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Smith & Williamson returns to Glasgow

Smith & Williamson is returning to its roots with the opening of a new fund management office in Glasgow.

The independent investment management, financ- ial advisory and accounting group was founded in Glasgow in 1881.

Director David Reid will be responsible for the open- ing of the new office, which is scheduled for the final quar- ter of 2005.

Reid was previously with NCL Investments from 2000, before it merged with Smith & Williamson in 2002.

The firm, whose investment management activities have been concentrated in the City of London for many years, says it sees Glasgow as growing in importance, making it a logical choice for a base for its Scottish operations.

Deputy chairman Christopher Lyttelton says: “We feel that our approach, which is to service the investment needs of our clients as individuals, will be well received in the Scottish market.

“This priority distinguishes us from many other investment management businesses.”

Reid says: “We are very excited about the business prospects in the city and we look forward to making a genuine contribution to Glasgow’s financial community.”

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