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Profits rise 132% for Tilney as gross inflows hit £3.2bn

EBITDA rose 132% to £91.7m for the first half of 2021 at wealth manager and Financial Planner Tilney Smith & Williamson with gross new business inflows of £3.2bn (H1 2020: £1.4bn) representing 12.5% of opening assets (on an annualised basis).

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£45bn wealth mega-merger approved by shareholders

Shareholders of wealth manager Smith & Williamson have voted today to approve the merger of the company with Financial Planning and wealth management rival Tilney.

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Tilney and Smith & Williamson confirm £45bn merger

Financial Planning and wealth management firms Smith & Williamson and Tilney have agreed to combine the two firms.

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Tilney figures show recovery after 'challenging' assets slump

New figures released today by Tilney have shown the firm has arrested a decline in assets, but inflows were still down.

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