HSBC UK has partnered with London Business School on its wealth academy.
From this Autumn, the academy will offer educational resources, best practice and academic accreditations for professionals in the wealth management industry.
According to HSBC, the foundation course will be open to all HSBC UK colleagues.
While top-performing advisers will then also gain access to the ‘Wealth Excellence’ curriculum, accredited by the London Business School.
The academy is being rolled out across 15 markets globally and will sit alongside the bank’s current ‘Academy Pathway’ development programme.
Having launched last year, the programme offers colleagues at any level of seniority, from anywhere across the bank, the opportunity to train to become a wealth manager, including through the funding of qualifications.
Christopher Dean, managing director of wealth, premier and personal Banking at HSBC UK, said: “It is no secret that there is a growing talent shortage within the wealth management industry in the UK, at a time where customer demand continues to grow and client needs are becoming increasingly sophisticated.
“To continue to offer our customers standout, personalised services, we are focused on creating world-class training capabilities and investing in our people’s development over the long-term.”
The curriculum for the academy was decided after the bank surveyed 800 colleagues about their learning needs.
Respondents said they wanted a “one stop location” for training that catered for different levels of expertise and provided accreditation to help evidence professional development.
“Rooted at the heart of the learning model is providing world-class service to our customers.
“Through structured learning, immersive live training, and exposure to global best practices, we are empowering our teams to have more meaningful, insightful conversations with clients and to build even deeper trust,” Dean added.
alina.khan@ft.com
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