SPW takes on Barclays Wealth distribution head for senior role

Ben Waterhouse will report into chief executive Mark Duckworth

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Schroders Personal Wealth has appointed former Barclays Wealth distribution head Ben Waterhouse as chief client officer.

Waterhouse will report to SPW chief executive Mark Duckworth (pictured) when he joins in Q2 2022 and will be responsible for driving the firm’s growth strategy for its regions across the UK and improving and delivering SPW’s advice proposition to its clients.

At Barclays Wealth, he was managing director and head of distribution, leading all client facing functions across the UK. Previously, he worked in a number of roles at Fidelity International, most recently as global head of intermediary distribution for the digital wealth business. He also spent a decade working at Legal and General.

Waterhouse said it was an exciting time to be joining SPW. “The client centric approach of the company and its beliefs around financial planning resonate strongly with me. I’m a firm believer that financial planning can help people achieve their goals.”

Duckworth said Waterhouse had a strong track record and robust understanding of the global wealth management and investment industry that would help SPW as it tries to become one of the largest financial planning businesses in the UK.

“As a business we have made huge progress over the last 12 months with our ambition of delivering more advice, to more clients than any other financial institution and we have achieved a great amount in a small period of time.

“We will continue with our ambitious plans this year and growth remains an important part of our agenda. Ben will play a fundamental part in not only delivering, but improving, our advice proposition and making sure we continue to achieve our goal of giving more advice to more clients.”

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