SJP unveils ‘smarter cash’ management platform
St James’s Place has partnered with London fintech group Flagstone to offer clients a new online cash management platform.
St James’s Place has partnered with London fintech group Flagstone to offer clients a new online cash management platform.
UK-based wealth manager St James’s Place (SJP) has reported net inflows of £1.99bn in the first quarter of 2017, bringing assets under management (AUM) to nearly £80bn, helped by solid growth in its pensions business.
St James’s Place has launch the international investment plan (IIP), an investment-linked assurance scheme (ILAS), in Hong Kong.
Globaleye’s managing director has departed with immediate effect, as St James’s Place is to lose its chief executive of 11 years at the end of 2017. Indosuez Wealth Management has bolstered its Midde East team with two appointments.
David Bellamy, chief executive of St James’s Place (SJP), will step down from his role at the end of 2017 as the group’s Asian business reports a £13.2m (€15.5m, $16.4m) loss.
St James’s Place, one of Britain’s biggest wealth managers, has come under fire for paying its advisers using an ‘air miles’ type system which rewards them with trips and jewellery for bringing in high levels of client investment.
As the UK approaches the end of another tax year, Tony Müdd, divisional director for development and technical consultancy at St James’s Place, talks through how to make the most of all the allowances and exemptions available.
St James’s Place is set to roll out services from discretionary fund manager Rowan Dartington across its Asian operations during the first half of this year, according to Mike Gravestock, international partnership director.
St James’s Place, one of Britain’s biggest wealth managers, has come under fire over claims it will not be caught by an incoming cap on exit charges.
St James’s Place has expanded its presence in Asia as it moves from servicing expats and looks to target the region’s high net-worth individuals (HNWIs), said Mike Gravestock, partnership director for Asia and international.
Almost two fifths (38%) of British workers are interested in a career that enables them to give people advice on their investments and finances, according to new research by St. James’s Place Academy.
St James’s Place has reached a record £71bn ($86bn, €76bn) in funds under management after a bumper year helped by the acquisition of UK wealth manager Rowan Dartington.