Tilney Ltd.
Financial services firm in the UK
From Wikipedia, the free encyclopedia
Tilney was a financial planning and investment firm in the United Kingdom. It acquired financial advisors, Smith & Williamson, in 2019[1] and the enlarged firm was rebranded as Evelyn Partners in 2022.[2]
| Type | Limited |
|---|---|
| Industry | Financial services |
| Founded | 1836 |
| Headquarters | Chesterfield Gardens, , England |
Area served | United Kingdom |
Key people |
|
| Products | |
Number of employees | 1,000 (2017) |
| Subsidiaries | Bestinvest |
| Website | www |
History
The firm was established as a firm of stockbrokers by Thomas Tilney in 1836.[3]
Permira agreed to buy Tilney from Deutsche Bank, in February 2014, with the ambition of creating a wealth manager with £9 billion of assets.[4] After completion of the deal in May 2014 Bestinvest and Tilney combined to create Tilney Bestinvest.[5]
Tilney acquired Smith & Williamson with backing from Warburg Pincus in 2019.[6] and the combined company was renamed Tilney Smith & Williamson in 2020.[7]
In February 2022 the merged company Tilney Smith & Williamson, owned by private equity funds Permira and Warburg Pincus, was re-branded as Evelyn Partners.[8][9][10]