Wealth Management

SJP hits record £190.2bn in assets but net inflows continue to fall

The UK wealth manager has been battling plunging client inflows, but it has been on the rebound under new chief Mark Fitzpatrick

SJP CEO Mark FitzPatrick
SJP CEO Mark FitzPatrick Photo: Christopher L Proctor

St James’s Place finished the year by hitting another record for assets under management, but it has continued to battle falling net inflows.

Gross inflows for the UK wealth manager were up 20% to finish 2024 at £18.41bn, but net inflows dropped from £5.12bn to £4.33bn, according to an update on 30 January.

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