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

RIAs in Louisiana

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

Louisiana is home to 64 wealth-focused RIAs managing $76B, 31st of 51 states and DC. The largest is Stokes Family Office LLC in New Orleans, with $3.4B.

Wealth-focused RIAs
64
31st of 51
Their assets
$76B
31st of 51
$1B+ firms
9
Median $294M
All SEC RIAs
80
2,080 employees

Largest independent wealth managers in Louisiana

Largest independent wealth managers headquartered in Louisiana
#FirmHeadquartersRegulatory AUMIndividual clientsEmployees
1Stokes Family Office LLCSEC recordNew Orleans$3.4B72414
2Waters, Parkerson & Co., LLCSEC recordNew Orleans$2.9B74112
3Summit Financial Wealth AdvisorsSEC recordLafayette$1.8B1,20822
4Argent Advisors, Inc.SEC recordRuston$1.7B1,41027
5Beam Wealth Advisors, Inc.SEC recordCovington$1.6B2,20727
6FPL Capital Management, LLCSEC recordMetairie$1.1B2685
7Cullen Investment GroupSEC recordLafayette$910M60511
8Montz Harcus Wealth ManagementSEC recordNew Orleans$876M66710
9Freegulliver, LLCSEC recordNew Orleans$837M17017
10Abel Hall, LLCSEC recordBaton Rouge$819M18310
11BCM Advisors, LLCSEC recordLafayette$776M3969
12Lees Monsour GroupSEC recordShreveport$681M3304
13Hubbell Strickland Wealth Management, LLCSEC recordNew Orleans$618M4443
14Delta Financial Advisors, L.L.C.SEC recordMetairie$592M2115
15Thirtynorth Investments, LLCSEC recordNew Orleans$468M2146

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 Louisiana?

80 SEC-registered investment advisers have their main office in Louisiana, and 64 of them are wealth-focused, managing at least half of their assets for individuals and high-net-worth clients. That ranks Louisiana 31st 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 Louisiana?

Stokes Family Office LLC, based in New Orleans, is the largest independent wealth manager headquartered in Louisiana, with $3.4B in regulatory assets under management and 724 individual clients on its latest Form ADV.

How much do Louisiana RIAs manage?

Wealth-focused RIAs based in Louisiana report $76B in regulatory assets under management, 31st among the states. 9 of them manage $1 billion or more; the median manages $294M.

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.

Other states