St James’s Place returns to profit after year of building momentum
Wealth manager St James's Place has benefitted from its simpler charging structure as its returned to profit in 2024.
Chief executive Mark Fitzpatrick said: "In a year which in many ways was challenging for the business, we are very pleased with our business and financial performance".
The Cirencester-based financial services group rebounded from a £10m loss the previous year to generate £398m profits. It is returning £224m to shareholders, in line with its strategy to hand over the equivalent of half of its underlying cash r... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
