Rathbones

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Rathbones Group Plc
Company type Public
Industry Finance
Founded1742;284 years ago (1742)
Headquarters London, UK
Key people
Clive Bannister, Chairman
Jonathan Sorrell, CEO
Jennifer Mathias, FD
RevenueIncrease2.svg £800.8 million (2024) [1]
Increase2.svg £99.6 million (2024) [1]
Increase2.svg £65.5 million (2024) [1]
AUM £109.2 billion (2024) [1]
Website www.rathbones.com

Rathbones Group 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. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Contents

History

18th century

The business was founded by William Rathbone II by 1742 as a Liverpool-based timber trading business. [2]

19th century

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]

20th century

In 1912 it abandoned its trading operations and focused on financial management. [2]

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]

21st century

Rathbones acquired the wealth management business of Saunderson House for approximately £150 million in October 2021. [4]

It changed its name from Rathbone Brothers to Rathbones Group on 1 December 2021. [5]

In April 2023, Rathbones agreed to buy Investec's wealth and investment businesses in the UK and Channel Islands for £839 million. The deal excludes Investec Bank (Switzerland) and Investec International wealth business. [6] Investec had previously sold their Irish wealth management business to Brewin Dolphin in 2019. [7]

In November 2025, Rathbones announced it was establishing an Irish office based in Dublin partially to assist in servicing EU clients. [8]

Operations

The company provides investment management, financial planning, tax and trust services. [9] It has 14 offices located all over the UK, Jersey and Ireland. [10]

The current CEO is Jonathan Sorrell, who was appointed in March 2025 and joined the company on 1 July 2025. [11]

The previous CEO was Paul Stockton, who was appointed to the position in May 2019 and retired in March 2025. [12] [13] [14] He had previously worked at the company from 2008, as group financial and managing director. [13]

Responsible business

Previous logo Rathbone logo.svg
Previous logo

The Rathbones Group Foundation is the charitable arm of the group, supporting charities that pay particular attention to at risk and vulnerable youths. [15]

References

  1. 1 2 3 4 "Preliminary Results 2024" (PDF). Rathbones Group Plc. Retrieved 26 February 2025.
  2. 1 2 3 4 University of Liverpool: Collections Archived 2011-07-27 at the Wayback Machine
  3. ↑ "Rathbones: Share History".
  4. ↑ Jones, Dan. "Rathbones to buy Saunderson House in £150m deal". www.ftadviser.com. Retrieved 11 February 2026.
  5. ↑ "Change of name for Rathbone Brothers". Financial Planning Today. 1 December 2021. Retrieved 17 February 2022.
  6. ↑ "Rathbones agrees wealth deal with Investec to create £100bn business". Financial Times. 4 April 2023. Retrieved 19 April 2023.
  7. ↑ Gleeson, Colin. "Brewin Dolphin completes €44m deal for Investec arm". The Irish Times. Retrieved 11 February 2026.
  8. ↑ "London-listed wealth manager Rathbones to enter Irish market" . Retrieved 11 February 2026.
  9. ↑ "About us". Rathbones. 27 May 2015. Retrieved 23 April 2017.
  10. ↑ "Our offices". Rathbones. 2 June 2015. Retrieved 3 October 2022.
  11. ↑ McGachey, Kristen. "Who is Rathbones' next chief executive Jonathan Sorrell?". www.fnlondon.com. Retrieved 1 June 2025.
  12. ↑ "Paul Robert Stockton, Rathbone Group PLC: Profile and Biography". Bloomberg.com. Retrieved 27 August 2020.
  13. 1 2 "Our people". Rathbones. 5 August 2015. Retrieved 27 August 2020.
  14. ↑ "Rathbones Group Plc announces the retirement of Group Chief Executive | Rathbones". www.rathbones.com. Retrieved 4 September 2025.
  15. ↑ "Community". Rathbones. 3 October 2022. Retrieved 3 October 2022.

Further reading

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