Brooks Macdonald Group (BRK) Investor presentation summary

Strategy and operating model

• Shifted from an investment-manager-focused model to integrated distribution serving external IFAs, investment management clients and direct clients; modernised products and moved to a single data and administration platform.

• Brooks Financial launched under a single operating model, with integration synergies delivered; FY25 and FY26 dividends and share buyback returned £35m to shareholders.

• Strategic priorities are excellent client service, broader client reach, and scale and efficiency; FY27 targets include annualised net inflows of +5% and BAU cost growth below 5%.

Market opportunity and growth initiatives

• UK core wealth management market is £1.2tn; PMPS is projected to more than double to ~£450bn by 2030, with 3.7% market share and a seventh-largest platform MPS position.

• BPS is expected to become a £700bn market, with 1.5% current share; plans target 10 of 60 national and network firms managing £250bn.

• BMSP targets high-quality IFA firms with investment, consultancy, technology and engagement support; 200 target firms represent £39bn AUM, with £1bn current AUM share.

• Retirement Strategies span bespoke, tailored and modelled options, with minimum investments of £500k, £250k and £50k respectively, and a two-pot approach to address sequencing, longevity and inflation risks.

FY26 financial performance

• FUMA reached a record £21.7bn versus £19.1bn in FY25; revenue was £118.1m versus £111.6m, underlying profit £29.0m versus £28.9m, and underlying EPS 137.9p versus 130.4p.

• Net flows improved by £622m to £226m, supporting 14% FUMA growth; Q4 net flows of £167m were the strongest quarterly result in three years.

• BPS FUM rose 9%; MPS FUM rose 30% and revenue 16%; financial planning revenue increased 10% like for like and reached ~25% of total revenue.

• Underlying costs were £90.3m versus £85.2m; FY26 included £1.3m of cost synergies and £3.3m of restructuring, alongside investment in capability and capacity.