About Charles Stanley
Legal and regulatory
Information about the corporate governance of Charles Stanley, our parent company Raymond James and our capital history.
Board of Directors
Sandy Kinney Pritchard
Chair & Independent Non-Executive Director
Raymond James Wealth Management Limited
Charles Stanley & Co. Limited
Sandy Kinney Pritchard joined Charles Stanley in February 2024 and is Chair and Independent Non-Executive Director of the Board of both Raymond James Wealth Management Limited and Charles Stanley & Co. Limited. In addition, she is Chair of the Nomination Committee and a member of the Remuneration Committee. She is also Chair and Independent Non-Executive Director of Raymond James Investment Services Limited.
Sandy has had a distinguished career within the financial services industry, having previously been a lead Audit Partner at KPMG and PwC, and she has also held a number of Non-Executive positions across the financial services industry. Sandy is currently Independent Non-Executive Director and Chair of the Audit Committee of AIB Group Plc. Prior to joining Charles Stanley, she was Independent Non-Executive Director and Chair of the Audit and Remuneration Committees of Credit Suisse (UK) Limited.
Kim Jenson
Interim Chief Executive Officer
Raymond James Wealth Management Limited
Charles Stanley & Co. Limited
Kim Jenson is the Interim CEO of Raymond James Wealth Management and Charles Stanley & Co. Limited, and she is responsible for overseeing the Raymond James UK wealth management business. Kim is an Executive Director of the Board of both Raymond James Wealth Management and Charles Stanley & Co. Limited. Kim joined from Raymond James Financial, Inc. in the US where she was Chief Operating Officer for Raymond James’ US Private Client Group. Kim has relocated to the UK as part of her new interim role.
Kim has more than 40 years of financial services experience. Prior to joining Raymond James in 2017, she held senior leadership roles at both UBS and Piper Jaffray. She began her career with Norwest Bank Minnesota (now Wells Fargo) and the Security State Bank of Fergus Falls, Minnesota. Since joining Raymond James, she has led several internal teams, including PCG Strategy & Planning, Associate Financial Services, Investment Central, PCG Education & Practice Management, AdvisorChoice Consulting, Succession & Acquisition Planning, and Adviser Inclusion Networks, as well as the firm’s Private Wealth and Sustainable Investing initiatives. Her industry leadership experience includes correspondent banking, treasury management, trust and investment services, product development and sales, wealth management field management, coaching and development, and recruiting.
An active member of both local and international communities, she has served on the board of trustees for the Minnesota Orchestra, Minnesota Public Radio, Chicago Foundation for Women, Stanley Manne Children’s Research Institute, Johns Hopkins All Children’s Hospital and Friends of gong Road.
Francesca Hampton
Chief Financial Officer
Raymond James Wealth Management Limited
Charles Stanley & Co. Limited
Francesca Hampton is a chartered accountant and joined Charles
Stanley in February 2024 as Group Chief Financial Officer. Francesca is an
Executive Director of the Board of both Raymond James Wealth Management Limited
and Charles Stanley & Co. Limited. She is also an Executive Director of
Raymond James Investment Services Limited and an Independent Non-Executive Director Market Harborough Building Society.
Prior to joining Charles Stanley Francesca was CFO of Cynergy Bank, a fast-growing Specialist Lender, and before that, she spent 19 years at NatWest/RBS, where she held a variety of senior positions across the Commercial Corporate and Investment Banking Divisions, including CFO of Lombard, RBS Invoice Finance and RBS Global Transaction Services. Francesca was also interim Finance Director at The Co-operative Bank and Director of Finance at Metro Bank.
Hugh Grootenhuis
Independent Non-Executive Director
Raymond James Wealth Management Limited
Charles Stanley & Co. Limited
Hugh Grootenhuis joined Charles Stanley in September 2017 and is Independent Non-Executive Director of the Board of both Raymond James Wealth Management Limited and Charles Stanley & Co. Limited. In addition, Hugh is Chair of the Audit Committee and Risk Committee as well as being a member of the Nomination and Remuneration Committees. Hugh is a Non-Executive Director of Raymond James Investment Services Limited and a Trustee of the Perivoli Foundation. He is also a Director of S.W. Mitchell Capital Public Limited Company and Bridge Fund Management Limited, both of which are registered in Ireland. He was formerly Chief Executive of Waverton Investment Management Limited (previously J O Hambro Investment Management).
