RIA custodians · Form ADV filings, October 2025 to September 2026
Goldman Sachs
The wealth-focused RIAs that custody with Goldman Sachs: how many, how big, where they are and the largest of them. Every $1 billion+ RIA using Goldman Sachs in the RIA database. News and coverage: Goldman Sachs hub.
- RIAs using it
- 92 1% · 13th of 23
- Assets held
- $32B 16th of 23
- Median firm
- $468M 24 firms $1B+
- Only custodian
- 29% 27 firms
RIAs by size
Regulatory assets under management of each RIA naming Goldman Sachs.
Largest independent RIAs using Goldman Sachs
| # | Firm | Headquarters | Regulatory AUM | Held at Goldman Sachs | Individual clients | Employees |
|---|---|---|---|---|---|---|
| 1 | Apollon Wealth Management, LLCSEC record | Mount Pleasant, SC | $12B | $1.7B | 8,310 | 199 |
| 2 | OnesevenSEC record | Beachwood, OH | $7.7B | $0M | 15,787 | 264 |
| 3 | Ashton Thomas Private WealthSEC record | Scottsdale, AZ | $6.0B | $549M | 3,181 | 93 |
| 4 | Legacy Knight MFO, LLCSEC record | Dallas, TX | $2.8B | $238M | 20 | 21 |
| 5 | Inscription Capital, LLCSEC record | Houston, TX | $2.0B | $285M | 414 | 20 |
| 6 | Palisades Hudson Asset Management, L.P.SEC record | Fort Lauderdale, FL | $1.8B | $429M | 138 | 14 |
| 7 | Azzad Asset Management, Inc.SEC record | Falls Church, VA | $1.8B | $1.0B | 1,494 | 18 |
| 8 | Evertern Wealth, LLCSEC record | Naples, FL | $1.6B | $1.5B | 233 | 12 |
| 9 | Sargent Investment GroupSEC record | Bethesda, MD | $1.5B | $1.3B | 396 | 18 |
| 10 | United Advisor GroupSEC record | Cincinnati, OH | $1.4B | $203M | 6,395 | 69 |
| 11 | Element Pointe Family OfficeSEC record | Miami, FL | $1.2B | $0M | 52 | 11 |
| 12 | Legacy Wealth Advisors, LLCSEC record | North Miami Beach, FL | $923M | $119M | 20 | 14 |
| 13 | Beverly Hills Private Wealth, LLCSEC record | Beverly Hills, CA | $912M | $904M | 234 | 10 |
| 14 | Net Worth Advisory Group, LLCSEC record | Sandy, UT | $838M | $475M | 862 | 20 |
| 15 | Fiduciary Family Office, LLCSEC record | Boca Raton, FL | $748M | $86M | 46 | 3 |
| 16 | Stone Temple Partners LLCSEC record | New York, NY | $669M | $219M | 6 | 11 |
| 17 | Darwin Wealth ManagementSEC record | Tampa, FL | $614M | $395M | 835 | 10 |
| 18 | Destiny Family OfficeSEC record | Tavares, FL | $605M | $261M | 62 | 7 |
| 19 | N10° WealthSEC record | Greenwich, CT | $553M | $489M | 127 | 5 |
| 20 | First Advisors National, LLCSEC record | Atlanta, GA | $506M | $491M | 4,858 | 65 |
| 21 | Valen Private Capital, LLC.SEC record | Paoli, PA | $483M | $483M | 77 | 3 |
| 22 | Cove Private Wealth, LLCSEC record | Oyster Bay, NY | $455M | $389M | 92 | 2 |
| 23 | Collaborative Capital Advisors LLCSEC record | New York, NY | $388M | $51M | 17 | 5 |
| 24 | Aventura Private Wealth, LLCSEC record | Aventura, FL | $375M | $344M | 178 | 5 |
| 25 | Camelot Portfolios, LLCSEC record | Maumee, OH | $272M | $51M | 662 | 7 |
Ranked by regulatory assets under management. “Held at” is the separately managed account assets each firm reports at Goldman Sachs; many firms split assets across custodians.
Where they are
Also custody with
Questions
How many RIAs use Goldman Sachs?
92 wealth-focused SEC-registered RIAs name Goldman Sachs as a custodian on Form ADV, about 1% of those that report one, ranking it 13th of the 23 custodians we track, according to Financial ADVSR’s review of filings from October 2025 to September 2026.
How much RIA money does Goldman Sachs hold?
The RIAs that use Goldman Sachs report $32B held there in separately managed accounts, 16th among custodians. The median firm keeps $150M at Goldman Sachs and manages $468M in all.
What is the largest RIA that uses Goldman Sachs?
Among independent wealth managers, Apollon Wealth Management, LLC of Mount Pleasant, SC is the largest firm naming Goldman Sachs, with $12B in regulatory assets under management, $1.7B of it reported at Goldman Sachs.
Do RIAs that use Goldman Sachs also use other custodians?
29% of them name Goldman Sachs as their only custodian. The most common second custodian is Charles Schwab, named by 44 of Goldman Sachs’s RIAs.
How we built this
Every SEC-registered adviser lists, in Schedule D, Section 5.K(3) of Form ADV, each custodian that holds 10% or more of its separately managed account assets, with the amount held. We took each adviser’s latest filing from October 2025 to September 2026 and kept the 9,157 wealth-focused firms, which manage at least half of their assets for individuals and high-net-worth clients; 8,572 of them report custodians. Custodian legal entities are grouped by parent, so Schwab’s entities count as one custodian and Fidelity’s RIA custody and clearing businesses as another. A custodian’s own affiliated advisers aren’t counted toward it. The firm counts match our RIA Custody Tracker.
Largest-firm tables show independent wealth managers only, the same test as the Largest RIAs: firms that offer financial planning, aren’t broker-dealers themselves and hold less than half their assets in wrap programs they sponsor or manage. Firm size and headquarters come from the SEC’s registered-adviser list.
What it doesn’t show
- Custodians holding less than 10% of a firm’s separately managed account assets aren’t listed, so smaller relationships are missed.
- Assets held cover separately managed accounts only, not pooled funds, and are as of each firm’s fiscal year-end.
- Broker-dealer clearing firms appear alongside RIA custodians because advisers list them the same way; Fidelity and Pershing pages show the split.
- State-registered advisers, most with under $100 million, aren’t in SEC data.
The data is free to use with credit to Financial ADVSR. Questions or corrections: contact the editors.