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Est. 2026The front page of wealth managementNew York

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RIA comparison · SEC Form ADV

CWM, LLC vs Moneta Group Investment Advisors, LLC

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

The short answer

CWM, LLC and Moneta Group Investment Advisors, LLC are almost exactly the same size, with $51B and $51B in regulatory assets (CWM, LLC slightly ahead), by their latest Form ADV filings. CWM, LLC reports more individual clients (52,263 vs 8,840), while Moneta Group Investment Advisors, LLC’s clients hold more on average (about $5.3 million each against $880,000). CWM, LLC is based in Omaha, Nebraska and Moneta Group Investment Advisors, LLC in St. Louis, Missouri.

FigureCWM, LLCMoneta Group Investment Advisors, LLC
Regulatory AUM$51B$51B
National rank#22#23
HeadquartersOmaha, NebraskaSt. Louis, Missouri
Individual clients52,2638,840
High-net-worth clients7,2315,460
Average client assets$880,000$5.3 million
Accounts154,20648,410
Discretionary98% of AUM84% of AUM
Employees1,416585
Advisory staff472239
Clients per advisory employee11137
Offices16610
Form ADV filed2026-09-302026-03-31

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

Moneta Group Investment Advisors, LLC

Full profile →

Services

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

How it’s paid

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

Questions

Which is bigger, CWM, LLC or Moneta Group Investment Advisors, LLC?

CWM, LLC, with $51B in regulatory assets under management against $51B at Moneta Group Investment Advisors, LLC. Nationally they rank #22 and #23 among 5,657 independent wealth management RIAs.

How many clients do CWM, LLC and Moneta Group Investment Advisors, LLC have?

CWM, LLC reports 52,263 individual clients (7,231 high-net-worth) with 472 advisory employees; Moneta Group Investment Advisors, LLC reports 8,840 (5,460 high-net-worth) with 239 advisory employees.

How do CWM, LLC and Moneta Group Investment Advisors, LLC charge clients?

Only CWM, LLC lists other forms of compensation on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do CWM, LLC and Moneta Group Investment Advisors, LLC offer?

CWM, LLC lists other services, which Moneta Group Investment Advisors, LLC does not. Moneta Group Investment Advisors, LLC lists 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.

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: CWM, LLC ↗, Moneta Group Investment Advisors, LLC ↗. How to check a financial advisor →