Top fee-only RIAs with 500+ financial planning clients

Rank Firm Total assets ($M) Total accounts Discretionary assets ($M) Discretionary accounts Nondiscretionary…

Rank	Firm	Total assets ($M)	Total accounts	Discretionary assets ($M)	Discretionary accounts	Nondiscretionary assets ($M)	Nondiscretionary accounts	Financial planning clients
1	Ronald Blue & Co. LLC	$7,296.3	16,202	$6,422.2	15,917	$874.1	285	2,000
2	Johnson Investment Counsel Inc.	$7,234.8	8,083	$7,234.8	8,083	$0.0	0	3,000
3	KLS Professional Advisors Group LLC	$4,915.7	8,260	$4,224.4	5,760	$691.3	2,500	1,000
4	Mercer Global Advisors Inc.	$4,261.0	15,096	$4,162.6	13,886	$98.4	1,210	3,800
5	Wetherby Asset Management	$3,392.5	2,803	$3,231.7	2,723	$160.9	80	500
6	Savant Capital Management	$2,910.0	2,849	$2,881.1	2,848	$28.8	1	1,500
7	RMB Capital Management	$2,657.4	9,576	$2,383.3	8,134	$274.1	1,442	1,000
8	Homrich Berg	$2,565.0	4,096	$2,078.7	3,951	$486.3	145	800
9	Bingham, Osborn & Scarborough LLC	$2,454.1	2,834	$2,141.8	2,572	$312.3	262	1,000
10	Regentatlantic	$2,330.0	1,510	$2,305.0	1,310	$25.0	200	1,000
11	Balasa Dinverno Foltz LLC	$2,305.6	3,641	$2,183.6	3,592	$122.0	49	1,000
12	R.M. Davis Inc.	$2,274.4	3,597	$2,260.1	3,589	$14.3	8	1,000
13	Atherton Lane Advisers LLC	$2,268.9	686	$2,120.2	669	$148.6	17	700
14	Inverness Counsel LLC	$2,249.6	1,029	$2,181.4	872	$68.2	157	1,200
15	Plancorp LLC	$1,877.9	4,153	$1,868.3	4,129	$9.6	24	700
16	Brighton Jones LLC	$1,832.8	705	$1,765.1	703	$67.7	2	700
17	Jmg Financial Group Ltd.	$1,532.7	1,896	$1,462.7	1,782	$69.9	114	500
18	Mainstay Capital Management LLC	$1,400.5	3,426	$1,400.5	3,426	$0.0	0	2,500
19	EP Wealth Advisors	$1,345.0	3,849	$1,240.0	3,558	$105.0	291	1,000
20	Parsec Financial Management Inc.	$1,283.2	4,022	$1,183.4	3,809	$99.8	213	1,000
21	Fort Pitt Capital Group Inc.	$1,235.5	2,551	$1,229.2	2,492	$6.3	59	1,300
22	TCI Wealth Advisors, Inc.	$1,221.7	4,611	$1,218.8	4,576	$2.9	35	1,000
23	Valeo Financial Advisors LLC	$1,180.3	2,643	$19.5	34	$1,160.8	2,609	700
24	Cain, Watters & Associates PLLC	$1,166.8	4,970	$0.0	0	$1,166.8	4,970	1,400
25	Pinnacle Advisory Group Inc.	$1,029.1	2,639	$1,029.1	2,639	$0.0	0	700
*Rankings are based on unrounded figures. Based on the 50 largest fee-only RIAs with over 500 financial planning clients. InvestmentNews qualified firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of May 1. To qualify, firms must have met the following criteria: (1) Latest ADV filing date is either on or after Jan. 1, 2012. (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 regulatory assets under management is attributable to pooled investment vehicles (other than investment companies). (6) No more than 25% of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants). (7) No more than 25% 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) nor one who is an insurance company or agency. Visit data.investmentnews.com/ria for more-complete profiles and financials. Contact the InvestmentNews Data team at [email protected] for more information.