Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

SJP compliance officer quits to set up advice firm

SJP compliance officer quits to set up advice firm

A compliance officer from St James’s Place (SJP) is leaving to set up his own advice firm.

Bristol-based Alex Alton, who has been at SJP since August 2014 and has eight years’ experience in the financial services industry, registered a company called Alton Wealth Management on 25th July, according to Companies House filings.

Writing on LinkedIn, Alton described the move as ‘one of the biggest decisions of my life’ and said the company, which will be based in Weston-Super-Mare, will offer ‘full financial advice’.

He added: ‘I will be spending the coming months building my professional network and laying the foundations for a successful launch.’

Before joining SJP, Alton was a personal banking advisor and a relationship manager at Santander in Weston-Super-Mare.

SJP upped its number of advisers by 3.7% in the first half of this year to a total of 3,540.

But the firm lost its senior partnership development manager Mark Tootill to Standard Life's restricted advice firm 1825 last month.

 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Mark Barnett - part 2: why I'm not buying Lloyds

Mark Barnett - part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Play Wealth managers reveal the best investment ideas of the year

Wealth managers reveal the best investment ideas of the year

From robotics to impact investing, wealth managers share the best ideas they have heard this year.

Play Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Baillie Gifford's Earnshaw on Xi Jinping's 'new era'

Sophie Earnshaw talks through what Xi Jinping's 'new era' means for investors. and why Chinese tech offers some of best growth stocks in the world.

Read More
Your Business: Cover Star Club

Profile: JM Finn on why the future is with financial planners

Profile: JM Finn on why the future is with financial planners

There is a lot of work on pension consolidation and Sipps have been a big driver there, says JM Finn chief executive

Wealth Manager on Twitter