Arbuthnot Latham

What Arbuthnot Latham does

Arbuthnot Latham is a UK private and commercial bank operating under the publicly registered Arbuthnot Banking Group PLC, headquartered in London and founded in 1833. The bank operates three integrated divisions: Commercial Banking (relationship-driven lending, asset-based lending via Arbuthnot Commercial Asset Based Lending, commercial deposits, treasury services, and access to government-backed schemes such as the Growth Guarantee Scheme); Private Banking (deposits, savings, borrowing including mortgages, and treasury solutions offered to clients with a minimum wealth threshold of £750,000); and Wealth Management (wealth planning, expert-led investment management, and intermediary services for independent financial advisers).

The business model is relationship-driven and subscription-like in nature, with revenue generated from net interest income on lending, deposit margins, wealth management fees on funds under management (which reached £2.7bn in 2025, up more than a fifth year-on-year), treasury/FX margins, and transaction-related fees on asset-based lending facilities. The go-to-market relies on dedicated commercial and private bankers with sector specialization, supported by industry partnerships and earned media. The bank differentiates itself through a lower minimum wealth entry point compared to larger rivals that require tens of millions, betting that personalized service can attract the underserved mass-affluent and emerging HNW segment alongside its traditional commercial clients.

Recent strategic activity includes a vertical push into horse racing via a Newbury Racecourse partnership and a dedicated head-of-racing appointment, an asset acquisition (Asset Alliance, 2020), and ongoing asset-based lending deal flow across waste management, precast concrete, and specialist finishing sectors. Group pre-tax profit was £24.2m in the latest period, down from £35.1m, while the wealth management division remained unprofitable with a £3m loss driven by high personalization costs.

Name

Arbuthnot Latham

Legal name

Arbuthnot Banking Group PLC

Website

https://arbuthnotlatham.co.uk

Company type

Public

Founded year

1833

Operating status

Operating

Headcount range

251–500 employees

Short description

Arbuthnot Latham is a UK private and commercial bank, founded in 1833, offering relationship-driven private banking, commercial lending (including asset-based lending), and wealth management to high net worth individuals and businesses across the United Kingdom.

Ownership category

akta.pro rank

Product category

Private Banking

NAICS

Depository Credit Intermediation (5221), Commercial Banking (522110), Other Nondepository Credit Intermediation (52229)

SIC

State Commercial Banks (6022), Personal Credit Institutions (6141), Mortgage Bankers & Loan Correspondents (6162), Investment Advice (6282)

akta.pro primary industry

Direct Lending — Asset-Based Lending (ABL) (FSAHAJAE)

Keywords

• Private banking
• Commercial banking
• Wealth management
• Asset-based lending
• Relationship banking

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Private Banking Services: Relationship-driven private banking services including deposits, savings, borrowing, and treasury for high net worth individuals with a £750,000 minimum wealth threshold.
2. Commercial Banking Services: Commercial banking services including relationship banking, lending solutions, asset-based lending, receivables finance, property loans, government scheme access, and treasury services for businesses.
3. Wealth Management: Wealth planning, investment management, and intermediary relationships for private clients. Grew funds under management by over a fifth to £2.7bn in 2025.
4. Asset-Based Lending: Commercial asset based lending including receivables finance, property loans, Growth Guarantee Scheme loans, and cashflow loans delivered through Arbuthnot Commercial Asset Based Lending.

Pricing tiers

Distribution channels1 record

Marketing channels3 records

Core offering

Arbuthnot Latham is a UK private and commercial bank offering relationship-driven services across three pillars: private banking (savings, borrowing, mortgages, treasury) for high-net-worth individuals; commercial banking (relationship banking, deposits, lending solutions, asset-based lending, government-backed Growth Guarantee Scheme loans, treasury/foreign exchange) for businesses; and wealth management (wealth planning, investment management, intermediary services for independent financial advisers). Services are delivered primarily through dedicated bankers and sector specialists, founded in 1833 and operating as Arbuthnot Banking Group PLC.

