Financial ADVSR data · Form ADV, fiscal 2024 vs. 2025
The Fastest-Growing RIAs
Independent wealth managers with $1 billion or more, ranked by one-year growth in regulatory assets, from their annual Form ADV updates.
Arax Advisory Partners grew +303%, to $11B. The median $1 billion-plus independent RIA grew +17%; much of that was the market.
Top 100 by growth
Download CSV| # | Firm | Headquarters | 2024 AUM | 2025 AUM | Growth | Individual clients | Employees |
|---|---|---|---|---|---|---|---|
| 1 | Arax Advisory PartnersSEC record | New York, NY | $2.8B | $11B | +303% | 15,155 | 361 |
| 2 | SavvySEC record | New York, NY | $1.3B | $5.0B | +286% | 4,552 | 170 |
| 3 | Alphacore Capital LLCSEC record | La Jolla, CA | $3.0B | $9.0B | +201% | 3,985 | 124 |
| 4 | GC Wealth Management RIA, LLCSEC record | Cambridge, MA | $2.2B | $5.8B | +171% | 247 | 44 |
| 5 | Arkadios Wealth AdvisorsSEC record | Atlanta, GA | $3.9B | $8.8B | +128% | 14,320 | 188 |
| 6 | Apella WealthSEC record | West Hartford, CT | $4.7B | $9.8B | +107% | 8,139 | 179 |
| 7 | LRI InvestmentsSEC record | Palm Beach Gardens, FL | $1.4B | $2.8B | +98% | 477 | 35 |
| 8 | Root Financial PartnersSEC record | Austin, TX | $1.1B | $2.1B | +94% | 852 | 65 |
| 9 | Focus Partners Wealth, LLCSEC record | St. Louis, MO | $96B | $182B | +90% | 61,002 | 1,915 |
| 10 | BFC Planning, Inc.SEC record | Cedar Rapids, IA | $2.0B | $3.8B | +90% | 11,327 | 200 |
| 11 | Legacy Knight MFO, LLCSEC record | Dallas, TX | $1.5B | $2.8B | +89% | 20 | 21 |
| 12 | Waverly Advisors, LLCSEC record | Birmingham, AL | $16B | $30B | +85% | 12,923 | 414 |
| 13 | Modern Wealth Management, LLCSEC record | Kansas City, MO | $6.1B | $11B | +77% | 11,524 | 253 |
| 14 | MAI Capital Management, LLCSEC record | Cleveland, OH | $30B | $52B | +76% | 15,740 | 562 |
| 15 | Greenspring Advisors, LLCSEC record | Towson, MD | $3.8B | $6.5B | +71% | 1,697 | 68 |
| 16 | New England Private Wealth Advisors, LLCSEC record | Wellesley, MA | $3.0B | $5.1B | +70% | 376 | 21 |
| 17 | NWF Advisory Services IncSEC record | LOS Angeles, CA | $3.8B | $6.4B | +68% | 11,433 | 111 |
| 18 | JFG Family OfficeSEC record | Denver, CO | $2.7B | $4.5B | +65% | 162 | 62 |
| 19 | CW Advisors, LLCSEC record | Boston, MA | $9.3B | $15B | +64% | 6,426 | 152 |
| 20 | Diversify Wealth Management, LLCSEC record | South Jordan, UT | $2.5B | $4.1B | +63% | 4,719 | 95 |
| 21 | HB WealthSEC record | Atlanta, GA | $19B | $30B | +62% | 4,808 | 325 |
| 22 | Earned Wealth Advisors, LLCSEC record | Walnut Creek, CA | $1.9B | $3.1B | +62% | 1,461 | 35 |
| 23 | Balefire, LLCSEC record | Dallas, TX | $1.2B | $2.0B | +61% | 1,757 | 38 |
| 24 | IEQ Capital, LLCSEC record | Foster City, CA | $35B | $57B | +60% | 2,300 | 266 |
| 25 | Compound Planning, Inc.SEC record | New York, NY | $3.0B | $4.8B | +60% | 11,480 | 119 |
| 26 | OnesevenSEC record | Beachwood, OH | $4.8B | $7.7B | +59% | 15,787 | 264 |
| 27 | LNWSEC record | Seattle, WA | $7.7B | $12B | +59% | 1,079 | 169 |
| 28 | Aprio Wealth Management, LLCSEC record | Atlanta, GA | $2.6B | $4.2B | +58% | 1,592 | 55 |
