St. James’s Place to acquire Policy Services.

St. James’s Place, the wealth management group, agreed to acquire Policy Services, a financial advisory firm. The transaction is subject to regulatory approval. Financial terms were not disclosed. Following the acquisition, PSL will be 100% owned by St. James’s Place and will continue to operate as an independent trading entity, directly authorized by the Financial Conduct Authority. It will retain its own name and brand. “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,” Peter Edwards, St. James’s Place Establishment Director.