The company can now provide clients with the Brooks Macdonald Bespoke Portfolio Service and Managed Portfolio Service, which can both be held in offshore and onshore bonds, ISAs and Self Invested Personal Pensions.
Brooks Macdonald said the Bespoke Portfolio Service, managed by regional director John Wallace, is targeted at private clients who require an individual investment portfolio constructed to reflect their investment objectives, tax status and attitude to risk.
The Managed Portfolio Service is overseen by the company’s London team and consists of five actively managed, risk-rated, diversified portfolios.
Brooks Macdonald will manage both of these services on a discretionary basis but Petrus will retain the responsibility of portfolio suitability.
Joint managing director at Brooks Macdonald, Andrew Shepherd, said: “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.”
Last month, Brooks Macdonald announced that its discretionary funds under management had increased by almost 30%, boosted in part by its acquisition of DPZ Capital, which bought in additional assets of £363m.
The AIM listed wealth manager said its discretionary arm totalled £6.55bn at the end of June, compared with £5.11bn ($611m, €457m) the previous year.
Based in Berkshire, Petrus provides independent financial advice to individuals, families, trustees and charities.
