The new offering has gone live in the UK and Switzerland, and will do so in Asia later this year. The UK-headquartered group has been sharpening its wealth management focus, as shown by its move to spin off a financial advice business, announced earlier this week.

Schroders Wealth Management, including Cazenove Capital, is launching a new global wealth advisory service. This is offering is aimed at ultra-HNW clients, Schroders said.

The offering officially launched yesterday in the UK and Switzerland and will be rolled out in Asia later in 2026, Schroders said in a statement. 

The announcement came a day after Schroders said it has agreed to sell Benchmark, its UK integrated financial advice business, to Sweden-based Söderberg & Partners, which Schroders said sharpens its focus on wealth management.

Describing the new venture, Schroders said the advisory service will provide “holistic, strategic guidance across the full range of UHNW client needs”. These include tax-efficient structuring, intergenerational wealth transfer, philanthropy and cross-border planning. The service complements Schroders Wealth Management’s existing investment management, wealth planning and family office capabilities, it said. 

“Client needs are becoming more sophisticated, often spanning multiple jurisdictions, generations and asset classes. Our global wealth advisory service enables us to engage directly in these discussions, helping clients navigate this complexity and to make informed decisions with confidence,” James Gladstone, head of wealth planning and advisory, Schroders Wealth Management, said.

Schroders Wealth Management said it has built a dedicated team for the global service which includes experienced wealth advisors such as Jonathan Brownlow and Ryan Thysse in London. Further appointments will include teams in Switzerland and Singapore, to be announced later this year.

As described earlier this week, Schroders’ sale of Benchmark plays an important role in Schroders' strategy announced in March 2025 to simplify the group.

Schroders is itself in the process of being acquired. Nuveen, the $1.4 trillion AuM US asset manager and wholly owned subsidiary of financial services organisation TIAA, said in February it had agreed to buy the venerable UK-listed group. That deal came shortly after NatWest
Group’s purchase of Evelyn Partners. The Nuveen/Schroders transaction is expected to be completed in the fourth quarter of 2026, after the final regulatory and antitrust clearances.