St James’s Place (SJP) partner practice Morrinson Wealth Management has closed down.
A SJP spokesperson confirmed to PA that London-based Morrinson Wealth Management is no longer an appointed representative (AR) of SJP. It confirmed that all clients and most advisers have been transferred to a new AR, authorised by the Financial Conduct Authority (FCA) and wholly owned by SJP. PA understands that the clients and advisers transferred to SJP partner practice Fortura Financial Partners in December last year. The FCA register confirms that Morrinson Wealth Management has not been authorised by the regulator since 3 January 2025. It registered with the FCA in November 2...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes