Execution-only, advice and delegated management
Sections ↑James Sharp & Co is a regional UK securities business operating from Bury. Its proposition is a relationship with a broker or investment manager, with a client portal alongside it, rather than a global leveraged-trading application. The initial account decision is the service mandate: who selects investments and whether the firm is authorised to make portfolio decisions without seeking a fresh instruction for each trade.[1]
Published service choices
| Route | Decision responsibility | What the public description establishes |
|---|---|---|
| Execution-only | The investor chooses the transaction. | No investment advice; the firm executes share-dealing instructions and provides online portfolio viewing.Source 2 |
| Advisory | A distinct advice relationship. | The firm’s service menu and execution policy identify advisory business separately from execution-only.Source 1 |
| Discretionary | An agreed investment-management mandate. | The service page states a GBP150,000 minimum, a personal investment manager and quarterly reporting.Source 3 |
The GBP150,000 threshold belongs to the discretionary service. The execution-only page does not establish that as a general opening minimum, and it would be misleading to place it in a broker-wide “minimum deposit” field. The discretionary mandate also does not turn a portal valuation into a promise that a portfolio will retain its starting value.[3]
Listed investments and fund execution
Sections ↑Instrument groups in the execution policy
| Category | Execution scope |
|---|---|
| Shares | UK and overseas equities, including preference shares.Source 4 |
| Pooled and exchange-traded investments | Investment trusts, ETFs, OEICs and unit trusts.Source 4 |
| Fixed income | Bonds and gilts through the appropriate market or counterparty.Source 4 |
HMRC’s current ISA-manager list separately identifies James Sharp & Co LLP, reference Z1341, for the stocks and shares ISA component. That is useful confirmation of an ISA administration role, but it is not a list of securities accepted into every account and is not proof of a cash ISA offering. The client’s chosen wrapper and investment mandate remain separate questions.[9]
Where the public charging evidence ends
Sections ↑The execution-only page and downloaded-resource listing inspected for this profile did not provide a public commission scale, dealing minimum, foreign-exchange tariff or withdrawal/transfer charging schedule. There is therefore no substantiated flat online fee to quote. A written, service-specific charge schedule is needed before estimating a trade or the cost of moving an existing portfolio. This is an evidence gap, not a claim that the service has no charges.[2][7]
Amounts that are actually disclosed
| Item | Published basis | Scope |
|---|---|---|
| Discretionary minimum | GBP150,000. | Eligibility for that managed service, not a transaction fee or universal account minimum.Source 3 |
| Cash interest | Bank of England Bank Rate less 2.5 percentage points. | Sterling client money only; the firm says it reflects a Bank Rate change within 31 days.Source 5 |
| Interest credit | Gross credit at the beginning of each month. | No interest on non-sterling balances; the firm retains the difference between what its banks pay and what it credits.Source 5 |
This variable nominal interest formula is not a fixed annual equivalent yield.[5]
Dealer execution and the limits of a limit order
Sections ↑Conectus is presented as the online route for viewing investment performance. The execution-only service page does not establish that clients can submit exchange orders through it. It is therefore described here as a client portal, not as a tested mobile trading app, an API or an automated dealing system.[2]
Execution rules with practical consequences
| Rule | Meaning |
|---|---|
| Best execution | Retail outcomes ordinarily use total consideration: price plus execution costs. Liquidity and other order characteristics can change the priority.Source 4 |
| Specific instructions | A client-imposed condition can constrain the firm’s best-execution process for that part of the order.Source 4 |
| Off-venue dealing | The policy allows appropriate off-venue execution with consent and identifies additional counterparty risk.Source 4 |
| Limit orders | Acceptance is discretionary; orders may be partly filled, delayed or unexecuted. The policy does not promise a universal expiry period.Source 4 |
The policy permits order aggregation and fair allocation, while acknowledging that a particular combined order can disadvantage an individual client. A series of executions can be reported at a weighted-average price, including when the series takes several days.[4]
Client cash and portfolio transfers
Sections ↑The firm publishes ISA and child-account transfer resources in its downloads area. Those establish a route to the relevant paperwork, not a universal completion deadline for cash, UK shares and overseas holdings. No public evidence inspected here supports an instant in-specie transfer or a uniform fee per holding in either direction.[7]
