Latest news with #TweedWealthManagement
Edinburgh Reporter
28-07-2025
- Business
- Edinburgh Reporter
Edinburgh entrepreneur recognised in IOD shortlist
A Scottish business leader has been shortlisted in two categories at this year's Institute of Directors (IoD) Scotland Awards. Alison Welsh, Co-founder of Tweed Wealth Management and one of the key figures behind fintech scale-up Behavioural Finance, has been announced as a finalist for Operations Director of the Year and Start-up Director of the Year. Her dual recognition reflects a rare blend of strategic leadership and operational expertise across both an established financial powerhouse and an emerging tech innovator. She is also the only entrant to be shortlisted for two different businesses. Under Alison's operational leadership, the firm has grown to five UK offices and manages more than £600 million in client assets. It continues to deliver consistent year-on-year growth through a commitment to exceptional client outcomes, strategic acquisitions, and industry-leading innovation. Her work as Operations Director has included launching the Tweed Academy, a structured development pathway for aspiring financial advisers, and overseeing the adoption of cutting-edge technologies that have streamlined internal processes while enhancing the client experience. Alison said: 'Recognition in these two categories is an honour that underscores the incredible work being done by our teams at both Tweed Wealth Management and Behavioural Finance. 'Operational excellence often goes unseen, but it's what enables businesses to scale sustainably, maintain compliance, and deliver real value to clients.' Behavioural Finance, launched as a spin-out venture, is rapidly redefining the operational foundations of financial advisory firms. Its flagship innovation, AutoSL, automates the generation of regulated suitability reports – cutting the process from hours to just minutes. The platform is now part of an end-to-end system that includes digital onboarding, data extraction, and real-time CRM reporting. In under 12 months, the firm's technology has supported more than £700 million in financial flows and is forecast to power close to £3 billion in 2025. The platform has already gained attention from FTSE 100 firms and has been showcased at multiple high-profile industry events. Alison added: 'At Behavioural Finance, we're building tools that allow advisers to focus on what really matters – their clients. 'It's about removing the friction from compliance and giving professionals the freedom to work smarter, not harder.' The firm has been working through a major recruitment drive, aiming to add up to 50 new roles, with a strong emphasis on sourcing local Edinburgh talent and fostering a vibrant office-first culture. The IoD Scotland Awards celebrate exemplary leadership across all sectors of the Scottish economy. Winners will be announced at a ceremony later this year. Like this: Like Related
Scotsman
23-07-2025
- Business
- Scotsman
Trailblazing business chief earns double shortlisting at major awards
Entrepreneur recognised for reshaping financial services across two major ventures Sign up to our Scotsman Money newsletter, covering all you need to know to help manage your money. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... A Scottish business leader has been shortlisted in two categories at this year's Institute of Directors (IoD) Scotland Awards. Alison Welsh, Co-founder of Tweed Wealth Management and one of the key figures behind fintech scale-up Behavioural Finance, has been announced as a finalist for Operations Director of the Year and Start-up Director of the Year. Advertisement Hide Ad Advertisement Hide Ad Her dual recognition reflects a rare blend of strategic leadership and operational expertise across both an established financial powerhouse and an emerging tech innovator. She is also the only entrant to be shortlisted for two different businesses. Alison Welsh, Co-founder of Tweed Wealth Management Under Alison's operational leadership, the firm has grown to five UK offices and manages more than £600 million in client assets. It continues to deliver consistent year-on-year growth through a commitment to exceptional client outcomes, strategic acquisitions, and industry-leading innovation. Her work as Operations Director has included launching the Tweed Academy, a structured development pathway for aspiring financial advisers, and overseeing the adoption of cutting-edge technologies that have streamlined internal processes while enhancing the client experience. Alison said: 'Recognition in these two categories is an honour that underscores the incredible work being done by our teams at both Tweed Wealth Management and Behavioural Finance. Advertisement Hide Ad Advertisement Hide Ad 'Operational excellence often goes unseen, but it's what enables businesses to scale sustainably, maintain compliance, and deliver real value to clients.' Behavioural Finance, launched as a spin-out venture, is rapidly redefining the operational foundations of financial advisory firms. Its flagship innovation, AutoSL, automates the generation of regulated suitability reports – cutting the process from hours to just minutes. The platform is now part of an end-to-end system that includes digital onboarding, data extraction, and real-time CRM reporting. In under 12 months, the firm's technology has supported more than £700 million in financial flows and is forecast to power close to £3 billion in 2025. The platform has already gained attention from FTSE 100 firms and has been showcased at multiple high-profile industry events. Advertisement Hide Ad Advertisement Hide Ad Alison added: 'At Behavioural Finance, we're building tools that allow advisers to focus on what really matters – their clients. 'It's about removing the friction from compliance and giving professionals the freedom to work smarter, not harder.' The firm has been working through a major recruitment drive, aiming to add up to 50 new roles, with a strong emphasis on sourcing local Edinburgh talent and fostering a vibrant office-first culture.
