Rawlings Bolton

What Rawlings Bolton does

Rawlings Bolton is a Brisbane-headquartered, privately held Australian financial services firm with a 75-year heritage originating from Bentleys Queensland, the partnership founded in 1948 by accountants Jim Rawlings and Harry Bolton. The firm operates as Rawlings Bolton Investment Management Pty Ltd, a Corporate Authorised Representative of Bentleys (QLD) Advisory Pty Ltd under AFSL 274444. Its core offering spans three integrated service lines: (i) Trustee & Administration Services covering trustee and incidental custody, fund administration, unit registry, and AFSL licensing; (ii) Investment & Asset Management providing customised strategies, niche market expertise, active portfolio management, and access to proprietary alternative asset categories; and (iii) Advisory Services encompassing family office support, wholesale financial advice, and corporate advisory (valuations, M&A, due diligence, restructuring, succession planning).

The firm is built around a 'Good Capital' philosophy that frames value creation across six capitals (financial, manufactured, intellectual, human, social/relationship, and natural), which it deploys as a content and advisory differentiator rather than a technical platform. Service delivery is relationship-led and bespoke, with no standardised pricing or self-serve product distribution; engagements are scoped through direct consultation with a team of approximately 7-8 professionals including a Managing Director, Director, Senior Operations Manager, Risk & Compliance Manager, and Investment Analyst. The firm also manages Rawlings Bolton Fund II, a private equity vehicle targeting professional services transformation, with a signed cornerstone term sheet in 2024 for a Queensland-based accounting firm with over 150 professionals.

Commercial outcomes include orchestrating over $20M in equity and $17M in debt for Compass Agribusiness's Tasmanian dairy farm acquisition (2021), ongoing support for the Compass Meadowbank Investment Trust (targeting $16M), and the establishment of a Carbon Fund with Australian Integrated Carbon. The firm's client base is concentrated among UHNW families and family offices, fund managers operating managed investment schemes, wholesale sophisticated investors, and business owners requiring succession or restructuring advice, with sector specialisation in agribusiness, property, health and ageing, government, and education. Revenue is generated through professional services fees (advisory and trustee), recurring management and performance fees on investment mandates, and project-based consulting charges; no public pricing or fee schedules are disclosed.

Name

Rawlings Bolton

Legal name

Rawlings Bolton

Website

https://rbco.au

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

1–10 employees

Short description

Rawlings Bolton is a Brisbane-based, privately held Australian financial services firm with 75 years of heritage providing trustee, fund administration, investment management, and advisory services to UHNW families, family offices, fund managers, and corporate clients across Australia.

Ownership category

akta.pro rank

Product category

Wealth Management and Fund Administration Services

NAICS

Portfolio Management and Investment Advice (523940), Trusts, Estates, and Agency Accounts (525920)

SIC

Finance Services (6199)

akta.pro primary industry

Institutional Consultants & Fiduciary Management (Investment Consulting) (FSAAAGAJ)

akta.pro secondary industries

Fund Depositary (UCITS/AIFMD & Trustee Oversight) (FSAAAOAC), Fund Custody & Transfer Agency Services (FSACAHAG), Sub-Accounting & Platform Servicing (Omnibus, Intermediary/NSCC, Retirement Platforms) (FSAAAMAI), Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD)

Keywords

• Trustee administration services
• Fund administration
• Wealth management advisory
• Investment asset management
• Family office services

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Trustee & Administration Services: Trustee and incidental custody services, fund administration and unit registry services, and Australian financial services licensing (AFSL) services. Revenue is generated through fees for trustee oversight, compliance, registry management, and licensing programs.
2. Investment & Asset Management: Investment management and asset management services including customized investment strategies, niche market expertise, regular reporting, active portfolio management, and access to proprietary alternative asset categories. Revenue is generated through management fees and performance-related charges.
3. Advisory Services: Family office support and advisory, wholesale financial advice and governance, and corporate advisory services including business valuations, M&A advice, due diligence, capital restructuring, and succession planning. Revenue is generated through advisory fees, engagement-based consulting fees, and project-based charges.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Rawlings Bolton provides trustee and administration services, investment and asset management, and bespoke advisory services to ultra-high-net-worth families, family offices, fund managers, and institutional investors across Australia. The firm specialises in unit registry, fund administration, and sector-specific advisory across agribusiness, property, health, education, and government. It also operates the Rawlings Bolton Fund II, a private equity fund focused on long-term capital stewardship.

Product overview

Rawlings Bolton is a Queensland-owned financial services firm with 75-year heritage offering an integrated suite of fiduciary and advisory services. The core offering comprises three interconnected service lines: Trustee & Administration Services (trustee, custody, fund administration, unit registry, and AFSL licensing), Investment & Asset Management (customized investment strategies, portfolio management, alternative assets, governance frameworks), and Advisory Services (family office support, wholesale financial advice, corporate advisory). The firm also manages the Rawlings Bolton Fund II, a private equity vehicle targeting professional services sector transformations. Services are delivered through a licensed AFSL (274444) framework under Bentleys (QLD) Advisory Pty Ltd, enabling managed investment scheme structuring and regulatory compliance.

