St. James's Place plc

From Wikipedia, the free encyclopedia
Jump to: navigation, search
St. James's Place plc
Traded as LSESTJ
Industry Finance
Founded 1991
Headquarters Cirencester, Gloucestershire, UK
Key people

Sir Mark Weinberg, Life President
Mike Wilson, Life President
David Bellamy, CEO
Andrew Croft, Chief Financial Officer
David Lamb, Managing Director
Ian Gascoigne, Managing Director
Products Wealth Management
Revenue £4,573.2 million (2014)[1]
£294.4 million (2014)[1]
£182.9 million (2014)[1]

St. James's Place plc (branded as St. James's Place Wealth Management) is a UK-based wealth management business. It is headquartered in Cirencester and has 20 regional offices throughout the UK. It was listed on the London Stock Exchange in 1997 and is a constituent of the FTSE 100 Index.


The business was founded by Mike Wilson CBE, Sir Mark Weinberg and Lord Rothschild in 1991 as J Rothschild Assurance Group, later changed to St. James's Place plc. In 1992, the Directors of J Rothschild Assurance Group established a Charitable Foundation.[2] In 2000, HBOS plc took a 60 percent shareholding in the business, a stake which passed to Lloyds Banking Group, on its acquisition of HBOS in 2009.[3] In March 2013, Lloyds sold 20% of its shareholding in St. James's Place to a broad base of institutional investors.[4] In March 2014, St. James's Place joined the FTSE 100 Index.[5]


St. James's Place offers the following services to its clients:[6]

Investments: Offering access to selected external fund managers with a diversified portfolio and providing advice to clients based on a review of their individual circumstances to ensure investment strategies are aligned to their objectives whether it be to generate income or capital growth.

Retirement Planning: Creating financial strategies to help individuals to plan for their retirement.

Protecting Wealth: Providing insurance and advice to protect estates from Inheritance Tax (‘IHT’) or to protect business assets.

Advice for Businesses: Understanding and working with business owners to meet their financial aims.

Personal Cash and Borrowings: Providing a range of competitive and tax efficient savings facilities, along with a wide choice of mortgage solutions.

Charitable foundation[edit]

The St. James's Place Foundation, founded in 1992, is the charitable arm of the St. James's Place Wealth Management Group. The Foundation aims to improve the quality of life for those people in need as a result of disability or disadvantage. In 18 years the Foundation has raised more than £18m and distributed the majority of those funds to more than 700 charities, with grants ranging from a few hundred pounds to in excess of £1m.[7]


Awards include Wealth Management of the Year 2008 and 2009 and Best Wealth Manager for Tax in 2011 by readers of the Investors Chronicle and Financial Times,[8] Wealth Manager of the Year 2007, 2008 and 2010 by readers of the Daily Telegraph,[9] Best Financial Adviser 2010/11 for Money Pages Personal Finance Awards[10] and Wealth Management Company of the Year - City of London Award in 2012.[11]


  1. ^ a b c "Preliminary Results 2014" (PDF). St. James's Place plc. Retrieved 21 March 2015. 
  2. ^ "St. James's Place Foundation - History". Retrieved 21 March 2015. 
  3. ^ Lloyds to keep St James's Place stake Reuters, 28 July 2010
  4. ^ Lloyds to reduce stake in St James’s Place, 12 March 2012
  5. ^ Two companies to join FTSE 100 Index
  6. ^ "Our Business". Retrieved 21 March 2015. 
  7. ^ Dartmoor trek to raise money for foundation Dartmoor News, 13 August 2010
  8. ^ "Investment and Wealth Management Awards". Retrieved 21 March 2015. 
  9. ^ Super User. "Home". Retrieved 21 March 2015. 
  10. ^ The Money Pages
  11. ^ Super User. "Home". Retrieved 21 March 2015. 

External links[edit]