Item 1: Cover Page Part 2A of Form ADV: Firm Brochure July ......Item 1: Cover Page Part 2A of Form ADV: Firm Brochure July 2020 1000 Continental Drive, Suite 560 King of Prussia,

Item 1: Cover Page Part 2A of Form ADV: Firm Brochure

July 2020

1000 Continental Drive, Suite 560 King of Prussia, PA 19406

www.ConcentusWealth.com

Firm Contact: Paul Strid

Chief Compliance Officer This brochure provides information about the qualifications and business practices of Concentus Wealth Advisors. If you have any questions about the contents of this brochure, please contact us by telephone at (610) 994-9190 or toll free at (855) 568-1500. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any State Securities Authority. Additional information about Concentus Wealth Advisors also is available on the SEC’s website at www.adviserinfo.sec.gov by searching CRD# 170052. Please note that the use of the term “registered investment adviser” and description of Concentus Wealth Advisors and/or our associates as “registered” does not imply a certain level of skill or training. You are encouraged to review this Brochure and Brochure Supplements for our firm’s associates who advise you for more information on the qualifications of our firm and our employees.

http://www.consentuswealth.com/

http://www.adviserinfo.sec.gov/

ADV Part 2A – Firm Brochure Page 2 Concentus Wealth Advisors

Item 2: Material Changes to Our Part 2A of Form ADV: Firm Brochure

Concentus Wealth Advisors (“CWA”) is required to advise you of any material changes to the Firm Brochure (“Brochure”) from our last annual update. Since our last annual amendment filed on 3/16/2020, our firm has obtained financial assistance by participating in Paycheck Protection Program (“PPP”) established by the U.S. Small Business Administration (“SBA”). PPP is intended to assist us with maintaining our firm’s business in response to the COVID-19 pandemic by providing low-interest loans for business essentials such as payroll expenses. These loans are eligible for forgiveness, but it is not guaranteed as it will be based on factors such as staff retention and being used for payroll or firm overhead.


Item 3: Table of Contents

Item 1: Cover Page .................................................................................................................................................................. 1 Item 2: Material Changes to Our Part 2A of Form ADV: Firm Brochure ........................................................... 2 Item 3: Table of Contents ..................................................................................................................................................... 3 Item 4: Advisory Business.................................................................................................................................................... 4 Item 5: Fees & Compensation ............................................................................................................................................. 8 Item 6: Performance-Based Fees & Side-By-Side Management ......................................................................... 10 Item 7: Types of Clients & Account Requirements .................................................................................................. 10 Item 8: Methods of Analysis, Investment Strategies & Risk of Loss ................................................................. 11 Item 9: Disciplinary Information..................................................................................................................................... 11 Item 10: Other Financial Industry Activities & Affiliations .................................................................................. 11 Item 11: Code of Ethics, Participation or Interest in ............................................................................................... 12 Client Transactions & Personal Trading ...................................................................................................................... 12 Item 12: Brokerage Practices ........................................................................................................................................... 13 Item 13: Review of Accounts or Financial Plans ....................................................................................................... 15 Item 14: Client Referrals & Other Compensation ..................................................................................................... 16 Item 15: Custody .................................................................................................................................................................... 18 Item 16: Investment Discretion ....................................................................................................................................... 19 Item 17: Voting Client Securities ..................................................................................................................................... 19 Item 18: Financial Information ........................................................................................................................................ 19


Item 4: Advisory Business

We are dedicated to providing individuals and other types of clients with a wide array of investment advisory services. Our firm is a limited liability company formed in the State of Pennsylvania. Our firm has been in business as an investment adviser since 2014 and is equally owned by Paul Strid and Erik Strid.

We specialize in the following types of services: Investment Management, Ongoing Guidance, Financial Planning & Consulting and Separately Managed Accounts.

Advisory Services We Offer

Investment Management Services We emphasize continuous and regular account supervision. As part of our investment management service, we generally create a portfolio, consisting of individual stocks or bonds, exchange traded funds (“ETFs”), options, mutual funds and other public and private securities or investments. The client’s individual investment strategy is tailored to their specific needs and may include some or all of the previously mentioned securities. Each portfolio will be initially designed to meet a particular investment goal, which we determine to be suitable to the client’s circumstances. Once the appropriate portfolio has been determined, we review the portfolio at least quarterly and if necessary, rebalance the portfolio based upon the client’s individual needs, stated goals and objectives. Each client has the opportunity to place reasonable restrictions on the types of investments to be held in the portfolio. Ongoing Guidance/Planning In conjunction with our investment management service clients have the option to choose from the following tiers of ongoing guidance and planning: Investor Services (IS) IS clients receive the following services:

• Investment Strategy outline & Written Investment Plan • Monte Carlo scenario analysis • Bi-annual contact with associate level lead advisor • Annual milestone meetings and check-up calls

Premier Services (PS) PS clients receive the following services:

• Investment Strategy outline & Written Investment Plan • Monte Carlo scenario analysis • Planning modules • Quarterly contact with director level lead advisor • Bi-annual milestone meetings and check-up calls


Private Wealth Management (PWM) PWM clients receive the following services:

• Investment Strategy outline & Written Investment Plan • Custom Monte Carlo scenario analysis • Planning modules • Financial reporting and balance sheet creation • Monthly contact with director level lead advisor • Quarterly milestone meetings and check-up calls • Annual service evaluation call with firm principal • Customized full menu of planning deliverables

Family Office (FO) FO clients receive the following service:

• Investment Strategy outline & Written Investment Plan • Customized Monte Carlo analysis with multiple scenarios • Customized planning modules • Customized financial reporting and balance sheet creation • Estate plan flow chart • Monthly contact with principal level lead advisor • Quarterly milestone meetings and check-up calls • Annual service evaluation with firm principal • Customized full menu of planning deliverables

Financial Planning & Consulting:

We provide a variety of financial planning and consulting services to individuals, families and other clients regarding the management of their financial resources based upon an analysis of the client’s current situation, goals, and objectives. Generally, such financial planning services will involve preparing a financial plan or rendering a financial consultation for clients based on the client’s financial goals and objectives. This planning or consulting may encompass one or more of the following areas: Investment Planning, Retirement Planning, Estate Planning, Charitable Planning, Education Planning, Corporate and Personal Tax Planning, Cost Segregation Study, Corporate Structure, Real Estate Analysis, Mortgage/Debt Analysis, Insurance Analysis, Lines of Credit Evaluation, Business and Personal Financial Planning. Our written financial plans or financial consultations rendered to clients usually include general recommendations for a course of activity or specific actions to be taken by the clients. For example, recommendations may be made that the clients begin or revise investment programs, create or revise wills or trusts, obtain or revise insurance coverage, commence or alter retirement savings, or establish education or charitable giving programs. It should also be noted that we refer clients to an accountant, attorney or other specialist, as necessary for non-advisory related services.


