Rathbones

Registered investment adviser · Liverpool · CRD #124925

Form ADV data as of 2026-09-01

Regulatory assets

$135.09 billion

Total accounts

219,634

Employees

1,715

Disclosure events

Firm details

Website: https://www.rathbones.com
Telephone: +44-151 236 6666
SEC file number: 801-64731
Most recent Form ADV filing: 2026-07-14
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 1 disclosure question answered Yes, covering 1 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Another regulator denied, suspended, or revoked a registration or restricted activity

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$118.86 billion
Non-discretionary regulatory assets under management	$16.23 billion
Total regulatory assets under management	$135.09 billion
Discretionary accounts	181,302
Non-discretionary accounts	38,332
Total accounts	219,634
Regulatory assets under management attributable to non-U.S. persons	$134.60 billion

People

Total employees (excluding clerical)	1,715
Employees performing investment advisory functions (including research)	725
Employees who are registered representatives of a broker-dealer	0
Employees registered as investment adviser representatives with a state	0
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	0
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	Yes
Has custody of client securities	Yes
Client funds and securities held in the firm's custody	$3.90 billion
Clients for whom the firm has custody	147,496
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	Yes
Client funds and securities held in a related person's custody	$47.49 billion
Clients for whom a related person has custody	145,949
The firm acts as a qualified custodian	Yes
A related person acts as a qualified custodian	Yes
Number of persons acting as qualified custodians for the firm's clients	4

How the firm is compensated

A percentage of assets under managementFixed fees (other than subscription fees)Commissions

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesPublication of periodicals or newslettersEducational seminars/workshops

Other business activities

Bank (including a separately identifiable department or division)Other financial product salesperson

Affiliated related persons

Other investment adviser (including financial planners)Trust companyLawyer or law firmSponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Executes agency cross transactions involving advisory client securities
Provides employee compensation specifically for obtaining clients
Receives compensation from others for client referrals

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	95,035	$29.11 billion
High net worth individuals	20,366	$56.86 billion
Banking or thrift institutions	18	$183.0 million
Pension and profit sharing plans (not the participants or government plans)	23,772	$22.32 billion
Charitable organizations	3,803	$12.86 billion
State or municipal government entities (including government pension plans)	Not reported	$5.4 million
Corporations or other businesses not listed above	2,089	$7.90 billion
Other	5,802	$5.85 billion