Smith & Williamson saw its funds under management and advice rise by 3.7% to £22.2bn in the six months to 31 October 2019, the firm said on Monday (16 December).
The financial and professional services firm said the first half of its 2019/20 financial year had been "a period of strong growth and continuing investment in the group's infrastructure". It also confirmed its proposed merger with Tilney Group, announced in September, was expected to complete in the first quarter of 2020. The deal will create a £45bn AUM wealth management firm. Smith & Williamson completes prep work for 2020 IPO plans Smith & Willimson's co-CEOs David Cobb and Kevin Stopps, said: "The first half of the year saw further progress, both in terms of our performance an...
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