…with growth in new business, funds under management, and in the Underlying cash result, while delivering strong returns for clients.
St. James’s Place plc (SJP) issues its results for the year ended 31 December 2025.

Mark FitzPatrick, Chief Executive Officer, comments:
“I am pleased to report a year of significant progress for St. James’s Place. We delivered growth in new business, growth in funds under management, and growth in the Underlying cash result, while at the same time delivering strong returns for our growing number of clients. We have also executed against our key priorities as we position for the future. This included successfully implementing our new simple, comparable charging structure, progressing our historic ongoing service evidence review, and advancing our cost and efficiency programme.
Our achievements in 2025 underscore the enduring need and demand for trusted financial advice. They also demonstrate the strength of our unique Partnership model, which offers clients the best of both worlds: personal advice delivered through long‑term, local relationships, backed by the scale, expertise and brand of the UK’s leading financial advice business. We’re building on this foundation by investing further in our capabilities, including
enhancing the technology and tools available to our advisers. The goal is simple: to free our advisers to focus on what they do best — building trusted relationships and delivering truly invaluable advice.
The combination of another strong financial outcome together with good operational and strategic progress, has enabled the Board to update our shareholder returns guidance a year earlier than originally planned. Going forward, we intend to increase total annual shareholder distributions to 70% of the Underlying cash result through a combination of dividends and share buy-backs.
We look to the future with confidence. While the external consumer outlook remains uncertain, the changes we have already made to our business, combined with our focus to strengthen and grow SJP over the long-term, mean we are well positioned to capture the structural market opportunity ahead and deliver for all our stakeholders in 2026 and beyond.”
Financial highlights
- Post-tax Underlying cash result of £462.3 million (2024: £447.2 million), up 3% year on year
- Post-tax Underlying cash basic earnings per share of 87.0 pence (2024: 82.0 pence), up 6% year on year
- IFRS profit after tax of £531.4 million (2024: £398.4 million), up 33% year on year
Operational highlights
- Strong growth in both gross and net inflows; record closing FUM of £220.0 billion
- Simple, comparable charging structure successfully implemented
- Cost and efficiency programme on track with guidance
- Historic ongoing service evidence (OSE) review progressing at pace; £18.7 million post-tax additional release from OSE provision at year-end, bringing the total released during 2025 to £82.1 million. Anticipate programme completion during 2026
- Launch of new Polaris Multi-Index range of funds, broadening the range of investments available for our 1,037,000 clients.
You can read the cover from CityWire here and from Money Marketing here
You can read the full SJP Press Release here
Past performance is not indicative of future performance.
The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise.
Approved by SJP 09/03/2026

