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Est. 2026The front page of wealth managementNew York

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RIA comparison · SEC Form ADV

Beacon Pointe Advisors, LLC vs CWM, LLC

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

Beacon Pointe Advisors, LLC is the larger of the two, with $55B in regulatory assets to $51B at CWM, LLC, 8% more than its rival, by their latest Form ADV filings. CWM, LLC reports more individual clients (52,263 vs 29,565), while Beacon Pointe Advisors, LLC’s clients hold more on average (about $1.7 million each against $880,000). Beacon Pointe Advisors, LLC is based in Newport Beach, California and CWM, LLC in Omaha, Nebraska.

FigureBeacon Pointe Advisors, LLCCWM, LLC
Regulatory AUM$55B$51B
National rank#20#22
HeadquartersNewport Beach, CaliforniaOmaha, Nebraska
Individual clients29,56552,263
High-net-worth clients11,4827,231
Average client assets$1.7 million$880,000
Accounts29,892154,206
Discretionary92% of AUM98% of AUM
Employees7801,416
Advisory staff440472
Clients per advisory employee67111
Offices90166
Form ADV filed2026-08-312026-09-30

Beacon Pointe Advisors, LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for investment companies
  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses and institutions
  • Pension consulting
  • Selecting other advisers
  • Educational seminars and workshops
  • Other services

How it’s paid

  • A percentage of assets under management
  • Hourly charges
  • Fixed fees
  • Performance-based fees

CWM, LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Selecting other advisers
  • Other services

How it’s paid

  • A percentage of assets under management
  • Hourly charges
  • Fixed fees
  • Other

Questions

Which is bigger, Beacon Pointe Advisors, LLC or CWM, LLC?

Beacon Pointe Advisors, LLC, with $55B in regulatory assets under management against $51B at CWM, LLC. Nationally they rank #20 and #22 among 5,657 independent wealth management RIAs.

How many clients do Beacon Pointe Advisors, LLC and CWM, LLC have?

Beacon Pointe Advisors, LLC reports 29,565 individual clients (11,482 high-net-worth) with 440 advisory employees; CWM, LLC reports 52,263 (7,231 high-net-worth) with 472 advisory employees.

How do Beacon Pointe Advisors, LLC and CWM, LLC charge clients?

Only Beacon Pointe Advisors, LLC lists performance-based fees on Form ADV. Only CWM, LLC lists other forms of compensation. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Beacon Pointe Advisors, LLC and CWM, LLC offer?

Beacon Pointe Advisors, LLC lists portfolio management for investment companies; portfolio management for pooled investment vehicles; portfolio management for businesses and institutions; pension consulting; educational seminars and workshops, which CWM, LLC does not. Both offer financial planning; portfolio management for individuals and small businesses; selecting other advisers; other services.

More comparisons

Where these numbers come from

Every figure is the firm’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.

Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: Beacon Pointe Advisors, LLC ↗, CWM, LLC ↗. How to check a financial advisor →