St James's Place hatches £1bn plan to buy out retiring advisers
The wealth management company comprises 2,600 partner firms staffed by 4,800 self-employed financial advisers who trade under the SJP banner.
Source: thisismoney.co.uk
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St James's Place to raise up to £1bn to buy out partner firms - report
St James’s Place is considering raising up to £1bn by the end of the decade, it was reported on Friday, to help support succession plans.
Source: sharecast.com
SJP looks to spend £1bn to buy out partner businesses
St James’s Place (SJP) will look to raise around £1bn in order to buy out the businesses of its retiring partners.
Source: investmentweek.co.uk
St James's Place shares slump on plans to buy advisers' books
Shares in St James’s Place (SJP) have slumped today after the firm revealed plans to raise cash to snap up retiring partner advisers.
Source: cityam.com
SJP looks to spend up to £1bn to buy out partner businesses — reports
St James’s Place (SJP) will look to raise around £1bn in order to buy out the businesses of its retiring partners, according to a report.
Source: professionaladviser.com