The firm acts as intermediary for a number of different fund and share dealing platforms.
In January 2018 the company was acquired by Wealth Club, a Bristol-based specialist broker of tax-efficient investments.
[2] After talks with competitor Intelligent Money in late 2012, Clubfinance was able to buy its direct to consumer client book, including assets under management of around £100m.
[3] In 2013 it also acquired the client book of Ivan Massow's Paymemy.com business, which was experiencing financial difficulty.
[4] Following the Retail Distribution Review, the company changed the charging structure of its share dealing service, making its annual percentage fee lower but the charge per trade higher.