Schroders Wealth Management (US)

The US wealth unit routes private market allocations through Schroder Capital, the parent's dedicated private markets division. That team — with over $97 billion in global commitments — sources primary fund investments, direct co-investments, and secondary opportunities using the firm's institutional relationships. The structure means a US private wealth client can access a buyout co-investment alongside the same due diligence process and deal pipeline that serves the group's pension and insurance clients.

Schroders operates a distinct US broker-dealer entity, Schroder Fund Advisors LLC, registered with FINRA and Canadian securities regulators as a limited purpose broker-dealer and Exempt Market Dealer. The wealth management division itself delivers advisory services through Schroders plc's regulated entities, including its UK FCA authorization, rather than a standalone US RIA. Clients should confirm the specific regulatory wrapper under which their assets are held.

Schroders does not separately disclose US wealth management assets, and its US presence has shifted over the past decade — including the sale of its US mutual fund business to Hartford in 2016 and a prior divestment of its US private client unit in the 1990s. The current US wealth effort sits within the broader Global Wealth division, which the parent does not break out by country. The firm's US institutional relationships, however, are substantial and include serving as an outsourced CIO for regional banks and large pension plans.

Through Schroder Real Estate, the firm manages a global direct property portfolio valued at over £12 billion across Europe and Asia, with flagship holdings including 1 London Wall in the City of London. While the majority of the direct portfolio is outside the US, the firm has a track record of US institutional joint ventures — including a partnership with the New York State Common Retirement Fund — and may offer US-accessible real estate strategies through its private markets platform.

Schroders has made sustainability a firm-wide mandate, integrating ESG scoring across its public markets research and launching dedicated thematic strategies including a private equity energy transition fund. The wealth management division applies the parent's proprietary ESG tools and reporting frameworks to client portfolios, and can construct custom sustainability-tilted multi-asset mandates using the same institutional-quality data that underpins the firm's £300 billion-plus advisory book.

From March 2025, Johanna Kyrklund serves as Group CIO with authority over the house view — the firm's central asset allocation and investment strategy that cascades into all wealth and institutional portfolios. Beneath her, specialized CIOs run equities, fixed income, and private assets. For a US wealth client, portfolio construction is typically a collaboration between a New York-based advisor and the central investment team, meaning the asset allocation tilt and manager selection reflect the groupwide CIO view, not a siloed wealth desk.

The Schroders family has not been involved in the day-to-day management of the publicly traded firm since 2000, when Bruno Schroder stepped down from the board — though family members remained significant shareholders until his death in 2019. Today the firm is a FTSE 100 company with a dispersed shareholder base and an independent board. The wealth management unit retains the name and heritage but operates as a fully institutional fiduciary with no single-family-office characteristics.