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RIA comparison · SEC Form ADV

SCS Capital Management LLC vs Integrated Wealth Concepts LLC

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

SCS Capital Management LLC is the larger of the two, with $49B in regulatory assets to $24B at Integrated Wealth Concepts LLC, 2.1 times the size of its rival, by their latest Form ADV filings. Integrated Wealth Concepts LLC reports more individual clients (29,187 vs 491), while SCS Capital Management LLC’s clients hold more on average (about $62 million each against $780,000). Both are based in Massachusetts: SCS Capital Management LLC in Boston and Integrated Wealth Concepts LLC in Waltham.

FigureSCS Capital Management LLCIntegrated Wealth Concepts LLC
Regulatory AUM$49B$24B
National rank#24#42
HeadquartersBoston, MassachusettsWaltham, Massachusetts
Individual clients49129,187
High-net-worth clients49110,429
Average client assets$62 million$780,000
Accounts71365,563
Discretionary87% of AUM100% of AUM
Employees213493
Advisory staff99491
Clients per advisory employee559
Offices13121
Form ADV filed2026-07-142026-08-03

SCS Capital Management LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for investment companies
  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses and institutions
  • Pension consulting
  • Selecting other advisers
  • Other services

How it’s paid

  • A percentage of assets under management
  • Fixed fees
  • Performance-based fees
  • Other

Integrated Wealth Concepts LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Pension consulting
  • Selecting other advisers
  • Educational seminars and workshops

How it’s paid

  • A percentage of assets under management
  • Hourly charges
  • Fixed fees

Questions

Which is bigger, SCS Capital Management LLC or Integrated Wealth Concepts LLC?

SCS Capital Management LLC, with $49B in regulatory assets under management against $24B at Integrated Wealth Concepts LLC. Nationally they rank #24 and #42 among 5,657 independent wealth management RIAs.

How many clients do SCS Capital Management LLC and Integrated Wealth Concepts LLC have?

SCS Capital Management LLC reports 491 individual clients (491 high-net-worth) with 99 advisory employees; Integrated Wealth Concepts LLC reports 29,187 (10,429 high-net-worth) with 491 advisory employees.

How do SCS Capital Management LLC and Integrated Wealth Concepts LLC charge clients?

Only SCS Capital Management LLC lists performance-based fees; other forms of compensation on Form ADV. Only Integrated Wealth Concepts LLC lists hourly charges. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do SCS Capital Management LLC and Integrated Wealth Concepts LLC offer?

SCS Capital Management LLC lists portfolio management for investment companies; portfolio management for pooled investment vehicles; portfolio management for businesses and institutions; other services, which Integrated Wealth Concepts LLC does not. Integrated Wealth Concepts LLC lists educational seminars and workshops, which SCS Capital Management LLC does not. Both offer financial planning; portfolio management for individuals and small businesses; pension consulting; selecting other advisers.

More comparisons

Where these numbers come from

Every figure is the firm’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.

Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: SCS Capital Management LLC ↗, Integrated Wealth Concepts LLC ↗. How to check a financial advisor →