Rathbones to launch private office for HNW clients

Rathbones is planning to expand its range of services for high net worth clients with the launch of a private office.

The firm, which published its full-year results this morning, said it plans to create a private office by the end of 2015, targeting clients at the higher end of the wealth spectrum. The move will supplement its target of achieving a net organic growth rate of 5% across its private client and charity businesses. Chief executive Philip Howell added the group will "launch a new Rathbones brand in 2015 that reflects the progressive company that Rathbones has become". A spokesperson for the group confirmed this will involve an update to Rathbones' "visual identity" rather than a change...