Smith & Williamson is a UK financial and professional services firm, combining an accountancy practice, an investment management arm and a private bank. It provides services to individuals, corporates, professional practices and non-profit organisations.
It is the country's eighth largest accountancy firm, and part of Nexia International, a global network of accounting, audit and consulting firms. The company was founded more than 100 years ago and has 11 UK offices in the UK and Ireland, with its headquarters in London.
The UK faces increased economic uncertainty and potentially lower growth. Meanwhile, the weak pound may lead companies to raise prices to offset higher input costs, writes Tineke Frikkee, manager of the Smith & Williamson UK Equity Income fund.
Smith and Williamson's James Burns has said that value is beginning to re-emerge in the investment trust sector, after discounts significantly narrowed at the end of last year.
Smith & Williamson has hired two former co-leads of global equities at Pictet to take over its American trust as Tana Focke retires after 20 years at the helm.
Canaccord Genuity's Lucy Mitchell has joined Smith & Williamson as an associate director tasked with developing its discretionary proposition.