Rathbones Group PLC is a prominent UK wealth and investment management firm that traces its historical roots to 1742. The company operates through two primary segments: Wealth Management and Asset Management. The Wealth Management segment accounts for the vast majority of its funds under management and administration (FUMA)—managing over £105 billion of the group's £115 billion total as of early 2026. This segment provides discretionary investment management, financial planning, tax and trust advisory, and banking services (including currency, payment services, and loans) to private clients, charities, and intermediaries. The Asset Management segment manages approximately £15 billion in gross FUM, offering a range of actively managed specialist and multi-asset unit trusts designed to meet core investment needs.
Rathbones generates revenue primarily through recurring fee income based on the value of client assets under management, alongside net interest income from its banking operations and fees from financial planning and advisory services. The company significantly expanded its scale and market position following the 2023 acquisition and integration of Investec Wealth & Investment UK. Operating predominantly in the United Kingdom and the Channel Islands, Rathbones competes with other major UK wealth managers, private banks, and financial advisory firms by leveraging its extensive heritage, personalized client service model, and comprehensive suite of holistic financial solutions.
