Scotland Acquisition LLC (Raleigh)


Scotland Acquisition LLC is an investment adviser to an investment company based in Raleigh. It manages $4.73 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of North Carolina.

Scotland Acquisition provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Scotland Acquisition: assets under management

The assets under management (AUM) of Scotland Acquisition LLC is $4.73 billion, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $4.73 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $525.76 million each.
Scotland Acquisition has custody of $1.12 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Scotland Acquisition LLC 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.

Careers at Scotland Acquisition LLC

Robert Leslie Worthington has been acting as President since 1 Mar 2014. David Brien Perkins joined the executive team most recently as the Ceo.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Rcs Capital Holdings Parent company 1 Feb 2014 75% - 100% 46-4779238
David Brien Perkins Ceo 1 Mar 2014 Other 1824251
James Michael Fields Coo 1 Mar 2014 Other 4164246
Andrew Paul Chica Cco 1 Mar 2014 Other 3087253
Robert Lance Baker Cfo 1 Mar 2014 Other 5503485
Robert Leslie Worthington President 1 Mar 2014 Other 1780243

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Rcs Capital Corporation Owner 1 Feb 2014 75% - 100% 38-3894716
Llc Rcap Holdings Owner 1 Feb 2014 75% - 100% 71-1036971
Nicholas Sloan Schorsch Control person / shareholder 1 Feb 2014 50% - 75% 5475068

Based in Raleigh

The principal office where Scotland Acquisition LLC performs its advisory services is located at 8540 Colonnade Center Drive, Raleigh, NC 27615, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 919-846-2324 or by fax 919-846-3433. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at hatterasfunds.com.