Numbers Game

Largest fee-only RIAs

Ranked by total assets under management

Jun 9, 2018 @ 6:00 am

By Ellie Zhu

Rank 2018 2018 Total Discretionary Nondiscretionary
Firm Phone/website assets ($M) accounts assets ($M) accounts assets ($M) accounts Employees
1Financial Engines Advisors
1050 Enterprise Way, Third Floor
Sunnyvale, CA 94089
(408) 498-6000
financialengines.com
$169,400.0 1,245,244$169,400.0 1,245,244$0.0 0939

2Fisher Investments
5525 NW Fisher Creek Drive
Camas, WA 98607-9911
(800) 851-8845
fisherinvestments.com
$96,031.6 42,863$96,031.6 42,863$0.0 01,522

3Hall Capital Partners
One Maritime Plaza, Suite 500
San Francisco, CA 94111
(415) 288-0544
hallcapital.com
$36,391.9 170$10,615.0 57$25,776.9 113142

4Chevy Chase Trust Company
7501 Wisconsin Ave., 15th Floor
Bethesda, MD 20814
(240) 497-5000
chevychasetrust.com
$29,990.6 3,577$29,990.6 3,577$0.0 088

5Aperio Group
Three Harbor Drive, Suite 204
Sausalito, CA 94965
(415) 339-4300
aperiogroup.com
$23,817.2 4,290$23,817.2 4,290$0.0 082
6Edelman Financial Services
4000 Legato Road, Ninth Floor
Fairfax, VA 22033-2892
(703) 818-0800
edelmanfinancial.com
$21,729.1 85,909$21,729.1 85,909$0.0 0434
7Silvercrest Asset Management Group
1330 Avenue of the Americas, 38th Floor
New York, NY 10019-5400
(212) 649-0600
silvercrestgroup.com
$21,340.2 1,219$15,998.1 1,190$5,342.2 29122

8Kayne Anderson Rudnick Investment Management
1800 Avenue of the Stars, Second Floor
Los Angeles, CA 90067
(310) 556-2721
kayne.com

$18,900.3 26,461$15,732.5 16,261$3,167.8 1020083

9Moneta Group Investment Advisors
100 S. Brentwood, Suite 500
Clayton, MO 63105
(314) 726-2300
monetagroup.com
$18,512.8 23,418$6,855.3 1,731$11,657.5 21687285

10Jasper Ridge Partners
201 Main St., Suite 1000
Fort Worth, TX 76102
(817) 333-0027
jasperridge.com
$18,374.7 41$17,715.4 36$659.3 580

11Rockefeller & Co. Inc.
10 Rockefeller Plaza, Third Floor
New York, NY 10020
(212) 549-5100
rockco.com
$15,809.3 2,731$15,505.1 2,586$304.2 145159

12Veritable
6022 W. Chester Pike
Newtown Square, PA 19073
(610) 640-9551
veritablelp.com
$15,632.1 3,106$15,209.5 2,955$422.6 15185

13Comprehensive Financial Management
720 University Ave., Suite 200
Los Gatos, CA 95032-7606
(408) 358-3316
$15,222.7 43$15,222.7 43$0.0 027

14BBR Partners
Two Grand Central Tower, 140 E. 45th St., 26th Floor
New York, NY 10017
(212) 313-9870
bbrpartners.com
$14,199.2 3,200$12,214.8 3,000$1,984.4 20090

15Summit Rock Advisors
9 W. 57th St., 12th Floor
New York, NY 10019
(212) 993-7150
summit-rock.com
$13,376.8 128$6,421.3 92$6,955.6 3658

16Tiedemann Wealth Management
520 Madison Ave., 26th Floor
New York, NY 10022
(212) 396-5900
tiedemannwealth.com
$12,301.6 452$9,778.9 379$2,522.7 73119

17Buckingham Strategic Wealth
8182 Maryland Ave., Suite 500
St Louis, MO 63105
(314) 725-0455
buckingham-asset-management.com
$12,282.9 24,626$11,999.2 24,292$283.7 334290

18Aspiriant
11100 Santa Monica Blvd., Suite 600
Los Angeles, CA 90025
(310) 806-4000
aspiriant.com
$12,213.7 8,493$10,658.7 7,093$1,555.1 1400159

19Bahl & Gaynor Inc.
255 E. Fifth St., Suite 2700
Cincinnati, OH 45202
(513) 287-6100
bahl-gaynor.com
$11,438.8 2,172$10,581.2 2,085$857.6 8719

20Brownson, Rehmus & Foxworth Inc.
200 S. Wacker Drive, Suite 2300
Chicago, IL 60606-5864
(312) 346-5850
brfadvisors.com
$11,241.4 467$0.0 0$11,241.4 46758

21Mercer Global Advisors Inc.
1801 E. Cabrillo Blvd.
Santa Barbara, CA 93108
(800) 258-1559
merceradvisors.com
$11,053.5 24,311$10,656.3 22,802$397.2 1509238

22Johnson Investment Counsel Inc.
3777 W. Fork Road
Cincinnati, OH 45247
(513) 661-3100
johnsoninv.com
$10,420.6 10,009$10,420.6 10,009$0.0 0116
23Appleton Partners Inc.
One Post Office Square, Sixth Floor
Boston, MA 02109
(617) 338-0700
appletonpartners.com
$9,144.2 5,770$9,144.2 5,770$0.0 047

24TAG Associates
810 Seventh Ave., Seventh Floor
New York, NY 10019-5890
(212) 275-1500
tagassoc.com
$8,679.2 1,187$344.5 82$8,334.7 110567

25Pathstone Federal Street
10 Sterling Blvd., Suite 402
Englewood, NJ 07631
(201) 944-7284
pathstone.com
$8,548.7 4,821$3,195.3 2,089$5,353.4 2732101