| 29 | LCP Institutional, LLCSEC record | Atlanta, GA | $2.0B | $3.2B | +57% | 119 | 8 |
| 30 | BIP Wealth, LLCSEC record | Atlanta, GA | $3.4B | $5.3B | +57% | 3,108 | 88 |
| 31 | Cetera Planning PartnersSEC record | Leawood, KS | $2.7B | $4.2B | +57% | 4,748 | 78 |
| 32 | FacetSEC record | West Palm Beach, FL | $3.9B | $6.0B | +56% | 14,741 | 238 |
| 33 | Advocacy Wealth Management, LLCSEC record | Atlanta, GA | $2.1B | $3.2B | +56% | 1,658 | 36 |
| 34 | CS Planning CorpSEC record | Portland, OR | $1.3B | $2.0B | +55% | 4,190 | 60 |
| 35 | Stelac Advisory Services LLCSEC record | New York, NY | $4.1B | $6.3B | +55% | 98 | 21 |
| 36 | Kingswood Wealth Advisors, LLCSEC record | SAN Diego, CA | $2.5B | $3.8B | +54% | 11,259 | 88 |
| 37 | C2 Private WealthSEC record | Novi, MI | $1.2B | $1.8B | +54% | 2,056 | 16 |
| 38 | Callan Family Office, LLCSEC record | Radnor, PA | $6.7B | $10B | +53% | 170 | 49 |
| 39 | T. Rowe Price Advisory Services, Inc.SEC record | Owings Mills, MD | $3.9B | $5.9B | +53% | 13,517 | 92 |
| 40 | A16z Perennial Management, L.P.SEC record | Menlo Park, CA | $1.8B | $2.7B | +51% | 56 | 26 |
| 41 | Caliber Wealth Management, LLCSEC record | Overland Park, KS | $1.2B | $1.8B | +51% | 1,668 | 24 |
| 42 | Apollon Wealth Management, LLCSEC record | Mount Pleasant, SC | $7.7B | $12B | +50% | 8,310 | 199 |
| 43 | CWM, LLCSEC record | Omaha, NE | $34B | $51B | +50% | 52,263 | 1,416 |
| 44 | Americana Partners, LLCSEC record | Houston, TX | $6.1B | $9.1B | +50% | 1,627 | 86 |
| 45 | Castle Rock Advisors LLCSEC record | Boston, MA | $1.6B | $2.4B | +49% | 37 | 33 |
| 46 | Elm WealthSEC record | Philadelphia, PA | $2.0B | $3.0B | +49% | 644 | 9 |
| 47 | Strategic Wealth GroupSEC record | Eden Prairie, MN | $1.0B | $1.5B | +48% | 3,524 | 23 |
| 48 | SAX Wealth Advisors, LLCSEC record | Parsippany, NJ | $2.4B | $3.6B | +47% | 1,596 | 39 |
| 49 | KrilogySEC record | St. Louis, MO | $3.5B | $5.2B | +47% | 3,061 | 103 |
| 50 | Rossmore Private Capital, LLCSEC record | Glastonbury, CT | $1.3B | $1.9B | +46% | 253 | 10 |
| 51 | LidoSEC record | LOS Angeles, CA | $29B | $43B | +46% | 13,043 | 437 |
| 52 | Versant Capital Management, Inc.SEC record | Phoenix, AZ | $1.2B | $1.8B | +46% | 466 | 26 |
| 53 | Carnegie Investment CounselSEC record | Pepper Pike, OH | $5.2B | $7.5B | +46% | 3,056 | 69 |
| 54 | Signal Advisors Wealth, LLCSEC record | Detroit, MI | $1.2B | $1.7B | +45% | 4,816 | 37 |
| 55 | Wedmont Private CapitalSEC record | West Chester, PA | $2.4B | $3.4B | +45% | 496 | 16 |
| 56 | Diversify Advisory Services, LLCSEC record | South Jordan, UT | $3.2B | $4.6B | +45% | 5,200 | 206 |
| 57 | Fort Point Capital Partners LLCSEC record | SAN Francisco, CA | $2.0B | $2.9B | +45% | 431 | 32 |
| 58 | Roble, Belko and Company, Inc.SEC record | Sewickley, PA | $1.1B | $1.6B | +44% | 233 | 9 |
| 59 | Soltis Investment Advisors, LLCSEC record | St. George, UT | $8.4B | $12B | +44% | 5,113 | 121 |
| 60 | Activest Wealth Management, LLCSEC record | Aventura, FL | $1.0B | $1.5B | +44% | 530 | 22 |
