Wealth manager, independent · Boston, MA
SCS Capital Management LLC
SEC-registered investment adviser · CRD 122258 · SEC 801-61448
At a glance
SCS Capital Management LLC is an SEC-registered investment adviser based in Boston, Massachusetts, with $49B in regulatory assets under management as of its Form ADV filed July 14, 2026. It reports 491 individual clients, 491 of them high-net-worth, holding an average of about $62 million each, and 213 employees. That ranks it 24th among the nation’s 5,657 independent wealth management RIAs and 1st of 202 in Massachusetts. It reports 3 custodians for its clients’ separately managed accounts: Fidelity, BNY Pershing and Charles Schwab.
Main office 617-204-6400scsfinancial.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $49B
- Rank among independent wealth managers
- #24 of 5,657
- Rank among all SEC RIAs
- #441 of 17,210
- Rank in Massachusetts
- #1 of 202
- Individual clients
- 491
- High-net-worth clients
- 491
- Accounts
- 713
- Discretionary
- 87% of AUM
- Employees
- 213
- Advisory staff
- 99
- Offices
- 13
Owners and executives on its Form ADV
- Antony J. AbbiatiChief Executive Officer
- Marcelo A. VedovattoChief Operating Officer
- Melissa M. SchnebergerChief Talent Officer
- Colin T. CampbellChief Financial Officer
- Bradley L. MacdonaldChief Investment Officer
- William C SkeeanPresident
- Adrienne PentaNational Head of Wealth Management
- Nicholas J. AsselinChief Compliance Officer
Custody and brokerage
Broker-dealer
Affiliated broker-dealer
It reports a broker-dealer among its affiliates on Form ADV.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 491 | $30B | 62% |
| Pooled investment vehicles | 78 | $17B | 35% |
| Charitable organizations | 14 | $883M | 2% |
| Corporations or other businesses | 5 | $166M | <1% |
| Investment companies | 1 | $96M | <1% |
| State or municipal government entities | – | $73M | <1% |
| Other investment advisers | – | $32M | <1% |
Private funds
SCS Capital Management LLC reports 62 private funds with $17B in gross assets: hedge funds, private equity funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
SCS Capital Management LLC 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 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
Form ADV and brochures on the SEC’s adviser search ↗scsfinancial.com ↗
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- Assets, accounts, clients and staff, ten years of filings
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- 8 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 Massachusetts
All of Massachusetts →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Integrated Wealth Concepts LLCWaltham | $24B | 29,187 |
| RWA Wealth PartnersBoston | $20B | 5,951 |
| Ballentine PartnersWaltham | $15B | 342 |
| CW Advisors, LLCBoston | $15B | 6,426 |
| Loring, Wolcott & Coolidge Fiduciary Advisors, LLPBoston | $13B | 3,214 |
| Choate Investment AdvisorsBoston | $10B | 614 |
Compare SCS Capital Management LLC with
- SCS Capital Management LLC vs CWM, LLC $51B · Omaha, NE
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- SCS Capital Management LLC vs EP Wealth Advisors $45B · Torrance, CA
- SCS Capital Management LLC vs Lido $43B · LOS Angeles, CA
- SCS Capital Management LLC vs Integrated Wealth Concepts LLC $24B · Waltham, MA
Background
Questions
How much does SCS Capital Management LLC manage?
SCS Capital Management LLC reports $49B in regulatory assets under management across 713 accounts, 87% of it on a discretionary basis, on its Form ADV filed July 14, 2026.
How many clients does SCS Capital Management LLC have?
It reports 491 individual clients: 491 high-net-worth individuals and 0 other individuals. Individuals account for about 62% of its regulatory assets.
Where is SCS Capital Management LLC headquartered?
Its main office is in Boston, Massachusetts. It reports 13 offices in total and 213 employees, 99 of whom perform investment advisory functions.
How does SCS Capital Management LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees; performance-based fees; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does SCS Capital Management LLC use?
It reports 3 custodians for its clients’ separately managed accounts: Fidelity, BNY Pershing and Charles Schwab. On Schedule D of its Form ADV filed July 14, 2026, it reports these amounts held: Fidelity ($13B); BNY Pershing ($5.9B); Charles Schwab ($5.1B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is SCS Capital Management LLC a hybrid RIA with a broker-dealer?
It reports a broker-dealer among its affiliates on Form ADV.
Is SCS Capital Management LLC a fiduciary?
As an SEC-registered investment adviser, SCS Capital Management LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is SCS Capital Management LLC’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 (2026-07-14), 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 →