SJP partner firms combine forces in Midlands merger
‘We have come as far as we can with our current structure,’ says Shrewsbury advice business
Sjp
-
-
SJP partner firm acquires Manchester financial planner
Deal is a ‘significant milestone’ for its growth strategy
-
SJP adds Comgest duo to underperforming Japan fund
Richard Kaye and Chantana Ward will co-manage SJP Japan with Nippon Value Investors
-
SJP performance tainted by 33% FSCS levy hike as assets close in on £130bn
Wealth manager’s £36.7m levy was a ‘real concern and source of frustration’
-
Merian acquisition sends Jupiter to the dog house with £4.1bn of underperforming funds
Tight race for runner up in Bestinvest’s Spot the Dog report with SJP and Schroders also sporting £4bn of dog funds
-
M&G Wealth takes a page from SJP by launching adviser academy
Comes after SJP announced it had slowed the intake of new academy students last year
-
SJP assets reach £129bn despite weaker inflows
Firm paused academy intake in 2020 due to the challenging environment for advice firms
-
SJP makes ‘tough decision’ to axe 200 jobs
Redundancies are not linked to shareholder activist excoriating wealth manager’s ‘high cost culture’
-
SJP veteran Chris Ralph exits after 11 years
Former CIO will remain at the wealth manager in a non-executive capacity
-
SJP announces Threadneedle founder as next chairman
Paul Manduca is currently chairman of Prudential and Templeton Emerging Markets Investment Trust
-
Activist investor praises SJP for co-operating over costs and profitability concerns
Primestone Capital had accused wealth manager in October of fostering a ‘high cost culture’
-
How has the Covid crisis impacted recruitment at DFMs?
AJ Bell goes on a hiring spree while established players SJP and Quilter have been more cautious