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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

180 firms manage $1.3 trillionWells Fargo

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. 080
    Allspring Funds Management, LLCCharlotte, NC · 10,118 clientsAsset managerHybridAllspring Funds Distributor, LLC
    Wells Fargo 64%Morgan Stanley 26%
    $325B
  2. 101
    Wells Fargo AdvisorsSt. Louis, MO · 466,575 clientsBroker-dealer firmHybridWells Fargo Bank, National Association., Wells Fargo Clearing Services, LLC
    Wells Fargo 100%
    $252B
  3. 220
    GC Opal Advisors LLCChicago, IL · 87 clientsPrivate fund adviserHybrid
    Northern Trust 65%Wells Fargo 35%
    $124B
  4. 252
    Principal Real EstateDES Moines, IA · 681 clientsAsset managerAffiliated broker-dealerEquity FC, LTD., Principal Funds Distributor, Inc., clears through National Financial Services (Fidelity)
    Wells Fargo 100%
    $106B
  5. 450
    Antares Capital Advisers LLCChicago, IL · 48 clientsPrivate fund adviserHybrid
    U.S. Bank 26%Deutsche Bank Trust Company Americas 22%
    $47B
  6. 484
    Wells Fargo Investment Institute, Inc.Charlotte, NC · 12,216 clientsWealth managerBank-affiliatedHybridWells Fargo Advisors Financial Network, LLC, Wells Fargo Bank, National Association
    Wells Fargo 100%
    $43B
  7. 516
    Milliman Financial Risk Management LLCChicago, IL · 76 clientsAsset managerHybridMilliman Investment Management Services LLC, clears through Wedbush
    J.P. Morgan 64%
    $40B
  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. 757
    Belle Haven Investments, L.P.RYE Brook, NY · 27,602 clientsBroker-dealer firmHybrid
    Fidelity 35%Schwab 28%
    $24B
  10. 1058
    Zacks Investment Management, Inc.Chicago, IL · 3,741 clientsAsset managerHybridLbmz Securities, Inc., clears through Interactive Brokers
    Schwab 38%Fidelity 30%
    $15B
  11. 1066
    Prospera Financial Services, Inc.Dallas, TX · 18,584 clientsBroker-dealer firmHybrid
    Wells Fargo 100%
    $14B
  12. 1176
    First Eagle Alternative Credit, LLCBoston, MA · 72 clientsPrivate fund adviserHybridFEF Distributors, LLC
    BNY 83%
    $13B
  13. 1230
    Gamco Asset Management Inc.Greenwich, CT · 2,042 clientsAsset managerHybridG.distributors, LLC, G.research, LLC
    J.P. Morgan 55%Wells Fargo 45%
    $12B
  14. 1304
    ACR Alpine Capital Research, LLCSt. Louis, MO · 7,171 clientsAsset managerHybrid
    Schwab 51%Wells Fargo 28%
    $11B
  15. 1305
    Baron Capital Management, Inc.New York, NY · 125 clientsPrivate fund adviserHybridBaron Capital Management UK Limited, Baron Capital, Inc.
    Wells Fargo 46%Jefferies 34%
    $11B
  16. 1340
    Cary Street PartnersRichmond, VA · 6,988 clientsWealth managerHybridCary Street Partners LLC
    Schwab 56%Wells Fargo 44%
    $10B
  17. 1472
    Crossmark Global Investments, Inc.Houston, TX · 7,902 clientsAsset managerHybridCrossmark Distributors, Inc.
    U.S. Bank 31%Wells Fargo 29%State Street 22%
    $9.0B
  18. 1484
    Axxcess Wealth Management, LLCCarlsbad, CA · 10,357 clientsWealth managerHybrid
    LPL Financial 39%Schwab 36%Wells Fargo 25%
    $8.9B
  19. 1745
    Confluence Investment Management LLCSaint Louis, MO · 14,862 clientsWealth managerWrap sponsor
    Stifel, Nicolaus & Company, Incorporated 40%Wells Fargo 25%
    $6.7B
  20. 1848
    Nicholas Co IncMilwaukee, WI · 12 clientsAsset managerHybrid