Before a cash or asset movement
| Operation | Established position |
|---|---|
| Funding / withdrawing cash | The client-money disclosure explains the custody arrangement, but the reviewed public materials do not set a withdrawal cutoff or payment tariff. Obtain the account-specific instructions from the firm.Source 5 |
| Transfer an ISA | Use the appropriate transfer paperwork rather than treating an ordinary cash payment as an ISA transfer instruction. The firm lists ISA transfer resources.Source 7 |
| Move individual holdings or close | Acceptance of each security, outgoing charges, pending settlements and post-closure document access were not established in the public service pages.Source 7 |
Rulegale nominee custody and the insurance claim
Sections ↑James Sharp says investments are generally pooled in Rulegale Nominees Limited, without stock lending. Sterling client money is held in designated trust accounts at other regulated banks; neither arrangement protects investment prices.[5]
The firm states insurance of up to GBP3 million per claim against its nominee company, excluding assets outside that service. Its summary does not disclose the insurer, aggregate capacity, period, excess or full exclusions. This is not GBP3 million guaranteed per customer or an amount to add to FSCS limits.[5]
Statutory protection is a separate assessment
| Issue | Relevant limit and qualification |
|---|---|
| Investment-firm failure | FSCS investment protection can cover eligible claims up to GBP85,000 per person per firm; it does not reimburse ordinary market underperformance.Source 10 |
| Bank holding client cash fails | The current eligible deposit limit is GBP120,000 per person per authorised bank, not per brokerage account. Other deposits under the same banking authorisation affect the total.Source 11 |
Service contact and complaint escalation
Sections ↑The published contact is 0161 764 4043 or [email protected], at The Exchange, 5 Bank Street, Bury BL9 0DN. The complaints procedure gives office availability as Monday to Friday, 08:00–17:00, excluding bank holidays. These contact hours should not be presented as a 24-hour emergency dealing undertaking or evidence that an email is an accepted trade instruction.[8]
The firm aims to resolve a complaint within three business days; otherwise its procedure describes acknowledgement within five business days and a final response or explanation of delay within eight weeks. The time periods answer complaint administration, not how quickly an investment order will execute.[8]
The Financial Ombudsman is a separate, free route for eligible consumers after first complaining to the firm. Normally the firm has eight weeks to respond, and an unhappy customer has six months from its final response to refer the complaint, subject to the applicable exceptions. An Ombudsman complaint and a claim following firm failure are different processes.[12]
Reporting and the managed relationship
Sections ↑The discretionary service describes quarterly reporting and access to an investment manager, with online portfolio viewing between reports. Its appeal as a service model is delegated administration and decision-making, not an evidenced claim about investment outperformance. Clients considering that route need the mandate’s reporting, risk and fee terms rather than assuming that the execution-only description governs it.[3]
Partnership identity and independent corroboration
Sections ↑James Sharp & Co is the trading name of James Sharp & Co LLP, company number OC422665. The firm’s legal notice identifies FCA reference 813845 and London Stock Exchange and Aquis membership. HMRC’s ISA-manager listing corroborates the LLP name, number, address and FCA reference for its stocks and shares ISA role. It does not substitute for a current FCA permissions extract, which was not captured in this research.[6][9]
- Headquarters
- Bury, United Kingdom
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
James Sharp & Co LLP
No separate licence entry is recorded in this panel.
Sources & further reading
- Business overview and service routes James Sharp & Co · Accessed 19 Oct 2026
- Execution-only service for individuals James Sharp & Co · Accessed 19 Oct 2026
- Discretionary portfolio service James Sharp & Co · Accessed 19 Oct 2026
- Order execution policy James Sharp & Co · Accessed 19 Oct 2026
- Client assets, cash interest and disclosed insurance James Sharp & Co · Accessed 19 Oct 2026
- Legal and regulatory information James Sharp & Co · Accessed 19 Oct 2026
- Downloads and resources James Sharp & Co · Accessed 19 Oct 2026
- Complaints handling procedure James Sharp & Co · Accessed 19 Oct 2026
- Registered Individual Savings Account managers HM Revenue & Customs · Accessed 19 Oct 2026
- FSCS investment protection Financial Services Compensation Scheme · Accessed 19 Oct 2026
- FSCS bank deposit limit Financial Services Compensation Scheme · Accessed 19 Oct 2026
- Referring a complaint to the Financial Ombudsman Financial Ombudsman Service · Accessed 19 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.