The figures on this page reflect St. James’s Place Full Year Results for the year ended 31 December 2025.
Operating highlights
Financial highlights
Mark FitzPatrick, Chief Executive Officer
“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.”
Shareholder returns
In line with our 2025 shareholder returns guidance, the Board intends to return 50% of the Underlying cash result to shareholders for 2025. This equates to £231.2 million and is made up of 18.00 pence per share in dividends, subject to shareholder approval of the final dividend at the AGM, with the balance returned through share buy-backs.
In addition to these ordinary shareholder returns, for 2025 we have also returned £63.4 million through share buy-backs following the release from our Ongoing Service Evidence provision at the time of our half-year results in July 2025, and we will return a further £18.7 million following an additional release from that provision at year-end. This means the share buy-back programme which will commence in March 2026 will be for £122.6 million.
For the 2026 financial year and beyond, the Board intends to return 70% of the Underlying cash result to shareholders. We anticipate this will comprise:
- an ordinary dividend, which we expect will make up at least 40% of total shareholder returns. This is equivalent to at least 28% of the Underlying cash result; and
- a share buy-back for the balance, subject to the Board’s ongoing assessment of the most appropriate mechanism for that return.
The Board intends to pay an interim dividend and conduct an interim share buy-back following our Half Year 2026 results. These will be set at a third of the prior full-year balance for ordinary shareholder returns, excluding buy-backs relating to releases from our Ongoing Service Evidence provision.
Director - Investor Relations
Hugh Taylor
Tel: 07818 075143
Director – Communications
Angela Warburton
Tel: 07442 479542
Data correct as at 31 December 2025.
Please note that this presentation was aimed at Analysts and Professional Investors only.
Where information on fund performance has been referred to, please note that 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. You may get back less than the amount invested.