SJP pre-tax profits reach £353.8m as advice demand grows

Total 4,556 qualified advisers across partnership

Jenna Brown
clock • 2 min read

Full-year pre-tax profits at St James’s Place (SJP) reached £353.8m last year compared to £327.6m in 2020, according to its annual results.

Gross inflows were £18.2bn compared to last year's £14.3bn. It reported net inflow of funds under management of £11bn versus £8.2bn last year. Funds under management reached £154bn and it said the partnership had 4,556 qualified advisers. The partnership said it proposed a final dividend of 40.41p per share up from 2020's 38.49p per share, resulting in full-year dividend of 51.96 p per share. Chief executive Andrew Croft said: "In 2020, at the height of the pandemic, St. James's Place demonstrated real resilience during very difficult circumstances, thanks largely to the agility of...

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