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Tilney hires financial planner from Investec

Tilney hires financial planner from Investec

Wealth manager Tilney has hired from rival Investec as it bolstered its Edinburgh-based financial planning team.

Jacqueline Morton joined the national advice firm as a financial planner from her role as business development director at Investec Wealth & Investment, where she had worked since 2011. 

Mike Wardlaw, financial planning director in Tilney's Edinburgh team, said: "We are delighted to expand our financial planning team in Scotland.

"Jacqueline is highly talented and well regarded in the region and I am delighted to welcome her to the team.

"She is the third planner to join our team this year which highlights our commitment to providing the very best standard of financial advice to the people of Edinburgh."

The wealth manager, which which manages more than £25bn of client assets, recently completed a recruitment drive in Northern Ireland, adding a director, managing partner and financial planner to its Belfast team. 

Tilney's biggest growth drive this year was its acquisition of rival Smith & Williamson in a £625m deal expected to complete in early 2020 to create a combined entity, Tilney Smith & Williamson. 

The merged companies will have assets under management of £45bn, of which 80 per cent will be run by discretionary fund managers. 

The company said it will invest in its technology after the merger and will have offices in 36 towns and cities around the country. The combined group will employ 260 financial planners, and 280 investment managers. 

rachel.mortimer@ft.com

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