Wealth manager and Financial Planner Tilney Smith & Williamson has taken office space for up to 150 staff in a landmark office building in Birmingham as it plots Midlands expansion.

The firm has agreed terms for Birmingham’s 103 Colmore Row, believed to be the tallest office block under construction in the UK outside London. 

The group, formed in September 2020 by the merger of Smith & Williamson and Tilney, will take the 14th floor of the building. 

The space will accommodate around 150 people from the two legacy businesses (Tilney and Smith & Willamson) and will include ‘smart working’ facilities as well as meeting and collaboration areas for clients and staff.  

Tilney Smith & Williamson, which looks after £54.8bn of assets, will also have access to event space on the 18th floor where it can hold seminars, presentations and outdoor events on the terrace.  

Two legacy firms will co-locate to the building next year from their existing locations at 9 Colmore Row and Baskerville House, Centenary Square. 

The group’s personal wealth management services include Financial Planning, investment management and personal tax advice. For businesses it provides assurance and accounting, business tax advice, employee benefits, forensic advice, fund administration, recovery and restructuring and transaction services. 

Dr Adam Parker, managing director of Tilney Smith & Williamson’s Birmingham Financial Services team, said: “Tilney and Smith & Williamson are two of the leading wealth management businesses in the Midlands and so we are delighted to be able to bring them together as one team at 103 Colmore Row. Our new office will allow us to keep pace with our ambitious regional expansion plans.” 

Stephen Drew, professional services regional managing partner at Tilney Smith & Williamson in Birmingham, said: “We are excited by our move to a landmark building in our growing city. Our professional services team has more than doubled in the last 12 months and, as our growth journey continues, we are delighted to be able to offer a contemporary and smart working environment for our clients and team.”