{
  "crd_number": 112161,
  "slug": "walter-scott-and-partners-limited-edinburgh-112161",
  "primary_business_name": "WALTER SCOTT & PARTNERS LIMITED",
  "legal_name": "WALTER SCOTT & PARTNERS LIMITED",
  "dbas": [
    "WALTER SCOTT"
  ],
  "city": "Edinburgh",
  "state": null,
  "country": "United Kingdom",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1983-09-29",
  "years_registered": 43,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 66667871035.0,
  "raum_discretionary": 66667871035.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 162,
  "advisory_employees": 43,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 5210733655.0,
      "count": 35,
      "description": "ENDOWMENT/FOUNDATION, HEALTH & WELFARE, NON-PROFIT HOSPITAL"
    },
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 0.0,
      "count": 0
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 24003612900.0,
      "count": 47
    },
    "insurance_companies": {
      "raum": 1697227249.0,
      "count": 5
    },
    "investment_companies": {
      "raum": 18971280040.0,
      "count": 21
    },
    "pension_profit_sharing": {
      "raum": 5912736015.0,
      "count": 42
    },
    "other_investment_advisers": {
      "raum": 727510023.0,
      "count": 5
    },
    "high_net_worth_individuals": {
      "raum": 0.0,
      "count": 0
    },
    "pooled_investment_vehicles": {
      "raum": 10144771153.0,
      "count": 16
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 5,
  "states_registered": [
    "DE",
    "IL",
    "TX"
  ],
  "websites": [
    "https://bny.com",
    "https://bny.com/investments",
    "https://linkedin.com",
    "https://walterscott.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/112161",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.H(1)(c)",
      "question": "Has a domestic or foreign court ever dismissed, under a settlement agreement, an investment-related civil action brought against the firm or an advisory affiliate by a state or foreign financial regulator?"
    }
  ],
  "city_as_filed": "EDINBURGH",
  "url": "https://advisorcensus.com/firm/walter-scott-and-partners-limited-edinburgh-112161",
  "display_name": "Walter Scott & Partners Limited",
  "summary": "Walter Scott & Partners Limited is an SEC-registered investment advisory firm in Edinburgh, United Kingdom, registered since 1983, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. Walter Scott & Partners Limited (CRD 112161): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Walter Scott & Partners Limited compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Walter Scott & Partners Limited reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Walter Scott & Partners Limited located?",
      "a": "Walter Scott & Partners Limited's principal office is in Edinburgh, United Kingdom, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Walter Scott & Partners Limited registered with the SEC or a state?",
      "a": "Walter Scott & Partners Limited is an SEC-registered investment advisory firm, registered since 1983. Status as filed: Approved. CRD 112161."
    },
    {
      "q": "How much does Walter Scott & Partners Limited manage?",
      "a": "Walter Scott & Partners Limited reports $66,667,871,035 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have Walter Scott & Partners Limited's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Walter Scott & Partners Limited: Regulatory assets under management: $94,952,063,095 in the October 2021 data and $66,667,871,035 in the October 2026 data, down 30%. Total employees: 136 in October 2021 and 162 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Walter Scott & Partners Limited serve?",
      "a": "By number of clients on Form ADV Item 5.D: state or municipal government entities (including government pension plans) (47); pension and profit sharing plans (but not the plan participants or government pension plans) (42); other (35)."
    },
    {
      "q": "Which custodians does Walter Scott & Partners Limited use?",
      "a": "Walter Scott & Partners Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY (affiliated with the firm), Northern Trust and State Street as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Walter Scott & Partners Limited report any disciplinary disclosures?",
      "a": "Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.D(2) (another regulator's finding of a violation), 11.D(4) (another regulator's order in the past ten years), and 11.H(1)(c) (regulator's civil action dismissed under a settlement). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/112161"
    },
    {
      "q": "What changed in Walter Scott & Partners Limited's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 42 to 43. Regulatory assets under management went from $78,181,900,591 to $66,667,871,035 (-15%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 94952063095.0,
      "total_employees": 136,
      "filing_date": "2021-03-26"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 108027031724.0,
      "total_employees": 148,
      "filing_date": "2022-04-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 75295253456.0,
      "total_employees": 154,
      "filing_date": "2023-07-19"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 83995952020.0,
      "total_employees": 155,
      "filing_date": "2024-08-12"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 78181900591.0,
      "total_employees": 159,
      "filing_date": "2025-07-04"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 66667871035.0,
      "total_employees": 162,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 42 to 43.",
        "Regulatory assets under management went from $78,181,900,591 to $66,667,871,035 (-15%)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "BNY",
      "name_as_filed": "BNY",
      "affiliated": true
    },
    {
      "name": "Northern Trust",
      "name_as_filed": "NORTHERN TRUST",
      "affiliated": false
    },
    {
      "name": "State Street",
      "name_as_filed": "STATE STREET",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/walter-scott-and-partners-limited-edinburgh-112161.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 21,
      "fewer_than_5": false,
      "raum": 18971280040.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 16,
      "fewer_than_5": false,
      "raum": 10144771153.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 42,
      "fewer_than_5": false,
      "raum": 5912736015.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 47,
      "fewer_than_5": false,
      "raum": 24003612900.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 5,
      "fewer_than_5": false,
      "raum": 727510023.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 5,
      "fewer_than_5": false,
      "raum": 1697227249.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 35,
      "fewer_than_5": false,
      "raum": 5210733655.0
    }
  ],
  "disclosure_line": "Reports 5 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/112161",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}