Evelyn Partners nets £5.4bn in new business for 2022

In a trading update for the three months ended 31 December 2022, the business said it had achieved robust net inflows and strong operating income growth.  Evelyn Partners, the rebranded name of Tilney Smith & Williamson, said group operating income in Q4 was £158.6m - up 9.8% from £144.5m in the same period last year. It lauded continued strong performance from both its financial services (FS) and professional services (PS) arms. It added that, on a full-year basis, operating income for 2022 rose 7.1% to a record level of just over £600m. Elsewhere, gross inflows in the final quart...