Tilney Smith & Williamson has looked to Brooks Macdonald for its latest hires, appointing three investment managers from its rival as it continues to bolster its investment team.
The newly merged firm announced today (January 13) it has hired Richard Lindop, Lindsay Spencer and James Grayson to join the firm across the UK in a bid to “build-out” its team with “further talent”.
Mr Lindop will join Tilney Smith and Williamson as an investment manager in Leeds, having worked as an investment director and member of the fixed interest committee at Brooks.
Prior to his time at Brooks, he held roles as a wealth manager at Barclays Wealth and Investment and Investec Wealth & Investment.
Meanwhile Mr Spencer and Mr Grayson, also joining as investment managers, will be based in the Southampton office.
Both previously worked for Brooks for 11 years, most recently as senior investment directors, and had worked at Thesis Asset Managements prior to this.
John Bunch, chief commercial director, said: “In these uncertain times, it is imperative to have a well-managed investment strategy in place and in Richard, James and Lindsay we are delighted to welcome three highly experienced investment managers to our team.
“Despite the unusual environment of a national lockdown, we are continuing to build-out our team with the hire of further talent.
“This is a very exciting time to be joining Tilney Smith & Williamson following last year’s merger. The business has an unrivalled range of services to support clients and I believe we can provide great career opportunities for talented professionals.”
Prior to the merger in September 2020, both Tilney and Smith & Williamson had migrated to a remote working model ahead of the first lockdown in mid-March.
Tilney Smith & Williamson now has roughly 290 investment managers, 265 financial planners and more than 140 professional services partners and directors located across the UK, as well as in the Republic of Ireland and the Channel Islands.
When the deal was first announced last September it was reported Tilney would be paying £625m for its rival.
imogen.tew@ft.com
What do you think about the issues raised by this story? Email us on fa.letters@ft.com to let us know