For written financial planning engagements, we provide our clients with a written summary of their financial situation, observations, and recommendations. For financial consulting engagements, we may or may not provide our clients with a written summary of our observations and recommendations as the process is less formal than our planning service; this will generally depend on the complexity of work done. Plans or consultations are typically completed within six (6) months of the client signing a contract with us, assuming that all the information and documents we request from the client are provided to us promptly. Implementation of the recommendations will be at the discretion of the client. Separately Managed Account Services:

We offer access to an actively managed investment portfolio of independent investment managers and/or investment programs (collectively “Independent Managers”), through our agreement with Dynasty Capital Management, Inc., a financial services firm. For all Programs, Client and CWA compile pertinent financial and demographic information to develop an investment program that will meet the Client’s goals and objectives. Utilizing the platform tools, Client assets will be allocated among the different options in the Program and determine the suitability of the asset allocation and investment options for each Client, based on the Client’s needs and objectives, investment time horizon, risk tolerance and any other pertinent factors. Unlike a mutual fund, where the funds are commingled, a separately managed account is a portfolio of individually owned securities that can be tailored to fit the Client’s investing preferences. For Clients selecting Independent Managers, Client authorizes us to hire and delegate the active discretionary management of all or part of the Assets to one or more Independent Managers based upon your stated investment objectives without prior consultation with you and without your prior consent. The Independent Managers will have limited power-of-attorney and trading authority over those Assets we direct to them for management. They will be authorized to buy, sell and trade in accordance with your investment needs and to give instructions, related to their authority, to the broker-dealer and the custodian of your Assets. Such Independent Managers shall have authority to further delegate such discretionary investment authority to additional Investment Managers on terms and conditions deemed appropriate. Dynasty’s Investment Management Platform: We have entered into a contractual relationship with Dynasty Financial Partners, LLC (“Dynasty”), which provides our firm with operational and back office support including access to a network of service providers. Through the Dynasty network of service providers, we may receive preferred pricing on trading technology, reporting, custody, brokerage, compliance and other related services. Dynasty charges a “Platform Fee,” for which, unless otherwise disclosed, the client will be charged, separate from and in addition to such client’s annual investment management fee, as described in Item 5 below. In addition, Dynasty’s subsidiary, Dynasty Wealth Management, LLC (“DWM”) is an SEC registered investment adviser, that provides access to a range of investment services including: separately managed accounts (“SMA”), mutual fund and ETF asset allocation strategies, and unified managed accounts (“UMA”) managed by external third party managers (collectively, the “Investment Programs”). Our firm and our clients may separately engage the services of Dynasty and/or its subsidiaries to access the Investment Programs. Under the SMA and UMA programs, we will maintain the ability to select the specific, underlying third party managers that will, in turn, have day-to-day discretionary trading authority over the requisite client assets.


DWM sponsors an investment management platform (the “Platform” or the “TAMP") that is available to the advisers in the Dynasty Network, including our firm. Through the Platform, DWM and Dynasty collectively provide certain technology, administrative, operations and advisory support services that allow advisers to manage their own portfolios and access independent third-party managers that provide discretionary services in the form of traditional managed accounts and investment models. Advisers can allocate all or a portion of client assets among the different independent third-party managers via the Platform. Advisers may also use the model management feature of the TAMP by creating their own asset allocation model and underlying investments that comprise the model. Through the model management feature, advisers may be able to outsource the implementation of trade orders and periodic rebalancing of the model when needed. Our firm will maintain the direct contractual relationship with each client and obtain, through such agreements, the authority to engage independent third-party managers, DWM and/or Dynasty, as applicable, for services rendered through the Platform in service of such client. we may delegate discretionary trading authority to DWM and/or independent third-party managers to effect investment and reinvestment of client assets with the ability to buy, sell or otherwise effect investment transactions and allocate client assets. If a client is participating in certain Investment Programs, DWM or the designated manager, as applicable, is also authorized without prior consultation of our firm or the client to buy, sell, trade or allocate such client’s assets in accordance with the client’s designated portfolio and to deliver instructions to the designated broker-dealer and/or custodian of such client’s assets. Tailoring of Advisory Services

We offer individualized investment advice to clients utilizing our Ongoing Guidance Services. Additionally, we offer general investment advice to clients utilizing our Financial Planning & Consulting services. Each client has the opportunity to place reasonable restrictions on the types of investments to be held in the portfolio. Restrictions on investments in certain securities or types of securities may not be possible due to the level of difficulty this would entail in managing the account. Restrictions would be limited to our Investment Management service. We do not manage assets through our other services.

Participation in Wrap Fee Programs

Our wrap fee programs are described in Part 2A, Appendix 1 (the “Wrap Fee Program Brochure”) of our Brochure. Please note that we do not offer our wrap fee program to new clients as of 01/01/2017. Our wrap fee and non-wrap fee accounts are managed on an individualized basis according to the client’s investment objectives, financial goals, risk tolerance, etc. We do not manage wrap fee accounts in a different fashion than non-wrap fee accounts. As further described in our Wrap Fee Program Brochure, we receive a portion of the wrap fee for our services.

Assets Under Management

We manage $561,710,000 on a discretionary basis and $21,400,000 on a non-discretionary basis as of December 31st, 2019. Our total assets under management is $583,110,000.


Item 5: Fees & Compensation

How We Are Compensated for Our Advisory Services

Investment Management Clients who are enrolled in Investment Management Services and elect to participate in our Ongoing Guidance Service will have fees deducted from their managed accounts according to the following fee schedule:

Assets Under Management Annual Percentage of Assets Charge First $5 Million 0.60% Next $5 Million 0.50%

Clients who are enrolled in only Investment Management Services and do not elect to participate in our Ongoing Guidance Service will have fees deducted from their managed accounts according to the following fee schedule:

Assets Under Management Annual Percentage of Assets Charge First $2.5 Million 0.70% Next $2.5 Million 0.60% Above $5 Million 0.50%

The minimum annual fee for investment management services is $5,000. Legacy clients will be subject to the advisory fees disclosed in their signed advisory agreement, which may be up to 1.50% of their assets under management. Our firm’s fees are billed on a pro-rata annualized basis quarterly in advance based on the value of the account(s) on the last day of the previous quarter or monthly in arrears calculated using the average daily balance. The specific billing arrangement will be detailed in the signed client agreement. Fees are negotiable. Fees will be deducted from your managed account. As part of this process, you understand and acknowledge the following: a) Your independent custodian sends statements at least quarterly to you showing the market

values for each security included in the Assets and all disbursements in your account including the amount of the advisory fees paid;

b) We utilize third party service providers to calculate the advisory fees for all fee schedules and deduct them from your account;

c) You provide authorization permitting CWA, Independent Managers and CWA’s third party service providers to be paid by these terms; and

d) If we send a copy of our invoice to you, our invoice includes a legend urging the comparison of information provided in our statement with those from the independent custodian.

Ongoing Guidance

Service Level Fee Range* Investor Services (IS) $5,000 Premier Services (PS) to

Private Wealth Management (PWM) $35,000 Family Office (FO) Custom


Ongoing Guidance fees are billed on a pro-rata annualized basis quarterly in advance based on the value of the account(s) on the last day of the previous quarter. Fees will be deducted directly from your managed account in quarterly instalments. *Additional fees may be incurred depending on the scope and complexity of the client engagement and disclosed in the executed advisory agreement. Dynasty’s TAMP As discussed above, our firm uses Dynasty’s TAMP services. TAMP related charges are not included in the investment management fee you pay to us. You will be charged, separate from and in addition to your investment management fee, any applicable Platform Fees as well as applicable independent manager fees. Our firm does not receive any portion of the fees paid directly to Dynasty or the service providers made available through its platform, including the independent managers. Each of the Platform Fee and independent manager fees are determined by the particular program(s) and manager(s) with which your assets are invested and are calculated based upon a percentage of your assets under management, as applicable. The Platform Fee generally ranges from 0 – 0.45% annually, independent fixed income manager fees generally range from 0 – 0.90% annually, and independent equity manager fees generally range from 0 – 1.50% annually. You will note the total fee reflected on your custodial statement will represent the sum of our firm’s investment management fee, Platform Fee(s), and independent manager fee(s), accordingly. You should review such statements to determine the total amount of fees associated with your requisite investments, and you should review your investment management agreement with our firm to determine the investment management fee you pay to us. Financial Planning & Consulting We charge a minimum flat fee of $5,000 for financial planning and consulting services. The total estimated fee, as well as the ultimate fee that we charge you, is based on the scope and complexity of our engagement with you. This fee may be waived or refunded if the client elects to engage us for additional advisory services. We may require a retainer of fifty-percent (50%) of the ultimate financial planning or consulting fee with the remainder of the fee directly billed to you and due to us within thirty (30) days of your financial plan being delivered or consultation rendered to you. In all cases, we will not require a retainer exceeding $1,200 when services cannot be rendered within 6 (six) months. Other Fees: Non-Wrap fee Clients will incur transaction charges for trades executed in their accounts. Please note that wrap advisory services are not offered to new clients. These transaction fees are separate from our fees and will be disclosed by the firm that the trades are executed through. Also, clients will pay the following separately incurred expenses, which we do not receive any part of: charges imposed directly by a mutual fund, index fund, or exchange traded fund which shall be disclosed in the fund’s prospectus (i.e., fund management fees and other fund expenses).


