Birmingham, London, 21 March 2022
Cazenove Capital, one of the UK’s leading wealth management businesses and part of the Schroders Group, today announces the opening of a new office at 2, Chamberlain Square, Birmingham, to support its expanding Midlands client base.
This new office provides Cazenove Capital with a local hub from which to offer locally-informed, personal advice to clients across the Midlands, continuing its longstanding and deep-rooted relationships with the region’s entrepreneurs. Based in a newly re-invigorated part of the city, the office is well-positioned to service business owners at the forefront of the region’s economy in sectors ranging from manufacturing to life sciences, e-commerce and technology.
The office is equipped to support a full hybrid working environment as the UK embraces a more flexible approach to work in the post-pandemic economy, and in line with the framework set out by parent company Schroders in its Flexible Working Charter.
Cazenove Capital’s Midlands team is headed by Dave Price, who has 27 years’ industry experience and a deep knowledge of the local area. Prior to joining Cazenove Capital’s Birmingham team in January 2021, Dave was the Midlands Regional Head for UBS and was also a part of the team which established Credit Suisse’s Private Banking Midlands office. Dave is supported by eight other local wealth management specialists who can provide the full range of Cazenove Capital’s investment, wealth planning and lending services to clients across the Midlands.
The move is a continuation of Cazenove Capital’s regional growth strategy focused on building the business’ on-the-ground presence across the UK’s major regional hubs. Since January 2021, the business has deepened its presence in Britain’s economic hubs through high-profile strategic hires in Birmingham, Bristol and Edinburgh.
Dave Price, Head of Midlands Region, commented: “As home to, almost a sixth of the UK’s population, close to 650,000 vibrant companies and several leading UK universities, the Midlands is a significant economic hub, with numerous entrepreneurs, families and individuals able to benefit from Cazenove Capital’s expert advice.
“We look forward to using the new office in Birmingham as a springboard to continue deepening our long-established relationships with clients in the region and to building new ones.“
Karan Sejpal, Team Head responsible for Business’ Owners and Entrepreneurs, and the UK Regions commented: “Business owners and entrepreneurs are the engine of British economic growth and innovation. The Midlands, in particular, is home to several, notable success stories in recent years, reflecting its attractiveness as a place to start and develop a business.
“The outlook for the region is very exciting, with events like the Commonwealth Games bringing much needed tourism to the area, infrastructure investment deepening Birmingham’s connection to London, and the energy transition providing ample opportunity for graduates to leverage the region’s manufacturing and industry expertise to create transformative technologies and products.”
Mary-Anne Daly, Chief Executive at Cazenove Capital, said: “We are delighted to announce the opening of another office in a key regional hub which demonstrates our commitment to supporting clients UK-wide.
”We are committed to bringing personalised, meaningful wealth management services to our clients across the UK. We strongly believe there is an opportunity to help current and future business owners with their ambitions, and Cazenove Capital is expertly placed to meet these needs.”
For further information, please contact:
Alexandra Feast, FTI Consulting +44 (0) 20 3727 1978 firstname.lastname@example.org
Augustine Chipungu, Schroders +44 (0)20 7658 2106 email@example.com
Note to Editors
About Wealth Management
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 is based in the UK and Channel Islands. It is part of Schroders Wealth Management which includes offices in Singapore, Hong Kong and Switzerland.
Schroders Wealth Management, including Cazenove Capital, has £81.2 billion in assets under management globally across all Wealth Management offices (including Benchmark Capital, part of wealth management) as at 31 December 2021.
Cazenove Capital has been part of the Schroders Group since 2013. Schroders is a London-based global asset manager, delivering a broad range of investment solutions designed to meet the diverse needs of institutions, intermediaries and high net worth individuals. The combined heritage of Cazenove Capital and Schroders is unique in the investment world, bringing together the investment expertise of a global asset manager with long-standing experience of serving advisers and their clients.
Founded on the strength and integrity that has underpinned two great family companies for centuries, Cazenove Capital and Schroders have an enduring commitment to providing exceptional levels of service and expertise. It is those qualities that have set us apart for generations; they will continue to be fundamental to the way we look after our clients.
Further information about Cazenove Capital can be found at www.cazenovecapital.com.
Issued by Cazenove Capital which is part of the Schroders Group and is a trading name of Schroder & Co. Limited. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
When investing, your capital is at risk.
The value of your investments and the income received from them can fall as well as rise. You may not get back the amount you invested. Cazenove Capital is a trading name of Schroder & Co. Limited. Registered Office at 1 London Wall Place, London EC2Y 5AU. Registered 2280926 England. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. For your security, communications may be taped or monitored.
Founded in 1804, Schroders is one of Europe’s largest independent investment management firms by assets under management. As at 31 December 2021, assets under management were £731.6 billion (€871.3 billion; $990.9 billion). The founding family remain a core shareholder, holding approximately 48% of the firm’s voting shares. Schroders has continued to deliver strong financial results. It has a market capitalisation of circa £8 billion and employs over 5,700 people across 37 locations.
Schroders has benefited from the most diverse business model of any UK asset manager by geography, by asset class and by client type. Schroders offers innovative products and solutions across their five business areas of solutions; institutional; mutual funds; private assets & alternatives; and wealth management. Clients include insurance companies, pension schemes, sovereign wealth funds, endowments and foundations. They also manage assets for end clients as part of their relationships with distributors, financial advisers and online platforms. Schroders’ Wealth Management offering reflects their strategic ambition to provide wealth management and financial planning services to clients across the wealth spectrum.
Schroders’ strategic aims are to grow their asset management business, build closer relationships with end clients and expand their private assets and alternatives business. Schroders’ purpose is to provide excellent investment performance to clients through active management. The business channels capital into sustainable and durable businesses to accelerate positive change in the world. Schroders’ business philosophy is based on the belief that if we deliver for clients, we deliver for Shareholders and other stakeholders.
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.