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Est. 2026The front page of wealth managementNew York

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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
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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. 1634
    Hudson Housing Capital LLCNew York, NY · 105 clientsPrivate fund adviserHybridHudson Housing Securities LLC
    No custodian reported
    $7.4B
  2. 1635
    Westcap Management, LLCSan Francisco, CA · 48 clientsPrivate fund adviserHybridWestcap Markets, LLC
    No custodian reported
    $7.4B
  3. 1643
    First National Advisers, LLCOmaha, NE · 1,145 clientsAsset managerAffiliated broker-dealerNorthland Securities, Inc.
    First National Bank of Omaha 72%Raymond James 25%
    $7.4B
  4. 1645
    Mariner IndependentOverland Park, KS · 4,307 clientsWealth managerHybridMsec, LLC, W G Securities, LLC, clears through National Financial Services (Fidelity)
    Schwab 52%Fidelity 48%
    $7.3B
  5. 1647
    Carval CLO Management LLCMinneapolis, MN · 17 clientsPrivate fund adviserAffiliated broker-dealerAlliancebernstein Investments, Inc., Bernstein Autonomous Research LLP
    No custodian reported
    $7.3B
  6. 1651
    Badgley Phelps Wealth ManagersSeattle, WA · 1,356 clientsWealth managerAffiliated broker-dealer
    Schwab 100%
    $7.3B
  7. 1664
    Flexstone Partners, LLCNew York, NY · 48 clientsPrivate fund adviserAffiliated broker-dealerNatixis Distribution, LLC
    No custodian reported
    $7.2B
  8. 1665
    A&m CapitalGreenwich, CT · 14 clientsPrivate fund adviserAffiliated broker-dealerAlvarez & Marsal Securities, LLC
    No custodian reported
    $7.2B
  9. 1668
    BDT & MSD BDC Management, LLCNew York, NY · 1 clientsAsset managerHybridBDT & MSD Europe S.a R.L., BDT & MSD Partners Europe Gmbh
    No custodian reported
    $7.2B
  10. 1672
    Brown Brothers Harriman Mutual Fund Advisory DepartmentNew York, NY · 7 clientsAsset managerHybridBrown Brothers Harriman Investments, LLC
    No custodian reported
    $7.2B
  11. 1674
    Cassaday & Company, Inc.McLean, VA · 3,267 clientsWealth managerHybrid
    Pershing 100%
    $7.1B
  12. 1675
    Tweedy, Browne Company LLCStamford, CT · 222 clientsAsset managerHybridAMG Distributors, Inc.
    RBC 45%Pershing 43%
    $7.1B
  13. 1676
    Prairie Capital Management Group, LLCKansas City, MO · 531 clientsAsset managerAffiliated broker-dealer
    No custodian reported
    $7.1B
  14. 1684
    Pyrford International LTDLondon, United Kingdom · 31 clientsAsset managerAffiliated broker-dealerThreadneedle Investment Services Limited
    CIBC Mellon 53%
    $7.1B
  15. 1690
    GLG LLCNew York, NY · 23 clientsPrivate fund adviserAffiliated broker-dealerMAN Investments Inc.
    State Street 53%Northern Trust 47%
    $7.0B
  16. 1694
    J.P. Morgan Natural CapitalPortland, OR · 15 clientsAsset managerHybridJ.P. Morgan Institutional Investments Inc., J.P. Morgan Securities LLC
    No custodian reported
    $7.0B
  17. 1695
    Windrose Health Investors, LLCNew York, NY · 12 clientsPrivate fund adviserAffiliated broker-dealerMTS Securities, LLC
    No custodian reported
    $7.0B
  18. 1704
    Blue Owl Technology Credit Advisors II LLCNew York, NY · 2 clientsAsset managerHybridBlue Owl Securities LLC
    No custodian reported
    $6.9B
  19. 1706
    Mesirow Financial Private Equity Advisors, Inc.Chicago, IL · 17 clientsPrivate fund adviserHybridMesirow Financial, Inc., clears through National Financial Services (Fidelity), Pershing
    BNY 100%
    $6.9B
  20. 1710
    Smith Shellnut WilsonRidgeland, MS · 380 clientsAsset managerHybridB1capital Inc
    Fnbb Capital Markets 45%Fidelity 31%First Horizon Bank 24%
    $6.9B
  21. 1713
    Pgim Custom Harvest LLCNewark, NJ · 8,702 clientsWealth managerPublic-company ownedHybridPruco Securities, LLC, Prudential Annuities Distributors, Inc
    UBS 54%Merrill / Bank of America 24%Morgan Stanley 22%
    $6.9B
  22. 1714
    Pgim DC SolutionsNewark, NJ · 4 clientsPrivate fund adviserHybridPrudential Investment Management Services LLC
    No custodian reported
    $6.9B
  23. 1724
    Imperial Fund Asset Management LLCFort Lauderdale, FL · 91 clientsPrivate fund adviserAffiliated broker-dealerIF Securities LLC
    Wilmington Savings Fund Society, FSB 100%
    $6.8B
  24. 1726
    Thrivent Advisor Network, LLCMinneapolis, MN · 14,732 clientsWealth managerBank-affiliatedHybridThrivent Distributors, LLC, Thrivent Investment Management Inc.
