The Woman’s Initiative will be run by SJP’s flagship training operation, St James’s Place Academy, and is open to women from all career backgrounds.
Commenting on the launch, the academy’s director, Adrian Batchelor, said there was “no justification” for the wealth management industry’s domination by men.
He said: “Being a partner of St James’s Place is challenging, but ideally suited to women because of its flexibility and self-determination. Our comprehensive training programme provides professional women in business, who may be seeking autonomy in their career, a way to find a balance between work, family and lifestyle.”
The programme will act as a bridging course for those with no experience in the financial advice sector, giving them the necessary training before they “graduate” to become partners within the firm.
A spokesperson for the company said the “majority” of candidates were mothers returning to work or former city professionals “shifting tracks”.
There are currently four women at senior levels within SJP, all of whom are non-executive directors.
Sophie de Rouet, a London-based partner at SJP, said: “For people who are driven, motivated and happy to work hard, I think it’s a great opportunity to balance having a family and work.”