Smith & Williamson, which provides investment services for private individuals, charities and institutions, joins the Association of Short Term Lenders (ASTL) as an associate member.

With 13 offices in the UK, Ireland and Jersey, 1,500 people and an international capacity in over 100 countries, the independently owned provider deals in investment management, accountancy, tax, corporate and financial advisory services for private clients, corporates, professional practices and not-for-profit organisations.

Founded in 1881, Smith & Williamson’s financial and business services professionals, tax advisors, private client investment managers and support staff continue to offer business and personal financial services and manage the financial affairs for its growing clientele.

Nick Myers, associate director of restructuring and recovery services at Smith & Williamson says, “The restructuring and recovery team is becoming more and more involved in the short term lending arena and have a particular expertise in acting as fixed charge receivers and administrators for secured creditors outside the traditional clearing banks.

“With this in mind, we soon realised that the next step was to become an associate of the ASTL because I strongly believe we can provide valuable industry insight, thought leadership and services that will benefit the association’s existing members."

Benson Hersch, CEO of the ASTL adds, “Smith & Williamson has looked after the financial affairs of individuals, families and businesses for more than a century. It continues to work with a range of industry professionals from fund and asset managers to corporate finance houses, brokers and short-term finance providers and, due to the company’s experience and expertise, I’m sure it will prove to be of much interest to the members of the association.”

Press release May 2016