Accounting Firms

Tilney Smith & Williamson strengthens Scottish presence with Capital Risk purchase

As part of the deal, directors Grant Walker and Willie Crockett, as well as eight staff, will move into Tilney Smith and Williamson’s office at Atria Two in Morrison Street, Edinburgh

Tilney Smith and Williamson has further strengthened its presence in Scotland by welcoming Capital Risk Management’s 10-strong team to its Edinburgh office, as well as the owner of Capital Risk Management’s appointed representative firm, MP2 Financial.

Both businesses, which are currently based in Coates Crescent in Edinburgh, provide financial planning, retirement and investment planning services to individuals, families, businesses and trustees.

As part of the deal, directors Grant Walker and Willie Crockett, as well as eight staff, who will bring experience covering financial planning, paraplanning and administration, will move into Tilney Smith and Williamson’s office at Atria Two in Morrison Street, Edinburgh.

Richard Dawes, head of strategic partnerships at Tilney Smith and Williamson, said: “The agreements we have reached with the teams at Capital Risk Management and MP2 Financial Limited represent the third and fourth deals as part of our succession programme for financial advisers approaching retirement.

“We have had considerable interest in the scheme since we launched it late last year and invite other advisers who have built their own businesses who are starting to think about their own succession planning to get in touch. The programme allows firms to benefit from the significant investments we have made in recent years to our proposition and technology, while also providing a great new home for their clients through an orderly transition.”

Willie Crockett, director of Capital Risk Management, added: “We are proud of the business that we have built up in the last 9 years and last year we began to think carefully about the future. We have come to recognise the benefits of being part of a bigger group with significant resources.

“We were keen to find a partner with similar values to us and with a commitment to expertise in both financial planning and investment. Having researched the market and met with other companies, we were impressed by the professionalism and ethos of Tilney Smith & Williamson and putting their clients first and felt that they were a natural fit for our clients and staff moving forward.”

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