Schroders Personal Wealth has revealed plans to launch 11 new regional hubs across the country – from Exeter to Edinburgh.
The wealth manager said the new hubs will act as “semi-autonomous” advisor businesses within the firms network, located in Birmingham, Bristol, Cambridge, Cardiff, Edinburgh, Exeter, Guildford, Manchester, Leeds, London and Oxford.
Each will be headed by a regional director, who will “shape the future of their own business having responsibility for selecting & leading the hub team, delivery of local support and revenue generation”.
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Schroders Personal Wealth will continue to have a head office in London and a centralised operations centre in Leeds, with both providing the central functions to support the 11 hubs.
Peter Hetherington, CEO said: “This is another important milestone for Schroders Personal Wealth. This group of new leaders will be pivotal in driving the success of the business going forward, both at the regional and group level.
“During the current environment supporting our clients remains paramount to us. We remain fully operational and continue to be in regular contact with clients and are available to support them through this period of heightened concern.
“This new structure ensures we can continue to put our clients’ needs first.
“It allows clients to get a more personal and local experience, developing strong relationships with advisers and support within the hubs.”