SJP’s tiered charges for initial advice revealed by Citywire
St James’s Place (SJP) is set to introduce three new tiers of charges for financial advice, as it moves away from its current fee model. A presentation by the advice group showed the new plans being put forward for SJP’s tiered charges to bill clients based on the size of their pot, Citywire reported on
St James’s Place value assessment report finds it could do (a lot) better
St James’s Place, one of Britain’s largest wealth management groups, has released its annual value assessment report. The results of which have raised eyebrows, and questions, about the value that the firm provides to investors. St James’s Place has admitted to failing to offer value for money in 36 out of 45 of its funds.
St James’s Place in Turmoil: Shocking Losses & Share Plunge Explained
Troubled wealth manager St James’s Place reported its final results, for the year ending December 2023 this morning, and numbers have shocked the city. Terrible Results The company posted a net loss of -£9.90 million compared to 2022s £407.20 million profit. The annual loss is due to a £426.0 million provision, against what the firm
How to switch from St James’s Place Wealth Management
This week’s news that the UK’s largest wealth manager St. James’s Place, was removing exit fees from its range of pensions and investment bonds raises the possibility of clients being able to switch wealth managers without penalty if they are unhappy with the service and performance they are currently receiving. Switching from St James’s Place
Who owns St James’s Place Wealth Management?
St James’s Place is a public company listed on the London Stock Exchange, which trades under the ticker of SJP. The company has a market cap of £3.73 billion, a PE ratio of just over 10.0 times earnings, and a prospective dividend yield of 7.79%. But who owns shares in one of the largest wealth
St James’s Place removes its exit fees from several key products
St James’s Place will remove the exit charges from several of its key products going forward, following pressure from the regulators and the new consumer duty initiative. St James’s Place removes exit fees Wealth manager St James’s Place or SJP as it is often referred to, has announced an overhaul of its fee structure, including