Wealth manager, wrap-program sponsor · Omaha, NE
Orion Portfolio Solutions, LLC
SEC-registered investment adviser · CRD 107975 · SEC 801-57265
At a glance
Orion Portfolio Solutions, LLC is an SEC-registered investment adviser based in Omaha, Nebraska, with $64.8 billion in regulatory assets under management as of its Form ADV filed July 31, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 185,377 individual clients. By Form ADV it is a wealth manager (wrap-program sponsor), ranked 32nd of 8,915 wealth managers and 370th of 17,210 SEC-registered advisers by assets.
Main office 859-426-2000orion.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $65B
- Rank among wealth managers
- #32 of 8,915
- Rank among all SEC RIAs
- #370 of 17,210
- Rank in Nebraska
- #1 of 71
- Individual clients
- 185,377
- High-net-worth clients
- 19,151
- Accounts
- 276,041
- Discretionary
- 82% of AUM
- Employees
- 305
- Advisory staff
- 47
- Offices
- 2
Owners and executives on its Form ADV
- Kylee M. BeachChief Legal Officer/secretary
- Michael W. ForkerEVP, Operations
- Mark A. AudrainChief Compliance Officer
- Natalie G. WolfsenCEO
- Ronald E. PruittPresident
- Mark K. MayoChief Financial Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Orion Portfolio Solutions, LLC is a hybrid RIA: 103 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Brinker Capital Securities, LLC.
- Brinker Capital Securities, LLC ↗CRD 38123
An introducing broker-dealer: its trades clear through National Financial Services (Fidelity), which holds the brokerage accounts. Its annual audited report filed with the SEC, February 2026
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 19,151 | $19B | 30% |
| Individuals | 166,226 | $19B | 30% |
| Investment companies | 11 | $11B | 17% |
| Other investment advisers | 152 | $6.3B | 10% |
| Corporations or other businesses | 1,170 | $3.7B | 6% |
| Other | – | $2.9B | 4% |
| Pension and profit sharing plans | 1,154 | $2.1B | 3% |
| State or municipal government entities | 32 | $31M | <1% |
| Charitable organizations | 79 | $30M | <1% |
Disciplinary disclosures
Orion Portfolio Solutions, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗orion.com ↗
AtlasMembers
The full record on Orion Portfolio Solutions, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 70 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Orion Portfolio Solutions, LLC manage?
Orion Portfolio Solutions, LLC reports $64.8 billion in regulatory assets under management across 276,041 accounts, 82% of it on a discretionary basis, on its Form ADV filed July 31, 2026.
What kind of firm is Orion Portfolio Solutions, LLC?
Orion Portfolio Solutions, LLC is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Orion Portfolio Solutions, LLC’s clients?
By assets, its largest client types are high-net-worth individuals ($19.5 billion, 19,151 clients); individuals ($19.4 billion, 166,226 clients); investment companies ($10.9 billion, 11 clients).
Does Orion Portfolio Solutions, LLC have any disciplinary history?
Orion Portfolio Solutions, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Orion Portfolio Solutions, LLC’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). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-31), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →