Our heritage dates back to 1771 when William Morris and Sons was formed. This was a partnership of 150 stockbrokers which created a club at Jonathan’s Coffee House. Two years later, The London Stock Exchange was born in a building in Sweetings Alley, with a dealing room on the ground floor and a coffee house above.
Quilter remained at the forefront of the industry and, after merging with many smaller partnerships, became Quilter Goodison & Co in 1981.
At the time of ‘Big Bang’ in 1986 – which abolished out of date financial practices and opened the floodgates to international capital – Sir Nicholas Goodison was senior partner and Chairman of The London Stock Exchange.
After being acquired by Commercial Union in 1988 and then Morgan Stanley in 2000, Citibank then acquired Quilter in 2006, culminating in a joint venture between Citibank and Morgan Stanley in 2009. Quilter Cheviot is now owned by Bridgepoint – a leading European private equity firm.
Our new parents have opened further opportunities for growth and in January 2013 Cheviot Asset Management merged with Quilter. Cheviot Asset Management was launched in May 2006, following the recruitment of 92 investment professionals and support staff from UBS.
Our ability to adapt and evolve has led to us being a business at the forefront of the sector for over 200 years.
Throughout our history our standards and values have remained consistent. Our impartial approach, high standards of personal service, our drive to build and preserve the wealth of our clients and our belief in the importance of a robust investment process have remained unchanged.