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Latest research and trends from around the financial advisory business, updated regularly highlighting stats, charts, infographics and all things data.

Top regional fee-only RIAs

Top fee-only RIAs ranked by total assets under management

Dec 4, 2016 @ 12:01 am

By IN Research and Ellie Zhu

RankFirmPhoneWebsiteTotal assets ($M)Total accountsEmployees
1Silvercrest Asset Management Group(212)$31,199.21,068117
3BBR Partners, LLC(212)$10,858.42,55295
4Summit Rock Advisors, L.P.(212)$10,735.010051
5Rockefeller & Co., Inc.(212)$10,497.42,732154
6Tiedemann Wealth Management, LLC(212)$8,342.240785
7TAG Associates LLC(212)$8,125.41,18667
8Anchor Capital Advisors LLC(617)$8,104.724,35949
9Boston Private Wealth LLC(800)$7,108.57,280140
10Pinnacle Associates, Ltd.(212)$6,020.83,73550
11Athena Capital Advisors LLC(781)$5,998.744647
12Ballentine Partners(781)$5,989.73,37655
13KLS Professional Advisors Group, LLC(212)$5,515.78,99149
14East End Advisors, LLC(212) 218-8137$4,998.12215
15The Colony Group, LLC(617)$4,862.86,76690

Midwestern success stories

RankFirmPhonewebsiteTotal assets ($M)Total accountsEmployees
1Oxford Financial Group, Ltd(317)$13,577.08,468145
2Brownson, Rehmus & Foxworth(312)$9,870.153257
3Bahl & Gaynor Inc(513)$8,593.32,00517
4Johnson Investment Counsel, Inc.(513)$8,347.48,650109
5FCI Advisors(816)$6,771.510,64959
6Gresham Partners, LLC(312)$5,522.31,45731
7RMB Capital Management(312)$4,722.312,764119
8Fiduciary Counselling Inc.(651)$4,603.81,36172
9Savant Capital Management(815)$4,224.43,946136
10Altair Advisers, LLC(312)$3,773.958847
11Gofen And Glossberg, LLC(312)$3,766.43,00927
12Bartlett & Co. LLC(513)$3,358.31,15947
13Zacks Investment Management, Inc.312-265-9266$3,335.44,79795
14Balasa Dinverno Foltz LLC(630)$3,071.94,66537
15Orgel Wealth Management, LLC(715)$3,032.07,02634

Southern success stories

RankFirmPhoneWebsiteTotal assets ($M)Total accountsEmployees
1Chevy Chase Trust Company(240)$23,172.73,61584
2Edelman Financial Services, LLC(703)$14,880.069,807397
3Jasper Ridge Partners, L.P.(817)$13,317.72,74368
4Ronald Blue & Co., LLC(770)$6,636.516,436275
5Global Financial Private Capital, LLC(866)$5,864.366,671350
6WE Family Offices(305)$5,015.16943
7Convergent Wealth Advisors, LLC(301)$4,693.42,96156
8Tolleson Private Wealth Management(214)$4,532.22,90558
9Finaccess Advisors, LLC(305) 377-1112$4,387.515312
10RGT Wealth Advisors(214)$4,361.64,93072
11CV Advisors LLC(305)$4,231.810327
12Homrich Berg(404)$4,082.05,80180
13Signature Family Wealth Advisors(757)$3,316.51,02438
14WMS Partners, LLC(410)$2,887.542148
15South Texas Money Management, Ltd.(210)$2,759.12,84860

Western success stories

RankFirmPhoneWebsiteTotal assets ($M)Total accountsEmployees
1Financial Engines Advisors L.L.C.(408)$113,423.8932,089531
2Fisher Investments(800)$65,441.657,9821,110
3Hall Capital Partners LLC(415)$31,899.2167133
4Aperio Group, LLC(415)$13,243.12,51250
5Comprehensive Financial Management LLC(408) 358-3316$11,295.02926
6Kayne Anderson Rudnick Investment Management, LLC(310)$9,629.314,62981
7Aspiriant, LLC(415)$9,306.17,041154
8Mercer Global Advisors Inc.(800)$6,908.019,525120
9Litman Gregory Asset Management, LLC(925)$6,148.71,19468
10Scharf Investments, LLC(831)$5,118.02,64021
11Ferguson Wellman Capital Management, Inc.(503)$4,311.92,41444
12Seven Post Investment Office LP(415)$4,178.937214
13Churchill Management Group(323)$4,069.513,03455
14Wetherby Asset Management(415)$3,839.73,19360
15Halbert Hargrove(562)$3,817.83,25943

Note: InvestmentNews qualified 1,778 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of November 1, 2016. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2016, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) provided investment advisory services to clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) not one who is an insurance company or agency.

Northeastern success stories


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