Rathbones Group Plc is a UK provider of personalised

investment management Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be instit ...

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 by means that are within the law. A tax shelter is one type of tax avoidance, and tax havens are jurisdic ...

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

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pa ...

and is a constituent of the

FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...

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 ...

by 1742 as a

Liverpool Liverpool is a City status in the United Kingdom, city and metropolitan borough in Merseyside, England. With a population of in 2019, it is the List of English districts by population, 10th largest English district by population and its E ...

-based

timber Lumber is wood that has been processed into dimensional lumber, including Beam (structure), beams and plank (wood), planks or boards, a stage in the process of wood production. Lumber is mainly used for construction framing, as well as fini ...

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

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five ma ...

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 founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Sout ...

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

Rathbone family The Rathbone family of Liverpool, England, were a family of nonconformist merchants and ship-owners who were known to engage in philanthropy and public service. The family origins trace back to Gawsworth, near Macclesfield, where the first Wil ...

, 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.

Operations

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

Jersey Jersey ( , ; nrf, Jèrri, label=Jèrriais ), officially the Bailiwick of Jersey (french: Bailliage de Jersey, links=no; Jèrriais: ), is an island country and self-governing Crown Dependencies, Crown Dependency near the coast of north-west F ...

. The current

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...

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

History

Operations

Responsible business

References

Further reading

External links