{
  "crd_number": 151225,
  "slug": "corient-shc-wealth-management-us-lp-philadelphia-pa-151225",
  "primary_business_name": "CORIENT SHC WEALTH MANAGEMENT (US) LP",
  "legal_name": "CORIENT SHC WEALTH MANAGEMENT (US) LP",
  "dbas": [],
  "city": "Philadelphia",
  "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": "2009-10-07",
  "years_registered": 16,
  "period": "2026-10-01",
  "filing_date": "2026-07-13",
  "carried_forward": false,
  "raum_total": 2343505235.0,
  "raum_discretionary": 1463322922.0,
  "raum_non_discretionary": 880182313.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 36,
  "advisory_employees": 22,
  "client_count_bucket": null,
  "clients_by_type": {
    "investment_companies": {
      "raum": 12060771.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 2331444464.0,
      "count": 73
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "MA",
    "NC",
    "NY",
    "PA"
  ],
  "websites": [
    "https://corient.com",
    "https://fftwealth.com",
    "https://linkedin.com/company/fft-wealth-management"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/151225",
  "city_as_filed": "PHILADELPHIA",
  "url": "https://advisorcensus.com/firm/corient-shc-wealth-management-us-lp-philadelphia-pa-151225",
  "display_name": "Corient SHC Wealth Management (US) LP",
  "summary": "Corient SHC Wealth Management (US) LP is an SEC-registered investment advisory firm in Philadelphia, PA, registered since 2009, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 13, 2026.",
  "citation": "AdvisorCensus. Corient SHC Wealth Management (US) LP (CRD 151225): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Corient SHC Wealth Management (US) LP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Corient SHC Wealth Management (US) LP reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "What does Corient SHC Wealth Management (US) LP's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated June 30, 2026 states: Asset-based fee: 0.25% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Corient SHC Wealth Management (US) LP located?",
      "a": "Corient SHC Wealth Management (US) LP's principal office is in Philadelphia, PA, according to its Form ADV; the August 2026 filing also lists 3 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Corient SHC Wealth Management (US) LP registered with the SEC or a state?",
      "a": "Corient SHC Wealth Management (US) LP is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 151225."
    },
    {
      "q": "How much does Corient SHC Wealth Management (US) LP manage?",
      "a": "Corient SHC Wealth Management (US) LP reports $2,343,505,235 in regulatory assets under management in its Form ADV filing dated July 13, 2026 (62% discretionary)."
    },
    {
      "q": "How have Corient SHC Wealth Management (US) LP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Corient SHC Wealth Management (US) LP: Regulatory assets under management: $1,446,653,148 in the October 2021 data and $2,343,505,235 in the October 2026 data, up 62%. Total employees: 24 in October 2021 and 36 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Corient SHC Wealth Management (US) LP serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (73); investment companies (1)."
    },
    {
      "q": "Which custodians does Corient SHC Wealth Management (US) LP use?",
      "a": "Corient SHC Wealth Management (US) LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Corient SHC Wealth Management (US) LP 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/151225"
    },
    {
      "q": "Does Corient SHC Wealth Management (US) LP state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated June 30, 2026 says: \"FFT generally does not impose a minimum portfolio size or minimum annual fee. Certain third-party managers may impose account minimums.\""
    },
    {
      "q": "What changed in Corient SHC Wealth Management (US) LP's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Changed its legal name from FFT Wealth Management LLC to Corient SHC Wealth Management (US) LP. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1446653148.0,
      "total_employees": 24,
      "filing_date": "2021-04-16"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 3654702946.0,
      "total_employees": 20,
      "filing_date": "2022-05-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 2495479421.0,
      "total_employees": 26,
      "filing_date": "2023-07-18"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 3126000000.0,
      "total_employees": 30,
      "filing_date": "2024-04-04"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 6051403909.0,
      "total_employees": 45,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2343505235.0,
      "total_employees": 36,
      "filing_date": "2026-07-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Changed its legal name from FFT Wealth Management LLC to Corient SHC Wealth Management (US) LP.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Reported a succession: took over the business of FFT Wealth Management (CRD 151225) on June 1, 2026.",
        "Employees performing advisory functions went from 24 to 22.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 26 to 24.",
        "Regulatory assets under management went from $6,051,403,909 to $2,343,505,235 (-61%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 30, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.25% to 1.5% a year",
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "None",
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.25% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "The Firm’s asset-based fee generally varies between 0.25% and 1.50% of the assets under management depending on the size of the investment portfolio, the complexity of an engagement and the type of services to be rendered."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "FFT generally does not impose a minimum portfolio size or minimum annual fee. Certain third-party managers may impose account minimums."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: None"
        ],
        "quotes": [
          "FFT generally does not impose a minimum portfolio size or minimum annual fee. Certain third-party managers may impose account minimums."
        ]
      }
    ],
    "quotes": [
      "The Firm’s asset-based fee generally varies between 0.25% and 1.50% of the assets under management depending on the size of the investment portfolio, the complexity of an engagement and the type of services to be rendered.",
      "FFT generally does not impose a minimum portfolio size or minimum annual fee. Certain third-party managers may impose account minimums.",
      "FFT generally does not impose a minimum portfolio size or minimum annual fee. Certain third-party managers may impose account minimums."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "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/corient-shc-wealth-management-us-lp-philadelphia-pa-151225.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 73,
      "fewer_than_5": false,
      "raum": 2331444464.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 12060771.0
    }
  ],
  "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/151225",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}