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.
| Firm | RAUM | 1y | Advisors | Per advisor | Private clients | HNW of private | Clients / advisor | Offices | Funds |
|---|---|---|---|---|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED wirehouse | $1782B | +40% | 25,466 | $70.0M | 86% | 80% | 70 | 3,911 | |
| MANAGED ACCOUNT ADVISORS LLC independent RIA | $995B | +20% | 26 | $38B | 90% | 72% | 54,369 | 1 | |
| LPL FINANCIAL LLC BD affiliated | $819B | +32% | 23,335 | $35.1M | 96% | 70% | 84 | 20,865 | |
| PARAMETRIC PORTFOLIO ASSOCIATES BD affiliated | $685B | +19% | 7 | $98B | 56% | 83% | 32,847 | 6 | 12 |
| WELLS FARGO ADVISORS wirehouse | $671B | +11% | 14,705 | $45.7M | 92% | 80% | 88 | 5,039 | |
| AMERIPRISE FINANCIAL SERVICES, LLC national BD | $660B | +17% | 13,083 | $50.5M | 98% | 57% | 105 | 159 | |
| RAYMOND JAMES & ASSOCIATES, INC. national BD | $501B | +15% | 5,786 | $86.6M | 81% | 71% | 89 | 818 | |
| J.P. MORGAN PRIVATE INVESTMENTS INC. BD affiliated | $470B | +25% | 9 | $52B | 66% | 51% | 140,293 | 6 | 75 |
| J.P. MORGAN SECURITIES LLC wirehouse | $430B | +22% | 14,162 | $30.3M | 91% | 64% | 87 | 3,567 | |
| RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC BD affiliated | $390B | +13% | 6,703 | $58.2M | 89% | 67% | 74 | 3,630 | |
| FISHER INVESTMENTS independent RIA | $387B | +29% | 2,956 | $131M | 86% | 85% | 67 | 12 | 4 |
| CREATIVE PLANNING independent RIA | $296B | +36% | 1,166 | $253M | 62% | 89% | 75 | 151 | 5 |
| WELLS FARGO ADVISORS wirehouse | $252B | +28% | 4,144 | $60.9M | 93% | 78% | 110 | 1,339 | |
| COMMONWEALTH FINANCIAL NETWORK national BD | $213B | +1.4% | 2,926 | $72.7M | 95% | 54% | 122 | 1,434 | |
| HIGHTOWER ADVISORS, LLC BD affiliated | $199B | +52% | 1,045 | $190M | 90% | 88% | 60 | 133 | |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED national BD | $198B | +15% | 3,343 | $59.1M | 90% | 77% | 69 | 518 | |
| CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC. BD affiliated | $139B | +35% | 3,939 | $35.2M | 97% | 52% | 90 | 2,340 | |
| RATHBONES independent RIA | $135B | +102% | 64% | 66% | 19 | ||||
| JANNEY MONTGOMERY SCOTT LLC BD affiliated | $110B | +9.2% | 1,340 | $82.2M | 89% | 78% | 179 | 139 | |
| NATIXIS ADVISORS, LLC BD affiliated | $109B | +27% | 57 | $1.9B | 90% | 75% | 1,974 | 4 | |
| ROCKEFELLER CAPITAL MANAGEMENT BD affiliated | $100B | +42% | 1,033 | $96.4M | 82% | 84% | 46 | 68 | |
| KESTRA ADVISORY SERVICES, LLC BD affiliated | $80B | +33% | 1,446 | $55.2M | 89% | 66% | 80 | 545 | |
| TRUIST ADVISORY SERVICES, INC. BD affiliated | $77B | +14% | 1,980 | $39.1M | 91% | 67% | 64 | 2,882 | |
| CIBC PRIVATE WEALTH ADVISORS, INC. BD affiliated | $68B | +11% | 173 | $392M | 66% | 78% | 47 | 17 | |
| ORION PORTFOLIO SOLUTIONS, LLC BD affiliated | $65B | +12% | 200 | $324M | 60% | 50% | 927 | 2 | |
| WILLIAM BLAIR & COMPANY L.L.C. BD affiliated | $64B | +10% | 329 | $195M | 82% | 86% | 107 | 12 | 21 |
| CITIGROUP GLOBAL MARKETS INC. BD affiliated | $56B | +19% | 2,419 | $23.2M | 74% | 77% | 24 | 595 | |
| SAVANT WEALTH MANAGEMENT independent RIA | $56B | +71% | 399 | $139M | 88% | 68% | 58 | 66 | |
| BEACON POINTE ADVISORS, LLC independent RIA | $55B | +38% | 470 | $117M | 90% | 88% | 63 | 90 | 5 |
