Tilney Smith & Williamson has reported assets under management climbed to an all-time high of £57.7bn in 2021, on the back of record new business inflows and plans to rebrand to Evelyn Partners in this summer.
Group chief executive Chris Woodhouse called it a "landmark year" for the business, following the merger of Tilney and Smith & Williamson, and also pointed to its organic growth and underlying profitability. He added that, with new operating models "largely implemented", the brands will be consolidated under the new name Evelyn Partners from summer this year. "The choice of a new name reflects the fact that the business is now one firm with a single purpose enabling it to offer a broader, integrated offering to all clients," a spokesperson said. "The new name is rooted in the company...
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