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RB An Amazon intern in 2020, Nevis CEO Mark Swan is the unlikely dream weaver for Focus Financial and other big RIA rollups with 'nightmare' integration issues -- with help from Schwab, Fidelity, OpenAI and AnthropicIN SpaceX’s AI segment now drives more than half its revenue. Here’s what advisors should watch nextFP Why AI might recommend your competitor instead of youFP Why clients are choosing phased retirement — and what advisors should know4K SPARK Forum Offering Scholarships for Retirement Plan AdvisorsFP What Schwab's new ETF platform fees mean for clients, advisorsWM RIA Platform Leaders Ask ‘What’s the Advantage in Having Your Own Form ADV?’IN Fake e-vite phishing scams put high-net-worth clients at riskRB Rick Wurster says Schwab is tackling its forced rationing of long/short SMAs with proprietary 'offering' to stretch balance sheet, but it may be more about a fee upside, a long/short manager saysIN Fintech bytes: 55ip, Vise, Syntax push tax-smart tools for RIAs
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Free from Atlas · SEC filings as of October 1, 2026

The RIA database

Atlas 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. 043
    UBS Asset Management (americas) LLCNew York, NY · 433,784 clientsAsset managerHybridUBS AG, UBS Asset Management (US) Inc.
    UBS 88%
    $588B
  2. 044
    Citadel Advisors LLCMiami, FL · 37 clientsPrivate fund adviserHybridCitadel Clearing LLC, Citadel Institutional Finance Company LTD.
    No custodian reported
    $571B
  3. 045
    Metlife Investment Management, LLCWhippany, NJ · 317 clientsAsset managerHybridMetlife Investments Securities, LLC, Metlife Investors Distribution Company
    J.P. Morgan 100%
    $564B
  4. 046
    MFS Investment ManagementBoston, MA · 355 clientsAsset managerHybridMFS Fund Distributors, Inc., MFS International (hong Kong) Limited
    State Street 29%Brown Brothers Harriman & 25%
    $514B
  5. 047
    Franklin Advisers, Inc.SAN Mateo, CA · 25,120 clientsAsset managerHybridClarion Partners Emea Limited, Clarion Partners Europe (u.k.) Limited
    UBS 46%BNY 32%J.P. Morgan 22%
    $509B
  6. 048
    Columbia Management Investment Advisers, LLCBoston, MA · 4,251 clientsAsset managerHybridAmerican Enterprise Investment Services Inc., Ameriprise Financial Services, LLC
    J.P. Morgan 69%
    $502B
  7. 049
    Raymond James & Associates, Inc.St. Petersburg, FL · 531,617 clientsBroker-dealer firmHybridCarillon Fund Distributors, Inc., Greensledge Capital Markets LLC
    Raymond James 100%
    $501B
  8. 050
    Jpmorgan Asset Management (UK) LimitedLondon, United Kingdom · 542 clientsPrivate fund adviserAffiliated broker-dealerJ.P. Morgan Securities LLC, J.P. Morgan Securities PLC
    J.P. Morgan 47%Northern Trust 27%State Street 26%
    $484B
  9. 051
    Allspring Global Investments, LLCCharlotte, NC · 10,401 clientsAsset managerHybridAllspring Funds Distributor, LLC
    Northern Trust 36%State Street 25%
    $476B
  10. 052
    Asset Management One Co., LTD.Tokyo, Japan · 1,406 clientsAsset managerAffiliated broker-dealerMizuho Securities Co., LTD.
    The Master Trust Bank of Japan ,LTD. 63%Custody Bank of Japan, LTD. 37%
    $471B
  11. 053
    J.P. Morgan Private Investments Inc.New York, NY · 1,278,255 clientsWealth managerBank-affiliatedHybridJ.P. Morgan Securities LLC, Jpmorgan Distribution Services, Inc.
    J.P. Morgan 100%
    $470B
  12. 055
    Ares Management LLCLOS Angeles, CA · 702 clientsPrivate fund adviserHybridAres Management Capital Markets LLC, Aspida Financial Distributors, LLC
    BNY 63%Citi 23%
    $459B
  13. 056
    J.P. Morgan Securities LLCNew York, NY · 1,246,646 clientsBroker-dealer firmHybridJ.P. Morgan Institutional Investments Inc., Jpmorgan Distribution Services, Inc.
    J.P. Morgan 100%
    $430B
  14. 057
    Principal Asset ManagementDES Moines, IA · 8,205 clientsAsset managerHybridEquity FC, LTD., Principal Funds Distributor, Inc., clears through National Financial Services (Fidelity)
    State Street 51%BNY 49%
    $428B
  15. 058
    U.S. Bancorp Asset Management, Inc.Minneapolis, MN · 881 clientsAsset managerHybridBtig, LLC, U.S. Bancorp Advisors, LLC
    U.S. Bank 71%
    $427B
  16. 059
    BNY Mellon Investment Adviser, Inc.New York, NY · 91 clientsAsset managerHybridBNY Mellon Asset Management Canada, LTD, BNY Mellon Capital Markets, LLC, clears through Pershing
    No custodian reported
    $419B
  17. 060
