SC&H Wealth is a doing business as name of SC&H Financial Advisors, Inc. (hereinafter referred to as
“SC&H”), an investment advisory firm offering a variety of advisory services customized to your individual
needs.
SC&H was founded in 1998. SC&H is owned by SC&H Group, Inc., our parent company. SC&H Group, Inc. is
owned by the SC&H Group, Inc. Employee Stock Ownership Plan, for the benefit of its employees.
SC&H also offers advisory services through the doing business as name of SC&H Core.
Throughout our history, the objective of SC&H has been to deliver independent tax, financial planning, and
investment advice to our clients. To meet these objectives, we have assembled a team of Certified Public
Accountants, CERTIFIED FINANCIAL PLANNER™ professionals, and other financial specialists in the areas of
income and estate tax planning and compliance, estate and trust administration, asset management, and
holistic financial planning. SC&H offers the following advisory services.
Financial Planning Services
SC&H will review your financial situation and make recommendations based on your current situation,
expectations, investment objectives, and investment time horizon. At the same time, your risk tolerance (or
ability to live comfortably with risk in association with investments) will be considered. A written plan may
then be presented to you, along with an outline of suggestions to improve your current financial situation,
as well as suggested steps to help you work toward your investment goals.
Financial planning may cover any or all of the following areas:
• Tax Planning, Compliance and Consulting Services
• Retirement Planning
• Education Funding
• Budget Analysis
• Net Worth Analysis
• “Windfall” Planning
• Asset Allocation
• Estate Planning (Including Tax and Liquidity Planning)
• Special Needs Planning
• Asset Management
• Life Insurance Needs Analysis
• Business Succession or Exit Planning
• Wealth Transfer Planning
• Other areas of importance
A client’s financial plan could include any or all of the areas listed above, depending on your personal
situation and needs. Upon request, other areas of concern to you or for which you may seek advice will be
reviewed by SC&H or outsourced to other experts for their review (only with your prior approval). The
financial plan may include specific financial and investment strategies as well as specific product
recommendations, including equity, fixed income, cash management and insurance products.
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Plans are based on your financial situation at the time and are based on financial information disclosed by
you to SC&H. You are advised that certain assumptions may be made with respect to interest and inflation
rates and use of past trends and performance of the market and economy. However, past performance is
no guarantee of future performance. SC&H cannot offer any guarantees or promises that your financial
goals and objectives will be met. Further, you must continue to review the plan and update the plan based
upon changes in your financial situation, goals, or objectives, or changes in the economy and financial
markets. Should your financial situation or investment goals or objectives change, you must notify SC&H
promptly of the changes. You are advised that the advice offered by SC&H may be limited and is not meant
to be comprehensive. Therefore, you may need to seek the services of other professionals such as an
insurance adviser, attorney and/or accountant.
You are not obligated to implement advice through SC&H or its representatives. Unless specifically agreed
in writing, neither SC&H nor its representatives are responsible to implement any financial plans or financial
planning advice; provide ongoing financial planning services; or provide ongoing monitoring of financial
plans or financial planning advice. However, you are always welcome to revisit the financial plan or financial
planning advice with SC&H, if desired. Clients retain absolute discretion over all financial planning and
related implementation decisions and are free to accept or reject any recommendation from SC&H and its
representatives in that respect. SC&H’s financial planning and consulting services are completed upon
communicating its recommendations to the client, upon delivery of the written financial plan, or upon
termination of the applicable agreement.
Clients may opt to only receive financial planning services. Clients that opt to receive asset management
services, as described below, will also be encouraged to participate in a financial planning process.
Asset Management Services
SC&H offers two options for asset management services: SC&H Wealth Management for clients that have
accumulated significant investment assets and SC&H Core for those clients that are still in the accumulating
stage of their life. Additionally, in certain circumstances SC&H may recommend the use of Third-Party
Managers.
SC&H Wealth Management
SC&HWealth Management services will be tailored to the client’s individual circumstances, as determined
and documented through the financial planning process. If the client has not received or does not desire to
receive SC&H’s financial planning services, as described above, they will be asked to provide SC&H with
information regarding their financial situation, investment objectives, time horizon, risk tolerance and
investment preferences, so as to inform SC&H’s investment management activities. SC&H analyzes each
client's circumstances and seeks to formulate an asset allocation strategy and build a diverse portfolio
allocated to short-term, intermediate-term and long-term investments consistent with the client’s objectives
and needs.
Unless otherwise expressly requested by you, SC&H will manage the account on a discretionary basis and
make changes to the allocation and portfolio of securities as deemed appropriate. SC&H will determine the
securities to be purchased and sold in the account and will alter the securities holdings from time to time,
without prior consultation with you. Typically, SC&H is a long-term holder of security positions in client
accounts, but we may on occasion actively trade securities and maintain positions for short periods of time.
There may be extended periods when SC&H determines that upon review, trades within a client’s portfolio
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are not prudent. Clients nonetheless remain subject to the fees described in Item 5 during periods of
portfolio trading inactivity. Discretionary authority will be granted by you to SC&H by execution of the Asset
Management Agreement. SC&H will monitor market conditions and the performance of your accounts and
reposition assets as needed.
