Rathbones in talks with Smith & Williamson over £2bn merger

Consolidation in the wealth sector

clock
Rathbones eyes merger with Smith & Williamson
Image:

Rathbones eyes merger with Smith & Williamson

Wealth manager Rathbone Brothers is in exclusive talks with Smith & Williamson (S&W) over a possible all-share merger, which would create a financial services group with around £56bn in AUM and advice.

Sky News first reported on Saturday that Rathbones was close to agreeing a deal with Smith & Williamson, as consolidation continues apace in the UK wealth management sector. Rathbone Brothers later...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Wealth managers

The Financial Conduct Authority's headquarters

FCA says Investment Firm Prudential Regime will require individual disclosure

Comes into effect 1 January 2022

clock 26 November 2021 • 1 min read
European Commission publishes recommendations for updated AIFMD and ELTIF regulation

European Commission seeks greater retail participation in update to ELTIF regulation

AIFMD proposals would alter UCITS directive

clock 25 November 2021 • 3 min read
Richard Potter of Quilter Investors

While skin in the game is important, we need beefed-up independent oversight

More emphasis needed on best practice

Richard Potter
clock 25 November 2021 • 4 min read