Gross inflows for 2015 were 17% higher at £9.24bn ($13bn, €12bn), which was also a record level.
The company said both gross and net inflows had grown strongly in the final quarter after the turmoil in many major markets sparked by the Chinese devaluation and the approach of the US rate rise, maintaining the momentum it had seen in each quarter of 2015.
“Despite the continued volatility across global stock markets, our business continues to perform strongly,” said SJP chief executive David Bellamy.
Adviser expansion
“Alongside these strong fund inflows and supported by the success of our Academy and expansion in Asia, we’ve increased the size of our partner and adviser teams by 6.2% and 9.8% respectively,” he said.
SJP’s total adviser numbers have grown 3,113, up 9.8% over the year.
“2015 has been another strong year for St. James’s Place. We’ve achieved strong growth across all of the key aspects of the business and are well placed for 2016 and beyond,” Bellamy said
Total funds under management by SJP stood at £59.8bn at the end of 2015 when the $1.2bn of assets managed by Rowan Dartington are included.
SJP announced its purchase of discretionary fund manager Rowan Dartington in July last year for an initial payment of £19m with a further maximum potential future consideration of £15.2m.
Other than the amount of assets under management, SJP said nothing more about the progress of the Rowan Dartington deal nor about its activities in Asia, where it has offices in Singapore, Hong Kong and Shanghai.
St James’s Place completed the purchase of the Singapore-based Henley Group in June of 2014 and said then it planned to use the acquisition to target the expat market in East Asia.
