RIA custodians · Form ADV filings, October 2025 to September 2026
TradePMR / Robinhood
The wealth-focused RIAs that custody with TradePMR / Robinhood: how many, how big, where they are and the largest of them. Every $1 billion+ RIA using TradePMR / Robinhood in the RIA database. News and coverage: TradePMR / Robinhood hub.
- RIAs using it
- 30 0% · 22nd of 23
- Assets held
- $9.6B 23rd of 23
- Median firm
- $267M 6 firms $1B+
- Only custodian
- 50% 15 firms
RIAs by size
Regulatory assets under management of each RIA naming TradePMR / Robinhood.
Largest independent RIAs using TradePMR / Robinhood
| # | Firm | Headquarters | Regulatory AUM | Held at TradePMR | Individual clients | Employees |
|---|---|---|---|---|---|---|
| 1 | CG Advisory ServicesSEC record | Williamston, MI | $4.6B | $0M | 4,898 | 136 |
| 2 | Blbb AdvisorsSEC record | Montgomeryville, PA | $3.3B | $350M | 1,520 | 32 |
| 3 | Parr McKnight Wealth Management GroupSEC record | Minneapolis, MN | $1.1B | $1.1B | 441 | 14 |
| 4 | Stewardship Advisors, LLCSEC record | Mount JOY, PA | $545M | $409M | 674 | 15 |
| 5 | Martin Wealth SolutionsSEC record | Christiansburg, VA | $377M | $196M | 896 | 10 |
| 6 | Worth AdvisorsSEC record | Charlotte, NC | $281M | $29M | 451 | 15 |
| 7 | Sterling Retirement Group of SacramentoSEC record | Roseville, CA | $253M | $236M | 503 | 4 |
| 8 | Munn Wealth Management, LLCSEC record | Maumee, OH | $242M | $155M | 714 | 10 |
| 9 | Forteris Wealth Management, Inc.SEC record | Armonk, NY | $219M | $219M | 175 | 3 |
| 10 | Renaud & Company, LLCSEC record | O'fallon, MO | $211M | $211M | 953 | 5 |
| 11 | Michael Traxler Wealth Management, LLCSEC record | New Prague, MN | $195M | $179M | 429 | 6 |
| 12 | Wealthnest Capital Inc.SEC record | Staten Island, NY | $35M | $34M | 78 | 2 |
Ranked by regulatory assets under management. “Held at” is the separately managed account assets each firm reports at TradePMR / Robinhood; many firms split assets across custodians.
Where they are
Also custody with
Questions
How many RIAs use TradePMR / Robinhood?
30 wealth-focused SEC-registered RIAs name TradePMR / Robinhood as a custodian on Form ADV, about 0% of those that report one, ranking it 22nd 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 TradePMR / Robinhood hold?
The RIAs that use TradePMR / Robinhood report $9.6B held there in separately managed accounts, 23rd among custodians. The median firm keeps $187M at TradePMR / Robinhood and manages $267M in all.
What is the largest RIA that uses TradePMR / Robinhood?
Among independent wealth managers, CG Advisory Services of Williamston, MI is the largest firm naming TradePMR / Robinhood, with $4.6B in regulatory assets under management, $0M of it reported at TradePMR / Robinhood.
Do RIAs that use TradePMR / Robinhood also use other custodians?
50% of them name TradePMR / Robinhood as their only custodian. The most common second custodian is Charles Schwab, named by 6 of TradePMR / Robinhood’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.