Curtis Banks is a financial services company based in Bristol, United Kingdom.
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| Company type | Public limited company |
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| Founded | 2009[1] |
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Key people | |
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Number of employees |  600[2] |
| Website | curtisbanks |
Founded in 2009, it is one of the UK's largest independent providers of Self Invested Personal Pension schemes (SIPP) and Small Self Administered Pension Schemes (SSAS) with over £37.4bn of assets under administration.[3] The company holds offices in Bristol, Dundee, and Ipswich.[2]
Since its inception, Curtis Banks is said to have shown "a willingness to take over existing SIPPs",[1] first by acquiring Montpelier Pension Administration Services for £399,999 in May 2011 and then the full SIPP business from Alliance Trust Savings[4] for £7m[5] in January 2013.[6] After the ATS deal, it set up an office in Dundee's City House with around 40 members of staff brought over from Alliance Trust.[2]
In January 2019, it launched its new 'Your Future SIPP', a fully digital product replacing its historical SIPP offerings.[7] On 23 July 2020, Curtis announced agreements to acquire the SIPP and SSAS operator Talbot and Muir for a total consideration of up to £25.25m, and financial technology provider Dunstan Thomas for a total consideration of up to £27.5m. [8]
On September 26, 2023, Nucleus Financial Platforms completed the acquisition of Curtis Banks.[9]
References
edit- ^ a b "Curtis Banks". Archived from the original on 15 July 2014. Retrieved 14 July 2014.
- ^ a b c "Curtis Banks Interim Results for 6 months to 30 June 2019" (PDF). Curtis Banks. 4 September 2019. Retrieved 5 September 2019.[permanent dead link]
- ^ "Curtis Banks expects rising interest rates to boost performance". 31 March 2022.
- ^ "Platform focus: Alliance Trust Savings". Money Marketing. 19 June 2014. Retrieved 14 July 2014.
- ^ Selby, Tom (8 May 2014). "Curtis Banks reveals details of £7m ATS Sipp acquisition". Money Marketing. Archived from the original on 15 July 2014. Retrieved 14 July 2014.
- ^ Robins, William (19 October 2012). "Curtis Banks buys £3bn Alliance Trust Sipp business". New Model Adviser. Archived from the original on 16 July 2014. Retrieved 14 July 2014.
- ^ Turton, Jennifer (22 January 2019). "FT Adviser". FT Adviser.
- ^ "Curtis Banks buys rival and supplier for £53m". ftadviser. 23 July 2020. Archived from the original on 2020-07-24. Retrieved 21 September 2020.
- ^ "Nucleus completes acquisition of Curtis Banks 8 months after cash buyout". Money Marketing. 26 September 2023. Retrieved 2023-10-05.