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July 5, 2021updated 12 Jul 2021 11:59am

Tilney Smith & Williamson boost South East team with hire

By Patrick Brusnahan

Tilney Smith & Williamson has appointed Natasha Etherton as a financial planner based in its Maidstone office. This is part of a continued recruitment drive in the South East of the UK.

Etherton began her career in financial services at Origen Financial Services for 14years. She then moved to LEBC in 2015 and helped set up its Maidstone office.

David Cummins, managing partner at Tilney Smith & Williamson in Maidstone, commented: “I am delighted to welcome Natasha to Tilney Smith & Williamson’s Maidstone office. She brings considerable experience to the team, particularly as a later life advice specialist and she will be lead adviser on this in our broader South East region. Natasha’s appointment is part of our continued recruitment drive in the South East in response to increased demand for our financial planning services.”

Etherton added: “I am very pleased to be joining Tilney Smith & Williamson. I am passionate about helping private clients achieve their goals and dreams through good financial planning, and helping families navigate life’s most difficult journeys. I look forward to building on this and working with even more clients and families, backed by the financial strength and enormous expertise that Tilney Smith & Williamson offers.”

Tilney Smith & Williamson recorded an increase in assets under management (AuM) in Q1 2021 to hit £51.6bn ($72.9bn) following a record year for new business, operating income and adjusted EBITDA in 2020.

The merger between Tilney and Smith & Williamson completed on 1 September 2020. This led to strong results in the year.

New business inflows totalled £3.3bn over the year, compared to £2.8bn in 2019. AuM also increased by year-end, totalling £51.2bn.

In addition, operating income increased by 47.5% year-on-year to hit £305.8m and EBITDA grew by 34.8% to reach £115.4m over the same time period.

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