Brewin Dolphin is reviewing the service it offers clients with less than £50k in assets under management.
It is currently assessing whether users with less than £50k with the group are getting a suitable service on cost grounds, although Brewins has not said if it plans to stop servicing them. The group currently has a tiered charging structure, with an AMC of 1.3% for discretionary clients with portfolios worth up to £1m. It recently extended its offering, launching a lower cost Managed Portfolio Service for clients with smaller portfolios and ISAs, which is run by the group's portfolio manager John Moore. This is designed to meet the needs of clients with portfolios between £10,000 a...
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