Tilney Smith & Williamson AUM reaches record £57.7bn ahead of summer rebrand

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. "Our increased scale, combined with strong new business generation across both our financial services and professional services businesses, has meant that it has also been a significant year in terms of financial performance," he said. In its full-year results for 2021, Tilney Smith & Williamson recorded gross new business inflows of £6bn, representing 11.7% of opening assets, wit...