Schroders appoints new Global Head of Wealth Management
Schroders is today announcing that Peter Hall, former CEO of Tilney, is appointed as its new Global Head of Wealth Management.
Peter is replacing Andrew Ross who has decided to step back from a full-time executive role and will move to a new role within Schroders as Vice Chairman Wealth Management. In this capacity, Andrew will advise Schroders on the sector, provide continuity and focus on the services we offer to families at the top end of our client base, which is an area of strength on which we wish to build.
Peter Hall has extensive wealth management experience having held a number of leadership roles over the last 20 years in the UK, US and Europe with Barclays, UBS and most recently Tilney. As CEO of Tilney, he led the UK wealth management business through a period of major growth and investment in client service excellence. He stepped down in October 2017 after seven years at the helm and more recently has been an adviser to Tilney’s parent company Permira on pursuing investment opportunities in global wealth management.
Peter’s position will be effective from 2 January 2019 and is subject to regulatory approval. He will be based in London, report to Peter Harrison, Group Chief Executive and take all of Andrew’s direct reports. Andrew will continue in his current role as Global Head of Wealth Management until 31 December 2018 to ensure a smooth transition.
Peter Harrison, Group Chief Executive, said:
“Andrew has built a strong team combining the best of Cazenove Capital and Schroders Wealth Management giving us a platform for growth in the future. Continuing to grow our wealth management business is a strategic priority. Peter Hall’s industry experience, proven management track record and leadership skills mean he is the right person for this job. He understands and believes in the service, philosophy and culture that is so important to us and our clients.”
Andrew Ross, Global Head of Wealth Management, commented:
“It has been a real privilege to serve as Chief Executive at Cazenove Capital and then as Global Head of Wealth Management at Schroders. Peter joins a formidable team and together they will continue to provide excellence to our clients which is the central purpose of the firm. I look forward to working with him and the team in my new role.”
Peter Hall, newly appointed Global Head of Wealth Management, added:
“I am delighted to be joining an exceptional wealth management business with a great brand, a quality team and a client-centric culture in which I strongly believe. I am excited about working together to enhance the service we offer clients and to capture future growth opportunities both in the UK and internationally.”
For further information, please contact:
Charlotte Banks, PR Manager Charlotte.Banks@schroders.com / 020 7658 2589
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Biography: Peter Hall has extensive wealth management experience having held a number of leadership roles over the last 20 years in the UK, US and Europe with Barclays, UBS and most recently Tilney. As CEO of Tilney, he led the UK wealth management business through a period of major growth and investment in client service excellence. Peter stepped down from Tilney in October 2017 after seven years at the helm and more recently has been an adviser to Tilney’s parent company Permira on pursuing investment opportunities in global wealth management.
About Schroders plc
As a global investment manager, we help institutions, intermediaries and individuals meet their goals, fulfil their ambitions, and prepare for the future. But as the world changes, so do our clients’ needs. That’s why we have a long history of adapting to suit the times and keeping our focus on what matters most to our clients.
Doing this takes experience and expertise. We bring together people and data to spot the trends that will shape the future. This provides a unique perspective which allows us to always invest with conviction. We are responsible for £447.0 billion (€503.6 billion/$604.7 billion)* of assets for our clients who trust us to deliver sustainable returns. We remain determined to build future prosperity for them, and for all of society. Today, we have 4,600 people across six continents who focus on doing just this.
We are a global business that’s managed locally. This allows us to always keep our clients’ needs at the heart of everything we do. For over 200 years and more than seven generations we’ve grown and developed our expertise in tandem with our clients’ needs and interests.
Further information about Schroders can be found at www.schroders.com.
Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority. For regular updates by e-mail please register online at www.schroders.com for our alerting service.
*as at 31 December 2017
About Cazenove Capital
As a long-established wealth manager with an absolute focus on preserving and growing our clients’ wealth, what matters most to our clients, matters most to us.
Private individuals, family offices, trusts, institutions and charities all rely on us to provide them with bespoke wealth management services. Skilled in investment management, wealth planning and banking services – we also offer discretionary fund management to external advisers and their clients, and we are the largest charity fund manager by assets under management in the UK.
For two centuries we have helped clients look forward to a successful future. With each client, we plan for the long term and invest the time to gain a detailed understanding of their unique circumstances, goals and ambitions. The majority of our clients, and many of our own people, work with us for years, decades and even generations. This creates relationships of unusual depth.
Our experience of navigating complex markets and adapting to change helps us balance risk and reward. The investment expertise we call upon as part of Schroders, a truly global asset manager, combined with our long-standing experience of advising clients, is what sets us apart.
Wealth Management office locations
Cazenove Capital: UK, Channel Islands
Schroders Wealth Management: Gibraltar, Singapore, Hong Kong, Germany, Spain and Switzerland.
£45.9bn assets under management globally across all Wealth Management offices (including Benchmark Capital) as at 31st December 2017.
Further information about Cazenove Capital can be found at www.cazenovecapital.com.