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Stonehage Fleming Investment Management Limited

SEC-registered adviser since 2021London, Greater London, United KingdomCRD 313913

$23.8B
AUM
725
Clients
See fees
Fee
52
Advisory staff

From Form ADV filed 29 June 2026 · data retrieved 15 October 2026SEC record

Stonehage Fleming Investment Management Limited is an investment adviser headquartered in London, Greater London, United Kingdom, and registered with the SEC since 2021. Its clients include high-net-worth individuals, investment companies and charitable organizations. High-net-worth individuals account for 53% of its regulatory assets under management.

Its services include portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers. Fee arrangements include a percentage of assets under management and performance-based fees. Stonehage Fleming (uk) Limited owns 75% or more of Stonehage Fleming Investment Management Limited, and Graham Wainer is its CEO.

Clients

Stonehage Fleming Investment Management Limited serves 725 clients, 291 of them high-net-worth individuals. The average client has about $33 million with the firm, and high-net-worth clients hold 53% of its $23.8 billion in assets.

Regulatory assets by client type
  • High-net-worth individuals291 clients53%
  • Investment companies97 clients28%
  • Charitable organizations13 clients9%
  • Corporations and other businesses20 clients3%
  • Other61 clients7%
  • Individuals243 clients0%
Show client breakdown
Individuals (other than HNW)
Clients
243
Regulatory AUM
$77,149,865
Share
0.3%
Avg. per client
$317K
High-net-worth individuals
Clients
291
Regulatory AUM
$12,515,608,267
Share
52.5%
Avg. per client
$43.0M
Investment companies
Clients
97
Regulatory AUM
$6,695,980,670
Share
28.1%
Avg. per client
$69.0M
Charitable organizations
Clients
13
Regulatory AUM
$2,133,776,356
Share
9.0%
Avg. per client
$164.1M
Corporations and other businesses
Clients
20
Regulatory AUM
$649,113,074
Share
2.7%
Avg. per client
$32.5M
Other
Clients
61
Regulatory AUM
$1,767,388,773
Share
7.4%
Avg. per client
$29.0M

Total

Clients
725
Regulatory AUM
$23,839,017,005
Share
100%
Avg. per client
$32.9M

What it does

Stonehage Fleming Investment Management Limited provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets and performance-based fees.

Stonehage Fleming Investment Management Limited advises no private funds.

71.9% of assets ($17.15B across 593 accounts) are managed with discretion; $6.69B across 132 accounts are not. 98% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks11%
  • Funds61%
  • Bonds12%
    • Sovereign bonds9%
    • U.S. government and agency bonds2%
    • Investment grade corporate bonds1%
  • Cash5%
  • Other11%
    • Physical gold, investment trusts, reits11%

Custodians

Stonehage Fleming Investment Management Limited’s client accounts are held mainly at Multrees Investor Services Limited, with 34% of managed assets, and Stonehage Fleming Dealing & Treasury Services (jersey) Limited, with 22%. Stonehage Fleming Investment Management Limited does not have custody of client assets.

Managed account assets by custodian
  • Multrees Investor Services LimitedMultrees Investor Services Limited · London · $8.08B34%
  • Stonehage Fleming Dealing & Treasury Services (jersey) LimitedStonehage Fleming Dealing & Treasury Services (jersey) Limited · ST. Helier · $5.25B22%
  • UBS Europe SeUBS Europe Se · London · $2.60B11%
  • All other custodians$7.91B33%

Ownership and leadership

Stonehage Fleming (uk) Limited owns 75% or more of Stonehage Fleming Investment Management Limited, and Graham Wainer is its CEO.

Who owns the firm
Stonehage Fleming Investment Management Limited· the adviser

  • Stonehage Fleming (uk) Limited

    Control person · since July 2000

    Owns 75% or more of Stonehage Fleming Investment Management Limited

Leadership

  • Graham Wainer
    Investment Management Chief Executive Officer
  • Lucy Tilley
    Chief Financial Officer
  • Katie Mundell
    Chief Compliance Officer
  • Michael Berman
    Head of Client Management
  • Sally Ferne
    Chief Operations Officer
  • Catherine Kenny
    Head of Internal Audit
  • Eva Sheppard
    Senior Relationship Manager
  • Gerrit Smit
    Head of Global Equity Management
  • John Veale
    Deputy Head of Investments

Staff

  • 110 employees
  • 52 in advisory functions
  • 10 soliciting firms

Fees

Stonehage Fleming Investment Management Limited is paid through a percentage of assets under management and performance-based fees.

Stonehage Fleming Investment Management Limited’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Stonehage Fleming Investment Management Limited has 0 offices, with 1 listed address with no US state reported.

Registration details

Legal name
Stonehage Fleming Investment Management Limited
Headquarters
6 ST James'S Square, London, Greater London, United Kingdom SW1Y 4JU
Phone
442070870000
Website
www.stonehagefleming.com
SEC file
801-122831
Structure
corporation organized in United Kingdom
Fiscal year end
March

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Stonehage Fleming Investment Management Limited have?

Stonehage Fleming Investment Management Limited has 725 clients and manages $23.8 billion for them, as of June 2026. They include 291 high-net-worth individuals, 243 other individuals and 97 investment companies.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 June 2026

What services does Stonehage Fleming Investment Management Limited offer?

Stonehage Fleming Investment Management Limited provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Stonehage Fleming Investment Management Limited use?

Stonehage Fleming Investment Management Limited’s separately managed account assets are held at Multrees Investor Services Limited (London), with $8,083,742,220, Stonehage Fleming Dealing & Treasury Services (jersey) Limited (ST. Helier), with $5,251,257,715 and UBS Europe Se (London), with $2,598,326,350. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 June 2026

How many financial advisors does Stonehage Fleming Investment Management Limited have?

Stonehage Fleming Investment Management Limited has 0 investment adviser representatives registered with state securities authorities, out of 110 employees, and 52 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Stonehage Fleming Investment Management Limited invest in?

At the end of its last fiscal year, Stonehage Fleming Investment Management Limited’s separately managed accounts held 61% pooled vehicles (private funds and similar), 11% exchange-traded equities, 11% physical gold, investment trusts, reits, 9% sovereign bonds, 5% cash and equivalents, 2% U.S. government and agency bonds and 1% investment grade corporate bonds. It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Stonehage Fleming Investment Management Limited?

Stonehage Fleming Investment Management Limited is owned through a chain of holding companies by Government of the Emirate of Abu Dhabi and Ci Financial Holdings LTD (uk). Its direct owner is Stonehage Fleming (uk) Limited (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 29 June 2026

How does Stonehage Fleming Investment Management Limited get paid?

Stonehage Fleming Investment Management Limited is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 29 June 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 313913.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Stonehage Fleming Investment Management Limited and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.