A "strong year" - and more growth to come!

Still dealing with criticism from the FCA, and in a year in which it announced plans to lay off 500 staff, St James’s Place has revealed it has grown again - and acquired its millionth customer.

Dear reader,

Welcome to our Thursday edition. Not a full edition like Monday and Friday, but one where we pick an article we hope you find valuable and focus on that - rather than post you a list of every story or press release we can find.

So, today we focus in on Gloucestershire’s biggest firm by turnover, the Cotswold-based wealth management firm St James’s Place.

Why is it important? We think that like many major firms its fortunes provide plenty of talking points - many more than we cover off or point to here.

You may have seen its annual results elsewhere, but those are just the numbers. We think a number of other angles are of interest. Most obviously, that it has been able to so ably take on board the criticism of the Financial Conduct Authority over how it gave and charged for advice and weather any collateral.

As we touch on in the article, it is not like it has not both paid a heavy price. It has, noth in having to compensate customers, but also in terms of the ongoing investmen…