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AJ Bell
Company typePublic limited company
LSE: AJB
FTSE 250 component
IndustryFinancial services
Founded1995 (1995) in Manchester, United Kingdom
FounderAndrew James (Andy) Bell and Nicholas Littlefair
Headquarters4 Exchange Quay, Salford Quays,
Manchester
,
United Kingdom, M5 3EE
Key people
Fiona Clutterbuck (Chairman)
Michael Summersgill (Chief Executive)
ProductsSIPP, ISA, SSAS
BrandsAJ Bell
AJ Bell Investcentre
Dodl by AJ Bell
Touch by AJ Bell
AJ Bell Platinum
AJ Bell Securities
AJ Bell Media
RevenueIncrease £163.8 million (2022)[1]
Increase £59.0 million (2022)[1]
Increase £46.7 million (2022)[1]
AUM£69.8 billion (2023)[2]
Websitewww.ajbell.co.uk

AJ Bell 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

The company was formed in Manchester by Andy James Bell and Nicholas Littlefair in 1995.[3] The company was the subject of an initial public offering valuing the business at £675 million in November 2018.[4]

Operations

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.[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 was recognised as a Which? Recommended Provider for each of the four years, 2019, 2020, 2021 and 2022.[13]

References

  1. ^ a b c "Annual Results 2022" (PDF). AJ Bell. Retrieved 16 February 2023.
  2. ^ "AJ Bell posts record Q3 assets under administration". Sharecast. 20 July 2023. Retrieved 20 July 2023.
  3. ^ "Firing Line: Andy Bell". ftadviser.com. Archived from the original on 28 October 2015. Retrieved 18 September 2015.
  4. ^ "AJ Bell valued at up to £675m as IPO price revealed". Citywire. 27 November 2018. Retrieved 2 March 2019.
  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. ^ "Awards: Our products and platforms win industry awards year after year". A J Bell. Retrieved 17 July 2020.
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