The next chapter
Combining a global outlook with a local presence.
Our future together begins here
As you will already be aware, we have combined with Investec Wealth & Investment (UK) and, during the past year, have been working behind the scenes to bring the two businesses together.
As we enter this new chapter, we have prepared a short guide to share our vision and ambition. Rest assured, we are more committed than ever to supporting your needs and delivering an exceptional service, strengthened by greater resources and wider expertise.
As we look forward, we are excited and optimistic about the opportunities that lie ahead. Our combination will unlock many benefits, both in terms of our ability to enhance the experience you can expect, and in the overall breadth of services we can offer to help you achieve your financial goals.
Making time for our clients
Our commitment to operating in small teams to support your needs will remain a priority, even as we grow in numbers. You will still have direct access to the team responsible for managing your money, whenever you need it. After all, this is a proud and fundamental part of our DNA.
Your current investment manager, and the wider team, will continue their commitment to delivering the personal service you expect, working closely with you to keep your financial plans on track. They will maintain the freedom to use their expertise, managing your portfolio in accordance with the risk parameters and objectives you have previously agreed. As always, they will be supported by the central investment process, in which many are personally involved.
Making it easier to meet in person
Today, our people-first approach is increasingly unusual in this, fast becoming faceless, industry. When it comes to being entrusted with managing your wealth, we think it is fundamental that you can talk to a real person, with the option to meet in person. Putting a face to the team managing your money.
We are firm believers that knowledge of the local or regional community is an asset that can help support your ambitions. By bringing our two firms together, we have an even greater local presence around the UK than we did before. One of these additional locations may be more convenient to you in the future for meeting your investment manager or financial planner.
Great people are key to supporting your needs
Combining our two teams brings together a pool of talent that blends expertise and experience to ensure you benefit from high-quality thinking, advice and support in managing your future.
Our enhanced scale, reputation and culture is already helping to make Rathbones a destination of choice for both young talent, seeking to build a career in our industry, as well as financial planners and investment managers from other leading firms who are drawn to our stability, independence and working culture.
Being a destination of choice empowers us to recruit high-quality talent and retain the great people who already work at Rathbones.
Our combination, alongside our socially inclusive initiatives, is also improving our overall diversity as a firm. New team members are bringing different views, skills, and backgrounds, enhancing our ability to innovate, develop our internal culture and appeal to a wide spectrum of clients.
A personal and in-person approach.
More value
Enhanced resources with better outcomes.
Making it easier to view and understand where you stand financially
The personal relationship we build with you will not change, but we will be dedicating greater resources to developing new and enhanced technology. This includes the MyRathbones App to help you stay connected with your money, wherever you are, day or night.
We are also investing in a range of cutting-edge software applications. Empowering you to get a holistic view of your finances with cash flow planning tools through to AI Data Cloud technology, which will crucially help us identify and support your needs in real time. These tools will enhance the personal service we provide, not replace it.
Greater influence
Moving forward with a combined £100bn+ (as at 1st November 2024) in client assets gives us significant buying power and investment market influence, which underpins our ability to benefit from economies of scale. This will help us to keep our pricing competitive.
Informed investment decisions
A key benefit of our combined scale is that it opens doors to CEOs and management teams to some of the world’s leading companies, such as Nestlé, Unilever, Honeywell, Mondelez and General Mills. This offers us greater insight into their operations and strategy, commitments around sustainability and revenue forecasts. This helps us make better informed investment decisions.
Stronger Investment Outcomes
Our expanded research budget and team resources will enable us to look further and wider than ever before for opportunities to support our client’s investment portfolios.
Our combined in-house research team is now one of the strongest in the UK wealth industry, in experience, size and capability. Diversity of thought is crucial for a research team’s performance. With new team members bringing different views, skills, and backgrounds, we can recommend more opportunities to your investment manager that deserve a place in your portfolio.
We have increased the number of in-house analysts who cover all the core investment sectors, from Aviation, Sports, and Luxury to Technology, Energy, Real Estate and more. This enhanced coverage across sectors provides us with deeper oversight into each area, further enhancing the quality of investment decisions we make on your behalf.
The larger team also enhances our ability to identify and react to market factors with greater rigour and speed, proactively managing potential risks or spotting opportunities that we can share with you.
Our investment managers will have access to new proprietary tools that will enable them to view and manage portfolio exposures to risk factors. These tools will enable our research team to gain even greater insight into market trends, stock and fund performance. This means that we will be able to increase diversification of your portfolio, beyond traditional asset allocation, to optimise portfolio performance – where applicable and in line with your agreed risk profile.
