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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.

Filters

17,210 firms manage $177.9 trillion

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. 081
    Northwestern Mutual Investment Management Company, LLCMilwaukee, WI · 23 clientsAsset managerAffiliated broker-dealerNorthwestern Mutual Investment Services, LLC
    BNY 100%
    $323B
  2. 082
    AQR Capital Management, LLCGreenwich, CT · 717 clientsPrivate fund adviserHybridAQR Investments, LLC
    Fidelity 100%
    $312B
  3. 083
    RBC Capital Markets, LLCNew York, NY · 283,910 clientsBroker-dealer firmHybridRBC CMA LTD, RBC Dominion Securities, Inc.
    No custodian reported
    $310B
  4. 084
    First Trust Advisors LPWheaton, IL · 5,731 clientsAsset managerHybridFirst Trust Japan GK, First Trust Portfolios Asia PTE. LTD.
    Schwab 62%Fidelity 38%
    $309B
  5. 085
    American Century Investment Management IncKansas City, MO · 716 clientsAsset managerHybridAmerican Century Investment Services, Inc.
    State Street 52%
    $306B
  6. 086
    Samsung Asset Management Company, LTD.Seoul, Korea, South · 1,063 clientsPrivate fund adviserAffiliated broker-dealerSamsung Securities (america), Inc., Samsung Securities Co. LTD
    No custodian reported
    $301B
  7. 087
    Creative PlanningOverland Park, KS · 100,298 clientsWealth managerPublic-company owned
    Schwab 53%Ascensus Broker Dealer Services 25%Fidelity 22%
    $296B
  8. 088
    Tiaa-Cref Investment Management LLCNew York, NY · 8 clientsAsset managerHybridNuveen Securities, LLC, Tiaa-Cref Individual & Institutional Services, LLC
    No custodian reported
    $292B
  9. 089
    The Carlyle GroupWashington, DC · 612 clientsPrivate fund adviserHybridCarlyle Asia Limited, Carlyle Australia Equity Management PTY Limited
    No custodian reported
    $284B
  10. 090
    Victory Capital Management Inc.SAN Antonio, TX · 18,120 clientsAsset managerHybridVictory Capital Services, Inc., clears through Pershing
    BNY 57%State Street 24%
    $283B
  11. 091
    Nuveen Asset Management, LLCChicago, IL · 65,258 clientsAsset managerHybridNuveen Securities, LLC
    Morgan Stanley 41%Schwab 30%Merrill / Bank of America 29%
    $280B
  12. 092
    T. Rowe Price International LTDLondon, United Kingdom · 223 clientsAsset managerAffiliated broker-dealerT. Rowe Price Investment Services, Inc.
    State Street 62%HSBC Hong Kong 23%
    $277B
  13. 093
    Voya Investment Management Co. LLCNew York, NY · 566 clientsAsset managerHybridVoya Financial Advisors, Inc., Voya Financial Partners, LLC
    BNY 61%State Street 23%
    $275B
  14. 094
    Point72 Asset Management, L.P.Stamford, CT · 19 clientsPrivate fund adviser
    No custodian reported
    $274B
  15. 095
    Taula Capital Management (UK) LLPSt Helier, Jersey · 6 clientsPrivate fund adviser
    No custodian reported
    $273B
  16. 096
    KKR Credit Advisors (US) LLCSAN Francisco, CA · 204 clientsAsset managerHybridAlps Co-Invest GP LLC, KKR Australia Investment Management PTY Limited
    U.S. Bank 83%
    $271B
  17. 097
    Lord, Abbett & Co. LLCJersey City, NJ · 25,775 clientsAsset managerHybridLord Abbett Distributor LLC
    Merrill / Bank of America 49%BNY 27%Morgan Stanley 24%
    $270B
  18. 098
    L&g - Asset Management, AmericaChicago, IL · 195 clientsAsset manager
    Citi 73%
    $267B
  19. 099
    HSBC Global Asset Management (UK) LimitedLondon, United Kingdom · 294 clientsPrivate fund adviserAffiliated broker-dealer
    No custodian reported
