Saturday, October 24, 2026The Morning EditionOpen AtlasSign inJoin free
FinancialADVSR

Est. 2026The front page of wealth managementNew York

The Morning EditionFree · 6:30 AM ETSubscribe
RB Schwab trumpeted Anthropic's Claude for all 16,000 of its RIAs, but a 20-seat enterprise minimum suddenly sidelines 11,000-plus small firms -- right before IMPACT 20264K Social Security Database Cleanup Corrects 50 Million RecordsFP Do smaller RIAs really need to own their data?RB Bank of America analyst 'double' slams Ameriprise not least because RIA 'structural' advantage triggered proactive in-house retention bonuses that take a bite out of margins and may not retain big teams long-termIN Trump to ease 50% Canada tariffs on farm equipment, packaging goodsWM The New Rules of Record Keeper SelectionWM SEC Examiners' 2027 Focus Includes Firms' Protections Against AI Phishing, DeepfakesIN People moves: RBC taps Raymond James veteran for Texas complexWM Lido CEO Signals Openness to International Expansion4K SEC Targets Private Markets, AI and Fiduciary Risks Among 2027 Exam Priorities
AtlasFinancial ADVSR
Open free

Free from Atlas · SEC filings as of October 1, 2026

The RIA database

Firms we coverAtlas screenerWealth Manager databaseThis month’s moversCustodian profilesRIA statistics

Registered RIAs
17,210
Regulatory AUM
$177.9T
Use more than one custodian
4,024
Hybrid
3,733

Where their clients’ assets sit. Select a custodian to filter the list.

Filters1

2,436 firms manage $136.7 trillionaffiliated broker-dealer

Open in the Atlas screener

Atlas The basics here are free. Atlas adds ten years of growth, owners, broker-dealer affiliation, contacts on file and signals for every firm, with alerts and exports. See Atlas

