Circa5000 abandons platform business, transfers clients to AJ Bell

Circa5000 to focus on five ETFs

Close-up Of A Businessman Passing Golden Relay Baton To Colleague


Circa5000 has decided to close its platform business, transferring current clients to AJ Bell while it focuses on its five ETFs which launched in 2023.

Circa5000’s help page for investors said while the ETFs will no longer be available for purchase through Circa5000 directly, they will continue to trade on the London Stock Exchange and be available on other platforms.

See also: Circa5000 launches impact-focused ETF range

On the firm’s website, customer experience executive Jane Mooney said: “This is a big decision for us and not one we take lightly. We feel like this is the best way to continue our mission of making impact investing accessible to everyone and is ultimately the best decision to provide a long term and secure home for you and your investments.

“We have got to know the AJ Bell team over a number of years and are confident that they have the scale, technology and customer service levels to continue to deliver a great investment platform for you.”

Mooney also noted that any historic documents investors would like to keep from their accounts will not be transferred to the AJ Bell account and should be downloaded. For those not wanting to move to AJ Bell but to a different platform, Mooney said to complete the transform form for the new provider by 11 March.

AJ Bell manages investments for over 499,000 customers with both DIY investor platforms and professional adviser solutions.

“We’re pleased to welcome customers of Circa5000 to AJ Bell’s low-cost investment platform, providing them with a simple, straightforward way to continue managing their investment accounts,” a spokesperson for AJ Bell said.