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Evelyn Partners
Evelyn Partners is a financial services and professional services company based in the United Kingdom. It is formerly known as Tilney Smith & Williamson, which was the result of a 2020 merger between Tilney and Smith & Williamson. The group also operates the online investment service Bestinvest. With £52 billion in assets under management, it is one of the UK's largest wealth managers. It is also the fifth-largest UK accountancy firm by fee income. History Tilney was founded in 1836 in Liverpool as a company for dealing in stocks and shares. In 2014 it was merged with Bestinvest with the backing of investment group Permira. Smith & Williamson was founded in 1881 in Glasgow, by David Johnstone Smith and Andrew Williamson. In 2020 Tilney merged with Smith & Williamson to create the Tilney Smith & Williamson group in a transaction backed by existing investor Permira and private equity firm Warburg Pincus Warburg Pincus LLC is a global private equity firm, headquartered i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wealth Management
Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals and families. It is a discipline which incorporates structuring and planning wealth to assist in growing, preserving, and protecting wealth, whilst passing it onto the family in a tax-efficient manner and in accordance with their wishes. Wealth management brings together tax planning, wealth protection, estate planning, succession planning, and family governance. Private wealth management Private wealth management is delivered to high-net-worth investors. Generally, this includes advice on the use of various estate planning vehicles, business-succession or stock-option planning, and the occasional use of hedging derivatives for large blocks of stock. Traditionally, the wealthiest retail clients of investment f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Professional Services
Professional services are occupations in the service sector requiring special training in the arts or sciences. Some professional services, such as architects, accountants, engineers, doctors, and lawyers require the practitioner to hold professional degrees or licenses and possess specific skills. Other professional services involve providing specialist business support to businesses of all sizes and in all sectors; this can include tax advice, supporting a company with accounting, IT services, public relations services or providing management services. Definition Many industry groups have been used for academic research, while looking at professional services firms, making a clear definition hard to attain. Some work has been directed at better defining professional service firms (PSF). In particular, Von Nordenflycht generated a taxonomy of professional service firms, defining four types: # Classic PSFs (e.g. law and accounting firms): characterized by a high knowledge inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Permira
Permira is a global investment firm. Founded in 1985, the firm advises funds with assets under management of €60+ billion. The Permira funds have made approximately 300 private equity investments in four key sectors: Technology, Consumer, Services and Healthcare. Permira employs over 360 people in 16 offices across North America, Europe and Asia. History Permira was founded in 1985 by Nicholas Ferguson as a number of country-specific separate businesses operating under the Schroder Ventures brand. In 1996, the United Kingdom, French, German and Italian teams joined to create Schroder Ventures Europe and in 1997, this raised its first pan-European fund. In 2001, the firm was renamed Permira. In 2002, Permira expanded into the U.S. with the opening of its New York office. In 2005, Permira launched its first Asia Pacific-based office in Japan. It later opened its Hong Kong office in 2008. In 2006, Permira raised over €10 billion in commitments for its P4 fund, which was, at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warburg Pincus
Warburg Pincus LLC is a global private equity firm, headquartered in New York, with offices in the United States, Europe, Brazil, China, Southeast Asia and India. Warburg has been a private equity investor since 1966. The firm currently has over $80 billion in assets under management and invests in a range of sectors including retail, industrial manufacturing, energy, financial services, health care, technology, media, and real estate. Warburg Pincus is a growth investor. Warburg Pincus has raised 21 private equity funds which have invested over $100 billion in over 1,000 companies in 40 countries. Warburg Pincus invested in the information and communication technology sectors, including investments in Avaya, Bharti Tele-Ventures, Harbour Networks, NeuStar, PayScale, and Telcordia. History Founding and early history In 1939, Eric Warburg of the Warburg banking family founded a company under the name E.M. Warburg & Co. Its first address was 52 William Street, New York ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Professional Services
Professional services are occupations in the service sector requiring special training in the arts or sciences. Some professional services, such as architects, accountants, engineers, doctors, and lawyers require the practitioner to hold professional degrees or licenses and possess specific skills. Other professional services involve providing specialist business support to businesses of all sizes and in all sectors; this can include tax advice, supporting a company with accounting, IT services, public relations services or providing management services. Definition Many industry groups have been used for academic research, while looking at professional services firms, making a clear definition hard to attain. Some work has been directed at better defining professional service firms (PSF). In particular, Von Nordenflycht generated a taxonomy of professional service firms, defining four types: # Classic PSFs (e.g. law and accounting firms): characterized by a high knowledge inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tilney Ltd
Tilney and Tylney are surnames of English origin. They may refer to: People *Agnes Tilney (AKA Agnes Howard, Duchess of Norfolk, 14771545), English noblewoman * Colin Tilney (born 1933), harpsichordist, fortepianist and teacher * Edmund Tylney (AKA Edmund Tilney, 15361610), courtier to Elizabeth I of England, and Master of the Revels *Elizabeth Tilney, Countess of Surrey (before 14451497), English heiress and lady-in-waiting to two queens * Sir Frederick Tilney (died 1445) Lord of Ashwellthorpe, Norfolk, and Boston, Lincolnshire * John Tilney (190794), British businessman and politician *Robert Tilney (before 1943after 1962), British Army officer who served during World War II * William S. Tilney (born 1939), American public official, lawyer and diplomat Places *Thorpe Tilney, hamlet in the county of Lincolnshire, England *Tilney All Saints, civil parish in the English county of Norfolk *Tilney St Lawrence, village and civil parish in the English county of Norfolk Business ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smith & Williamson
Smith & Williamson was a United Kingdom financial and professional services firm. It was acquired by wealth manager, Tilney, in 2019 and the enlarged firm was rebranded as Evelyn Partners in 2022. History Smith & Williamson was founded by David Johnstone Smith and Andrew Williamson in Glasgow in 1881. The first London office was opened in 1893. Smith & Williamson has had a number of mergers. The first merger was with NCL (Securities) Limited, an investment manager, in 2002. Its second merger was with Solomon Hare, a private accounting firm in UK, in 2005. In 2018 Smith & Williamson merged with LHM Casey McGrath in Dublin. In September 2020, the company announced it had completed its merger with the Tilney group. As of then, no changes to existing operations had been announced. In February 2022 the merged company Tilney Smith & Williamson, owned by private equity funds Permira and Warburg Pincus, was re-branded as Evelyn Partners. In May 2022, the company announced the acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bestinvest
Bestinvest is an investment and a financial coaching company based in London. It provides execution-only investment services predominantly to private investors, as well as financial planning, investment management and investment advisory services as part of the Evelyn Partners Group. History The company was founded in 1986 by John Spiers. The company promoted the use of online fund supermarkets and established a Discretionary Investment Management arm. In July 2007 it was bought by management and 3i. The company acquired HW Financial Services, the financial services arm of Haines Watts the accountancy group, in January 2010. In November 2013, Bestinvest received the backing of private equity firm Permira. In February 2014, Permira agreed to buy the investment manager Tilney from Deutsche Bank with the ambition of creating a wealth manager with 9 billion of assets. After completion of the deal in May 2014 Bestinvest and Tilney combined to create Tilney Bestinvest. Be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
