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Schroders Personal Wealth hires research chief

Schroders Personal Wealth hires research chief

New advice firm Schroders Personal Wealth has hired from Morningstar in its latest recruitment drive as the company pushes forward with its investment service and regional growth plans. 

Peter Brunt has been appointed to the role head of manager research, where he will be responsible for developing fund manager research and supporting the company's fund selection process.

Mr Brunt joins from research consultancy Morningstar where he spent five years, most recently as an associate director, after beginning his investment career at S&P Fund Research in 2005.

Schroders Personal Wealth has also bolstered its investment team with the hire of Jennifer Christian, who joins the advice firm as an investment specialist.

Throughout her career Ms Christian has held roles at Quilter Cheviot and Deutsche Bank and will now be based in Manchester supporting clients and business growth as part of a regional drive. 

Marcus Brookes, chief investment officer at Schroders Personal Wealth, said: "We are pleased to have such a high calibre of people join our business.

"We recently announced the launch of our new regional hubs, this new structure allows clients to get a more personal and local experience, developing strong relationships with advisers and support within the hubs." 

Last month the company announced its plans to launch 11 offices across the country, each to be headed by a regional director who will have the freedom to shape their own business.

The hubs are located in Birmingham, Bristol, Cambridge, Cardiff, Edinburgh, Exeter, Guildford, Manchester, Leeds, London and Oxford while a head office in London and a centralised operations centre in Leeds provide central support functions.

Schroders Personal Wealth, which is owned 50.1 per cent by Lloyds and 49.9 per cent by Schroders, typically requires its clients to have a minimum investable assets of £100,000 before taking them on.

Since announcing its launch last year, it has been vocal about its aspirations to become a top three financial planning business in the UK within five years. 

rachel.mortimer@ft.com 

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