Charles Stanley Group

Charles Stanley is a UK investment management company.[1] The company was established in 1792 and is one of the oldest firms on the London Stock Exchange.[2]

Charles Stanley Group plc
TypePublic company
LSE: CAY
IndustryInvestment management
Founded1792
HeadquartersBishopsgate
London, EC2
United Kingdom
Key people
Paul Abberley (CEO) Sir David Howard (Chairman)
Revenue£155.2 million (2019)
£9.5 million (2019)
£11.0 million (2019)
Number of employees
Circa 850 (2019)
Websitecharles-stanley.co.uk

Charles Stanley Group provides wealth management services to private clients, charities and smaller institutions.[3] Charles Stanley Group CEO, Paul Abberley, took control of the company at the end of 2014.[4] Sir David Howard is the non-executive Chairman of the Group.[5]

In 2019, Charles Stanley reported revenues of £155.2 million.[6]

History

A subsidiary of the group, Charles Stanley & Co. Ltd., was first listed on the London Stock Exchange in 1852.[7] The Charles Stanley Group itself was incorporated and listed in 1896.[8] The Group offers four core services: Wealth Management, Financial Planning, an award-winning online execution only platform and Asset Management.[9]

Operations

The Group currently has £24.1 billion of investments under management and administration (as at 31 March 2019).[10]

References

  1. Smith, Warren (19 April 2016). "Charles Stanley Group PLC (LON:CAY) Issued With 'Buy' Rating At Peel Hunt". FTSE News. Retrieved 24 May 2016.
  2. Lobo, Dylan (18 April 2016). "Charles Stanley investment head exits". Wealth Manager. Retrieved 24 May 2016.
  3. Lynn, Alex (27 April 2016). "200-year-old wealth management firm to consolidate offices". Bridginf & Commercial Distributor. Retrieved 24 May 2016.
  4. Bambrough, Billy (26 November 2015). "More cost cutting to come at Charles Stanley". City AM. Retrieved 24 May 2016.
  5. Dakers, Marion (15 April 2015). "Charles Stanley sets out turnaround plan". The Telegraph. Retrieved 24 May 2016.
  6. "Charles Stanley hikes dividend after profits beat expectations".
  7. Charles Stanley & Co.
  8. "Charles Stanley Group Plc". Companies House. Retrieved 24 May 2015.
  9. Bucak, Selin (18 December 2015). "Paul Abberley: Charles Stanley's three key targets". Wealth Manager. Retrieved 24 May 2016.
  10. Bueso, Alexander (31 May 2019). "Charles Stanley beats forecasts with full-year numbers, raises payout". Sharecase. Retrieved 31 May 2019.
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