Brooks Macdonald Asset Management has partnered with Berkshire-based IFA firm Petrus Financial Services to offer Brook’s bespoke and managed portfolio services to advisers.
As part of this “strategic alliance” BMAM will manage both services for Petrus on a discretionary basis with responsibility of the portfolios’ suitability being retained by Petrus.
The bespoke portfolio service will be managed by BMAM’s Hampshire office led by regional director John Wallace.
Meanwhile the managed portfolio service will be managed by BMAM’s managed portfolio service team in London.
BMAM joint managing director Andrew Shepherd says: “The investment management services that we are providing are designed to cover a wide range of investment objectives and risk profiles.
“Petrus have a thorough financial advisory process that feeds into our robust investment process and provides clients with a first rate wealth management solution. We very much look forward to working with Petrus and their advisers to meet the needs of their clients.”