View more on these topics

Schroders to offer wealth management services to US clients

Schroders-Building-700x450.jpgSchroders has established a new London-based wealth management company to cater for high net worth US clients who live in the UK or North America.

Schroder Wealth US will sit alongside Cazenove Capital in the wealth management division, subject to regulatory approval.

Martin Heale will head up the US wealth management team at Schroder Wealth US. He joins in August from RBC where he was managing director in the Americas private wealth team.

Mary-Anne Daly has been appointed chief executive of Schroder Wealth US and will continue in her current role as CEO of Cazenove Capital in the UK.

Daly says:This is an exciting development for our business. We have a long experience of managing US clients resident in the UK and are fully familiar with their complex investment and reporting requirements. The recruitment of such an experienced individual as Martin reinforces our commitment to serving US clients including those living in the US.”

Andrew Ross, global head of wealth management at Schroders, adds: With our global investment expertise, a growing presence in the US and our long-standing wealth management experience, Schroders is perfectly placed to provide this service and I am delighted to be able to offer it to clients. We now manage circa $50bn of assets for private clients and charities globally and this development is fully aligned with our wider growth strategy.”


Out of context

“I came in on Monday morning and there were beachballs all over my desk.”

AfI launches two new 60% LTV remortgage loans

Abbey for Intermediaries is to launch two new mortgages aimed at remortgage customers. The products, to be launched tomorrow, are a two-year tracker at 2.29 per cent and a two-year fix at 2.99 per cent. Both mortgages are at 60 per cent loan-to-value and come with a £995 fee. The two-year fix has a completion […]

A friend in need

Friendly societies could open the way for workers in high-risk occupations to take out sensible and reasonably priced income protection, says Highclere Financial Services partner Alan Lakey


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm