Founded in 1881, the firm ranks within the top 10 accountancy firms in the UK and has become increasingly involved in providing advice to bridging lenders.
Benson Hersch, chief executive of the ASTL, said: “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.”
Nick Myers, an insolvency practitioner at Smith & Williamson, said the decision to become an ASTL member was a logical step for the firm. “…we believed we can provide valuable insight, experience and expert services across multiple disciplines for the benefit of existing members,” added Myers.