HSBC Channel Islands and Isle of Man has added more than twenty advisors to its dedicated wealth services team over the past six months.
The growth is part of its strategic aim to develop an international wealth hub for island and expat customers.
Towards the end of last year, the Bank announced plans to expand its wealth services to customers in Jersey, Guernsey and the Isle of Man and worldwide through HSBC Expat by making the Channel Islands one of its centres of excellence within HSBC globally.
Six months on, the Bank is almost 75% through its recruitment drive having initially targeted thirty new wealth advisory roles, has launched a new ‘Wealth Insights hub’ on its Channel Islands and Isle of Man website, and has introduced a number of new investment funds into its range, including ESG funds.
In addition, more than fifty existing staff are going through the Bank’s dedicated Wealth Academy, which supports the development of internal talent enabling staff to undertake structured, specialist training and industry accreditation, to provide island and international customers with the advice and guidance they need.
Commenting on the expansion, Cameron Senior, Interim Head of Wealth & Personal Banking at HSBC Channel Islands and Isle of Man, said: “Towards the end of last year, we announced our intention to build on our already strong and diverse businesses, and expand our wealth proposition significantly. The aim was to create around 30 new roles and enhance our range of wealth solutions and services.
“We’ve made significant progress over the past six months, and we’re keen to maintain momentum throughout the rest of this year, including continuing to add to our wealth and investment products, building our team further and introducing innovative solutions to help our customers invest easily and smartly.”
