Rathbone Brothers

Rathbone Brothers 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. Rathbone Brothers Plc is an independent FTSE 250 company.

Rathbone Brothers Plc
TypePublic
LSE: RAT
IndustryFinance
Founded1742 (1742)
HeadquartersLondon, UK
Key people
Mark Nicholls, Chairman
Paul Stockton, CEO
Jennifer Mathias, FD
Revenue£329.0 million (2019)[1]
£39.7 million (2019)[1]
£26.9 million (2019)[1]
Websitewww.rathbones.com

History
8 Finsbury Circus, London (building on the right), Head office of Rathbone

The business was founded by William Rathbone II by 1742 as a Liverpool-based timber trading business.[2] 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.[2] In 1912 it abandoned its trading operations and focused on financial management,[2] 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[2] and thereby secured a listing on the London Stock Exchange.[3]

Operations

The group provides investment management, financial planning, tax and trust services.[4] By July 2020, the company had funds under management of £49.4 billion.[1][5]

The company has 15 offices located all over the UK and Jersey.[6]

The current CEO is Paul Stockton, who was appointed to the position in May 2019.[7][8] He had previously worked at the company from 2008, as group financial and managing director.[8]

Rathbone Society

The Rathbone Society was founded by the Rathbone family.[9]

Corporate Social Responsibility

The Rathbone Brothers Foundation is the charitable arm of the group, supporting charities that pay particular attention to at risk and vulnerable youths.[10]

References
  1. "Preliminary Results 2019" (PDF). Rathbone Brothers. Retrieved 3 March 2020.
  2. University of Liverpool: Collections Archived 2011-07-27 at the Wayback Machine
  3. Rathbones: Share History
  4. "About us". Rathbones. Retrieved 23 April 2017.
  5. "Rathbone Brothers maintains dividend after 'resilient' first half". BOLSAMANIA. Retrieved 2020-08-27.
  6. "Our offices". Rathbones. 2015-06-02. Retrieved 2020-09-08.
  7. "Paul Robert Stockton, Rathbone Brothers PLC: Profile and Biography". Bloomberg.com. Retrieved 2020-08-27.
  8. "Our people". Rathbones. 2015-08-05. Retrieved 2020-08-27.
  9. "Education and learning contacts for disabled people". Direct.gov. Archived from the original on 27 July 2008. Retrieved 23 April 2017.CS1 maint: bot: original URL status unknown (link)
  10. "Community". Rathbones. 2015-06-11. Retrieved 2020-09-08.

Further reading
  • David Lascelles (2008) The Story of Rathbones since 1742. London: James & James (Publishers) Ltd
  • Lucy Nottingham (1992) Rathbone Brothers From Merchant to Banker 1742-1992, Rathbone Brothers plc.
  • Sheila Marriner (1961) Rathbones of Liverpool 1845-73 Liverpool University Press
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