Cazenove Capital has appointed Mary-Anne Daly chief executive for the UK.
Daly succeeds Andrew Ross who became global head of wealth management for Schroders earlier this year.
Ross says he and Daly joined Cazenove in 2001, when assets were £10bn. Today they are just over £40bn.
“During this time we have seen significant change, in particular the coming together of Schroders and Cazenove Capital’s wealth businesses and the successful integration of C Hoare & Co’s wealth management team.”
Daly says: “The depth of talent and the strength of culture that we have in the organisation is something which I am very proud of.”