Talking points

Specialist wealth management service for US Clients

Working with American clients who are looking to have their wealth managed outside of the US

18/10/2017

We are delighted to welcome the Americas Team to spearhead our specialist wealth management service for American clients who want their assets managed outside of the US.

The team, which forms part of our international wealth management offering and operates under the Schroders brand, has a wealth of experience in managing the investment affairs of US clients who are UK residents or live in their home country and wish to hold money in the UK. The team operates as one of the few US Securities and Exchange Commission (SEC) registered investment advisers in the UK, offering discretionary and advisory services to US clients. 

Global perspective

Americans have been underserved in the UK for many years since the 2008 financial crisis and the mounting regulatory responsibility that followed. Part of this was the introduction
of the Foreign Account Tax Compliance Act (FATCA). This was aimed at gathering information about US taxpayers who held money outside of the US with foreign financial institutions (FFIs). Many FFIs found it easier not to operate accounts for Americans and this, compounded by a lack of US qualified advisers, drove many UK investment managers to withdraw from advising US clients after the financial crisis.

The specialist team is fully committed to serving the needs of US clients for whom the choice of managers has become increasingly restricted and who seek a wider choice of investment managers across international locations. Utilising Schroders’ investment process, the team is able to provide a truly global perspective and a depth of research across a range of investments and markets. 

The team operates as one of the few US Securities and Exchange Commission (SEC) registered investment advisers in the UK

Diversifying across regions

Martin Heale, Head of the Americas Team, says: “The question we are most often asked is why does an American resident wish to hold their money in London? The answer may be best given in one word, ‘diversification’.” Wealthy families may well use more than one investment manager to run their portfolios in order to contrast performances and spread risk, be that the risk of poor performance or credit risk.

Internationally minded American families know there is
no greater diversification than using investment managers in different countries. They not only offer different investment styles and performances but also different country risks and different legal protection. For example, the British have a long history of international trade and a conservative approach to managing money with an excellent judiciary. This in no small part has led London to become one of the world’s major financial centres and therefore provides a natural base for
the team.

Contact us
If you would like to find out more about our services and how we can help you, please contact Martin Heale, Portfolio Director, on +44 20 7658 3602 or martin.heale@schroders.com

This document is issued by Schroders Wealth Management (US) Limited, who together with connected companies provide the services described. Schroders Wealth Management (US) Limited is authorised and regulated by the Financial Conduct Authority. Registered office at 31 Gresham Street, London EC2V 7QA. Registered number 10761882 England. Services supplied by Schroders Wealth Management (US) Limited and connected companies may be subject to value added tax (VAT). Schroders Wealth Management (US) Limited is registered for VAT in the United Kingdom (GB 243 8687 30). For the purposes of the Data Protection Act 1998, the data controller in respect of any personal data you supply is Schroders Wealth Management (US) Limited. Personal information you supply may be processed for the purposes of investment administration by the Schroders Group, which may include the transfer of data outside of the European Economic Area. Schroder & Co. Limited may also use such information for marketing activities unless you notify it otherwise in writing. For your security, communications may be recorded or monitored.

Contact the Americas Team

To discuss your wealth management requirements, or to find out more about our services and how we can help you, please contact:

Martin Heale

Martin Heale

Portfolio Director
Telephone:
martin.heale@schroders.com
Janette Saxer

Janette Saxer

Portfolio Director
Telephone:
janette.saxer@schroders.com