| 61 | Vernal Point Advisors, LLCSEC record | SAN Francisco, CA | $2.7B | $3.9B | +44% | 18 | 25 |
| 62 | Aptus Capital Advisors, LLCSEC record | Fairhope, AL | $9.9B | $14B | +43% | 12,693 | 40 |
| 63 | Sovran Advisors, LLCSEC record | SAN Diego, CA | $1.3B | $1.9B | +43% | 3,918 | 64 |
| 64 | United Capital Financial AdvisorsSEC record | Irving, TX | $17B | $25B | +43% | 24,837 | 289 |
| 65 | GDS Wealth ManagementSEC record | Flower Mound, TX | $1.3B | $1.8B | +43% | 1,078 | 38 |
| 66 | Point Olema Capital Partners, L.P.SEC record | SAN Francisco, CA | $2.0B | $2.9B | +42% | 17 | 9 |
| 67 | Cambridge Associates Limited, LLCSEC record | Boston, MA | $5.8B | $8.2B | +42% | 20 | 15 |
| 68 | Shade Tree Advisors LLCSEC record | Saratoga Springs, NY | $1.0B | $1.5B | +42% | 31 | 66 |
| 69 | PCM Encore, LLCSEC record | Aspen, CO | $1.2B | $1.7B | +41% | 175 | 18 |
| 70 | Composition Wealth, LLCSEC record | LOS Angeles, CA | $6.7B | $9.5B | +41% | 3,760 | 128 |
| 71 | MCF Advisors, LLCSEC record | Lexington, KY | $3.3B | $4.7B | +41% | 3,440 | 55 |
| 72 | Foundations Investment Advisors LLCSEC record | Phoenix, AZ | $7.2B | $10B | +41% | 29,615 | 353 |
| 73 | Axxcess Wealth Management, LLCSEC record | Carlsbad, CA | $6.3B | $8.9B | +40% | 9,558 | 72 |
| 74 | Antolino Wealth AdvisorsSEC record | Columbus, OH | $1.0B | $1.4B | +40% | 944 | 31 |
| 75 | Abound Wealth Management, LLCSEC record | Franklin, TN | $1.4B | $1.9B | +40% | 914 | 41 |
| 76 | Mercer Global Advisors Inc.SEC record | Denver, CO | $60B | $84B | +40% | 35,044 | 1,429 |
| 77 | Sequoia Financial Group, L.L.C.SEC record | Akron, OH | $23B | $32B | +40% | 11,064 | 424 |
| 78 | Clearstead; Clearstead Advisory SolutionsSEC record | Cleveland, OH | $24B | $34B | +39% | 4,311 | 280 |
| 79 | Kathmere Capital Management, LLCSEC record | Wayne, PA | $2.5B | $3.5B | +39% | 750 | 24 |
| 80 | Wealthplan Investment Management LLCSEC record | Omaha, NE | $1.6B | $2.2B | +39% | 2,068 | 34 |
| 81 | Mission Wealth Management, LPSEC record | Santa Barbara, CA | $10B | $14B | +39% | 5,299 | 220 |
| 82 | RFG Advisory, LLCSEC record | Vestavia Hills, AL | $4.9B | $6.8B | +38% | 17,207 | 360 |
| 83 | Freestone Capital Management, LLCSEC record | Seattle, WA | $11B | $15B | +38% | 2,906 | 120 |
| 84 | Wealthcare Advisory Partners LLCSEC record | West Chester, PA | $6.0B | $8.3B | +38% | 10,696 | 243 |
| 85 | Pure Financial Advisors, LLCSEC record | SAN Diego, CA | $8.0B | $11B | +38% | 7,503 | 204 |
| 86 | Beacon Pointe Advisors, LLCSEC record | Newport Beach, CA | $40B | $55B | +38% | 29,565 | 780 |
| 87 | Evergreen Capital Management LLCSEC record | Bellevue, WA | $5.2B | $7.2B | +38% | 1,121 | 37 |
| 88 | Fidelis CapitalSEC record | Tampa, FL | $1.7B | $2.3B | +38% | 218 | 22 |
| 89 | Cypress Point Wealth Management, LLCSEC record | Dallas, TX | $1.1B | $1.5B | +37% | 177 | 12 |
| 90 | Private Wealth Asset ManagementSEC record | Omaha, NE | $1.8B | $2.5B | +36% | 559 | 32 |
| 91 | Ethos Financial Group, LLCSEC record | King of Prussia, PA | $1.6B | $2.1B | +36% | 1,709 | 44 |
| 92 | Creative PlanningSEC record | Overland Park, KS | $217B | $296B | +36% | 87,051 | 1,650 |
