Evelyn Partners is the new name for Tilney Smith & Williamson, which rebranded Tuesday.

Mr Wilson joins the firm from Wesleyan where he was a specialist financial adviser providing Financial Planning services tailored to meet the needs of doctors.

He has 17 years of experience working within financial services and has developed a specialisation in the medical sector.

Mr Wilson will be based at Evelyn Partners’ Bracknell office and will have a particular focus on helping to increase the firm’s presence in the Oxford area.

Paul Heslop, managing partner and head of Evelyn Partners’ Bracknell office said: “I am very pleased that Ricky is joining our growing team in Bracknell following our re-brand to Evelyn Partners. We are continuing to see increasing demand for our Financial Planning services across the region and Ricky’s experience and expertise will be a valuable addition to our group.”

Mr Wilson said he was attracted to join the firm due to its “great reputation within the industry” and “exciting change in brand”.

The hire is a second Financial Planner appointment for the firm this week, with Nick Parkes joining the firm’s Nottingham office. 

Tilney and Smith & Williamson merged to become one firm in September 2020. The firm has since made a number of smaller acquisitions and Financial Planner appointments.

The wealth manager and Financial Planner saw a £1.9bn fall in assets under management to £55.8bn in the first quarter of this year due to challenging market conditions. 

In a trading update for the three months ended 31 March the group reported operating income of £146.9 million, up 9.3% compared to the same period last year (Q1 2021: £134.3 million). This was driven by increased assets under management year-on-year, as well as good performance by the Professional Services business, it said.

Gross new business inflows, however, were £1.4 billion in the first quarter, down on the £1.7bn seen in Q1 2021.

Net new business inflows were £0.5 billion in the first quarter, the same as Q1 2021.