History and Background

The Cazenove name has a long and established history in London's financial sector, dating back to its founding as a stockbroker in 1823 by Philip Cazenove. Over two centuries, the firm became a prestigious and well-regarded name in British finance. In 2013, the wealth management business, Cazenove Capital Management, was acquired by Schroders, a global investment management company. This acquisition combined Cazenove's heritage and private client focus with Schroders' global resources and expertise. Today, Cazenove Capital operates as the dedicated private wealth management division of Schroders, serving a diverse client base from its headquarters in London and offices across the UK, Channel Islands, and Asia. The company's enduring family business ethos is maintained by the Schroder family, which remains a significant shareholder in the parent company.

Core Business and Services

Cazenove Capital's primary business is providing bespoke wealth management services to high-net-worth individuals, families, business owners, and charities. The firm distinguishes itself through a personalized, relationship-driven approach, crafting tailored solutions rather than offering generic, off-the-shelf products. The company's services are designed to address complex financial needs and long-term goals.

Key services and products offered by Cazenove Capital include:

1. Portfolio Management

This is a core service, where Cazenove Capital manages client portfolios on either a discretionary or advisory basis. * Discretionary Portfolios: The investment team makes day-to-day decisions on behalf of the client, adhering to a pre-agreed strategy based on the client's risk tolerance, financial goals, and time horizon. * Advisory Portfolios: Clients remain actively involved in decision-making, with the Cazenove team providing expert advice and recommendations. Investment strategies are diversified across various asset classes, including equities, bonds, alternatives, and private assets.

2. Wealth Planning

Cazenove Capital assists clients in creating long-term financial plans to achieve key life goals, such as: * Retirement Planning: Structuring investments and assets to ensure a financially secure retirement. * Estate and Inheritance Planning: Providing tax-efficient planning and structuring to help clients manage inheritance tax liability and plan for intergenerational wealth transfer. * Business Exit Planning: Offering guidance and strategies for business owners looking to sell or transition their company.

3. Sustainable and Impact Investing

The firm has a strong commitment to sustainable investment and has been a leader in this area for decades. It offers a range of sustainable portfolios that aim to generate strong financial returns while also creating a positive social and environmental impact. These portfolios are built on a framework that considers financial performance alongside impact, and they often align with the UN's Sustainable Development Goals (SDGs).

4. Banking and Lending

As a bank regulated by the UK Prudential Regulation Authority, Cazenove Capital offers a selection of banking services to complement its wealth management offerings. These services are typically reserved for its clients and include banking and lending solutions that are integrated with their overall wealth plan.

5. Philanthropy and Charity Services

Cazenove Capital has a dedicated focus on the charitable sector, managing significant assets for a wide range of charities, foundations, and non-profit organizations. The firm provides specialized investment management and philanthropic advisory services to help these entities maximize their impact and meet their financial objectives. They assist in structuring charitable giving and managing endowments in a sustainable and effective manner.

Client Focus

Cazenove Capital's services are tailored for clients with complex financial needs. While it is not a retail-focused firm, it works with a diverse clientele, including: * Private individuals and multi-generational families. * Business owners and entrepreneurs. * Professional advisors, such as lawyers and accountants. * Charities and family offices. The firm also provides services to financial advisers, offering Discretionary Fund Management (DFM) to help them manage tailored portfolios for their own clients.

Operations and Support

The company operates on an open-architecture platform, which means it can access both Schroders' internal investment capabilities and a broad network of external, specialist third-party providers. This approach allows for a flexible and customized investment strategy. Clients benefit from a secure online portal to view their portfolio valuations and performance, but the firm's primary emphasis is on personal relationships and expert, one-on-one advice.