| Charles Stanley | |
| Type: | Privately held company |
| Key People: | Paul Abberley (CEO) Sir David Howard, 3rd Baronet (Chairman) |
| Industry: | Wealth management |
| Revenue: | £155.2 million (2019) |
| Operating Income: | £9.5 million (2019) |
| Net Income: | £11.0 million (2019) |
| Num Employees: | Circa 850 (2019) |
| Foundation: | 1792 |
| Location: | Bishopsgate London, United Kingdom |
Charles Stanley is a UK-based investment management company, providing wealth management services to private clients, charities and smaller institutions.[1] [2] Established in 1792, it was one of the oldest firms on the London Stock Exchange.[3]
A subsidiary of Charles Stanley & Co. Ltd., was first listed on the London Stock Exchange in 1852.[4] The company itself was incorporated and listed in 1896.[5] It offers four core services: wealth management, financial planning, an online execution-only platform, and asset management.[6]
In March 2019, it reported £24.1 billion of investments under management and administration.[7]
The board of directors is chaired by Sir David Howard, 3rd Baronet, who was appointed to the position in 1999.[8] He stepped down as chief executive in 2014.[9] Paul Abberley replaced Howard as chief executive in December 2014.[10]
In 2019, Charles Stanley reported revenues of £155.2 million.[11]
In July 2021, the company was sold to Raymond James Financial for £279 million.[12]