london stock exchange welcomes aj bell to the premium segment of the main market
London Stock Exchange today welcomes AJ Bell, one of the UK’s leading investment platforms, to the Premium Segment of the Main Market. A valuation of £651 million reflects the structural growth potential in the UK investment platform market as well as recognising AJ Bell’s strong business model and its track record of sustainable growth.
AJ Bell was co-founded by Andy Bell in 1995 and now administers over £46 billion on behalf of almost 200,000 customers. At the heart of the business is a clear and simple purpose to help people to invest. It does this by making its platform easy to use and great value, with one of the lowest cost pricing structures in the market. It operates at scale in both the advised and direct-to-consumer segments of the market through its flagship platform propositions: AJ Bell Investcentre and AJ Bell Youinvest.
Andy Bell, chief executive of AJ Bell, comments:
“Today’s listing on the London Stock Exchange is a significant milestone for the business but for me it really just fires the starting gun on the next phase of the company’s growth. We remain focused on helping our customers to invest, making it as easy as possible for them to manage their portfolios and meet their financial goals.”