Curtis Banks

Curtis Banks is a financial services company based in Bristol, United Kingdom and is one of the UK's largest independent of providers of Self Invested Personal Pension schemes (SIPP) and Small Self Administered Pension Schemes (SSAS) with over £28.6bn of assets under administration.[3] It holds offices in Bristol, Dundee, and Ipswich.[2]

Curtis Banks Group PLC
TypePublic limited company
Founded2009[1]
Founder
  • Rupert Curtis
  • Chris Banks
Key people
  • Will Self (CEO)
  • Jane Ridgley (COO)
  • Dan Cowland (CFO)
Revenue
  • GBP£48.9 million (2019)
  • GBP£46.1 million (2018)
  • GBP£13.4 million (2019)
  • GBP£12.1 million (2018)
Number of employees
600[2]
Websitecurtisbanks.co.uk

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, Curtis Banks set up an office in Dundee's City House with around 40 members of staff brought over from Alliance Trust.[2]

Will Self became Group CEO of the Curtis Banks Group in January 2019.[7]

In January 2019, Curtis Banks launched its new 'Your Future SIPP', a fully digital product replacing its historical SIPP offerings.[8]

On 23 July 2020, Curtis Banks 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. [9]

References
  1. "Curtis Banks". Archived from the original on 15 July 2014. Retrieved 14 July 2014.
  2. "Curtis Banks Interim Results for 6 months to 30 June 2019" (PDF). Curtis Banks. 4 September 2019. Retrieved 5 September 2019.
  3. Godfrey, Hannah (5 September 2019). "Curtis Banks poised to consolidate SIPP Market". Professional Adviser. Retrieved 5 September 2019.
  4. "Platform focus: Alliance Trust Savings". Money Marketing. 19 June 2014. Retrieved 14 July 2014.
  5. Selby, Tom (8 May 2014). "Curtis Banks reveals details of £7m ATS Sipp acquisition". Money Marketing. Retrieved 14 July 2014.
  6. Robins, William (19 October 2012). "Curtis Banks buys £3bn Alliance Trust Sipp business". New Model Adviser. Retrieved 14 July 2014.
  7. https://citywire.co.uk/new-model-adviser/news/curtis-banks-chief-steps-aside-for-suffolk-life-boss/a1152342
  8. Turton, Jennifer (22 January 2019). "FT Adviser". FT Adviser.
  9. "Curtis Banks buys rival and supplier for £53m". ftadviser. 23 July 2020. Retrieved 21 September 2020.
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