Wealth manager St James’s Place has reported quarterly gross inflows up 27% year on year, boosting total assets under management to £153.99bn.

The managing director of partnership at wealth manager St James’s Place, Ian Gascoigne, is to retire from the board and as a director on 31 March.

Wealth manager St James’s Place has boosted its partnership numbers with 155 newly-qualified financial advisers and 74 new Paraplanners - 229 in total. 

The North-South wealth divide is being exacerbated by fewer northerners having a financial plan in place, according to a new report.