Wrap fee clients will receive our Form ADV, Part 2A, Appendix 1 (the “Wrap Fee Program Brochure”). Wrap fee clients will not incur transaction costs for trades. More information about this is disclosed in our separate Wrap Fee Program Brochure. Refunds Following Termination

We charge our advisory fees quarterly in advance or monthly in arrears. In the event that you wish to terminate our services, we will refund the unearned portion of our advisory fee to you. You need to contact us in writing and state that you wish to terminate our services. Upon receipt of your letter of termination, we will proceed to close out your account and process a pro-rata refund of unearned advisory fees. Commissionable Securities Sales

In order to sell securities for a commission, our supervised persons are registered representatives of Purshe Kaplan Sterling Investments, Inc. (“PKS”), a registered broker-dealer and Member FINRA/SIPC. Our supervised persons may accept compensation for the sale of securities or other investment products, including distribution or service (“trail”) fees from the sale of mutual funds. You should be aware that the practice of accepting commissions for the sale of securities:

1. Presents a conflict of interest and gives our firm and/or our supervised persons an incentive to recommend investment products based on the compensation received, rather than on your needs. We generally address commissionable sales conflicts that arise when explaining to clients that commissionable securities sales creates an incentive to recommend products based on the compensation we and/or our supervised persons may earn and may not necessarily be in the best interests of the client or when recommending commissionable mutual funds, explaining that “no-load” funds are also available.

2. In no way prohibits you from purchasing investment products recommended by us through other brokers or agents which are not affiliated with us.

Item 6: Performance-Based Fees & Side-By-Side Management

We do not accept performance-based fees.

Item 7: Types of Clients & Account Requirements

We have the following types of clients:

• Individuals and High Net Worth Individuals; • Trusts, Estates or Charitable Organizations; • Pension and Profit Sharing Plans; and • Corporations, Limited Liability Companies and/or Other Business Types

We impose the following requirement(s) to open or maintain an account:

• There are no minimum requirements for opening an account with us however clients will be charged a minimum fee of $5,000 for investment management services.


Item 8: Methods of Analysis, Investment Strategies & Risk of Loss

Methods of Analysis

We use the following methods of analysis in formulating our investment advice and/or managing client assets:

• Charting; • Cyclical Analysis; • Fundamental Analysis; and • Technical Analysis.

Investment Strategies

We use the following strategies in managing client accounts, provided that such strategies are appropriate to the needs of the client and consistent with the client's investment objectives, risk tolerance, and time horizons, among other considerations.

• Long Term Purchases (Securities Held At Least a Year); • Short Term Purchases (Securities Sold Within a Year); • Trading (Securities Sold Within 30 Days); • Option Writing; and

Risk of Loss: Investing in securities involves risk of loss that clients should be prepared to bear. While the stock market may increase and your account(s) could enjoy a gain, it is also possible that the stock market may decrease and your account(s) could suffer a loss. It is important that you understand the risks associated with investing in the stock market, are appropriately diversified in your investments, and ask us any questions you may have.

Item 9: Disciplinary Information

There are no legal or disciplinary events that are material to the evaluation of our advisory business or the integrity of our management.

Item 10: Other Financial Industry Activities & Affiliations

Dynasty Financial Partners, LLC Our firm maintains a business relationship with Dynasty Financial Partners, LLC (“Dynasty”). Dynasty offers operational and back office core service support including access to a network of service providers. Through the Dynasty network of service providers, we may receive preferred pricing on trading technology, transition support, reporting, custody, brokerage, compliance, and other related consulting services. While we believe this open architecture structure for operational services best serves the interests of our clients, this relationship may potentially present certain conflicts of interest due to the fact that Dynasty is paid by us or our clients for the services referenced above. In light of the foregoing,


we seek at all times to ensure that any material conflicts are addressed on a fully-disclosed basis and handled in a manner that is aligned with our clients’ best interests. We do not receive any portion of the fees paid directly to Dynasty, its affiliates, or the service providers made available through Dynasty’s platform. In addition, our firm reviews such relationships, including the service providers engaged through Dynasty, on a periodic basis in an effort to ensure clients are receiving competitive rates in relation to the quality and scope of the services provided. Purshe Kaplan Sterling Investments, Inc. Representatives of our firm are registered representatives of PKS, member FINRA/SIPC. They may offer securities and receive normal and customary commissions as a result of securities transactions. A conflict of interest may arise as these commissionable securities sales may create an incentive to recommend products based on the compensation they may earn and may not necessarily be in the best interests of the client.

Item 11: Code of Ethics, Participation or Interest in Client Transactions & Personal Trading

We recognize that the personal investment transactions of members and employees of our firm demand the application of a high Code of Ethics and require that all such transactions be carried out in a way that does not endanger the interest of any client. At the same time, we believe that if investment goals are similar for clients and for members and employees of our firm, it is logical and even desirable that there be common ownership of some securities.

Therefore, in order to prevent conflicts of interest, we have in place a set of procedures (including a pre-clearing procedure) with respect to transactions effected by our members, officers and employees for their personal accounts1. In order to monitor compliance with our personal trading policy, we have a quarterly securities transaction reporting system for all of our associates. Furthermore, our firm has established a Code of Ethics which applies to all of our associated persons. An investment adviser is considered a fiduciary. As a fiduciary, it is an investment adviser’s responsibility to provide fair and full disclosure of all material facts and to act solely in the best interest of each of our clients at all times. We have a fiduciary duty to all clients. Our fiduciary duty is considered the core underlying principle for our Code of Ethics which also includes Insider Trading and Personal Securities Transactions Policies and Procedures. We require all of our supervised persons to conduct business with the highest level of ethical standards and to comply with all federal and state securities laws at all times. Upon employment or affiliation and at least annually thereafter, all supervised persons will sign an acknowledgement that they have read, understand, and agree to comply with our Code of Ethics. Our firm and supervised persons must conduct business in an honest, ethical, and fair manner and avoid all circumstances that might negatively affect or appear to affect our duty of complete loyalty to all clients. This disclosure is

1 For purposes of the policy, our associate’s personal account generally includes any account (a) in the name of our associate, his/her spouse, his/her minor children or other dependents residing in the same household, (b) for which our associate is a trustee or executor, or (c) which our associate controls, including our client accounts which our associate controls and/or a member of his/her household has a direct or indirect beneficial interest in.


provided to give all clients a summary of our Code of Ethics. However, if a client or a potential client wishes to review our Code of Ethics in its entirety, a copy will be provided promptly upon request.

