Results: JIM

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BREAKING Winnileaks special: The Jarvis blow up Letter sent to model B clients who have sinned

A good portion of the business of Jarvis Securities (JIM) is providing the back office and custiodial functions for small brokers which don't have the scale to do this for themselves. Clients include the disgraced Pello. It seems that a number of such firms have been onboarding the sort of clients who engage in certain practices which the FCA might frown on. And thus the FCA has forced Jarvis to halt all Model B clients from taking on new clients while a hugely expensive external consultant establishes what has been going on and what remedial action needs to be taken. Thanks to Winnileaks, the letter Jarvis sent is below.

EPIC JIM
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JIM Has Suffered Along with Most Stock Brokers, but Perhaps Happier Days Beckon

Hello Share Grumblers. Like most sensible armchair tycoons these days, I trade with more than one broker. We all need to be careful following the crash of Beaufort Securities when it turned out that, in some circumstances, shares were not ring-fenced at all (though, after anxious interludes, it turned out ok in the end). But I have a lot of faith in a smallish broker called Jarvis (JIM), which serves many investors under the brand name x-o.

EPIC JIM
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Lucky JIM Should Benefit from the World's Big Issues to Boost Business

Hello, Share Chirpers. Share brokers do well in times of uncertainty. When there’s big volatility, folks like us do more trading. And brokers don't care whether we sell or buy as long as some dealing is going on. We’ve had a lot of uncertainty for more than two years now. And so there seems to me a possibility that my favourite broker will be making bigger profits than usual.

EPIC JIM
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JIM the Broker Makes Dough from the Stay at Home Army and Could Continue to Shine After Covid

Hello, Share Thrashers. When Beaufort Securities went belly up, I determined never to have so many shares with one broker. The FCA’s compensation scheme is pretty limited per company. One of the best deals from online stockbrokers I could find was Jarvis Securities (JIM). I already had a modest number of shares with them, but I transferred all my shares previously held with Beaufort to them.

EPIC JIM
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Jarvis Can Be Cocker About its Results and the Future could Be Bright

Hello Share Twirlers. One of the many consequences of the collapse of Beaufort Securities is that I had to find several other brokers. I needed to spread my shares around without falling foul of the FCA’s rather modest cut-off limit for compensation should a broker hit the skids. One of the companies I chose was Jarvis Securities (JIM)...

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