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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

3,733 firms manage $117.7 trillionhybrid

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. 677
    DBX Advisors LLCNew York, NY · 1 clientsAsset managerHybridDWS Distributors, Inc., Deutsche Bank AG
    No custodian reported
    $29B
  2. 683
    HPS Advisors, LLCNew York, NY · 2 clientsAsset managerHybridHPS Securities, LLC
    No custodian reported
    $29B
  3. 688
    Benefit Street Partners L.L.C.New York, NY · 74 clientsPrivate fund adviserHybridFranklin Distributors, LLC
    No custodian reported
    $28B
  4. 689
    Pretium Residential Credit Management, LLCNew York, NY · 36 clientsPrivate fund adviserHybridPretium Securities, LLC
    U.S. Bancorp Investments 79%
    $28B
  5. 696
    Towerbrook Capital PartnersNew York, NY · 62 clientsPrivate fund adviserHybridTowerbrook Financial, L.P.
    No custodian reported
    $28B
  6. 699
    The Baldwin Group Wealth Advisors, LLCTampa, FL · 2,134 clientsAsset managerHybridThe Baldwin Group Securities, LLC
    LPL Financial 79%
    $27B
  7. 702
    Smartx Advisory SolutionsWest Palm Beach, FL · 61 clientsAsset managerHybridHedgeco Securities, LLC
    Schwab 84%
    $27B
  8. 704
    Plante Moran Financial AdvisorsSouthfield, MI · 4,009 clientsWealth managerHybridP & M Corporate Finance, LLC, Plante Moran Insurance Agency Services, LLC
    No custodian reported
    $27B
  9. 705
    Aristotle Pacific Capital, LLCNewport Beach, CA · 15 clientsAsset managerHybrid
    BNY 82%
    $27B
  10. 707
    Wellth Advisory Services, LLC3,887 clientsAsset managerHybrid
    Principal Securities 59%Empower Financial Services 41%
    $27B
  11. 710
    Arax Advisory PartnersNew York, NY · 15,662 clientsWealth managerHybridUsca Securities LLC, clears through National Financial Services (Fidelity)
    Fidelity 58%Schwab 32%
    $27B
  12. 713
    Summit Financial, LLCParsippany, NJ · 18,393 clientsWealth managerWrap sponsorHybridLS Securities, LLC
    Fidelity 60%Schwab 23%
    $26B
  13. 717
    Fred Alger Management, LLCNew York, NY · 3,068 clientsAsset managerHybridAlger Management, (singapore) PTE. LTD., Alger Management, LTD
    J.P. Morgan 53%Northern Trust 47%
    $26B
  14. 718
    Driehaus Capital Management LLCChicago, IL · 90 clientsAsset managerHybrid
    BNY 62%State Street 25%
    $26B
  15. 720
    MDT Advisers, A Division of Federated Mdta LLCBoston, MA · 2,360 clientsAsset managerHybridFederated Securities Corp.
    UBS 100%
    $26B
  16. 728
    Pretium Single-Family Rental Manager III, LLCNew York, NY · 26 clientsPrivate fund adviserHybridPretium Securities, LLC
    J.P. Morgan 100%
    $26B
  17. 732
    Palmer Square Capital Management LLCMission Woods, KS · 159 clientsPrivate fund adviserHybrid
    J.P. Morgan 40%BNY 33%Northern Trust 27%
    $26B
  18. 733
    CVC Advisors (u.s.) Inc.New York, NY · 20 clientsPrivate fund adviserHybridCVC Capital Markets S.a R.L., CVC Funding, LLC
    No custodian reported
    $26B
  19. 737
    Alkeon Capital Management, LLCNew York, NY · 34 clientsPrivate fund adviserHybridBreakwater Group Distribution Services, LLC
    No custodian reported
    $25B
  20. 740
