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

RIAs in Nebraska

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

Nebraska is home to 55 wealth-focused RIAs managing $176B, 34th of 51 states and DC. The largest is CWM, LLC in Omaha, with $51B.

Wealth-focused RIAs
55
34th of 51
Their assets
$176B
23rd of 51
$1B+ firms
11
Median $434M
All SEC RIAs
71
4,620 employees

Largest independent wealth managers in Nebraska

Largest independent wealth managers headquartered in Nebraska
#FirmHeadquartersRegulatory AUMIndividual clientsEmployees
1CWM, LLCSEC recordOmaha$51B52,2631,416
2Ameritas Advisory Services, LLCSEC recordLincoln$14B29,363797
3Avior Wealth Management, LLCSEC recordOmaha$6.5B4,775170
4Lutz FinancialSEC recordOmaha$3.2B84523
5Pittenger & Anderson IncSEC recordLincoln$3.0B89414
6Private Wealth Asset ManagementSEC recordOmaha$2.5B55932
7Wealthplan Investment Management LLCSEC recordOmaha$2.2B2,06834
8Allen Capital Group, LLCSEC recordGrand Island$1.5B2,18938
9Wealthplan PartnersSEC recordOmaha$1.1B1,67756
10McMill CPA and AdvisorsSEC recordNorfolk$862M5,57450
11Stevens Capital PartnersSEC recordOmaha$810M66121
12Bellwether WealthSEC recordLincoln$784M48212
13Cambridge Advisors IncSEC recordOmaha$694M2736
14Smart Wealth, LLCSEC recordOmaha$686M99041
15America First Investment Advisors LLCSEC recordOmaha$665M2617

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 Nebraska?

71 SEC-registered investment advisers have their main office in Nebraska, and 55 of them are wealth-focused, managing at least half of their assets for individuals and high-net-worth clients. That ranks Nebraska 34th 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 Nebraska?

CWM, LLC, based in Omaha, is the largest independent wealth manager headquartered in Nebraska, with $51B in regulatory assets under management and 52,263 individual clients on its latest Form ADV.

How much do Nebraska RIAs manage?

Wealth-focused RIAs based in Nebraska report $176B in regulatory assets under management, 23rd among the states. 11 of them manage $1 billion or more; the median manages $434M.

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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