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Coutts opens three offices in Scotland

Coutts opens three offices in Scotland

Coutts is launching its full range of services in Scotland, located across a network of offices in Edinburgh, Glasgow and Aberdeen. 

Coutts will be offering specialist advice at each stage of a clients’ wealth journey, from financial planning and investment advice to complex tax restructuring, alongside its other banking services. 

The launch will make it more convenient for Scottish clients to access Coutts' private banking offering, including its flexible lending, the firm said.

The move, which will be led by Alisdair Dewar, comes after RBS sold the Edinburgh-based Adam & Company investment management business to Canaccord Genuity Wealth Management, with banking and lending clients to be folded into Coutts in mid-2022. 

Peter Flavel, chief executive officer at Coutts, said: “We’ve had an excellent track-record with Adam & Company, and we are delighted that we are able to continue serving Scotland’s private banking market with a wider product and service offering.

“Scotland is an important part of the NatWest Group’s heritage and through our network of Scottish offices and experienced locally-based team, our commitment to our clients and colleagues remains unwavering."

He added: "A big focus going forward is to create value beyond products and services by helping clients achieve their goals without compromising their values."

Coutts said it is building on its Scottish roots which date back to 1692 and lie in three Scottish families: the Campbells, the Middletons, and the Coutts family who laid the foundations of the modern bank.  

sonia.rach@ft.com

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