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David Baker Schiff

BCS PRIVATE WEALTH MANAGEMENT
RUMSON, NJ
·CRD# 4898283·21 years experience

Professional Summary

David Baker Schiff, who also goes by Scott Schiff, is a registered financial advisor currently at BCS PRIVATE WEALTH MANAGEMENT located in Rumson, New Jersey. David is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2005. David has worked at 3 firms and has passed the Series 66, SIE, Series 3 and Series 7 exams.

At a Glance

Always Fiduciary

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Fiduciary Standard

Fee Structure

Account Minimum

Active Clients

Other Aliases

Scott Schiff

Blog Corner

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Videos & Posts

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Contact Information

This advisor has not claimed their profile yet, so there is no contact information to display at this time.

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Disclosures are events reported to regulators, such as customer disputes, regulatory actions, employment separations, or financial events. Some are resolved, denied, or contested — a disclosure is not a verdict. We recommend asking an advisor directly about any disclosure on their record.

Disclosures on record.

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities. Check for any disclosures as part of your thorough research when choosing an advisor.

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Years of Experience

21 years in the financial services industry

Current & Past Employments

BCS PRIVATE WEALTH MANAGEMENT·CRD# 174761
RIA
47 West River Road Suite B, Rumson, NJ 07760
June 23, 2015 - Present
WESTERN INTERNATIONAL SECURITIES, INC.·CRD# 39262
BD
Atlantic Highlands, NJ
June 12, 2009 - July 6, 2015
UBS FINANCIAL SERVICES INC.·CRD# 8174
BD
New York, NY
March 4, 2005 - July 2, 2009

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Current Firm

BP
BCS PRIVATE WEALTH MANAGEMENT

BCS PRIVATE WEALTH MANAGEMENT | ROYALSTON ADVISORS, LLC | BERNARD CAROLI WEALTH MANAGEMENT INC. | BERNARD CAROLI WEALTH MANAGEMENT

CRD#: 174761 / SEC#: 801-89173
RIA
Registered Investment Advisory firm - SEC (4/15/2015 Approved)

Contact Information

Main Address

47 West River Road Suite B, Rumson, NJ 07760

Phone Number

(732) 291-7272

# of Employees

6

SEC notice filing (8 States and Territories)

Registered to provide investment advisory services in 8 US states and territories.

Documents

Customer Relationship Summary (CRS / SEC)Latest Form ADV

Part 2 Brochures

BCS PWM ADV PART 2A (2/12/2026)

Regulatory Assets Under Management

Total Number of Accounts

580

AUM (Assets Under Management)

$469,674,455

Accountant Surprise Examination Report

Filing DateForm ADV-E CoverForm ADV-E Report
02/26/2026Cover PageReport
02/25/2025Cover PageReport

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Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

