RIA custodians · Form ADV filings, October 2025 to September 2026
J.P. Morgan
The wealth-focused RIAs that custody with J.P. Morgan: how many, how big, where they are and the largest of them. Every $1 billion+ RIA using J.P. Morgan in the RIA database. News and coverage: J.P. Morgan hub.
- RIAs using it
- 109 1% · 10th of 23
- Assets held
- $57B 11th of 23
- Median firm
- $627M 42 firms $1B+
- Only custodian
- 13% 14 firms
RIAs by size
Regulatory assets under management of each RIA naming J.P. Morgan.
Largest independent RIAs using J.P. Morgan
| # | Firm | Headquarters | Regulatory AUM | Held at J.P. Morgan | Individual clients | Employees |
|---|---|---|---|---|---|---|
| 1 | CV Advisors LLCSEC record | Aventura, FL | $15B | $4.9B | 145 | 82 |
| 2 | Circle Wealth Management, LLCSEC record | Summit, NJ | $14B | $1.8B | 349 | 23 |
| 3 | Miller Investment Management, LPSEC record | West Conshohocken, PA | $7.1B | $5.2B | 155 | 18 |
| 4 | The Bollard Group LLCSEC record | Boston, MA | $6.7B | $1.3B | 14 | 29 |
| 5 | Aspen Grove Capital, LLCSEC record | Avon, CO | $6.7B | $679M | 40 | 22 |
| 6 | Greycourt & Co., Inc.SEC record | Pittsburgh, PA | $6.6B | $762M | 36 | 37 |
| 7 | Stelac Advisory Services LLCSEC record | New York, NY | $6.3B | $1.5B | 98 | 21 |
| 8 | GentrustSEC record | Miami, FL | $5.2B | $1.3B | 264 | 40 |
| 9 | BT Family Office, LLCSEC record | Atlanta, GA | $4.0B | $517M | 10 | 7 |
| 10 | Vernal Point Advisors, LLCSEC record | SAN Francisco, CA | $3.9B | $1.2B | 18 | 25 |
| 11 | Mozaic, LLCSEC record | Beverly Hills, CA | $3.6B | $1.4B | 86 | 14 |
| 12 | Elm WealthSEC record | Philadelphia, PA | $3.0B | $223M | 644 | 9 |
| 13 | Mmbg Investment Advisors Co.SEC record | Miami, FL | $3.0B | $834M | 137 | 14 |
| 14 | Cordoba Advisory Partners LLCSEC record | New York, NY | $2.8B | $578M | 57 | 11 |
| 15 | Foster Dykema Cabot & Partners, LLCSEC record | Waltham, MA | $2.2B | $375M | 796 | 21 |
| 16 | Bulltick Wealth Management, LLCSEC record | Miami, FL | $1.9B | $385M | 280 | 62 |
| 17 | Citrin Cooperman Wealth Management, LLCSEC record | New York, NY | $1.7B | $238M | 51 | 9 |
| 18 | Sierra Capital LLCSEC record | Miami, FL | $1.6B | $253M | 76 | 8 |
| 19 | Activest Wealth Management, LLCSEC record | Aventura, FL | $1.5B | $149M | 530 | 22 |
| 20 | Greenline PartnersSEC record | New York, NY | $1.4B | $636M | 59 | 5 |
| 21 | Fifth Avenue Family OfficeSEC record | Naples, FL | $1.4B | $353M | 9 | 7 |
| 22 | MG Financial LLCSEC record | Braintree, MA | $1.1B | $300M | 115 | 9 |
| 23 | Legacy Wealth Advisors, LLCSEC record | North Miami Beach, FL | $923M | $213M | 20 | 14 |
| 24 | Alti Wealth Management (US International), Inc.SEC record | Coral Gables, FL | $691M | $111M | 36 | 10 |
| 25 | Kitching Partners, LLCSEC record | Conshohocken, PA | $646M | $186M | 119 | 19 |
Ranked by regulatory assets under management. “Held at” is the separately managed account assets each firm reports at J.P. Morgan; many firms split assets across custodians.
Where they are
Also custody with
Questions
How many RIAs use J.P. Morgan?
109 wealth-focused SEC-registered RIAs name J.P. Morgan as a custodian on Form ADV, about 1% of those that report one, ranking it 10th 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 J.P. Morgan hold?
The RIAs that use J.P. Morgan report $57B held there in separately managed accounts, 11th among custodians. The median firm keeps $130M at J.P. Morgan and manages $627M in all.
What is the largest RIA that uses J.P. Morgan?
Among independent wealth managers, CV Advisors LLC of Aventura, FL is the largest firm naming J.P. Morgan, with $15B in regulatory assets under management, $4.9B of it reported at J.P. Morgan.
Do RIAs that use J.P. Morgan also use other custodians?
13% of them name J.P. Morgan as their only custodian. The most common second custodian is Charles Schwab, named by 40 of J.P. Morgan’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.