Wealth and Asset Management
Brown Shipley suffers £2.5m writedown on 2019 buy
Brown Shipley has suffered a £2.5m impairment charge relating to an acquisition it made five years ago, Citywire Wealth Manager has learnt. The charge, linked to its 2019 purchase of NW Brown, was a large factor behind Brown Shipley’s pretax profit decline, which fell from £2.3m in 2022 to £1.2m…
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