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AJ Bell

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AJ Bell plc
Formerly
  • A J Bell Holdings Limited (2002–2013)[1]
  • AJ Bell Holdings Limited (2013–2018)[1]
  • AJ Bell Limited (14–16 Nov 2018)[1]
Company typePublic limited company
LSEAJB
FTSE 250 component
IndustryFinancial services
Founded1995 (1995) in Manchester, United Kingdom
Founder
  • Andrew James Bell
  • Nicholas Littlefair
Headquarters
Manchester
,
United Kingdom, M5 3EE
Key people
  • Fiona Clutterbuck (Chairman)
  • Michael Summersgill (Chief Executive)
Products
Brands
  • AJ Bell
  • AJ Bell Investcentre
  • Dodl by AJ Bell
  • Touch by AJ Bell
  • AJ Bell Platinum
  • AJ Bell Securities
  • AJ Bell Media
RevenueIncrease £218.2 million (2023)[2]
Increase £86.2 million (2023)[2]
Increase £68.2 million (2023)[2]
AUMIncrease £4.7 billion (31 March 2024)[3]
Websiteajbell.co.uk

AJ Bell plc is a British 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

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The company was formed in Manchester by Andrew (Andy) James Bell and Nicholas Littlefair in 1995.[4] The company was the subject of an initial public offering valuing the business at £675 million in November 2018.[5]

Operations

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Its main platform business operates under four core brands:

  • AJ Bell is a direct-to-customer platform, offering a low-cost SIPP, ISA and Dealing (Trading) Account.[6][7]
  • 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.[8][9]
  • AJ Bell Platinum is a bespoke SIPP and SSAS provider offering customers a bespoke (custom) service.[10]
  • AJ Bell Securities is the company's stockbroking arm.[11]

The company also provides third party SIPP administration services,[12] and owns a specialist financial publishing business in London known as AJ Bell Media.[13] AJ Bell was recognised as a Which? Recommended Provider for each of the four years, 2019, 2020, 2021 and 2022.[14]

References

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  1. ^ a b c "AJ Bell plc overview - Find and update company information - GOV.UK". Companies House. 5 August 2002. Retrieved 19 March 2024.
  2. ^ a b c "Annual Results 2023" (PDF). AJ Bell. Retrieved 12 February 2024.
  3. ^ "FY24 Q2 Trading Update" (PDF). AJ Bell. Retrieved 18 April 2024.
  4. ^ "Firing Line: Andy Bell". ftadviser.com. Archived from the original on 28 October 2015. Retrieved 18 September 2015.
  5. ^ "AJ Bell valued at up to £675m as IPO price revealed". Citywire. 27 November 2018. Retrieved 2 March 2019.
  6. ^ "AJ Bell introduces capped annual charge on revamped D2C platform". 29 November 2013. Retrieved 2 March 2019.
  7. ^ Patrick Collinson (18 January 2014). "Investing charges: where should you put your money?". The Guardian. Retrieved 2 March 2019.
  8. ^ "Sippcentre rebrands as AJ Bell Investcentre". ftadviser.com. Retrieved 2 March 2019.
  9. ^ "AJ Bell Investcentre GIA now via Canadian Life offshore bonds". FTSE Global Markets. Retrieved 2 March 2019.
  10. ^ "Everything you need to know about the AJ Bell Platinum SIPP". Investment Sense. Retrieved 2 March 2019.
  11. ^ Nicholas Paler. "AJ Bell to launch platform next year". New Model Adviser. Retrieved 2 March 2019.
  12. ^ "More transparency for platforms, but more complexity too". Financial Times. Retrieved 2 March 2019.
  13. ^ "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.
  14. ^ "Awards: Our products and platforms win industry awards year after year". A J Bell. Retrieved 17 July 2020.
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