Brooks Macdonald Group (BRK) Trading update summary

Q1 flows and FUMA

• Net inflows £54m in Q1, fourth consecutive positive quarter, vs £49m net outflows in Q1'26.

• BPS net outflows £53m vs £157m a year earlier; Platform MPS net inflows £172m vs £175m in Q1'26.

• Total FUM £19.5bn at 30 September, up from £19.3bn at 30 June; market and investment performance added £0.2bn.

• Total FUMA £21.8bn vs £21.7bn at 30 June; 59% of Brooks Financial’s £5.7bn AuA was advised and managed, vs 58% at FY26.

Service flows

• Total MPS net inflows £144m, including Platform MPS £172m, offset by MPS Custody outflows of £28m.

• Total flows included £709m gross inflows and £655m gross outflows; annualised net flows growth was 1.1%.

• Management attributed improved BPS flows to stronger regional presence, focus on high-net-worth clients and client service.

Strategy and execution

• Management linked four consecutive quarters of positive net inflows to the Reignite Growth strategy, stronger adviser relationships, disciplined execution and financial planning growth.

• Investment in regional investment managers and financial planners continued; the modernised MPS range aims to simplify adviser and client engagement.

• Management described the start to the year as positive and focused on building momentum.