AJ Bell

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AJ Bell
TypePublic limited company
LSE: AJB
IndustryFinancial services
Founded1995 (1995) in Manchester, United Kingdom
FounderAndy Bell and Nicholas Littlefair
Headquarters4 Exchange Quay, Salford Quays,
Manchester
,
United Kingdom, M5 3EE
Key people
Les Platts (chairman)
Andy Bell (Chief Executive)
BrandsAJ Bell Youinvest
AJ Bell Investcentre
AJ Bell Platinum
AJ Bell Securities
AJ Bell Media
RevenueIncrease £126.7 million (2020)[1]
Increase £49.2 million (2020)[1]
Increase £38.8 million (2020)[1]
Websitewww.ajbell.co.uk

AJ Bell (LSE: AJB) is a public limited company that provides online investment platforms and stockbroker services. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History[]

The company was formed in Manchester by Andy Bell and Nicholas Littlefair in 1995.[2] The company was the subject of an initial public offering valuing the business at £675 million in November 2018.[3]

Operations[]

The company currently has £72.8 billion of assets under administration and 382,000 customers as of 30 September 2021.[4] Its main platform business operates under four core brands:

  • AJ Bell Youinvest is a direct-to-customer platform, offering a low-cost SIPP, ISA and Dealing (Trading) Account.[5][6]
  • AJ Bell Investcentre offers an SIPP, ISA and general investment account (GIA) and is only available to customers via Financial Conduct Authority (FCA) authorised financial advisers.[7][8]
  • AJ Bell Platinum is a bespoke SIPP and SSAS provider offering customers a bespoke (custom) service.[9]
  • AJ Bell Securities is the company's stockbroking arm.[10]

The company also provides third party SIPP administration services[11] and owns a specialist financial publishing business in London known as AJ Bell Media.[12] AJ Bell Youinvest won ADVFN International Financial Awards 2020 for Best Execution Only Broker and Self Select ISA Provider of the Year.[13]

References[]

  1. ^ a b c "Annual Results 2020" (PDF). AJ Bell. Retrieved 28 February 2021.
  2. ^ "Firing Line: Andy Bell". ftadviser.com. Archived from the original on 28 October 2015. Retrieved 18 September 2015.
  3. ^ "AJ Bell valued at up to £675m as IPO price revealed". Citywire. 27 November 2018. Retrieved 2 March 2019.
  4. ^ "AJ Bell first-quarter assets under management, net inflows rise". Business Live. 21 January 2021. Retrieved 21 January 2021.
  5. ^ "AJ Bell introduces capped annual charge on revamped D2C platform". Retrieved 2 March 2019.
  6. ^ Patrick Collinson. "Investing charges: where should you put your money?". The Guardian. Retrieved 2 March 2019.
  7. ^ "Sippcentre rebrands as AJ Bell Investcentre". ftadviser.com. Retrieved 2 March 2019.
  8. ^ "AJ Bell Investcentre GIA now via Canadian Life offshore bonds". FTSE Global Markets. Retrieved 2 March 2019.
  9. ^ "Everything you need to know about the AJ Bell Platinum SIPP". Investment Sense. Retrieved 2 March 2019.
  10. ^ Nicholas Paler. "AJ Bell to launch platform next year". New Model Adviser. Retrieved 2 March 2019.
  11. ^ "More transparency for platforms, but more complexity too". Financial Times. Retrieved 2 March 2019.
  12. ^ "Financial Planner Online – AJ Bell acquires financial publisher MSM Media". financialplanneronline.co.uk. Archived from the original on 28 October 2015. Retrieved 18 September 2015.
  13. ^ "ADVFN 2020 International Financial Awards". uk.advfn.com. Retrieved 17 July 2020.

External links[]

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