    $260B
  20. 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
  21. 101
    Wells Fargo AdvisorsSt. Louis, MO · 466,575 clientsBroker-dealer firmHybridWells Fargo Bank, National Association., Wells Fargo Clearing Services, LLC
    Wells Fargo 100%
    $252B
  22. 102
    Capital Bank and Trust CompanyIrvine, CA · 588 clientsPrivate fund adviserHybridCapital Client Group, Inc.
    BNY 100%
    $251B
  23. 103
    Vanguard Global Advisers, LLCMalvern, PA · 78 clientsPrivate fund adviserHybridVanguard Investments Canada Inc., Vanguard Marketing Corporation
    No custodian reported
    $250B
  24. 104
    Balyasny Asset Management L.P.Chicago, IL · 48 clientsPrivate fund adviser
    No custodian reported
    $248B
  25. 105
    Amova Asset Management Co.,ltd.Tokyo, Japan · 839 clientsPrivate fund adviserAffiliated broker-dealerAmova Securities Co., LTD.
    Sumitomo Mitsui Trust Bank, Limited. 38%The Master Trust Bank of Japan, LTD. 23%
    $247B
  26. 106
    Jackson National Asset Management, LLCLansing, MI · 134 clientsAsset managerHybridJackson National Life Distributors LLC
    No custodian reported
    $246B
  27. 107
    Guggenheim Partners Investment Management, LLCNew York, NY · 440 clientsAsset managerHybridGuggenheim Funds Distributors, LLC, Guggenheim Investor Services, LLC, clears through Pershing
    Citi 86%
    $241B
  28. 108
    Osaic Wealth, Inc.Scottsdale, AZ · 575,512 clientsBroker-dealer firmHybridLadenburg Thalmann & Co. Inc., Osaic Institutions, Inc.
    Pershing 61%Fidelity 39%
    $235B
  29. 109
    Two Sigma Investments, LPNew York, NY · 42 clientsPrivate fund adviserHybridTwo Sigma Execution Services, LLC, Two Sigma Securities UK Limited
    Morgan Stanley 100%
    $233B
  30. 110
    DWS International GmbhFrankfurt AM Main, Germany · 136 clientsBroker-dealer firmAffiliated broker-dealerDeutsche Bank AG
    BNY 42%State Street 33%Deutsche Bank AG 26%
    $229B
  31. 111
    Manulife Investment Management (US) LLCBoston, MA · 4,861 clientsAsset managerHybridJohn Hancock Distributors LLC, John Hancock Investment Management Distributors LLC
    State Street 66%
    $228B
  32. 112
    Squarepoint OPS LLCNew York, NY · 28 clientsPrivate fund adviser
    No custodian reported
    $227B
  33. 113
    Mercer Investments LLCBoston, MA · 1,407 clientsAsset managerHybridMMA Securities LLC, MMC Securities LLC, clears through Pershing
    Northern Trust 57%Fidelity 43%
    $226B
  34. 114
    Schonfeld Strategic Advisors LLCNew York, NY · 39 clientsPrivate fund adviser
    No custodian reported
    $225B
  35. 115
    SBI Funds Management LimitedMumbai, India · 1,993 clientsAsset manager
    Standard Chartered Bank 80%
    $220B
  36. 116
    Rokos Capital Management LLPLondon, United Kingdom · 2 clientsPrivate fund adviser
    No custodian reported
    $219B
  37. 117
    SEI Investments Management CorpOaks, PA · 112,646 clientsAsset managerHybridSEI Investments (south Africa) Limited, SEI Investments Distribution Co.
    SEI 100%
    $216B
  38. 118
    Jennison AssociatesNew York, NY · 6,083 clientsAsset managerHybridPrudential Investment Management Services LLC
    BNY 38%Northern Trust 33%State Street 28%
    $215B
  39. 119
    D. E. Shaw & Co., L.P.New York, NY · 23 clientsPrivate fund adviserHybridD.E. Shaw Securities, L.L.C.
    No custodian reported
    $213B
  40. 120
    Commonwealth Financial NetworkWaltham, MA · 360,488 clientsBroker-dealer firmHybridLPL Enterprise, LLC, LPL Financial LLC
    Fidelity 100%
    $213B

RIAs by state