Barclays said that whilst the Employee Benefit Consulting team is focused on larger corporate clients and helping them structure their benefits to attract, engage and retain employees, the newly created Corporate Wealth Advisory team will support entrepreneurs and SMEs to manage the risks relating to their employees as their businesses grow.
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Corporate Wealth Advisory team will help clients to ensure that appropriate measures are taken to protect these smaller businesses from the loss of a pivotal member of their team.
The newly created team will be led by Grant Hughes who has recently joined Barclays from RBS, where he most recently headed a team of 10 corporate financial planners covering Wales and the Midlands.
Hughes, who has over 15 years’ corporate financial planning experience, will report to Paul Wilson, director of Corporate & Employer Solutions.
Commenting on the launch of the team, Richard Phelps, head of Barclays Corporate & Employer Solutions said: "This is an exciting time for Corporate & Employer Solutions; last year we launched our Employee Benefit Consulting business under the leadership of Paul Wilson and our Global Share Plan business under Chris Mowatt.
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By GlobalData"With the addition of Corporate Wealth Advisory we are now able to serve the needs of all businesses, regardless of size and requirements. Grant’s arrival and the recruitment of his team are a key step in the growth of Barclays C&ES," he added.