| 93 | J. Safra Asset Management CorporationSEC record | New York City, NY | $4.6B | $6.3B | +36% | 3,374 | 22 |
| 94 | Western Wealth Management LLCSEC record | Golden, CO | $3.9B | $5.4B | +36% | 11,019 | 98 |
| 95 | Ritholtz Wealth ManagementSEC record | New York, NY | $5.7B | $7.7B | +36% | 4,139 | 83 |
| 96 | Pekin Hardy Strauss, Inc.SEC record | Chicago, IL | $1.1B | $1.6B | +36% | 725 | 19 |
| 97 | Alphastar Capital ManagementSEC record | Cornelius, NC | $1.8B | $2.5B | +36% | 8,466 | 150 |
| 98 | Oneascent Financial Services LLCSEC record | Birmingham, AL | $2.6B | $3.5B | +36% | 5,128 | 161 |
| 99 | Stokes Family Office LLCSEC record | New Orleans, LA | $2.5B | $3.4B | +35% | 724 | 14 |
| 100 | 1900 WealthSEC record | SAN Antonio, TX | $2.3B | $3.1B | +35% | 454 | 22 |
Regulatory AUM on each firm’s annual updating amendment for fiscal 2024 and fiscal 2025. Firm details are from the SEC’s current registered-adviser list.
Most assets added
| # | Firm | Headquarters | 2024 AUM | 2025 AUM | Added | Growth | Individual clients | Employees |
|---|---|---|---|---|---|---|---|---|
| 1 | Fisher InvestmentsSEC record | Plano, TX | $299B | $387B | $88B | +29% | 199,061 | 4,369 |
| 2 | Focus Partners Wealth, LLCSEC record | St. Louis, MO | $96B | $182B | $86B | +90% | 61,002 | 1,915 |
| 3 | Creative PlanningSEC record | Overland Park, KS | $217B | $296B | $78B | +36% | 87,051 | 1,650 |
| 4 | Vanguard Advisers, Inc.SEC record | Malvern, PA | $300B | $345B | $44B | +15% | 791,495 | 2,208 |
| 5 | Cerity Partners LLCSEC record | New York, NY | $123B | $162B | $39B | +32% | 24,945 | 1,529 |
| 6 | Empower Advisory Group, LLCSEC record | Greenwood Village, CO | $159B | $195B | $36B | +23% | 293,347 | 8,051 |
| 7 | Hightower Advisors, LLCSEC record | Chicago, IL | $165B | $199B | $34B | +21% | 62,807 | 1,983 |
| 8 | Edelman Financial EnginesSEC record | Santa Clara, CA | $293B | $326B | $33B | +11% | 477,170 | 1,679 |
| 9 | Wealth Enhancement Advisory Services, LLCSEC record | Plymouth, MN | $95B | $122B | $28B | +29% | 80,986 | 1,700 |
| 10 | MarinerSEC record | Overland Park, KS | $99B | $125B | $27B | +27% | 54,583 | 1,889 |
| 11 | Mercer Global Advisors Inc.SEC record | Denver, CO | $60B | $84B | $24B | +40% | 35,044 | 1,429 |
| 12 | MAI Capital Management, LLCSEC record | Cleveland, OH | $30B | $52B | $22B | +76% | 15,740 | 562 |
| 13 | CorientSEC record | Miami, FL | $144B | $165B | $22B | +15% | 25,963 | 1,537 |
| 14 | IEQ Capital, LLCSEC record | Foster City, CA | $35B | $57B | $21B | +60% | 2,300 | 266 |
| 15 | Kestra Advisory Services, LLCSEC record | Austin, TX | $60B | $80B | $20B | +33% | 115,285 | 1,359 |
| 16 | Cresset Asset Management, LLCSEC record | Chicago, IL | $62B | $79B | $17B | +27% | 4,746 | 496 |
| 17 | CWM, LLCSEC record | Omaha, NE | $34B | $51B | $17B | +50% | 52,263 | 1,416 |
| 18 | Beacon Pointe Advisors, LLCSEC record | Newport Beach, CA | $40B | $55B | $15B | +38% | 29,565 | 780 |
| 19 | Waverly Advisors, LLCSEC record | Birmingham, AL | $16B | $30B | $14B | +85% | 12,923 | 414 |
