Clients
SCS Capital Management serves 589 clients, 491 of them high-net-worth individuals. The average client has about $83 million with the firm, and high-net-worth clients hold 62% of its $48.7 billion in assets.
- High-net-worth individuals491 clients62%
- Pooled investment vehicles78 clients35%
- OtherInvestment companies, Charitable organizations, State or municipal government entities, Other investment advisers, Corporations and other businesses3%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 491 | $30,394,170,683 | 62.5% | $61.9M |
| Investment companies | 1 | $95,833,758 | 0.2% | $95.8M |
| Pooled investment vehicles | 78 | $17,007,264,740 | 35.0% | $218.0M |
| Charitable organizations | 14 | $882,619,368 | 1.8% | $63.0M |
| State or municipal government entities | Not reported | $72,897,549 | 0.1% | — |
| Other investment advisers | Not reported | $31,621,261 | 0.1% | — |
| Corporations and other businesses | 5 | $165,789,925 | 0.3% | $33.2M |
| Total | 589 | $48,650,197,284 | 100% | $82.6M |
- Clients
- 491
- Regulatory AUM
- $30,394,170,683
- Share
- 62.5%
- Avg. per client
- $61.9M
- Clients
- 1
- Regulatory AUM
- $95,833,758
- Share
- 0.2%
- Avg. per client
- $95.8M
- Clients
- 78
- Regulatory AUM
- $17,007,264,740
- Share
- 35.0%
- Avg. per client
- $218.0M
- Clients
- 14
- Regulatory AUM
- $882,619,368
- Share
- 1.8%
- Avg. per client
- $63.0M
- Clients
- Not reported
- Regulatory AUM
- $72,897,549
- Share
- 0.1%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $31,621,261
- Share
- 0.1%
- Avg. per client
- —
- Clients
- 5
- Regulatory AUM
- $165,789,925
- Share
- 0.3%
- Avg. per client
- $33.2M
Total
- Clients
- 589
- Regulatory AUM
- $48,650,197,284
- Share
- 100%
- Avg. per client
- $82.6M
What it does
SCS Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and other activities. It is paid through a percentage of assets, fixed fees, performance-based fees and other arrangements.
SCS Capital Management provided financial planning to 500 clients last fiscal year and advises 62 private funds.
86.9% of assets ($42.29B across 565 accounts) are managed with discretion; $6.36B across 148 accounts are not. 5% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks23%
- Funds60%
- Registered funds45%
- Pooled vehicles15%
- Bonds7%
- State and local bonds4%
- U.S. government and agency bonds2%
- Investment grade corporate bonds1%
- Cash10%
Custodians
SCS Capital Management’s client accounts are held mainly at Fidelity, with 27% of managed assets, and Pershing, with 12%. SCS Capital Management has custody of $36.35B for 529 clients.
- FidelityFidelity Brokerage Services LLC · Boston, MA · $13.08B27%
- Charles SchwabCharles Schwab & Co., Inc. · Orlando, FL · $5.07B10%
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $5.85B12%
- All other custodians$24.64B51%
Ownership and leadership
Focus Operating, LLC owns 75% or more of SCS Capital Management, and Antony Abbiati is its CEO.
- Owns 75% or more of SCS Capital Management LLC
Focus Operating, LLC
Control person · since July 2017
- Owns 75% or more of Focus Operating, LLC
Focus Financial Partners, LLC
Control person · since January 2007
- Owns 50% to 75% of Focus Financial Partners, LLC
Focus Financial Partners Inc.
Control person · since July 2018
- Owns 75% or more of Focus Financial Partners Inc.
Ferdinand FFP Acquisition, LLC
Control person · since August 2023
- Owns 75% or more of Ferdinand FFP Acquisition, LLC
Ferdinand FFP Intermediate Holdings, LLC
Control person · since August 2023
- Owns 75% or more of Ferdinand FFP Intermediate Holdings, LLC
Ferdinand FFP Parent, Inc.
Control person · since August 2023
- Owns 75% or more of Ferdinand FFP Parent, Inc.
Ferdinand FFP Ultimate Holdings, LP
Control person · since August 2023
- Owns 50% to 75% of Ferdinand FFP Ultimate Holdings, LP
CD&R Ferdinand Holdings, L.P.
Control person · since August 2023
- Owns 50% to 75% of CD&R Ferdinand Holdings, L.P.
Clayton, Dubilier, & Rice Fund Xii, L.P.
Control person · since August 2023
- Owns 25% to 50% of CD&R Ferdinand Holdings, L.P.
CD&R Ferdinand Co-Investor, L.P.
