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Est. 2026The front page of wealth managementNew York

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RIA comparison · SEC Form ADV

Valeo Financial Advisors, LLC vs The Caprock Group, LLC

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

The short answer

Valeo Financial Advisors, LLC is the larger of the two, with $13B in regulatory assets to $12B at The Caprock Group, LLC, 4% more than its rival, by their latest Form ADV filings. Valeo Financial Advisors, LLC reports more individual clients (3,021 vs 420), while The Caprock Group, LLC’s clients hold more on average (about $27 million each against $4.2 million). Valeo Financial Advisors, LLC is based in Carmel, Indiana and The Caprock Group, LLC in Boise, Idaho.

FigureValeo Financial Advisors, LLCThe Caprock Group, LLC
Regulatory AUM$13B$12B
National rank#74#76
HeadquartersCarmel, IndianaBoise, Idaho
Individual clients3,021420
High-net-worth clients2,257398
Average client assets$4.2 million$27 million
Accounts22,812436
Discretionary82% of AUM98% of AUM
Employees17867
Advisory staff11938
Clients per advisory employee2511
Offices1712
Form ADV filed2026-04-302026-08-07

Valeo Financial 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
  • Selecting other advisers

How it’s paid

  • A percentage of assets under management
  • Fixed fees
  • Other

The Caprock Group, 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
  • Selecting other advisers
  • Other services

How it’s paid

  • A percentage of assets under management
  • Fixed fees

Questions

Which is bigger, Valeo Financial Advisors, LLC or The Caprock Group, LLC?

Valeo Financial Advisors, LLC, with $13B in regulatory assets under management against $12B at The Caprock Group, LLC. Nationally they rank #74 and #76 among 5,657 independent wealth management RIAs.

How many clients do Valeo Financial Advisors, LLC and The Caprock Group, LLC have?

Valeo Financial Advisors, LLC reports 3,021 individual clients (2,257 high-net-worth) with 119 advisory employees; The Caprock Group, LLC reports 420 (398 high-net-worth) with 38 advisory employees.

How do Valeo Financial Advisors, LLC and The Caprock Group, LLC charge clients?

Only Valeo Financial Advisors, 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 Valeo Financial Advisors, LLC and The Caprock Group, LLC offer?

The Caprock Group, LLC lists other services, which Valeo Financial Advisors, LLC does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for pooled investment vehicles; 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: Valeo Financial Advisors, LLC ↗, The Caprock Group, LLC ↗. How to check a financial advisor →