Brunel Wealth has passed £150 million funds under management after only 9 months of trading. The business, which was incorporated on 25th October 2019, gained FCA authorisation and began trading in February 2020.
In what has been the most extraordinary year, Brunel have added an associate adviser and a head of proposition & client delivery, all since lockdown in March.
Iain Black, managing director of Brunel Wealth, said “to pass this level of funds under management in this length of time is testament to the team we have assembled and the support of the wider Brunel Group. We will be adding to the team in 2021 and are at an advanced stage of our first acquisition, so 2021 looks to be even more exciting.”
Brunel have established relationships with some of the leading investment managers enabling the firm to offer the most competitive terms to clients and are working closely with other professional firms to ensure the highest quality advice and service to clients.
Iain Black said “these relationships allow us to offer truly independent advice that does not tie us to any one investment solution, we are able to match clients to the solution that best suits their objectives.”
The firm looks forward to being able to recommence the marketing strategy that has been put on hold due to lockdown and will be announcing a launch event in the Spring and programme of seminars throughout 2021, also starting in Spring.
Further opportunities arise off the back of the progression of sister-company Brunel Insurance Brokers (BIB). Throughout the latter half of 2020, BIB have opened a brand-new office in Stockton-on-Tees plus the acquisition of Inmans & Associates in Coventry announced this week (w/c 30th Nov). This provides the opportunity for Brunel Wealth to place advisers into both offices as well as the existing London office during next year.