London-based Cazenove Capital Management has confirmed to thewealthnet that Glenn Dawson, Simon Mackie, Alasdair Ogilvy and Spencer Woolley, have all joined the firm from Lloyds Private Banking Mayfair.

Mr Dawson, Mr Ogilvy and Mr Woolley join as portfolio directors. Mr Mackie joins as a wealth planning director.

All assumed their new positions at Cazenove on 3 June following the establishment of Schroders Personal Wealth, a new wealth management venture jointly owned by Lloyds Banking Group and Schroders plc.

Although most of Lloyds’ wealth management clients are in the process of transfe...