Walter Scott & Partners Limited: AUM & Ownership

Clients

Walter Scott & Partners Limited serves 171 clients, 47 of them state or municipal government entities. The average client has about $390 million with the firm.

Regulatory assets by client type

Investment companies21 clients28%
Pooled investment vehicles16 clients15%
Pension and profit-sharing plans42 clients9%
State or municipal government entities47 clients36%
Insurance companies5 clients3%
OtherOther, Other investment advisers9%

Show client breakdown

Client type	Clients	Regulatory AUM	Share	Avg. per client
Investment companies	21	$18,971,280,040	28.5%	$903.4M
Pooled investment vehicles	16	$10,144,771,153	15.2%	$634.0M
Pension and profit-sharing plans	42	$5,912,736,015	8.9%	$140.8M
State or municipal government entities	47	$24,003,612,900	36.0%	$510.7M
Other investment advisers	5	$727,510,023	1.1%	$145.5M
Insurance companies	5	$1,697,227,249	2.5%	$339.4M
Other	35	$5,210,733,655	7.8%	$148.9M
Total	171	$66,667,871,035	100%	$389.9M

Investment companies

Clients: 21
Regulatory AUM: $18,971,280,040
Share: 28.5%
Avg. per client: $903.4M

Pooled investment vehicles

Clients: 16
Regulatory AUM: $10,144,771,153
Share: 15.2%
Avg. per client: $634.0M

Pension and profit-sharing plans

Clients: 42
Regulatory AUM: $5,912,736,015
Share: 8.9%
Avg. per client: $140.8M

State or municipal government entities

Clients: 47
Regulatory AUM: $24,003,612,900
Share: 36.0%
Avg. per client: $510.7M

Other investment advisers

Clients: 5
Regulatory AUM: $727,510,023
Share: 1.1%
Avg. per client: $145.5M

Insurance companies

Clients: 5
Regulatory AUM: $1,697,227,249
Share: 2.5%
Avg. per client: $339.4M

Other

Clients: 35
Regulatory AUM: $5,210,733,655
Share: 7.8%
Avg. per client: $148.9M

Total

Clients: 171
Regulatory AUM: $66,667,871,035
Share: 100%
Avg. per client: $389.9M

What it does

Walter Scott & Partners Limited provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.

Walter Scott & Partners Limited advises no private funds.

100.0% of assets ($66.67B across 171 accounts) are managed with discretion. 51% of clients are outside the U.S., and 16 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end

Stocks100%

Custodians

Walter Scott & Partners Limited’s client accounts are held mainly at The Bank of New York Mellon, with 48% of managed assets, and The Northern Trust, with 21%. Walter Scott & Partners Limited has custody of client assets.

Managed account assets by custodian

The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $32.18B48%
The Northern TrustThe Northern Trust Company · Chicago, IL · $13.69B21%
State Street Bank & TrustState Street Bank & Trust Company · Boston, MA · $12.63B19%
All other custodians$8.17B12%

Ownership and leadership

Bnym International Asset Management (holdings) Limited owns 75% or more of Walter Scott & Partners Limited.

Who owns the firm

Walter Scott & Partners Limited· the adviser

Bnym International Asset Management (holdings) Limited
Control person · since November 2022
Owns 75% or more of Walter Scott & Partners Limited
- BNY Mellon International Asset Management Group Limited
  Control person · since February 2013
  Owns 75% or more of Bnym International Asset Management (holdings) Limited
  - BNY Mellon Investment Management (jersey) LTD
    Control person · since February 2013
    Owns 75% or more of BNY Mellon International Asset Management Group Limited
    - MBC Investments Corporation
      Control person · since February 2013
      Owns 75% or more of BNY Mellon Investment Management (jersey) LTD
      - BNY Mellon Ihc, LLC
        Control person · since April 2017
        Owns 75% or more of MBC Investments Corporation

Leadership

Anna Nicholl
Chief Compliance Officer
Jane Henderson
Managing Director
Jane Ivinson
Non-Executive Director
Roy Leckie
Executive Director - Investment and Client Service
John Paul O'Meara
Non-Executive Director
Stephen Potter
Non-Executive Director
Barbara Scott
Company Secretary
Thomas Sneddon
Executive Director - Governance and Operations
Richard Watt
Non-Executive Director

Staff

162 employees
43 in advisory functions
3 broker-dealer reps
2 soliciting firms

Fees

Walter Scott & Partners Limited is paid through a percentage of assets under management and performance-based fees.

Walter Scott & Partners Limited’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Walter Scott & Partners Limited has 1 office, with 1 listed address with no US state reported.

Other business names

Walter Scott & Partners Limited has reported 1 other business name to the SEC.

Walter Scott

Registration details

Legal name: Walter Scott & Partners Limited
Headquarters: One Charlotte Square,, Edinburgh, United Kingdom EH2 4DR
Phone: 441312251357
Website: HTTP://www.walterscott.com
SEC file: 801-19420
Structure: corporation organized in United Kingdom
Fiscal year end: December

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 Walter Scott & Partners Limited have?

Walter Scott & Partners Limited has 171 clients and manages $66.7 billion for them, as of March 2026. They include 47 state or municipal government entities, 42 pension and profit-sharing plans and 35 other clients.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026

What services does Walter Scott & Partners Limited offer?

Walter Scott & Partners Limited provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.

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

Which custodians does Walter Scott & Partners Limited use?

Walter Scott & Partners Limited’s separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $32,176,650,717, The Northern Trust Company (Chicago, IL), with $13,694,418,378 and State Street Bank & Trust Company (Boston, MA), with $12,626,368,583. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026

How many financial advisors does Walter Scott & Partners Limited have?

Walter Scott & Partners Limited has 0 investment adviser representatives registered with state securities authorities, out of 162 employees, and 43 perform investment advisory functions. 3 are registered representatives of a broker-dealer and 0 are 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 Walter Scott & Partners Limited invest in?

At the end of its last fiscal year, Walter Scott & Partners Limited’s separately managed accounts held 100% exchange-traded equities. 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 Walter Scott & Partners Limited?

Walter Scott & Partners Limited is owned through a chain of holding companies by the Bank of New York Mellon Corporation. Its direct owner is Bnym International Asset Management (holdings) Limited (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026

How does Walter Scott & Partners Limited get paid?

Walter Scott & Partners 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