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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 saysTA Top 15 States for Average Individual Income Taxes, 2025
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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

684 firms manage $7.8 trillionIllinois

Open in the Atlas screener

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  1. 624
    Magnetar Financial LLCEvanston, IL · 67 clientsPrivate fund adviser
    No custodian reported
    $32B
  2. 640
    Ptma Investment AdvisorsNaperville, IL · 161 clientsPrivate fund adviserHybridPMA Securities, LLC
    U.S. Bank 78%UMB Bank 22%
    $31B
  3. 649
    Innovator Capital Management, LLCWheaton, IL · 1 clientsAsset managerHybrid
    No custodian reported
    $30B
  4. 698
    AAMChicago, IL · 123 clientsAsset managerAffiliated broker-dealerSecurian Financial Services, Inc.
    U.S. Bank 69%BNY 31%
    $27B
  5. 712
    Allstate Investment Management CompanyChicago, IL · 97 clientsAsset manager
    BNY 100%
    $26B
  6. 714
    CFI PartnersChicago, IL · 6 clientsAsset manager
    BNY 100%
    $26B
  7. 718
    Driehaus Capital Management LLCChicago, IL · 90 clientsAsset managerHybrid
    BNY 62%State Street 25%
    $26B
  8. 806
    Segall Bryant & HamillChicago, IL · 5,743 clientsAsset managerHybrid
    Brown Brothers & Harriman & 34%J.P. Morgan 24%
    $23B
  9. 853
    Madison Dearborn PartnersChicago, IL · 57 clientsPrivate fund adviserAffiliated broker-dealerAnkura Capital Advisors, LLC
    No custodian reported
    $21B
  10. 864
    Harrison Street Advisors, LLCChicago, IL · 12 clientsPrivate fund adviserAffiliated broker-dealerColliers Capital Holdings Limited
    No custodian reported
    $20B
  11. 891
    Choreo, LLCRockford, IL · 6,891 clientsWealth managerHybrid
    Schwab 86%
    $19B
  12. 913
    Monroe Capital Management Advisors LLCChicago, IL · 90 clientsPrivate fund adviser
    No custodian reported
    $19B
  13. 947
    Amplify EtfsLisle, IL · 42 clientsAsset managerHybrid
    No custodian reported
    $18B
  14. 952
    Geowealth Management LLCChicago, IL · 51,018 clientsWealth manager
    Schwab 73%Fidelity 27%
    $18B
  15. 998
    Great Lakes Advisors, LLCChicago, IL · 1,731 clientsAsset managerHybrid
    State Street 47%LPL Financial 31%
    $16B
  16. 1004
    50 South Capital Advisors, LLCChicago, IL · 139 clientsPrivate fund adviserHybridNorthern Trust Securities, Inc.
    No custodian reported
    $16B
  17. 1049
    Wolverine Asset Management, LLCChicago, IL · 3 clientsPrivate fund adviserHybridWolverine Execution Services, LLC, Wolverine Trading UK, Limited, clears through RBC Capital Markets, Goldman Sachs, BofA Securities
    No custodian reported
    $15B
  18. 1058
    Zacks Investment Management, Inc.Chicago, IL · 3,741 clientsAsset managerHybridLbmz Securities, Inc., clears through Interactive Brokers
    Schwab 38%Fidelity 30%
    $15B
  19. 1069
    M&g Investments (USA) Inc.Chicago, ILAsset manager
    HSBC Bank PLC 97%
    $14B
  20. 1092
    The Vistria Group, LPChicago, IL · 23 clientsPrivate fund adviser
    No custodian reported
    $14B
  21. 1095
    Linden Capital PartnersChicago, IL · 28 clientsPrivate fund adviser
    No custodian reported
    $14B
  22. 1107
    Gresham Partners, LLCChicago, IL · 251 clientsPrivate fund adviser
    Fidelity 100%
    $14B
  23. 1109
    Dolan McEniry Capital Management LLCChicago, IL · 6,403 clientsAsset managerAffiliated broker-dealer
    Morgan Stanley 52%UBS 48%
    $14B
  24. 1126
    Partners Enterprise Capital LLCChicago, IL · 2 clientsPrivate fund adviser
    No custodian reported
    $13B
  25. 1128
    The Mather Group, LLCChicago, IL · 4,773 clientsWealth manager
    Fidelity 56%Schwab 44%
    $13B
  26. 1156
    State Farm Investment Management Corp.Bloomington, IL · 3,575 clientsAsset managerHybridState Farm VP Management Corp.
    No custodian reported
    $13B
  27. 1166
    Ariel Investments, LLCChicago, IL · 146 clientsAsset managerHybridAriel Distributors, LLC
    Northern Trust 52%BNY 27%
    $13B
  28. 1170
    Brookstone Capital Management LLCWheaton, IL · 54,845 clientsWealth managerWrap sponsorHybrid
    No custodian reported
    $13B
  29. 1171
    Duff & Phelps Investment Management Co.Chicago, IL · 44 clientsAsset managerHybridVP Distributors LLC
    State Street 100%
    $13B
  30. 1174
    First Trust Capital Management L.P.Chicago, IL · 40 clientsAsset managerHybridFirst Trust Portfolios L.P.
    No custodian reported
    $13B
  31. 1212
    Christian Brothers Investment Services, Inc.Chicago, IL · 1 clientsAsset managerHybrid
    No custodian reported
    $12B
  32. 1238
    Evergreen Investment AdvisorsChicago, IL · 3 clientsPrivate fund adviser
    No custodian reported
    $12B
  33. 1240
    Curi Capital, LLCChicago, IL · 2,960 clientsWealth managerHybrid
    Fidelity 82%
    $12B
  34. 1252
    Lasalle Investment ManagementChicago, IL · 25 clientsPrivate fund adviserHybridJones Lang Lasalle Securities, LLC, Lasalle Investment Management Distributors, LLC
    No custodian reported
    $11B
  35. 1261
    PT Asset Management, LLCChicago, IL · 4 clientsAsset managerHybridPT Capital Partners Limited, Performance Trust Capital Partners, LLC, clears through Pershing
    U.S. Bank 100%
    $11B
  36. 1338
    Readystate Asset ManagementChicago, IL · 5 clientsPrivate fund adviser
    No custodian reported
    $10B
  37. 1374
    BMO Family Office, LLCChicago, IL · 73 clientsWealth managerBank-affiliatedAffiliated broker-dealerBMO Capital Markets Corp., BMO Nesbitt Burns Inc.
    Schwab 63%Northern Trust 37%
    $10.0B
  38. 1387
    Spiderrock Advisors, LLCChicago, IL · 4,480 clientsWealth managerBank-affiliatedHybrid
    Schwab 35%Fidelity 34%
    $9.8B
  39. 1390
    IHT Wealth Management LLCChicago, IL · 25,536 clientsBroker-dealer firmHybridIHT Securities, LLC
    LPL Financial 100%
    $9.8B
  40. 1392
    Walton Street Capital, L.L.C.Chicago, IL · 55 clientsPrivate fund adviser
    No custodian reported
    $9.8B

RIAs by state