# SCS Capital Management LLC

> SCS Capital Management LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 2002, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 14, 2026.

- CRD: 122258
- Filed as: SCS CAPITAL MANAGEMENT LLC
- Also doing business as: BLUE CURRENT, FOCUS INVESTMENT PARTNERS, SCS FINANCIAL, SCS FINANCIAL SERVICES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: July 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/122258
- AdvisorCensus page: https://advisorcensus.com/firm/scs-capital-management-llc-boston-ma-122258

## Quick answers

**How is SCS Capital Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), SCS Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is SCS Capital Management LLC located?**
SCS Capital Management LLC's principal office is in Boston, MA, according to its Form ADV; the August 2026 filing also lists 10 other offices (Schedule D, Section 1.F).

**Is SCS Capital Management LLC registered with the SEC or a state?**
SCS Capital Management LLC is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 122258.

**How much does SCS Capital Management LLC manage?**
SCS Capital Management LLC reports $48,650,197,284 in regulatory assets under management in its Form ADV filing dated July 14, 2026 (87% discretionary).

**How have SCS Capital Management LLC's assets and staff changed since 2021?**
In the Form ADV data for SCS Capital Management LLC: Regulatory assets under management: $28,956,460,617 in the October 2021 data and $48,650,197,284 in the October 2026 data, up 68%. Total employees: 107 in October 2021 and 213 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does SCS Capital Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (491); pooled investment vehicles (other than investment companies and business development companies) (78); charitable organizations (14).

**Which custodians does SCS Capital Management LLC use?**
SCS Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC and Pershing Advisor Solutions LLC as custodians holding 10% or more of its separately managed account assets.

**Does SCS Capital Management LLC 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/122258

**What changed in SCS Capital Management LLC's recent Form ADV filings?**
In the April 2026 filing data: No longer lists the business name SCS Investment Partners. Employees performing advisory functions went from 98 to 99. Regulatory assets under management went from $43,134,668,533 to $48,650,197,284 (+13%). Changed its office addresses in West Palm Beach, FL. Registered or notice-filed in AR, IA, ID, MN, MT, ND, WV.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees
- Other

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC
- Pershing Advisor Solutions LLC

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: $48,650,197,284
- Discretionary: $42,287,156,034
- Non-discretionary: $6,363,041,250

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 491 | $30,394,170,683 |
| Investment companies | 1 | $95,833,758 |
| Pooled investment vehicles (other than investment companies and business development companies) | 78 | $17,007,264,740 |
| Charitable organizations | 14 | $882,619,368 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $72,897,549 |
| Other investment advisers | Fewer than 5 | $31,621,261 |
| Corporations or other businesses not listed above | 5 | $165,789,925 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2002 (24 years)
- Employees: 213 total, 99 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Atlanta, GA
- Charlotte, NC
- Dallas, TX
- Lexington, KY
- Los Angeles, CA
- New York, NY
- Portsmouth, NH
- Providence, RI
- Tampa, FL
- West Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- bluecurrentfunds.com
- bluecurrentportfolios.com
- focusfinancialpartners.com
- scsfinancial.com
- LinkedIn @FOCUS-FINANCIAL-PARTNERS
- LinkedIn @SCS-FINANCIAL
- X @FOCUSFINANCIAL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $28,956,460,617 | 107 | April 30, 2021 |
| October 2022 | $32,181,107,000 | 115 | August 15, 2022 |
| October 2023 | $28,982,522,000 | 130 | September 27, 2023 |
| October 2024 | $30,185,189,000 | 127 | July 12, 2024 |
| October 2025 | $43,134,668,533 | 210 | March 31, 2025 |
| October 2026 | $48,650,197,284 | 213 | July 14, 2026 |

Regulatory assets under management: $28,956,460,617 in the October 2021 data and $48,650,197,284 in the October 2026 data, up 68%.
Total employees: 107 in October 2021 and 213 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- No longer lists the business name SCS Investment Partners.
- Employees performing advisory functions went from 98 to 99.
- Regulatory assets under management went from $43,134,668,533 to $48,650,197,284 (+13%).
- Changed its office addresses in West Palm Beach, FL.
- Registered or notice-filed in AR, IA, ID, MN, MT, ND, WV.

### February 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. SCS Capital Management LLC (CRD 122258): Form ADV filing data as of October 2026.