Company type | Limited Company |
---|---|
Industry | Financial services, Wealth Management, Professional Services |
Founded | 1836 |
Headquarters | London , United Kingdom |
Area served | |
Key people | |
AUM | £53 billion (2022) [1] |
Owners | Permira, Warburg Pincus |
Number of employees | 3,900 (2023) |
Website | evelyn.com |
Evelyn Partners is a financial services and professional services company based in the United Kingdom. It is formerly known as Tilney Smith & Williamson, [2] [3] which was the result of a 2020 merger [4] between Tilney and Smith & Williamson. The group also operates the online investment service Bestinvest. [5]
With £52 billion in assets under management, [6] it is one of the UK's largest wealth managers. [7] It is also the fifth-largest UK accountancy firm by fee income. [8]
Tilney was founded in 1836 in Liverpool as a company for dealing in stocks and shares. It remained an independent business for 150 years, until it was acquired by Charterhouse Group (then owned by the Royal Bank of Scotland). [9] In 2005, it was bought out by management in a deal backed by private equity investor Bridgepoint Capital, and in 2007 it was bought by Deutsche Bank. [10] [11] In 2014 it was merged with Bestinvest with the backing of investment group Permira. [12] [13]
Smith & Williamson was founded in 1881 in Glasgow, by David Johnstone Smith and Andrew Williamson. [14] Over the years, the firm grew through a series of mergers and acquisitions, including the acquisitions of Belfast-based investment management firm Cunningham Coates in 2001 [15] and accountancy firm Solomon Hare in 2005. [16]
In 2020 Tilney merged with Smith & Williamson to create the Tilney Smith & Williamson group [17] [18] in a transaction backed by existing investor Permira and private equity firm Warburg Pincus. [19]
In 2022 the company rebranded to Evelyn Partners, retaining Bestinvest as a separate brand ("Bestinvest by Evelyn Partners"). [20]
The company provides wealth, accountancy and business advisory services to individuals and businesses, including financial planning, investment management, personal and business tax, risk advisory, and fund administration. [21] [22] [23]
It operates offices in 26 cities in the UK, as well as in the Republic of Ireland, and the Channel Islands. Its headquarters is in Gresham Street, in the City of London. [24] [25]
Bridgepoint Group plc is a British private investment company listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Wellington Management Company is a private, independent investment management firm with client assets under management totaling over US$1 trillion based in Boston, Massachusetts, United States.
Permira is a British global investment firm specialised in buyout, growth equity and credit funds. Founded in 1985 as part of Schroders, it became independent in 1996. Operating as Permira since 2001, the company became one of the largest buyout specialists. As of today, Permira advises funds with total committed capital of €77 billion, which have invested in more than 300 companies worldwide. The company employs over 470 people in 15 offices across Europe, North America and Asia.
CVC Capital Partners is a Luxembourg-based private equity and investment advisory firm with approximately €186 billion of assets under management and approximately €157 billion in secured commitments since inception across American, European and Asian private equity, secondaries, credit funds and infrastructure. As of 31 December 2021, the funds managed or advised by CVC are invested in more than 100 companies worldwide, employing over 450,000 people in numerous countries. CVC was founded in 1981 and, as of 31 March 2022, has over 850 employees working across its network of 25 offices throughout EMEA, Asia and the Americas.
Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding. Evercore is widely considered one of the most prestigious and elite investment banking advisory firms.
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.
Tilney was a financial planning and investment firm in the UK. It acquired financial advisors, Smith & Williamson, in 2019 and the enlarged firm was rebranded as Evelyn Partners in 2022.
SVG Capital was a leading British private equity and investment management business. Headquartered in London, it was listed on the London Stock Exchange.
PAI Partners is a French private equity firm based in Paris. It is one of the oldest firms in the sector, with its origins dating back to Paribas Affaires Industrielles, historically the principal investment arm of Paribas, which started operations in 1872.
PGIM, Inc. (PGIM), formerly known as Prudential Investment Management, functions as the asset management arm of Prudential Financial, an American life insurance company.
Man GLG is a discretionary investment manager and a wholly owned subsidiary of British alternative investment manager Man Group plc. It is a diversified and multi-strategy fund manager that operates strategies including equity long-short funds, convertible arbitrage funds, emerging market funds and long-only mutual funds. The firm is also a founding member of the Hedge Fund Standards Board and a signatory of the Principles for Responsible investment. As of 2022, Man GLG had $35.4 billion assets under management.
Capvis is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies across a range of industries in the Industrial Corridor of Europe.
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.
Amundi is a French asset management company. With €2 trillion of assets under management (AUM) at the end of 2021, it is the largest asset manager in Europe and one of the 10 biggest investment managers in the world.
Cork Gully is a financial and operational restructuring advisory firm headquartered in London. The firm specialises in business transformation, restructuring and special situations, such as the management of tail-end and/or challenged funds, as a sub-advisor or successor asset manager.
First Manhattan (FM) is a wealth management firm founded in 1964 by a group of financial industry executives led by the late David "Sandy" Gottesman. FM remains independently owned and operated, with operating subsidiaries that include an SEC-registered investment adviser and a broker-dealer registered with FINRA. FM is currently led by Zac Wydra, CEO and Portfolio Manager, and Alvaro Spinola, CFO/COO.
Cetera Financial Group is an independent wealth hub and financial services provider comprising, among other companies, one of the largest families of independent registered investment advisers and broker-dealers in the United States. As such, Cetera provides financial advisors, tax professionals, and financial institutions with market and investment research, client-service platforms and technologies, trade execution and portfolio management services, and back-office support.
Blue Owl Capital Inc. is an American alternative investment asset management company. It is currently listed on the New York Stock Exchange under the ticker symbol: "OWL".
Fiera Capital Corporation (Fiera) is a Canadian asset management company headquartered in Montreal, Quebec. The company has expanded through a series of acquisitions. It invests in multiple asset classes which are in both public and private markets although the majority of its assets are in public markets. North America is its biggest region with the majority of its investments being in Canada and the United States.