St. James's Place Wealth Management Reviews | Glassdoor.co.uk

St. James's Place Wealth Management Reviews

Updated 23 Aug 2019

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Found 35 reviews

3.5
StarStarStarStarStar
Rating TrendsRating Trends
63%
Recommend to a Friend
57%
Approve of CEO
St. James's Place Wealth Management CEO Andrew Croft
Andrew Croft
7 Ratings
  1. Featured Review

    "Great place to work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Operations in Cirencester, England
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at St. James's Place Wealth Management full-time for less than a year

    Pros

    Great people to work with, everyone is very friendly. Pretty open to new ideas and new ways of working. Work/life balance is good.

    Cons

    Parking isn't great. Some of the internal systems are a bit old. Seem to outsource a lot of services that could be done in house; having more control and saving money.

    St. James's Place Wealth Management2019-06-28

    St. James's Place Wealth Management Response

    July 4, 2019Recruitment Operations

    Thank you for a great review!

    Continue reading
  2. Helpful (1)

    "Fantastic at getting you through the door, terrible when you're in."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Compensation and Benefits
    Former Employee - Partner in Manchester, England
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at St. James's Place Wealth Management full-time

    Pros

    Training workshops are brilliant. Systems and processes are good and the business has a fairly good reputation in the market place. SJP certainly looks and feels the part.

    Cons

    Before you're in, you're promised that SJP is everything you could hope for with endless support, good earnings potential and innovative thinking. When you're in, you're just another number, barely contacted by your so called manager and you have no idea whether what you're doing is right or wrong. If you read other partner reviews, most elude to broken promises. Support is very much aimed at the people who have been in SJP for long periods and have larger clients banks (who don't want the support) and new people are ignored and told to 'sponsor bowls clubs'. Really underwhelming .

    Continue reading
    St. James's Place Wealth Management2019-08-23
  3. Helpful (3)

    "Misleading"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Advisor in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at St. James's Place Wealth Management full-time for more than a year

    Pros

    Really good exam support and workshops. Some of the people are really nice.

    Cons

    Self employed, told you will make lots of money. Lots of promises that don't materialise. If you want to do it make sure you have lots in savings as it could take up to five years to make a decent living. Awful computer systems and unqualified Paraplanners.

    Continue reading
    St. James's Place Wealth Management2019-08-20
  4. Helpful (2)

    "Good company, unlimited earnings (potential) poor admin & support processes."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Wealth Manager in Leeds, England
    Neutral Outlook
    No Opinion of CEO

    I have been working at St. James's Place Wealth Management full-time for more than 3 years

    Pros

    Huge amount of knowledge, infrastructure and e-learning to increase your client facing knowledge, prestige firm, unlimited earning potential if you have the right network to support it. Pays to be self reliant and highly motivated.

    Cons

    Poor support in the early stages. The mentor system is a joke - most senior advisors volunteer to do this because they receive a £4000 bonus if the junior advisor meets year 1 target, but the actual mentoring is non-existent. I was largely left to fend for myself and learn an FCA accredited role completely on my own via trial and error. Admin is a farce - you will use hundreds and hundreds of pounds of printer ink in this job, no exaggeration.

    Continue reading
    St. James's Place Wealth Management2019-04-11
  5. "Good place to work."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Actuarial Student in Cheltenham, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at St. James's Place Wealth Management full-time

    Pros

    Nice being outside of London.

    Cons

    Below market renumeration compared to market.

    St. James's Place Wealth Management2019-03-13
  6. Helpful (3)

    "A mixed bag"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager in Cirencester, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at St. James's Place Wealth Management full-time for more than a year

    Pros

    Dynamic organisation, still growing rapidly so lots of opportunities. Posh Christmas Parties and Company events, if that's your thing!

    Cons

    Outdated culture with little understanding of equality and diversity. 20+ years behind most other FTSE 100 companies in this respect. Inflexible working arrangements make it hard for anyone with childcare/caring responsibilities to get on in the company. Chronic under investment in Head Office IT systems and Head Office staff in general, who are less valued than those in the field. Poor wages in comparison with other financial services companies. Literally the worst HR Department you will see anywhere.

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    St. James's Place Wealth Management2019-01-11
  7. "Paraplanner"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Paraplanner in London, England
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at St. James's Place Wealth Management full-time for more than 3 years

    Pros

    Great community and flexible working hours

    Cons

    Weak support from head office, back office admin

    St. James's Place Wealth Management2018-09-27
  8. Helpful (2)

    "Employee review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Cirencester, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at St. James's Place Wealth Management full-time for more than a year

    Pros

    St James's Place is a fantastic place to work if you are looking for a smart, professional and entrepreneurial environment to grow your career. The company has managed to retain a family atmosphere even though it has experienced record growth over the last few years which is something most companies struggle to maintain. The company also prides itself on its smart image which is very much reflected in how the Employees and Partners dress which is 'suited and booted'. The Charitable Foundation and community based projects are a huge part of the culture at SJP and is something all employees can get involved with.

    Cons

    There is limited free parking on site but if you arrive early enough this isn't a problem and all parking charges are reimbursed.

    St. James's Place Wealth Management2018-06-22
  9. "I worked here and had a good time. A unique place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Trainee Financial Adviser in London, England
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at St. James's Place Wealth Management full-time for more than a year

    Pros

    Highly motivated atmosphere with great reward for good work ethic and achievement, a great place to learn and experience the benefits of hard work

    Cons

    competitive environment can lead to over-stimulated staff under high pressure to meet sales targets and potentially risking company reputation.

    Continue reading
    St. James's Place Wealth Management2018-04-24
  10. "good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Associate in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at St. James's Place Wealth Management for more than a year

    Pros

    good place to work , very friendly

    Cons

    none as of yet to mention

    St. James's Place Wealth Management2018-03-19
Found 35 reviews