Stern Levenson

Stern Levenson are the UK’s leading asset recovery specialist. Over twenty three years Stern Levenson have built a reputation for quality service based on honesty, integrity and efficiency in the niche market of asset recovery. Using their experience of the financial markets, partners Howard Stern and Maurice Levenson created Stern Levenson and have since built up a highly respected company that is way ahead of competitor’s in the field.

In the UK alone there are approximately £15 billion of unclaimed assets. Specialists such as Stern Levenson seek out and identify those assets then trace the claimants who have rightful ownership. While all financial institutions make every possible effort to keep accurate records on their customer databases there are always times when the lines of communication cease for some reason. When this happens, Stern Levenson steps in. Using public records, historical company records and skills gained through experience Stern Levenson track down the claimants and set up the process of converting the unclaimed asset into cash.

Stern Levenson operates asset recovery through a number of sectors. These include but are not exclusive to; dormant bank and building society accounts; unpaid share dividends and dissentient share registers; pensions; insurance policies and Scheme of Arrangement payments. Once an asset has been identified as unclaimed and Stern Levenson have traced the potential beneficiary, most cases are resolved in less than six weeks. Stern Levenson operate a ‘no win, no fee’ policy to protect claimants in the rare circumstance that monies owed to them cannot be released.

A particularly memorable case Stern Levenson completed recently involved the distribution of a deceased estate they had located. The family in question had moved from their last known address in England many years ago and had a common surname, making them difficult to trace. Using Land Registry documents Stern Levenson were able to trace a former owner of the vacated property and through them the remaining family members of the deceased in question. Despite the fact that there was no clear will, Stern Levenson were able to make sure that the estate went straight to the daughter of the deceased.

Outside his work for Stern Levenson, Maurice Levenson is further committed to serving the public good. He is closely involved with a number of charities working with