Limited | |
Industry | Investment Management |
Founded | 1836 |
Headquarters | Chesterfield Gardens, London, UK |
Area served
|
United Kingdom |
Key people
|
Peter Hall (CEO), Lee Dooley (CCO), Donald Reid (COO), Permira |
Products |
Investment Management |
Number of employees
|
1,000 (2017) |
Parent | Tilney Group |
Website | www.tilney.co.uk |
Tilney is a financial planning and investment firm with head offices in Mayfair, London. The company is part of the Tilney Group and offers financial planning, investment management and investment advisory services to private clients. The company acquired competitors Towry in early 2017 and the combined business holds £21 billion of client assets.
Investment Management
Financial Planning
Investment Advisory
Multi-Asset Portfolio Funds
Managed Portfolio Service
In April 1836 Thomas Tilney and his second son George set up a firm for the purpose of dealing in stocks and shares, with offices at 7, Water Street. Sharebroking was not Mr Tilney's first business. He had followed his father into the shipping business on the Tyne but met with little success. Moving to Liverpool to try his fortunes there, both Thomas and his son George joined the already-existing Liverpool Sharebrokers' Association.
The Association expanded and Mr Tilney's third son Robert joined the firm in the 1840s. After their father's death in 1847 the two brothers continued to run the business, steering it through crises in the 1840s and 1860s before a serious quarrel between them led to the voluntary liquidation of the original company, Thomas Tilney & Sons and the formation of R J Tilney & Co. Robert Tilney died before his son Robert Henry came of age in 1887. Instructions were left for the business to be carried on by executors.
During the 1880s there was a growing interest in local industry. The Tilney archives record the names Lever (forebear of today's international Unilever), and Brunner Mond (which today forms part of ICI). The growth in power and importance of Liverpool, its international trading links and its thriving business community were reflected in the further development of the Liverpool Chamber of Commerce. The Liverpool Stock Exchange grew in importance and prestige to mirror the town's general prosperity.
In October 1895 R J Tilney & Co took on Mr John Brocklebank at a salary of £70 a year. Later he became a market floor trader, writing letters (by hand) to clients. Later still, in 1903, he became a Member of the Liverpool Stock Exchange, a partner in 1910 and, on the retirement of John Hyslop, the co-head of the firm, together with Col. Robert Henry Tilney.