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
USI ADVISORS institutional$56B+15%71$793M0.0%14
CITIGROUP GLOBAL MARKETS INC. BD affiliated$56B+19%2,420$23.1M74%77%24595
SAVANT WEALTH MANAGEMENT independent RIA$56B+71%400$139M88%68%5866
BEACON POINTE ADVISORS, LLC independent RIA$55B+38%469$117M90%88%63905
MAI CAPITAL MANAGEMENT, LLC independent RIA$52B+76%306$170M66%81%5130
MONETA GROUP INVESTMENT ADVISORS, LLC independent RIA$51B+18%255$198M92%96%3510
MESIROW FINANCIAL INVESTMENT MANAGEMENT, INC. mixed wealth$50B-3.9%92$548M26%100%153126
SEGAL MARCO ADVISORS institutional$50B+34%0.0%164
AE WEALTH MANAGEMENT, LLC BD affiliated$50B+33%463$108M99%39%275315
MARQUETTE ASSOCIATES, INC. other$47B+32%4$12B10%100%269
CONCORD ADVISORY GROUP LTD other$46B+23%0.1%100%2
PRIVATE ADVISOR GROUP, LLC BD affiliated$44B+19%922$48.1M96%53%152477
NEWEDGE ADVISORS BD affiliated$43B+58%602$71.8M92%72%81100
EQUITABLE ADVISORS, LLC national BD$42B+23%4,631$9.2M97%78%16886
CALLAN institutional$42B+11%0.0%6
D.A. DAVIDSON & CO. independent RIA$42B+16%699$59.9M90%63%97101
FOCUS ADVISOR SOLUTIONS, LLC independent RIA$41B+22%43$965M83%78%7731
CERITY PARTNERS RETIREMENT PLAN CONSULTANTS institutional$40B+112%82$491M0.0%34
TRUSTAGE INVESTMENT MANAGEMENT institutional$39B+5.9%21$1.9B0.0%2
PRIME CAPITAL FINANCIAL mixed wealth$39B+30%262$149M48%69%8488
WEALTHSPIRE RETIREMENT ADVISORY institutional$39B-67%145$266M6.4%68%4251
FIRST MANHATTAN CO. LLC BD affiliated$38B+11%65$586M89%98%9459
CREATIVE PLANNING INSTITUTIONAL ADVISORS, LLC institutional$38B-84%95$395M1.4%90%224
ROCKEFELLER CAPITAL MANAGEMENT BD affiliated$37B+13%347$106M62%93%175239
STEWARD PARTNERS INVESTMENT ADVISORY, LLC BD affiliated$37B+35%477$77.0M94%80%8787
OPPENHEIMER & CO. INC. BD affiliated$37B+13%1,155$31.8M62%25%32110
STRATEGIC INVESTMENT MANAGEMENT, LLC institutional$36B+20%1.2%100%126
AKSIA LLC other$35B+58%0.0%2
RUSSELL INVESTMENTS asset manager$35B+29%80$438M0.0%243
SANCTUARY ADVISORS, LLC BD affiliated$35B+26%403$86.5M88%74%4784
STANCORP INVESTMENT ADVISERS, INC. other$35B+2.7%76$454M14%2
WEALTHSPIRE ADVISORS independent RIA$34B+33%235$146M97%95%4127
ALLWORTH FINANCIAL, L.P. BD affiliated$34B+34%319$105M96%78%9036
BNY MELLON ADVISORS, INC. independent RIA$33B+40%14$2.4B94%25%8,8985
ADP STRATEGIC PLAN SERVICES, LLC institutional$32B+62%0.0%2
&PARTNERS independent RIA$30B+114%542$55.8M68%55%99123
ADVANCED CAPITAL GROUP institutional$30B+7.7%4$7.5B6.7%98%352
WAVERLY ADVISORS, LLC independent RIA$30B+85%223$134M71%82%584919
SAGE ADVISORY SERVICES LTD CO mixed wealth$28B+14%42$677M27%57%2961
THE BALDWIN GROUP WEALTH ADVISORS, LLC other$27B+30%47$580M2.4%67%256
WELLTH ADVISORY SERVICES, LLC institutional$27B+13%74$361M2.9%51%3332
ARAX ADVISORY PARTNERS BD affiliated$27B+303%233$114M92%87%653917
SUMMIT FINANCIAL, LLC BD affiliated$26B+50%231$114M89%64%77108
1919 INVESTMENT COUNSEL, LLC independent RIA$26B+8.6%30$868M76%95%1629
DAVENPORT & COMPANY LLC BD affiliated$25B+9.9%337$73.3M72%79%50303
UNITED CAPITAL FINANCIAL ADVISORS independent RIA$25B+43%164$150M84%53%15147
MERIT FINANCIAL ADVISORS BD affiliated$24B+126%283$84.4M75%63%7166
INTEGRATED WEALTH CONCEPTS LLC independent RIA$24B+25%478$49.3M97%70%61121
OXFORD FINANCIAL GROUP, LTD independent RIA$23B+19%50$467M59%100%12748
JOHNSON INVESTMENT COUNSEL, INC. independent RIA$23B+10%65$354M67%96%816
MPC CAPITAL ADVISORS, LLC institutional$23B+12%0.0%1
HIGHLAND CONSULTING ASSOCIATES INC. institutional$22B+8.4%3$7.3B1.4%99%151
HIGHLAND ASSOCIATES INC other$21B+4.2%2$10B0.0%24
FIDUCIARY COUNSELORS INC. institutional$20B+20%0.0%4
MEKETA FIDUCIARY MANAGEMENT, LLC institutional$20B+16%0.1%100%6
SUMMIT TRAIL ADVISORS, LLC independent RIA$20B-16%30$665M83%99%2117
BENJAMIN F. EDWARDS & COMPANY, INCORPORATED BD affiliated$19B+21%514$36.8M95%14%63101
BRIGHTON JONES LLC independent RIA$19B+26%160$118M94%99%22345
STRATOS WEALTH PARTNERS, LTD BD affiliated$19B+49%386$48.3M94%68%64171
STEPHENS BD affiliated$18B+16%244$74.0M79%71%8721
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878 practices match (Retirement plan adviser). 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.