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Hargreaves Lansdown

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Hargreaves Lansdown plc
Company typePublic (LSEHL.)
IndustryFinancial services
Founded1981
Headquarters,
Key people
Peter Hargreaves and Stephen Lansdown
Revenue£120.3 million (2008)
£57.8 million (2008)
£42.4 million (2008)
Number of employees
Circa 600
Websitewww.h-l.co.uk

Hargreaves Lansdown plc (LSEHL.) is a financial service company based in Bristol that sells funds and shares and related products via its website and through the post to retail investors in the United Kingdom. The Company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The Company was founded in 1981 by Peter Hargreaves and Stephen Lansdown and initially traded from a bedroom.[1]

In May 2007 the Company was first listed on the London Stock Exchange. The Company's two founders continued to hold a 80% of the company.[2]

Operations

The Company mainly operates under the Vantage brand. Available products under this brand include ISA, SIPP, PEP, and funds and share accounts.

Investors are responsible for their own investment decisions: the Company provides fund research and opinion.[3]

The Company also operates four multi-manager unit trusts each of which in turn own a share in a number of underlying funds.

References

  1. ^ "£9m pay packet for investment chief". The Sunday Times. 2007-02-25.
  2. ^ "Asset manager 'plans £600m float'". BBC News. 2007-01-27.
  3. ^ Hargeaves Lansdown Stock Hunter