Pandemic hits SJP operating profit and inflows

Operating profit and fund inflows fell at wealth manager St James’s Place during 2020 as the pandemic “inevitably disrupted” operations and performance.

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SJP partner firm numbers fall by 24 to 2,540

Gross inflows at wealth management giant St James’s Place (SJP) fell 5% in 2020 to £14.33bn, according to its latest trading update published today.

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SJP to chop 200 roles after review

Wealth manager St James’s Place is to cut 200 jobs from its workforce following a review of the business.

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SJP’s chief global strategist to step down

Chris Ralph, former chief investment officer at wealth manager St James’s Place, is to step down at the end of this year after 11 years with the company.

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