Investments  

Rathbones pledges action on FSCS levy 'burden'

The company employs 30 financial advisers and expects to recruit more in 2020. However, it stated that having taken on extra staff with the acquisition of the Spiers and Jeffrey business, there would be job cuts in 2020. 

Mr Stockton said: “Rathbones has grown considerably in the past five years, nearly doubling its funds under management and administration during that time. Opportunities to build our market share remain. Delivering on our strategy will be our focus in the near term as we balance greater productivity with an ongoing desire to invest and grow.” 

david.thorpe@ft.com

What do you think about the issues raised by this story? Email us on fa.letters@ft.com to let us know.