Wealth Management

SJP chief Mark FitzPatrick’s first year in charge: Job cuts, a new top team and fee overhaul

Ex-Prudential chief took the reins at one of the most challenging periods in the wealth giant’s 33-year run

St James’s Place plans to axe 500 jobs as it restructures under FitzPatrick’s leadership
St James’s Place plans to axe 500 jobs as it restructures under FitzPatrick’s leadership Photo: Alamy Stock Photo

When Mark FitzPatrick took the reins of St James’s Place last December, the wealth giant turned to an outsider to turn its fortunes around. 

FitzPatrick, a former Deloitte partner, joined the firm at one of its lowest points since it was established in 1991.

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