Schroders Personal Wealth (SPW) is set to open 11 regional "hubs", which will act as semi-autonomous businesses under the SPW umbrella.
The hubs mark a new model for the firm, which launched in 2019 and is a joint venture between Lloyds and Schroders.
The regional hubs will act as semi-autonomous adviser businesses within the SPW network.
Each hub – operational from tomorrow – will be headed by a regional director who will “shape” the future of their business, including hiring and revenue gene...