Macleod & MacCallum Wealth Management

What Macleod & MacCallum Wealth Management does

Macleod & MacCallum Wealth Management Limited is a private limited company registered in Scotland (company number SC552339), operating from 28 Queensgate, Inverness. The firm was established in 2017 when the long-established Inverness solicitors' practice of Macleod & MacCallum accepted an invitation to join the St. James's Place Partnership; the previous independent financial advice arm of the solicitors' practice was transferred into the newly formed entity at that point. It operates as a Partner Practice and Appointed Representative of St. James's Place Wealth Management plc, representing only St. James's Place for the purpose of advising on the Group's wealth management products and services.

The firm provides bespoke wealth management and mortgage advice to private and corporate clients throughout the Highlands of Scotland. Core service lines include investment planning, retirement planning, protection planning, banking and mortgages, corporate services (employee pensions, benefits packages, Key Person insurance), and intergenerational wealth management. There is no proprietary technology stack; all investment management, fund selection, and portfolio management functions are delivered through the St. James's Place platform and its externally-managed fund range.

The business model is a small-scale, relationship-driven professional services practice. Revenue is derived from advisory fees and commissions on St. James's Place wealth management and mortgage products, with bespoke pricing quoted per client and no standardised fee schedule publicly disclosed. Distribution is entirely direct, via face-to-face and telephone consultations arranged through the firm's Inverness office or website, with secondary lead flow from referrals originating in the legacy solicitors' practice.

Name

Macleod & MacCallum Wealth Management

Legal name

Macleod & MacCallum Wealth Management Limited

Website

https://macleodandmaccallumwm.co.uk

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Macleod & MacCallum Wealth Management is a small Inverness-based advisory firm providing bespoke wealth management and mortgage advice to private and corporate clients across the Scottish Highlands, operating as an Appointed Representative of St. James's Place Wealth Management plc.

Ownership category

akta.pro rank

Product category

Wealth Management Advisory

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industries

Financial Planning & Goals-Based Advice (Mass Affluent) (FSAAAAAF), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

Keywords

• Wealth management advisory
• Retirement planning services
• Investment planning advice
• Mortgage advisory services
• Corporate financial planning

Headquarters

HQ city

Inverness

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Financial Advisory Services: The firm provides bespoke wealth management and mortgage advice as an Appointed Representative of St. James's Place Wealth Management plc. Revenue is derived from advisory fees and commissions on SJP wealth management products and services, including investment planning, retirement planning, protection planning, corporate services, and intergenerational wealth management.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Macleod & MacCallum Wealth Management provides bespoke wealth management and mortgage advice to private and corporate clients throughout the Highlands. Its core offerings include Investment Planning, Retirement Planning, Protection Planning, Banking and Mortgages, Corporate Services, and Intergenerational Wealth Management. The firm operates as an Appointed Representative of St. James's Place Wealth Management plc, advising exclusively on St. James's Place wealth management products and services.

Product overview

Macleod & MacCallum Wealth Management is a financial advisory firm operating as a Partner Practice of St. James's Place, offering a comprehensive suite of wealth management services. The firm's core offerings include Investment Planning, Retirement Planning, Protection Planning, Banking and Mortgages, Corporate Services, and Intergenerational Wealth Management. Services are delivered alongside St. James's Place's fund range and investment management approach, which utilizes external fund managers selected from the global investment market. The firm also provides digital tools such as financial calculators and accesses the broader St. James's Place product ecosystem including their charitable foundation initiatives.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Planning

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• St. James's Place Wealth ManagementcoreChannel Partner/ Reseller/ Distributor · 1 January 2017Macleod & MacCallum Wealth Management operates as 'A Partner Practice of St. James's Place' and is an Appointed Representative of St. James's Place Wealth Management plc. The firm represents only St. James's Place for the purpose of advising solely on the Group's wealth management products and services. St. James's Place is authorised and regulated by the Financial Conduct Authority and is a FTSE 100 company managing over £143.14bn in client funds.

Scale indicators2 records

Recent moves1 record

Expansion highlights3 records

Broad incumbents

• Brewin Dolphin: UK wealth manager offering discretionary portfolio management and financial planning to private clients and intermediaries. Comparable on client segment (private wealth) and breadth of advisory services.
• Rathbones Group: UK-listed discretionary and advisory wealth manager serving private clients, trusts and intermediaries. Comparable as a UK wealth advisory business with a private-client focus and multi-service proposition.
• Abrdn: Global investment manager with a large UK retail and advised wealth business. Comparable as a provider of investment, retirement and protection products through both advised and direct channels.
• Evelyn Partners: UK wealth management and professional services firm providing financial planning, investment management and tax advice to private and corporate clients. Comparable in offering a full-spectrum advisory service to private clients.
• St. James's Place: The FTSE 100 parent and product platform for Macleod & MacCallum Wealth Management. Comparable as the broader wealth management ecosystem the Partner Practice sits within, with overlapping advisory, fund and platform offerings at much greater scale.
• Quilter: UK wealth manager with an adviser platform and discretionary investment solutions serving retail and mass-affluent clients. Comparable as a UK wealth advisory and platform business targeting similar client segments.
• Tilney (now part of Evelyn Partners) / Smith & Williamson: UK wealth and professional services firm offering investment management, financial planning and tax advisory to private and corporate clients. Comparable on service breadth and private-client focus.

Direct peers

• Killik & Co: Independent UK wealth advisory firm providing bespoke financial planning, investment and retirement advice to private clients. Closely comparable on business model, scale and client segment to a small SJP Partner Practice.
• Foster Denovo: UK financial advisory and wealth management group operating a network of partner practices. Directly comparable as a multi-adviser UK wealth advisory platform with a partnership/affiliated model.
• JM Finn: UK-based discretionary and advisory wealth manager serving private clients, families and intermediaries. Comparable as a relationship-led UK private wealth advisory firm of similar character.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Macleod & MacCallum Wealth Management