Rathbones

Rathbones Bank Look Forward
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Last updated: September, 2020

About Rathbones

Rathbones was founded in Liverpool in 1742. Even before then, in the 1720s, what would eventually become Rathbones was a timber merchant business owned by the Rathbone family. Over the years the company diversified into shipping and then into overseas trade, before eventually settling in money management.

Although the bank’s head office is now in London, Rathbones remains present in Liverpool; maintaining an operations centre in the Port of Liverpool building, one of the city’s ‘Three Graces’.

Rathbones also has an ethical investment arm, named Rathbone Greenbank, which is named for the historical Rathbone family home.

As well as Liverpool and London, Rathbones has offices in Aberdeen, Bristol, Birmingham, Cambridge, Edinburgh, Chichester, Exeter, Jersey, Glasgow, Kendal, Newcastle, Lymington and Winchester.

Now, Rathbones has almost £50 billion under its care and is one of the UK’s foremost investment management companies.

Rathbones Products and Services

Rathbones offer a service known as discretionary investment management, wherein an investment manager is appointed to take care of all a customer’s investments. This manager chooses when and where to invest the customer’s money and manages it day-to-day. Customers who choose this option can speak to their investment manager about their portfolio at any time.

Customers can also choose to only invest their money in ethical causes. This is done through the in-house Rathbone Greenbank team.

Rathbones also manages the wealth of high net worth individuals and families, including investment management, philanthropy, financial planning, lending, tax and other advisory services.

As well as being an investment management firm, Rathbones also provides banking services to clients, including payment services, fixed-term deposits and loans. Loans are secured against a customer’s investment portfolio and are arranged through their dedicated investment manager.

Rathbones’ team of in-house financial planners works to help customers make clear plans for their financial future and plan for things such as succession and retirement, plus any future tax liabilities that may arise. The bank also provides trusts aimed at helping with philanthropy, inheritance and tax.

Security at Rathbones Bank

Investments made with Rathbones are covered by the Financial Services Compensation Scheme (FSCS) up to the value of £85,000. The company is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority. It is also monitored by the Financial Ombudsman.

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