    Mitsubishi UFJ Trust and Banking CorporationTokyo, Japan · 32,595 clientsAsset managerAffiliated broker-dealerMorgan Stanley Mufg Securities Co., LTD
    The Master Trust Bank of Japan, LTD. 85%
    $407B
  18. 061
    Kohlberg Kravis Roberts & Co. L.P.New York, NY · 218 clientsPrivate fund adviserHybridGlobal Atlantic Distributors, LLC, KKR Capital Markets (ireland) Limited
    U.S. Bank 100%
    $400B
  19. 062
    Neuberger Berman Investment Advisers LLCNew York, NY · 43,954 clientsAsset managerHybridNeuberger Berman BD LLC
    Fidelity 50%
    $399B
  20. 063
    Robert W. Baird & Co. IncorporatedMilwaukee, WI · 241,359 clientsBroker-dealer firmHybridBaird Strategas LLC, Robert W. Baird Gmbh
    Robert W. Baird & Co. Incorporated 100%
    $394B
  21. 064
    Barings LLCCharlotte, NC · 417 clientsAsset managerHybridBarings Securities LLC
    Citi 76%BNY 24%
    $393B
  22. 065
    Raymond James Financial Services Advisors, IncSaint Petersburg, FL · 508,439 clientsWealth managerBank-affiliatedHybridCarillon Fund Distributors, Inc., Cebile Capital LLP
    Raymond James 100%
    $390B
  23. 066
    Loomis, Sayles & Company, L.P.Boston, MA · 24,675 clientsAsset managerHybridLoomis Sayles Distributors, L.P., Natixis Distribution, LLC
    BNY 42%Northern Trust 34%State Street 24%
    $387B
  24. 068
    Janus Henderson InvestorsDenver, CO · 7,475 clientsAsset managerHybridJanus Henderson Distributors US LLC, Janus Henderson Services US LLC
    J.P. Morgan 100%
    $380B
  25. 069
    Dimensional Fund Advisors LTDLondon, United Kingdom · 100 clientsAsset managerHybridDFA Securities LLC, Dimensional Fund Advisors Canada ULC
    State Street 46%BNY 39%
    $365B
  26. 070
    DFA Australia LimitedSydney, Australia · 100 clientsAsset managerAffiliated broker-dealerDFA Securities LLC, Dimensional Fund Advisors Canada ULC
    State Street 46%BNY 39%
    $362B
  27. 072
    Fiam LLCSmithfield, RI · 596 clientsAsset managerHybridDigital Brokerage Services LLC, Fidelity Brokerage Services LLC, clears through National Financial Services (Fidelity)
    Brown Brothers Harriman & 39%
    $348B
  28. 073
    Pgim Investments LLCNewark, NJ · 44 clientsAsset managerHybridPruco Securities, LLC, Prudential Annuities Distributors, Inc
    No custodian reported
    $345B
  29. 074
    Vanguard Advisers, Inc.Malvern, PA · 791,528 clientsWealth managerBank-affiliatedHybridVanguard Marketing Corporation
    Vanguard 100%
    $345B
  30. 076
    Pictet Asset Management SAGeneva, Switzerland · 575 clientsPrivate fund adviserAffiliated broker-dealerBanque Pictet & CIE (europe) AG, Banque Pictet & CIE SA
    UBS 41%Banque Pictet & CIE S.A. 39%
    $331B
  31. 077
    NYL Investors LLCNew York, NY · 34 clientsAsset managerHybridNylife Distributors LLC, Nylife Securities LLC, clears through National Financial Services (Fidelity)
    J.P. Morgan 70%BNY 30%
    $329B
  32. 080
    Allspring Funds Management, LLCCharlotte, NC · 10,118 clientsAsset managerHybridAllspring Funds Distributor, LLC
    Wells Fargo 64%Morgan Stanley 26%
    $325B
  33. 081
    Northwestern Mutual Investment Management Company, LLCMilwaukee, WI · 23 clientsAsset managerAffiliated broker-dealerNorthwestern Mutual Investment Services, LLC
    BNY 100%
    $323B
  34. 082
    AQR Capital Management, LLCGreenwich, CT · 717 clientsPrivate fund adviserHybridAQR Investments, LLC
    Fidelity 100%
    $312B
  35. 083
    RBC Capital Markets, LLCNew York, NY · 283,910 clientsBroker-dealer firmHybridRBC CMA LTD, RBC Dominion Securities, Inc.
    No custodian reported
    $310B
  36. 084
    First Trust Advisors LPWheaton, IL · 5,731 clientsAsset managerHybridFirst Trust Japan GK, First Trust Portfolios Asia PTE. LTD.
    Schwab 62%Fidelity 38%
    $309B
  37. 085
    American Century Investment Management IncKansas City, MO · 716 clientsAsset managerHybridAmerican Century Investment Services, Inc.
    State Street 52%
    $306B
  38. 086
    Samsung Asset Management Company, LTD.Seoul, Korea, South · 1,063 clientsPrivate fund adviserAffiliated broker-dealerSamsung Securities (america), Inc., Samsung Securities Co. LTD
    No custodian reported
    $301B
  39. 088
    Tiaa-Cref Investment Management LLCNew York, NY · 8 clientsAsset managerHybridNuveen Securities, LLC, Tiaa-Cref Individual & Institutional Services, LLC
    No custodian reported
    $292B
  40. 089
    The Carlyle GroupWashington, DC · 612 clientsPrivate fund adviserHybridCarlyle Asia Limited, Carlyle Australia Equity Management PTY Limited
    No custodian reported
    $284B

RIAs by state