Adam & Company

Adam & Company

Founded in 1983, Adam and Company is a division of the Royal Bank of Scotland (RBS), catering for private banking customers with services including investment management and financial planning. The bank is based in Edinburgh and is named for Adam Smith, a prominent Scottish economist during the Enlightenment era.

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100%
Review Score
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83%
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Overview

First Glance

Founded in 1983, Adam and Company is a division of the Royal Bank of Scotland (RBS), catering for private banking customers with services including investment management and financial planning. The bank is based in Edinburgh and is named for Adam Smith, a prominent Scottish economist during the Enlightenment era.

Features

Contact Info

Address
25 St Andrew Square, Edinburgh EH2, UK
Phone
0131 225 8484

About Adam & Company

Founded in 1983, Adam and Company is a division of the Royal Bank of Scotland (RBS), catering for private banking customers with services including investment management and financial planning. The bank is based in Edinburgh and is named for Adam Smith, a prominent Scottish economist during the Enlightenment era.

Adam and Company was acquired by RBS in 1993 and added to their Wealth Management Services portfolio. RBS has a total of four private banking brands; the others being Coutts & Co, Child & Co, and Drummond Bank. Adam and Company was made a subsidiary of Coutts, the largest private bank in the UK, in 2014 and consolidated into RBS’ Commercial and Private Banking arm.

It was announced in 2018 that, in order to comply with new regulations that require retail banking and investment banking operations to be ring-fenced away from each other, all personal private, business and commercial customers of RBS will be transferred to Adam and Company, which will then be renamed The Royal Bank of Scotland PLC after the transfer has been completed.

Adam & Company Products and Services

Private banking clients with deposits of over £500,000 have access to their own private banker and Adam and Company financial planner. This service is designed to provide services bespoke to the individual circumstances of high net worth individuals. Private clients can also access Adam 24, a 24-hour a day, 365 days a year telephone banking service.

Online, Adam Online allows customers to make transfers and payments, manage their income and outgoings and receive digital statements. This service is available to clients over 18 years of age.

Financial planning services include:

  • Investments for family groups, trusts, charities and institutions
  • Estate planning
  • Retirement planning, understanding how changing legislation can impact retirement plans
  • Protection of assets in the event of being unable to work or other complications

The bank also offers highly specialist services including family business and wealth succession planning, foreign exchange services and philanthropy and social investment.

Adam also offers clients an extensive range of investment management services, including an AIM-listed portfolio service, managed ISAs, charity services, unit trusts and OEICS.

Adam & Company Security

Adam and Company has a dedicated fraud team available to their clients at all times. The contact number can be found on their website. Clients worried about fraud can also contact their personal financial adviser.

Adam & Company also recommends that their clients use a security software named Rapport, which is designed to conceal online banking and identity details from potential hackers, even if the computer itself has been infected with malware.

Adam & Company

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Adam & Company Reviews

Gladys
September 4, 2018

“A very good private bank - more than sufficient for our needs”

A very good private bank – more than sufficient for our needs.

One person found this helpful

Adam & Company Articles