# Doug Scott

> Doug Scott is the New York-based co-founder and CEO of Ethic, which builds personalized, tax-smart and values-aligned investment portfolios for advisors and institutions. Raised in Melbourne, he worked in M&A at Deutsche Bank before co-founding Ethic with Jay Lipman and Johny Mair in 2015. He also hosts the Work Ethic interview series and serves on the board of Stanford’s Long-Term Investing Initiative.

- **Role:** Co-founder and CEO at Ethic
- **Organizations:** Ethic, Stanford Long-Term Investing Initiative, Deutsche Bank, Forbes Finance Council
- **Education:** University of Melbourne
- **Known for:** Co-founded Ethic in 2015., Included with Jay Lipman in Forbes’ 2018 30 Under 30 Social Entrepreneurs list., Recognized as a Business Insider Rising Star of Wall Street.

## Career timeline

- **2010-2014** — Worked in mergers and acquisitions investment banking at Deutsche Bank.
- **2015** — Co-founded Ethic with Jay Lipman and Johny Mair.
- **2018** — Recognized with Jay Lipman on the Forbes 30 Under 30 Social Entrepreneurs list.
- **2019** — Named to WealthManagement.com’s Ten to Watch in 2020.
- **2024** — Ethic announced it had surpassed $5 billion in assets as of the end of the first quarter.
- **2025** — Ethic announced a $64 million Series D led by State Street Global Advisors and a strategic partnership with the firm.
- **2026** — Began hosting Work Ethic; Ethic reported $10 billion-plus AUM and 350-plus partner firms as of July 27.

## Achievements

- Co-founded Ethic in 2015.
- Included with Jay Lipman in Forbes’ 2018 30 Under 30 Social Entrepreneurs list.
- Recognized as a Business Insider Rising Star of Wall Street.
- Board member of Stanford’s Long-Term Investing Initiative.
- Led Ethic as CEO as it reached company-reported AUM above $10 billion in July 2026.
- Listed as a 2025 ThinkAdvisor Luminaries CEO of the Year finalist in investment management.

## Latest updates

- **2026-09** — Interviewed John M. Dowd, chairman and former CEO of Fiduciary Trust International, for Work Ethic.
- **2026-08** — Published a Forbes Finance Council essay about leaders remaining close to operational detail.
- **2026-07** — Ethic reported more than $10 billion AUM and 350-plus partner firms as of July 27.
- **2026-02** — Ethic announced the Work Ethic interview series hosted by Scott.

## Links

- Website: https://www.ethic.com/
- LinkedIn: https://www.linkedin.com/in/dwascott
- YouTube: https://www.youtube.com/@WorkEthicShow

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Profile page: https://yespress.io/doug-scott
Published by YesPress — https://yespress.io
Last updated: 2026-10-26