Rathbone acquires wealth management firm

FTSE 250 firm Rathbone Brothers has announced that its wholly owned subsidiary, Rathbone Investment Management, has completed the acquisition of the wealth management firm R.M. Walkden & Co.

FTSE 250 firm Rathbone Brothers has announced that its wholly owned subsidiary, Rathbone Investment Management, has completed the acquisition of the wealth management firm R.M. Walkden & Co.

The company was purchased for £948,494 - no further information was given regarding the acquisition.

Rathbone currently has around £15.8bn of funds under management.

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