Brewin Dolphin Q1 Total Income Up 8.9%

Wealth management company Brewin Dolphin Holdings plc. (BRW.L) reported that its first quarter total income was 104.4 million pounds, an increase of 8.9% from prior year, driven by higher funds and strong market performance.

Total discretionary income for the quarter increased 7.2% to 86.8 million pounds from 81.0 million pound in the previous year.

Total funds increased by 3.7% to 59.0 billion pounds from 56.9 billion pounds in fiscal year 2021. Discretionary funds were up 4.4% to 52.0 billion pounds supported by continued strong net flows and investment performance of 1.5 billion pounds.

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