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Hargreaves Lansdown to float - 600m price tag

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  • cheerfulcat
    cheerfulcat Posts: 3,406 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I'd have thought most of the business is on the discount broking rather than on the advice side.

    The corporate pension arm of HL has £5 billion under management; I would think that that is where most of the business is!
  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    According to the Times story, the retail side is a bit bigger with 6bn,plus almost 1bn in asset management, but there's not a lot in it.

    I'd say they're more likely to reduce prices than raise them in future.
    Trying to keep it simple...;)
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