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[$$] Lloyds to hire 700 advisers in wealth management push

plans to hire more than 700 financial advisers, setting the stage for a potential acquisition spree and war for talent against rivals such as St James’s Place and Rathbones. , the FTSE 100 fund manager, announced a tie-up of their wealth, investment and financial planning businesses last year, with a stated goal of becoming a “top three UK financial planning business” within five years. One person familiar with the plans said much of the growth could come organically, particularly by attracting existing Lloyds bank customers who currently use wealth and investment services elsewhere.

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