DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Practices

What each practice looks like, from what it filed

A practice archetype is a rule over Form ADV answers (client mix, assets, advisors, offices, affiliations, activities, Schedule A owners), printed on every firm page beside the label; a firm can carry several. The operating metrics are derived from reported fields with the formula shown on the firm page. Nothing here estimates an advisor’s book or a firm’s revenue.

FirmRAUM1yAdvisorsPer advisorPrivate clientsHNW of privateClients / advisorOfficesFunds
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED wirehouse$1782B+40%25,466$70.0M86%80%703,911
NORTHERN TRUST INVESTMENTS, INCORPORATED asset manager$1245B+12%32$39B8.3%91%1,10299
MELLON INVESTMENTS CORPORATION asset manager$874B+14%2.2%100%4
U.S. BANCORP ASSET MANAGEMENT, INC. asset manager$427B+6.1%0.0%511
BNY MELLON INVESTMENT ADVISER, INC. asset manager$419B+15%0.0%65
RBC CAPITAL MARKETS, LLC national BD$310B+19%3,841$80.8M90%35%72383
DWS INTERNATIONAL GMBH asset manager$229B+28%80$2.9B0.0%9
SBI FUNDS MANAGEMENT LIMITED institutional$220B+11%0.1%100%1
NORTHERN TRUST GLOBAL INVESTMENTS LTD asset manager$208B+10%0.0%1
DWS INVESTMENT MANAGEMENT AMERICAS, INC. other$200B+3.4%0.0%100%64
RBC GLOBAL ASSET MANAGEMENT (UK) LIMITED asset manager$178B+29%0.1%17
INSIGHT INVESTMENT other$171B+22%3.2%100%4
CIBC GLOBAL ASSET MANAGEMENT asset manager$163B+15%5$33B2.8%100%1,58119
ICICI ASSET MANAGEMENT asset manager$117B+39%2.1%2
RBC GLOBAL ASSET MANAGEMENT (U.S.) INC. asset manager$104B+37%1$104B0.1%25%72414
WALTER SCOTT & PARTNERS LIMITED other$67B-15%1$67B0.0%2
NEWTON INVESTMENT MANAGEMENT NORTH AMERICA asset manager$59B+25%11$5.4B0.0%4
CATALYST STRATEGIC SOLUTIONS other$52B+6.4%0.0%1
PNC CAPITAL ADVISORS LLC other$51B+20%17$3.0B0.0%5
BESSEMER INVESTMENT MANAGEMENT LLC asset manager$47B+4.1%0.0%1
NEWTON INVESTMENT MANAGEMENT LTD asset manager$42B+8.1%0.0%1
RREEF AMERICA L.L.C. asset manager$34B+17%0.0%1021
SVB ASSET MANAGEMENT other$32B-2.0%8$4.0B0.0%8
PNC WEALTH MANAGEMENT BD affiliated$30B+14%1,159$26.1M97%18%139595
EPOCH INVESTMENT PARTNERS, INC. asset manager$30B-10%1$30B6.4%100%31
DBX ADVISORS LLC asset manager$29B+16%0.0%1
DWS ALTERNATIVES GLOBAL LIMITED asset manager$25B+48%0.0%17
HIGHLAND ASSOCIATES INC other$21B+4.2%2$10B0.0%24
REGIONS INVESTMENT MANAGEMENT, INC. other$20B+7.6%4$5.0B0.0%2
KOTAK ALTERNATE ASSET MANAGERS LIMITED mixed wealth$19B2$9.3B37%100%45
WILMINGTON TRUST INVESTMENT ADVISORS, INC. other$18B+2.3%18$991M0.2%100%016
BOSERA ASSET MANAGEMENT (INTERNATIONAL) CO., LIMITED asset manager$17B+27%0.0%1
CITIZENS PRIVATE WEALTH BD affiliated$17B+28%92$181M94%100%26
3G CAPITAL PARTNERS LP asset manager$16B+31%0.0%15
WILMINGTON FUNDS MANAGEMENT CORPORATION asset manager$16B+11%0.0%2
CITIZENS SECURITIES, INC. BD affiliated$13B+40%787$16.4M98%2.9%76994
BNY MELLON ETF INVESTMENT ADVISER, LLC asset manager$11B+53%0.0%3
FIFTH THIRD SECURITIES, INC. BD affiliated$11B+20%1,006$10.9M98%23%461,118
TD PRIVATE CLIENT WEALTH LLC BD affiliated$8.6B+28%529$16.2M80%55%48222
BNY MELLON SECURITIES CORPORATION other$8.4B+18%63$134M15%33%516
STARBOARD VALUE LP asset manager$8.2B-9.9%0.0%2
RBC PRIVATE COUNSEL (USA) INC. BD affiliated$7.9B+16%306$25.8M84%75%19132
FIFTH THIRD WEALTH ADVISORS LLC mixed wealth$7.8B+28%63$124M43%89%23133
FIRST NATIONAL ADVISERS, LLC mixed wealth$7.4B+12%29$254M23%86%385
SMITH SHELLNUT WILSON other$6.9B-14%12$577M6.8%82%206
MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT, LLC asset manager$6.6B-3.4%0.0%32
GLENMEDE INVESTMENT MANAGEMENT, LP mixed wealth$6.2B-12%6$1.0B28%100%1531
BMO ASSET MANAGEMENT CORP. other$6.2B+19%1$6.2B0.0%116
FROST INVESTMENT ADVISORS, LLC asset manager$5.4B+5.5%27$199M0.0%1
LINSCOMB WEALTH, INC. independent RIA$5.2B+14%21$248M97%95%787
DWS INVESTMENTS HONG KONG LIMITED asset manager$5.1B+112%0.0%1
GULF INTERNATIONAL BANK (UK) LIMITED institutional$5.0B-18%0.0%11
SOUTHSTATE PRIVATE CAPITAL MANAGEMENT LLC other$5.0B+222%29$171M17%79%1911
CIDEL ASSET MANAGEMENT INC mixed wealth$4.8B+13%30%82%1
KOTAK MAHINDRA ASSET MANAGEMENT (SINGAPORE) PTE. LTD. asset manager$4.7B+82%0.0%16
BEACON TRUST independent RIA$4.4B+2.1%30$148M93%78%945
NICOLET WEALTH MANAGEMENT independent RIA$4.3B+12%46$93.3M65%74%8214
TEXAS CAPITAL BANK PRIVATE WEALTH ADVISORS independent RIA$4.2B+25%55$76.2M52%100%96
ESSEX FINANCIAL SERVICES, INC. independent RIA$4.2B+29%33$126M83%83%844
ALKEN ASSET MANAGEMENT LTD asset manager$3.8B1.8%100%1
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163 practices match (Bank affiliated). Derived columns: RAUM over IAPD advisors, individual and HNW RAUM over total, HNW RAUM over private-client RAUM, private clients over advisors, Item 1.F.5 offices plus one.