{
  "crd_number": 285240,
  "slug": "scm-investment-services-lake-elmo-mn-285240",
  "primary_business_name": "SCM INVESTMENT SERVICES",
  "legal_name": "SABELA CONSULTING GROUP",
  "dbas": [],
  "city": "Lake Elmo",
  "state": "MN",
  "country": "United States",
  "cbsa_code": "33460",
  "metro": {
    "cbsa_code": "33460",
    "common_name": "Minneapolis",
    "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI",
    "path": "/advisors/mn/minneapolis"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2021-01-07",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-01-27",
  "carried_forward": false,
  "raum_total": 3100448.0,
  "raum_discretionary": 3100448.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 3100448.0,
      "count": 12
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "other",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "IN",
    "MN"
  ],
  "websites": [
    "https://facebook.com/SCMINVEST",
    "https://linkedin.com/COMPANY/SCMINVEST",
    "https://scminvesting.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/285240",
  "city_as_filed": "LAKE ELMO",
  "url": "https://advisorcensus.com/firm/scm-investment-services-lake-elmo-mn-285240",
  "display_name": "SCM Investment Services",
  "summary": "SCM Investment Services is a state-registered investment advisory firm in Lake Elmo, MN, registered since 2021, reporting under $25 million in regulatory assets under management in its Form ADV filing dated January 27, 2026.",
  "citation": "AdvisorCensus. SCM Investment Services (CRD 285240): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is SCM Investment Services compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), SCM Investment Services reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is SCM Investment Services located?",
      "a": "SCM Investment Services' principal office is in Lake Elmo, MN, according to its Form ADV."
    },
    {
      "q": "Is SCM Investment Services registered with the SEC or a state?",
      "a": "SCM Investment Services is a state-registered investment advisory firm, registered since 2021. Status as filed: APPROVED. CRD 285240."
    },
    {
      "q": "How much does SCM Investment Services manage?",
      "a": "SCM Investment Services reports $3,100,448 in regulatory assets under management in its Form ADV filing dated January 27, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does SCM Investment Services serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (12)."
    },
    {
      "q": "Does SCM Investment Services report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/285240"
    }
  ],
  "filing_history": [],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/scm-investment-services-lake-elmo-mn-285240.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 12,
      "fewer_than_5": false,
      "raum": 3100448.0
    }
  ],
  "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/285240",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}