Tilney Smith & Williamson enhances international services proposition27 April 2021
Leading wealth management and professional services group Tilney Smith & Williamson has enhanced its international service proposition with the appointment of Majid Hussain as partner in its Private Client tax team. The appointment follows a series of hires in the international business development team last year, including Maurice Keane as Head of International Business and colleague Jeremy Bezant from Rathbone Brothers.
Majid has over 10 years of experience in private client taxation advising high-net worth individuals and their families. He joins from BDO where he worked for four years as a Director in its Tax team. He previously spent more than six years at Deloitte. Majid brings experience and expertise on all areas of private client tax, with a specific focus on international families with complex overseas structures, such as trusts.
Earlier this year, the Group announced it was eyeing significant new business opportunities in Europe following the UK’s departure from Europe’s regulatory framework. While most UK-based discretionary investment managers have found themselves shut-out of the market since the start of the year, Tilney Smith & Williamson, through its group structure and regulated subsidiaries, is unusually well-placed to continue to support financial advisers operating in Europe and their EU resident clients.
Maurice Keane, Head of International Business, said: “We are delighted to welcome Majid to our growing team of experts. His appointment complements our existing international discretionary management services, giving our international intermediary partners and clients added value to the investment proposition when dealing with complex structures and expatriate tax advice. The ability to offer a tax advice service for EU based clients and their advisers via our Irish MiFID licensed entity is one of the many benefits the international business is able offer resulting from the merger of Tilney, and Smith &Williamson.”
Majid said: “I am looking forward to working with the wealth management arm of our business in providing clients with a truly holistic private client experience. The merger of Tilney Smith and Williamson and the senior appointment of Maurice Keane demonstrate the focus the firm has on ensuring that private clients remain at the heart of what we do.”
Tilney is a leading investment and financial planning group that builds on a heritage of more than 180 years. Our clients are private investors, charities and professional intermediaries who trust us with over £24 billion of their assets. We offer a range of services including financial planning, investment management and advice and, through our Bestinvest service, a leading online platform for those who prefer to manage their own investments. We have won numerous awards including Wealth Manager of the Year, Best Discretionary/Advisory Wealth Manager, Best Low-cost SIPP Provider and Best Investment Platform 2018 as voted by readers of the Financial Times and Investors Chronicle; Best Advisory Service in the 2015 City of London Wealth Management Awards; and Investment Award – Cautious category in the Private Asset Management Awards.
Headquartered in Mayfair, London, the Tilney Group employs over 1,000 staff across our network of 30 offices, enabling us to support clients with a local service throughout the UK.