Marcia Campbell
Independent Non-Executive Director
Raymond James Wealth Management Limited
Charles Stanley & Co. Limited
Marcia Campbell joined Charles Stanley in October 2018 and is an Independent Non-Executive Director of the Board of both Raymond James Wealth Management Limited and Charles Stanley & Co. Limited. In addition, Marcia is Chair of the Remuneration Committee and is also a member of the Audit, Risk and Nomination Committees. Marcia is also a Non-Executive Director of Raymond James Investment Services Limited and Chair and Independent Non-Executive Director of Lookers Motor Group Limited. She was formerly Group Operations Director and Chief Executive Officer of Asia Pacific at Standard Life. In the past Marcia has sat on the Board of Directors of Sainsbury’s Bank Plc and Murray International Trust Plc, amongst others. She holds various Non-Executive positions at Canada Life Group, Willis Limited and CNP Assurances (a company listed on the Euronext Paris Stock Exchange).
Peter Moores
Executive Director
Raymond James Wealth Management Limited
Peter Moores joined Charles Stanley in January 2022 and is an Executive Director of the Board of Raymond James Wealth Management Limited. Peter is Chief Executive Officer and Executive Director of the Boards of Raymond James Investment Services Limited and Raymond James Financial International Limited and has responsibility for all Raymond James activity in the UK.
Peter started his career with Chase Manhattan Bank initially as a Relationship Manager in the Financial Institutions Group through to Vice President, Regional Sales Director at Chase Asset Management for Europe. Peter was also Head of Corporate Development at DAB Bank AG before being appointed Chief Executive Officer of its subsidiary, SELFtrade UK. He serves as a Board member-designate of the Chartered Institute for Securities and Investment and chairs the Institute’s Membership Committee and is also an LGBT Great Executive Sponsor and ambassador for Co-operation Ireland’s Youth Leadership Programme.
Tash Elwyn
Non-Executive Director
Raymond James Wealth Management Limited
Charles Stanley & Co. Limited
Tash Elwyn joined Charles Stanley in January 2022 and is a Non-Executive Director of the Board of both Raymond James Wealth Management Limited and Charles Stanley & Co. Limited. He is a member of the Risk Committee and Nomination Committee and is also a Non-Executive Director of Raymond James Investment Services Limited.
Tash started his career at Raymond James in 1993 where he has held various roles and, since October 2024, has held the position of President of Raymond James’ Private Client Group, having previously been President and Chief Executive Officer of Raymond James & Associates since 2018 He serves as a member of the Raymond James Executive Committee, and as a Board member of Raymond James Ltd, Raymond James Financial Services, Raymond James Investment Services Private Client Group and Raymond James & Associates.
Gala Wan
Non-Executive Director
Raymond James Wealth Management Limited
Charles Stanley & Co. Limited
Gala Wan joined Charles Stanley in January 2022 and is a Non-Executive Director of the Board of both Raymond James Wealth Management Limited and Charles Stanley & Co. Limited. She is a member of the Risk Committee and Audit Committee and is also a Non-Executive Director of Raymond James Investment Services Limited.
Gala is the Divisional Chief Risk Officer of Raymond James Financial, Inc. covering the Bank & Trust, Asset Management, and International divisions. Gala joined Raymond James in 2008 where she worked on special projects for the CEO and Chair before joining Raymond James Financial Risk Management in 2010. She has substantial experience in building successful risk management programs firm-wide and implementing transformational changes across the business, in line with regulatory expectations. Prior to joining Raymond James, Gala worked in investment banking and corporate strategy.
Paul D. Allison
Non-Executive Director
Raymond James Wealth Management Limited
Charles Stanley & Co. Limited
Paul Allison joined Charles Stanley in September 2022 and is a
Non-Executive Director of the Board of both Raymond James Wealth Management
Limited and Charles Stanley & Co. Limited. He is a member of the
Audit, Risk, Nomination and Remuneration Committees and is also a Non-Executive
Director of Raymond James Investment Services Limited.
