Scottish Widows Investment Partnership Ltd (Edinburgh)

Name: Scottish Widows Investment Partnership Ltd
Address: Edinburgh One Morrison Street, Edinburgh, Eh3 8 Be
Telephone: 001-44-131 655 8500

Scottish Widows Investment Partnership Ltd is a large advisory firm based in Edinburgh. It manages $242 billion of regulatory assets for 748 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New York.

Scottish Widows Investment Partnership provides 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.

Scottish Widows Investment Partnership: assets under management

The assets under management (AUM) of Scottish Widows Investment Partnership Ltd is $242 billion. The firm's AUM has grown by 96% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $236.21 billion in discretionary accounts and $5.79 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $335.53 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $131.63 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Scottish Widows Investment Partnership Ltd 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 Scottish Widows Investment Partnership Ltd

John L Griffith has been acting as President since 1 Mar 2002. Alexander Nairn has served as the Chief Investment Officer since 1 Nov 2000. Aberdeen Asset Management Plc joined the executive team most recently as the Parent Company.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scottish Widows Investment Partnership Group Limited	Parent company	1 Nov 1988	75% - 100%	foreign
Lloyds Tsb Group Plc	Parent company	1 Dec 1995	75% - 100%	foreign
Lloyds Tsb Bank Plc	Parent company	1 Jun 1999	75% - 100%	foreign
Ian Alexander Reid	Chief operations officer	1 Feb 2000	Other	4392379
Scottish Widows Group Limited	Parent company	1 Mar 2000	75% - 100%	foreign
Michael David Ross	Chairman	1 Jun 2000	Other	4678188
Alexander Roberton Porte	Chief finance officer	1 Jul 2000	Other	4392380
Roger Brown	Head of asset gathering	1 Jul 2000	Other	4392381
Jean Craig Park	Risk management & compliance director	1 Jul 2000	Other	4392390
William Hill Main	Chief executive	1 Oct 2000	Other	4392371
Alison Janet Talbot	Company secretary	1 Oct 2000	Other	4392386
Alexander Nairn	Chief investment officer	1 Nov 2000	Other	4392374
Fiach Maguire	Head of global marketing	1 Feb 2001	Other	4392376
Susan Ebenston	Chief operations officer	1 Jun 2001	Other	4451460
John L Griffith	Director	1 Mar 2002	Other	2254225
Andrew Charles Frepp	Head of swip marketing	1 Dec 2002	Other	4672545
Andrew John November	Chief investment officer - institutional	1 Mar 2003	Other	4672541
Graham Wood	Chief investment officer - retail	1 Mar 2003	Other	4672543
Simone Antoinette Robbers	Company secretary	1 May 2003	Other	4672549
Archibald Gerard Kane	Chairman	1 Oct 2003	Other	4742114
Christopher Martin Phillips	Chief executive	1 Dec 2003	Other	4742113
David Wallace Sanderson	Head of compliance	1 Dec 2003	Other	4742116
John Michael Brett	Company secretary	1 Dec 2003	Other	4742117
Arun Kumar Sarwal	Chief operating officer	1 May 2004	Other	4805150
Simon Paul Wombwell	Head of distribution	1 Aug 2007	Other	5411021
Dean Robert Buckley	Chief executive	1 Jan 2008	Other	4339854
Anthony Paul Owens	Acting chief operating officer	1 Mar 2008	Other	5512688
Anthony Paul Owens	Chief operating officer	1 Apr 2008	Other	5512688
Joanne Dawson	Chairman	1 May 2009	Other	5669666
Ramsey Alexander Urquhart	Director of finance	1 Jul 2010	Other	5842869
Ramsay Alexander Urquhart	Director of finance	1 Jul 2010	Other	5842869
Bindesh Savjani	Director of risk	1 Nov 2011	Other	4780800
Bindesh Savjani	Chief compliance officer & director of risk	1 Mar 2013	Other	4780800
Anne Helen Richards	Director	1 Apr 2014	Other	5071641
John Michael Brett	Director	1 Apr 2014	Other	4742117
Martin James Gilbert	Director and chief executive	1 Apr 2014	Other	4360394
Roderick Mcleod Macrae	Director	1 Apr 2014	Other	4392995
Jonathan Richard Loukes	Director	1 Apr 2014	Other	6038161
Gary Robert Marshall	Director	1 Apr 2014	Other	5071639

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Lloyds Banking Group Plc	Parent company	1 Dec 1995	75% - 100%	foreign
Uk Financial Investments Limited	British government	1 Jan 2009	25% - 50%	foreign
Aberdeen Asset Management Plc	Parent company	1 Apr 2014	75% - 100%	n/a

Based in Edinburgh

The principal office where Scottish Widows Investment Partnership Ltd performs its advisory services is located at Edinburgh One Morrison Street, Edinburgh, Eh3 8 Be, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 001-44-131 655 8500 or by fax 001-44-131-662-0293. The normal business hours are 0800 - 1800 on Monday - Friday. You can find more information about the New York firm at www.swipartnership.co.uk.