{"url":"https://nivawealth.com/firms/natwest-bank-plc-uk-160376","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/160376","regulatoryAum":1059392636,"crd":"160376","history":[{"filedOn":"2021-03-31","regulatoryAum":2005786287,"clients":1718,"employees":182,"offices":1},{"filedOn":"2022-06-24","regulatoryAum":2188984156,"clients":1589,"employees":196,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":1056651001,"clients":140,"employees":977,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":1139348630,"clients":486,"employees":1103,"offices":2},{"filedOn":"2025-05-06","regulatoryAum":1213158729,"clients":457,"employees":89,"offices":2},{"filedOn":"2026-08-03","regulatoryAum":1059392636,"clients":466,"employees":126,"offices":2}],"secFileNumber":"801-73364","legalName":"Natwest Bank PLC (Uk)","displayName":"Natwest Bank PLC (Uk)","slug":"natwest-bank-plc-uk-160376","website":"https://usa.evelyn.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"other (specify) organized in United Kingdom","fiscalYearEnd":"December","headquarters":{"street":"45 Gresham Street","city":"London","state":"","stateName":"","country":"United Kingdom","postalCode":"EC2V 7BG"},"tradeNames":[],"registration":{"secApproved":"29 March 2012","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1507981.8086956523,"staff":{"employees":126,"advisory":34,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1059392636,"discretionary":1059392636,"discretionaryAccounts":466,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":38,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":291,"regulatoryAum":117919593},{"label":"High-net-worth individuals","clients":169,"regulatoryAum":575752039},{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":249364575},{"label":"Corporations and other businesses","clients":5,"regulatoryAum":116356429}],"feePrograms":[{"role":"main","program":"Evelyn Partners Management Fee","feeBasis":"marginal","fee_tiers":[{"to":325000,"pct":1.05,"from":0},{"to":650000,"pct":0.9,"from":325000},{"to":3250000,"pct":0.7,"from":650000},{"to":null,"pct":0.4,"from":3250000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053709","versionId":1053709,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-08-03","documentName":"EVELYN PARTNERS FORM ADV PART 2A BROCHURE JULY 2026","fee_rate_low":0.4,"fee_rate_high":1.05,"fee_negotiable":null,"minimum_account":null,"feeMinimumPeriod":"quarterly","fee_minimum_annual":4500}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T04:59:53.372654+00:00","documents":[{"name":"EVELYN PARTNERS FORM ADV PART 2A BROCHURE JULY 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053709","versionId":1053709,"submittedOn":"2026-08-03"}]},"custodians":[{"name":"Pershing Securities Limited","shortName":"Pershing","location":"Liverpool","smaAssets":138938605},{"name":"The Northern Trust Company","shortName":"The Northern Trust","location":"Chicago, IL","smaAssets":249364575},{"name":"Pershing New Jersey","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":578821609},{"name":"Inspira Financial Trust, LLC","shortName":"Inspira Financial Trust","location":"Oak Brook, IL","smaAssets":5406816},{"name":"The Huntington National Bank","shortName":"The Huntington National Bank","location":"Columbus, OH","smaAssets":2244044},{"name":"The Charles Schwab Corporation","shortName":"Charles Schwab","location":"Wilmington, DE","smaAssets":43367907},{"name":"Schwab Retirement Plan Services Inc","shortName":"Charles Schwab","location":"Austin, TX","smaAssets":41249079}],"custodyNote":"Natwest Bank PLC (Uk) does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Bahador Mahvelati","title":"Chief Operating Officer","crd":"8160837"},{"name":"Charlotte Davies","title":"Group General Counsel","crd":"7676637"},{"name":"Christopher Kenny","title":"Executive Director","crd":"8323353"},{"name":"Patrice McDonald","title":"Independent Non-Executive Director","crd":"8323370"},{"name":"Muhammad Mustaffa","title":"Executive Director","crd":"8323364"},{"name":"Mark Rennison","title":"Independent Non-Executive Director","crd":"8323343"},{"name":"Anne Richards","title":"Independent Non-Executive Director","crd":"6668605"},{"name":"Bindesh Savjani","title":"Chief Risk Officer & Group Head of Compliance","crd":"4780800"},{"name":"Jakob Stott","title":"Independent Non-Executive Director","crd":"8323347"}],"ownership":[{"label":"Evelyn Partners Group Limited","detail":"Shareholder in the 75% or more ownership band and a control person, since October 2022."