Wealth manager, independent · Cincinnati, OH
Souders Financial Advisors, LLC
SEC-registered investment adviser · CRD 296780 · SEC 801-113263
At a glance
Souders Financial Advisors, LLC is an SEC-registered investment adviser based in Cincinnati, Ohio, with $1.4B in regulatory assets under management as of its Form ADV filed July 24, 2026. It reports 1,275 individual clients, 231 of them high-net-worth, holding an average of about $0.9 million each, and 21 employees. That ranks it 782nd among the nation’s 5,657 independent wealth management RIAs and 37th of 226 in Ohio. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 513-598-2400soudersfinancial.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.4B
- Rank among independent wealth managers
- #782 of 5,657
- Rank among all SEC RIAs
- #4,430 of 17,210
- Rank in Ohio
- #37 of 226
- Individual clients
- 1,275
- High-net-worth clients
- 231
- Accounts
- 3,616
- Discretionary
- 78% of AUM
- Employees
- 21
- Advisory staff
- 14
- Offices
- 7
Owners and executives on its Form ADV
- Daniel E. SoudersMember
- Ryan P. BonaventuraMember
- Brian P. SchwederMember
- Patrick D. HayesChief Legal Officer
- Musa B. Abdul-BasserChief Compliance Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Souders Financial Advisors, LLC is a hybrid RIA: 9 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names Private Client Services as the broker-dealer its advisers are registered with.
Registered Representatives of Private Client Services, LLC (“PCS”).
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 231 | $697M | 49% |
| Individuals | 1,044 | $443M | 31% |
| Pension and profit sharing plans | 70 | $260M | 18% |
| Charitable organizations | 3 | $7M | <1% |
| Corporations or other businesses | 3 | $1M | <1% |
Disciplinary disclosures
Souders Financial Advisors, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗soudersfinancial.com ↗
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The full record on Souders Financial Advisors, 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, 8 years of filings
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- Growth over one, three and five years
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- Rank against 2,645 peers of its type and size
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- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Ohio
All of Ohio →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Horan Wealth, LLCCincinnati | $1.5B | 1,408 |
| United Advisor GroupCincinnati | $1.4B | 6,395 |
| Antolino Wealth AdvisorsColumbus | $1.4B | 944 |
| Journey Wealth ManagementCleveland | $1.4B | 862 |
| Capital Advisors, LTD., LLCShaker Heights | $1.4B | 1,058 |
| Wealth Dimensions Group, LTD.Cincinnati | $1.2B | 704 |
Background
Questions
How much does Souders Financial Advisors, LLC manage?
Souders Financial Advisors, LLC reports $1.4B in regulatory assets under management across 3,616 accounts, 78% of it on a discretionary basis, on its Form ADV filed July 24, 2026.
How many clients does Souders Financial Advisors, LLC have?
It reports 1,275 individual clients: 231 high-net-worth individuals and 1,044 other individuals. Individuals account for about 81% of its regulatory assets.
Where is Souders Financial Advisors, LLC headquartered?
Its main office is in Cincinnati, Ohio. It reports 7 offices in total and 21 employees, 14 of whom perform investment advisory functions.
How does Souders Financial Advisors, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Souders Financial Advisors, LLC use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed July 24, 2026, it reports these amounts held: Charles Schwab ($1.2B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Souders Financial Advisors, LLC a hybrid RIA with a broker-dealer?
Souders Financial Advisors, LLC is a hybrid RIA: 9 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Souders Financial Advisors, LLC a fiduciary?
As an SEC-registered investment adviser, Souders Financial Advisors, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 9 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Souders Financial Advisors, 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 (2026-07-24), 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). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. 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 →