Neither our firm nor a related person recommends to clients, or buys or sells for client accounts, securities in which our firm or a related person has a material financial interest.

Related persons of our firm may buy or sell securities and other investments that are also recommended to clients. In order to minimize this conflict of interest, our related persons will place client interests ahead of their own interests and adhere to our firm’s Code of Ethics, a copy of which is available upon request.

Related persons of our firm may buy or sell securities for themselves at or about the same time they buy or sell the same securities for client accounts. In order to minimize this conflict of interest, our related persons will place client interests ahead of their own interests and adhere to our firm’s Code of Ethics, a copy of which is available upon request. Further, our related persons will refrain from buying or selling the same securities within 24 hours prior to buying or selling for our clients. If related persons’ accounts are included in a block trade, our related persons will always trade personal accounts last.

Item 12: Brokerage Practices

Selecting a Brokerage Firm

We seek to recommend a custodian/broker who will hold your assets and execute transactions on terms that are overall most advantageous when compared to other available providers and their services. We consider a wide range of factors, including, among others, these:

• Ability to maintain the confidentiality of trading intentions • Timeliness of execution • Timeliness and accuracy of trade confirmations • Liquidity of the securities traded • Willingness to commit capital • Ability to place trades in difficult market environments • Research services provided • Ability to provide investment ideas • Execution facilitation services provided • Record keeping services provided • Custody services provided • Frequency and correction of trading errors • Ability to access a variety of market venues • Expertise as it relates to specific securities • Financial condition • Business reputation

With this in consideration, our firm has an arrangement with Charles Schwab & Co., Inc. (“Schwab”). Schwab offers to independent investment advisers non-soft dollar services which include custody of securities, trade execution, clearance and settlement of transactions. We receive some non-soft dollar


benefits from Schwab through our participation in the program. Please see the disclosure under Item 14 of this Brochure.

Schwab may make certain research and brokerage services available at no additional cost to our firm. These services may be directly from independent research companies, as selected by our firm (within specific parameters). Research products and services provided by Schwab may include research reports on recommendations or other information about, particular companies or industries; economic surveys, data and analyses; financial publications; portfolio evaluation services; financial database software and services; computerized news and pricing services; quotation equipment for use in running software used in investment decision-making; and other products or services that provide lawful and appropriate assistance by Schwab to our firm in the performance of our investment decision-making responsibilities.

We do not use client brokerage commissions to obtain research or other products or services. The aforementioned research and brokerage services are used by our firm to manage accounts for which we have investment discretion. Without this arrangement, our firm might be compelled to purchase the same or similar services at our own expense. As a result of receiving these services, we may have an incentive to continue to use or expand the use of Schwab services. Our firm examined this potential conflict of interest when we chose to enter into the relationship with Schwab and we have determined that the relationship is in the best interest of our firm’s clients and satisfies our fiduciary obligations, including our duty to seek best execution.

Schwab charges brokerage commissions and transaction fees for effecting certain securities transactions (i.e., transaction fees are charged for certain no-load mutual funds and commissions are charged debt securities transactions). Schwab does not charge transaction fees for U.S. listed equities and exchange traded funds. Schwab enables us to obtain many no-load mutual funds without transaction charges and other no-load funds at nominal transaction charges. Schwab commission rates are generally discounted from customary retail commission rates. However, the commission and transaction fees charged by Schwab may be higher or lower than those charged by other custodians and broker-dealers.

Our non-wrap fee program clients may pay a commission to Schwab that is higher than another qualified broker dealer might charge to effect the same transaction where we determine in good faith that the commission is reasonable in relation to the value of the brokerage and research services received In seeking best execution, the determinative factor is not the lowest possible cost, but whether the transaction represents the best qualitative execution, taking into consideration the full range of a broker-dealer’s services, including the value of research provided, execution capability, commission rates, and responsiveness. Accordingly, although we will seek competitive rates, to the benefit of all clients, we may not necessarily obtain the lowest possible commission rates for specific client account transactions. Soft Dollars

Investment research products and services that may be obtained by our firm will generally be used to service all of our clients, a brokerage commission paid by a specific client may be used to pay for research that is not used in managing that specific client’s account.


Our firm has accepted products or services that do not qualify for Safe Harbor outlined in Section 28(e) of the Securities Exchange Act of 1934, such as those services that do not aid in investment decision-making or trade execution. Please see Item 14 for details.

Client Brokerage Commissions

We do not acquire client brokerage commissions (or markups or markdowns).

Procedures to Direct Client Transactions in Return for Soft Dollars

We do not direct client transactions to a particular broker-dealer in return for soft dollar benefits. Brokerage for Client Referrals

Our firm does not receive brokerage for client referrals.

Directed Brokerage

Neither we nor any of our firm’s related persons have discretionary authority in making the determination of the brokers with whom orders for the purchase or sale of securities are placed for execution, and the commission rates at which such securities transactions are effected. We routinely recommend that a client directs us to execute through a specified broker-dealer. Our firm recommends the use of Schwab. Each client will be required to establish their account(s) with Schwab if not already done. Please note that not all advisers have this requirement.

Special Considerations for ERISA Clients

A retirement or ERISA plan client may direct all or part of portfolio transactions for its account through a specific broker or dealer in order to obtain goods or services on behalf of the plan. Such direction is permitted provided that the goods and services provided are reasonable expenses of the plan incurred in the ordinary course of its business for which it otherwise would be obligated and empowered to pay. ERISA prohibits directed brokerage arrangements when the goods or services purchased are not for the exclusive benefit of the plan. Consequently, we will request that plan sponsors who direct plan brokerage provide us with a letter documenting that this arrangement will be for the exclusive benefit of the plan. Aggregation of Purchase or Sale

We do not aggregate the purchase or sale of securities for various client accounts but rather review accounts independently and place transactions accordingly. Whether or not securities are purchased or sold at approximately the same time, all client transactions will incur individual transaction fees. Whether or not we aggregate our orders, Schwab does bunch orders. The advantage of bunching is that orders are handled in a way that may mitigate market impact, when applicable and possible. If orders are bunched, each client gets the same average execution price.

Item 13: Review of Accounts or Financial Plans

We review accounts on at least an annual basis for our clients subscribing to our Investment Management services. The nature of these reviews is to learn whether clients’ accounts are in line


with their investment objectives, appropriately positioned based on market conditions, and investment policies, if applicable. Only our Financial Advisors or Portfolio Managers will conduct reviews. We provide written and verbal reports to clients on at least an annual basis to Investment Management clients. We may review client accounts more frequently than described above. Among the factors which may trigger an off-cycle review are major market or economic events, the client’s life events, requests by the client, etc. Financial Planning clients do not receive reviews of their written plans unless they take action to schedule a financial consultation with us. We do not provide ongoing services to financial planning clients, but are willing to meet with such clients upon their request to discuss updates to their plans, changes in their circumstances, etc. Financial Planning clients do not receive written or verbal updated reports regarding their financial plans unless they separately contract with us for a post-financial plan meeting or update to their initial written financial plan.

Item 14: Client Referrals & Other Compensation

Charles Schwab & Co., Inc.

Our firm may recommend that clients establish brokerage accounts with Schwab Institutional division of Charles Schwab & Co., Inc. (“Schwab”), registered broker-dealers, Members SIPC, to maintain custody of Clients’ assets and to effect trades for their accounts. Our firm is independently owned and operated and not affiliated with Schwab. Our firm may also recommend that Clients establish accounts with firms other than Schwab.

