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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

627 firms manage $3.9 trillionBNY Pershing

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. 040
    Envestnet PMCBerwyn, PA · 2,241,364 clientsWealth managerWrap sponsorHybridEnvestnet Securities, Inc., Fidx Markets LLC
    Fidelity 73%Pershing 27%
    $615B
  2. 100
    Cetera Investment Advisers LLCSchaumburg, IL · 813,961 clientsWealth managerWrap sponsorHybridCetera Advisors LLC, Cetera Financial Specialists LLC, clears through Pershing
    Pershing 61%Fidelity 23%
    $257B
  3. 108
    Osaic Wealth, Inc.Scottsdale, AZ · 575,512 clientsBroker-dealer firmHybridLadenburg Thalmann & Co. Inc., Osaic Institutions, Inc.
    Pershing 61%Fidelity 39%
    $235B
  4. 133
    Hightower Advisors, LLCChicago, IL · 64,035 clientsWealth managerHybridHightower Securities, LLC, clears through National Financial Services (Fidelity), Pershing, J.P. Morgan
    Fidelity 46%Schwab 36%
    $199B
  5. 135
    Empower Advisory Group, LLCGreenwood Village, CO · 297,074 clientsWealth managerHybridEmpower Financial Services, Inc.
    Empower 67%Pershing 24%
    $195B
  6. 163
    CorientMiami, FL · 26,586 clientsWealth managerAffiliated broker-dealerCanada Capital Management LTD, Canada Financial Management LTD
    Schwab 68%Fidelity 32%
    $165B
  7. 203
    Cambridge Investment Research Advisors, Inc.Fairfield, IA · 361,213 clientsWealth managerWrap sponsorHybridCambridge Investment Research, Inc.
    Pershing 53%Fidelity 47%
    $139B
  8. 242
    Harris | OakmarkChicago, IL · 2,320 clientsAsset managerHybridHarris Associates Securities L.P., Natixis Distribution, LLC
    Pershing 64%Northern Trust 36%
    $109B
  9. 320
    Cresset Asset Management, LLCChicago, IL · 4,911 clientsWealth managerBank-affiliated
    Fidelity 53%Pershing 39%
    $79B
  10. 336
    RBC Rochdale, LLCNew York, NY · 17,054 clientsWealth managerBank-affiliatedHybridCNR Securities LLC, RBC Capital Markets, LLC, clears through Pershing
    City National Bank 48%Pershing 27%Assetmark Brokerage 25%
    $73B
  11. 352
    Russell InvestmentsSeattle, WA · 72 clientsAsset managerHybridRussell Investments Financial Services, LLC, Russell Investments Implementation Services, LLC
    Pershing 76%Fidelity 24%
    $69B
  12. 378
    Quantinno Capital Management LPNew York, NY · 8,264 clientsWealth manager
    Fidelity 54%Schwab 32%
    $61B
  13. 398
    Citigroup Global Markets Inc.New York, NY · 59,829 clientsBroker-dealer firmHybridBank Handlowy W Warszawie S.A. (poland), Citi Mexico Casa De Bolsa, S.A. De C.v., Grupo Financiero Citi Mexico
    Pershing 83%
    $56B
  14. 404
    Thornburg Investment Management IncSanta FE, NM · 635 clientsAsset managerHybridThornburg Investment Management (asia) LTD, Thornburg Securities LLC
    Sumitomo Mitsui Trust (hong Kong) Limited 35%RBC 34%
    $54B
  15. 441
    SCS Capital Management LLCBoston, MA · 589 clientsWealth managerAffiliated broker-dealer
    Fidelity 54%Pershing 24%
    $49B
  16. 504
    Focus Advisor Solutions, LLCSt. Louis, MO · 35,101 clientsWealth managerHybrid
    Schwab 70%
    $41B
  17. 537
    Wealthspire Retirement AdvisoryAliso Viejo, CA · 7,532 clientsAsset managerHybrid
    Fidelity 45%Schwab 45%
    $39B
  18. 540
