SCS Financial
SCS Financial is a Boston-based registered investment advisory firm serving approximately 500 ultra-high-net-worth families with an average $100M in assets. The firm offers integrated wealth advisory, investment management, and family office services across 11 U.S. offices as a division of Focus Partners.
- Company typePrivate
- Founded2002
- HeadquartersBoston, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What SCS Financial does
SCS Financial is a Boston-based registered investment advisory firm founded in 2002 by Tony Abbiati that operates as a multi-family office serving ultra-high-net-worth families. As of December 31, 2025, the firm manages $60 billion in total regulatory assets under management plus assets under advisement for approximately 500 client families with an average client size of $100 million. SCS is a division of Focus Partners, a larger financial services conglomerate, and operates 11 offices across the United States with a client-to-employee ratio of less than 3-to-1. The firm reports a 98% average annual client retention rate since inception and a 95% senior employee retention rate from 2020 to 2025.
The firm offers three integrated service lines: Wealth Advisory (trust and estate planning, family governance, next-generation education including the "Cultivating Capable Kids" program, insurance advisory, philanthropic advisory, and fiduciary selection); Investment Management (endowment-style portfolio construction with access to traditional and alternative investments including private equity, venture capital, and real assets); and Family Office Services (consolidated reporting, cashflow planning, bill pay, outside advisor oversight, and lifestyle management). Its technology platform connects data across investments and wealth planning and is integrated with Addepar for client portal reporting alongside custodian portals (Fidelity, Charles Schwab, Pershing NetXInvestor). The firm has built $12B+ in private investment commitments since 2012, with $2B across 180+ direct co-investments.
SCS operates on a transparent AUM-based fee structure with no commissions, hidden markups, or fee-sharing arrangements, aligning firm economics with client outcomes. Go-to-market is relationship-driven enterprise field sales targeting families with $100M or more in net worth, supported by content marketing (thought leadership articles), podcast appearances, client events, and LinkedIn. Primary customer segments are multi-generational families, entrepreneurs and founders navigating liquidity events, and investment general partners managing concentrated personal positions. In January 2025, two Focus Network Firms (Focus Partners Family Office and OCIO) joined SCS, and in December 2025 the firm consolidated 49 hedge and private equity funds onto Ultimus Fund Solutions' administration platform.
SCS Financial firmographics
Firmographics- Name
- SCS Financial
- Legal name
- SCS Financial Services
- Website
- https://scsfinancial.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- SCS Financial is a Boston-based registered investment advisory firm serving approximately 500 ultra-high-net-worth families with an average $100M in assets. The firm offers integrated wealth advisory, investment management, and family office services across 11 U.S. offices as a division of Focus Partners.
- Ownership category
- akta.pro rank
SCS Financial industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH)
- akta.pro secondary industries
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH), Family Office Advisory (Single/Multi-Family) (FSAEAAAI)
Keywords
Where SCS Financial is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices11 records
Markets served
SCS Financial business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Assets Under Management (AUM) Fees: SCS operates on a transparent AUM-based fee structure where the firm's success is directly tied to client outcomes. The firm does not accept commissions, hidden markups, or fee-sharing arrangements with investment managers. They do not earn additional fees for asset class implementation, maintaining client alignment when determining allocation and investment strategy selection.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
SCS Financial product offering
Product offeringCore offering
SCS Financial is a multi-family office serving approximately 500 ultra-high-net-worth families (average client size of $100M) with $60B in total regulatory assets under management and advisement. The firm delivers three integrated core service areas: Wealth Advisory (trust and estate planning, family governance, next-generation education, insurance and philanthropic advisory), Investment Management (endowment-style institutional investing with access to traditional and alternative investments), and Family Office Services (consolidated reporting, cashflow planning, bill pay, and lifestyle management).
Product overview
SCS Financial is a multi-family office offering three integrated core service areas: Wealth Advisory, Investment Management, and Family Office Services. The Wealth Advisory practice provides holistic planning encompassing trust and estate planning, family governance, next-generation education through the Cultivating Capable Kids program, insurance advisory, and philanthropic guidance. Investment Management delivers endowment-style investing with access to both traditional and alternative investments including private equity, venture capital, and real assets. Family Office Services provides administrative infrastructure including consolidated reporting, cashflow planning, bill pay, and lifestyle management. These services are designed to work together as an integrated family office solution for ultra-high-net-worth clients.
Differentiator
Problem solved
Functional benefit
Products and services
- Wealth Advisory Holistic wealth planning services that help families align financial strategy with purpose, including trust and estate planning, family governance, next generation education, insurance advisory, philanthropic advisory, and fiduciary selection. Designed for ultra-high-net-worth families navigating multi-generational wealth.
- Investment Management Endowment-style investment management combining institutional rigor with family office care, providing access to traditional and alternative investments, strategic asset allocation, manager sourcing and research, and risk management. Includes $12B+ in private investment commitments and $2B in direct co-investments since 2012.
- Family Office Services Comprehensive family office infrastructure including family balance sheet management, consolidated reporting and analysis, cashflow planning, bill pay, outside advisor oversight, and lifestyle management. Supports ultra-high-net-worth families with administrative and operational needs.
- Cultivating Capable Kids Next-generation engagement program designed to build financial literacy and confidence in younger family members through experiential learning and age-appropriate responsibility. Part of the Wealth Advisory practice.
Quantifiable outcome
- 98% client retention rate (average annual retention rate as of December 31, 2025 since inception)
- +1 more outcomes
Companies that use SCS Financial
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
SCS Financial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
SCS Financial partnerships and signals
Strategic signalScale indicators10 records
Recent moves6 records
Expansion highlights5 records
SCS Financial competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
SCS Financial social profiles
Digital presenceSCS Financial financial estimates
Financial estimateRevenue estimate
Valuation estimate
SCS Financial leadership team
Management profileNumber of profiles
Profiles12 records
SCS Financial funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SCS Financial M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SCS Financial
What does SCS Financial do?
SCS Financial is a multi-family office serving approximately 500 ultra-high-net-worth families (average client size of $100M) with $60B in total regulatory assets under management and advisement. The firm delivers three integrated core service areas: Wealth Advisory (trust and estate planning, family governance, next-generation education, insurance and philanthropic advisory), Investment Management (endowment-style institutional investing with access to traditional and alternative investments), and Family Office Services (consolidated reporting, cashflow planning, bill pay, and lifestyle management).
Is SCS Financial a public or private company?
SCS Financial is a private company. It is classified as corporate owned and is currently operating.
When was SCS Financial founded?
SCS Financial was founded in 2002. It employs 101 to 250 people.
Where is SCS Financial based?
SCS Financial is headquartered in Boston, United States, in the North America region.
How does SCS Financial make money?
One revenue line is on record: assets Under Management (AUM) Fees.
Does SCS Financial have an API?
No public API is recorded for SCS Financial.
What industry is SCS Financial in?
SCS Financial's product category is Wealth Management. Its primary akta.pro industry code is FSAAACAH, Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite), with a secondary code of FSAEABAA, Registered Investment Advisor (RIA) Wealth Management. Its NAICS code is 523940 and its SIC code is 6282.