How to buy Brewin Dolphin (BRW) shares

By   |   Verified by Andrew Boyd   |   Updated 9 Nov 2023

Brewin Dolphin (LSE: BRW) is one of the biggest wealth management firms in the UK. They provide financial planning and investment management for private individuals, charities, and companies.

They can trace their origins back to 1762 when John Dawes, who was also a founder of the London Stock Exchange, founded the company.

Scroll down for more details on buying shares in Brewin Dolphin.

Unsure about what share dealer to use?

Where to buy Brewin Dolphin shares

eToro

On website

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk

eToro

Highlights

  • Trade and invest in top financial instruments, including a wide selection of stocks.
  • eToro is regulated by CySec, FCA and ASIC
  • Your funds are protected by industry-leading security protocols.
Hargreaves Lansdown

On website

Hargreaves Lansdown

Highlights

  • Offers easy-to-use trading platforms.
  • Invest across 20 international exchanges in shares, funds, bonds and investment trusts.
  • Dealing charges depend on how many trades you make each month.
Lightyear

On website

When you invest, your capital is at risk.

Lightyear

Highlights

  • Invest in over 3,000 international ETFs and stocks in the EU, UK, US, and more.
  • Simple and easy-to-understand pricing. Per order, Lightyear will charge 0.1% (up to $1 max) on US shares, £1 on UK shares, and €1 on EU shares.
  • Earn interest* on uninvested cash, USD (4.50%), EUR (3.25%), GBP (4.5%), and HUF (8.25%)  p.a. gross.
  • No account-keeping fees.


*The interest rates are true as of 12.06.2023
* Finty will be paid a referral fee, including financial promotion if you open an account and deposit funds through some of the links on this page.


Pros

  • No withdrawal fees.
  • US Fractional Shares are available.
  • A low 0.35% foreign exchange fee.

Cons

  • Limited investment products.
Saxo Markets

On website

Saxo Markets

Highlights

  • It only takes five minutes to open your account online.
  • Get ultra-competitive spreads and commissions across all asset classes.
  • Get news, commentary and actionable trade ideas from their team of expert analysts.
Wombat Invest

On website

Wombat Invest

Highlights

  • Simple and straightforward investing app.
  • Allows you to invest in ETFs (Standard ISA or GIA) and Fractional Shares (GIA only).
  • Get a savings account and unlock 4.91 %AER (variable) paid daily.
  • Open an Individual Savings Account and invest up to £20,000 each year.



Disclaimer: When you invest, your capital is at risk.

Pepperstone

On website

80.9% of retail investor accounts lose money when trading CFDs

Pepperstone

Highlights

  • Trade gold, silver, oil, and more.
  • Enjoy industry-leading low spreads from 0.0 pips.
  • Regulated by ASIC, BaFin, CMA, CySEC, DFSA, FCA, and SCB.
Freetrade

On website

Freetrade

Highlights

  • With fractional shares, you can start investing from only £2.
  • Choose from thousands of stocks from the London Stock Exchange, NYSE and NASDAQ.
  • Access to a wide range of ETFs and Investment trusts.

Compare platforms for buying shares with Finty. Research fees, commissions, tradable assets, markets, etc.

First time buying?

How to buy Brewin Dolphin shares

Step 1: Get a share trading account

Brewing Dolphin is listed on the London Stock Exchange, which your broker needs access to if you want to buy some of their shares.

Things to think about when choosing the right broker: what commission they charge on trades and the foreign exchange fee incurred when investing in overseas assets, what tradable instruments and market access they offer, whether they allow fractional share investments, and the general user-friendliness of their platform.

Step 2: Fund your trading account

To buy shares from Brewin Dolphin, you'll require cleared funds in your trading account.

You can make a deposit using a debit card or bank transfer. Your broker may also accept credit cards, although many don’t.

Although it varies between brokers, funds are typically available to use immediately when deposited with a debit card.

Step 3: Decide how much money to allocate

Things can change rapidly in the stock market, which is why you shouldn't invest more money than you can afford to lose.

If you want to invest in shares regularly over time, you're less prone to the volatility in the markets. This is a strategy known as pound cost averaging.

Step 4: Choose whether to invest in shares or an ETF

ETFs (Exchange Traded Funds) are a form of managed, diversified investment. Each is comprised of shares of several companies, usually in a specific sector or market. The name of an ETF indicates the subject matter it is focused on. It’s easy to see what share holdings an ETF has online.

Step 5: Set up your order

A market order is the easiest way to buy shares. When submitted, the broker will buy shares in Brewin Dolphin at the next market price. However, there can be some variance between the price quoted and the price paid.

Most brokers offer the ability to set up an order to execute automatically when the share price hits your target. Trigger orders can be configured to buy or sell and are widely used to protect profits by selling when the price falls.

Step 6: Buy

Once you’ve configured your order, submit it to buy your shares.

After you buy

What moves Brewin Dolphin's share price

Once you have invested in Brewin Dolphin shares, keep track of the price. Do this whether you are planning to make a long or short-term investment.

Actively watch what Brewin Dolphin is doing. Take an interest in anything new they announce to the market. Whether positive or negative, press stories can impact the stock price.

Tracking their competitors, such as Royal London Asset Management, Oakham Wealth Management, and Cantab Wealth Management, will help you place Brewin Dolphin’s performance in context with their industry peers.

Disclaimer: We put our customer’s needs first. The views expressed in this article are those of the writer’s alone and do not constitute financial advice. Advertisers cannot influence editorial content. However, Finty and/or the writer may have a financial interest in the companies mentioned. Finty is committed to providing factual, honest, and accurate information that is compliant with governing laws and regulations. Do your own due diligence and seek professional advice before deciding to invest in one of the products mentioned. For more information, see Finty’s editorial guidelines and terms and conditions.