| 20 | LidoSEC record | LOS Angeles, CA | $29B | $43B | $13B | +46% | 13,043 | 437 |
| 21 | HB WealthSEC record | Atlanta, GA | $19B | $30B | $12B | +62% | 4,808 | 325 |
| 22 | PathstoneSEC record | Englewood, NJ | $100B | $110B | $9.9B | +10% | 1,979 | 704 |
| 23 | Clearstead; Clearstead Advisory SolutionsSEC record | Cleveland, OH | $24B | $34B | $9.6B | +39% | 4,311 | 280 |
| 24 | EP Wealth AdvisorsSEC record | Torrance, CA | $36B | $45B | $9.6B | +27% | 19,618 | 618 |
| 25 | Sequoia Financial Group, L.L.C.SEC record | Akron, OH | $23B | $32B | $9.2B | +40% | 11,064 | 424 |
See also the Largest RIAs and RIA Custodians.
Questions
What is the fastest-growing RIA?
Arax Advisory Partners grew regulatory assets under management +303%, from $2.8B to $11B, the most of any independent wealth manager with $1 billion or more, comparing its fiscal 2024 and 2025 Form ADV annual updates, according to Financial ADVSR’s review of SEC filings. Savvy (+286%) and Alphacore Capital LLC (+201%) followed.
How fast did RIA assets grow last year?
The median independent wealth manager with $100 million or more grew regulatory assets +17% from fiscal 2024 to fiscal 2025, across 4,736 firms; among those with $1 billion or more, the median was +17%. Much of that is market gains.
Which RIA added the most assets?
Fisher Investments added $88B in regulatory assets under management, reaching $387B, followed by Focus Partners Wealth, LLC ($86B) and Creative Planning ($78B).
Does this growth come from new clients?
Not only. Form ADV reports total regulatory assets, so growth includes market gains, acquisitions of other firms and assets moved in from affiliated advisers, along with new clients. Fast growers on this list are often acquirers or firms that consolidated affiliates into one registration.
Cite this
Financial ADVSR, “The Fastest-Growing RIAs,” updated October 1, 2026, https://www.financialadvsr.com/data/fastest-growing-rias
Free to quote and reuse with credit and a link.
How we built this
Every SEC-registered adviser files an annual Form ADV update within 90 days of its fiscal year-end, reporting regulatory assets under management (Item 5.F). We matched each firm’s fiscal 2024 and fiscal 2025 annual updates from the SEC’s monthly Form ADV data, 4,736 independent wealth managers in all, and ranked the 877 that started with $1 billion or more. Independent wealth managers are the same as in the Largest RIAs: firms that manage at least half their assets for individuals, offer financial planning, aren’t broker-dealers and hold less than half their assets in wrap programs they sponsor or manage.
What it doesn’t show
- Growth isn’t only new clients. It includes market gains, acquisitions and assets moved in from affiliated advisers, which Form ADV doesn’t separate.
- Firms that changed fiscal year, filed late or registered with the SEC during the period aren’t ranked.
- Figures are as of each firm’s fiscal year-end, usually December 31, so they don’t reflect deals since.
The data is free to use with credit to Financial ADVSR. Questions or corrections: contact the editors.