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Schroders announces senior leadership appointments to support North American expansion

Global asset manager Schroders today announced the evolution of its senior leadership team, as part of its continued focus on the growth of its North American business. Phil Middleton, Tiffani Potesta, and Joel Schiffman will assume new roles furthering the expansion of the firm in the region and strengthening its senior leadership team. All will report directly to Marc Brookman, Deputy CEO, North America who will assume the CEO position in 2020.

Phil Middleton has been named Head of Institutional Distribution, North America, having previously served most recently as Head of UK Intermediary  and held various roles over his 27 year tenure at Schroders. In this role, beginning March 2020, he will be responsible for establishing and maintaining relationships with institutional clients across North America.  Phil will manage the team of institutional salespeople, including Direct Institutional, Consultant Relations, Canada, Endowments & Foundations and Relationship Management & Client Service executives as well as the Alternative Sales Unit (ASU) team. 

Joel Schiffman has been named Head of Intermediary Distribution, North America having previously joined the firm in February 2019 as Head of US Defined Contribution and Insurance Sales. In this role, he will manage and lead the teams within intermediary distribution, including Sub-Advisory Sales, Defined Contribution, Insurance and Wealth Management.

Tiffani Potesta has been named Chief Administrative Officer, a newly created role, that will include responsibility for business management and strategy for the overall North American business. Tiffani will work directly with Marc to drive growth in North America while continuing to oversee product and marketing for the Americas.

Marc Brookman, Deputy CEO, North America, Schroders, commented:

“As we grow and develop our offerings in North America, we are strengthening our senior leadership team and leveraging Schroders’ global capabilities to bring to our clients and prospects the best of what the firm has to offer across our solutions. Phil, Tiffani and Joel all bring incredible expertise and ambition to help us deploy innovative approaches to institutional and intermediary distribution and the North American business at large.”

 

For further information, please contact:

Katherine Segura of Prosek Partners at 646-818-9266, ksegura@prosek.com
Jennifer Manser O’Rourke of Schroders at 212-632-2947, jennifer.manser@schroders.com   

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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 $565.5 billion (€496.6 billion/£444.4 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 5,000 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/us.

Schroder Investment Management North America Inc. (“SIMNA”) is an indirect wholly owned subsidiary of Schroders plc, a UK public company with shares listed on the London Stock Exchange, and is an SEC registered investment adviser providing asset management products and services to clients in the US and Canada. Schroder Fund Advisors LLC (“SFA”) is a wholly-owned subsidiary of SIMNA Inc. and is registered as a limited purpose broker-dealer with FINRA and markets certain investment vehicles for which SIMNA Inc. is an investment adviser. The Schroder mutual funds (the “Funds”) are distributed by SEI Investments Distribution Co (“SIDCO”), a member of FINRA.  SFA previously served as the distributor of the Funds.  Although SFA has been replaced by SIDCO as the distributor of the Funds, SFA continues to be involved in the distribution of shares of the Funds through an agreement with SIDCO, and SFA, SIMNA and their affiliates continue to provide shareholder services to the Funds.  SIDCO is not an affiliate of Schroders plc.

*as of June 30, 2019

The views and opinions contained herein are those of Schroders' investment teams and/or Economics Group, and do not necessarily represent Schroder Investment Management North America Inc.'s house views. These views are subject to change. This information is intended to be for information purposes only and it is not intended as promotional material in any respect.