Wealth management group St James’s Place has taken over Linlithgow financial advice firm Policy Services Ltd (PSL).
PSL, based at the town’s Oracle Campus, has been a longstanding provider of administration, fee reconciliation and advice services to partners of SJP and their clients who hold non-SJP policies and plans.
It will be 100% owned by St James’s Place but operate as an independent trading entity under its own name and brand. There will be no changes to business operations at PSL.
Peter Edwards, establishment director at St James’s Place, said: “I am delighted to welcome Policy Services Ltd to the St. James’s Place Group. This acquisition is a natural next step in the continuation of a long-standing and successful business relationship. We look forward to Policy Services further strengthening the services it offers to Partners and clients who hold non-SJP products in their portfolios.”
Policy Services CEO David Ness said: “I am excited that Policy Services Ltd will be joining the St James’s Place Group. We have been a close associate of St. James’s Place for over seventeen years and take great pride in our ability to support clients by providing them with financial advice.”
