A year in review
Annual Review 2025
A year in review
Annual Review 2025
A year in review
Annual Review 2025
Concordia, Integritas, Industria
This motto, chosen by the Rothschild family in 1822, captured both the character of the family and the way they did business.
These words have underpinned the way we do things for more than 200 years; they still stand at the core of our approach to our businesses, our clients, our people and our sense of responsibility.
Our Group
INTEGRITAS
Rothschild & Co is one of the world’s largest and longest established independent financial services groups.
We have been at the heart of the world’s financial markets, and the benchmark for outstanding client service, for more than two centuries.
Our Group is made up of over 4,800 talented people on the ground in 50 countries around the world, across three complementary businesses.
Against an unpredictable backdrop we have seen strong results across all three of our business lines.”
From a geopolitical standpoint, 2025 was yet another year of volatility, so I am particularly proud of the success and the growth of the Group against this unpredictable backdrop, with strong results across all three of our business lines.
I am convinced that the reasons for our continued success are threefold: we are constantly striving for excellence by improving and innovating for our clients, as well as proposing and delivering creative solutions; we are able to bring the expertise of the firm to our clients, thanks to our ability to work collaboratively across all of our offices and three business lines; and our 200-year history provides us with the perspective to bring a long-term view when advising our clients. Operating as we do across different geographies, and providing diverse complementary services, help to mitigate the upheavals in financial markets, providing the Group with stability and resilience. Nevertheless, competition is intensifying across all our markets. That is why in 2025 we continued to invest in the business and in our capabilities. In the past 12 months, we have invested in our presence and scale, opening offices in Nantes and Nice, whilst further developing our offering in Dubai, Germany and Luxembourg. In the digitally evolving world in which we operate, we have continued to enhance our IT and invest in AI tools to transform our day-to-day efficiency. As a people business, we also recognise the importance of investing in the professional growth of our colleagues, boosting our expertise across sectors and locations. These excellent results have been achieved through the commitment and hard work of our people. My family, our fellow shareholders, the Management team and I would like to thank all of our colleagues. Our robust business model, and our truly outstanding people who work in a culture that values excellence and trust, give us confidence for the future.
ALEXANDRE DE ROTHSCHILD — Executive Chairman
€2,986m
Revenue
€713m
Operating income
€413m
Net Income - Group share
.%
Solvency ratio
4,866
Headcount (excl. Interns)
72
Locations
50
Countries
€1,124m
Net asset value of the Group's investment in Five Arrows
€143bn
Wealth and Asset Management - Assets under Management
€31bn
Five Arrows - Assets under Management
694 totalling $673bn
Global Advisory - total completed transactions
Our year in pictures
We believe our performance is just one measure of a successful year. An equally important indicator is the growth and vigour of our community: the relationships we build, the opportunities for development and the difference we make.
We welcomed over 400 clients, partners and colleagues in Brussels to celebrate the 20th anniversary of our Wealth Management business in Belgium.
Our UK Music Society’s annual Winter Concert brought together 180 colleagues and alumni in London, just one example of many colleague-led social events across the firm that showcase the range of talents of our colleagues.
Our Global Advisory team in North America came together for their annual offsite in Miami beach, combining thoughtful discussions, collaborative workshops and team activities.
This year, our global Intern programmes welcomed over 800 interns across 19 locations, providing students with technical training, practical expertise and the opportunity to build a professional network. We also held Spring and Horizon Insight Weeks for school and university students interested in financial services.
We proudly sponsored Under Antarctica, a pioneering three‑month expedition that saw Matthieu Tordeur and Dr. Heïdi Sevestre travel across the continent by kite ski, conducting research that advanced the global understanding of climate change.
Our third Rothschild & Co Leadership Forum brought together global leaders in London to explore how innovation, collaboration and critical thinking can drive high performance and create a dynamic, inclusive leadership culture amidst generational and technological change.
We welcomed 178 new colleagues for our annual Graduate Programme in London, where they participated in personal development sessions, leadership workshops and teambuilding activities before beginning their careers with us in 22 offices around the world.
To celebrate International Biodiversity Day, colleagues from our Geneva and Zurich offices partnered with our local and global charity partner SUGi to help plant trees in Switzerland’s first pocket forest. This is just one of many inspiring philanthropic initiatives aimed at tackling global challenges, supporting communities and empowering the next generation.
In 2025, our investment in AI saw several significant roll-outs across the Group, notably Rogo for Global Advisory, which enhances productivity and supports smarter, faster decision making. We continue to explore responsible applications of AI that improve client experience and allow our colleagues to focus energy on delivering excellent client service.
Five Arrows hosted its annual Investor Day in Paris, showcasing its full investment capabilities through focused sessions and keynote speeches. The event included a private gallery tour of the Louvre highlighting donations from the Rothschild family. It is just one example of our ability to create unique client experiences that draw on the legacy of our business and the family, and relationships with major cultural institutions.
Rothschild & Co Redburn hosted a number of in-person sector conferences in London and New York, bringing together our market specialists, senior industry leaders, investors and policy makers to explore trends and share insights.
In April and May, over 300 recently promoted colleagues from across the world convened at our annual Promotions Programme in London to celebrate their success, learn from industry leaders and further develop their skills, while strengthening their professional networks across our offices.
Our UK Wealth Management team proudly sponsored the 20th anniversary of the Founders Forum Group, a global community that helps founders overcome business challenges, grow their networks and drive innovation. This collaboration demonstrates our commitment to supporting the entrepreneurial community across all our business’ offerings.
We invested further in ensuring our services are easily accessible to our clients. We expanded our Wealth Management offering in France with new offices in Nantes and Nice, and in Luxembourg by enhancing our offering. Additionally, Global Advisory strengthened its on-the-ground offering in Amsterdam and Helsinki.
