St. James's Place
Encyclopedia
St. James's Place plc 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 now a FTSE 250 company.
and Lord Rothschild
in 1991 as J Rothschild Assurance Group. It subsequently changed its name to St.James's Place Capital plc. In 2000, HBOS
plc became a 60% shareholder of St. James’s Place Capital. With effect from 9 May 2006, St. James's Place Capital was renamed St. James's Place plc. Lloyds TSB, now Lloyds Banking Group
plc, acquired HBOS Banking Group in 2009, and now owns a 60% shareholding in St. James's Place plc.
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.
Business Planning: understanding and working with business owners to meet their financial aims.
Wealth management
Wealth management is an investment advisory discipline that incorporates financial planning, investment portfolio management and a number of aggregated financial services...
business. It is headquartered in Cirencester
Cirencester
Cirencester is a market town in east Gloucestershire, England, 93 miles west northwest of London. Cirencester lies on the River Churn, a tributary of the River Thames, and is the largest town in the Cotswold District. It is the home of the Royal Agricultural College, the oldest agricultural...
and has 20 regional offices throughout the UK. It was listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
in 1997 and is now a FTSE 250 company.
History
The business was founded by Mike Wilson, Sir Mark WeinbergMark Weinberg
-Early life and education:Weinberg was born in South Africa and educated at King Edward VII School in Johannesburg. He received degrees in Commerce and Law and practised as a barrister...
and Lord Rothschild
Jacob Rothschild, 4th Baron Rothschild
Nathaniel Charles Jacob Rothschild, 4th Baron Rothschild, Bt, OM, GBE, FBA is a British investment banker and a member of the prominent Rothschild family of bankers...
in 1991 as J Rothschild Assurance Group. It subsequently changed its name to St.James's Place Capital plc. In 2000, HBOS
HBOS
HBOS plc is a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group having been taken over in January 2009...
plc became a 60% shareholder of St. James’s Place Capital. With effect from 9 May 2006, St. James's Place Capital was renamed St. James's Place plc. Lloyds TSB, now Lloyds Banking Group
Lloyds Banking Group
Lloyds Banking Group plc is a major British financial institution, formed through the acquisition of HBOS by Lloyds TSB in 2009. As at February 2010, HM Treasury held a 41% shareholding through UK Financial Investments Limited . The Group headquarters is located at 25 Gresham Street in London, with...
plc, acquired HBOS Banking Group in 2009, and now owns a 60% shareholding in St. James's Place plc.
Services
St. James's Place offers the following services to its clients: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
Inheritance tax
An inheritance tax or estate tax is a levy paid by a person who inherits money or property or a tax on the estate of a person who has died...
(‘IHT’) or to protect business assets.
Business Planning: understanding and working with business owners to meet their financial aims.