St. James's Place plc (branded as St. James's Place Wealth Management) is a UK-based wealth management business. It is headquartered in Cirencester and has 20 regional offices throughout the UK and offices in China and Hong Kong. It was listed on the London Stock Exchange in 1997 and is a constituent of the FTSE 100. St. James's Place specialises in the provision of face-to-face wealth management services to individuals, families, trustees and businesses, including investment planning, retirement planning, intergenerational wealth advice, estate protection, and other personalised financial services. It was founded by Mike Wilson CBE, Sir Mark Weinberg and Lord Rothschild in 1991 as J Rothschild Assurance Group, and later changed to St. James's Place plc.
Successor to Andrew Croft
St James’s Place worst performer
Attractive entry point for 'quality' franchise
Cost of fee cap worth £859m
Russell Reynolds Associates
St James’s Place has reported a rise in pre-tax profits of 42% in 2022, but this year the advice firm plans changes to how it operates to comply with the incoming Consumer Duty rules.
Retail funds remain mostly unaffected