    Three Fifty Eight Investment Group, LLC1 clientsPrivate fund adviserHybrid
    No custodian reported
    $25B
  21. 741
    LPL Enterprise, LLCFort Mill, SC · 102,563 clientsBroker-dealer firmHybridCommonwealth Equity Services, LLC, LPL Financial LLC
    No custodian reported
    $25B
  22. 747
    Davenport & Company LLCRichmond, VA · 17,724 clientsBroker-dealer firmHybrid
    Pershing 100%
    $25B
  23. 749
    United Capital Financial AdvisorsIrving, TX · 25,510 clientsWealth managerPublic-company ownedHybrid
    Schwab 64%Fidelity 36%
    $25B
  24. 750
    Jefferies Finance LLCNew York, NY · 60 clientsPrivate fund adviserHybridJefferies LLC
    State Street 67%BNY 33%
    $25B
  25. 752
    Arga Investment Management, LPMiami, FL · 67 clientsAsset managerHybrid
    State Street 30%BNY 27%J.P. Morgan 25%
    $25B
  26. 753
    Gabelli Funds, LLCRye, NY · 33 clientsAsset managerHybridG.distributors, LLC, G.research, LLC
    No custodian reported
    $25B
  27. 754
    MML Investment Advisers, LLCSpringfield, MA · 56 clientsAsset managerHybridBarings LLC, Flourish Financial LLC
    No custodian reported
    $25B
  28. 757
    Belle Haven Investments, L.P.Rye Brook, NY · 27,602 clientsBroker-dealer firmHybrid
    Fidelity 35%Schwab 28%
    $24B
  29. 758
    Pgim Private Placement Investors, L.P.Newark, NJ · 33 clientsAsset managerHybridPruco Securities, LLC, Prudential Annuities Distributors, Inc
    J.P. Morgan 83%
    $24B
  30. 759
    First Command Advisory ServicesFort Worth, TX · 113,591 clientsWealth managerBank-affiliatedHybridFirst Command Brokerage Services, Inc.
    No custodian reported
    $24B
  31. 760
    Oneamerica Asset Management, LLCIndianapolis, IN · 8 clientsAsset managerHybridOneamerica Securities, Inc.
    No custodian reported
    $24B
  32. 769
    BGO US Real Estate LPNew York, NY · 264 clientsPrivate fund adviserHybridAdvisors Asset Management, Inc., BGO Capital (canada) Inc.
    No custodian reported
    $24B
  33. 771
    Precision Fiduciary Partners, LLCAustin, TX · 4,144 clientsAsset managerHybridMesirow Financial, Inc., clears through National Financial Services (Fidelity), Pershing
    No custodian reported
    $24B
  34. 773
    Bentallgreenoak (u.s.) Limited PartnershipSeattle, WA · 17 clientsPrivate fund adviserHybridAdvisors Asset Management, Inc., BGO Capital (canada) Inc.
    No custodian reported
    $24B
  35. 774
    Polen Capital Management, LLCBoca Raton, FL · 1,602 clientsAsset managerHybrid
    Morgan Stanley 58%
    $24B
  36. 776
    Commonfund Ocio, Inc.Norwalk, CT · 156 clientsPrivate fund adviserHybridCommonfund Securities, Inc.
    Fidelity 100%
    $24B
  37. 778
    Merit Financial AdvisorsAlpharetta, GA · 20,711 clientsBroker-dealer firmHybridMFG Securities, LLC
    Fidelity 74%Schwab 26%
    $24B
  38. 790
    Integrated Wealth Concepts LLCWaltham, MA · 29,848 clientsWealth managerHybrid
    LPL Financial 39%Fidelity 34%Schwab 27%
    $24B
  39. 794
    Wasatch Advisors LPSalt Lake City, UT · 239 clientsAsset managerHybrid
    Northern Trust 41%BNY 33%State Street 26%
    $23B
  40. 797
    Jordan Park Group LLCSan Francisco, CA · 229 clientsWealth managerHybridJP Portsmouth Capital LLC
    Fidelity 63%Schwab 37%
    $23B

RIAs by state