Seymour Pierce

Seymour Pierce

Seymour Pierce is a stockbroking firm which traces its history on the London Stock Exchange back to 1845.

The company underwent a number of name changes in the 19th century, as partners came and went, and these changes are reflected in the commercial overprints used by the company in the Victorian era. Seymour Pierce overprints can be found on the Inland Revenue 1d Lilac (F19), the 1d Lilac and the Queen Victoria 1/- Contract Notes. The last stamp issue known to be overprinted is the King Edward VII 1d Red.

During the first half of the 20th century, Seymour Pierce was focused on raising funds for gas and water utility companies. The nationalisation of the gas industry in 1948 was a blow for the company’s business model, although it eventually became a broker to 28 of the 29 statutory water companies.

In 1987 Seymour Pierce was acquired by the Banl of NT Butterfield, based in Bermuda. In 1998 the business was sold on to financial group Talisman House who changed their name to the Seymour Pierce Group.

Seymour Pierce struggled financially in the following years until it was taken over by global financial services company, Cantor Fitzgerald in 2013. Today Seymour Pierce is styled as a boutique investment banking firm that provides financial advisory services. The company is well known in the world of football finance; it’s best known role was as an advisor on Roman Abramovich’s takeover of Chelsea F. C.

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