Breadth and depth
Stronger Investment Outcomes
Our expanded research budget and team resources will enable us to look further and wider than ever before for opportunities to support our client’s investment portfolios.
Our combined in-house research team is now one of the strongest in the UK wealth industry, in experience, size and capability. Diversity of thought is crucial for a research team’s performance. With new team members bringing different views, skills, and backgrounds, we can recommend more opportunities to your investment manager that deserve a place in your portfolio.
We have increased the number of in-house analysts who cover all the core investment sectors, from Aerospace and Luxury to Technology, Energy, Real Estate and more. This enhanced coverage across sectors provides us with deeper oversight into each area, further enhancing the quality of investment decisions we make on your behalf.
The larger team also enhances our ability to identify and react to market factors with greater rigour and speed, proactively managing potential risks or spotting opportunities that we can share with you.
Our investment managers will have access to new proprietary tools that will enable them to view and manage portfolio exposures to risk factors. These tools will enable our research team to gain even greater insight into market trends, stock and fund performance. This means that we will be able to increase diversification of your portfolio, beyond traditional asset allocation, to optimise portfolio performance – where applicable and in line with your agreed risk profile.
More value
With more services, comes more opportunity.
Making your money safer
When you trust us to invest your money and help you plan your financial future, you also expect us to keep your money safe from financial crime. Our increased scale unlocks the ability to invest significantly more in the latest technology to keep your money, and our business, more secure.
Increasing ways to manage your money
In addition to the extensive range of services we currently offer, bringing our two firms together will provide access to wider capabilities. Paving the way for future development of new and innovative products. These enhancements will give you even more opportunities to grow and protect your wealth, while helping you achieve your life goals. Today, we can already offer you the following new and enhanced opportunities:
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Broader Financial Planning Service
The expansion of our financial planning capabilities means we now offer more flexibility and choice in this service. This can make a material difference for you and your family, both today and for generations to come. You can now request a one-off piece of advice, or we can support your needs on an ongoing basis.
Helping you build a secure retirement through our self-invested personal pension (SIPP)
Through our combination, we now have access to our own SIPP, which is newly available for Rathbones clients.
We’ll ensure your pension scheme is managed effectively, by:
- Helping you reach your retirement goals by accepting single, ad hoc and/or regular contributions paid directly by you, your employer or a verified third party
- Reclaiming tax relief into your pension scheme, on your behalf, where applicable
- Enabling you to consolidate your existing pension arrangements under one roof if appropriate
- Providing you with information about the options available to you on retirement
- Giving you flexibility around how you access your pension.
Banking services for business owners
Our strategic partnership with Investec Bank gives you access to a wide range of competitive corporate banking services. Specialising in mid-sized businesses, private equity, and corporate clients, these services include growth and leveraged finance, corporate lending, asset finance, cash management, foreign exchange, treasury risk solutions, and advisory services such as mergers and acquisitions, initial public offerings and fundraising. Any lending is subject to status and eligibility criteria will apply.
Tailored private banking
Investec offers a wide range of personal banking services to high-net-worth individuals including bank and deposit accounts, mortgages, portfolio lending, savings accounts and offshore banking. Credit is subject to status and eligibility criteria (including minimum annual income of £300,000 and minimum net worth of £3m) will apply.
Common values, common approach
Free to serve your best interests
Unlike some rival wealth management firms that operate under the constraints of private equity or global bank ownership, we remain a UK listed public company.
This means our future remains in our own hands, so we can continue to serve your best interests without external pressures.
A common culture
A major reason why we decided to combine our businesses was the similarity between our respective firms. With common values, aspirations for our clients and similar operating models we recognised that culturally, it would be a very good fit.
International reach
Our enhanced scale will unlock the potential for us to expand our international footprint. Our partnership with Investec Bank will also provide opportunities for our international clients to benefit from Investec’s global footprint, that includes India, the UAE, South Africa, Switzerland and North America.
Our future
Invested in helping you achieve your goals.
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Our ambition
Your confidence in our abilities is not something we take for granted. Our ambition for Rathbones is to become the UK’s leading wealth manager.
That’s why we are committed to helping you achieve your individual financial goals, while making the whole experience a personal, secure and seamless one. We are here to listen, to understand your goals and aspirations, to align the services we provide to your individual needs and ensure you receive best-in-class guidance and support.
Let us take this opportunity to thank you for placing your trust in us. Should you have any additional questions, please do not hesitate to contact your investment manager or financial adviser. They will be more than happy to help.
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