Restricted adviser St James's Place is set to capitalise on a number of high-profile exits from the advice market by high-street banks.
Assets under management at wealth manager St James's Place were up £4.2bn to a record £39bn, interim results released today show.
Lloyds Banking Group representative, Steve Colsell, is to step down from the board at St James's Place (SJP) and be replaced by Sue Harris and Alison Hewitt.
There is no reason why financial services shouldn't be ‘sexy' in a post-Retail Distribution Review (RDR) world, according to Rory Percival technical specialist at the Financial Conduct Authority (FCA).
M&G has cut its position in St James's Place (SJP) after majority shareholder Lloyds sold down its own stake in the wealth manager.
Upmarket wealth manager St James's Place paid £12,750 for a speech from Labour MP David Miliband at its annual conference.
Schroders' head of UK equities Richard Buxton has been snapping up shares in St James's Place which are being sold by the group's parent Lloyds, according to reports.
Lloyds Banking Group expects to raise about £520m from the sale of part of its stake in wealth manager St James's Place (SJP).
Lloyds Banking Group has put a 20% stake in wealth manager St James's Place (SJP) up for sale.
St James's Place has hit out at firms recommending unregulated investments after its payments to the Financial Services Compensation Scheme (FSCS) doubled in 2012.