Tilney Bestinvest to boost investment management presence with acquisition of Ingenious Asset Management

05 February 2016

Tilney Bestinvest, the award winning investment management and financial planning group, announces that it is to acquire Ingenious Asset Management. Ingenious Asset Management is a London based discretionary investment manager which services high net worth and ultra-high net worth clients and offers investment services to financial advisers. Ingenious Asset Management is responsible for over £1.8 billion of client assets and has 41 staff based in London. The transaction is anticipated to complete in April, subject to regulatory approval.

The combination represents another major milestone for Tilney Bestinvest, which was created from the successful merger of Bestinvest and Tilney Investment Management in 2014. Upon completion of the acquisition of Ingenious Asset Management, the enlarged group will be responsible for £11.2 billion of assets, of which over 80 percent will be managed or advised. Since the acquisition of Bestinvest by the Permira Funds in 2014, the business will have more the doubled its assets under management from £5 billion to £11.2 billion and is amongst the fastest growing wealth managers in the UK. The combined business will have over 500 staff across the UK operating from 15 offices including five investment management locations. The combination will see Tilney Bestinvest’s investment management team in London double in size and additionally it will boost the size of the group’s financial intermediary business development team, supporting its strategy of growing its relationships with financial advisers.

Click the PDF icon to download the full release.

Media contacts

Nina Suter Head of Communications - Director +44 (0) 207 632 4037

Related News & Views

Tilney announces year of strong financial performance and strategic progress

11 April 2019

Tilney acquires Moore Stephens’ UK wealth business

21 December 2018

Tilney boosts presence in Midlands with acquisition of Index Wealth Management

19 December 2018

Tilney appoints Andrew Baddeley as Group Chief Financial Officer

05 August 2018

Tilney announces record year with profits doubled and a 62% increase in new business

04 July 2018

Tilney Group appoints Chris Woodhouse as CEO

03 October 2017

The financial services industry has been changing rapidly

12 June 2017

Tilney’s landmark year as group achieved record AUM, revenues and profits

06 June 2017

Tilney Bestinvest rebrands as the Tilney Group

30 January 2017

Tilney Bestinvest appoints Will Samuel as Chairman

03 January 2017

Tilney Bestinvest completes acquisition of Towry

28 July 2016

Tilney Bestinvest posts £17.6m* profits in 2015 ahead of transformational acquisitions

27 May 2016

Tilney Bestinvest to acquire Towry

04 April 2016

Tilney Bestinvest announces acquisition of Webb Holton

26 August 2015

Play Button

Tilney Group and their ambition to become the preeminent player in the UK wealth management

01 July 2015

Tilney Bestinvest posts profits of £17.7m* in 2014

18 May 2015

Saga and Tilney Bestinvest to create a new investment and financial planning service for the UK’s over 50s

15 January 2015

Merger of Tilney and Bestinvest completes, creating leading £9bn investment and financial planning group

04 August 2014

The Permira Funds complete the acquisition of Bestinvest

28 March 2014

Permira Funds to acquire Tilney

27 February 2014

Bestinvest acquired by the Permira Funds

06 November 2013