    J.P. Morgan 31%Johnson Bank 25%
    $6.1B
  21. 1859
    Thurston Springer AdvisorsIndianapolis, IN · 4,694 clientsWealth managerWrap sponsorHybridPeak Brokerage Services, LLC, Thurston, Springer, Miller, Herd & Titak, Inc., clears through Wells Fargo Clearing Services
    Wells Fargo 100%
    $6.0B
  22. 1920
    Oasis Investment Strategies LLCChicago, IL · 4 clientsAsset managerAffiliated broker-dealerR.J. O'brien (mena) Capital Limited, R.J. O'brien Securities, LLC, clears through Pershing, BofA Securities
    Chicago Mercantile Exchange 61%
    $5.7B
  23. 2163
    Contrarian Capital Management LLCGreenwich, CT · 24 clientsPrivate fund adviser
    J.P. Morgan 79%
    $4.8B
  24. 2168
    Nations Financial Group, Inc.Cedar Rapids, IA · 5,569 clientsBroker-dealer firmHybrid
    Wells Fargo 100%
    $4.8B
  25. 2341
    B. Riley Wealth Advisors, Inc.Memphis, TN · 10,573 clientsWealth managerPublic-company ownedHybridB. Riley Securities, Inc., B. Riley Wealth Management, Inc., clears through National Financial Services (Fidelity)
    Fidelity 60%Wells Fargo 40%
    $4.2B
  26. 2484
    Timucuan Asset Management IncJacksonville, FL · 621 clientsWealth manager
    Fidelity 89%
    $3.8B
  27. 2562
    Sigfig Wealth Management LLCSAN Francisco, CA · 106,361 clientsWealth manager
    Wells Fargo 83%
    $3.6B
  28. 2592
    Equity Investment CorpAtlanta, GA · 6,761 clientsWealth managerWrap sponsorHybrid
    Wells Fargo 54%UBS 46%
    $3.5B
  29. 2671
    XML Financial GroupBethesda, MD · 2,944 clientsWealth managerWrap sponsorHybridXML Securities, LLC
    Wells Fargo 69%Fidelity 31%
    $3.3B
  30. 2744
    Hilton Capital Management, LLCGarden City, NY · 1,647 clientsAsset managerHybrid
    Northern Trust 44%U.S. Bank 39%
    $3.2B
  31. 2965
    Berkshire Asset Management, LLCWilkes-Barre, PA · 2,479 clientsWealth managerHybridIM Global US Distributors LLC
    Schwab 57%Wells Fargo 43%
    $2.8B
  32. 2997
    Abner Herrman & Brock, LLCJersey City, NJ · 2,403 clientsWealth managerWrap sponsor
    UBS 29%LPL Financial 28%Fidelity Distributors Company 27%
    $2.7B
  33. 3016
    Walker & Dunlop Investment Partners, Inc.Denver, CO · 32 clientsPrivate fund adviserHybridZelman Partners, LLC
    J.P. Morgan 51%
    $2.7B
  34. 3237
    3650 Reit Investment Management LLCMiami, FL · 12 clientsPrivate fund adviser
    Bank 97%
    $2.4B
  35. 3305
    IFC Advisors LLCLOS Angeles, CA · 393 clientsWealth managerWrap sponsor
    Wells Fargo 95%
    $2.3B
  36. 3345
    RSW InvestmentsSummit, NJ · 1,412 clientsWealth managerWrap sponsorAffiliated broker-dealerResolute Investment Distributors, Inc.
    Morgan Stanley 41%UBS 31%
    $2.3B
  37. 3392
    Pacific Income Advisers IncEL Segundo, CA · 2,673 clientsAsset managerHybridSyndicated Capital, Inc.
    Morgan Stanley 59%Wells Fargo 41%
    $2.2B
  38. 3422
    Riverfront Investment Group, LLCRichmond, VA · 1,534 clientsAsset managerHybridBaird Strategas LLC, Robert W. Baird & Co. Incorporated
    Robert W. Baird & Co. Incorporated 65%
    $2.2B
  39. 3647
    Wellesley Asset Management, Inc.Portsmouth, NH · 1,296 clientsAsset managerHybrid
    Schwab 35%UBS 33%Fidelity 23%
    $2.0B
  40. 3727
    Heartland Advisors, Inc.Milwaukee, WI · 90 clientsAsset managerHybrid
    Schwab 68%
    $1.9B

RIAs by state

RIA database: every SEC-registered investment adviser, by custodian, broker-dealer and type