In its business update for the 12 months ended 31 December 2014, the group reported that its funds under management had grown by 17% to reach £52bn.
The company completed its acquisition of the Asia-headquartered Henley Group in June last year, marking its first foray into overseas markets, enabling it to service British expats throughout Asia.
David Bellamy, chief executive, said: “I am pleased to report that through the continued acquisition of established advisers, the integration of our acquisition in Asia and academy students graduating in the year, we start 2015 with 10% more qualified advisers in the St James’s Place partnership, which bodes well for the future.”
The company also saw its total new single investments grow by 18% to reach £7.8bn over 2014, while its new business rose by 17% to £895.6m.
Its partnership numbers were up 8.9% to 2132, and its total number of qualified advisers increased by 10.3% to 2835.
Bellamy added: “We attracted over 5,000 new clients in the year and our record on retention underpins our belief that, as well as the positive investment returns and the individual advice they can rely on, clients value the human relationship and highly personal interaction that our proposition delivers.
“Despite the uncertainty that markets face in 2015, the momentum of our business, coupled with the increasing need for professional financial advice, reinforces our confidence in the future growth opportunities.”
The Henley Group has more than 50 advisers, and offices in Hong Kong, Singapore and Shanghai.
SJP said both companies’ business models are based on “high quality face-to-face advice, strong corporate values and a quality management team to maintain a successful and robust business”.
