Scs Capital Management LLC

CRD#122258
Investment Advisor Firm

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Learn more about Scs Capital Management LLC

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Scs Capital Management LLC is located at 888 Boylston Street, Boston, MA. The firm employs 45 financial advisors to manage client portfolios and provide financial guidance. Scs Capital Management LLC is not a registered broker-dealer.

    Scs Capital Management LLC oversees $30.2 billion in assets under management across 366 accounts, of which 278 are discretionary and 88 are non-discretionary. Over the past year, the firm has provided financial planning services to between 101 and 250 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, selection of other advisers, and other services. The firm caters to high net worth investors and pooled investment vehicles, with high net worth investors being the largest client type by accounts. The fee structure at Scs Capital Management LLC includes asset-based, fixed, and performance-based fees. The firm has 210 high net worth clients and maintains affiliations with a broker-dealer or securities dealer, an insurance company or agency, a pension consultant, and a commodity pool advisor.

    Scs Capital Management LLC is registered in the states of Alaska, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Illinois, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin, and Wyoming.

    Assets Under Management

    $30.2 billion

    Number of Advisors

    45

    Disclosures

    No

    Office Location

    888 Boylston Street
    Boston, MA 02199

    Scs Capital Management LLC by the Numbers

    Total Assets Under Management

    $30.2 billion

    National Average: $8.6 billion
    Total Number of Employees

    127

    National Average: 64
    Total Number of Accounts

    366

    National Average: 375,227
    Average Account Size

    $82.5 million

    National Average: $23.0 thousand
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    Products and Services

    Scs Capital Management LLC offers a variety of financial services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, selection of other advisers, and other services. In the past financial year, Scs Capital Management LLC provided financial planning services to 101-250 of its accounts. The Company is engaged in selling products or offering services apart from investment advice to its customers.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

    • Offered by 20% of firms

      Selection of Other Advisors

      This is the firm's assistance with choosing other advisors to work with who may have different specialties.

    • Find a firm that offers this service

      Publication of Periodicals

      This is the publication of various financial education materials.

    • Find a firm that offers this service

      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

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    Fee Structure

    Fees charged by financial advisors usually are based on the financial services provided. Fees billed by Scs Capital Management LLC can consist of some combination of the following fee types: asset-based, fixed, or performance-based.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    It caters to high net worth investors and pooled investment vehicles. Out of its 2 clients, Scs Capital Management LLC's largest client type by number of accounts is high net worth investors, though it also serves 210 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an investor who has at least $750,000 under management or a net worth of at least $1,50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 75.81%
    • Other Individuals - 0%
    • Corporations - 24.19%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Scs Capital Management LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Scs Capital Management LLC

    Alexander Cote
    Boston, MA
    Michael Hassett
    Boston, MA
    Keaton Himsl
    Beverly Hills, CA
    Andrew Newfield
    Boston, MA
    Peter Vilim
    New York, NY
    Stephen Carlson
    Boston, MA
    Ryan Ederle
    Boston, MA
    Rory Wilfork
    Boston, MA
    John Homan
    Boston, MA

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