Our firm places trades for its Clients' accounts subject to its duty to seek best execution and its other fiduciary duties. Our firm may use broker-dealers other than Schwab to execute trades for client accounts maintained at Schwab, but this practice may result in additional costs to clients so that we are more likely to place trades through Schwab rather than other broker-dealers. Schwab's execution quality may be different than other broker-dealers. For our client accounts maintained in its custody, Schwab generally does not charge separately for custody services but is compensated by account holders through commissions or other transaction-related or asset-based fees for securities trades that are executed through Schwab or that settle into Schwab accounts.

Some of the products, services and other benefits provided by Schwab benefit us and may not benefit our firm's client accounts. Our recommendation/requirement that a client place assets in Schwab's custody may be based in part on benefits Schwab provides to us, and not solely on the nature, cost or quality of custody and execution services provided by Schwab. Schwab also makes available to our firm other products and services that benefit us but may not benefit clients’ accounts. These benefits may include national, regional or specific to our firm, educational events organized and/or sponsored by Schwab Institutional. Other potential benefits may include occasional business entertainment of personnel of our firm by Schwab Institutional


personnel, including meals, invitations to sporting events, including golf tournaments, and other forms of entertainment, some of which may accompany educational opportunities. Other of these products and services assist us in managing and administering clients’ accounts. These include software and other technology (and related technological training) that provide access to client account data (such as trade confirmations and account statements), facilitate trade execution (and allocation of aggregated trade orders for multiple client accounts), provide research, pricing information and other market data, facilitate payment of our fees from its clients’ accounts, and assist with back-office training and support functions, recordkeeping and client reporting. Many of these services generally may be used to service all or some substantial number of our firm’s accounts, including accounts not maintained at Schwab Institutional. Schwab Institutional also makes available to us other services intended to help our firm manage and further develop its business enterprise. These services may include professional compliance, legal and business consulting, publications and conferences on practice management, information technology, business succession, regulatory compliance, employee benefits providers, human capital consultants, insurance and marketing. Schwab has provided transition assistance to help offset the costs of Salesforce, our client relationship manager, and the creation of a digital marketing dashboard. In addition, Schwab may make available, arrange and/or pay vendors for these types of services rendered to our firm by independent third parties. Schwab Institutional may discount or waive fees it would otherwise charge for some of these services or pay all or a part of the fees of a third-party providing these services to us. While, as a fiduciary, Our firm endeavors to act in its clients’ best interests, our recommendation/requirement that clients maintain their assets in accounts at Schwab may be based in part on the benefit to our firm of the availability of some of the foregoing products and services and other arrangements and not solely on the nature, cost or quality of custody and brokerage services provided by Schwab, which may create a potential conflict of interest.

But for soft dollar arrangements, we would have to obtain the aforementioned services and products for cash. As a result of receiving such products and services for no cost, we may have an incentive to continue to place Client trades through broker-dealers that offer soft dollar arrangements. This interest conflicts with the Clients' interest of obtaining the lowest commission rate available. Therefore, our firm must determine in good faith, based on the “best execution” policy stated above that such commissions are reasonable in relation to the value of the services provided by such executing broker-dealers.

From time-to-time our firm may make an error in submitting a trade order on a client’s behalf. When this occurs, we may place a correcting trade with the broker-dealer which has custody of the client’s account. If an investment gain results from the correcting trade, the gain will remain in the client’s account unless the same error involved other client account(s) that should have received the gain, it is not permissible for the client to retain the gain, or our firm confers with the client and the client decides to forego the gain (e.g., due to tax reasons). If the gain does not remain in the client’s account and Schwab is the custodian, Schwab will donate the amount of any gain $100 and over to charity. If a loss occurs greater than $100, we will pay for the loss. Schwab will maintain the loss or gain (if such gain is not retained in the client’s account) if it is under $100 to minimize and offset its administrative time and expense.


Referral Fees

We do not pay referral fees (non-commission based) to independent solicitors (non-registered representatives) for the referral of their clients to our firm in accordance with Rule 206 (4)-3 of the Investment Advisers Act of 1940.

Item 15: Custody

Client Online Account Credentials: Our firm is deemed to have custody in certain cases as a result of possession of client online account login credentials. The client funds and securities of which our firm has custody are verified by actual examination at least once during each calendar year by an independent public accountant (“IPA”) registered with the Public Company Accounting Oversight Board (“PCAOB”), at a time that is chosen by the accountant without prior notice or announcement to our firm and that is irregular from year to year. Standing Letters of Authorization: The SEC issued a no‐action letter (“Letter”) with respect to the Rule 206(4)‐2 (“Custody Rule”) under the Investment Advisers Act of 1940 (“Advisers Act”). The letter provided guidance on the Custody Rule as well as clarified that an adviser who has the power to disburse client funds to a third party under a standing letter of instruction (“SLOA”) is deemed to have custody. As such, our firm has adopted the following safeguards in conjunction with our custodian, Schwab:

• The client provides an instruction to the qualified custodian, in writing, that includes the client’s signature, the third party’s name, and either the third party’s address or the third party’s account number at a custodian to which the transfer should be directed.

• The client authorizes the investment adviser, in writing, either on the qualified custodian’s form or separately, to direct transfers to the third party either on a specified schedule or from time to time.

• The client’s qualified custodian performs appropriate verification of the instruction, such as a signature review or other method to verify the client’s authorization, and provides a transfer of funds notice to the client promptly after each transfer.

• The client has the ability to terminate or change the instruction to the client’s qualified custodian.

• The investment adviser has no authority or ability to designate or change the identity of the third party, the address, or any other information about the third party contained in the client’s instruction.

• The investment adviser maintains records showing that the third party is not a related party of the investment adviser or located at the same address as the investment adviser.

• The client’s qualified custodian sends the client, in writing, an initial notice confirming the instruction and an annual notice reconfirming the instruction.

We encourage our clients to raise any questions with us about the custody, safety or security of their assets. The custodians we do business with will send you independent account statements listing your account balance(s), transaction history and any fee debits or other fees taken out of your account.


Item 16: Investment Discretion

Clients have the option of providing our firm with investment discretion on their behalf, pursuant to an executed investment advisory client agreement. By granting investment discretion, we are authorized to execute securities transactions, which securities are bought and sold, the total amount to be bought and sold, and the costs at which the transactions will be effected. Limitations may be imposed by the client in the form of specific constraints on any of these areas of discretion with our firm’s written acknowledgement.

Item 17: Voting Client Securities

We do not and will not accept the proxy authority to vote client securities. Clients will receive proxies or other solicitations directly from their custodian or a transfer agent. In the event that proxies are sent to our firm, we will forward them on to you and ask the party who sent them to mail them directly to you in the future. Clients may call, write or email us to discuss questions they may have about particular proxy votes or other solicitations.

Item 18: Financial Information

We are not required to provide financial information in this Brochure because we do not require the prepayment of more than $1,200 in fees and six or more months in advance, and we do not have a financial condition or commitment that impairs our ability to meet contractual and fiduciary obligations to clients. We have never been the subject of a bankruptcy proceeding. Our firm has obtained financial assistance by participating in Paycheck Protection Program (“PPP”) established by the U.S. Small Business Administration (“SBA”). PPP is intended to assist us with maintaining our firm’s business in response to the COVID-19 pandemic by providing low-interest loans for business essentials such as payroll expenses. These loans are eligible for forgiveness, but it is not guaranteed as it will be based on factors such as staff retention and being used for payroll or firm overhead.

