Following recent media speculation, the Board of Tilney confirms that it is in exclusive discussions with Smith & Williamson about a potential combination of our businesses.
A merger of Tilney and Smith & Williamson would create a market-leading, integrated UK wealth management and professional services group with over £45 billion of assets under management.
These discussions are ongoing and there can be no certainty that a transaction will proceed. A further announcement will be made as and when appropriate.
Disclaimer
This release was previously published on Tilney Smith & Williamson prior to the launch of Evelyn Partners.