Scotsman
23-07-2025
- Business
- Scotsman
Edinburgh business chief earns double shortlisting at major awards
Entrepreneur recognised for reshaping financial services across two major ventures Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... A Scottish business leader has been shortlisted in two categories at this year's Institute of Directors (IoD) Scotland Awards. Alison Welsh, Co-founder of Tweed Wealth Management and one of the key figures behind fintech scale-up Behavioural Finance, has been announced as a finalist for Operations Director of the Year and Start-up Director of the Year. Advertisement Hide Ad Advertisement Hide Ad Her dual recognition reflects a rare blend of strategic leadership and operational expertise across both an established financial powerhouse and an emerging tech innovator. She is also the only entrant to be shortlisted for two different businesses. Alison Welsh, Co-founder of Tweed Wealth Management Under Alison's operational leadership, the firm has grown to five UK offices and manages more than £600 million in client assets. It continues to deliver consistent year-on-year growth through a commitment to exceptional client outcomes, strategic acquisitions, and industry-leading innovation. Her work as Operations Director has included launching the Tweed Academy, a structured development pathway for aspiring financial advisers, and overseeing the adoption of cutting-edge technologies that have streamlined internal processes while enhancing the client experience. Alison said: 'Recognition in these two categories is an honour that underscores the incredible work being done by our teams at both Tweed Wealth Management and Behavioural Finance. Advertisement Hide Ad Advertisement Hide Ad 'Operational excellence often goes unseen, but it's what enables businesses to scale sustainably, maintain compliance, and deliver real value to clients.' Behavioural Finance, launched as a spin-out venture, is rapidly redefining the operational foundations of financial advisory firms. Its flagship innovation, AutoSL, automates the generation of regulated suitability reports – cutting the process from hours to just minutes. The platform is now part of an end-to-end system that includes digital onboarding, data extraction, and real-time CRM reporting. In under 12 months, the firm's technology has supported more than £700 million in financial flows and is forecast to power close to £3 billion in 2025. The platform has already gained attention from FTSE 100 firms and has been showcased at multiple high-profile industry events. Advertisement Hide Ad Advertisement Hide Ad Alison added: 'At Behavioural Finance, we're building tools that allow advisers to focus on what really matters – their clients. 'It's about removing the friction from compliance and giving professionals the freedom to work smarter, not harder.' The firm has been working through a major recruitment drive, aiming to add up to 50 new roles, with a strong emphasis on sourcing local Edinburgh talent and fostering a vibrant office-first culture. The IoD Scotland Awards celebrate exemplary leadership across all sectors of the Scottish economy. Winners will be announced at a ceremony later this year. For more information about Tweed Wealth Management and its services, please visit or contact the team on 0131 510 8610.