Control person · since August 2023
- Owns 10% to 25% of SCS Capital Management LLC
Focus SCS Holdings, Inc.
since July 2017
Leadership
- Antony AbbiatiChief Executive Officer
- William SkeeanPresident
- Colin CampbellChief Financial Officer
- Marcelo VedovattoChief Operating Officer
- Nicholas AsselinChief Compliance Officer
- Bradley MacdonaldChief Investment Officer
- Adrienne PentaNational Head of Wealth Management
- Melissa SchnebergerChief Talent Officer
Staff
- 213 employees
- 99 in advisory functions
- 85 state-registered reps
- 6 soliciting firms
Reported holdings
SCS Capital Management’s reported 13F holdings total $10.59B across 485 positions, and the ten largest make up 52.7% of it.
- $10.59B
- Reported 13F value
- 485
- Positions
- 52.7%
- In the 10 largest
- +12.1%
- Value vs. prior quarter
- Vanguard Scottsdale Fds · Inter Term Treas11.1%
- Vanguard Index Fds · Total Stk Mkt9.0%
- iShares TR · Russell 3000 ETF7.5%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt6.1%
- State Str SPDR S&P 500 ETF T · TR Unit4.9%
- Schwab Strategic TR · US Brd Mkt ETF3.3%
- Schwab Strategic TR · Intl Eqty ETF3.3%
- Vanguard Index Fds · S&P 500 ETF Shs2.8%
- SPDR Series Trust · ST Str P500etf2.6%
- SPDR Series Trust · ST Str P500grw2.2%
Together, the ten largest are 52.7% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $10.59B is not its $48.65B in regulatory assets and does not represent any individual client's portfolio.
Fees
SCS Capital Management is paid through a percentage of assets under management, fixed fees (other than subscription fees), performance-based fees and other.
SCS Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, SCS Capital Management has 12 offices (2 private residences, listed without an address), with 11 listed addresses across 10 states.
Florida · 2 listed addresses
- 515 N. Flagler Drive, West Palm Beach
- 1700 South Macdill Ave, Tampa
California · 1 listed address
- 1900 Avenue of the Stars, Los Angeles
Georgia · 1 listed address
- 3333 Riverwood Parkway, Atlanta
Kentucky · 1 listed address
- 300 West Vine ST, Lexington
Massachusetts · 1 listed address
- 888 Boylston Street, Suite 1010, BostonHQ
New Hampshire · 1 listed address
- 145 Maplewood Ave, Portsmouth
New York · 1 listed address
- 780 3rd Ave, New York
North Carolina · 1 listed address
- 200 S. College ST, Charlotte
Rhode Island · 1 listed address
- 10 Memorial Boulevard, Providence
Texas · 1 listed address
- 3811 Turtle Creek BLVD, Dallas
Other business names
SCS Capital Management has reported 4 other business names to the SEC.
- Blue Current
- Focus Investment Partners
- SCS Financial
- SCS Financial Services
Registration details
- Legal name
- SCS Capital Management LLC
- Headquarters
- 888 Boylston Street, Suite 1010, Boston, MA 02199
- Phone
- 617-204-6400
- Website
- Not reported
- SEC file
- 801-61448
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does SCS Capital Management have?
SCS Capital Management has 589 clients and manages $48.7 billion for them, as of July 2026. They include 491 high-net-worth individuals, 78 pooled investment vehicles and 14 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 July 2026
What services does SCS Capital Management offer?
SCS Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does SCS Capital Management use?
SCS Capital Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Boston, MA), with $13,080,241,000, Pershing Advisor Solutions LLC (Jersey City, NJ), with $5,853,628,000 and Charles Schwab & Co., Inc. (Orlando, FL), with $5,074,517,000. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 July 2026
How many financial advisors does SCS Capital Management have?
SCS Capital Management has 85 investment adviser representatives registered with state securities authorities, out of 213 employees, and 99 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does SCS Capital Management invest in?
At the end of its last fiscal year, SCS Capital Management’s separately managed accounts held 45% registered funds (mutual funds, ETFs, BDCs), 23% exchange-traded equities, 15% pooled vehicles (private funds and similar), 10% cash and equivalents, 4% state and local bonds, 2% U.S. government and agency bonds and 1% investment grade corporate bonds. It advises 62 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns SCS Capital Management?
SCS Capital Management is owned through a chain of holding companies by CD&R Ferdinand Co-Investor, L.P. and Clayton, Dubilier, & Rice Fund Xii, L.P. Its direct owners are Focus Operating, LLC (75% or more) and Focus SCS Holdings, Inc. (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 14 July 2026
How does SCS Capital Management get paid?
SCS Capital Management is paid through a percentage of assets under management, fixed fees, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file