26RMB Capital Management
115 S. Lasalle, 34th Floor
Chicago, IL 60603
(312) 993-5800
rmbcap.com
$8,226.7 14,194$7,448.1 12,253$778.6 1941190

27FCI Advisors
5901 College Blvd., Suite 110
Overland Park, KS 66211
(800) 615-2536
fciadvisors.com
$8,165.8 11,972$7,107.6 10,733$1,058.2 123959

28Jordan Park Group
100 First St., Suite 360
San Francisco, CA 94105
(415) 417-3000
jordan-park.com
$8,128.1 861$8,128.1 861$0.0 036

29HPM Partners
335 Madison Ave., 23rd Floor
New York, NY 10017
(212) 850-4260
hpmpartners.com
$7,433.4 1,439$5,896.7 1,326$1,536.7 113100

30Boston Private Wealth
One Federal St., 30th Floor
Boston, MA 02110
(617) 223-0200
bostonprivate.com/personal/wealth-management
$7,424.3 6,224$6,955.6 6,035$468.7 189105

31WE Family Offices
701 Brickell Ave., Suite 2100
Miami, FL 33131
(305) 825-2225
wefamilyoffices.com
$7,378.3 70$0.0 0$7,378.3 7048

32Evercore Wealth Management
55 E. 52nd St., 23rd Floor
New York, NY 10055
(212) 822-7620
evercorewealthmanagement.com
$7,329.6 2,652$7,282.2 2,616$47.4 3681

33Loring, Wolcott & Coolidge Fiduciary Advisors
230 Congress St.
Boston, MA 02110-2437
(617) 523-6531
lwcotrust.com

$7,228.3 2,798$7,038.5 2,776$189.9 2290

34Gresham Partners
333 W. Wacker Drive, Suite 700
Chicago, IL 60606
(312) 960-0200
greshampartners.com
$6,935.1 165$4,208.0 47$2,727.1 11837

35Ballentine Partners
230 Third Ave., Suite 6
Waltham, MA 02451
(781) 341-1300
ballentinepartners.com
$6,698.6 4,023$4,060.4 2,253$2,638.2 177072

36Pinnacle Associates
335 Madison Ave., Suite 1100
New York, NY 10017
(212) 652-3200
pinnacleinsights.org
$6,496.6 4,156$6,496.6 4,156$0.0 053

37Personal Capital Advisors Corporation
250 Montgomery St., Suite 700
San Francisco, CA 94104
(415) 800-5922
personalcapital.com
$6,489.0 37,793$6,489.0 37,793$0.0 0213

38East End Advisors
610 Fifth Ave., Fifth Floor
New York, NY 10020
(212) 218-8137
$6,468.4 31$1,011.2 14$5,457.2 1716

39The Colony Group
Two Atlantic Ave.
Boston, MA 02110
(617) 723-8200
thecolonygroup.com
$6,309.7 9,311$5,081.9 7,398$1,227.8 1913140
40Shepherd Kaplan
125 Summer St., 22nd Floor
Boston, MA 02110-1654
(617) 896-1600
sk-llc.com
$6,209.2 1,257$861.6 224$5,347.6 103339

41KLS Professional Advisors Group
1325 Avenue of the Americas, 14th Floor
New York, NY 10019
(212) 355-0346
klsadvisors.com
$6,202.4 8,703$5,611.9 5,668$590.5 303545

42Mill Creek Capital Advisors
161 Washington St., Suite 1500
Conshohocken, PA 19428
(610) 941-7700
millcreekcap.com
$5,797.9 330$5,186.9 319$611.0 1128

43Global Financial Private Capital
501 N. Cattlemen Road, Suite 106
Sarasota, FL 34232
(800) 220-0614
gf-pc.com
$5,790.6 58,065$5,790.6 58,065$0.0 0300

44CV Advisors
19495 Biscayne Blvd., Suite 808
Aventura, FL 33180
(305) 358-5990
cv-advisors.com
$5,608.9 567$559.5 105$5,049.4 46241

45Tolleson Private Wealth Management
5500 Preston Road, Suite 250
Dallas, TX 75205
(214) 252-3250
tollesonwealth.com
$5,604.8 3,419$5,411.0 3,216$193.8 20376

46Homrich Berg
One Buckhead Plaza, Suite 830, 3060 Peachtree Road NW
Atlanta, GA 30305-2240
(404) 264-1400
homrichberg.com
$5,596.6 8,433$4,937.8 8,246$658.7 18790
47Savant Capital Management
190 Buckley Drive
Rockford, IL 61107
(815) 227-0300
zeroalphagroup.com
$5,572.9 4,475$5,572.9 4,475$0.0 0143

48Fiduciary Counselling Inc.
2000 Wells Fargo Place, 30 E. Seventh St.

St Paul, MN 55101-4930
(651) 228-0935
$5,563.9 1,462$2,871.1 1,241$2,692.9 22171

49Athena Capital Advisors
55 Old Bedford Road, Suite 302
Lincoln, MA 01773
(781) 274-9300
athenacapital.com
$5,471.7 559$4,827.4 472$644.3 8751

50Churchill Management Group
5900 Wilshire Blvd., Suite 400
Los Angeles, CA 90036
(323) 937-7110
churchillmanagement.com
$5,373.1 15,672$5,255.0 15,216$118.1 45655


InvestmentNews qualified 2,172 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of May 1, 2018. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after Jan. 1, 2017, (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.

Source: InvestmentNews Data. Visit data.InvestmentNews.com/ria for more-complete profiles and financials. Contact the InvestmentNews data team at IN-data@investmentnews.com for more information.

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