Wednesday, October 21, 2026The Morning EditionOpen AtlasSign inJoin free
FinancialADVSR

Est. 2026The front page of wealth managementNew York

The Morning EditionFree · 6:30 AM ETSubscribe
RB An Amazon intern in 2020, Nevis CEO Mark Swan is the unlikely dream weaver for Focus Financial and other big RIA rollups with 'nightmare' integration issues -- with help from Schwab, Fidelity, OpenAI and AnthropicIN SpaceX’s AI segment now drives more than half its revenue. Here’s what advisors should watch nextFP Why AI might recommend your competitor instead of youFP Why clients are choosing phased retirement — and what advisors should know4K SPARK Forum Offering Scholarships for Retirement Plan AdvisorsFP What Schwab's new ETF platform fees mean for clients, advisorsWM RIA Platform Leaders Ask ‘What’s the Advantage in Having Your Own Form ADV?’IN Fake e-vite phishing scams put high-net-worth clients at riskRB Rick Wurster says Schwab is tackling its forced rationing of long/short SMAs with proprietary 'offering' to stretch balance sheet, but it may be more about a fee upside, a long/short manager saysIN Fintech bytes: 55ip, Vise, Syntax push tax-smart tools for RIAs

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

RIAs in New Hampshire

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

New Hampshire is home to 63 wealth-focused RIAs managing $26B, 32nd of 51 states and DC. The largest is The Harbor Group, Inc. in Bedford, with $2.0B.

Wealth-focused RIAs
63
32nd of 51
Their assets
$26B
40th of 51
$1B+ firms
4
Median $273M
All SEC RIAs
76
895 employees

Largest independent wealth managers in New Hampshire

Largest independent wealth managers headquartered in New Hampshire
#FirmHeadquartersRegulatory AUMIndividual clientsEmployees
1The Harbor Group, Inc.SEC recordBedford$2.0B70022
2Arca Wealth, LLCSEC recordPortsmouth$1.3B1,10828
3Eldridge Investment Advisors IncSEC recordManchester$814M6598
4CMH Wealth Management, LLCSEC recordPortsmouth$813M3099
5Summit Wealth Group LLCSEC recordExeter$762M44510
6Carlson InvestmentsSEC recordConcord$736M35014
7Nvest Financial, LLCSEC recordPortsmouth$688M79916
8Affinity Investment Group, LLCSEC recordExeter$595M4619
9Milestone Financial Planning, LLCSEC recordBedford$590M25723
10Mascoma Wealth ManagementSEC recordHanover$568M42212
11Measured Wealth Private Client Group, LLCSEC recordRYE$528M63314
12Essential Planning, LLCSEC recordPortsmouth$524M57311
13Harbor Advisory CorporationSEC recordPortsmouth$481M1443
14BcasSEC recordBedford$466M2697
15Independence Financial Advisors, LLCSEC recordFranklin$464M2,73411

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 New Hampshire?

76 SEC-registered investment advisers have their main office in New Hampshire, and 63 of them are wealth-focused, managing at least half of their assets for individuals and high-net-worth clients. That ranks New Hampshire 32nd 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 New Hampshire?

The Harbor Group, Inc., based in Bedford, is the largest independent wealth manager headquartered in New Hampshire, with $2.0B in regulatory assets under management and 700 individual clients on its latest Form ADV.

How much do New Hampshire RIAs manage?

Wealth-focused RIAs based in New Hampshire report $26B in regulatory assets under management, 40th among the states. 4 of them manage $1 billion or more; the median manages $273M.

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