Hargreaves Lansdown Share Price (HL.)

Robin Hood is launching Q1 next year and has been impressed by waiting list. Woodford saga is another reason plus the high cost of dealing must come down. Annual charges will have to come down too. All these just to stay relevant not necessarily competitive.

Interesting opinion, and it is certainly possible that they have lost users. But since July, they still acquired alot of customers and i did read a study saying that under 50% of current users researched other platforms and the high fees did not bother them. I'm a bit of an amateur on hl tbh, but i'm sure alot of their revenue comes from funds right?

AJ Bell have their first ever finals as a quoted company out in a month, it will be very interesting to see if they are continuing to pick up market share as their last update showed they were.
My guess it is coming from HL in the main, they are a lot cheaper than HL.
I fancy HL's glory days are over, killed by costs & Woodford

Depends on competition, if American brokers expand into U.K then HL would plunge by 50%. Vanguard is launching Sipp soon so that would knock HL by 10%. If U.K investors stop being stupid and buy ETFs instead of Woodford and other fake funds then another 30% off HL.
HL is not sustainable and trying to fleece customers has never been sustainable. HL needs to look at what vanguard is doing ASAP.

I’m a customer but an unhappy one. I think HLis run primarily for the shareholders with multiple charges. My main gripe is their focus is not the customer except as a font of income. The web site guides customers to funds making it difficult to search for ETFs and investment trusts. No interest is paid on cash balances .. they think recommending external saving accounts is a proper service. Their stock dealing service charges at nearly £12 a pop is a world high .. US companies have now gone to zero .