Societe Generale Private Banking Hambros (SGPB Hambros), the UK wealth management arm of SGPB, has launched a new advisory division.
The 12-strong team, including nine new hires, will provide support to private bankers advising clients on their investment decisions. Each advisor will be assigned to a team of private bankers.
“The new advisory division demonstrates our ongoing commitment to place clients at the centre of the business,” said Eric Barnett, CEO of SGPB Hambros.
“The new hires, who between them speak French, Arabic and Russian, will ensure that we continue to meet the specific needs of our domestic and international clients.”
The firm also said it intends to bolster the team with additional UK domestic advisors in the coming weeks.
This expansion forms part of SGPB Hambros’ commercial strategic plan that launched last year, which the firm aims to grow and improve the business.