Tilney’s ‘landmark’ acquisitions sees assets surge by 138%
Tilney closed 2016 with assets under management at £22.4bn after factoring in its acquisitions of Towry and Ingenious Asset Management.
Tilney closed 2016 with assets under management at £22.4bn after factoring in its acquisitions of Towry and Ingenious Asset Management.
Brown Shipley has appointed Michael Pos to a newly created role as head of product and proposition as it looks to expand its wealth management operation.
At least seven members of the ex-Towry investment team have been made redundant following its acquisition by Tilney Group.
European Wealth has bought a book of business from Towry Asset Management, based on its clients in South Africa, who are estimated to have £120m ($152m, €132m) worth of assets.
Towry’s head of investment Andrew Wilson is to leave the firm after 22 years to pursue other opportunities.
Towry has hired Peter O’Donnell as an investment director in its London office.
Journalists love conflict. It sells newspapers. It gets people tuning in to radio and TV. Which is why we are so quick to frame something as a battle between two diametrically opposed sides.
Volatility expectations have been given a shot in the arm by August’s wild swings, but despite this many investors are determined to stay the course.
Tax optimisation drove wealth management clients to top up their ISAs by £1.6bn in the first half of the year, according to a report by SEI Wealth Platform.
Last week Hawksmoor announced not only the opening of a new Taunton office, but also its goal to become the biggest investment manager based in the South West.
Shares in Ashcourt Rowan have surged after the firm agreed to a £97m takeover by Towry Finance.
Wealth adviser Towry aims to create bespoke financial plans for clients of the sports agency.