Schroders Personal Wealth
Reads as Lloyds Wealth on lloydsbank.com (Lloyds' own leaflet says Lloyds Wealth, formerly Schroders Personal Wealth). Everything below is from the bank's own pages, its regulators or the league table publishers, numbered to the Sources page.
The facts
- Schroders Personal Wealth (now Lloyds Wealth) states that to use the service a client must have £100,000 spread across sole or joint savings, investments or personal pensions (page read 1 November 2026).23
- Schroders Personal Wealth (now Lloyds Wealth) states that to use the service a client can instead have a sole annual income of at least £100,000 (page read 1 November 2026).316
- Schroders Personal Wealth (now Lloyds Wealth) states that the maximum one-off advice fee is £20,000 each time a client goes ahead with advice (page read 1 November 2026).317
- Schroders Personal Wealth (now Lloyds Wealth) states a one-off advice fee of 0% for amounts over £1.14 million (page read 1 November 2026).318
- Schroders Personal Wealth (now Lloyds Wealth) states a one-off advice fee of 1.75% for amounts up to £1.14 million (page read 1 November 2026).319
What it publishes
| Desk | Item | Published | As read |
|---|---|---|---|
| private banking | fee schedule | Yes | Up to £1m Fee 0.65% Amount Invested £1-2m Fee 0.40% Amount Invested £2-5m Fee 0.35% Amount Invested £5m+ Fee 0.15% |
| private banking | minimum investable assets | Yes | To use this service, you must have either: a sole annual income of at least £100,000 £100,000 spread across sole or joint savings, investments or personal pensi |
| private banking | eligibility criteria | Yes | To use this service, you must have either: a sole annual income of at least £100,000 £100,000 spread across sole or joint savings, investments or personal pensi |
| private banking | indicative fee range | Yes | Up to £1m Fee 0.65% Amount Invested £1-2m Fee 0.40% Amount Invested £2-5m Fee 0.35% Amount Invested £5m+ Fee 0.15% |
| private banking | retainer terms | Yes | On going financial advice Receive regular guidance from an experienced financial adviser. [...] Please note: Fees paid monthly in arrears and deducted from your |
The Secret Banker's view
Schroders Personal Wealth's own site refused the connection, and the business now reads as Lloyds Wealth on lloydsbank.com, which a Lloyds leaflet describes as 'formerly Schroders Personal Wealth'. Under the new name everything is published: entry at £100,000 of assets or £100,000 of sole income, a one-off advice fee of 1.75% capped at £20,000, and ongoing advice from 0.65% down to 0.15% at £5 million and over. One of the fullest entries in this census belongs to a name whose own website would not take the call.
Opinion, based on the facts above. Corrections through the contact page; a credible one gets a sourced fix within a week.
No firm named here has been consulted, and none should feel left out.