Item 1: Cover Page Part 2B of Form ADV: Brochure Supplement

March 2020

Erik O. Strid

1000 Continental Drive, Suite 560

King of Prussia, PA 19406 www.ConcentusWealth.com

Firm Contact:

Paul Strid Chief Compliance Officer

This brochure supplement provides information about Erik Strid that supplements our brochure. You should have received a copy of that brochure. Please contact Paul Strid if you did not receive Concentus Wealth Advisors’ brochure or if you have any questions about the contents of this supplement. Additional information about Mr. Strid is available on the SEC’s website at www.adviserinfo.sec.gov by searching CRD# 2332826.



ADV Part 2B – Brochure Supplement Page 2 Concentus Wealth Advisors

Item 2: Educational Background & Business Experience

Erik Ortlieb Strid Year of Birth: 1969 Educational Background: 1991: Amherst College; Bachelors in Economics with a Minor in Latin

Business Background: 02/2014 – Present Concentus Wealth Advisors; Managing Member & Investment

Advisor 02/2014 – Present Purshe Kaplan Sterling Investments, Inc.; Registered Representative 05/2009 – 02/2014 Wells Fargo Advisors; LLC; Financial Advisor 06/2003 – 05/2009 Wachovia Securities, LLC; Financial Advisor

Exams, Licenses & Other Professional Designations: 01/2010: CERTIFIED FINANCIAL PLANNER™ (CFP®) 01/2010: CHARTERED FINANCIAL CONSULTANT™ (ChFC®) 05/1994: Series 65 Exam 05/1993: Series 7 & Series 63 Exams

CERTIFIED FINANCIAL PLANNER™ (CFP®) The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its high standard of professional education, stringent code of conduct and standards of practice and ethical requirements that govern professional engagements with clients. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: Complete an advanced college-level course of study addressing the financial planning subject areas that CFP® Board’s studies have determined as necessary for the competent and professional delivery of financial planning services, and attain a Bachelor’s Degree from a regionally accredited United States college or university (or its equivalent from a foreign university, pass the comprehensive CFP® Certification Examination, Complete at least three years of full-time financial planning-related experience and agree to be bound by CFP® Board’s Standards of Professional Conduct. Individuals who become certified must complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial industry and renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This means CFP® professionals must provide financial planning services in the best interests of their clients. Chartered Financial Consultant (ChFC®) The ChFC® is offered by The American College. To receive the ChFC® designation, you must successfully complete all courses in your selected program, meet experience requirements and ethics standards, and agree to comply with The American College Code of Ethics and Procedures.


Chartered Financial Consultant (ChFC®)) designation is obtained by completing 6 core, 2 elective courses and a final exam for each course. As a prerequisite the IAR must have 3 years of full time business experience within the 5 years preceding the awarding of the designation. This designation requires 30 hours of continuing education every 2 years.

Item 3: Disciplinary Information1

There are no legal or disciplinary events material to the evaluation of Mr. Strid.

Item 4: Other Business Activities

Mr. Strid is a registered representative of Purshe Kaplan Sterling Investments, Inc., member FINRA/SIPC and licensed insurance agent. He may offer products and receive normal and customary commissions as a result of these transactions. A conflict of interest may arise as these commissionable securities sales may create an incentive to recommend products based on the compensation Mr. Strid may earn.

Item 5: Additional Compensation We have nothing to disclose in this regard.

Item 6: Supervision

Paul Strid, Chief Compliance Officer of Concentus Wealth Advisors, supervises and monitors Erik Strid’s activities on a regular basis to ensure compliance with our firm’s Code of Ethics. Please contact Paul Strid if you have any questions about Erik Strid’s brochure supplement at (610) 994-9190.

1 Note: Our firm may, under certain circumstances, rebut the presumption that a disciplinary event is material. If an event is immaterial, we are not required to disclose it. When we review a legal or disciplinary event involving Mr. Strid to determine whether it is appropriate to rebut the presumption of materiality, we consider all of the following factors: (1) the proximity of Mr. Strid to the advisory function; (2) the nature of the infraction that led to the disciplinary event; (3) the severity of the disciplinary sanction; and (4) the time elapsed since the date of the disciplinary event. If we conclude that the materiality presumption has been overcome, we prepare and maintain a file memorandum of our determination in our records. We follow SEC rule 204-2(a)(14)(iii) and similar state rules.


March 2020

Paul F. Strid



Firm Contact:


This brochure supplement provides information about Paul Strid that supplements our brochure. You should have received a copy of that brochure. Please contact Paul Strid if you did not receive Concentus Wealth Advisors’ brochure or if you have any questions about the contents of this supplement. Additional information about Mr. Strid is available on the SEC’s website at www.adviserinfo.sec.gov by searching CRD# 4718044





Paul Flick Strid Year of Birth: 1975 Educational Background: 1997: Georgetown University; Bachelors of Science in Finance

Business Background: 02/2014 – Present Concentus Wealth Advisors; Managing Member, Chief Compliance

Officer & Investment Advisor 02/2014 – 06/2015 Purshe Kaplan Sterling Investments, Inc; Registered Representative 05/2009 – 02/2014 Wells Fargo Advisors; LLC; Financial Consultant 06/2003 – 05/2009 Wachovia Securities, LLC; Financial Consultant

Exams, Licenses & Other Professional Designations: 02/2004: Series 66 Exam 11/2003: Series 7 Exam


There are no legal or disciplinary events material to the evaluation of Mr. Strid.


We have nothing to disclose in this regard.


Item 6: Supervision

Erik Strid is a principal of Concentus Wealth Advisors and as such supervises and monitors Paul Strid’s activities on a regular basis to ensure compliance with our firm’s Code of Ethics. Please contact Erik Strid if you have any questions about Paul Strid’s brochure supplement at (610) 994-9190.

1 Note: Our firm may, under certain circumstances, rebut the presumption that a disciplinary event is material. If an event is immaterial, we are not required to disclose it. When we review a legal or disciplinary event involving Mr. Strid to determine whether it is appropriate to rebut the presumption of materiality, we consider all of the following factors: (1) the proximity of Mr. Strid to the advisory function; (2) the nature of the infraction that led to the disciplinary event; (3) the severity of the disciplinary sanction; and (4) the time elapsed since the date of the disciplinary event. If we conclude that the materiality presumption has been overcome, we prepare and maintain a file memorandum of our determination in our records. We follow SEC rule 204-2(a)(14)(iii) and similar state rules.


March 2020

Thomas J. Greco



Firm Contact:


This brochure supplement provides information about Thomas Greco that supplements our brochure. You should have received a copy of that brochure. Please contact Paul Strid if you did not receive Concentus Wealth Advisors’ brochure or if you have any questions about the contents of this supplement. Additional information about Mr. Greco is available on the SEC’s website at www.adviserinfo.sec.gov by searching CRD# 4718044.





Thomas James Greco Year of Birth: 1980 Educational Background: 2009: Saint Joseph’s University; MBA 2002: Bloomsburg University; Bachelors of Science in Finance

Business Background: 02/2014 – Present Concentus Wealth Advisors; Investment Advisor 02/2014 – 10/2014 Purshe Kaplan Sterling Investments, Inc.; Registered Representative 04/2010 – 02/2014 Wells Fargo Advisors; LLC; Financial Consultant 03/2008 – 04/2010 Foreside Fund Services, LLC; Associate 01/2003 – 04/2010 Vanguard Marketing Corp; Associate

Exams, Licenses & Other Professional Designations: 12/2016: CERTIFIED FINANCIAL PLANNER™ (CFP®) 05/2010: Series 66 Exam 08/2009: Series 7 Exam 01/2003: Series 6 and 63 Exams

CERTIFIED FINANCIAL PLANNER™, CFP®

The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its high standard of professional education, stringent code of conduct and standards of practice and ethical requirements that govern professional engagements with clients. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: Complete an advanced college-level course of study addressing the financial planning subject areas that CFP® Board’s studies have determined as necessary for the competent and professional delivery of financial planning services, and attain a Bachelor’s Degree from a regionally accredited United States college or university (or its equivalent from a foreign university, pass the comprehensive CFP® Certification Examination, Complete at least three years of full-time financial planning-related experience and agree to be bound by CFP® Board’s Standards of Professional Conduct. Individuals who become certified must complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial industry and renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This means CFP® professionals must provide financial planning services in the best interests of their clients.



