Rathbones Group Plc is a UK provider of personalised

investment management Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as r ...

and wealth management services for private investors and trustees. This includes discretionary investment management, unit trusts,

tax planning Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable. A tax shelter is one type of tax avoidance, and tax havens are jurisdictions that facilitate reduced taxe ...

, trust and company management, pension advice and banking services. The company is listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

and is a constituent of the

FTSE 250 Index The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock ...

History

The business was founded by

William Rathbone II William Rathbone II (22 May 1696 – 1746) was a member of the noted Rathbone family of Liverpool, England. William Rathbone was the son of a sawyer who lived in Gawsworth, Cheshire, and shared his name. Born on 22 May 1696, William Rathbone II to ...

by 1742 as a

Liverpool Liverpool is a port City status in the United Kingdom, city and metropolitan borough in Merseyside, England. It is situated on the eastern side of the River Mersey, Mersey Estuary, near the Irish Sea, north-west of London. With a population ...

-based

timber Lumber is wood that has been processed into uniform and useful sizes (dimensional lumber), including beams and planks or boards. Lumber is mainly used for construction framing, as well as finishing (floors, wall panels, window frames). ...

trading business.University of Liverpool: Collections
In the 19th century it became a leading trader in cotton from the United States and in 1841 it became the

agent for the

East India Company The East India Company (EIC) was an English, and later British, joint-stock company that was founded in 1600 and dissolved in 1874. It was formed to Indian Ocean trade, trade in the Indian Ocean region, initially with the East Indies (South A ...

. In 1912 it abandoned its trading operations and focused on financial management, initially for the

Rathbone family In England, the Rathbone family of Liverpool were Nonconformist (Protestantism), nonconformist merchants and ship-owners who were known to engage in philanthropy and public services, public service. The family origins trace back to Gawsworth, Gaw ...

, but subsequently for the general public. In 1988 it merged with Comprehensive Financial Services Ltd to form Rathbone Brothers plc and thereby secured a listing on the

. It changed its name from Rathbone Brothers to Rathbones Group on 1 December 2021. In April 2023, Rathbones agreed to buy

Investec Investec is an Anglo- South African international banking and wealth management group, founded in Johannesburg, South Africa. It provides a range of financial products and services to a client base in Europe, Southern Africa, and Asia-Pacific. ...

's wealth and investment businesses in the UK and Channel Islands for £839 million. The deal excludes Investec Bank (Switzerland) and Investec International wealth business.

Operations

The company provides investment management, financial planning, tax and trust services. It has 14 offices located all over the UK and

Jersey Jersey ( ; ), officially the Bailiwick of Jersey, is an autonomous and self-governing island territory of the British Islands. Although as a British Crown Dependency it is not a sovereign state, it has its own distinguishing civil and gov ...

. The current

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

is Paul Stockton, who was appointed to the position in May 2019. He had previously worked at the company from 2008, as group financial and managing director.

Responsible business

The Rathbones Group Foundation is the charitable arm of the group, supporting charities that pay particular attention to at risk and vulnerable youths.

References

External links

Official site
{{Authority control Companies based in Liverpool Investment management companies of the United Kingdom Financial services companies established in 1742 Companies listed on the London Stock Exchange Financial services companies based in the City of London Rathbone family British companies established in 1742 Companies in the FTSE 250 Index Asset management companies

History

Operations

Responsible business

References

Further reading

External links