Aberdeen Standard Investments Inc. is a large advisory firm based in Philadelphia. It manages $39.36 billion of regulatory assets for 362 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Aberdeen Standard Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.
The assets under management (AUM) of Aberdeen Standard Investments Inc. is $39.36 billion. The firm's AUM has grown by 0% since the beginning of its operation, and $6.45 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Aberdeen Standard Investments Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Jennifer Ann Nichols is state or municipal government entities with 19 clients and $13.92 billion of assets under management. Among the 8 most similar advisory firms, Aberdeen Standard Investments has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $39.35 billion for 148 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 36% of the firm’s clients are foreign persons or businesses.
Aberdeen Standard Investments also advises several private funds. Namely, five hedge funds, one real estate fund, and fifteen other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.
The company employs 422 people that are either part- or full-time employees. 23 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Jennifer Ann Nichols has been acting as President since 1 Jul 2007. Joseph Bernard Andolina joined the executive team most recently as the Chief Compliance Officer.
The principal office where Aberdeen Standard Investments Inc. performs its advisory services is located at 1900 Market Street, Philadelphia, PA 19103, which is also the mailing address of the firm. An additional office of the firm is in Stamford, CT. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 215-405-5700. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at aberdeen-asset.ca.