Wealth manager Brooks Macdonald has completed major organisational changes, cutting full year costs by about £4m, according to a trading update today.

Wealth and investment manager Brooks Macdonald is to cut 55 jobs - about 10% of its workforce - as part of cost-cutting measures announced today.

Wealth and investment manager Brooks Macdonald has today reported net outflows of £70m for the first quarter of its financial year ended 30 September.

Wealth manager and Financial Planner Brooks Macdonald has reported a dip in net flows to £0.1bn for the company's fourth quarter ended 30 June.