# BCS Private Wealth Management

> BCS Private Wealth Management is an SEC-registered investment advisory firm in Rumson, NJ, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 12, 2026.

- CRD: 174761
- Filed as: BCS PRIVATE WEALTH MANAGEMENT
- Legal name: Bernard Caroli Wealth Management Inc.
- Also doing business as: ROYALSTON ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Rumson, NJ
- Filing period: October 2026
- Form ADV filing dated: February 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/174761
- AdvisorCensus page: https://advisorcensus.com/firm/bcs-private-wealth-management-rumson-nj-174761

## Quick answers

**How is BCS Private Wealth Management compensated?**
On its Form ADV (Item 5.E, October 2026), BCS Private Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**Where is BCS Private Wealth Management located?**
BCS Private Wealth Management's principal office is in Rumson, NJ, according to its Form ADV.

**Is BCS Private Wealth Management registered with the SEC or a state?**
BCS Private Wealth Management is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 174761.

**How much does BCS Private Wealth Management manage?**
BCS Private Wealth Management reports $469,674,455 in regulatory assets under management in its Form ADV filing dated February 12, 2026 (100% discretionary).

**How have BCS Private Wealth Management's assets and staff changed since 2021?**
In the Form ADV data for BCS Private Wealth Management: Regulatory assets under management: $196,693,381 in the October 2021 data and $469,674,455 in the October 2026 data, up 139%. Total employees: 5 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does BCS Private Wealth Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (118); individuals (other than high net worth individuals) (95); corporations or other businesses not listed above (7).

**Which custodians does BCS Private Wealth Management use?**
BCS Private Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does BCS Private Wealth Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/174761

**What changed in BCS Private Wealth Management's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $405,866,803 to $469,674,455 (+16%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $469,674,455
- Discretionary: $469,674,455
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 95 | $34,566,413 |
| High net worth individuals | 118 | $387,902,993 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $17,923,016 |
| Charitable organizations | 2 | $13,767,230 |
| Corporations or other businesses not listed above | 7 | $15,514,803 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2015 (11 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, MD, NH, NJ, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bc-wm.com
- bcspwm.com
- LinkedIn @BCS-PRIVATE-WEALTH-MANAGEMENT

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $196,693,381 | 5 | September 3, 2021 |
| October 2022 | $280,962,949 | 6 | March 9, 2022 |
| October 2023 | $245,777,267 | 6 | July 31, 2023 |
| October 2024 | $339,859,135 | 6 | July 23, 2024 |
| October 2025 | $405,866,803 | 6 | March 19, 2025 |
| October 2026 | $469,674,455 | 6 | February 12, 2026 |

Regulatory assets under management: $196,693,381 in the October 2021 data and $469,674,455 in the October 2026 data, up 139%.
Total employees: 5 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $405,866,803 to $469,674,455 (+16%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. BCS Private Wealth Management (CRD 174761): Form ADV filing data as of October 2026.