There are no legal or disciplinary events material to the evaluation of Mr. Greco.




Item 6: Supervision

Paul Strid, Chief Compliance Officer of Concentus Wealth Advisors, supervises and monitors Mr. Greco’s activities on a regular basis to ensure compliance with our firm’s Code of Ethics. Please contact Mr. Strid if you have any questions about Mr. Greco’s brochure supplement at (610) 994-9190.

1 Note: Our firm may, under certain circumstances, rebut the presumption that a disciplinary event is material. If an event is immaterial, we are not required to disclose it. When we review a legal or disciplinary event involving Mr. Greco to determine whether it is appropriate to rebut the presumption of materiality, we consider all of the following factors: (1) the proximity of Mr. Greco to the advisory function; (2) the nature of the infraction that led to the disciplinary event; (3) the severity of the disciplinary sanction; and (4) the time elapsed since the date of the disciplinary event. If we conclude that the materiality presumption has been overcome, we prepare and maintain a file memorandum of our determination in our records. We follow SEC rule 204-2(a)(14)(iii) and similar state rules.


March 2020

Nathan J. Hayward



Firm Contact:


This brochure supplement provides information about Nathan Hayward that supplements our brochure. You should have received a copy of that brochure. Please contact Paul Strid if you did not receive Concentus Wealth Advisors’ brochure or if you have any questions about the contents of this supplement. Additional information about Mr. Hayward is available on the SEC’s website at www.adviserinfo.sec.gov by searching CRD# 5203718.





Nathan Josiah Hayward Year of Birth: 1984 Educational Background: 2009: Arcadia University; MBA 2006: Arcadia University; Bachelors in Economics & Business Administration

Business Background: 02/2014 – Present Concentus Wealth Advisors; Investment Advisor 02/2014 – 10/2014 Purshe Kaplan Sterling Investments, Inc.; Registered Representative 05/2009 – 02/2014 Wells Fargo Advisors; LLC; Financial Consultant 05/2006 – 05/2009 Wachovia Securities; Financial Consultant 02/2006 – 05/2006 Anthony J. Caffarella; Certified Public Accountant

Exams, Licenses & Other Professional Designations: 01/2015: CHARTERED FINANCIAL CONSULTANT™ (ChFC®) 06/2012: CERTIFIED FINANCIAL PLANNER™ (CFP®) 10/2007: Series 66 Exam 01/2006: Series 7 Exam

CERTIFIED FINANCIAL PLANNER™, CFP®

The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its high standard of professional education, stringent code of conduct and standards of practice and ethical requirements that govern professional engagements with clients. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: Complete an advanced college-level course of study addressing the financial planning subject areas that CFP® Board’s studies have determined as necessary for the competent and professional delivery of financial planning services, and attain a Bachelor’s Degree from a regionally accredited United States college or university (or its equivalent from a foreign university, pass the comprehensive CFP® Certification Examination, Complete at least three years of full-time financial planning-related experience and agree to be bound by CFP® Board’s Standards of Professional Conduct. Individuals who become certified must complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial industry and renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This means CFP® professionals must provide financial planning services in the best interests of their clients. ChFC® - Chartered Financial Consultant The ChFC® is offered by The American College. To receive the ChFC® designation, you must successfully complete all courses in your selected program, meet experience requirements and ethics standards, and agree to comply with The American College Code of Ethics and Procedures.


Chartered Financial Consultant (ChFC®) designation is obtained by completing 6 core, 2 elective courses and a final exam for each course. As a prerequisite the IAR must have 3 years of full time business experience within the 5 years preceding the awarding of the designation. This designation requires 30 hours of continuing education every 2 years.


There are no legal or disciplinary events material to the evaluation of Mr. Hayward.




Item 6: Supervision

Paul Strid, Chief Compliance Officer of Concentus Wealth Advisors, supervises and monitors Mr. Hayward’s activities on a regular basis to ensure compliance with our firm’s Code of Ethics. Please contact Mr. Strid if you have any questions about Mr. Hayward’s brochure supplement at (610) 994-9190.

1 Note: Our firm may, under certain circumstances, rebut the presumption that a disciplinary event is material. If an event is immaterial, we are not required to disclose it. When we review a legal or disciplinary event involving Mr. Hayward to determine whether it is appropriate to rebut the presumption of materiality, we consider all of the following factors: (1) the proximity of Mr. Hayward to the advisory function; (2) the nature of the infraction that led to the disciplinary event; (3) the severity of the disciplinary sanction; and (4) the time elapsed since the date of the disciplinary event. If we conclude that the materiality presumption has been overcome, we prepare and maintain a file memorandum of our determination in our records. We follow SEC rule 204-2(a)(14)(iii) and similar state rules.


March 2020

Bryan D. Dalesandro

1000 Continental Drive, Suite 560 King of Prussia, PA 19406

www.ConcentusWealth.com

Firm Contact: Paul Strid

Chief Compliance Officer This brochure supplement provides information about Bryan Dalesandro that supplements our brochure. You should have received a copy of that brochure. Please contact Paul Strid if you did not receive Concentus Wealth Advisors’ brochure or if you have any questions about the contents of this supplement. Additional information about Mr. Dalesandro is available on the SEC’s website at www.adviserinfo.sec.gov by searching CRD# 3222500.



ADV Part 2B – Brochure Supplement Page 2 Concentus Wealth Advisors, LLC


Bryan Daniel Dalesandro Year of Birth: 1973 Educational Background:

▪ 2011 - 2017: St. Josephs University; Masters of Science; Financial Services ▪ 1991 - 1995: Lycoming College; Bachelor of Arts; Finance, Economics and Accounting

Business Background:

▪ 11/2014 – Present Concentus Wealth Advisors; Investment Advisor ▪ 01/2006 – 03/2014 CMS Companies; Client Relationship Manager ▪ 02/2005 – 12/20005 CITCO Fund; Compliance Officer ▪ 07/2001 – 01/2005 Fisher Investments; Investment Counselor/Account executive

Exams, Licenses & Other Professional Designations:

▪ 01/2017: MASTER OF SCIENCE IN FINANCIAL SERVICES (MSFS) ▪ 2012: CHARTERED ADVISOR IN PHILANTHROPY™ (CAP®) ▪ 2009: CHARTERED ADVISOR FOR SENIOR LIVING™ (CASL®)

CHARTERED Life Underwriter™ (CLU®) CHARTERED FINANCIAL CONSULTANT™ (ChFC®) CERTIFIED FINANCIAL PLANNER™ (CFP®)

▪ 2006: Series 7 and 66 Exams PA life and health insurance licenses

MASTER OF SCIENCE IN FINANCIAL SERVICES (MSFS) As one of few programs in the nation that is both AACSB-accredited and CFP-certified*, the Master of Science in Financial Services Program at Saint Joseph's University offers students advanced credentials by building on professional planning, analytical and financial experience, along with the strong ethical foundation. Saint Joseph's CFP-certified* program teaches more than best practices. Students graduate prepared to create solutions, introduce new capabilities and improve client relationships. Critical expertise in the areas of:

▪ Portfolio Management ▪ Financial Institutions and Capital Markets ▪ Mergers and Acquisitions ▪ Risk Management ▪ Pension and Benefits Administration ▪ International Finance ▪ Tax Planning for Management Decision Making ▪ Stakeholder Theory and Social Responsibility

*Saint Joseph's University does not certify individuals - CFP¨ certification is granted solely by Certified Financial Planner Board of Standards Inc. to individuals who, in addition to completing an educational requirement such as this CFP Board-Registered Program, have met ethics, experience and examination requirements.