If you elect to have your accounts managed on a non-discretionary basis, no changes will be made to the
allocation of your account without prior consultation with you and your expressed agreement. Therefore, if
SC&H would like to make a transaction for a client’s account (including removing a security that SC&H no
longer believes is appropriate or adding a security that SC&H believes is appropriate), and the client is
unavailable, SC&H will be unable to execute the account transactions (as it would for its discretionary
clients) without first obtaining the client’s consent. Affected clients may suffer investment losses or miss
potential investment gains as a result.
At least annually, we will review each client’s portfolio to determine if it remains consistent with their goals.
Such factors as life events, changes in resources and asset class returns over the course of the prior year will
determine to what extent your portfolio needs to be rebalanced.
Clients are advised that transactions in the account, account reallocations and rebalancing may trigger a
taxable event, with the exception of qualified retirement accounts or other tax-sheltered accounts.
SC&H Core
SC&H Core clients are generally in the accumulation stage of wealth management. SC&H seeks to analyze
each of these client’s financial circumstances at this stage and seeks to formulate an asset allocation strategy
consistent with their short, intermediate, and long-term investment and financial objectives, tax and other
cash flow needs. From this analysis SC&H will build a diversified portfolio allocation of short- term
investments, intermediate-term investments, and long-term investments consistent with the client's
objectives and goals.
SC&H Core clients will be assigned to a wealth advisory team and therefore their primary point of contact
may change from time to time. The wealth advisory team for SC&H Core clients will provide each client with
a financial plan using a technology platform unique to SC&H Core clients.
SC&H Core accounts will be managed on a discretionary basis, granted by you to SC&H by execution of the
Asset Management Agreement, and changes will be made to the allocation and portfolio of securities as
deemed appropriate. SC&H will determine the securities to be purchased and sold in the account and will
alter the securities holdings from time to time, without prior consultation with you. Typically, SC&H is a
long-term holder of security positions in client accounts, but we may on occasion actively trade securities
and maintain positions for short periods of time. There may be extended periods when SC&H determines
that upon review, trades within a client’s portfolio are not prudent. Clients nonetheless remain subject to the
fees described in Item 5 during periods of portfolio trading inactivity.
At least annually, we will review each account and financial plan with the client to determine if it remains
consistent with their goals. SC&H will monitor market conditions and the performance of the accounts and
reposition assets as needed. Such factors as life events,
changes in resources and asset class returns over
the course of the prior year will determine to what extent the portfolio needs to be rebalanced.
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Clients are advised that transactions in the account, account reallocations and rebalancing may trigger a
taxable event, with the exception of qualified retirement accounts or other tax-sheltered accounts. There
are no minimum annual fees for SC&H Core clients.
Recommendation of Third-Party Managers
SC&H’s advisory services may include referring clients to outside, or unaffiliated, third-party managers for
management of all, or a portion of, a client's account(s) if SC&H believes the third-party manager's services
would be suitable for the client. SC&H will assist the client in evaluating their financial situation and
determine the suitability of a third-party manager's service based on factors that include but are not limited to
investment objectives, risk tolerance, management style, performance, reputation, financial strength,
reporting, pricing, and research. SC&H will be available to answer questions the client may have regarding
their account and will act as the communication conduit between the client and the third-party manager.
On an ongoing basis SC&H will monitor and review the account and periodically meet with the client to
discuss the suitability and performance of the program.
As of the filing date of this brochure, the separately managed account program offered by Dimensional Fund
Advisors LP (“DFA SMA”) is the only third-party manager platform that SC&H is recommending for suitable
clients. The DFA SMA program offers clients access to several of Dimensional Fund Advisors LP’s
(“Dimensional”) U.S. or global strategies. The DFA SMA program allows clients to directly hold the equity
securities purchased by the various Dimensional strategies, rather than owning shares in a mutual fund or
ETF with the same strategy. Dimensional’s investment process integrates research with advanced portfolio
design and management. Their strategies target long-term drivers of stock returns through higher
weightings to stocks with smaller market capitalizations, lower relative prices, and higher profitability, while
pursuing broad diversification across names and sectors. Accounts in the DFA SMA program may also access
exchange-traded funds (“ETFs”) managed by Dimensional in order to gain broader diversification across
multiple asset classes. Additional advantages of the DFA SMA program include: clients have the ability to
restrict account holdings by security, industry, sector or country; clients may customize their account and
enable values-based decisions through a wide range of environmental, social and governance screens
curated by Dimensional; some clients may prefer to hold individual securities rather than mutual funds or
ETFs; and clients have access to customizable levels of tax management in the account as well as tax
transition analysis during the onboarding stage.
Under the DFA SMA program, SC&H has entered into a master agreement with Dimensional Fund Advisors
LP. When SC&H recommends the DFA SMA program to a client, and the client agrees with that
recommendation, the client will execute an Asset Management Agreement with SC&H. That agreement
grants SC&H with discretionary authority over the assets of the account, including the authority to utilize
third-party manager programs such as DFA SMA. As described in Item 5 of this brochure, clients that
participate in the DFA SMA program, or other third-party manager programs, will incur additional fees
payable to the third-party manager for the investment management services rendered.
