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RIAs by state · SEC data as of October 1, 2026

RIAs in Kentucky

The SEC-registered investment advisers based in Kentucky, what they manage, and the largest independent wealth managers.

Kentucky is home to 69 wealth-focused RIAs managing $47B, 29th of 51 states and DC. The largest is Meridian Wealth Management, LLC in Lexington, with $5.0B.

Wealth-focused RIAs
69
29th of 51
Their assets
$47B
33rd of 51
$1B+ firms
14
Median $358M
All SEC RIAs
84
1,384 employees

Largest independent wealth managers in Kentucky

Largest independent wealth managers headquartered in Kentucky
#FirmHeadquartersRegulatory AUMIndividual clientsEmployees
1Meridian Wealth Management, LLCSEC recordLexington$5.0B5,36667
2MCF Advisors, LLCSEC recordLexington$4.7B3,44055
3Keystone Financial Group, LLCSEC recordLexington$2.3B6,60249
4Journey Advisory Group, LLCSEC recordCovington$1.7B85931
5The Gleason Group, Inc.SEC recordProspect$1.6B26211
6Legacy Financial Advisors, Inc.SEC recordCovington$1.5B1,06121
7Strategic Wealth Investment Group, LLCSEC recordLouisville$1.4B3,90088
8KPP Advisory Services LLCSEC recordLouisville$1.2B3,99537
9CastellanSEC recordLouisville$882M128
10Spectrum Financial Alliance, LTD., L.L.C.SEC recordNicholasville$813M67414
11Ballast, Inc.SEC recordLexington$752M45412
12Saling Wealth AdvisorsSEC recordLouisville$618M22711
13Atlas BrownSEC recordLouisville$605M4409
14Legacy Financial Independent Advisors LLCSEC recordLouisville$484M7418
15Retirement Planning Solutions, LLCSEC recordLouisville$467M1,21010

Ranked by regulatory assets under management on each firm’s latest Form ADV. Excludes broker-dealers’ advisory arms and managed-account platforms. Nationally: the 100 largest RIAs.

Questions

How many RIAs are there in Kentucky?

84 SEC-registered investment advisers have their main office in Kentucky, and 69 of them are wealth-focused, managing at least half of their assets for individuals and high-net-worth clients. That ranks Kentucky 29th of 51 states and DC, according to Financial ADVSR’s count of SEC data as of October 1, 2026.

What is the largest RIA in Kentucky?

Meridian Wealth Management, LLC, based in Lexington, is the largest independent wealth manager headquartered in Kentucky, with $5.0B in regulatory assets under management and 5,366 individual clients on its latest Form ADV.

How much do Kentucky RIAs manage?

Wealth-focused RIAs based in Kentucky report $47B in regulatory assets under management, 33rd among the states. 14 of them manage $1 billion or more; the median manages $358M.

How we built this

The SEC publishes a list of every registered investment adviser, drawn from each firm’s Form ADV. We used the list current through October 1, 2026, kept the 16,943 advisers the SEC shows as approved, and placed each in the state of its main office; 14,641 are based in the United States. Regulatory assets under management come from Item 5.F, client counts from Item 5.D.

Wealth-focused RIAs manage at least half of their assets for individuals and high-net-worth clients, the same test as our RIA Custody Tracker; there are 8,130 in the US. Rankings and each state’s largest-firms list show independent wealth managers only: wealth-focused firms that offer financial planning, are not themselves broker-dealers, and hold less than half their assets in wrap programs they sponsor or manage. That leaves out wirehouse and broker-dealer advisory arms and managed-account platforms, which still count in each state’s totals.

What it doesn’t show

  • State-registered advisers, most of which manage less than $100 million, register with their state regulator and aren’t in SEC data.
  • A firm counts only in its main office state, though many have offices in several.
  • Figures are as of each adviser’s latest annual Form ADV update, usually its December 31 fiscal year-end, so they lag recent deals.
  • Firms that file under more than one registration (an RIA and a separate institutional arm, for example) appear as separate advisers.

The data is free to use with credit to Financial ADVSR. Questions or corrections: contact the editors.

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