Edinburgh IFA Andrew Hannay retires after merging RobMac business to Thorntons Wealth

Edinburgh IFA Andrew Hannay retires after merging RobMac business to Thorntons Wealth

Andrew Hannay, a highly respected independent financial advisor in Edinburgh, has retired after more than three decades of service.

Throughout his career, Mr Hannay has guided countless individuals and businesses through their financial planning, often building lifelong relationships with clients who have become friends along the way. His approach to financial advice has always been deeply personal, focusing on the needs of each client rather than a one-size-fits-all solution.

Mr Hannay’s journey began at Strathclyde University, followed by an extended period of travelling, which he credits with shaping his ability to connect with people.



“I think visiting different countries and cultures when I was young helped me to better understand both myself and people in general,” he reflected. “I liked finding out about what made individuals tick, and that is something that still fascinates me today.”

After an early career in financial services in London, where he balanced work with playing rugby for London Scottish and honing his golf skills, Mr Hannay and his wife Joy decided to return to Scotland to raise their family. His professional journey took him through roles at Scottish Mutual, Prolific, and Scottish Provident before he found his true calling – offering direct, independent financial advice. In 1994, he joined Robson Macintosh (RobMac), a then-emerging firm founded by Alastair Robson, which went on to establish itself as a trusted name in the industry.

Under Mr Hannay’s leadership, RobMac built a reputation for providing sound, impartial advice. The firm was instrumental in championing transparency in financial services, particularly during the regulatory changes brought by the Retail Distribution Review in 2006.

Mr Hannay explained: “We recognised that the reputation of IFAs was being tarnished due to bad advice from larger institutions. We made sure that our clients were given truly independent advice that was right for them and not for us.”

Beyond his professional achievements, Mr Hannay has always been committed to supporting others. RobMac has been a long-time sponsor of Stewart’s Melville Rugby Club, and the firm has actively supported young talent, including aspiring golfers and junior curlers. Additionally, the company has provided valuable placements for young professionals entering the financial sector, many of whom have gone on to successful careers in the industry.

Looking to the future, Mr Hannay wanted to ensure the continued success of RobMac’s team and clients. This led to the firm’s merger with Thorntons Wealth, a company that shares its values and client-focused ethos. With the transition now complete, he feels confident stepping away.

He said: “I’m happy to leave now that the two businesses have integrated, and I look forward to following their success in the future. This is a great opportunity for everyone to develop within the new business, and I’m sure clients will benefit too.”

As for what’s next, Mr Hannay is looking forward to rediscovering his love of travel. He added: “It’s a big world, and there are still plenty of places to visit. And when I’m home, I’ll be watching rugby, playing golf, and enjoying more time with my family and grandchildren.”

Edinburgh IFA Andrew Hannay retires after merging RobMac business to Thorntons Wealth

Pictured (L-R): Lisa Doig, Jeff Lewis, Janis Reid, Arron Reiker, Stewart Taylor, Stewart Hagart, Chris Forde, Chris Hardie, and Paul Porteous

As part of the successful integration of the Rob Mac team has been a move of office premises joining the existing Thorntons Wealth team at their office on 13 Melville Street. This satellite office has additional support by their colleagues in the Dundee Head Office.

Welcoming the new team members at the Thorntons Wealth Edinburgh office are existing colleagues Chris Forde (head of financial planning) and Stewart Taylor.

Share icon
Share this article: