Newtown Square, PA Office

Concentric provides discretionary sub‑advisory portfolio management and model portfolio construction primarily to other registered investment advisers and financial institutions via Separately Managed Accounts (SMAs) and Unified Managed Accounts (UMAs), and in certain circumstances manages individual and family accounts directly. Its implementation capabilities include tax‑loss harvesting overlays, ESG overlays, factor tilts, direct indexing, and customized equity and fixed‑income portfolios.

The firm integrates quantitative portfolio‑optimization software and multi‑factor risk models with qualitative oversight to tailor accounts to each RIA’s objectives and constraints, with attention to tracking error and after‑tax outcomes. Concentric also offers specialized strategies — including a leveraged long/short tax‑aware strategy, customizable fixed‑income mandates, and third‑party model implementation — and discloses the use of AI and other technology alongside documented cybersecurity controls.

Concentric is notable among enterprise advisers for delivering the bulk of its services through sub‑advisory relationships, which results in a high client‑to‑advisor ratio (over 500 clients per advisory professional) and an emphasis on servicing other RIAs rather than only direct retail clients. The brochure also documents continuity with a predecessor advisory business dating to 2001 and describes a shared‑services and sub‑advisory relationship with Pathstone — including dual‑registered personnel and arrangements that can affect reported regulatory AUM.