Paul is Chair of Raymond James Ltd and Raymond James Financial International Limited. Prior to joining Raymond James, Paul was Executive Vice President and Vice-Chair at Merrill Lynch Canada, as well as co-head of its Investment Banking business. Paul was also Head of Equity Capital Markets at BMO Nesbitt Burns, one of Canada's leading bank-owned investment dealers. He is an active volunteer at various charitable and industry organisations.
Sir David Howard
Chair Emeritus
Raymond James Wealth Management Limited
Sir David Howard joined Charles Stanley in 1967 and became Managing Partner in 1971, Managing Director in 1988 and Chair in 1997. Sir David retired from his position as Chair of the Board of Raymond James Wealth Management Limited in September 2023 and now holds the distinguished position as Chair Emeritus following his years of outstanding service to Charles Stanley. Sir David served as Lord Mayor of London from 2000 to 2001 and for many years as a Director of the Chartered Institute for Securities and Investment (CISI). Sir David has also served as a Director of the Financial Services Skills Council, Chair of the Council of City University, President of the Chartered Management Institute, Chair of the CISI Examinations Board and as a Director of the Personal Investment Management and Financial Advice Association. He was also an alternate member of the Takeover Panel and serves on the CREST Settlements Appeals Panel.
Acquisition of Charles Stanley Group
by Raymond James Financial, Inc.
On 29 July 2021, the directors of Charles Stanley Group PLC and Raymond James Financial, Inc. announced that they had reached agreement on the terms of a recommended acquisition by its wholly-owned subsidiary, Raymond James UK Wealth Management Holdings Limited, of the entire issued share capital of Charles Stanley Group, which was to be effected by way of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the “Scheme”).
On 19 January 2022, Charles Stanley Group announced that the High Court of Justice of England and Wales had sanctioned the Scheme at the Sanction Hearing held that day. The Scheme became effective on 21 January 2022 in accordance with its terms and the entire issued share capital of Charles Stanley Group is now owned by Raymond James UK Wealth Management Holdings Limited.
Following an application on behalf of Charles Stanley Group, the Financial Conduct Authority cancelled the listing of Charles Stanley Shares on the premium listing segment of the Official List and the London Stock Exchange cancelled the admission to trading of Charles Stanley Shares on the Main Market of the Exchange for listed securities on 24 January 2022.
Charles Stanley Group PLC was re-registered as a private company on 7 February 2022 under the name of Charles Stanley Group Limited. It subsequently changed its name to Raymond James Wealth Management Limited on 1 December 2023.
Our Directors' statement
Section 172 of the Companies Act 2006 requires the Directors to act in a way that they consider to be in good faith, would be most likely to promote the success of the Company for the benefit of its members as a whole.
In doing so the Directors have regard (among other matters to):
- the likely consequences of long-term decision making
- the interests of the Company’s employees
- the need to foster the Company’s business relationships with suppliers, clients and others
- the impact of the Company’s operations on the community and the environment
- the desirability of the Company maintaining a reputation for high standard of business conduct
- the need to act fairly between members of the Company
Sandy Kinney Pritchard, Hugh Grootenhuis and Marcia Campbell are independent non-executive directors. Following the acquisition by Raymond James, the Board has also welcomed Tash Elwyn, Gala Wan and Paul Allison as non-executive directors. The Directors believe this ensures there is robust oversight of the executive function, so that strategic decisions are made under proper scrutiny and challenge, in each case having due regard to the likely impact on relevant stakeholders.
Disclosures
MIFIDPRU disclosure
This MIFIDPRU disclosure has been prepared in accordance with the UK Financial Conduct Authority (FCA) Prudential Sourcebook for MiFID Investment Firms (“MIFIDPRU”). It provides information in relation to Charles Stanley's risk exposure, the risk management framework as well as capital management.
Tax Strategy Disclosure
The publication of this UK Tax Strategy is considered to fulfil our obligation under Schedule 19 of the Finance Act 2016.