We segmented data on SIC codes related to financial services from UK Companies House as at 16.05.23 and found some interesting insights regarding company officers.
Pension funds have the highest average number of officers
Pension funds have the most number of company officers at 3.46 while OEICs have the least at 1.77.
Most banks only have 1 company officer
56% (751) banks have 1 company officer while 20% have 2 officers. Only 13% have 5 officers or more.
Over a third of financial services holding companies only have 1 company officer
38% (3520) of financial services holding companies have 1 company officer while 30% have 2 officers. Only 8% have 5 or more officers.
Half of investment trusts only have 1 company officer
50% (1824) of investment trusts have 1 officer while 29% have 2 officers. Only 8% have 5 or more officers.
Most unit trusts have 2 officers
34% (70) of unit trusts have 2 officers while 32% have 1 officer. 16% have 5 or more officers.
Only 5% of venture and development capital companies have 5 or more officers
46% (2267) of venture and development capital companies have 1 officer while 31% have 2 officers. Only 5% have 5 or more officers.
Only 3% of open-ended investment companies have 5 or more officers
51% (3165) of open-ended investment companies have 1 officer while 33% have 2 officers. Only 3% have 5 or more officers.
Pension funds have the most company officers in the financial services segment
23% (314) pension funds have 1 officer while 24% have 2 officers. Reassuringly, 25% have 5 or more officers.
Over a third of fund managers have only 1 officer
44% (3081) of fund managers have 1 officer while 29% have 2 officers. Only 7% have 5 or more officers.