Business

Wealth management firm Tilney Smith & Williamson agrees terms for prestigious Ewart building

The Ewart building in Belfast's Bedford Street, which will be the new home of Tilney Smith & Williamson
The Ewart building in Belfast's Bedford Street, which will be the new home of Tilney Smith & Williamson The Ewart building in Belfast's Bedford Street, which will be the new home of Tilney Smith & Williamson

WEALTH management and professional services group Tilney Smith & Williamson has agreed terms for new offices at landmark 17-storey Ewart building in the heart of Belfast’s business district.

The group, which employs 40 people at its current office in Linenhall Street, was formed in September 2020 from the merger of Tilney and Smith & Williamson. It will move in later this year

The company has local roots dating back to 1843 (until two years ago its office in Belfast was known as Cunningham Coates, which originated from the amalgamation of stockbrokers Josias Cunningham & Co Limited and William F Coates & Co in 1991, both of which had traded in their own rights for more than a century).

Today, Tilney Smith & Williamson provides private individuals, families, institutions and charities with specialist financial planning advice and investment management services, and looks after £56 billion of client assets.

The Ewart, built by McAleer & Rushe, is a part regeneration and part speculative office tower on Bedford Street.

Business advisers Deloitte are due to relocate to the £85 million development as an anchor tenant, taking 100,000 sq ft across two buildings.

Tilney Smith & Williamson will occupy part of the 13th floor of the building, which has been designed to meet excellent standards of environmental sustainability and energy efficiency, which will support the firm’s commitment to reducing its carbon footprint.

As well as providing smart working space for staff, it will offer a variety of meeting rooms for clients and visitors together with a presentation space.

Chris McVeigh, managing partner and head of office at Tilney Smith & Williamson in Belfast, said: “Agreeing terms for our new Belfast office at this prestigious building signals our intent to continue expanding our presence in Northern Ireland.

“The Ewart will provide a contemporary working environment for our staff, designed to high standards of sustainability and its location in the heart of the city, close to excellent transport links, makes it convenient for clients to access the specialist services we provide.”

Emma Sharp, partner and head of investment management at Tilney Smith & Williamson in Belfast, added: “Following the merger between Tilney and Smith & Williamson in September 2020, we have ambitious plans to work with more clients and grow our service offering in Northern Ireland.

“Our new office at The Ewart provides the ideal location to allow our staff to benefit from smart working and meet with clients.”