Private Banks
Arbuthnot Latham
An independent review of Arbuthnot Latham by our team of experts
Book a Discovery CallSummary
Arbuthnot Latham was founded in 1833 and is part of Arbuthnot Banking Group plc. It offers banking, investment management and wealth services to commercial clients and high-net-worth individuals, and is well known for its private banking.
Arbuthnot Latham is a UK-based boutique; its UAE office closed in February 2021, leaving no local presence for clients in the region.
It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Pros
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Long-established UK heritage
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Online and mobile banking
Cons
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Expensive
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Not the best way to invest
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No local presence
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Lower service levels
Our verdict
Arbuthnot Latham is a small, long-established UK private bank with genuine heritage, founded in 1833. For an internationally mobile client, though, heritage is not the same as reach.
Its Dubai branch has closed, which leaves no local presence in the UAE and little international footprint. For senior professionals who expect a consistently high level of care wherever they are, that is a meaningful gap; service delivered from a single jurisdiction rarely keeps pace with a globally mobile life.
The more fundamental point applies to any bank. A bank sells what a bank holds. Serious wealth work begins one level up, with the whole picture coordinated across your investments, structures, pensions, protection and succession, and with advice that answers to you rather than to a product shelf.
If you are already a private banking client of Arbuthnot Latham, a no-obligation Second Opinion will show whether your portfolio still serves your plan, or whether the plan was ever the starting point. AES will also review the thinking that led to the investments you currently hold.