Differentiator

Problem solved

Functional benefit

Products and services

• Trustee & Administration Services Specialist trustee and administration services including unit registry management for fund managers and investment schemes. Targeted at wholesale fund managers, registered managed investment schemes, and family offices requiring reliable back-office administration.
• Investment & Asset Management Discretionary investment management and asset management services with a 'Good Capital' philosophy and long-term stewardship focus. Designed for ultra-high-net-worth families, family offices, and sophisticated investors seeking patient, principle-aligned capital management.
• Advisory Services Bespoke advisory services covering agribusiness, property, health, education, and government sectors. Tailored for business owners, directors, executives, and families navigating complex wealth, governance, and investment decisions.
• Rawlings Bolton Fund II A private equity fund managed by Rawlings Bolton that embodies the firm's 'Good Capital' philosophy. Targeted at institutional and sophisticated investors seeking long-term, principle-aligned investment partnerships.

Quantifiable outcome

• Raised over $20M in equity capital for Compass Agribusiness Management, plus secured $17M in debt financing for acquisition of four Tasmanian dairy farms.
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• UN PRI (Principles for Responsible Investment)minorOthersRawlings Bolton displays the UN PRI logo on their website footer, indicating alignment with the Principles for Responsible Investment. This signals the firm's commitment to responsible investment practices and ESG considerations in line with their 'Good Capital' philosophy.
• Compass Agribusiness ManagementcoreStrategic or Co-development PartnerRawlings Bolton has an ongoing engagement with Compass Agribusiness, having previously supported the Compass Tas Farming Trust (raised $20M+ equity, $17M debt for four Tasmanian dairy farms) and now the Compass Meadowbank Investment Trust (targeting $16M equity raise). The relationship extends across multiple fund setups and represents repeat business, indicating a strategic partnership built on trust and demonstrated outcomes.
• Australian Integrated CarboncoreStrategic or Co-development PartnerRawlings Bolton established a Carbon Fund in partnership with Australian Integrated Carbon (AIC), completing due diligence on asset acquisition, structuring an investment vehicle, and providing fund administration to private family clients. The deal included Mitsubishi Corporation as an investor in AIC, and the structure provided exclusive access to decarbonisation investment thematics for wholesale sophisticated investors.
• Bentleys QueenslandcoreStrategic or Co-development PartnerRawlings Bolton originated from Bentleys Queensland and operates as a Corporate Authorised Representative of Bentleys (QLD) Advisory Pty Ltd (AFSL 274444). The firm leverages the broader Bentleys network for proprietary deal sourcing (e.g., the Rawlings Bolton Fund II was sourced through 75 years of trusted relationships within the Bentleys and Rawlings Bolton networks). Rawlings Bolton Investment Management Pty Ltd is a Corporate Authorised Representative of Bentleys (QLD) Advisory Pty Ltd.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Insignia Financial: Insignia Financial (formerly IOOF, ASX: IFL) is one of Australia's largest wealth management groups offering advice, platform/trustee, and asset management services. It competes with Rawlings Bolton across wealth administration and trustee services but targets a much broader retail and advised client base rather than the UHNW boutique segment.
• Gresham Partners: Gresham Partners is a Melbourne-based Australian independent advisory firm offering M&A, corporate advisory, and structured capital solutions to corporates and high-net-worth families. It is comparable to Rawlings Bolton's corporate advisory and family office advisory capabilities, though with a heavier emphasis on mid-market M&A.
• Perpetual Limited: Perpetual (ASX: PPT) operates a comprehensive wealth management, corporate trust, and fund administration platform across Australia. It overlaps with Rawlings Bolton across asset management, fund administration, and private wealth advisory, but at materially greater scale and with a much broader product menu.
• Pitcher Partners: Pitcher Partners is an Australian mid-tier accounting and advisory network offering business advisory, succession planning, and corporate finance services. It overlaps with Rawlings Bolton on corporate advisory, valuation, and succession planning services for SME and family business clients, and is structurally comparable given shared accounting-firm origins.

Regional players

• Ord Minnett: Ord Minnett is an Australian private wealth and investment house providing portfolio management, corporate advisory, and institutional equities services. It competes with Rawlings Bolton in the Australian private wealth and corporate advisory markets, though it is significantly larger and listed-securities focused.
• Morgans Financial: Morgans Financial is an Australian-owned, Brisbane-headquartered full-service stockbroking and wealth advisory firm. It is a Brisbane-based Australian wealth peer with comparable geographic footprint and UHNW/private client orientation, though with greater emphasis on direct equities and listed wealth management.

Direct peers

• Koda Capital: Koda Capital is an Australian independent, fee-only multi-family office serving ultra-high-net-worth families with investment advisory and family office services. It is highly comparable to Rawlings Bolton's UHNW family office segment in target customer, bespoke service model, and boutique Australian footprint.
• Equity Trustees: Equity Trustees (ASX: EQT) is Australia's largest independent trustee company offering AFSL-authorised trustee, fund administration, and estate services to managed investment schemes and wealth managers. It is the closest scaled public peer to Rawlings Bolton's Trustee & Administration service line and faces it directly when competing for MIS trustee mandates.
• Hamilton Wealth (HW Advisory): Hamilton Wealth is an Australian independent, privately owned wealth advisory firm providing family office, investment advisory, and superannuation services to HNW and UHNW clients. It mirrors Rawlings Bolton's relationship-led, advice-only model and overlapping client segments.

Others

• Bentleys (Australia): Bentleys is the Australian accounting and advisory network from which Rawlings Bolton originated and under whose AFSL it operates. The relationship is enabling/structural rather than competitive, but Bentleys' broader advisory and accounting services overlap with adjacent client segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/rawlingsbolton
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• LinkedInlinkedin.com/company/rawlingsbolton
• Instagraminstagram.com/rawlingsbolton

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Rawlings Bolton