Sandaire Investment Office Explained

Sandaire
Type:Subsidiary
Industry:Investment Management
Predecessor:Lord North Street, SandAire
Founder:Alex Scott
Location City:London
Location Country:United Kingdom
Services:Family office, investment management
Owner:Cazenove (subisidiary of Schroders)
Num Employees:1 - 50
Num Employees Year:2021

Sandaire Investment Office is an investment office that delivers tailored investment portfolios and solutions for wealthy families and foundations.[1] The firm serves 45 families and manages in excess of £3bn in assets.[2] [3] [4] [5]

The firm, which is based in Marylebone, London, United Kingdom was founded in 1996. In 2012, the company opened an office in Singapore which acts as a hub for its activities in Asia.[6] [7]

History

The firm was founded by Alex Scott to manage the wider Scott family's wealth following the sales of Provincial Insurance and Exeter Bank. The family had owned Provincial Insurance and Exeter Bank for five generations and collaborated with economist John Maynard Keynes in its development.[8]

Scott is the Chairman of Sandaire and remains the Non-Executive Director of his family's investment holding company and Director of several private companies. He is also a Trustee of The Grosvenor Estate, Chairman of Wheatsheaf Investments and co-founded the Institute for Family Business (UK).

In 2014, SandAire merged with Lord North Street, also a multi-family investment office based in London and founded by barristers Adam Wethered and William Drake in 2000. The firms re-branded as Sandaire Investment Office in early 2015.[9] [10] [11] [12] [13] [14]

In September 2020, Schroders subsidiary Cazenove bought London-based Sandaire.[15]

Notes and References

  1. Web site: Sandaire and Delancey launch mount Kendal in Singapore and Hong Kong, offering a unique real estate investment advisory service to Asian investors . Newswire. MultiVu - PR. Multivu. en-gb. 2018-05-18.
  2. Web site: A Cautious and Careful Approach to Private Equity . Financial Advisor IQ . 2015-07-22 . 2016-08-16.
  3. Web site: Head to head: how do UK and US family offices compare? . Citywire . 2015-08-12 . 2016-08-16.
  4. Web site: Alison Ebbage . Family Office: The purpose/cost equation . Campden FB . 2016-03-11 . 2016-08-16.
  5. Web site: The rise of ESG funds: how green should your portfolios be? . Citywire . 2015-12-10 . 2016-08-16.
  6. Web site: Marissa . Lee . The Straits Times . April 18, 2015 . Super-rich Asians draw multi-family financial firms . https://web.archive.org/web/20150419064306/http://business.asiaone.com/news/super-rich-asians-draw-multi-family-financial-firms . dead . April 19, 2015 . 2016-08-16.
  7. Web site: Sandaire Investment Office . Sandaire.com . 2016-08-16.
  8. Web site: Yuri Bender . Sandaire Investment Office's community spirit . FT.com . 2015-10-23 . 2016-08-16.
  9. Web site: Profile: how Sandaire plans to build on its Lord North Street merger . Citywire . 2015-04-09 . 2016-08-16.
  10. Web site: Lord North Street and SandAire agree merger . FTAdviser.com . 2014-03-27 . 2016-08-16.
  11. Web site: Ceri Jones . Cost challenges drive mergers . FT.com . 2015-10-23 . 2016-08-16.
  12. Web site: Combined multi family office unveils new brand . Campden FB . 2015-03-06 . 2016-08-16.
  13. Web site: Pioneers of Multi-family Office Sector to Create Major Combined Force /PR Newswire UK/ . united kingdom, switzerland, singapore . Prnewswire.co.uk . 2016-08-16.
  14. Web site: Dennys . Harriet . City Diary: Mulberry boss packed his bags in haste . Telegraph . 2016-08-16.
  15. https://sandaire.com/press-release-schroders-grows-cazenove-capitals-leading-position-in-the-uk-ultra-high-net-worth-sector-with-acquisition-of-family-office-specialist-sandaire/ Press Release: Schroders grows Cazenove Capital’s leading position in the UK Ultra-High-Net-Worth sector with acquisition of family office specialist Sandaire

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Sandaire Investment Office".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2025, A B Cryer, All Rights Reserved. Cookie policy.