    First Manhattan Co. LLCNew York, NY · 6,294 clientsWealth managerWrap sponsorHybridFirst Manhattan Securities LLC, clears through Pershing
    Pershing 100%
    $38B
  19. 542
    Advice and Planning ServicesNew York, NY · 72,503 clientsBroker-dealer firmHybridNuveen Securities, LLC
    Pershing 100%
    $38B
  20. 554
    Steward Partners Investment Advisory, LLCStamford, CT · 42,763 clientsBroker-dealer firmHybridSteward Partners Investment Solutions, LLC
    Raymond James 100%
    $37B
  21. 588
    Sanctuary Advisors, LLCMiami, FL · 19,540 clientsWealth managerWrap sponsorHybridSanctuary Securities, Inc.
    Pershing 50%Schwab 37%
    $35B
  22. 594
    Wealthspire AdvisorsNew York, NY · 9,973 clientsWealth manager
    Schwab 75%
    $34B
  23. 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
  24. 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
  25. 655
    Gotham Asset Management, LLCNew York, NY · 289 clientsAsset managerHybrid
    Merrill / Bank of America 43%Pershing 31%Morgan Stanley 26%
    $30B
  26. 687
    Silvercrest Asset Management Group LLCNew York, NY · 1,205 clientsWealth managerPublic-company owned
    Schwab 52%Pershing 48%
    $28B
  27. 710
    Arax Advisory PartnersNew York, NY · 15,662 clientsWealth managerHybridUsca Securities LLC, clears through National Financial Services (Fidelity)
    Fidelity 58%Schwab 32%
    $27B
  28. 747
    Davenport & Company LLCRichmond, VA · 17,724 clientsBroker-dealer firmHybrid
    Pershing 100%
    $25B
  29. 757
    Belle Haven Investments, L.P.RYE Brook, NY · 27,602 clientsBroker-dealer firmHybrid
    Fidelity 35%Schwab 28%
    $24B
  30. 821
    Lincoln InvestmentFort Washington, PA · 138,369 clientsBroker-dealer firmHybrid
    Pershing 100%
    $22B
  31. 828
    Ehrenkranz Partners L.P.New York, NY · 204 clientsWealth manager
    Pershing 93%
    $22B
  32. 844
    Arrowmark Colorado Holdings, LLCDenver, CO · 138 clientsPrivate fund adviserHybrid
    Pershing 100%
    $21B
  33. 874
    Summit Trail Advisors, LLCNew York, NY · 742 clientsWealth managerHybridSummit Trail Securities, LLC
    Pershing 55%Schwab 25%
    $20B
  34. 900
    Benjamin F. Edwards & Company, IncorporatedSt. Louis, MO · 33,057 clientsBroker-dealer firmHybridBenjamin F. Edwards & Company, Incorporated
    Pershing 100%
    $19B
  35. 907
    Transamerica Retirement Advisors, LLCCedar Rapids, IA · 212,722 clientsWealth managerPublic-company ownedHybridTransamerica Capital, LLC, Transamerica Financial Advisors, LLC
    State Street 48%American Trust Custody 26%Pershing 26%
    $19B
  36. 935
    StephensLittle Rock, AR · 21,991 clientsBroker-dealer firmHybridStephens Europe Limited
    Pershing 100%
    $18B
  37. 973
    Allen Investment Management, LLCNew York, NY · 144 clientsWealth managerAffiliated broker-dealerAllen & Company LLC, clears through Pershing
    Fidelity 37%Schwab 27%
    $17B
  38. 995
    Independent Financial PartnersTampa, FL · 54,154 clientsWealth managerHybridIFP Securities, LLC, clears through Pershing
    Fidelity 34%Schwab 30%
    $16B
  39. 1019
    Mason Investment Advisory Services IncReston, VA · 1,147 clientsAsset manager
    Pershing 100%
    $16B
  40. 1025
    Primerica AdvisorsDuluth, GA · 67,816 clientsBroker-dealer firmHybridPfsl Investments Canada LTD., Primerica Brokerage Services, Inc., clears through Pershing
    Pershing 100%
    $16B

RIAs by state