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RIA comparison · SEC Form ADV

Mariner vs Wealth Enhancement Advisory Services, LLC

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

The short answer

Mariner is the larger of the two, with $125B in regulatory assets to $122B at Wealth Enhancement Advisory Services, LLC, 3% more than its rival, by their latest Form ADV filings. Wealth Enhancement Advisory Services, LLC reports more individual clients (80,986 vs 54,583), while Mariner’s clients hold more on average (about $2.1 million each against $1.4 million). Mariner is based in Overland Park, Kansas and Wealth Enhancement Advisory Services, LLC in Plymouth, Minnesota.

FigureMarinerWealth Enhancement Advisory Services, LLC
Regulatory AUM$125B$122B
National rank#10#11
HeadquartersOverland Park, KansasPlymouth, Minnesota
Individual clients54,58380,986
High-net-worth clients22,32227,424
Average client assets$2.1 million$1.4 million
Accounts186,791221,892
Discretionary98% of AUM77% of AUM
Employees1,8891,700
Advisory staff933850
Clients per advisory employee5995
Offices131185
Form ADV filed2026-08-052026-08-20

Mariner

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
  • Periodicals or newsletters
  • Educational seminars and workshops
  • Other services

How it’s paid

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

Wealth Enhancement Advisory Services, LLC

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

Questions

Which is bigger, Mariner or Wealth Enhancement Advisory Services, LLC?

Mariner, with $125B in regulatory assets under management against $122B at Wealth Enhancement Advisory Services, LLC. Nationally they rank #10 and #11 among 5,657 independent wealth management RIAs.

How many clients do Mariner and Wealth Enhancement Advisory Services, LLC have?

Mariner reports 54,583 individual clients (22,322 high-net-worth) with 933 advisory employees; Wealth Enhancement Advisory Services, LLC reports 80,986 (27,424 high-net-worth) with 850 advisory employees.

How do Mariner and Wealth Enhancement Advisory Services, LLC charge clients?

Only Wealth Enhancement Advisory Services, 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 Mariner and Wealth Enhancement Advisory Services, LLC offer?

Mariner lists portfolio management for pooled investment vehicles; portfolio management for businesses and institutions; periodicals or newsletters, which Wealth Enhancement Advisory Services, LLC does not. Both offer financial planning; portfolio management for individuals and small businesses; pension consulting; selecting other advisers; educational seminars and workshops; 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: Mariner ↗, Wealth Enhancement Advisory Services, LLC ↗. How to check a financial advisor →