Wealth manager will also continue to ‘explore selective M&A’ deals Tilney Smith & Williamson is preparing to launch a hybrid digital advice service as its assets under management nearly double following the completion of the merger. The UK wealth manager reported a 6.7% increase in net inflows last year to £704m ($996m, €819m) from £660m in 2019. It took in an additional £489m over the first quarter of 2021, according to its latest trading update. Tilney Group’s assets under management almost doubled from £26.3bn in 2019 to £51.2bn at the end of 2020 after its merger with Smith and Williamson last September added £22.3bn to the pot, with total AuM finishing Q1 2021 at £51.6bn.