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.
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 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.
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.
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.
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.