Member Info for Thunderbird2

I can definitely recommend AJ Bell - Jarvis moved my SIPP there a few months ago and can't praise it enough.

The quality of the Board has to be equally excellent (and open and honest). There have been some key resignations over the past 2/3 years which speaks volumes.

Absolutely right and well said Matt!

The only developments will be as a result ion trying to retain staff who will all be out of a job when this wind down is over. Grant will retire nowhere as rich as would have been before the rot got found out and the poor sucker investors will nee left counting the losses.

Jarvis runs the execution only service LSE advertise.

Did anyone else notice that Andrew Grant resigned from the JIM Board on the 31st March - just before the price crash and announcement that the business is being sold? It very much sounds like the business was unsaveable and the FCE demanded an orderly wind down!

Does anyone know the Feb dividend is not being paid - lots of large sellers yet no announcement?

Having had a month of trading my newly moved SIPP with AJ Bell , I have to say I'm well impressed. Its the same underlying dealing platform but light years away in terms of the the pitiful offering from Jarvis - and I get interest on my spare cash as well! The question has to be where/how on earth does Grant expect to grow the Jarvis business when their competitors have a much better proposition for a cheaper price, and like Rachel Reeved he seems to think growth can just be conjured up on a wing and a prayer. Ive now opened a dealing account with AJ Bell and will slowly deal away from Jarvis leaving just my miserable declining Jarvis stock with them. What happened to updating us poor suffering shareholders? I would even consider buying more and average down if there was any sign of life and something positive coming from him but am stubbornly refusing to sell at a loss. Rant over.....

About time we had a New Year Resolution from Grant - update the long suffering shareholders and be honest for once!

I've made a number of complaints over the last couple of year including FX rates, interest rates, misleading communication, very poor customer service .......

Sounds like another Andrew Grant money spinner! Make a complaint - the Ombudsman can add it to the list

Can't see why it will be going up anytime soon, if at all! Great results from AJ Bell this morning which evidences how a company should be run. Absolutely no growth strategy from Jarvis - indeed the SIPP business is being transferred from Jarvis to AJ Bell this month , probably at the expense of Jarvis so once those clients realise its the same platform but a better service we will see a further exodus of clients.

Since when was Grant ever transparent with the shareholders! !?

Alternatively the FCA may have found so many issues that are wrong with the Company that they would ordinarily close them down but logistically this would be a nightmare scenario for private clients and Model Bs (assuming there are any left) so they have decided to allow trading whilst Jarvis gets its act together. Whoever provides the technology (think its JHC) are not going to be cheap or quick in execution. Suggest you save your money on Private Investigators Al and accept that the FCA are simply doing their job and may have uncovered a whole pile of the stinky stuff. As an investor in Jarvis and with my dealing accounts also there I would rather the FCA do their job and keep my assets risk free.

Or are the Grant family bailing out as they know the result of the FCA investigation?

Probably a large seller out there somewhere. I can see the share price do nothing but go down - very poorly run company with a modern day miser at the helm surrounding himself with ''yes men' or, in this case, women. What goes around comes around Mr Grant!!

Nope don't understand the drop either - very strange

Loss of corporate clients (exact number unknown but if they haven't been allowed to take on new business ) then a substantial amount one would think so where's the growth coming from? Reputational damage continues the longer the investigation continues. Interest rates (which contributes to the only profitable part of the business as its cash on deposit) is shortly going to come down. I would like to see some openers and honesty to we shareholders. I would love to buy more and average down but on little to no information from the MD then not willing to risk yet more money.

How can you say too cheap when the Skilled Person report outcome has yet to be resolved after a year and a half?

Because I would dearly like to get my money back on my investments Reebus - this seems more and more unlikely given the way the company is being run. As for Grant retiring, its about time but suspect its unlikely to be any time soon.