Skip to content
International Adviser
  • Contact
  • Subscribe
  • Regions
    • United Kingdom
    • Middle East
    • Europe
    • Asia
    • Africa
    • North America
    • Latin America
  • Industry
    • Tax & Regulation
    • Products
    • Life
    • Health & Protection
    • People Moves
    • Companies
    • Offshore Bonds
    • Retirement
    • Technology
    • Platforms
  • Investment
    • Equities
    • Fixed Income
    • Alternatives
    • Multi Asset
    • Property
    • Macro Views
    • Structured Products
    • Emerging Markets
    • Commodities
  • IA 100
  • Best Practice
    • Best Practice News
    • Best Practice Awards
  • Media
    • Video
    • Podcast
  • Directory
  • My IA
    • Events
    • IA Tax Panel
    • IA Intermediary Panel
    • About IA

ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

Tilney SW reportedly plans acquisition of UK wealth manager

By Robbie Lawther, 8 Mar 21

As it prepares to float on the stock market

UK financial services giant Tilney Smith & Williamson is eyeing up a deal to buy the wealth management arm of Punter Southall.

According to UK newspaper The Times, this comes amid speculation the firm is bulking up ahead of a stock market flotation.

Punter Southall, which was created by Jonathan Punter and Stuart Southall in 1988, has £36bn ($50bn, €42bn) under management. It has a wealth management operation as well as fund management business, a pension fund trustees service and a data analysis arm in Camradata.

International Adviser contacted Tilney Smith & Williamson and Punter Southall Wealth, but the former said it would not comment on the rumours and the latter did not reply in time for publication.

Recently, IA reported that Tilney Smith & Williamson bought Surrey-based financial and investment advisory firm HFS Milbourne for an undisclosed sum.

Tilney Smith & Williamson was created in September 2020 when Tilney and Smith & Williamson completed their delayed merger. The enlarged business manages £50bn of assets, 290 investment managers and 265 financial planners, and at the time it was created had revenue estimated at £530m.

Tags: Tilney Smith & Williamson | UK Adviser

Share this article
Follow by Email
Facebook
fb-share-icon
X (Twitter)
Post on X
LinkedIn
Share

Related Stories

  • Cooperation partnership, work together for success, team collaboration, agreement or negotiation, collaborate concept, businessmen handshake on growth arrow joining connection agree to work together.

    Financial planning

    Ascot Lloyd completes acquisition of Aberdeen Financial Planning

    Industry

    Guernsey regulator encourages use of AI to enhance efficiency in financial services

  • Europe

    JTC announces leadership changes in Luxembourg to drive ‘next phase of growth’

    Latest news

    £1.4bn of pensions tax relief going unclaimed by higher earners in the UK


NEWSLETTER

Sign Up for International
Adviser Daily Newsletter

subscribe

  • View site map
  • Privacy Policy
  • Terms and Conditions
  • Contact

Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.