Barclays is to train 450 account managers into independent financial advisers as the basis of a weal...
Barclays is to train 450 account managers into independent financial advisers as the basis of a wealth management service it is setting up. The advice element of the service will be introduced in September into the newly branded Barclays Private Clients division. However, until the new intermediaries have passed their Certificate for Financial Advisers qualifications, the division will use the Woolwich IFA arm, acquired last October, to provide independent advice. Barclays has 125,000 clients in its Premier banking service, looked after by account managers who are to become intermedia...
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