Full Year 2025 Brooks Macdonald Group PLC Earnings Call Transcript
Good morning, and welcome to Brooks Macdonald's full year financial results for 2025. I took the role of CEO on the October 1, and my first year has been one of change. We've navigated through macroeconomic shifts, evolving client needs and government policy changes.
I'm pleased with how we've stayed close to our clients to help them through this market instability. A lot has changed at Brooks Macdonald, and I'm proud of how the whole team has come together. They share my ambitions for the firm.
I'll start with some highlights. Our strategy to reignite growth is delivering. We've achieved some significant milestones this year, including reshaping the group to become a UK-focused wealth manager, completing the sale of our international business. We've acquired and integrated three financial planning businesses and successfully launched Brooks Financial. We reported record FUMA of GBP19.2 billion, revenue increased by 4.6% and our underlying costs remained flat.
We launched a new global MPS and a new suite of
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