Schroders has appointed Peter Hall, former CEO of Tilney, 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, says: “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, says: “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, says: “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.”