Rathbone Brothers
Type | Public |
---|---|
Traded as | LSE: RAT |
Industry | Finance |
Founded | 1742 |
Headquarters | London, UK |
Key people |
Mark Nicholls, Chairman Andy Pomfret, CEO Paul Stockton, FD |
Revenue | £155.6 million (2012)[1] |
Operating income | £38.8 million (2012)[1] |
Net income | £29.2 million (2012)[1] |
Website | www.rathbones.com |
Rathbone Brothers Plc is one of the UK's largest and longest-established 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.
History
The business was founded by William Rathbone II in 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 is organised as follows:
- Investment management
- Tax and trusts
- Unit trusts
At 31 December 2013 the Company had funds under management of £22.0 billion.[1]
Rathbone Society
The Rathbone Society was founded by the Rathbone family.