Select how often (in days) to receive an alert: At Rathbones, our purpose is to help more people invest their money well, so they can live well. We are one of the UK’s leading providers of wealth management, investment management, financial planning and asset management services. We work with individuals and families, charities, trustees, financial advisers and other professional partners to help them make confident decisions about money and investments. Our advisers take the time to understand each client’s goals, values and circumstances. Together, we create a personalised approach designed to manage, preserve and grow their wealth over the long term. Our services include discretionary investment management, financial planning, fund and asset management, tax planning, trust and company management, and specialist responsible investment services through Rathbone Greenbank Investments. We also work with financial advisers to help them deliver positive outcomes for their clients. With roots dating back to 1742, Rathbones has been trusted for generations. Today, we manage £120.7 billion of client assets*, supported by more than 700 investment professionals across 21 offices in the UK and Channel Islands. Rathbones Group Plc is a FTSE 250-listed company. *Figures as at 30 June 2026. Division: RIM Location: Glasgow Reporting to: Head of Discretionary Portfolio Management Contract: Permanent Purpose To lead as a senior member of a dedicated Portfolio Management team, constructing, managing and monitoring investment portfolios for a diverse, varied and often complex client base (individuals, institutions and funds) to achieve financial goals whilst balancing risk and return. Collaborate, work in partnership and where required lead engagement with the investment management teams to ensure desired client outcomes are met. Be a leadership presence within the portfolio management team, with people management responsibilities, and have strong networks across the Wealth business. Will report to the regional PM Area Lead. Portfolio Director marks significant progression from the Manager role, with increased autonomy, strategic input, and commercial awareness and impact. This role may have additional project lead/SME accountabilities. Investment Strategy, Portfolio Construction and Technical Expertise Using systems, tools and knowledge to define and implement investment strategies based on clients’ risk tolerance, financial goals and investment horizons. Ensure investment portfolios aligned with client objectives and market conditions. Within Rathbones portfolio management strategy, select specific assets and determine the optimal asset allocation to build the portfolio. Thorough understanding of Rathbones investment process, conduct additional research and analysis to support the more complex client requirements, ensuring robust investment opinion is shared. Maintain strong understanding of Rathbones proposition, commercial awareness of the wider market and clear knowledge of the regulatory framework. Build a working knowledge of the Front Office Process Guides and Operating Model Summary and Investment Risk procedures. Market and Performance Monitoring Continuously monitor financial markets, economic trends and geopolitical events to ensure informed investment recommendations can be made. Track the performance of aligned portfolios and recommend / make adjustments as needed (such as rebalancing to maintain the desired asset allocation). Where properly communicated by investment managers, make appropriate adjustments to the management of a portfolio to reflect a client-directed bespoke requirement, where still deliverable within the client's current risk profile. Risk Management Identify, assess and manage risks associated with investments. Possess a working knowledge of the Front Office Process Guides and Operating Model Summary and Investment Risk procedures. Use performance and health check data to assess portfolio risks and take action to manage accordingly. Client Engagement Partnering effectively with IMs where PM input required in support of client meetings and client relations. Active involvement in client facing projects and presentations. Ability to clearly explain investment strategies, performance and recommendations to clients and in partnership with the IM teams. Business Performance
Portfolio Director employer: Rathbone Brothers
Rathbone Brothers in Sheffield is an exceptional employer, offering a dynamic work environment where you can develop your skills in wealth management while receiving comprehensive training and support. With a strong focus on employee growth, you will have access to professional qualifications and hands-on experience in client services, compliance, and investment strategies, all within a collaborative culture that values high-quality client experiences.
