Smith & Williamson considers public listing

Smith & Williamson considers public listing

S&W appoints advisers as it considers public route

Smith & Williamson has appointed advisers to look into the possibility of
a public listing, it has confirmed in its latest annual report.

Gareth Pearce, chairman and group chief executive of S&W, said that
having agreed to consider a public listing at the time it merged with NCL in
2002, financial advisers had been appointed ‘to help us with this process’.

The news comes on the back of strong growth figures. Income for the year
ended 30 April 2006 leaped to £134.3m from £105.8m a year earlier. Profit before
tax climbed to £20.1m from £12.4m

Investment management and banking, alongside tax and business services, were
the company’s best performing service lines. Investment management grew 21.6% to
£68.9m, while tax and business services grew £35.8% to £72.9m

Pearce’s remuneration grew by 24%, to £727,849 from £585,335.

Related Articles

CogitalGroup announces acquisition of Wilkins Kennedy

Accounting Firms CogitalGroup announces acquisition of Wilkins Kennedy

1w Emma Smith, Managing Editor
Blick Rothenberg acquires Westleton Drake

Accounting Firms Blick Rothenberg acquires Westleton Drake

2w Emma Smith, Managing Editor
IR35 in 2018: what do accountants need to know?

Accounting Firms IR35 in 2018: what do accountants need to know?

2w SJD Accountancy | Sponsored
Top 50+50 UK Accountancy Firms 2018 – entries now open!

Accounting Firms Top 50+50 UK Accountancy Firms 2018 – entries now open!

3w Emma Smith, Managing Editor
It’s not just the potential of women at stake, it’s the potential of accountancy

Accounting Firms It’s not just the potential of women at stake, it’s the potential of accountancy

1m Jean Stephens, RSM International
PwC to net £50m from Carillion insolvency

Accounting Firms PwC to net £50m from Carillion insolvency

1m Alia Shoaib, Reporter
Mercer & Hole makes two new appointments

Accounting Firms Mercer & Hole makes two new appointments

2m Emma Smith, Managing Editor
Sexual harassment – is accountancy next for #MeToo?

Accounting Firms Sexual harassment – is accountancy next for #MeToo?

2m Karen Baxter, Lewis Silkin