Product overview

Arbuthnot Latham offers an integrated suite of private banking, commercial banking, and wealth management services. Founded in 1833, the firm provides relationship-driven banking through its core divisions: Commercial Banking (with sector specialist support, lending solutions including asset-based lending and receivables finance, commercial deposits, treasury/foreign exchange, and government schemes); Private Banking (encompassing banking services, savings accounts, borrowing including mortgages, and treasury); and Wealth Management (including wealth planning, investment management, and intermediary services for financial advisers). The three pillars work together to serve both individual private clients and business customers across the UK.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Banking Relationship-driven banking tailored to support business needs, including sector-specialist support, flexible accounts, cards, commercial deposits, lending solutions, asset-based lending, government scheme access, and treasury/foreign exchange services.
• Private Banking Relationship-driven banking for high-net-worth individuals (minimum wealth threshold of £750,000) covering tailored expertise, flexible accounts, cards, savings, borrowing including mortgages, and treasury/foreign exchange services.
• Wealth Management Relationship-driven expertise to plan, grow, and protect wealth, including wealth planning strategies, expert-led investment management, and intermediary services for independent financial advisers.
• Commercial Deposits and Savings Accounts designed to help businesses manage surplus cash and securely hold client monies, including instant access and fixed rate options.
• Commercial Lending Solutions Borrowing solutions for businesses including loans, real estate finance, asset-based lending, receivables finance, and invoice discounting, structured to support business growth, refinancing, and acquisitions.
• Government Schemes Access Service helping UK businesses access approved funding programmes and government-backed finance, including Growth Guarantee Scheme loans.
• Treasury Services (Commercial) Expert treasury support for businesses covering foreign currency, liquidity, and cashflow management.
• Private Banking Savings Accounts Instant access, notice, and fixed rate savings accounts for private banking clients.
• Private Banking Borrowing Bespoke lending for private banking clients, including mortgages and tailored borrowing solutions.
• Wealth Planning Tailored strategies for clients to protect, grow, and pass on wealth across generations.
• Investment Management Expert-led discretionary and managed portfolio service designed to grow clients' wealth; FUM grew by over a fifth to £2.7bn in 2025.
• Intermediary Relationships Dedicated intermediary service supporting independent financial advisers with banking, savings, borrowing, and investment management for their clients.

Quantifiable outcome

• Funds under management grew by over a fifth to £2.7bn in 2025

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Newbury RacecourseminorGTM or Marketing Partner · 20 April 2026First formal collaboration within the horse racing industry. Provides Arbuthnot Latham with year-round branding presence across the racecourse, including in the parade ring and owners and trainers' areas. The partnership supports the bank's visibility in the racing and equine industries following the appointment of Henry Taylor as director and head of racing.

Scale indicators4 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Coutts: UK's flagship private bank (owned by NatWest Group) serving high-net-worth and ultra-high-net-worth clients with banking, wealth and advisory services. Comparable to Arbuthnot Latham's Private Banking pillar, though Coutts operates at the ultra-HNW end (minimum £1m+) and at materially larger scale.
• Close Brothers Group: UK merchant banking group offering commercial banking, asset-based lending (Close Brothers Asset Finance), and wealth management through Shore Capital. Direct overlap on the ABL and wealth pillars, at materially larger scale and with a more diversified platform.
• Investec UK: UK private banking and wealth management arm of Investec plc, offering relationship-driven banking, lending and investment services to HNW clients, professionals and businesses. Comparable across all three Arbuthnot Latham pillars but operating globally and at much greater scale.
• Brewin Dolphin (now RBC Wealth Management UK): UK wealth manager offering discretionary investment management, advisory and financial planning to HNW individuals. Comparable to Arbuthnot Latham's wealth planning and investment management service, though larger and now part of RBC's global wealth franchise.

Direct peers

• Hampden & Co: Independent UK private bank founded 2013, offering relationship-led banking and wealth services to high-net-worth individuals and family offices. Closest peer to Arbuthnot Latham by size, model and target segment, though newer and lacking the 19th-century heritage.
• C. Hoare & Co: Family-owned UK private bank founded 1672, offering personal banking, commercial banking and wealth management with relationship-driven service. Directly comparable to Arbuthnot Latham on heritage-led relationship banking for HNW individuals and owner-managed businesses.
• Weatherbys: UK private bank offering personal banking, commercial banking and equestrian/racing financial services. Comparable to Arbuthnot Latham on the integration of banking with sport/sector specialism (note Arbuthnot's Newbury Racecourse partnership and Henry Taylor's racing-vertical appointment).
• OakNorth Bank: UK challenger bank focused on relationship-led lending to mid-market businesses and savings products. Comparable to Arbuthnot Latham on the SME/commercial-banking pillar, though OakNorth operates at substantially larger scale and with a more technology-driven origination engine.
• Shawbrook Bank: UK specialist challenger bank offering asset finance, commercial mortgages and unsecured lending to SMEs and individuals. Overlaps with Arbuthnot Latham's ABL lending division and growth finance packages (receivables/property/GGS loans) targeting UK SMEs.

Emerging players

• St. James's Place: Leading UK wealth management group serving mass-affluent and HNW clients through an advised model with discretionary fund management. Directly comparable to Arbuthnot Latham's Wealth Management pillar, particularly the intermediated financial-adviser relationships service.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ArbuthnotLatham

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arbuthnot Latham