Edinburgh Reporter
29-04-2025
- Business
- Edinburgh Reporter
Wealth management firm launches sports division
A leading wealth advisory firm, based in Scotland, has announced a new sports division to assisting athletes. Tweed Wealth Management's sports division will now serve the unique financial needs of sportspeople, providing tailored financial advice and services to athletes at all stages of their careers. The division will be jointly led by Jason Baggott, a former professional rugby player now Chartered Financial Planner, and Ross Penman, a veteran financial planner with more than 21 years of experience in the industry. Jason, who played professionally for seven years, including stints with the Southern Kings in South Africa and Edinburgh Rugby, brings a unique perspective to the role. He said: 'As a former athlete, I understand the financial challenges and opportunities that come with a career in sports. Our goal is to help athletes make informed financial decisions that will secure their future both during and after their playing career.' 'We are building a strong client base both locally and internationally, spanning various sports including rugby, football, and boxing. Our goal is to support clients throughout their entire journey – from signing their first contract, throughout their careers and as they transition outside of the world of sports.' 'For many sportspeople, financial planning can seem a bit overwhelming, and we want to simplify the process so that they can focus on what they do well – excel in their sporting field.' Ross Penman, who joined Tweed Wealth Management in 2024, specialises in advising sports and media professionals, as well as clients dealing with personal injury and clinical negligence cases. His expertise complements Baggett's firsthand experience in professional sports. Ross said: 'We understand the unique pressures athletes face, from injury risks to early peak earnings. Our team, which includes many former athletes, is dedicated to helping sports professionals build solid financial strategies, avoid costly errors, and secure their financial futures.' Tweed's sports division provides a comprehensive suite of services designed to meet the unique financial needs of athletes. This includes protection planning, investment and retirement planning, tax and mortgage planning as well as cash flow management. Developed as a one-stop solution for athletes, the team will also connect clients with a trusted network of legal and accounting partners, ensuring that every aspect of their financial situation is expertly managed. The sports division comprises of qualified and Chartered Financial Planners, and Fellows of the Personal Finance Society, ensuring the highest standards of professionalism and ethical practice. The firm has also recently been crowned the Best Financial Advice Firm in Scotland and Northern Ireland and Best Financial Advice Firm to work for in the UK 2024 at the Professional Adviser awards. or contact the team on 0131 510 8610 Like this: Like Related
The Herald Scotland
26-04-2025
- Business
- The Herald Scotland
Edinburgh firm Tweed launches new division for athletes
It will be led jointly by Jason Baggott, a rugby union player turned chartered financial planner, and Ross Penman, a financial planner with more than 21 years of experience. Mr Baggott played professional rugby for seven years, with his career featuring spells with the Southern Kings in his native South Africa and Edinburgh Rugby. He said: 'As a former athlete, I understand the financial challenges and opportunities that come with a career in sports. Our goal is to help athletes make informed financial decisions that will secure their future both during and after their playing career. 'We are building a strong client base both locally and internationally, spanning various sports including rugby, football, and boxing. Our goal is to support clients throughout their entire journey – from signing their first contract, throughout their careers and as they transition outside of the world of sports.' Read more: 'For many sports people, financial planning can seem a bit overwhelming, and we want to simplify the process so that they can focus on what they do well – excel in their sporting field.' Mr Penman, who joined Tweed Wealth Management in 2024, specialises in advising sports and media professionals, as well as clients who are facing personal injury and clinical negligence cases. His expertise complements Mr Baggott's direct experience in professional sport. Mr Penman said: 'We understand the unique pressures athletes face, from injury risks to early peak earnings. Our team, which includes many former athletes, is dedicated to helping sports professionals build solid financial strategies, avoid costly errors, and secure their financial futures.' Tweed Wealth Management, which provides financial advice to more than 3,000 clients across Scotland and London, oversees more than £550 million of assets under management. It has made a series of acquisitions since it was established by Chris Tweed and wife Ali in 2014. The firm expanded its presence in the west of Scotland last year with a deal to take over Glasgow-based Capital Wealth Consultants, which saw Mr Penman come into the fold and expanded the Tweed team to nearly 30 people across four locations. Mr Tweed and Mr Penman became close friends after meeting while working for a Glasgow-based firm in 2007, and at the time the deal was announced Tweed said it would boost its offering in key sectors such as professional sports. Mr Tweed, who was best man at Mr Penman's wedding in 2011, said at the time: 'This acquisition represents a major step in our mission to expand our footprint and, with the addition of Ross' extensive sector experience, will further enhance our already thriving speciality of providing bespoke relationship-led advice to sports professionals UK wide. 'Capital Wealth Consultants' strong reputation in the private client space will complement our existing extensive footprint within international rugby. CWC's location in Glasgow also paves the way for further planned expansion into Glasgow and the west of Scotland.' The CWC takeover was the latest in a series of acquisitions to be made since its inception just over a decade ago. It previously took over the wealth management arm of law firm Macleod & MacCallum in Inverness, and built its presence further in the Highlands with a deal for John Home Wealth Management in Inverness. Tweed has also strengthened its position of Edinburgh with the acquisitions of Melville Wealth Management, Stevenson-Hamilton Wealth Management and Jamieson Wealth Management. Mr Tweed said: 'We are committed to positioning Tweed Wealth Management as a truly national brand, providing unrivalled service and expertise for all our clients.'
