# Bestinvest > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Bestinvest > Markdown URL: https://mediated.wiki/source/Bestinvest.md > Source: https://en.wikipedia.org/wiki/Bestinvest > Source revision: 1356326956 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) **Bestinvest** is an [investment](/source/Investment) and a financial [coaching](/source/Coaching) company based in [London](/source/London). It provides execution-only investment services predominantly to private investors, as well as financial planning, investment management and investment advisory services as part of the [Evelyn Partners](/source/Evelyn_Partners) Group.[1] [2] ## History The company was founded in 1986 by John Spiers.[3] The company promoted the use of online [fund supermarkets](/source/Fund_platform) and established a [Discretionary Investment Management](/source/Discretionary_Investment_Management) arm. In July 2007 it was bought by management and [3i](/source/3i).[4] The company acquired HW Financial Services, the financial services arm of Haines Watts the accountancy group, in January 2010.[5] In November 2013, Bestinvest received the backing of private equity firm [Permira](/source/Permira).[6] In February 2014, Permira agreed to buy the investment manager [Tilney](/source/Tilney_(company)) from [Deutsche Bank](/source/Deutsche_Bank) with the ambition of creating a wealth manager with 9 billion of assets. After completion of the deal in May 2014 Bestinvest and Tilney combined to create Tilney Bestinvest.[7] Bestinvest remained as a separate brand focusing on execution-only investing whilst Tilney was introduced as a brand focusing on Investment Management and Financial Planning.[8] In June 2022, following [Tilney's](/source/Tilney_Ltd.) merger with [Smith & Williamson](/source/Smith_%26_Williamson),[9] the group rebranded to [Evelyn Partners](/source/Evelyn_Partners). Bestinvest was retained as a separate brand.[10] ## Operations The company provides execution-only investment services to self-directed investors. It also offers investment advice, discretionary investment management and financial planning services to individuals and companies, charities and other financial institutions through the wider Evelyn Partners group. Available products include [Individual Savings Accounts](/source/Individual_Savings_Account) (ISA), [unit trusts](/source/Unit_trust), [Self-invested personal pensions](/source/Self-invested_personal_pension) (SIPP) and [Venture Capital Trusts](/source/Venture_Capital_Trust) (VCT).[11] ## References 1. ["Bestinvest relaunches offering free investment coaching"](https://www.yourmoney.com/investing/bestinvest-relaunches-offering-free-investment-coaching/). *yourmoney*. 25 May 2022. Retrieved 2022-05-25. 1. ["Our service"](https://www.bestinvest.co.uk/our-service). *Bestinvest*. Retrieved 2020-08-27. 1. [John Spiers returns to Bestinvest – The Times](https://web.archive.org/web/20090429225829/http://business.timesonline.co.uk/tol/business/movers_and_shakers/article4981727.ece) 1. [tml 3i back Bestinvest – 3i Press Release](http://www.3i.com/sectors/bestinvest-backed-by-3i.hхуй) [Archived](https://web.archive.org/web/20090826180716/http://www.3i.com/sectors/bestinvest-backed-by-3i.html) 26 August 2009 at the Wayback Machine 1. ["HW Financial Services links with Bestinvest"](https://web.archive.org/web/20110207211447/http://www.ftadviser.com/FinancialAdviser/Advisers/News/article/20100121/e60ee27a-01cb-11df-9251-00144f2af8e8/HW-Financial-Services-links-with-Bestinvest.jsp). Archived from [the original](http://www.ftadviser.com/FinancialAdviser/Advisers/News/article/20100121/e60ee27a-01cb-11df-9251-00144f2af8e8/HW-Financial-Services-links-with-Bestinvest.jsp) on 2011-02-07. Retrieved 5 March 2010. 1. ["Permira acquire Bestinvest from 3i"](https://web.archive.org/web/20170107063547/http://www.permira.com/news/bestinvest/2013/bestinvest-acquired-by-the-permira-funds). Archived from [the original](http://www.permira.com/news/bestinvest/2013/bestinvest-acquired-by-the-permira-funds) on 7 January 2017. Retrieved 13 January 2017. 1. ["Tilney to merge with Bestinvest following private equity buyout"](http://citywire.co.uk/new-model-adviser/news/tilney-to-merge-with-bestinvest-following-private-equity-buyout/a736667). *citywire.co.uk*. Retrieved 20 June 2021. 1. ["Tilney announces 'transformative' merger with £45bn of AuM"](https://www.internationalinvestment.net/news/4005101/tilney-announces-transformative-merger-gbp45bn-aum). *www.internationalinvestment.net*. 19 September 2019. 1. Jakubowski, Zak; Reporter; Sep 2020, Accountancy Daily2. ["Tilney and Smith & Williamson complete merger"](https://www.accountancydaily.co/tilney-and-smith-williamson-complete-merger). *www.accountancydaily.co*. Retrieved 2022-12-13. 1. Reichman, Carmen (14 June 2022). ["Tilney Smith & Williamson becomes Evelyn Partners"](https://www.ftadviser.com/ftadviser-focus/2022/06/14/tilney-smith-williamson-becomes-evelyn-partners/). *FT Adviser* 1. O'Neill, Moira (20 January 2011). ["Hit the January VCT sales"](http://www.investorschronicle.co.uk/InvestmentGuides/VentureCapitalTrusts/article/20110118/6a004eee-2308-11e0-b638-00144f2af8e8/Hit-the-January-VCT-sales.jsp). *Investors Chronicle*. Retrieved 25 August 2011. ## External links - [Official website](http://www.bestinvest.co.uk) --- Adapted from the Wikipedia article [Bestinvest](https://en.wikipedia.org/wiki/Bestinvest) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Bestinvest?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.