St James's Place predicts £200bn AuM by 2025 despite job cuts

clock • 3 min read

St James's Place (SJP) has announced it expects to hit £200bn AuM by 2025, despite announcing 200 job cuts throughout the financial advice firm. The global wealth management group, has today issued its annual results for the year ended 31 December 2020 announcing a drop in gross inflows of £14.3bn, a drop on 2019's £15.1bn figure and net inflow of funds under management of £8.2bn, dropping from £9.0bn in 2019. Despite the drop in inflows, funds under management hit £129.3bn (2019: £117.0bn). SJP is now represented by 4,338 qualified advisers across the partnership, a figure that is pr...

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Gary Robinson

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