Cazenove Capital wealth management review: what are the pros and cons?
We review and explore the features and offerings of Cazenove Capital in the UK to help you decide whether it aligns with your financial goals.
Cazenove Capital is one of the UK’s most well-known names in wealth management, particularly among high-net-worth individuals and families. But is it the right choice for you?
In this detailed review, we explore what Cazenove Capital does, the services it offers, what it costs, and how it compares to other options in the wealth management market.
Cazenove Capital is a prestigious wealth management firm that forms part of the Schroders Group.
Headquartered in London, Cazenove Capital also has offices in Birmingham, Bristol, Chester, Edinburgh, Leeds, Manchester and Oxford.
Cazenove Capital offers a wide range of wealth management services.
Cazenove Capital doesn’t publish a standard fee schedule, as its pricing is tailored to each client’s needs and the complexity of their portfolio.
Cazenove Capital: who are they?
Cazenove Capital is a prestigious wealth management firm that forms part of the Schroders Group, one of the world’s leading asset managers.
With roots going back to the early 19th century, the Cazenove name has long been associated with high-end financial services in the UK.
In 2013, Schroders acquired Cazenove Capital, and the firm now serves as Schroders’ dedicated private wealth management division.
Headquartered in London, Cazenove Capital also has offices in Birmingham, Bristol, Chester, Edinburgh, Leeds, Manchester and Oxford.
Cazenove Capital primarily caters to high-net-worth individuals, families, business owners, and trustees.
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Founded
1823
Assets under management (AUM)
£99.2 billion
Fees
Between 0.6% and 1% per year, depending on portfolio size
What does Cazenove Capital do?
Cazenove Capital provides bespoke wealth management services, including investment management, financial planning, tax-efficient structuring, and family office services.
Unlike off-the-shelf solutions offered by some banks and fintechs, Cazenove Capital takes a personalised approach.
Their team works closely with clients to understand their financial goals, family circumstances, and long-term aspirations.
This allows them to design tailored investment portfolios and wealth plans that reflect each client’s unique situation.
Their services are particularly popular with entrepreneurs preparing for a business exit, individuals planning for retirement or inheritance, and families aiming to create multi-generational wealth strategies.
What are the pros and cons of Cazenove Capital?
Like any wealth management firm, Cazenove Capital has its strengths and limitations.
Here's a balanced look:
The pros of Cazenove Capital
Strong reputation and heritage: Backed by Schroders, a FTSE 100 company with over £800 billion under management.
Tailored wealth management: Highly personalised service for complex financial needs.
Specialist teams: Expertise in dealing with entrepreneurs, business exits, family wealth, and charitable foundations.
Dedicated investment managers: Clients typically have a direct relationship with a named adviser.
Comprehensive services: Covers investment, tax, estate planning, and philanthropy under one roof.
Discretionary and advisory portfolios: Offers flexibility depending on how involved clients want to be.
Strong ethical and ESG credentials: Incorporates environmental, social, and governance factors into its investment process.
The cons of Cazenove Capital
High minimum investment threshold: Typically requires £1 million or more to open an account.
Not suitable for everyday investors: Focuses on high-net-worth individuals and families only.
Limited digital tools compared to robo-advisers: Not a good fit for DIY investors or those wanting full app-based control.
Opaque fee structure: Fees are bespoke and not readily available on the website, making comparison difficult.
In-person model may not suit everyone: It is heavily relationship-based, which might not appeal to those seeking a more hands-off approach.
What services do Cazenove Capital offer?
Cazenove Capital offers a wide range of wealth management services, including:
Investment management
Their core service is managing client portfolios on a discretionary or advisory basis.
Investment strategies are customised based on a client's financial goals, risk tolerance, and time horizon.
Cazenove Capital invests across asset classes including equities, bonds, alternatives, and ESG funds.
Financial planning
They offer strategic financial planning to help clients meet key life goals, such as retirement, education funding, philanthropy, or intergenerational wealth transfer.
Tax and estate planning
Cazenove Capital provides tax-efficient planning to help clients make the most of allowances and reduce liability, including inheritance tax mitigation and trust structuring.
