Scotia Partners, LLC (Spring City)

Name: Scotia Partners, LLC
Address: 436 Ridge Road, Spring City, PA, 19475
Telephone: (484)932-8560

Scotia Partners, LLC is an adviser based in Spring City. It manages $17.97 million of regulatory assets for 117 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Pennsylvania and Texas.

Scotia Partners provides portfolio management for individuals and small businesses 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.

Scotia Partners: assets under management

The assets under management (AUM) of Scotia Partners, LLC is $17.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 542% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $17.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $153.61 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 99% of the total AUM. The second-largest asset type is exchange traded securities, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Scotia Partners, LLC for their services and products based on a percentage of assets under management. 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 Scotia Partners serves?

The only and largest group of clients of Scotia Partners is individuals with 112 clients and $12.77 million of assets under management. Among the 4 most similar advisory firms, Scotia Partners has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $12.77 million for 112 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Scotia Partners doesn't advise any private funds.

Careers at Scotia Partners, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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
Clifford Johnston Montgomery	Managing member	1 May 2006	75% - 100%	5154901
Paul Jeffrey Montgomery	Portfolio manager	1 Oct 2013	Other	2020148
Paul Jeffrey Montgomery	Cco	1 Feb 2016	75% - 100%	2020148

Based in Spring City

The principal office where Scotia Partners, LLC performs its advisory services is located at 436 Ridge Road, Spring City, PA 19475, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (484)932-8560 or by fax (484)932-8560. The normal business hours are 8:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at scotiapartners.com.