},{"label":"Natwest Bank PLC","detail":"Indirect owner: a shareholder of Evelyn Partners Group Limited in the 75% or more band and a control person, since June 2026.","parent":"Evelyn Partners Group Limited"},{"label":"Natwest Holdings Limited","detail":"Indirect owner: a shareholder of Natwest Bank PLC in the 75% or more band and a control person, since June 2026.","parent":"Natwest Bank PLC"},{"label":"Natwest Group PLC","detail":"Indirect owner: a shareholder of Natwest Holdings Limited in the 75% or more band and a control person, since June 2026.","parent":"Natwest Holdings Limited"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[{"city":"GUILDFORD","country":"United Kingdom","postalCode":"GU1 4TL","street":"ONSLOW HOUSE","display":{"city":"GUILDFORD","region":null,"postalCode":"GU1 4TL","ruleVersion":"office-display-1"}}],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"442071314000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":49},{"label":"U.S. government/agency bonds","percent":6},{"label":"Sovereign bonds","percent":7},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":34},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":1},"sources":{"adv1FilingDate":"3 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/160376/PDF/160376.pdf","brochureDate":"3 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1053709","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Natwest Bank PLC (Uk) have?","answer":"Natwest Bank PLC (Uk) has 466 clients and manages $1.06 billion for them, as of August 2026. They include 291 individual clients, 169 high-net-worth individuals, and 5 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 3 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Natwest Bank PLC (Uk) offer?","answer":"Natwest Bank PLC (Uk) provides financial planning, portfolio management for individuals and small businesses, and portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Natwest Bank PLC (Uk) charge?","answer":"Natwest Bank PLC (Uk) charges 0.40%–1.05% a year for its Evelyn Partners Management Fee. Each asset band is charged at its own rate. The fee is billed in arrears and has a $4,500 annual minimum.","source":"EVELYN PARTNERS FORM ADV PART 2A BROCHURE JULY 2026, filed 3 August 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Natwest Bank PLC (Uk) use?","answer":"Natwest Bank PLC (Uk)’s separately managed account assets are held at Pershing New Jersey (Jersey City, NJ), with $579M, The Northern Trust Company (Chicago, IL), with $249M, Pershing Securities Limited (Liverpool), with $139M, The Charles Schwab Corporation (Wilmington, DE), with $43.4M, Schwab Retirement Plan Services Inc (Austin, TX), with $41.2M, Inspira Financial Trust, LLC (Oak Brook, IL), with $5.41M and The Huntington National Bank (Columbus, OH), with $2.24M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Natwest Bank PLC (Uk) have?","answer":"Natwest Bank PLC (Uk) has 0 investment adviser representatives registered with state securities authorities, out of 126 employees, and 34 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Natwest Bank PLC (Uk) invest in?","answer":"At the end of its last fiscal year, Natwest Bank PLC (Uk)’s separately managed accounts held 49% exchange-traded equities, 34% pooled vehicles (private funds and similar), 7% sovereign bonds, 6% U.S. government and agency bonds, 2% cash and equivalents and 1% investment grade corporate bonds. It advises 1 private fund.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Natwest Bank PLC (Uk)?","answer":"Natwest Bank PLC (Uk) is owned through a chain of holding companies by Natwest Group PLC. Its direct owner is Evelyn Partners Group Limited (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 3 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Natwest Bank PLC (Uk) get paid?","answer":"Natwest Bank PLC (Uk) is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Natwest Bank PLC (Uk)?","answer":"Natwest Bank PLC (Uk)’s main office is at 45 Gresham Street, London, United Kingdom EC2V 7BG. Its phone number is 442071314000. Its website is usa.evelyn.com.","source":"Form ADV Part 1A, Item 1.F, filed 3 August 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}