Wealth manager St James’s Place says 200 newly-qualified financial advisers have graduated its Financial Adviser Academy.

Wealth management giants St James's Place and Rathbones have both previewed the launch of new TV-focused advertising campaigns focusing on the value of financial advice.

Tony Wickenden, founder of adviser support provider Technical Connection, will launch a new independent firm when St James's Place ends its support for the wider advice market through the business.

Three financial advisers have joined the St James’s Place partnership, with two joining from Fairstone.

Wealth manager St James’s Place (SJP) says four experienced Financial Planners have joined the firm as Appointed Representatives (ARs), adding their partner practices to the network. 

Net inflows at wealth manager St James’s Place fell by £1.1bn in the first half to 30 June from £3.8bn to £2.7bn, the company reported today.

Chris Teschmacher has been appointed director of the CIO Office at wealth manager St James’s Place, serving as a link between the wealth manager’s investment team and its adviser partners.

Eight Financial Advice has acquired Banbury-based fellow St James’s Place partner practice Swann Financial for an undisclosed sum.

Net inflows for St James’s Place (SJP) fell 10% to £1.53bn in the first quarter (Q1 2025: £1.69bn).

Wealth manager and Financial Planner St James’s Place has completed its 5000^th transaction under its succession scheme proposition.

Financial advice firms have welcomed the FCA’s proposal to remove the annual review requirement for advisers providing ongoing pensions and investment services.

Client satisfaction, employee engagement and adviser retention all dropped for wealth manager St James’s Place in 2025.

The remuneration committee at wealth manager St James's Place has proposed increasing the potential bonus for CEO Mark Fitzpatrick from 200% to a maximum of 250% of base salary following a fall in his total remuneration package in 2025.

Net inflows for St James’s Place rose 42% year-on-year to 6.16bn in 2025 (2024: £4.33bn).

Wealth manager St James’s Place (SJP) has adjusted its portfolio positioning to maintain ‘resilience in a late-cycle market environment.

Whilst the Budget may appear to have been less dramatic than feared by financial advisers, others said that the package of measures could prove harmful for their clients.

Wealth manager St James’s Place has reported that funds under management have topped £200bn in assets for the first time, climbing 12% in the year to date to reach £212.39bn.

St James’s Place has added four new passive fund-of-funds to its Polaris range, in its first purely passive launch.

Financial Planning and wealth management group AFH has recruited two senior staff from St James’s Place to drive new growth initiatives.

Wealth manager St James’s Place has reported record funds under management of £198.5 billion in its latest six month period (31 December 2024: £190.2 billion), in half year results out today.