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Tilney completes rebrand to Evelyn Companions

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Wealth supervisor and Monetary Planner Tilney Smith & Williamson has accomplished its rebrand to Evelyn Companions.

The agency began the rebranding course of in March.

Bestinvest, the agency’s on-line funding platform and hybrid digital recommendation service has remained a separate model and is now generally known as Bestinvest by Evelyn Companions.

In keeping with the Monetary Planning agency, the rebrand to Evelyn Companions displays that the enterprise is now ‘one agency with a single function’.

The model is known as after Evelyn Gardens, the 1893 London deal with of one of many enterprise’ founders.

Chris Woodhouse, chief govt of Evelyn Companions stated: “At the moment marks a brand new chapter for the enterprise, one which celebrates the mixing of our heritage companies and displays that we’re one agency united by our function – to put the facility of excellent recommendation into extra fingers.

“I’d prefer to take this chance to thank all our workers, shoppers and intermediaries who’ve given their time to offer their ideas on our model and people who have assisted in its improvement and implementation. We look ahead to upholding our excessive requirements for consumer service underneath our new identify and model id.”

Tilney and Smith & Williamson merged to grow to be one agency in September 2020. The agency has since made quite a few smaller acquisitions.

The wealth supervisor and monetary planner noticed a £1.9bn fall in property underneath administration to £55.8bn within the first quarter of this 12 months as a result of difficult market situations

In a buying and selling replace for the three months ended 31 March the group reported working revenue of £146.9 million, up 9.3% in comparison with the identical interval final 12 months (Q1 2021: £134.3 million). This was pushed by elevated property underneath administration year-on-year, in addition to good efficiency by the Skilled Companies enterprise, it stated.

Gross new enterprise inflows, nevertheless, have been £1.4 billion within the first quarter, down on the £1.7bn seen in Q1 2021.

Internet new enterprise inflows have been £0.5 billion within the first quarter, the identical as Q1 2021.




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