Walter Scott & Partners Limited is a large advisory firm based in Edinburgh. It manages $59.97 billion of regulatory assets for 165 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Delaware, Illinois, and Texas.
Walter Scott & Partners Limited provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Walter Scott & Partners Limited is $59.97 billion. The firm's AUM has grown by 1874% since the beginning of its operation, and $33.04 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Walter Scott & Partners Limited for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, investment companies, other investment advisers, high net worth individuals, pooled investment vehicles, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of James Downie Smith is pension and profit sharing plans with 88 clients and $30.18 billion of assets under management. Among the 10 most similar advisory firms, Walter Scott & Partners Limited has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $57.86 billion for 146 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 52% of the firm’s clients are foreign persons or businesses.
Walter Scott & Partners Limited also advises several private funds.
The company employs 129 people that are either part- or full-time employees. 32 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
James Downie Smith has been acting as President since 1 Jan 1994. John Randolph Miller joined the executive team most recently as the Director.
The principal office where Walter Scott & Partners Limited performs its advisory services is located at One Charlotte Square,, Edinburgh, Eh2 4 Dr, which is also the mailing address of the firm. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 44-131-225-1357 or by fax 44-131-225-7997. The normal business hours are 0830 - 1800 on Monday - Friday. You can find more information about the New York firm at bnymellon.com.