The origins of Cazenove can be traced back to the early Huguenot financiers who left France in the late seventeenth century. In 1819 Phillip Cazenove joined the business of his brother-in-law John Menet and in 1823 they became partners and established Cazenove. By the 1940s the business had become one of London’s preeminent stockbroking partnerships and by 1945 had begun investing on behalf of pension funds and private individuals.
In 1988 the asset management business was separately incorporated and in 2001 Cazenove changed from a partnership to a corporate status. In 2005 Cazenove and J.P.Morgan formed a joint venture with respect to their UK investment banking activities.
The fund management arm of Cazenove demerged from the Group to stand alone as an independent asset management business under the name Cazenove Capital Management. In 2010, Cazenove Capital Management completed its acquisition of the private wealth management company, Thornhill Holdings.