Mark Fitzpatrick News

30.04 / 08:21
CEO Trade reports place Net inflows to St James's Place more than halve as business review outcomes loom
According to a trading statement published today (30 April), the firm saw in £710m net inflows last quarter, lower than the £2bn reported in the same quarter last year.  Gross inflows of £3.97bn were slightly lower year-on-year (£4.17bn in Q1 2023), which CEO Mark Fitzpatrick attributed to a fewer number of working days in March ahead of the key tax year end period. «For the year to 5 April, gross inflows are broadly unchanged on the equivalent period in 2023, reflecting an increased level of client activity, albeit with a lower average investment size,» he said.  St James's Place ...
30.07 / 09:42
St James's Place unveils cost-cutting plan to save £100m annually by 2027
According to its half-year results published today (30 July), the wealth management firm aims to achieve annual savings of £100m by 2027. By 2030, it anticipates total savings of £500m, with half of that amount being reinvested into the business. The FTSE 250 firm posted net inflows of £1.9bn, a decrease from £3.4bn in the same period of 2023, yet the firm revealed record funds under management of £181.9bn and a 3% net increase in its client base to 988,000. St James's Place overhauls fee structure after regulatory pressure SJP chief executive Mark FitzPatrick said he was «encourag...
13.09 / 07:37
CEO People moves SJP St James's Place prudential Mark FitzPatrick named as successor to SJP CEO Andrew Croft
Andrew Croft (pictured) has been at SJP over the last three decades and took over as CEO in 2018.
12.02 / 11:33
UPS CEO BlackRock prudential Trading Places: Prudential CEO steps down, BlackRock names new chief risk officer
It's been another busy week of people stepping down and stepping up into new roles across the City.
11.02 / 15:21
UPS CEO BlackRock prudential Trading Places: Prudential CEO steps down, BlackRock names new chief risk officer
It's been another busy week of people stepping down and stepping up into new roles across the City.

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