Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Rathbones opens Newcastle office with former UBS team

Rathbones opens Newcastle office with former UBS team

Rathbone Investment Management has expanded into the north east with the opening of a Newcastle office.

As revealed by Wealth Manager, Rathbones poached a team of four investment managers from UBS last autumn.

Branch manager Nick Swales, director James Garbutt and client adviser James Kyle left UBS to help Rathbones set up its inaugural north east office.

The four are joined by Neil Minto, who worked as an investment assistant at UBS in Newcastle and Christoph Atkins, who previously worked at another Rathbones branch. The team will also have capacity for financial planning, as they are joined by IFA Kirstie McKeown from Lloyds TSB.

The news comes as Rathbones prepares to open an office in Lymington, also revealed by Wealth Manager.

In what has been a busy period for the private client stockbroker, it also recently bought up a significant stake in south-westerly IFA Vision Independent Financial Planning. Investment management head Paul Chavasse explained the move was part of  Rathbones is planning to broaden its reach across the country.

Andrew Morris, Rathbones’ regional director for the north of England said the area was ‘incredibly important’ to the firm’s strategy but that it was essential to have a team on the ground in the area.

‘This new office demonstrates our commitment to delivering investment expertise supported by the highest levels of personalised client service,’ he said.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play HSBC's Stephen King warns of 'enormous' Brexit deficit danger

HSBC's Stephen King warns of 'enormous' Brexit deficit danger

Brexit will weaken the economy, fail to boost exports and lessen the country's ability to fund its 'enormous' deficit, according to HSBC's senior economic adviser Stephen King.

Play Premier's Smith: electricity and water can be a good mix

Premier's Smith: electricity and water can be a good mix

Exposing your person to electricity and water simultaneously is ill-advised, but what about your portfolio?

Play Citywire 10k: video highlights

Citywire 10k: video highlights

Citywire held its sixth annual charity run last week, which hosted over 200 people and raised £14,000. Here are the video highlights.

Your Business: Cover Star Club

Profile: gearing up for the shift from consolidation to start-ups

Profile: gearing up for the shift from consolidation to start-ups

‘I think the industry is evolving rapidly, but not necessarily as a whole,’ says the head of recently launched Charles Nicholson AM

Wealth Manager on Twitter