AJ Bell explained

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

The company was formed in Manchester by Andrew (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]

Notes and References

1. Web site: Annual Results 2023. AJ Bell . 12 February 2024.
2. Web site: FY24 Q2 Trading Update . AJ Bell . 18 April 2024.
3. Web site: Firing Line: Andy Bell. ftadviser.com. 18 September 2015. https://web.archive.org/web/20151028005251/http://www.ftadviser.com/2013/04/03/pensions/sipps/firing-line-andy-bell-IwMRd3ox5fo07gkgOvRAsI/article-0.html. 28 October 2015. dead.
4. Web site: AJ Bell valued at up to £675m as IPO price revealed. 27 November 2018. Citywire. 2 March 2019.
5. Web site: AJ Bell introduces capped annual charge on revamped D2C platform. 29 November 2013. 2 March 2019.
6. News: Investing charges: where should you put your money?. Patrick Collinson. The Guardian. 18 January 2014. 2 March 2019.
7. Web site: Sippcentre rebrands as AJ Bell Investcentre. ftadviser.com. 2 March 2019.
8. Web site: AJ Bell Investcentre GIA now via Canadian Life offshore bonds. FTSE Global Markets. 2 March 2019.
9. Web site: Everything you need to know about the AJ Bell Platinum SIPP . Investment Sense. 2 March 2019.
10. Web site: AJ Bell to launch platform next year. Nicholas Paler. New Model Adviser. 2 March 2019.
11. Web site: More transparency for platforms, but more complexity too. Financial Times. 2 March 2019.
12. Web site: Financial Planner Online – AJ Bell acquires financial publisher MSM Media. financialplanneronline.co.uk. 18 September 2015. https://web.archive.org/web/20151028043610/http://www.financialplanneronline.co.uk/articles/item/1907-aj-bell-acquires-financial-publisher-msm-media#.VemcTPlVhHw. 28 October 2015. dead.
13. Web site: Awards: Our products and platforms win industry awards year after year. 2020-07-17. A J Bell.