SJP Specialist cash management and banking
A wedding, a new car, an extension to your home or an adventure overseas. Life is full of dreams and goals.
But you may not always have time to manage your finances to realise these ambitions. If that’s the case, let us help. You’ll gain access to specialist financial institutions and products, together with the advice you need to help bring your dreams to life.
Please note that where you are introduced to any of the services of these providers, their services will be separate and distinct to those offered by St. James’s Place.
Managing your cash
SJP Cash Deposit Service, powered by Flagstone
Compare rates from more than 40 banks and building societies in minutes. And, through one application form, access hundreds of different deposit accounts, giving you freedom to switch your cash between banks.
You can do this thanks to the SJP Cash Deposit Service, powered by Flagstone. Not only do you maximise the interest you earn using this simple process, you also spread your risk across a few banks, protected by the Financial Services Compensation Scheme.
Looking for a trust savings account?
When you open a trust account, you want a specialist team with the know-how to support you.
We work with Metro Bank to provide instant-access trust accounts. These come with a team of experts just a phone call away at The Trust Centre to answer your questions.
Interested? Get in touch with one of our financial advisers today.
Short-term, investment-backed borrowing
Short-term borrowing can be a useful tool for raising cash that you only need for a limited period. If you need to bridge the gap between buying a new property and selling your own, or you wish to make a one-off purchase or pay an unforseen tax bill, for example, it may not make sense to fund this by cashing in your long-term St. James’s Place investments.
Instead, you may be able to use eligible St. James's Place and Rowan Dartington investments as security for a short-term loan.
We work with selected banks to facilitate this kind of lending for our clients. The bank providing the lending will take a charge over your investments and you will be unable to make withdrawals from, or changes to, the secured investments without prior approval from the bank.
If the value of the investment falls in relation to the agreed loan facility, the loan may need to be reduced or repaid in full. The bank providing the lending will take a charge over your investments and you will be unable to make any withdrawals from your charged investments without prior approval from the relevant bank. Rates and charges will apply - please contact a St. James's Place adviser for full details.
International foreign exchange
Money without borders
Do you own a holiday home abroad and need to convert currencies between countries? Or are you working overseas, and being paid in a foreign currency?
Our competitively priced provider makes it easy to move money across borders by giving access to exchange and international payment services, including spot and forward contracts.
Private banking
Bespoke banking services
Once you reach a certain level of wealth, you are likely to need a highly bespoke, sophisticated level of wealth management.
Most High Street banks, while they offer a good service for standard banking and lending, aren’t set up to offer the service needed for very high-net-worth individuals.
You need a bank that offers truly bespoke, expert banking facilities.
We have exclusive relationships with a select panel of private banks, chosen for their range of different styles, approaches and services, and we are happy to introduce you.