Credit: Sean Pollock on Unsplash.

Schroders Personal Wealth (SPW) has set up a regional office in Leeds in a move to expand its presence across the UK.

Located in City Square in the city centre, the new office will also act as the regional hub to serve the firm’s client base in Yorkshire and the North East.

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SPW said that the clients in London will continue to be served by its headquarters in London.

The launch of Leeds office follows a series of office opening by the firm across the country, including in Cardiff, Bristol, Horsham, Cambridge, Oxford, Edinburgh, Exeter and Manchester.

Each region is headed by a regional director with support from a team of personal wealth advisers and a local support team.

SPW chief executive Mark Duckworth said: “The opening of our Leeds office shows our continued commitment to growing our business across the UK.

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“We already have a number of well-established regional offices helping us to achieve our goal of bringing more advice to more people. Expanding our regional presence will ensure that our clients can benefit from a more personal and local experience, allowing them to develop strong relationships with our advisers and support teams within the region.”

SPW is a joint venture between n Lloyds Banking Group and Schroders.

Latest developments at SPW

Last month, SPW selected Riskonnect to augment its risk management practices, streamline workflows, and enhance reporting processes.

In May this year, the firm appointed Marcelo Rodrigues as head of business development for Scotland and Northern Ireland.

Last year, SPW established an academy to equip candidates with the skills and qualifications required to become personal wealth advisers.