Close Brothers Group Plc operates as a merchant banking group, which provides lending, deposit taking, securities trading and wealth management services. The company operates its business through the following divisions: Commercial Finance, Retail Finance, Property Finance, Securities and Asset Management. The Securities division provides access to securities and offers related services to retail brokers, asset managers and institutional investors through the Winterflood group. The Asset Management division provides financial planning and investment service to business owners, professionals, retirees and high net worth individuals. Close Brothers Group was founded by William Brooks Close in 1878 and is headquartered in London, the United Kingdom.