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

RIAs in Nevada

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

Nevada is home to 49 wealth-focused RIAs managing $40B, 35th of 51 states and DC. The largest is The Ameriflex Group in LAS Vegas, with $9.7B.

Wealth-focused RIAs: 49
Their assets: $40B
$1B+ firms: 6
All SEC RIAs: 76

Largest independent wealth managers in Nevada

Largest independent wealth managers headquartered in Nevada
#	Firm	Headquarters	Regulatory AUM	Individual clients	Employees
1	The Ameriflex Group SEC record	LAS Vegas	$9.7B	15,724	201
2	Belpointe Asset Management LLC SEC record	Reno	$7.6B	7,321	236
3	The Investment Counsel Company SEC record	LAS Vegas	$2.2B	401	11
4	Arista Wealth Management, LLC SEC record	LAS Vegas	$1.2B	377	17
5	American Wealth ManagementSEC record	Reno	$761M	873	9
6	Palisade Investments, LLCSEC record	Zephyr Cove	$653M	578	8
7	Buckley WealthSEC record	LAS Vegas	$644M	210	6
8	Aljian Capital ManagementSEC record	Carson City	$628M	428	3
9	Kingsbridge Wealth Management, Inc.SEC record	LAS Vegas	$469M	50	8
10	Capstone Capital Wealth AdvisorsSEC record	Henderson	$408M	198	5
11	Cassady Wealth & Retirement Planning L.L.C.SEC record	Henderson	$292M	455	5
12	One Wealth MAP, LLCSEC record	LAS Vegas	$287M	223	9
13	Sanchez Gaunt Capital Management, LLCSEC record	Reno	$286M	830	5
14	Open Window Financial Solutions, LTD.SEC record	Reno	$284M	91	6
15	Vantage Wealth PlanningSEC record	Reno	$265M	398	4

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 Nevada?

76 SEC-registered investment advisers have their main office in Nevada, and 49 of them are wealth-focused, managing at least half of their assets for individuals and high-net-worth clients. That ranks Nevada 35th 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 Nevada?

The Ameriflex Group, based in LAS Vegas, is the largest independent wealth manager headquartered in Nevada, with $9.7B in regulatory assets under management and 15,724 individual clients on its latest Form ADV.

How much do Nevada RIAs manage?

Wealth-focused RIAs based in Nevada report $40B in regulatory assets under management, 35th among the states. 6 of them manage $1 billion or more; the median manages $259M.

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.