have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . february 2014 learn how and when to remove this template message clubfinance ltd type limited industry financial services founded 2002 headquarters hemel hempstead uk area served united kingdom key people david scrivens director philip rhoden director products isas vcts eiss oeics unit trusts shares pensions annuities mortgages life insurance services discount brokerage sharedealing platform number of employees 9 subsidiaries clubfinance project finance ltd website www.clubfinance.co.uk clubfinance is a financial services company based in hemel hempstead . the firm is an execution only discount brokerage specializing in selling tax efficient investments such as venture capital trusts and enterprise investment schemes to private investors . the company also has a fund and sharedealing service aimed at experienced investors . contents 1 history 2 operations 3 services 4 references history edit the company was founded in 2002 by david scrivens and philip rhoden who ran the company from david s spare bedroom until the company moved into offices in 2005 . clubfinance diversified into providing financial modelling services until the modelling services were demerged into a separate company clubfinance project finance in may 2012 . in july 2012 the company launched its sharedealing platform in conjunction with stockbroker james brearley targeted at investors that traded shares more than once a month . 1 operations edit after talks with competitor intelligent money in late 2012 clubfinance was able to buy their direct to consumer client book including assets under management of around 100m . 2 the next year it also acquired the client bank of ivan massow s paymemy.com business which was experiencing financial difficulty . 3 following the retail distribution review the company changed the charging structure of their sharedealing service making their annual percentage fee lower but their charge per trade higher . 4 services edit the company offers no advice and therefore only caters to clients who manage their own investments . this allows it to rebate some of the commission it receives from the products back to its clients . references edit clubfinance offers 50p share dealing service citywire clubfinance acquires intelligent money s d2c business fundweb clubfinance tells massow clients to seek advice ftadviser clubfinance introduces flat annual rate for execution only platform ifaonline retrieved from https en.wikipedia.org w index.php title clubfinance & oldid 596172504 categories companies based in hertfordshirefinancial services companies of the united kingdomcompanies established in 2002hidden categories wikipedia articles with possible conflicts of interest from february 2014 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 19 february 2014 at 12 33 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view