St. James’s Place has achieved record funds under management on the back of strong inflows and positive investment performance in the first half of 2025.
The wealth management firm posted funds under management of £198.5bn in its half year results to the end of June, up from £190.2 bn on 31 December.
Net inflows climbed to £3.8bn, double the amount seen in the first half of 2024 with client retention of 95.3%.
Post-tax underlying cash stood at £240.4m, up from £205.2m in 2024, a 17% increase.
Having delivered key programmes of work in H1, CEO Mark FitzPatrick said the firm’s new charging structure is set to be in place from 26 August 2025.
FitzPatrick added that SJP has progressed with plans to “broaden [the] investment shelf for clients”, with a new range of multi-asset funds – Polaris Multi-Index – slated for launch in late 2025, subject to regulatory approval.
“The strategic progress we are making will strengthen our business for the future, ensuring we are best placed to continue to capitalise on the compelling market opportunity in UK wealth management,” he said.
“The demand and need for financial advice are high and here to stay. We have more than one million clients already securing their long-term financial futures through the power of invaluable advice, and we are driven by our desire to help more people achieve this.”
