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...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
