Aberdeen Asset Managers Limited (Aberdeen)

Name: Aberdeen Asset Managers Limited
Address: 10 Queens Terrace, Aberdeen, Ab10 1 Xl
Telephone: 44 1224631999

Aberdeen Asset Managers Limited is a large advisory firm based in Aberdeen. It manages $163.33 billion of regulatory assets for 658 client accounts. It has been registered with the SEC as an adviser since 2012.

Aberdeen Asset Managers Limited provides portfolio management for individuals and small businesses, 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.

Aberdeen Asset Managers Limited: assets under management

The assets under management (AUM) of Aberdeen Asset Managers Limited is $163.33 billion. The firm's AUM has gone down by -7% since the beginning of its operation, and $146.53 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $158.91 billion in discretionary accounts and $4.41 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $251.05 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $176.56 million.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is sovereign bonds, which make up 12% of the firm’s portfolio. Investments in other assets form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aberdeen Asset Managers Limited for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Andrew Arthur Laing serves?

The firm provides services to insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Andrew Arthur Laing is investment companies with 63 clients and $94.37 billion of assets under management. Among the 9 most similar advisory firms, Aberdeen Asset Managers Limited has the 4th highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $144 billion for 240 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 86% of the firm’s clients are foreign persons or businesses.

Aberdeen Asset Managers Limited also advises several private funds. Namely, two other private funds and seven private equity funds. The minimum investment commitment required of non-related persons ranges from $1 to $1,123,976.

Careers at Aberdeen Asset Managers Limited

The company employs 1,072 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Andrew Arthur Laing has been acting as President since 1 Jan 1988. Norman Keith Skeoch joined the executive team most recently as the Director And Chief Executive.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Arthur Laing	Director	1 Jan 1988	Other	5071638
Aberdeen Asset Management Plc	Shareholder	1 Apr 1988	75% - 100%	n/a
Kenneth Fry	Director	1 May 2000	Other	6038158
Gary Robert Marshall	Director	1 Jun 2003	Other	5071639
Anne Helen Richards	Director and chief executive	1 Dec 2003	Other	5071641
Martin James Gilbert	Director and chief executive	1 Dec 2004	Other	4360394
Roderick Mcleod Macrae	Director	1 Oct 2005	Other	4392995
Andrew Arthur Laing	Director	1 Dec 2005	Other	5071638
Anne Helen Richards	Director and chief executive	1 Dec 2005	Other	5071641
Gary Robert Marshall	Director	1 Dec 2005	Other	5071639
Roderick Mcleod Macrae	Director	1 Dec 2005	Other	4392995
Aberdeen Asset Management Plc	Shareholder	1 Dec 2005	75% - 100%	n/a
Paul Thomas Griffiths	Director	1 Jul 2009	Other	4373949
Christian Alexander Pittard	Director	1 Jan 2010	Other	4492227
Wendy Ann Lark	Chief compliance officer	1 Jun 2011	Other	5932040
Kenneth Fry	Director	1 Mar 2012	Other	6038158
Martin James Gilbert	Director and chief executive	1 Mar 2012	Other	4360394
Michael Turner	Director	1 Mar 2012	Other	6038160
Jonathan Richard Loukes	Director	1 Apr 2012	Other	6038161
Andrew Richard Ingram Smith	Director	1 Apr 2012	Other	6038162
Aidan Gerard Kearney	Director	1 Oct 2012	Other	6141610
Neil William Sweeney	Chief compliance officer	1 Apr 2013	Other	6182610
Robert Edward Bradshaw Crombie	Director	1 May 2013	Other	6182613
Russell Andrew Chaplin	Director	1 May 2014	Other	6279994
Jeremy Whitley	Director	1 Jun 2015	Other	6514267
Iain Plunkett	Director	1 May 2016	Other	6671294
Andrew Mccaffery	Director and chief executive	1 Jun 2016	Other	6594791
Mandy Jane Pike	Director and chief executive	1 Mar 2017	Other	6770795
Stephen Docherty	Director	1 Jun 2017	Other	6817555
Stephen Christopher Docherty	Director	1 Jun 2017	Other	6817555
Katherine Lyn Malcolm	Director	1 Aug 2017	Other	6850571
Aron William Mitchell	Director	1 Aug 2017	Other	6852664
Campbell David Fleming	Director	1 Sep 2017	Other	5032006
Lisa Anne Bowley	Director	1 Dec 2017	Other	6892528
Jeffrey Lawrence Cotton	Chief compliance officer	1 Dec 2017	Other	4713561
Neil Lindsay Nicholson Machray	Director	1 Jul 2019	Other	7162690
Michael Nmn Tumilty	Director	1 Jul 2019	Other	7162691
Norman Keith Skeoch	Director and chief executive	1 Sep 2019	Other	4490467

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Aberdeen Asset Management Plc	100% owner	1 Apr 1988	75% - 100%	n/a
Standard Life Aberdeen Plc	Shareholder	1 Aug 2017	75% - 100%	n/a

Based in Aberdeen

The principal office where Aberdeen Asset Managers Limited performs its advisory services is located at 10 Queens Terrace, Aberdeen, Ab10 1 Xl, 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 1224631999 or by fax 44 1224647010. The normal business hours are 08:30 - 17:00 on Monday - Friday. You can find more information about the New York firm at aberdeen-asset.com.