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RIA comparison · SEC Form ADV

Openarc Corporate Advisory, LLC vs Choate Investment Advisors

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

The short answer

Openarc Corporate Advisory, LLC and Choate Investment Advisors are almost exactly the same size, with $10B and $10B in regulatory assets (Openarc Corporate Advisory, LLC slightly ahead), by their latest Form ADV filings. Openarc Corporate Advisory, LLC reports more individual clients (3,841 vs 614), while Choate Investment Advisors’ clients hold more on average (about $15 million each against $2.6 million). Openarc Corporate Advisory, LLC is based in Atlanta, Georgia and Choate Investment Advisors in Boston, Massachusetts.

FigureOpenarc Corporate Advisory, LLCChoate Investment Advisors
Regulatory AUM$10B$10B
National rank#98#100
HeadquartersAtlanta, GeorgiaBoston, Massachusetts
Individual clients3,841614
High-net-worth clients2,356519
Average client assets$2.6 million$15 million
Accounts14,5254,009
Discretionary100% of AUM92% of AUM
Employees14634
Advisory staff8020
Clients per advisory employee4831
Offices11
Form ADV filed2026-09-162026-03-30

Openarc Corporate Advisory, LLC

Full profile →

Services

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

Choate Investment Advisors

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses and institutions
  • Selecting other advisers
  • Periodicals or newsletters

How it’s paid

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

Questions

Which is bigger, Openarc Corporate Advisory, LLC or Choate Investment Advisors?

Openarc Corporate Advisory, LLC, with $10B in regulatory assets under management against $10B at Choate Investment Advisors. Nationally they rank #98 and #100 among 5,657 independent wealth management RIAs.

How many clients do Openarc Corporate Advisory, LLC and Choate Investment Advisors have?

Openarc Corporate Advisory, LLC reports 3,841 individual clients (2,356 high-net-worth) with 80 advisory employees; Choate Investment Advisors reports 614 (519 high-net-worth) with 20 advisory employees.

How do Openarc Corporate Advisory, LLC and Choate Investment Advisors charge clients?

They list the same forms of compensation on Form ADV: a percentage of assets under management; hourly charges; fixed fees. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Openarc Corporate Advisory, LLC and Choate Investment Advisors offer?

Openarc Corporate Advisory, LLC lists pension consulting, which Choate Investment Advisors does not. Choate Investment Advisors lists portfolio management for pooled investment vehicles; periodicals or newsletters, which Openarc Corporate Advisory, LLC does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for businesses and institutions; 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: Openarc Corporate Advisory, LLC ↗, Choate Investment Advisors ↗. How to check a financial advisor →