{
  "crd_number": 170052,
  "slug": "concentus-wealth-advisors-newtown-square-pa-170052",
  "primary_business_name": "CONCENTUS WEALTH ADVISORS",
  "legal_name": "STRID GROUP, LLC",
  "dbas": [
    "CONCENTUS WEALTH ADVISORS"
  ],
  "city": "Newtown Square",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2014-02-19",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-03-20",
  "carried_forward": false,
  "raum_total": 1077317886.0,
  "raum_discretionary": 1048655414.0,
  "raum_non_discretionary": 28662472.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 12,
  "advisory_employees": 9,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 497023.0,
      "count": 2,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 53768606.0,
      "count": 158
    },
    "pension_profit_sharing": {
      "raum": 21055088.0,
      "count": 1,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 1001997169.0,
      "count": 183
    }
  },
  "compensation_types": [
    "commissions",
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "DE",
    "FL",
    "LA",
    "MA",
    "MD",
    "NC",
    "NH",
    "NJ",
    "NY",
    "PA",
    "SC",
    "TX"
  ],
  "websites": [
    "https://concentus.com",
    "https://empoweredvalues.com",
    "https://exploretosoar.com",
    "https://facebook.com/concentuswealth",
    "https://instagram.com/concentuswealthadvisors",
    "https://linkedin.com/company/concentus-wealth-advisors",
    "https://linkedin.com/in/concentus-wealth-advisors",
    "https://vimeo.com/showcase/concentus",
    "https://youtube.com/channel/UCE3ZNeBKKC0JQLoRC6cz07g"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/170052",
  "city_as_filed": "NEWTOWN SQUARE",
  "url": "https://advisorcensus.com/firm/concentus-wealth-advisors-newtown-square-pa-170052",
  "display_name": "Concentus Wealth Advisors",
  "summary": "Concentus Wealth Advisors is an SEC-registered investment advisory firm in Newtown Square, PA, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.",
  "citation": "AdvisorCensus. Concentus Wealth Advisors (CRD 170052): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Commissions"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Concentus Wealth Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Concentus Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions."
    },
    {
      "q": "Where is Concentus Wealth Advisors located?",
      "a": "Concentus Wealth Advisors' principal office is in Newtown Square, PA, according to its Form ADV."
    },
    {
      "q": "Is Concentus Wealth Advisors registered with the SEC or a state?",
      "a": "Concentus Wealth Advisors is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 170052."
    },
    {
      "q": "How much does Concentus Wealth Advisors manage?",
      "a": "Concentus Wealth Advisors reports $1,077,317,886 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (97% discretionary)."
    },
    {
      "q": "How have Concentus Wealth Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Concentus Wealth Advisors: Regulatory assets under management: $651,137,000 in the October 2021 data and $1,077,317,886 in the October 2026 data, up 65%. Total employees: 9 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Concentus Wealth Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (183); individuals (other than high net worth individuals) (158); charitable organizations (2)."
    },
    {
      "q": "Which custodians does Concentus Wealth Advisors use?",
      "a": "Concentus Wealth Advisors' 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."
    },
    {
      "q": "Does Concentus Wealth Advisors report any disciplinary disclosures?",
      "a": "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/170052"
    },
    {
      "q": "What changed in Concentus Wealth Advisors' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 7 to 9. Regulatory assets under management went from $899,137,182 to $1,077,317,886 (+20%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 651137000.0,
      "total_employees": 9,
      "filing_date": "2021-05-18"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 794755000.0,
      "total_employees": 14,
      "filing_date": "2022-03-08"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 700000000.0,
      "total_employees": 12,
      "filing_date": "2023-02-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 799939434.0,
      "total_employees": 10,
      "filing_date": "2024-08-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 899137182.0,
      "total_employees": 11,
      "filing_date": "2025-07-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1077317886.0,
      "total_employees": 12,
      "filing_date": "2026-03-20"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 7 to 9.",
        "Regulatory assets under management went from $899,137,182 to $1,077,317,886 (+20%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/concentus-wealth-advisors-newtown-square-pa-170052.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 158,
      "fewer_than_5": false,
      "raum": 53768606.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 183,
      "fewer_than_5": false,
      "raum": 1001997169.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 21055088.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": true,
      "raum": 497023.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/170052",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}