  1. 602
    Allworth Financial, L.P.Folsom, CA · 29,297 clientsWealth managerWrap sponsorHybridHanson McClain Retirement Network, LLC
    Schwab 62%Fidelity 38%
    $34B
  2. 604
    BNY Mellon Advisors, Inc.New York, NY · 125,701 clientsWealth managerBank-affiliatedHybridBNY Mellon Asset Management Canada LTD., BNY Mellon Capital Markets, LLC, clears through Pershing
    Pershing 100%
    $33B
  3. 606
    D. E. Shaw Investment Management, L.L.C.New York, NY · 23 clientsPrivate fund adviserHybridD. E. Shaw & Co. (asia Pacific) Limited, D. E. Shaw & Co. (london), LLP
    State Street 80%
    $33B
  4. 608
    The Putnam Advisory Company, LLCBoston, MA · 91 clientsPrivate fund adviserAffiliated broker-dealerClarion Partners Emea Limited, Clarion Partners Europe (u.k.) Limited
    State Street 81%
    $33B
  5. 610
    The Variable Annuity Life Insurance CompanyHouston, TX · 36 clientsAsset managerHybridCorebridge Capital Services, Inc., Valic Financial Advisors, Inc.
    No custodian reported
    $33B
  6. 611
    First Sentier Investors (hong Kong) LimitedHong Kong, Hong Kong · 28 clientsPrivate fund adviserAffiliated broker-dealer
    No custodian reported
    $33B
  7. 613
    Fidelity Management & Research (hong Kong) LimitedHong Kong, Hong Kong · 26 clientsAsset managerAffiliated broker-dealerDigital Brokerage Services LLC, Fidelity Brokerage Services LLC, clears through National Financial Services (Fidelity)
    State Street 100%
    $33B
  8. 615
    Ares Commercial Real Estate Management LLCLos Angeles, CA · 10 clientsPrivate fund adviserHybridAres Management Capital Markets LLC, Aspida Financial Distributors, LLC
    Wells Fargo 100%
    $32B
  9. 616
    ADP Strategic Plan Services, LLCRoseland, NJ · 110,773 clientsAsset managerHybridADP Broker-Dealer, Inc.
    ADP Retirement Trust Services 100%
    $32B
  10. 618
    SVB Asset ManagementSan Francisco, CA · 458 clientsAsset managerAffiliated broker-dealerFirst Citizens Capital Securities, LLC, First Citizens Investor Services, Inc.
    U.S. Bank 100%
    $32B
  11. 619
    Sequoia Financial Group, L.L.C.Akron, OH · 11,218 clientsWealth managerHybrid
    Schwab 67%Fidelity 33%
    $32B
  12. 621
    Harding Loevner LPBridgewater, NJ · 3,876 clientsAsset managerHybridSEE Schedule D - Miscellaneous
    Northern Trust 64%
    $32B
  13. 622
    Eagle Strategies LLCNew York, NY · 133,900 clientsWealth managerWrap sponsorHybridNylife Distributors LLC, Nylife Securities LLC, clears through National Financial Services (Fidelity)
    Fidelity 100%
    $32B
  14. 626
    Goldman Sachs Wealth Services, L.P.Cohoes, NY · 117,699 clientsWealth managerBank-affiliatedHybridGoldman Sachs & Co. LLC, Goldman Sachs Financial Markets, L.P.
    Goldman Sachs 83%
    $32B
  15. 628
    Constellation Investments, Inc.Montgomery, OH · 14 clientsAsset managerHybridAugustar Distributors, Inc., The O.N. Equity Sales Company, clears through Pershing
    U.S. Bank 100%
    $31B
  16. 630
    Invesco Managed Accounts, LLCSeattle, WA · 17,443 clientsAsset managerHybridInvesco CLO Equity Fund 5, L.P., Invesco Capital Markets, Inc.
    Morgan Stanley 44%UBS 33%Fidelity 23%
    $31B
  17. 631
    Muzinich & Co., Inc.New York, NY · 77 clientsPrivate fund adviserHybridMuzinich & Co. (ireland) Limited, Muzinich & Co. (singapore) PTE. Limited
    HSBC Securities Services 64%Zurcher Kantonalbank 36%
    $31B
  18. 632
    Touchstone Advisors IncCincinnati, OH · 40 clientsAsset managerHybridTouchstone Securities, LLC, W&s Brokerage Services, Inc.
    No custodian reported
    $31B
  19. 633
    BC Partners PE L.P.New York, NY · 4 clientsPrivate fund adviserHybridBC Partners Securities LLC
    No custodian reported
    $31B
  20. 634
    Tiedemann Advisors, LLCNew York, NY · 461 clientsWealth managerPublic-company ownedAffiliated broker-dealer
    Fidelity 70%
    $31B
  21. 636
    Allspring Global Investments (UK) LimitedLondon, United Kingdom · 8 clientsAsset managerAffiliated broker-dealer
    Northern Trust 75%BNY 25%
    $31B
  22. 638
    Blackrock International LimitedEdinburgh, United Kingdom · 34 clientsAsset managerHybridBlackrock Asset Management Deutschland AG, Blackrock Execution Services
    Northern Trust 59%J.P. Morgan 34%
    $31B
  23. 639
    Blackstone CLO Management LLCNew York, NY · 78 clientsPrivate fund adviserHybridASK Investment Managers LTD., Blackstone Securities Partners L.P.
    No custodian reported
    $31B
  24. 640
    Ptma Investment AdvisorsNaperville, IL · 161 clientsPrivate fund adviserHybridPMA Securities, LLC
    U.S. Bank 78%UMB Bank 22%
    $31B
  25. 642
    40/86 Advisors, Inc.Carmel, IN · 13 clientsAsset managerAffiliated broker-dealerBankers Life Securities, Inc.
    Northern Trust 100%
    $30B
  26. 646
    PNC Wealth ManagementPittsburgh, PA · 164,105 clientsBroker-dealer firmHybridHarris Williams LLC, Harris Williams Primary Fund Placement LLC
    Fidelity 100%
    $30B
  27. 650
    PSG Equity L.L.C.Boston, MA · 56 clientsPrivate fund adviserAffiliated broker-dealerZ Square Partners Consulting Co., LTD.
    No custodian reported
    $30B
  28. 653
    Davis Selected Advisers LPTucson, AZ · 109 clientsAsset managerHybridDavis Distributors, LLC
    No custodian reported
    $30B
  29. 654
    BTG Pactual Asset Management US , LLCNew York, NY · 616 clientsPrivate fund adviserHybridBTG Pactual Argentina S.A.U., BTG Pactual Capital S.A. De C.V. Sofom, clears through Pershing
    CF Secured 88%
    $30B
  30. 656
    Advanced Capital GroupMinneapolis, MN · 366 clientsAsset managerAffiliated broker-dealerAlera Securities LLC
    Schwab 95%
    $30B
  31. 657
    Apollo Credit Management, LLCNew York, NY · 8 clientsAsset managerHybridApollo Global Securities, LLC, Athene Securities, LLC, clears through Pershing
    No custodian reported
    $30B
  32. 662
    Jpmorgan Alternative Asset ManagementNew York, NY · 329 clientsPrivate fund adviserHybridJ.P. Morgan Institutional Investments Inc., J.P. Morgan Securities LLC
    J.P. Morgan 70%Northern Trust 30%
    $30B
  33. 663
    Epoch Investment Partners, Inc.New York, NY · 757 clientsAsset managerAffiliated broker-dealerTD Financial Products LLC, TD Private Client Wealth LLC, clears through Pershing
    CIBC Mellon 49%
    $30B
  34. 664
    Franklin Templeton Institutional, LLCNew York, NY · 113 clientsAsset managerHybridClarion Partners Emea Limited, Clarion Partners Europe (u.k.) Limited
    BNY 44%State Street 40%
    $30B
  35. 667
    Invesco Senior Secured Management, Inc.New York, NY · 51 clientsAsset managerHybridInvesco Capital Markets, Inc., Invesco Distributors, Inc.
    State Street 30%Euroclear 28%U.S. Bank 23%
    $29B
  36. 668
    Voleon Capital Management LPBerkeley, CA · 22 clientsPrivate fund adviserAffiliated broker-dealerVoleon Securities Markets LLC
    J.P. Morgan 100%
    $29B
  37. 669
    Cornerstone PartnersCharlottesville, VA · 22 clientsAsset managerAffiliated broker-dealer
    Northern Trust 100%
    $29B
  38. 670
    Neuberger Berman Singapore PTE. LimitedSingapore, Singapore · 58 clientsPrivate fund adviserAffiliated broker-dealerNeuberger Berman BD LLC
    Northern Trust 39%BNY 32%J.P. Morgan 29%
    $29B
  39. 671
    Valic Financial Advisors, Inc.Houston, TX · 293,026 clientsBroker-dealer firmHybridCorebridge Capital Services, Inc.
    The Variable Annuity Life Insurance 40%Fidelity 37%Valic Trust Company 23%
    $29B
  40. 674
    Addenda CapitalMontreal, Quebec, Canada · 336 clientsAsset managerAffiliated broker-dealerCo-Operators Financial Investment Services Inc.
    CIBC Mellon Trust 85%
    $29B

RIAs by state