You are advised that fees for third-party managed programs may be higher or lower than if you directly
obtained the services of the third-party manager or if you obtained advisory services separately. You should
read the third-party manager’s disclosure brochure for additional disclosure of its managed program. When
you engage with a recommended third-party manager, SC&H will not directly conduct any securities
transactions on your behalf or participate directly in the selection of the securities to be purchased or sold.
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Investment decisions are made by the third-party manager in accordance with the parameters of the
program.
Retirement Plan Consulting Services
SC&H offers retirement consulting services to employee benefit plans and their fiduciaries. The services are
designed to assist the plan sponsor in meeting its management and fiduciary obligations to the plan under
the Employee Retirement Income Security Act of 1974 (“ERISA”). Retirement consulting services will consist
of general or specific advice, and could include any one or more of the following:
• Platform Provider Search and Plan Set-up
• Strategic Planning and Investment Policy Development/Review
• Plan Review
• Plan Fee and Cost Review
• Acting as Third-Party Service Provider Liaison
• Assessment of Plan Investments and Investment Options
• Plan Participant Education and Communication
• Investment Advice to Participants
• Plan Benchmarking
• Plan Conversion to New Vendor Platform
• Assistance in Plan Merger
• Legislative and Regulatory Updates
• Plan Corrections
When SC&H performs any agreed upon service, SC&H will not be required to verify the accuracy or
consistency of any information received from the company or Plan Sponsor.
SC&H will serve in a non-discretionary ERISA fiduciary capacity with respect to some but not all the services
that we provide which will be further explained in the written agreement executed with the company or
plan sponsor.
Tax Preparation Services
SC&H offers federal and state tax return preparation services for both advisory and non-advisory clients.
The fees associated with these services are provided in Item 5 below.
General Information
The investment recommendations and advice offered by SC&H are not legal advice or accounting advice.
Clients should coordinate and discuss the impact of financial advice with their attorney and/or accountant.
It is necessary to inform SC&H promptly with respect to any changes in your financial situation and
investment goals and objectives. Failure to notify SC&H of any such changes could result in investment
recommendations not meeting your needs.
SC&H tailors the advisory services it offers to each client’s individual needs. You may impose restrictions
and/or limitations on investing in certain securities or types of securities. However, since SC&H typically
utilizes mutual funds and ETFs when providing asset management services, some types of restrictions (e.g.,
excluding certain issuers, industries, or sectors) may be difficult or impossible to implement. Clients are
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encouraged to discuss any restrictions or limitations they wish to impose with their Wealth Advisor. Clients
and prospective clients will be asked to furnish certain records and documents about their financial situation
for SC&H's review. Such documents may include, but are not limited to:
• Tax returns, W-2s, 1099s, etc.
• Information on current retirement plans
• Insurance benefits and policies
• Mortgage and real estate details
• Bank and financial statements
• Copies of wills and trusts
• Other applicable financial information required by SC&H to provide the investment advisory
services requested.
SC&H will review the gathered documents with the client and ask a series of questions to determine their
expectations, investment objectives, investment time horizon and risk tolerance. A formal questionnaire
may be used in conjunction with the interview process. The use of the questionnaire is at the discretion of
the Wealth Advisor. Based upon the above, the Wealth Advisor will work with the client to develop a
financial plan and investment strategy that shows how to potentially achieve their goals and objectives for
the future. Each client’s financial plan will vary based upon factors such as: the amount of information the
client shares with SC&H, current life stage, goals and retirement plans, amount of assets accumulated, time
horizon, risk tolerance, liquidity needs, and tax impacts of the strategy.
Non-Managed Courtesy Account Services
In some circumstances, SC&H may assist clients with investment accounts on a non-discretionary basis that
fall outside the scope of our regular asset management services and which are not subject to our regular
asset management fees. Examples of such accounts may include but are not limited to: charitable donor
advised funds; accounts opened for the benefit of clients’ children or relatives such as 529 accounts,
Coverdell Education Savings accounts or UTMA accounts; accounts with small balances; accounts whose
assets must be held at a custodian which does not have a relationship with SC&H (collectively hereafter
referred to as “Courtesy Accounts”). Depending on the type of account SC&H may provide assistance to the
client which may include: facilitate the opening and maintenance of the account, including transfers of
securities and cash or cash equivalents, as directed by client; suggest appropriate funding levels; review
available investment options and suggest appropriate allocations; or execute trades in the account when
we have the ability and authority to do so. Any trades placed by SC&H in Courtesy Accounts will be solely
on a non-discretionary basis, after conferring with or as requested by the client.
SC&H does not participate in any wrap fee programs.
As of December 31, 2023, SC&H provides continuous management services for $904,914,928 in client assets
on a discretionary basis, and $4,008,550 in client assets on a non-discretionary basis.
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