Aj Bell Share Discussion Threads

[umitw] 22/11/2019 11:12

Is the 12 months fixed period up on 5 December?

[bc4] 15/11/2019 10:41

Invesco selling again
----
3. Details of person subject to the notification obligation(iv)
Name Invesco Ltd.
City and country of registered office 1555 Peachtree Street NE, Suite 1800,
(if applicable) Atlanta, GA 30309 United States
Resulting situation
on the date
on which threshold
was crossed
or reached 12.60% 0 408,730,211
------------------ ---------------------- --------------- --------------------
Position of
previous notification
(if
applicable) 13.79% 0 13.79%
------------------ ---------------------- --------------- --------------------

[saltaire111] 07/11/2019 15:38

Looks like forthcoming results are going to be good.

Salty.

[umitw] 07/11/2019 13:33

What's the reason for the rise?

[eaaxs06] 01/11/2019 16:21

These have picked up very nicely, within the last hour or so.

[saltaire111] 24/10/2019 07:35

D2C growth +28%! That’s astonishingly good. Thanks Hargraves!

Salty

[bc4] 24/10/2019 07:26

AJ Bell plc

Year-end trading update

AJ Bell plc ("AJ Bell" or the "Company"), one of the UK's largest investment platforms, today issues a trading update in respect of its financial year ended 30 September 2019.

Performance overview

Total customer numbers increased by 17% in the year to 232,066, with total assets under administration up 13% to GBP52.3 billion. In comparison, the FTSE All-Share index decreased by 2% over the year.

AJ Bell's growth during the year was driven by the platform business:
-- Platform customers increased by 34,956 to 218,169, up 19% in the year
-- Platform AUA increased by 16% over the year to GBP44.9 billion

o Advised Platform AUA up 13% to GBP33.8 billion

o D2C Platform AUA up 28% to GBP11.1 billion

-- Underlying platform inflows, representing organic growth in the year, increased to GBP5.4 billion (2018: GBP5.2 billion)
Andy Bell, Chief Executive Officer at AJ Bell, commented:

"Our first full year trading update since the IPO demonstrates the resilience of our business model. During periods of unsettled markets and political uncertainty customers have a greater need for established, trustworthy businesses offering high quality service, at low cost to meet their evolving investment needs. This has enabled us to continue to add customers and assets to the platform.

"Platform customer numbers continued to grow strongly, up 19% over the year and platform assets under administration increased 16%, despite a 2% fall in the FTSE All-Share. Underlying platform inflows remained robust at GBP5.4 billion and transfers from defined benefit pensions added a further GBP0.9 billion.

"The long-term growth drivers of the platform market remain strong with customers increasingly looking to take control of their long-term savings with flexible, low-cost, online solutions. This, coupled with our strong customer retention rate, positions us well to achieve our organic growth ambitions."

Notice of annual results
5th of December

[sentimentrules] 23/10/2019 12:02

Is very strange. I use different devices and not had issue.

[someuwin] 23/10/2019 11:59

Yes I often seem to have problems logging in with AJB. Both with the mobile App and with PCs. It's definitely at their end because the admit the issue and say they're working on it.

Very annoying!

[sentimentrules] 23/10/2019 11:37

Never had an AJB issue either. Who are you using someuwin?

[saltaire111] 23/10/2019 11:34

Hi Some - are you a SIPP customer?

I am a SIPP customer with AJB and I’ve never been unable to log in. I go into my account two to three times a day if I’m trading, and perhaps two or three times a week when I’m not trading. Never once been unable to log-in.

It is weird that you keep having problems.

Anyone else have similar difficulties?

Salty

[someuwin] 23/10/2019 09:49

Can't login again!!!!!!!

"Website login issues

We're sorry for the problems you're experiencing logging into the website. We're working urgently to fix them, and want to apologise for any inconvenience this has caused."

[sentimentrules] 21/10/2019 10:14

Be hilarious if administration read your history after seeing your report. Bye bye 1oughtton the Peter file hahaha