Adam and Company
Encyclopedia
Adam and Company Plc is a private banking house
based in the United Kingdom
, part of the Royal Bank of Scotland Group. It offers a range of private banking services including investment management and advisory services to customers in the UK and overseas.
The Bank was founded in 1983, opening its first branch in Charlotte Square
, Edinburgh
, Scotland
on 29 May 1984. In 1986, Adam and Company acquired London-based Continental Trust (London) Limited; and later established an international arm in Guernsey
. Branches in Glasgow
, Manchester
and Aberdeen
were also opened between 1987 and 2005.
In 1993, Adam and Company was acquired by the Royal Bank of Scotland. After the Royal Bank of Scotland acquired the NatWest Bank in 2000, restructuring of the group saw Adam and Company placed in the Bank's Wealth Management Services Division, alongside rival Coutts and Company, the largest private bank in the UK.
In 2002, Adam and Company acquired Stewart Ivory Wealth Management.
Edinburgh is often referred as the birthplace of Scottish Enlightenment
, and one of the leading lights of that era, Adam Smith, published ‘An inquiry into the Nature and Causes of the Wealth of Nations’ in 1776 which revolutionised economic theory. Adam & Company was named after this leading figure of the time.
The Bank's headquarters are in Edinburgh and they have offices across mainland UK and the Channel Islands that serve UK and International clients.
Private bank
Private banks are banks that are not incorporated. A private bank is owned by either an individual or a general partner with limited partner...
based in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
, part of the Royal Bank of Scotland Group. It offers a range of private banking services including investment management and advisory services to customers in the UK and overseas.
The Bank was founded in 1983, opening its first branch in Charlotte Square
Charlotte Square
Charlotte Square is a city square in Edinburgh, Scotland, part of the New Town, designated a UNESCO World Heritage Site. The square is located at the west end of George Street, intended to mirror St. Andrew Square in the east.-History:Initially named St...
, Edinburgh
Edinburgh
Edinburgh is the capital city of Scotland, the second largest city in Scotland, and the eighth most populous in the United Kingdom. The City of Edinburgh Council governs one of Scotland's 32 local government council areas. The council area includes urban Edinburgh and a rural area...
, Scotland
Scotland
Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...
on 29 May 1984. In 1986, Adam and Company acquired London-based Continental Trust (London) Limited; and later established an international arm in Guernsey
Guernsey
Guernsey, officially the Bailiwick of Guernsey is a British Crown dependency in the English Channel off the coast of Normandy.The Bailiwick, as a governing entity, embraces not only all 10 parishes on the Island of Guernsey, but also the islands of Herm, Jethou, Burhou, and Lihou and their islet...
. Branches in Glasgow
Glasgow
Glasgow is the largest city in Scotland and third most populous in the United Kingdom. The city is situated on the River Clyde in the country's west central lowlands...
, Manchester
Manchester
Manchester is a city and metropolitan borough in Greater Manchester, England. According to the Office for National Statistics, the 2010 mid-year population estimate for Manchester was 498,800. Manchester lies within one of the UK's largest metropolitan areas, the metropolitan county of Greater...
and Aberdeen
Aberdeen
Aberdeen is Scotland's third most populous city, one of Scotland's 32 local government council areas and the United Kingdom's 25th most populous city, with an official population estimate of ....
were also opened between 1987 and 2005.
In 1993, Adam and Company was acquired by the Royal Bank of Scotland. After the Royal Bank of Scotland acquired the NatWest Bank in 2000, restructuring of the group saw Adam and Company placed in the Bank's Wealth Management Services Division, alongside rival Coutts and Company, the largest private bank in the UK.
In 2002, Adam and Company acquired Stewart Ivory Wealth Management.
History
Adam & Company is one of Scotland’s leading private banks and was founded in Edinburgh in 1983 by a group of influential Scottish business people who were committed to the core values of a traditional Scottish banking service, one where the client and personal service is at the core of everything. A tradition that is still very much upheld in Adam & Company today.Edinburgh is often referred as the birthplace of Scottish Enlightenment
Scottish Enlightenment
The Scottish Enlightenment was the period in 18th century Scotland characterised by an outpouring of intellectual and scientific accomplishments. By 1750, Scots were among the most literate citizens of Europe, with an estimated 75% level of literacy...
, and one of the leading lights of that era, Adam Smith, published ‘An inquiry into the Nature and Causes of the Wealth of Nations’ in 1776 which revolutionised economic theory. Adam & Company was named after this leading figure of the time.
The Bank's headquarters are in Edinburgh and they have offices across mainland UK and the Channel Islands that serve UK and International clients.
Office Locations
Adam and Company has 6 offices in Edinburgh (HO), Glasgow, Aberdeen, Manchester and London plus the Adam International business in Guernsey. Detailed contact and direction information is available on the company website.See also
There are three other private banks within the Royal Bank of Scotland Group- Coutts & Co
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