Rathbones buys financial planning firm Saunderson House for £150m

£4.7bn FUM

Tom Ellis
clock • 2 min read
Rathbones boss Paul Stockton.

Rathbones boss Paul Stockton.

Investment firm and wealth manager Rathbones has bought South East financial planning firm Saunderson House in a £150m deal.

Buying 100% of the company's shares, Rathbones is to pay £130.2m in cash and £4.9m in new shares for the initial fee and £14.9m will be deferred. It is buying the financial planning firm from private equity...

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


More on Wealth Management

AJ Bell annual profits up 13% to £55m

AJ Bell annual profits up 13% to £55m

Annual results for year ended 30 September

Jenna Brown
clock 02 December 2021 • 3 min read
All the latest news, analysis and content about the Covid-19 outbreak

Coronavirus Blog: UK buys 114 million more vaccine doses to tackle Omicron variant

Latest news and reaction

Investment Week
clock 02 December 2021 • 1 min read
Diversity Blog: How is asset management tackling equality?

Diversity Blog: Goldman Sachs AM updates proxy voting policies to increase diversity

Round-up of diversity coverage

Investment Week
clock 02 December 2021 • 1 min read