The new office will initially accommodate five investment managers: James Kyle, James Garbutt, Neil Minto and Christoph Atkins, led by Nick Swales as well as Kirstie McKeown, a chartered financial planner. At the outset, Rathbones will employ eight personnel in its new branch, bringing total employees across the UK to over 830.
Spread over 4,300 square feet, Rathbones’ new offices will be located at Earl Grey House, 75-85 Grey Street, NE1 6EF.
Andrew Morris, Rathbones’ regional director for the north of England said, "We consider the North East to be an incredibly important area of growth for our business, but in order to be successful, we need to offer clients a dedicated on-the-ground presence. This new office demonstrates our commitment to delivering investment expertise supported by the highest levels of personalised client service
"Our Newcastle office is the latest manifestation of the success of our business. We now have 12 offices across the UK, with a Lymington office opening in the next month, as we continue to grow both organically and through acquisition. We truly believe that our reputation is built upon the calibre of our people and we are pleased to welcome such an experienced team to grow the business in Newcastle and the wider region."
Nick Swales, Newcastle office manager, said: "Rathbones is a name synonymous with high quality, personalised client service. One of the many things I have been impressed by at Rathbones is the well researched, performance-driven investment process that will support but not control the decision making of the experienced investment managers in the Newcastle team. At Rathbones all clients have direct access to the person managing their money – this results in strong, long-term relationships and I believe provides greater peace of mind for clients."
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