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St James's Place hatches £1bn plan to buy out retiring advisers

The wealth management company comprises 2,600 partner firms staffed by 4,800 self-employed financial advisers who trade under the SJP banner.

City ofUnited kingdomIain rayner

St James's Place to raise up to £1bn to buy out partner firms - report

St James’s Place is considering raising up to £1bn by the end of the decade, it was reported on Friday, to help support succession plans.

Iain raynerFinancial timesJames 039 sMp pound 1bnCategory allCategory company newsCategory news and announcementsCategory headline newsCategory sectorial finance

SJP looks to spend £1bn to buy out partner businesses

St James’s Place (SJP) will look to raise around £1bn in order to buy out the businesses of its retiring partners.

United kingdomIain raynerMark fitzpatrickAndrew croftFinancial timesSt james 39s placeAndrew croftMark fitzpatrick

FTSE 100 Live: Stocks falter as Fed official dampens rate cut hopes

FTSE 100 Live: Stocks falter as Fed official dampens rate cut hopes
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

United kingdomNew yorkUnited statesEast sussexCity ofMichael hewsonIain raynerKim kinnairdJoe statonMichael brown mrmbrownChris williamsonHargreaves lansdownSophie lund yatesChris williamson williamsonchrisChrister gardellJohn williams

St James's Place shares slump on plans to buy advisers' books

Shares in St James’s Place (SJP) have slumped today after the firm revealed plans to raise cash to snap up retiring partner advisers.

United kingdomIain raynerJacob rees moggCharlie conchieFinancial timesConsumer duty

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