Evelyn Partners eyes Scotland expansion by signing deal for new Glasgow office

Evelyn Partners, the leading integrated wealth management and professional services group created from the merger of Tilney and Smith & Williamson, is pleased to announce that it has agreed terms for new landmark offices in Glasgow. The move by the group will physically bring its Glasgow teams together in a single, modern, location that will support its ambitious growth plans in Scotland. The merged group has deep roots in Glasgow with Smith & Williamson having been founded in the city in 1881.

21 Sept 2022
Authors
177 Bothwell Street

Evelyn Partners, the leading integrated wealth management and professional services group created from the merger of Tilney and Smith & Williamson, is pleased to announce that it has agreed terms for new landmark offices in Glasgow. The move by the group will physically bring its Glasgow teams together in a single, modern, location that will support its ambitious growth plans in Scotland. The merged group has deep roots in Glasgow with Smith & Williamson having been founded in the city in 1881.

Evelyn Partners, the leading integrated wealth management and professional services group created from the merger of Tilney and Smith & Williamson, is pleased to announce that it has agreed terms for new landmark offices in Glasgow. The move by the group will physically bring its Glasgow teams together in a single, modern, location that will support its ambitious growth plans in Scotland. The merged group has deep roots in Glasgow with Smith & Williamson having been founded in the city in 1881.

The firm, which looks after £52.7 billion of assets for its wealth management clients and £10 billion for its fund governance and administration clients, is taking 30,000 sq ft of space at 177 Bothwell Street, making it the second largest office in the group after its new headquarters in Gresham Street, London. Some 350 staff will move into the new premises from two existing office locations in St Vincent Street, while the space agreed will also allow for further expansion and provide first-class meeting facilities for clients. The 177 Bothwell Street development has been designed to meet excellent standards* of environmental sustainability and efficiency, supporting the group’s commitment to achieve Net Zero greenhouse emissions in its corporate organisational footprint.

Evelyn Partners is well-placed to support clients with both their personal financial affairs and their business interests. The group’s personal wealth management services include financial planning, investment management and personal tax advice, while for businesses it provides assurance and accounting, business tax advice, employee benefits, forensic advice, fund governance, fund administration, recovery and restructuring and transaction services.

Paul Frame, Regional Managing Partner for Scotland and Northern Ireland at Evelyn Partners commented: “We are excited to have agreed terms for 177 Bothwell Street. Our new offices will provide a first-class working environment for our staff based in Glasgow and supports our ambitious plans for continued expansion in Scotland. The building’s location in the city centre, close to excellent transport links, makes it convenient for our clients to meet with our specialist teams and attend events.”

Neil Coxhead, Chief Executive of Evelyn Partners’ host ACD and fund administration business added: “Our host ACD and fund administration business has its centre of excellence in Glasgow and the new office allows us to keep pace with our expansion plans. 177 Bothwell Street will provide a great city centre location and modern working environment for our teams that supplies specialist services to the UK funds industry.”

*177 Bothwell Street is targeting BREEAM ‘Excellent’ Standard, the world’s leading assessment method for buildings, and has an A-rated Energy Performance Certificate (the highest possible)

About Evelyn Partners

Evelyn Partners is the UK’s leading wealth management and professional services group, created following the merger of Tilney and Smith & Williamson in 2020. With £62.2 billion of assets under management (as at 30 June 2024), we are one of the largest UK wealth managers ranked by client assets and the seventh largest accountancy firm by ranked by Group fee income (source: Accountancy Age 50+50 rankings, 2023).

We have a network of offices in 30 towns and cities across the UK, the Republic of Ireland and the Channel Islands. Through our operating companies, we offer an extensive range of financial and professional services to individuals, family trusts, professional intermediaries, charities, and businesses.

Our purpose is to ‘place the power of good advice into more hands’, and we are uniquely well-placed to support clients with both their personal financial affairs and their business interests. Our personal wealth management services include financial planning, investment management, personal tax advice and, through Bestinvest, we have a multi award-winning online investment service for self-directed investors. For businesses, our wide range of services includes assurance and accounting, business tax advice, employee benefits, forensics, fund administration, fund governance, recovery and restructuring and transaction services. 

For further information please visit: https://www.evelyn.com/

Disclaimer

By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. This briefing does not constitute advice nor a recommendation relating to the acquisition or disposal of investments. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication.

Issued by the Evelyn Partners group of companies (the “Group”) which comprises Evelyn Partners Limited and any subsidiary of Evelyn Partners Limited from time to time. Further details about the Group are available at: https://www.evelyn.com/legal-compliance-regulatory/registered-details