Meraki Talent

Shifting Gears: Salary Guide 2025: Scotland’s Asset & Wealth Ops

See the latest market overview and salary guide for 2025

Meraki Talent’s latest market overview and salary guide for 2025 reveals a clear shift across Scotland’s Asset & Wealth Management Operations and Asset Servicing markets.

Following slowed activity through late 2023 into 2024, hiring has now regained momentum. Yet, it's more focused than before, with firms concentrating on oversight, data-driven operations, and higher-value skill sets.

Across Platforms, Wealth Management, and Securities Services, operational hiring is no longer about volume. It’s about adding the right expertise to meet regulatory pressures, support strategic growth, and evolve with client needs.

Who is the Salary Guide for?

Use our Salary Guide to discover the average pay for someone with similar experience to you and understand your earning potential. Whether you're already working in Asset & Wealth Ops or looking to move into the space, this guide gives you a clear picture of what’s competitive across Scotland.

What's inside:

  • Detailed salary bands for 80+ roles across key functions
  • Insights into the fastest-growing specialisms
  • Expert analysis on the changing face of operations
  • The rise of private capital servicing and real estate functions
  • Evolving demand for data, risk and re-engineering skills
Find out what you should be earning here
salary guide new look 25 cover

Shifting salaries: See where you stand

For hiring managers, recruiters, and talent acquisition teams, this guide gives essential benchmarks. Scotland’s operational finance and servicing market is fast-moving. Offering the right salary is key to attracting and retaining skilled professionals in this tight talent pool.

Benchmark your salary today.
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Salary Guide key findings

  • Firms are upskilling teams to reflect changing demands, with a clear emphasis on operational value creation.
  • The first half of 2025 has brought a return to measured, strategic hiring. There is a stronger focus on specialist skills in oversight, fund accounting and private capital servicing.
  • Outsourcing and offshoring have been maximised, meaning future hiring will be concentrated on higher value.

What does the Salary Guide cover?

The guide covers salary benchmarks and hiring insights across Scotland’s Asset & Wealth Management Operations and Asset Servicing market, including:

  • Wealth management firms
  • Platform providers
  • Asset management operations

 

 

  • Fund accounting (NAV, statutory reporting, private markets)
  • Regulatory reporting, transitions and CASS functions
  • Global markets operations
  • Tax operations
  • Operational client servicing and custody account management

Our outlook for H2 of 2025

Encouragingly, the first half of 2025 has brought a return to measured, strategic hiring. Within Asset Management, firms are strengthening their Oversight functions in response to evolving FCA expectations.

The profile of Operational talent also continues to evolve. Traditional processing roles are giving way to functions that require expertise in data analytics, process re-engineering, and risk management.

Our outlook for H2 2025 is positive, with strategic hiring gaining momentum and a clear shift in Operational talent to meet evolving industry demands.

Whether you're planning headcount, benchmarking your team’s pay, or want to know what you’re worth, this guide will help you understand where the market is heading

Get the edge you need today.

Today the Scottish legal hiring market is balancing two opposing forces: an oversupply of junior talent and a scarcity of mid-level candidates. Firms are responding with more targeted hiring, sharper offers, and a renewed focus on flexibility, development, and culture.

In 2025, firms able to navigate this complex landscape with agility and intent will be best positioned to attract, and keep, the talent they need.

Stay ahead of the curve! Download Meraki Talent's Salary Guide today.

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