View more on these topics

SJP partners with Metro Bank on cash accounts

Bellamy-David-2012-700x450.jpg

St James’s Place has teamed up with Metro Bank to offer clients savings accounts and Isas.

Metro Bank will provide a new cash savings range to SJP clients, including the SJP instant access savings account, the SJP fixed terms savings account, the SJP cash Isa and the SJP trust account.

Partners and SJP clients will also have access to a specialist Metro Bank City branch. Clients will be able to see their banking information as part of their wealth management reports.

Metro Bank chief commercial officer Paul Riseborough says: “We’re delighted to be extending our partnership with SJP, by supporting their clients to manage their cash savings in a more convenient and straightforward way.

“Our ongoing relationship with SJP really demonstrates how new challenger brands can complement established players, in order to enhance customers’ experiences.”

SJP joint chief operating officer Iain Rayner says: “At SJP we recognise the importance of banking to our clients and are committed to developing a range of banking services to provide holistic wealth management.  We see Metro Bank to be an innovative banking partner.”

The move comes after SJP partnered with Metro Bank on a family mortgage range earlier this year.

Recommended

4

New world order: Have Hargreaves and SJP had their day in the sun?

Wealth management giants Hargreaves Lansdown and St James’s Place are said to be under threat as the pressures of a changing investment market and a tough regulator are brought to bear. Analysts suggest the Hargreaves model is particularly at risk, with financial services industry growth likely to plateau, the looming threat from the likes of […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There is one comment at the moment, we would lover to hear your opinion too.

  1. Wow! One of the cheapest and most cost effective banks teaming with one of the most expensive adviser firms. I wonder what mark up SJP will layer on the Metro products?

    Can this be good for Metro’s proposition and perceived market sector?

Leave a comment