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Est. 2026The front page of wealth managementNew York

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RIA comparison · SEC Form ADV

Freestone Capital Management, LLC vs Circle Wealth Management, LLC

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

The short answer

Freestone Capital Management, LLC is the larger of the two, with $15B in regulatory assets to $14B at Circle Wealth Management, LLC, 3% more than its rival, by their latest Form ADV filings. Freestone Capital Management, LLC reports more individual clients (2,906 vs 349), while Circle Wealth Management, LLC’s clients hold more on average (about $37 million each against $3.9 million). Freestone Capital Management, LLC is based in Seattle, Washington and Circle Wealth Management, LLC in Summit, New Jersey.

FigureFreestone Capital Management, LLCCircle Wealth Management, LLC
Regulatory AUM$15B$14B
National rank#65#67
HeadquartersSeattle, WashingtonSummit, New Jersey
Individual clients2,906349
High-net-worth clients1,337349
Average client assets$3.9 million$37 million
Accounts4,4941,138
Discretionary69% of AUM67% of AUM
Employees12023
Advisory staff4611
Clients per advisory employee6332
Offices52
Form ADV filed2026-06-292026-04-08

Freestone Capital Management, LLC

Full profile →

Services

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

How it’s paid

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

Circle Wealth Management, LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Selecting other advisers
  • Educational seminars and workshops

How it’s paid

  • A percentage of assets under management
  • Fixed fees

Questions

Which is bigger, Freestone Capital Management, LLC or Circle Wealth Management, LLC?

Freestone Capital Management, LLC, with $15B in regulatory assets under management against $14B at Circle Wealth Management, LLC. Nationally they rank #65 and #67 among 5,657 independent wealth management RIAs.

How many clients do Freestone Capital Management, LLC and Circle Wealth Management, LLC have?

Freestone Capital Management, LLC reports 2,906 individual clients (1,337 high-net-worth) with 46 advisory employees; Circle Wealth Management, LLC reports 349 (349 high-net-worth) with 11 advisory employees.

How do Freestone Capital Management, LLC and Circle Wealth Management, LLC charge clients?

Only Freestone Capital Management, LLC lists performance-based fees on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Freestone Capital Management, LLC and Circle Wealth Management, LLC offer?

Freestone Capital Management, LLC lists portfolio management for pooled investment vehicles, which Circle Wealth Management, LLC does not. Both offer financial planning; portfolio management for individuals and small businesses; selecting other advisers; educational seminars and workshops.

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: Freestone Capital Management, LLC ↗, Circle Wealth Management, LLC ↗. How to check a financial advisor →