Further to the announcement of 27 February, we are pleased to confirm that the merger of Tilney* and Bestinvest has now completed. The combination has created a leading nationwide UK private client investment and financial planning group responsible for £9 billion of client assets.
The combination of Tilney and Bestinvest is the most significant transaction in the UK wealth management industry in 2014. The enlarged business has c400 employees located in 16 permanent offices, with major regional hubs in Birmingham, Edinburgh, Glasgow, Liverpool and London. The business provides a broad spectrum of services including investment management for private clients, financial intermediaries and charities; financial planning, and an award-winning online investment service for investors who make their own decisions.
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