Brewin Dolphin celebrates its milestone at the Sage

INVESTMENT manager Brewin Dolphin will celebrate its 250th anniversary in style at the Sage Gateshead tonight – as it continues to expand in the North East.

Lucinder Beaumont & Barney Hawkins of Brewin Dolphin
Lucinder Beaumont & Barney Hawkins of Brewin Dolphin

INVESTMENT manager Brewin Dolphin will celebrate its 250th anniversary in style at the Sage Gateshead tonight – as it continues to expand in the North East.

Brewin this week welcomed investment director Barney Hawkins from rival UBS and said it was looking to further strengthen its 350-strong Newcastle-based team.

Tonight Brewin will stage a musical celebration to mark its landmark anniversary attended by more than 500 clients and contacts at the Gateshead venue.

Divisional director John Duns said it would be a fitting way to celebrate the growth of the firm which was established by stock broker John Dawes back in 1762. Brewin came to Newcastle in 1998 when the firm acquired Wise Speke, which was established in the city in 1903.

Hawkins, who had been with Wise Speke before leaving to help Merrill Lynch establish its office in Newcastle, said he was delighted to be returning to the firm.

“I have been very impressed with the way that Brewin Dolphin has developed during those 14 years,” he said. “There were around 100 people when I left whereas there are about 350 now, but the same ethos of the service to the client overlaying everything remains.”

Hawkins admitted that it was a time of great change in the financial services sector with the impact of the new RDR legislation set to be far reaching.

But he said that, while some wealth management firms are moving clients to standardised ‘off-the-shelf’ portfolios, Brewin remained committed to developing bespoke portfolios for its clients.

“I think that people prefer to be treated as a person rather than a portfolio number,” he said.

Duns said Brewin was delighted to welcome Hawkins to the team, where he will work alongside assistant director Lucinda Beaumont, who has moved to Newcastle from Brewin’s Edinburgh office.

“Barney is not only very experienced but he’s from the North East as well, and that is very useful because of his contacts here and the fact that he knows the area,” he said.

Duns said that Brewin was looking to further strengthen its team by adding more experienced staff to its investment management and financial planning teams, as well as its ongoing recruitment of trainees.

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