Rathbone Brothers
Encyclopedia
Rathbone Brothers Plc is one of the UK's
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...

 largest and longest-established provider of high-quality, personalised investment management
Investment management
Investment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...

 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
William Rathbone II
William Rathbone II was the founder of Rathbone Brothers, one of the United Kingdom's largest firms of wealth managers.-Career:...

 in 1742 as a Liverpool
Liverpool
Liverpool is a city and metropolitan borough of Merseyside, England, along the eastern side of the Mersey Estuary. It was founded as a borough in 1207 and was granted city status in 1880...

-based timber
Timber
Timber may refer to:* Timber, a term common in the United Kingdom and Australia for wood materials * Timber, Oregon, an unincorporated community in the U.S...

 trading business. In the 19th century it became a leading trader in cotton from the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 and in 1841 it became the Liverpool
Liverpool
Liverpool is a city and metropolitan borough of Merseyside, England, along the eastern side of the Mersey Estuary. It was founded as a borough in 1207 and was granted city status in 1880...

 agent for the East India Company. In 1912 it abandoned its trading operations and focused on financial management, initially for the Rathbone family
Rathbone family
The Rathbone family of Liverpool, England, were a family of non-conformist merchants and shipowners, whose sense of high social consciousness led to a fine tradition of philanthropy and public service....

, but subsequently for the general public. In 1988 it merged with Comprehensive Financial Services Ltd to form Rathbone Brothers plc and thereby secured a listing on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

.

Operations

The Group is organised as follows:
  • Investment management
  • Tax and trusts
  • Unit trusts


At 30 September 2011 the Company had funds under management of £15.1 billion.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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