Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Rathbones buys London-based wealth manager

5 Comments
Rathbones buys London-based wealth manager

Rathbone Brothers' subsidiary, Rathbone Investment Management, has completed the acquisition of London-based wealth manager RM Walkden & Co.

RM Walkden, which is based at Charterhouse Square, has gross assets totalling £948,494.

Rathbone IM, which is led by Andy Pomfret (pictured), recently raided rivals Brewin Dolphin, Newton Investment Management and Turcan Connell to hire a four-strong team.

Full-year numbers from the firm, published at the end of February, showed a 30% jump in pre-tax profit with funds under management  rising from £15.6 billion to £15.85 billion.

The group has recently relocated its London headquarters to 1 Curzon Street. 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Gutteridge and Foster discuss UK commercial property with Jason Baggaley, manager of the Standard Life Property Income investment trust

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Gutteridge puts the heat on Odey's asset allocation maestro with a couple of tough questions.

Brewin's Foster & Gutteridge: searching for the yield of dreams

Brewin's Foster & Gutteridge: searching for the yield of dreams

Guy Foster and Ben Gutteridge discuss the latest upbeat US payroll report and how it has increased the probability of a first hike in interest rates in June.

Your Business: Cover Star Club

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Growing a business is the main aim of many company owners but managing that growth in a controlled way is just as important

Wealth Manager on Twitter