Paul Abberley

Spear’s Review

Paul Abberley arrived at the helm of Charles Stanley in 2015, tasked with reviving the fortunes of a one-time City powerhouse then perceived — at least going by its stagnant share price — to have been resting on its laurels.

Under Abberley’s leadership, the 250-year old wealth manager (first listed on the London Stock Exchange in 1852) found its stride again. Within two years, key metrics – assets under management and core business revenues – were moving firmly in the right direction.

This turnaround did not go unnoticed. In 2021, the money manager was the subject of a successful takeover bid by US wealth management powerhouse Raymond James. Raymond James Wealth Management, the newly created business that comprises Charles Stanley and Raymond James Investment Services, has combined AuM of £40 billion.