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RIA comparison · SEC Form ADV

Independent Financial Partners vs Mycio Wealth Partners, LLC

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

The short answer

Independent Financial Partners is the larger of the two, with $16B in regulatory assets to $16B at Mycio Wealth Partners, LLC, 3% more than its rival, by their latest Form ADV filings. Independent Financial Partners reports more individual clients (52,539 vs 923), while Mycio Wealth Partners, LLC’s clients hold more on average (about $17 million each against $230,000). Independent Financial Partners is based in Tampa, Florida and Mycio Wealth Partners, LLC in Philadelphia, Pennsylvania.

FigureIndependent Financial PartnersMycio Wealth Partners, LLC
Regulatory AUM$16B$16B
National rank#58#59
HeadquartersTampa, FloridaPhiladelphia, Pennsylvania
Individual clients52,539923
High-net-worth clients18,190923
Average client assets$230,000$17 million
Accounts54,1548,391
Discretionary71% of AUM4% of AUM
Employees32867
Advisory staff30246
Clients per advisory employee17420
Offices1721
Form ADV filed2026-09-302026-07-31

Independent Financial Partners

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • 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
  • Other

Mycio Wealth Partners, 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

How it’s paid

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

Questions

Which is bigger, Independent Financial Partners or Mycio Wealth Partners, LLC?

Independent Financial Partners, with $16B in regulatory assets under management against $16B at Mycio Wealth Partners, LLC. Nationally they rank #58 and #59 among 5,657 independent wealth management RIAs.

How many clients do Independent Financial Partners and Mycio Wealth Partners, LLC have?

Independent Financial Partners reports 52,539 individual clients (18,190 high-net-worth) with 302 advisory employees; Mycio Wealth Partners, LLC reports 923 (923 high-net-worth) with 46 advisory employees.

How do Independent Financial Partners and Mycio Wealth Partners, LLC charge clients?

Only Independent Financial Partners 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 Independent Financial Partners and Mycio Wealth Partners, LLC offer?

Independent Financial Partners lists educational seminars and workshops; other services, which Mycio Wealth Partners, LLC does not. Mycio Wealth Partners, LLC lists portfolio management for pooled investment vehicles; portfolio management for businesses and institutions, which Independent Financial Partners does not. Both offer financial planning; portfolio management for individuals and small businesses; pension consulting; 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: Independent Financial Partners ↗, Mycio Wealth Partners, LLC ↗. How to check a financial advisor →