MONOLITH CAPITAL, LLC C/O ATLANTIC TRUST, 1177 AVENUE OF THE AMERICAS, 42ND FLOOR, NYC, NY 10036; PRIVATE FAMILY LIMITED LIABILITY COMPANY THAT HOLDS A FAMILY OWNED REAL ESTATE ASSET START DATE - 11/2009 COMP - NO NOT INVESTMT RELATED POSITION - MANAGER 0 HOURS 0 SECURITIES HOURS DUTIES - TO ASSIST FAMILY WITH OVERSIGHT OF FAMILY OWNED REAL ESTATE ASSET NOTARY PUBLIC 160 EAST 72ND STREET, 8TH FLOOR, NYC, NY 10021 START DATE - SOMEWHERE AROUND 04/2003 NOT INVESTMT RELATED COMP - PER TRANSACTION POSITION - NOTARY PUBLIC, STATE OF NEW YORK, COUNTY OF NEW YORK 0 HOURS 0 SECURITIES HOURS DUTIES - TO ACT AS NOTARY SPROUT FOODS, INC. 2763 MEADOW CHURCH ROAD, SUITE 110, DULUTH, GA 30097 ORGANIC BABY FOOD MANUFACTURER START DATE - 11/2010 COMP - OPTIONS NOT INVESTMT RELATED POSITION - BOARD MEMBER 3 HOURS/MONTH 0 SECURITIES HOURS DUTIES - TO ASSIST FAMILY WITH OVERSIGHT AND GOVERNANCE OF COMPANY KUHN, LOEB & CO. C/O ATLANTIC TRUST, 1177 AVENUE OF THE AMERICAS, 42ND FLOOR, NYC, NY 10036; PRIVATE FAMILY PARTNERSHIP START DATE - 06/2011 NO COMP INVESTMT RELATED POSITION - MANAGING PARTNER 6 HOURS/MONTH 0 SECURITIES HOURS DUTIES - TO ASSIST FAMILY WITH REVIEW OF POTENTIAL INVESTMENTS AND OVERSIGHT OF FAMILY OWNED PARTNERSHIP RABBIT HOLLOW PARTNERS C/O ATLANTIC TRUST, 1177 AVENUE OF THE AMERICAS, 42ND FLOOR, NYC, NY 10036; PRIVATE FAMILY PARTNERSHIP START DATE -12/2011 NO COMP INVESTMT RELATED POSITION - MANAGER 3 HOURS/MONTH 0 SECURITIES HOURS DUTIES - TO ASSIST FAMILY WITH REVIEW OF POTENTIAL INVESTMENTS AND OVERSIGHT OF FAMILY OWNED PARTNERSHIP JAGUAR PARTNERS, LLC C/O ATLANTIC TRUST, 1177 AVENUE OF THE AMERICAS, 42ND FLOOR, NYC, NY 10036; PRIVATE FAMILY LIMITED LIABILITY COMPANY START DATE -10/2011 NO COMP INVESTMT RELATED POSITION - MANAGER 1 HOUR/MONTH 0 SECURITIES HOURS DUTIES - TO ASSIST FAMILY WITH OVERSIGHT OF FAMILY OWNED LLC SILAS CAPITAL, LLC 627 BROADWAY, FLOOR 9, NEW YORK, NY 10012 VENTURE AND GROWTH STAGE CAPITAL PRIVATE EQUITY FIRM START DATE -02/2014 NO COMP INVESTMT RELATED POSITION - ADVISOR 2-3 HOURS/QUARTER 0 SECURITIES HOURS DUTIES -
(1) TO REFER POTENTIAL INVESTMENTS
(2) TO SERVE AS A SOUNDING BOARD
(3) TO PROVIDE GENERAL ADVICE AS APPROPRIATE. TRINITY COLLEGE ARTS ADVISORY BOARD 300 SUMMIT STREET, HARTFORD, CT 06106 LIBERAL ARTS COLLEGE ADVISORY BOARD FOR ARTS DIVISION START DATE -04/2014 NO COMP NOT INVESTMT RELATED POSITION - BOARD MEMBER 4-5 HOURS/QUARTER 0 SECURITIES HOURS DUTIES - TO ADVISE COLLEGE ON BEST WAY TO PROMOTE AND ADVANCE THE ARTS DIVISION AT COLLEGE 160 EAST 72ND STREET CORPORATION 160 EAST 72ND STREET, NYC, NY 10021 BOARD OF RESIDENTIAL APARTMENT BUILDING START DATE -05/2014 NO COMP NOT INVESTMT RELATED POSITION - BOARD MEMBER 1 HOUR/MONTH 0 SECURITIES HOURS DUTIES - TO ASSIST WITH OVERSIGHT AND GOVERNANCE OF RESIDENTIAL APARTMENT BUILDING WILDLIFE CONSERVATION SOCIETY 2300 SOUTHERN BOULEVARD, BRONX, NY 10460 BOARD OF CHARITABLE ORGANIZATION START DATE -06/2014 NO COMP NOT INVESTMT RELATED POSITION - BOARD MEMBER APPROX. 2 HOURS/MONTH 3 SECURITIES HOURS/QUARTER DUTIES - TO ASSIST WITH OVERSIGHT AND GOVERNANCE OF CHARITABLE ORGANIZATION CULTURAL INSTITUTIONS RETIRMENT SYSTEM 95 MADISON AVENUE, SUITE 803, NYC, NY 10016 BOARD OF PLAN DESIGNED TO PROVIDE PENSION AND LIFE INSURANCE BENEFITS TO ELIGIBLE MEMBERS OF NY CULTURAL INSTITUTIONS START DATE -02/2015 NO COMP INVESTMENT RELATED - YES, BUT DUTIES AS TRUSTEE ARE NOT POSITION - BOARD MEMBER APPROX. 3 HOURS/QUARTER 0 SECURITIES HOURS DUTIES - TO ASSIST WITH OVERSIGHT AND GOVERNANCE OF ORGANIZATION

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Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
BP
BCS PRIVATE WEALTH MANAGEMENT

BCS PRIVATE WEALTH MANAGEMENT | ROYALSTON ADVISORS, LLC | BERNARD CAROLI WEALTH MANAGEMENT INC. | BERNARD CAROLI WEALTH MANAGEMENT

CRD#: 174761 / SEC#: 801-89173
RIA
Registered Investment Advisory firm - SEC (4/15/2015 Approved)

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.
IAR
New Jersey
(6/23/2015)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

Financial professionals may take different exams throughout their careers based on the types of services they provide and roles they perform.

Series 66 — Uniform Combined State Law Examination

Passed Mar 2005About the Series 66 exam

SIE — Securities Industry Essentials Examination

Passed Jul 2015About the SIE exam

Series 3 — National Commodity Futures Examination

Passed Oct 2006About the Series 3 exam

Series 7 — General Securities Representative Examination

Passed Mar 2005About the Series 7 exam

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CRS (Client Relationship Summary) - RIA

Click below to view David Baker Schiff's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

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