Justin Cash: SJP faces an uncertain future

‘The stakes are high’

clock • 5 min read

Justin Cash on a "second potential turning point" for St James’s Place (SJP)

St James's Place was a true British success story. By many metrics, it still is. From humble beginnings in a west country market town, it shot into the FTSE 100. It stood head and shoulders above its competition as the UK's largest wealth manager, amassing tens of billions of savers' hard-earned cash. It was a firm lots of clients loved - and lots of rivals envied. SJP built a £100bn business without much trouble. It was the undisputed king of the sector, and its ascent seemed unstoppable. Its top advisers were flown around the world. Celebrities graced the stage at its glamorous network...

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