Welcome to our new website! Let us know what you think..

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
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.
Your Business: Cover Star Club

Profile: Quilter Cheviot boss Baines sees more consolidation ahead

Profile: Quilter Cheviot boss Baines sees more consolidation ahead

Nineteen months on from the merger of Quilter Cheviot chief executive Martin Baines says the deal is now paying dividends.

Wealth Manager on Twitter