Wealth manager, independent · Newtown Square, PA
Concentus Wealth Advisors
Strid Group, LLC · SEC-registered investment adviser · CRD 170052 · SEC 801-79182
At a glance
Concentus Wealth Advisors is an SEC-registered investment adviser based in Newtown Square, Pennsylvania, with $1.1B in regulatory assets under management as of its Form ADV filed March 20, 2026. It reports 341 individual clients, 183 of them high-net-worth, holding an average of about $3.1 million each, and 12 employees. That ranks it 1020th among the nation’s 5,657 independent wealth management RIAs and 67th of 260 in Pennsylvania. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 610-994-9190concentus.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #1,020 of 5,657
- Rank among all SEC RIAs
- #5,145 of 17,210
- Rank in Pennsylvania
- #67 of 260
- Individual clients
- 341
- High-net-worth clients
- 183
- Accounts
- 2,778
- Discretionary
- 97% of AUM
- Employees
- 12
- Advisory staff
- 9
- Offices
- 1
Owners and executives on its Form ADV
- Erik O. StridManaging Member
- Paul F. StridManaging Partner & Chief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Concentus Wealth Advisors is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. It reports a broker-dealer among its affiliates on Form ADV.
Its Form ADV brochure (filed March 2026) names Purshe Kaplan Sterling Investments as the broker-dealer its advisers are registered with.
A representative of our firm is a registered representative of Purshe Kaplan Sterling Investments, Inc.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 183 | $1.0B | 93% |
| Individuals | 158 | $54M | 5% |
| Pension and profit sharing plans | 1 | $21M | 2% |
| Charitable organizations | 2 | $0M | <1% |
Disciplinary disclosures
Concentus Wealth Advisors reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Commissions
Form ADV and brochures on the SEC’s adviser search ↗concentus.com ↗
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The full record on Concentus Wealth Advisors
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 3,354 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Pennsylvania
All of Pennsylvania →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Dinuzzo Private Wealth, Inc.Beaver | $1.2B | 779 |
| Blue Bell Private Wealth Management, LLCBlue Bell | $1.1B | 804 |
| Trebuchet Consulting, LLCPittsburgh | $1.1B | 410 |
| Sterling Investment Advisors LTD.Berwyn | $1.1B | 436 |
| Clearview Financial PartnersRadnor | $1.1B | 627 |
| Faithward Advisors, LLCLancaster | $1.1B | 3,036 |
Background
Questions
How much does Concentus Wealth Advisors manage?
Concentus Wealth Advisors reports $1.1B in regulatory assets under management across 2,778 accounts, 97% of it on a discretionary basis, on its Form ADV filed March 20, 2026.
How many clients does Concentus Wealth Advisors have?
It reports 341 individual clients: 183 high-net-worth individuals and 158 other individuals. Individuals account for about 98% of its regulatory assets.
Where is Concentus Wealth Advisors headquartered?
Its main office is in Newtown Square, Pennsylvania. It reports 1 office in total and 12 employees, 9 of whom perform investment advisory functions.
How does Concentus Wealth Advisors charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees; commissions. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Concentus Wealth Advisors use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed March 20, 2026, it reports these amounts held: Charles Schwab ($917M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Concentus Wealth Advisors a hybrid RIA with a broker-dealer?
Concentus Wealth Advisors is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. It reports a broker-dealer among its affiliates on Form ADV. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Concentus Wealth Advisors a fiduciary?
As an SEC-registered investment adviser, Concentus Wealth Advisors owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 1 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Concentus Wealth Advisors’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). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-20), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →