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Insider UK

National wealth manager acquires Edinburgh financial planner

Wealth manager Tilney Smith & Williamson has strengthened its presence in Scotland by acquiring Capital Risk Management’s 10-strong team in Edinburgh, as well as the owner of its appointed representative firm, MP2 Financial.

Both businesses, which are currently based in Coates Crescent in Edinburgh, provide financial planning, retirement and investment planning services to individuals, families, businesses and trustees.

As part of the deal, directors Grant Walker and Willie Crockett, as well as eight staff, will move into Tilney Smith & Williamson’s office at Atria Two in Morrison Street, Edinburgh.

John Mortimer, director of Edinburgh-based MP2 Financial, will also be joining Tilney Smith & Williamson as part of the move.

Paul Frame, regional managing partner for Scotland and Northern Ireland at Tilney Smith & Williamson, commented: “As we prepare to re-brand to Evelyn Partners this summer, this move reinforces our ambition to continue growing our presence in the city while also providing clients with the reassurance that they will continue to receive high quality, personalised service from an experienced and professional team.”

Crockett commented: “We were keen to find a partner with similar values to us and with a commitment to expertise in both financial planning and investment.

“Having researched the market and met with other companies, we were impressed by the professionalism and ethos of Tilney Smith & Williamson and felt that they were a natural fit for our clients and staff moving forward.”

Mortimer added: “This move will provide my clients with security in the knowledge that they will benefit from the resources of a national wealth management firm but at a local level as Tilney Smith & Williamson continue to expand throughout Scotland and the rest of the UK.”

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