St James's Place (SJP) has joined the Law Society of England and Wales strategic partnership programme to provide wealth management and financial planning to solicitors and clients.
SJP will also offer resources for the Law Society solicitors through articles, CPD training and practice area updates focusing on the latest developments in wills and estate management, trusts, charity work and tax matters. It will also highlight the relationship between financial planning and wellbeing.
Established in 1825, the Law Society represents and governs solicitors for the jurisdiction of England and Wales. It provides services and support to practising and training solicitors, as well as serving as a sounding board for law reform. Members of the Law Society are often consulted when important issues are being debated in parliament.
Paul Ainslie, head of campaigns and partnerships at SJP, said: "I am delighted that the Law Society of England and Wales have chosen to work with St James's Place, affording us the opportunity to expand on the support we already provide to solicitors via The Law Society of Scotland."
In October 2021, SJP joined the Law Society of Scotland's strategic partnership programme.
Ainslee added that SJP would share its professional expertise with members so that they have the confidence and knowledge to help make the right decisions at the right time to create the future they want for themselves, their family, their business and their clients.
"As part of the relationship SJP will help solicitors at all stages of their professional career decide how to invest, how to manage significant cash bonuses or business cash flow, acquire or merge with other practices or create a proper legacy plan for their business and retirement plans for themselves."
Fiona O'Mahony, head of partnerships at the Law Society, said: "We're pleased to begin a partnership with St James's Place. As a strategic partner we are looking for SJP to offer their expertise to support our members in all aspects of financial planning with clients. We are also keen to see how their advisors (sic) deliver their knowledge and advice to solicitors as both individuals and businesses themselves."
