Scottish Widows Investment Partnership Ltd (Edinburgh)


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.

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