Schroders Personal Wealth has announced the names of the leadership team of its financial advice venture with Lloyds.
The chief executive of the joint venture had previously been announced as James Rainbow, who had been co head of intermediary at Schroders.
Marcus Brookes, who had been head of multi manager funds at Schroders, will be chief investment officer at the new venture.
Sarah Deaves will be head of client relationships and a managing director. She currently holds the title of investment advice and private client director at Lloyds Banking Group.
The chairman of the business will come from Lloyds Banking Group with Antonio Lorenzo, who is chief executive of Scottish Widows, and director of insurance and wealth at Lloyds Banking Group.
The venture is targeting customers with £100,000 of investible assets.
Thousands of clients presently advised by Lloyds will transfer to the new venture as their annual review comes up, while billions of assets previously managed by Aberdeen Standard Investments will also transfer over in due course.
Mr Rainbow said: "We are making great progress on designing a leading financial planning offering backed by Lloyds Banking Group’s and Schroders’ expertise.
"I look forward to working with the leadership team to shape a proposition that meets the evolving needs of UK investors and savers."