Mary-Anne Daly

Spear’s Review

Mary-Anne Daly, chief executive, wealth management, at Schroders and Cazenove Capital, will move into a strategic advisory role at Schroders’ wealth business in mid-2025.

A veteran of JPMorgan Chase, ING and Baring Asset Management (now Barings), Daly joined Cazenove Capital in 2001 and had led the combined wealth management businesses of Schroders and Cazenove since the latter’s takeover by Schroders in 2013. 

‘One of the important qualities we look for in our client managers is to listen actively to clients’ preoccupations, and the same curiosity and openness to challenge is true of effective leaders,’ she says of the skills she looks for when building a team. ‘I am pleased that one of the defining characteristics of my leadership style is that I am surrounded by a team of talented people with different skills and perspectives who are unafraid of expressing their views but united in wanting what’s best for our clients and the business.’

Adviser Profile

Mary-Anne Daly is Chief Executive, Wealth Management, at Schroders, and is a member of the group’s Executive Committee. She is also Chief Executive of Cazenove Capital, the Schroders subsidiary serving ultra-high-net-worth clients and charities in the UK, and chairs the group’s wealth management entities in Guernsey, Switzerland and Singapore.

‘I am proud of what we continue to accomplish at Schroders, where we have grown Cazenove Capital into one of the pre-eminent and most highly regarded wealth managers in the UK,’ she says. ‘With the backing of the Schroders group and of the Schroder family, we have built a strong, profitable and growing business and are able to provide our clients with a broad range of market-leading services.’

In recent years, Mary-Anne has overseen Cazenove Capital’s regional expansion across the UK and led its two acquisitions in the family office sector, Sandaire and Whitley Asset Management.

Mary-Anne joined Cazenove Capital in 2001. Previously, she headed Baring Asset Management’s Private Wealth business in London and led the Paris office before that. She spent seven years in corporate finance at Baring Brothers, having started her career at Chase Manhattan Bank. Mary-Anne graduated from University College, London University, with a degree in economics. She is a native French and Italian speaker.