CERTIFIED FINANCIAL PLANNER™ (CFP®) The CFP® certification is a voluntary certification; no federal or state law or regulation requires financial planners to hold CFP® certification. It is recognized in the United States and a number of other countries for its high standard of professional education, stringent code of conduct and standards of practice and ethical requirements that govern professional engagements with clients. To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: Complete an advanced college-level course of study addressing the financial planning subject areas that CFP® Board’s studies have determined as necessary for the competent and professional delivery of financial planning services, and attain a Bachelor’s Degree from a regionally accredited United States college or university (or its equivalent from a foreign university, pass the comprehensive CFP® Certification Examination, Complete at least three years of full-time financial planning-related experience and agree to be bound by CFP® Board’s Standards of Professional Conduct.

Individuals who become certified must complete 30 hours of continuing education hours every two years, including two hours on the Code of Ethics and other parts of the Standards of Professional Conduct, to maintain competence and keep up with developments in the financial industry and renew an agreement to be bound by the Standards of Professional Conduct. The Standards prominently require that CFP® professionals provide financial planning services at a fiduciary standard of care. This means CFP® professionals must provide financial planning services in the best interests of their clients. Chartered Financial Consultant (ChFC®) The ChFC® is offered by The American College. To receive the ChFC® designation, you must successfully complete all courses in your selected program, meet experience requirements and ethics standards, and agree to comply with The American College Code of Ethics and Procedures. Chartered Financial Consultant (ChFC®)) designation is obtained by completing 6 core, 2 elective courses and a final exam for each course. As a prerequisite the IAR must have 3 years of full time business experience within the 5 years preceding the awarding of the designation. This designation requires 30 hours of continuing education every 2 years. Chartered Life Underwriter (CLU®) The CLU® is offered by The American College. To receive the CLU® designation, you must successfully complete all courses in your selected program, meet experience requirements and ethics standards, and agree to comply with The American College Code of Ethics and Procedures. The Chartered Life Underwriter (CLU®) designation is obtained by completing 8 core, 3 elective courses and a final exam for each course. As a prerequisite the IAR must have 3 years of full time business experience within the 5 years preceding the awarding of the designation. This designation requires 30 hours of continuing education every 2 years. Chartered Advisor for Senior Living (CASL®) The CASL® is offered by The American College. To receive the CASL® designation, you must successfully complete all courses in your selected program, meet experience requirements and ethics standards, and agree to comply with The American College Code of Ethics and Procedures. The Chartered Advisor for Senior Living (CASL®) designation is obtained by completing 5 core courses and a final exam for each course.


As a prerequisite the IAR must have 3 years of full time business experience within the 5 years preceding the awarding of the designation. This designation requires 15 hours of continuing education every 2 years. Chartered Advisor in Philanthropy (CAP®) The CAP® is offered by The American College. To receive the CAP® designation, you must successfully complete all courses in your selected program, meet experience requirements and ethics standards, and agree to comply with The American College Code of Ethics and Procedures. The Chartered Advisor in Philanthropy (CAP®) designation is obtained by completing 3 core courses and a final exam for each course. As a prerequisite the IAR must have 3 years of full time business experience within the 5 years preceding the awarding of the designation. This designation requires 15 hours of continuing education every 2 years.


There are no legal or disciplinary events material to the evaluation of Mr. Dalesandro.


Mr. Dalesandro holds active insurance licenses but does not receive compensation for the sale of insurance products. Mr. Dalesandro also serves as the treasurer of the Financial Planning Association’s Philadelphia chapter.

Item 5: Additional Compensation


Item 6: Supervision

Paul Strid, Chief Compliance Officer of Concentus Wealth Advisors, supervises and monitors Mr. Dalesandro’s activities on a regular basis to ensure compliance with our firm’s Code of Ethics. Please contact Mr. Strid if you have any questions about Mr. Dalesandro’s brochure supplement at (610) 994-9190.

1 Note: Our firm may, under certain circumstances, rebut the presumption that a disciplinary event is material. If an event is immaterial, we are not required to disclose it. When we review a legal or disciplinary event involving Mr. Dalesandro to determine whether it is appropriate to rebut the presumption of materiality, we consider all of the following factors: (1) the proximity of Mr. Dalesandro to the advisory function; (2) the nature of the infraction that led to the disciplinary event; (3) the severity of the disciplinary sanction; and (4) the time elapsed since the date of the disciplinary event. If we conclude that the materiality presumption has been overcome, we prepare and maintain a file memorandum of our determination in our records. We follow SEC rule 204-2(a)(14)(iii) and similar state rules.


March 2020

Jack Liberatore



Firm Contact:


This brochure supplement provides information about Jack Liberatore that supplements our brochure. You should have received a copy of that brochure. Please contact Paul Strid if you did not receive Concentus Wealth Advisors’ brochure or if you have any questions about the contents of this supplement. Additional information about Mr. Liberatore is available on the SEC’s website at www.adviserinfo.sec.gov by searching CRD# 6839925.





John Alfred Liberatore Year of Birth: 1994 Educational Background: 2012 - 2016: Villanova University; Bachelors of Arts; Humanities

Business Background: 10/2016 – Present Concentus Wealth Advisors; Analyst 05/2015 – 08/2016 Villanova University; Resident Assistant 05/2014 – 08/2015 Julian Krinsky Camps & Programs; Office Manager 04/2013 – 08/2013 Aronimink Swim Club; Office Manager

Exams, Licenses & Other Professional Designations: 10/2018: SERIES 65 EXAM


There are no legal or disciplinary events material to the evaluation of Mr. Liberatore.


Mr. Liberatore does not have any outside business activities to report.


Item 6: Supervision

Paul Strid, Chief Compliance Officer of Concentus Wealth Advisors, supervises and monitors Mr. Liberatore’s activities on a regular basis to ensure compliance with our firm’s Code of Ethics. Please contact Mr. Strid if you have any questions about Mr. Liberatore’s brochure supplement at (610) 994-9190.

1 Note: Our firm may, under certain circumstances, rebut the presumption that a disciplinary event is material. If an event is immaterial, we are not required to disclose it. When we review a legal or disciplinary event involving Mr. Liberatore to determine whether it is appropriate to rebut the presumption of materiality, we consider all of the following factors: (1) the proximity of Mr. Liberatore to the advisory function; (2) the nature of the infraction that led to the disciplinary event; (3) the severity of the disciplinary sanction; and (4) the time elapsed since the date of the disciplinary event. If we conclude that the materiality presumption has been overcome, we prepare and maintain a file memorandum of our determination in our records. We follow SEC rule 204-2(a)(14)(iii) and similar state rules.

Documents

Item 1: Cover Page Part 2A of Form ADV: Firm Brochure July ......Item 1: Cover Page Part 2A of Form ADV: Firm Brochure July 2020 1000 Continental Drive, Suite 560 King of Prussia,