Whitehall Securities Corporation Ltd was formed in 1907 by Weetman Pearson MP and his son Harold Pearson MP. Sir Weetman was nominated as President as well as being a founding director. The company was capitalised at £1,000,000. On 12 December 1990 the company name was changed to Pearson Management Services Ltd. The company formed part of what is now the Pearson PLC group of business interests.