Charity and philanthropy services
They work with charitable trusts, foundations, and non-profits to manage endowments and structure giving in a tax-efficient and sustainable way.
Family office services
For ultra-high-net-worth families, Cazenove Capital can act as a family office, managing everything from investments to property and family governance.
Specialist advice for entrepreneurs
Business owners going through a sale or succession planning benefit from their specialist team of advisers who understand the complexities of exiting a business and preserving the proceeds.
What fees does Cazenove Capital charge?
Cazenove Capital doesn’t publish a standard fee schedule, as its pricing is tailored to each client’s needs and the complexity of their portfolio.
However, based on industry standards and third-party sources, here’s what you can generally expect:
Portfolio management fees: Typically between 0.6%-1% per year, depending on portfolio size and structure.
Financial planning: May be included in overall fees or charged separately as a flat or hourly rate.
Third-party fund charges: If external funds are used, additional charges may apply.
While fees are competitive within the high-net-worth space, they are generally higher than low-cost platforms or robo-advisers, reflecting the bespoke service and access to expert advice.
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"It can be daunting paying for financial advice, but it should add more value than it costs – and benefit you in the long term.
For example, optimising your pension strategy so you have a fund with lower fees and a track record of strong performance could pay dividends when you retire, although there are no guarantees.
There are other benefits as many people who received financial advice have a clearer understanding of their money goals, more confidence in retirement planning and experience lower financial stress.”
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What technology does Cazenove Capital use?
Cazenove Capital is not a tech-first firm like many fintech platforms, but it does offer a secure online client portal and app where investors can:
View portfolio valuations and performance
Access investment reports and documents
Communicate with their adviser
Their digital tools are best seen as complementary to their relationship-led service model, rather than a replacement for face-to-face contact.
The firm invests in technology behind the scenes, particularly around data security, portfolio analytics, and ESG integration.
However, if you're seeking real-time trading or budgeting tools or DIY investing, Cazenove Capital might not be the right fit.
Cazenove Capital: is it secure?
Yes, Cazenove Capital is considered a secure and highly reputable firm. It is regulated by the Financial Conduct Authority (FCA) in the UK, which means it must comply with strict rules on client money, suitability, and transparency.
Client assets are typically held with Schroders' nominated custodians and are protected under the Financial Services Compensation Scheme (FSCS) up to £85,000, in the unlikely event of institutional failure.
Moreover, Cazenove’s affiliation with Schroders gives it additional financial strength and stability, adding an extra layer of reassurance.
Does Cazenove Capital have good customer service?
Cazenove Capital is known for delivering high levels of personal service, with most clients having a direct relationship with a named investment manager or adviser.
This is a key differentiator compared to banks or digital investment platforms, where support can be more generic.
Clients value the consistency, discretion, and responsiveness of their advisers. Meetings can take place in person, over the phone, or via video, depending on preference.
The firm also provides regular portfolio reviews and market updates, helping clients stay informed and in control. While it doesn't offer 24/7 customer support or chatbot features, the emphasis is on quality, not speed.
Final verdict: is Cazenove Capital right for you?
Cazenove Capital is an excellent choice for high-net-worth individuals and families seeking a trusted, relationship-driven approach to wealth management.
If your financial affairs are complex, perhaps involving a business, property, trusts, or philanthropic goals, Cazenove Capital’s expertise can be invaluable.
However, if you are a first-time investor, or someone with under £1 million to invest, there are more accessible options in the market that may better suit your needs.
In short, if personalised service, long-term planning and deep investment expertise are priorities, and you meet the entry thresholds, Cazenove Capital is a strong contender.
Get expert financial advice
Choosing a wealth management firm is a significant decision that can have long-term financial implications.
Cazenove Capital offers tailored advice, sophisticated planning, and investment strategies designed for wealthy individuals, but it’s not a one-size-fits-all solution.
Before committing to any firm, it’s wise to consult a qualified financial adviser who can assess your needs and help you compare your options.
Whether you're planning a business exit, safeguarding family wealth, or simply looking for long-term financial clarity, professional advice can help you make the most of your money.
We’ll find a professional perfectly matched to your needs. Getting started is easy, fast and free.
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