    Fidelity 83%
    $6.8B
  25. 1730
    First Sentier InvestorsBarangaroo, NSW, Australia · 25 clientsPrivate fund adviserHybrid
    No custodian reported
    $6.8B
  26. 1737
    Signature Investment Advisors, LLCLos Angeles, CA · 7,530 clientsWealth managerHybridSignature Estate Securities, LLC
    Schwab 70%Fidelity 30%
    $6.8B
  27. 1740
    Wedbush Securities Inc.Pasadena, CA · 10,833 clientsBroker-dealer firmHybridLightspeed Financial Services Group LLC, Trigon DOM Maklerski SPA (TDM), clears through Interactive Brokers, Wedbush
    No custodian reported
    $6.7B
  28. 1741
    Manulife Investment Management Timberland and Agriculture IncBoston, MA · 20 clientsPrivate fund adviserHybridJohn Hancock Investment Management Distributors LLC, Manulife Investment Management Distributors Inc.
    Merrill / Bank of America 100%
    $6.7B
  29. 1752
    BC Partners Advisors L.P.New York, NY · 17 clientsPrivate fund adviserHybridBC Partners Securities LLC
    No custodian reported
    $6.7B
  30. 1753
    Ladenburg Thalmann Asset Management IncNew York, NY · 3,154 clientsAsset managerHybridLadenburg Thalmann & Co. Inc., Osaic Institutions, Inc.
    Schwab 53%Fidelity 47%
    $6.7B
  31. 1758
    NXT Capital Investment Advisers, LLCChicago, IL · 22 clientsPrivate fund adviserHybridHilco Corporate Finance, LLC, Lument Securities, LLC, clears through Pershing
    Computershare Trust Company 72%State Street 28%
    $6.6B
  32. 1761
    Matthews International Capital Management, LLCSan Francisco, CA · 38 clientsAsset managerHybridMatthews Global Investors (hong Kong) Limited
    No custodian reported
    $6.6B
  33. 1770
    T. Rowe Price (canada), Inc.Baltimore, MD · 27 clientsPrivate fund adviserHybridT. Rowe Price Investment Services, Inc.
    BNY 100%
    $6.6B
  34. 1771
    Level Four Advisory ServicesDallas, TX · 15,720 clientsWealth managerBank-affiliatedHybridCRI M&a Advisors, LLC, Level Four Financial, LLC
    Raymond James 89%
    $6.5B
  35. 1772
    K2/d&s Management Co., L.L.C.Stamford, CT · 72 clientsPrivate fund adviserHybridClarion Partners Emea Limited, Clarion Partners Securities, LLC
    The Master Trust Bank of Japan, LTD 100%
    $6.5B
  36. 1773
    Shelton Capital ManagementDenver, CO · 1,500 clientsAsset managerHybridRFS Partners
    Raymond James 43%Schwab 42%
    $6.5B
  37. 1774
    Sendero Wealth Management, LLCSan Antonio, TX · 369 clientsWealth managerHybridSendero Securities, LLC, clears through Pershing
    Pershing 86%
    $6.5B
  38. 1777
    Osaic Institutions, Inc.Meriden, CT · 16,312 clientsBroker-dealer firmHybridLadenburg Thalmann & Co. Inc., Osaic Services, Inc.
    Pershing 100%
    $6.5B
  39. 1786
    Nassau Global Credit LLCNew York, NY · 26 clientsPrivate fund adviserAffiliated broker-dealer1851 Securities, Inc
    Computershare Corporate Trust 90%
    $6.4B
  40. 1799
    Missionsquare RetirementWashington, DC · 40,527 clientsWealth managerHybridIcma-Rc Services, LLC
    Vantagetrust 100%
    $6.3B

RIAs by state