It is 33 years since Stephen Lansdown and I formed Hargreaves Lansdown with the admittedly ambitious plans to become the UK's biggest and best investment business. I realised that only by first fulfilling Stephen's dream of being the best, could I fulfil my own of being the biggest.
We correctly assumed that doing the right thing by our clients would be the formula for success. We shunned high-commission products, much to the amazement of our competitors, because many offered poor returns. Today, just offering great value is not enough – continually improving the tools, information and service available to our clients is at the heart of our approach.
Today our clients enjoy a whole host of services we could never have envisaged back then. If you wanted a valuation, you usually had to contact each of the companies you held funds with individually. In those days it was an onerous process to sell or buy. Dividends had to be individually banked, and complicated application forms had to be completed when investing.
No news or research item is a personal recommendation to deal. All investments can fall as well as rise in value so you could get back less than you invest.
Investing has never been easier. You can invest online or by telephone in minutes, and it's just as easy to get a valuation of your entire portfolio.
We provide an administration system which previously only the exceedingly wealthy could afford. Many rich people employ the services of what is called a 'family office' to administer their investments. This incorporates staff and premises, and their associated costs. It is my considered view that our Vantage Service offers most of the advantages of a family office.
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.