Evelyn Partners and Aviva’s full-year results for 2022, both released today (9 March), showed resilience in the face of tough economic conditions during the previous 12 months.
Evelyn Partners, which rebranded from Tilney Smith & Williamson in June last year, saw group operating income increase by 7.1% to a record level of just over £600m compared to 2021's £560.8m. It achieved gross new business inflows of £5.4bn, with net new business inflows of £2.3bn. It said its earnings before adjustments were £184.3m compared to £188.4m in 2021. Assets under management (AUM) were £53bn at 31 December 2022, down from £57.7bn the previous year. Group chief executive Chris Woodhouse said the group had delivered a "resilient financial performance" during the year agains...
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