St. James’s Place saw funds under management of £220bn in 2025, a 16% increase from £190bn in 2024. SJP achieved a net investment return of £23.64bn, which it said helped contribute to its FUM. In Q4, SJP saw elevated short-term outflows due to clients accelerating tax-free cash withdrawals in anticipation of reduced allowances due to fears circulating around the budget. SJP chief executive officer Mark FitzPatrick said: “I am pleased to report a strong year for SJP. Our FUM closed the year at £220bn, a record high and up 16% during the year.