Arbuthnot Latham & Co is a British private bank based in the City of London. Part of the Arbuthnot Banking Group, it provides private banking, wealth planning and investment management services to commercial customers and high net worth individuals.
Arbuthnot Latham & Co was founded in 1833 and at that time was a trading company importing produce from India, later expanding into lending and finance. The bank was made a British ‘accepting house’ in 1914, allowing it to accept and guarantee bills of exchange and facilitate lending. Being named an accepting house is considered an endorsement from the Bank of England.
Originally a small family-owned bank, the Arbuthnot family sold the company in 1981 – this led to a period of turbulence that lasted until Sir Henry Angest took the helm. He revived the Arbuthnot name and refocused the business on private banking services.
Arbuthnot Latham & Co Products and Services
As Arbuthnot Latham & Co is a private bank, it deals exclusively with high net worth clients. These clients can access services including:
For everyday banking current, notice and fixed-term accounts are all available, as well as loan and foreign exchange facilities.
Both personal and commercial banking clients are assigned a personal private banker who does business on their behalf.
The Wealth Planning division is staffed by Chartered Wealth Planners and works to create bespoke strategies that help customers grow their business, plan their retirement, manage their assets or plan for succession.
Arbuthnot Latham & Co also provides treasury services, giving customers direct contact with dealers via their private banker. Available services include foreign exchange and money markets.
When it comes to investment management, customers can choose from tailored solutions that take into consideration their attitude to risk, short and long-term goals and available opportunities. Investment portfolios are managed by personal investment managers.
Security at Arbuthnot Latham & Co
Arbuthnot Latham & Co is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority. The bank also has extensive security information available online. This information focuses on how customers can keep their information safe when using online banking facilities.