Schroders Wealth Management launches global wealth advisory service

Schroders Wealth Management, including Cazenove Capital, has launched a global wealth advisory service, aiming to address rising complexity among ultra high net worth (UHNW) clients.

The strategic offering has initially been launched in the UK, and will launch in Switzerland and Asia later this year.

Schroders Wealth Management said the service would provide holistic, strategic guidance across the full range of UHNW client needs.

These included tax-efficient structuring, intergenerational wealth transfer, philanthropy, and cross-border planning.

The firm noted that UHNW clients’ expectations were evolving, with individuals increasingly seeking integrated support beyond portfolio management.

Its new service looks to provide guidance to support clients with framing objectives, prioritising key issues, and understanding potential solutions.

Schroders Wealth Management has established a team for the offering, including wealth advisers Jonathan Brownlow and Ryan Thysse in London.

Further appointments will include teams in Switzerland and Singapore, and will be announced later this year.

“Client needs are becoming more sophisticated, often spanning multiple jurisdictions, generations and asset classes,” said Schroders Wealth Management head of wealth planning & advisory, James Gladstone.

“Our global wealth advisory service enables us to engage directly in these discussions, helping clients navigate this complexity and to make informed decisions with confidence.”

The launch comes as Schroders looks to reshape its wealth management businesses, with the firm agreeing to sell its UK integrated financial advice business, Benchmark, to Söderberg & Partners.

This reshaping comes amid Schroders' own acquisition by US investment manager Nuveen, which agreed to acquire the firm in February.

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