{
  "crd_number": 172832,
  "slug": "svb-wealth-boston-ma-172832",
  "primary_business_name": "SVB WEALTH",
  "legal_name": "SVB WEALTH LLC",
  "dbas": [
    "FIRST CITIZENS WEALTH",
    "SVB WEALTH"
  ],
  "city": "Boston",
  "state": "MA",
  "country": "United States",
  "cbsa_code": "14460",
  "metro": {
    "cbsa_code": "14460",
    "common_name": "Boston",
    "msa_name": "Boston-Cambridge-Newton, MA-NH",
    "path": "/advisors/ma/boston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2014-10-02",
  "years_registered": 11,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 3095230922.0,
  "raum_discretionary": 3039659346.0,
  "raum_non_discretionary": 55571576.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 73,
  "advisory_employees": 36,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 212472736.0,
      "count": 13
    },
    "individuals": {
      "raum": 184181097.0,
      "count": 494
    },
    "pension_profit_sharing": {
      "raum": 23000629.0,
      "count": 3,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 2237998710.0,
      "count": 530
    },
    "corporations_other_businesses": {
      "raum": 437577750.0,
      "count": 61
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "pension_consulting",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 7,
  "states_registered": [
    "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"
  ],
  "websites": [
    "https://firstcitizens.com/wealth/disclosures",
    "https://linkedin.com/company/firstcitizenswealth"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/172832",
  "disclosure_items": [
    {
      "item": "11.C(1)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?"
    },
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(5)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    },
    {
      "item": "11.E(4)",
      "question": "Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?"
    }
  ],
  "city_as_filed": "BOSTON",
  "url": "https://advisorcensus.com/firm/svb-wealth-boston-ma-172832",
  "display_name": "SVB Wealth",
  "summary": "SVB Wealth is an SEC-registered investment advisory firm in Boston, MA, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. SVB Wealth (CRD 172832): 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)"
  ],
  "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",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Publication of periodicals or newsletters",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is SVB Wealth compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), SVB Wealth reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is SVB Wealth located?",
      "a": "SVB Wealth's principal office is in Boston, MA, according to its Form ADV; the April 2026 filing also lists 18 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is SVB Wealth registered with the SEC or a state?",
      "a": "SVB Wealth is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 172832."
    },
    {
      "q": "How much does SVB Wealth manage?",
      "a": "SVB Wealth reports $3,095,230,922 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (98% discretionary)."
    },
    {
      "q": "How have SVB Wealth's assets and staff changed since 2021?",
      "a": "In the Form ADV data for SVB Wealth: Regulatory assets under management: $14,427,653,173 in the October 2021 data and $3,095,230,922 in the October 2026 data, down 79%. Total employees: 144 in October 2021 and 73 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does SVB Wealth serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (530); individuals (other than high net worth individuals) (494); corporations or other businesses not listed above (61)."
    },
    {
      "q": "Which custodians does SVB Wealth use?",
      "a": "SVB Wealth's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does SVB Wealth report any disciplinary disclosures?",
      "a": "Reports 7 disclosure items on Form ADV Item 11: yes answers to 7 questions about regulatory matters (11.C(1), 11.C(2), 11.C(4), 11.C(5), 11.D(5), 11.E(2), 11.E(4)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/172832"
    },
    {
      "q": "What changed in SVB Wealth's recent Form ADV filings?",
      "a": "In the April 2026 filing data: No longer lists the business name SVB Private. Added the business name First Citizens Wealth. Employees performing advisory functions went from 58 to 36. Regulatory assets under management went from $4,983,411,995 to $3,095,230,922 (-38%). Added an office in Beverly Hills, CA. Added an office in Canal Winchester, OH. Added an office in Charlotte, NC. Added an office in Chillmark, MA. Added an office in Denver, CO. Added an office in Fayetteville, AR. Added an office in Omaha, NE. Added an office in Raleigh, NC. Added an office in San Mateo, CA. Added an office in Santa Monica, CA. Added an office in Thomaston, CT. Added an office in Washington, PA. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 14427653173.0,
      "total_employees": 144,
      "filing_date": "2021-07-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 15881208222.0,
      "total_employees": 190,
      "filing_date": "2022-08-02"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 14755784415.0,
      "total_employees": 246,
      "filing_date": "2023-08-16"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 6630165968.0,
      "total_employees": 231,
      "filing_date": "2024-05-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 4983411995.0,
      "total_employees": 85,
      "filing_date": "2025-05-13"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 3095230922.0,
      "total_employees": 73,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name SVB Private.",
        "Added the business name First Citizens Wealth.",
        "Employees performing advisory functions went from 58 to 36.",
        "Regulatory assets under management went from $4,983,411,995 to $3,095,230,922 (-38%).",
        "Added an office in Beverly Hills, CA.",
        "Added an office in Canal Winchester, OH.",
        "Added an office in Charlotte, NC.",
        "Added an office in Chillmark, MA.",
        "Added an office in Denver, CO.",
        "Added an office in Fayetteville, AR.",
        "Added an office in Omaha, NE.",
        "Added an office in Raleigh, NC.",
        "Added an office in San Mateo, CA.",
        "Added an office in Santa Monica, CA.",
        "Added an office in Thomaston, CT.",
        "Added an office in Washington, PA.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-11-01",
      "period_label": "November 2025",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "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/svb-wealth-boston-ma-172832.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 494,
      "fewer_than_5": false,
      "raum": 184181097.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 530,
      "fewer_than_5": false,
      "raum": 2237998710.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 3,
      "fewer_than_5": true,
      "raum": 23000629.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 13,
      "fewer_than_5": false,
      "raum": 212472736.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 61,
      "fewer_than_5": false,
      "raum": 437577750.0
    }
  ],
  "disclosure_line": "Reports 7 disclosure items on Form ADV Item 11.",
  "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/172832",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}