Rathbones

{{Infobox company

| name = Rathbones Group Plc

| type = Public

| logo = Rathbones_New_Logo.svg

| image = 8 Finsbury Circus, EC2.jpg

| image_caption = 8 Finsbury Circus, London (building on the right), Head office of Rathbones Group

| traded_as = {{ubl|{{lse|RAT}}|FTSE 250 component}}

| foundation = {{start date and age|1742}}

| location = London, UK

| key_people = Clive Bannister, Chairman
Paul Stockton, CEO
Jennifer Mathias, FD

| industry = Finance

| products =

| revenue = {{increase}} £800.8 million (2024){{cite web|url=https://www.rathbones.com/sites/rathbones.com/files/results_and_presentations/files/rathbones_2024_preliminary_results_1.pdf|title=Preliminary Results 2024|publisher=Rathbones Group Plc|access-date=26 February 2025}}

| operating_income = {{increase}} £99.6 million (2024)

| net_income = {{increase}} £65.5 million (2024)

| aum = £109.2 billion (2024)

| num_employees =

| parent =

| subsid =

| homepage = [http://www.rathbones.com www.rathbones.com]

| slogan =

| footnotes =

}}

Rathbones Group Plc is a UK provider of personalised investment management and wealth management services for private investors and trustees. This includes discretionary investment management, unit trusts, tax planning, trust and company management, pension advice and banking services. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The business was founded by William Rathbone II by 1742 as a Liverpool-based timber trading business.[http://sca.lib.liv.ac.uk/collections/colldescs/rathbone/rathbus.htm University of Liverpool: Collections] {{webarchive|url=https://web.archive.org/web/20110727213018/http://sca.lib.liv.ac.uk/collections/colldescs/rathbone/rathbus.htm |date=2011-07-27 }} In the 19th century it became a leading trader in cotton from the United States and in 1841 it became the Liverpool agent for the East India Company. In 1912 it abandoned its trading operations and focused on financial management, initially for the Rathbone family, 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 London Stock Exchange.{{Cite web|url=http://production.investis.com/rat/investor/shareholder-info/share-history/|title=Rathbones: Share History}} It changed its name from Rathbone Brothers to Rathbones Group on 1 December 2021.{{cite news|url=https://www.financialplanningtoday.co.uk/news/item/13898-change-of-name-for-rathbone-brothers|title=Change of name for Rathbone Brothers|date=1 December 2021|newspaper=Financial Planning Today|access-date=17 February 2022}}

In April 2023, Rathbones agreed to buy Investec'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.{{Cite news |date=2023-04-04 |title=Rathbones agrees wealth deal with Investec to create £100bn business |work=Financial Times |url=https://www.ft.com/content/2bb02772-4f84-4fb9-8d68-f38b8c8b21b1 |access-date=2023-04-19}}

Operations

The company provides investment management, financial planning, tax and trust services.{{cite web|url=https://www.rathbones.com/about-us|title=About us|date=27 May 2015 |publisher=Rathbones|access-date=23 April 2017}} It has 14 offices located all over the UK and Jersey.{{Cite web |date=2015-06-02 |title=Our offices |url=https://www.rathbones.com/about-us/our-offices |access-date=2022-10-03 |website=Rathbones |language=en}}

The current CEO is Paul Stockton, who was appointed to the position in May 2019.{{Cite web|title=Paul Robert Stockton, Rathbone Group PLC: Profile and Biography|url=https://www.bloomberg.com/profile/person/15486271|access-date=2020-08-27|website=Bloomberg.com|language=en}}{{Cite web|date=2015-08-05|title=Our people|url=https://www.rathbones.com/about-us/our-people|access-date=2020-08-27|website=Rathbones|language=en}} He had previously worked at the company from 2008, as group financial and managing director.

Responsible business

File:Rathbone logo.svg

The Rathbones Group Foundation is the charitable arm of the group, supporting charities that pay particular attention to at risk and vulnerable youths.{{Cite web |date=2022-10-03 |title=Community |url=https://www.rathbones.com/about-us/responsible-business/society-and-communities |access-date=2022-10-03 |website=Rathbones |language=en}}