Smith & Williamson hits £10bn asset milestone

Smith & Williamson, which operates from both Glasgow and London offices has provided standalone fund administration services since 1983 and now acts as authorised fund operator for more than 160 funds for investment managers, family offices and private individuals.

The full service host authorised corporate director (ACD) and fund administration business has grown significantly in recent years, with assets under administration standing at double the level reached in 2015.

James Gordon, head of Smith & Williamson Fund Administration Limited said: “As we continue to grow our host ACD and associated fund administration business, reaching £10 billion in assets under administration is a major milestone for the business.

“We remain committed to providing a fully integrated in-house service to our client base through market leading technology complemented by teams who have proven expertise in operational and regulatory matters.

“Due to the success of our in-house operational model, the business has been able to build significant market share. Today’s announcement is evidence that we, as a business, continue to put clients first and focus on delivering the right solutions.”