Aberdeen Standard Investments Australia Limited (Sydney Nsw)

Name: Aberdeen Standard Investments Australia Limited
Address: 255 George Street, Sydney Nsw, 2000
Telephone: 001-612-9950-2888

Aberdeen Standard Investments Australia Limited is a large advisory firm based in Sydney Nsw. It manages $5.08 billion of regulatory assets for 44 client accounts. It has been registered with the SEC as an adviser since 2019.

Aberdeen Standard Investments Australia Limited provides 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.

Aberdeen Standard Investments Australia Limited: assets under management

The assets under management (AUM) of Aberdeen Standard Investments Australia Limited is $5.08 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -18% since the beginning of its operation, and $5.08 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.08 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $115.43 million each.

Aberdeen Standard Investments Australia Limited has custody of $6.34 billion in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 37% of the total AUM. The second-largest asset type is sovereign bonds, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aberdeen Standard Investments Australia Limited 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.

What kind of clients Aberdeen Standard Investments Australia Limited serves?

The firm provides services to insurance companies, investment companies, high net worth individuals, pooled investment vehicles, corporations or other businesses, and state or municipal government entities. The largest group of clients of Aberdeen Standard Investments Australia Limited is investment companies with 23 clients and $2.27 billion of assets under management. Among the 7 most similar advisory firms, Aberdeen Standard Investments Australia Limited has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $4.14 billion for 38 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Aberdeen Standard Investments Australia Limited doesn't advise any private funds.

Careers at Aberdeen Standard Investments Australia Limited

The company employs 67 people that are either part- or full-time employees. 24 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Hugh Young	Director - regional managing director	1 Dec 2000	Other	4492923
Aberdeen Standard Investments (Asia) Limited	Parent	1 Sep 2004	75% - 100%	124509
Brett Jollie	Director and managing director australia	1 Apr 2008	Other	5515040
Gil Orski	Director and chief operating officer	1 Feb 2012	Other	6047415
Roneel Amlesh Prasad	Chief compliance officer	1 Dec 2012	Other	6135899
Stuart Michael James	Director and head of distribution australia	1 Jul 2013	Other	6224200
Standard Life Aberdeen Plc	Shareholder	1 Aug 2017	75% - 100%	n/a

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Aberdeen Asset Management Plc	Indirect owner	1 Oct 1992	75% - 100%	n/a

Based in Sydney Nsw

The principal office where Aberdeen Standard Investments Australia Limited performs its advisory services is located at 255 George Street, Sydney Nsw, 2000 The mailing address of the firm is Gpo Box 4306, Sydney Nsw, 2001. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 001-612-9950-2888 or by fax 001-612-9950-2800. The normal business hours are 9 am - 5.30 pm on Monday - Friday. You can find more information about the New York firm at aberdeenstandard.com.au.