| BRECKINRIDGE CAPITAL ADVISORS INC independent RIA | $54B | +6.5% | 29 | $1.9B | 63% | 86% | 564 | 2 | |
| MAI CAPITAL MANAGEMENT, LLC independent RIA | $52B | +76% | 306 | $170M | 66% | 81% | 51 | 30 | 33 |
| PRIVATE ADVISOR GROUP, LLC BD affiliated | $44B | +19% | 922 | $48.1M | 96% | 53% | 152 | 477 | |
| NEWEDGE ADVISORS BD affiliated | $43B | +58% | 601 | $71.9M | 92% | 72% | 81 | 100 | |
| EQUITABLE ADVISORS, LLC national BD | $42B | +23% | 4,630 | $9.2M | 97% | 78% | 16 | 886 | |
| D.A. DAVIDSON & CO. independent RIA | $42B | +16% | 700 | $59.8M | 90% | 63% | 97 | 101 | |
| FOCUS ADVISOR SOLUTIONS, LLC independent RIA | $41B | +22% | 43 | $965M | 83% | 78% | 773 | 1 | |
| BMO PRIVATE INVESTMENT COUNSEL INC. independent RIA | $40B | +12% | 58% | 75% | 33 | ||||
| ADVICE AND PLANNING SERVICES BD affiliated | $38B | +10% | 1,670 | $22.7M | 100% | 78% | 43 | 144 | |
| STEWARD PARTNERS INVESTMENT ADVISORY, LLC BD affiliated | $37B | +35% | 473 | $77.7M | 94% | 80% | 88 | 87 | |
| CLARK CAPITAL MANAGEMENT GROUP INC BD affiliated | $36B | +17% | 1 | $36B | 70% | 55% | 35,290 | 1 | |
| SANCTUARY ADVISORS, LLC BD affiliated | $35B | +26% | 403 | $86.5M | 88% | 74% | 47 | 84 | |
| ALLWORTH FINANCIAL, L.P. BD affiliated | $34B | +34% | 318 | $106M | 96% | 78% | 91 | 36 | |
| SEQUOIA FINANCIAL GROUP, L.L.C. independent RIA | $32B | +40% | 259 | $124M | 93% | 83% | 43 | 39 | 17 |
| &PARTNERS independent RIA | $30B | +114% | 541 | $55.9M | 68% | 55% | 100 | 123 | |
| WAVERLY ADVISORS, LLC independent RIA | $30B | +85% | 224 | $133M | 71% | 82% | 58 | 49 | 19 |
| ARAX ADVISORY PARTNERS BD affiliated | $27B | +303% | 232 | $114M | 92% | 87% | 65 | 39 | 17 |
| SUMMIT FINANCIAL, LLC BD affiliated | $26B | +50% | 231 | $114M | 89% | 64% | 77 | 108 | |
| LPL ENTERPRISE, LLC BD affiliated | $25B | +32% | 3,125 | $8.0M | 98% | 52% | 33 | 1,141 | |
| DAVENPORT & COMPANY LLC BD affiliated | $25B | +9.9% | 337 | $73.3M | 72% | 79% | 50 | 30 | 3 |
| UNITED CAPITAL FINANCIAL ADVISORS independent RIA | $25B | +43% | 164 | $150M | 84% | 53% | 151 | 47 | |
| BELLE HAVEN INVESTMENTS, L.P. independent RIA | $24B | +14% | 20 | $1.2B | 84% | 59% | 1,332 | 1 | 1 |
| MERIT FINANCIAL ADVISORS BD affiliated | $24B | +126% | 283 | $84.4M | 75% | 63% | 71 | 66 | |
| INTEGRATED WEALTH CONCEPTS LLC independent RIA | $24B | +25% | 477 | $49.4M | 97% | 70% | 61 | 121 | |
| SEIA BD affiliated | $23B | +20% | 140 | $161M | 96% | 78% | 68 | 26 | |
| THRIVENT INVESTMENT MANAGEMENT INC. BD affiliated | $21B | +19% | 3,163 | $6.6M | 98% | 56% | 39 | 1,227 | |
| PARK AVENUE SECURITIES LLC BD affiliated | $20B | +31% | 1,909 | $10.3M | 95% | 51% | 42 | 544 | |
| STRATOS WEALTH PARTNERS, LTD BD affiliated | $19B | +49% | 386 | $48.3M | 94% | 68% | 64 | 171 | |
| STEPHENS BD affiliated | $18B | +16% | 244 | $74.0M | 79% | 71% | 87 | 21 | |
| INDEPENDENT ADVISOR ALLIANCE, LLC independent RIA | $17B | +22% | 303 | $56.9M | 95% | 73% | 139 | 141 | |
| INDEPENDENT FINANCIAL PARTNERS BD affiliated | $16B | +30% | 317 | $51.4M | 73% | 71% | 166 | 172 |
Page 1 of 79Next
4,725 practices match (HNW wealth manager). 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.