Best Invest

Starwarsb2b

Linton said:

The best all-rounder I think is AJ Bell - fairly cheap, reasonable website, good support.

Does A J Bell own and run it's own platform or is it shared with a 3rd party?

Starwarsb2b

ColdIron said:

OP would do well to tell us the size of portfolio, trading frequency and type of assets, funds, shares etc

2 ISA's £500k and 1 SIPP £500k.  No changes in the last few years.  Mainly Trackers with a few key funds.  Too much to have in one institution IMHO.

Thrugelmir

Starwarsb2b said:

Linton said:

The best all-rounder I think is AJ Bell - fairly cheap, reasonable website, good support.

Does A J Bell own and run it's own platform or is it shared with a 3rd party?

AJ Bell is a listed company on the London Stock Exchange. 

[Deleted User]

Hi,

have you looked at Interactive Investor?

Linton

Starwarsb2b said:

ColdIron said:

OP would do well to tell us the size of portfolio, trading frequency and type of assets, funds, shares etc

2 ISA's £500k and 1 SIPP £500k.  No changes in the last few years.  Mainly Trackers with a few key funds.  Too much to have in one institution IMHO.

If you wanted tro split across platforms you could have one of the ISAs on a separate platform to the other ISA and SIPP.  There is no advantage in having them all on one platform since you cant (easily) move money or investments between ISAs or between ISAs and SIPPs.   By splitting you improve your security as you are covered if one platform has IT problems.

I see no point in using more than 2 platforms but I guess there is great disadvantage either.

Linton

Starwarsb2b said:

Linton said:

The best all-rounder I think is AJ Bell - fairly cheap, reasonable website, good support.

Does A J Bell own and run it's own platform or is it shared with a 3rd party?

AJBell run's its own platform and it is not used by anyone else.

Starwarsb2b

Linton said:

AJBell run's its own platform and it is not used by anyone else.

That's a good bonus point to me.  Would you agree?

Starwarsb2b

So this discussion has helped me.  Here's my thinking:
HL - Own platform - FTSE 100 Company
AJ Bell Own platform - FTSE 250 Company
Are there any other companies in the middle of the above that I should be interested in (not companies owned by other companies) (i.e Best Invest)?

Linton

Starwarsb2b said:

So this discussion has helped me.  Here's my thinking:
HL - Own platform - FTSE 100 Company
AJ Bell Own platform - FTSE 250 Company
Are there any other companies in the middle of the above that I should be interested in (not companies owned by other companies) (i.e Best Invest)?

The difference doesnt make sense to me.  Groups are often structured as a heirarchy of separate companies purely for financial or tax reasons to keep their accounts distinct.  Whether this is the case of BestInvest, or come to that HL and A J Bell I have no idea.  Google tells me that BestInvest is a brand of Tilney Smith & Williamson.  

[Deleted User]

Starwarsb2b said:

So this discussion has helped me.  Here's my thinking:
HL - Own platform - FTSE 100 Company
AJ Bell Own platform - FTSE 250 Company
Are there any other companies in the middle of the above that I should be interested in (not companies owned by other companies) (i.e Best Invest)?

Hi,

I suggested INTERACTIVE INVESTOR in a previous post, maybe you missed or not what you were looking for.

Oh, you have to click the link, or just google it.