Tilney has opened a new office in Maidstone in Kent and says it has expands to rapidly scale up its local staffing levels.
The firm said it would initially employ 10 staff, including four financial planners, but expected to take on an additional financial planner and investment manager by year-end.
Head of the Maidstone office David Cummins said: ‘Having already established an excellent client base in Kent, the opening of Tilney’s new Maidstone office is a major milestone in achieving our ambition of becoming the most trusted wealth manager in the south east.
‘The new office will enable us to better support and advise clients and their families locally and to grow our presence further. In particular we look forward to further developing close relationships with region’s leading accountants and solicitors.’
The wealth manager, which in the past has acquired Towry and Ingenious, was also reported to have made an eleventh hour bid to hijack Rathbones’ proposed merger with Smith & Williamson in August last year.
That proposed merger was later shelved.
The firm is headed up by chief executive Chris Woodhouse (pictured), who took over from Peter Hall in October.
Hall stepped down from his role after seven years with the business.