Quilter Goodison

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Quilter Goodison
Founded <1910

Quilter Goodison was a prominent stockbroking firm based in London, England. It played a significant role in the financial markets of the United Kingdom, particularly during the mid-20th century, before being acquired by Commercial Union in 1988.


Quilter Goodison traced its origins back to the firm H.E. Goodison & Co, which was founded by Henry Edmund Goodison in 1910. The firm was part of a stockbroking dynasty, with Henry Goodison's son, Edmund Harold Goodison, becoming a partner in the family business.

In 1969, H.E. Goodison & Co merged with another firm, Quilter & Aitchison, to form Quilter Goodison & Co. The newly merged entity specialized in broking property company shares to institutional investors and serving private clients.

Leadership and the Big Bang[edit]

Edmund Harold Goodison's son, Nicholas Proctor Goodison, joined the family firm in 1958 after graduating from the University of Cambridge. He became a partner in 1962 and eventually took over as chairman in 1975.[1]

Nicholas Goodison played a pivotal role in the transformation of the London Stock Exchange during the "Big Bang" in 1986. The Big Bang was a series of reforms that deregulated the financial markets in London, abolishing fixed commission charges and allowing the entry of outside firms, such as banks, into the securities market.[2]

Goodison, who had been elected chairman of the London Stock Exchange in 1976, was a strong advocate for these changes, believing that the traditional separation of roles and fixed commission system was outdated and hindering London's competitiveness as a global financial center.

Acquisition and Later Years[edit]

In 1988, Quilter Goodison was acquired by Commercial Union, marking the end of its independent operations. Following the acquisition, Nicholas Goodison left the firm and went on to serve as the chairman of TSB Group from 1988 to 1995, and later as the deputy chairman of Lloyds TSB Group from 1995 to 2000.

The Quilter Goodison name lived on through various mergers and acquisitions, eventually becoming part of the Quilter Cheviot Investment Management firm, which was acquired by Old Mutual Wealth in 2015.