More than 500 employees transfer to Schroders Personal Wealth

Launched in February 2019

clock • 1 min read

More than 500 Lloyds and Schroders employees have transferred over to nascent financial planning business Schroders Personal Wealth, which is on track to launch to the wide market later this year.

Schroders Personal Wealth chief executive James Rainbow described the move as a "significant milestone" for the business and expressed his "delight" with the progress the firm was making. "Our priority is to ensure a smooth transition for our colleagues and current clients," Rainbow said. "With the support of our two shareholders, we have great momentum in this exciting project." He added: "More people than ever need help as they plan for their futures. Schroders Personal Wealth can play a role in helping address the need for financial planning with a clear and transparent service." ...

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