Evelyn Partners: Empowering Wealth Management with Expert Financial Advice
Evelyn Partners stands as one of the United Kingdom’s foremost wealth management companies, renowned for delivering personalised and expert financial planning alongside investment management services. Built on a rich legacy that dates back to 1836, Evelyn Partners represents the integration of decades of expertise, combining heritage with a modern approach to managing clients’ wealth. As the firm’s tagline states, it is “placing the power of good advice into more hands,” reflecting its mission to make professional financial guidance accessible and impactful.
In this article, we will explore Evelyn Partners’ history, headquarters, services, and unique workplace culture, offering a comprehensive understanding of why it has become a trusted name in financial services across the UK.
Evelyn Partners Founded: A History Rooted in Tradition and Innovation
Evelyn Partners was founded in 1836, originally under the name Tilney. Over the years, it grew to become a reputable investment management firm. A significant milestone in its history occurred in 2020, when Tilney merged with Smith & Williamson, a professional services firm established in 1881, which specialised in accounting and advisory services. This merger created a combined entity initially known as Tilney Smith & Williamson.
The rebranding to Evelyn Partners in 2022 marked a new chapter, reflecting the company’s vision to provide holistic wealth management services that integrate financial planning with investment management. The new identity also emphasises the firm’s commitment to placing high-quality financial advice within reach of more individuals and institutions.
Headquarters and Contact Information
Evelyn Partners is headquartered in London, United Kingdom, a financial hub that positions the firm strategically within the heart of the UK’s business and wealth management sector. The London base allows Evelyn Partners to maintain close connections with both domestic and international clients, leveraging access to global markets and financial networks.
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Website: https://www.evelyn.com
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Phone: While the company operates through multiple offices across the UK, clients can contact their main office or local branches via the contact details available on their official website.
Specialties and Services Offered by Evelyn Partners
Evelyn Partners provides a broad spectrum of wealth management services designed to meet the diverse needs of private clients, families, entrepreneurs, and institutions. Its core specialties include:
Wealth Management and Investment Advice
At the heart of Evelyn Partners’ offering is comprehensive wealth management, combining personalised financial planning with disciplined investment management. Clients receive tailored strategies that consider their financial goals, risk tolerance, and time horizons. The firm offers discretionary portfolio management and advisory services, empowering clients to make informed investment decisions.
Financial Planning
Evelyn Partners excels in financial planning services, which cover critical life stages and objectives, such as:
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Retirement Planning: Crafting strategies to ensure clients can retire comfortably with sustainable income.
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Inheritance Tax and Estate Planning: Advising on efficient wealth transfer and minimising tax liabilities, helping families protect their legacies.
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Protection Planning: Providing insurance and risk management solutions to safeguard clients’ financial wellbeing.
Employee Benefits and Charity Investment Management
Evelyn Partners extends its expertise to organisations by offering employee benefit schemes, helping companies design and manage pension plans and incentive programmes. Additionally, it provides specialised charity investment management services, ensuring not-for-profit organisations meet their financial goals while adhering to regulatory frameworks.
Online Investing Platform
The firm also supports clients seeking a digital-first approach through its online investing platform, Bestinvest. This platform offers execution-only investment services, allowing clients to manage their investments independently with access to expert resources and tools.
Company Size and Workforce Culture
With between 1,000 and 5,000 employees, Evelyn Partners operates across 25 offices throughout the UK, Ireland, and the Channel Islands. The company employs over 2,400 professionals, many of whom are highly qualified financial advisers, accountants, and investment specialists.
Evelyn Partners embraces a hybrid working model with its Smart Working policy, which allows employees the flexibility to work from home for part of the week, typically working on-site three days weekly. This approach fosters a healthy work-life balance while promoting collaboration and productivity.
Additional employee benefits include collaborative working spaces and no mandatory vaccine policy, illustrating the company’s commitment to creating a supportive and adaptable workplace.
Ownership and Leadership
Evelyn Partners is majority-owned by prominent private equity firms:
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Permira: Holding a 56% stake.
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Warburg Pincus: Holding approximately 25%.
Under the leadership of CEO Paul Geddes and Chairman Chris Grigg, Evelyn Partners continues to expand its market presence, focusing exclusively on wealth management following the 2024 sale of its professional services division. This strategic decision reflects the firm’s intent to concentrate fully on delivering superior financial advice and investment management solutions.
Recent Developments and Market Position
In 2024, Evelyn Partners made headlines by selling its professional services arm (including audit and tax advisory) to Apax Partners for £700 million. This move underscores its commitment to focusing solely on wealth management, an area where it holds a strong competitive position.
With assets under management (AUM) exceeding £63 billion as of 2024, Evelyn Partners is considered a major player in the UK financial services industry. Its expansive client base and robust financial performance underpin its reputation for reliability and excellence.
Why Choose Evelyn Partners?
Evelyn Partners stands out for several reasons:
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Comprehensive Expertise: The integration of financial planning with investment management offers clients a one-stop solution for their wealth needs.
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Client-Centred Approach: Personalised advice tailored to individual circumstances and goals ensures relevance and efficacy.
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Innovation and Accessibility: The combination of traditional advice with digital platforms like Bestinvest broadens client access to professional financial services.
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Strong Heritage: Rooted in firms with nearly two centuries of history, Evelyn Partners benefits from longstanding industry experience and trust.
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Workplace Culture: The hybrid working policy attracts and retains top talent, fostering a motivated and skilled workforce.
Conclusion
Evelyn Partners exemplifies a modern wealth management company that balances heritage with innovation. With its comprehensive services, expert leadership, and commitment to placing good financial advice into more hands, Evelyn Partners continues to build on its legacy while adapting to the evolving needs of clients across the UK.
