Thursday, October 22, 2026The Morning EditionOpen AtlasSign inJoin free
FinancialADVSR

Est. 2026The front page of wealth managementNew York

The Morning EditionFree · 6:30 AM ETSubscribe
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
AtlasFinancial ADVSR
Open free

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. 201
    Verition Fund Management LLCGreenwich, CT · 5 clientsPrivate fund adviser
    No custodian reported
    $139B
  2. 202
    Primecap Management CoPasadena, CA · 13 clientsAsset managerHybrid
    Northern Trust 100%
    $139B
  3. 203
    Cambridge Investment Research Advisors, Inc.Fairfield, IA · 361,213 clientsWealth managerWrap sponsorHybridCambridge Investment Research, Inc.
    Pershing 53%Fidelity 47%
    $139B
  4. 204
    Capula Investment US LPNew York, NY · 8 clientsPrivate fund adviserHybridMontec Securities LLC
    BNY 100%
    $137B
  5. 205
    First Eagle Investment Management, LLCNew York, NY · 44 clientsAsset managerHybridFEF Distributors, LLC
    State Street 48%BNY 41%
    $136B
  6. 206
    Rhumbline AdvisersBoston, MA · 399 clientsAsset manager
    Northern Trust 39%BNY 32%State Street 29%
    $136B
  7. 207
    RathbonesLiverpool, United Kingdom · 150,885 clientsWealth manager
    Rathbone Nominees Limited 37%Allfunds Bank SAU London Branch 35%BNY 28%
    $135B
  8. 208
    Goldman Sachs & Co. LLCNew York, NY · 46,268 clientsBroker-dealer firmHybridFolio Investments, Inc., Goldman Sachs (asia) Finance
    Goldman Sachs 100%
    $134B
  9. 209
    Aflac Asset Management LLCNew York, NY · 9 clientsAsset manager
    BNY 100%
    $133B
  10. 210
    Brighthouse Investment Advisers, LLCCharlotte, NC · 5,705 clientsAsset managerHybridBrighthouse Securities, LLC
    State Street 50%Brighthouse Life Insurance 47%
    $133B
  11. 211
    Blackstone Real Estate Advisors L.P.New York, NY · 72 clientsPrivate fund adviserHybridBlackstone Securities Partners L.P., Currencies Direct LTD
    No custodian reported
    $131B
  12. 212
    Income Research + ManagementBoston, MA · 937 clientsAsset managerHybrid
    BNY 41%Northern Trust 37%
    $131B
  13. 213
    Ninety One UK LimitedLondon, United Kingdom · 239 clientsAsset manager
    State Street 37%J.P. Morgan 23%HSBC Bank PLC 23%
    $130B
  14. 214
    Thrivent Financial for LutheransMinneapolis, MN · 34 clientsAsset managerHybridThrivent Distributors, LLC, Thrivent Investment Management Inc.
    State Street 100%
    $129B
  15. 215
    Elliott Investment Management L.P.West Palm Beach, FL · 48 clientsPrivate fund adviser
    No custodian reported
    $129B
  16. 216
    Van ECK Associates Corp.New York, NY · 145 clientsAsset managerHybridVan ECK Securities Corporation, Vaneck (europe) Gmbh
    J.P. Morgan 55%BNY 45%
    $126B
  17. 217
    MarinerOverland Park, KS · 55,512 clientsWealth managerHybridMsec, LLC, W G Securities, LLC, clears through National Financial Services (Fidelity)
    Schwab 57%Fidelity 43%
    $125B
  18. 218
    General Atlantic Service Company, L.P.New York, NY · 651 clientsPrivate fund adviserHybridGA Capital Markets BD, LLC
    No custodian reported
    $125B
  19. 219
    Brown AdvisoryBaltimore, MD · 4,415 clientsAsset managerHybrid
    U.S. Bank 57%Fidelity 43%
    $124B
  20. 220
    GC Opal Advisors LLCChicago, IL · 87 clientsPrivate fund adviserHybrid
    Northern Trust 65%Wells Fargo 35%
    $124B
  21. 221
    Hartford Investment Management CompanyHartford, CT · 80 clientsAsset managerAffiliated broker-dealerHartford Funds Distributors, LLC
    J.P. Morgan 83%
    $124B
  22. 222
    Wealth Enhancement Advisory Services, LLCPlymouth, MN · 85,001 clientsWealth managerHybridWealth Enhancement Brokerage Services, LLC, clears through National Financial Services (Fidelity)
    Schwab 71%Fidelity 29%
    $122B
  23. 223
    Sanders Capital, LLCWest Palm Beach, FL · 101 clientsAsset manager
    State Street 52%J.P. Morgan 25%Private Banking - Investment 23%
    $122B
  24. 224
    Sammons Financial Group Asset Management, LLCWest DES Moines, IA · 9 clientsAsset managerHybridSammons Financial Network, LLC
    Citi 100%
    $122B
  25. 225
    Corebridge Institutional Investments (u.s.), LLCJersey City, NJ · 41 clientsAsset managerHybridCorebridge Capital Services, Inc.
    BNY 100%
    $121B
  26. 226
    New York Life Investment Management LLCNew York, NY · 933 clientsAsset managerHybridNylife Distributors LLC, Nylife Securities LLC, clears through National Financial Services (Fidelity)
    Merrill / Bank of America 64%Morgan Stanley 22%
    $121B
  27. 227
    Lazard Asset Management LLCNew York, NY · 5,110 clientsAsset managerHybridLazard Asset Management (canada) Securities, ULC, Lazard Asset Management Securities LLC, clears through Pershing
    State Street 32%BNY 26%
    $121B
  28. 228
    Silver Lake Technology Management, LLCMenlo Park, CA · 38 clientsPrivate fund adviser
    No custodian reported
    $118B
  29. 229
    Iconiq Capital, LLCSAN Francisco, CA · 846 clientsPrivate fund adviser
    Fidelity 86%
    $118B
  30. 230
    Putnam Investment Management, LLCBoston, MA · 16,428 clientsAsset managerHybridClarion Partners Emea Limited, Clarion Partners Europe (u.k.) Limited
    Merrill / Bank of America 43%Morgan Stanley 37%
    $117B
  31. 231
    Icici Asset ManagementMumbai, Maharashtra, India · 28,296 clientsPrivate fund adviserAffiliated broker-dealerIcici Bank Limited, Icici Securities LTD.
    Icici Bank Limited 100%
    $117B
  32. 232
    Boston PartnersBoston, MA · 6,982 clientsAsset managerHybridBoston Partners Securities, L.L.C.
    BNY 53%Northern Trust 47%
    $116B
  33. 233
    TPG Angelo GordonNew York, NY · 366 clientsPrivate fund adviserHybridAngelo, Gordon Hong Kong Limited, TPG Angelo, Gordon International LLC
    U.S. Bank 53%BNY 33%
    $116B
  34. 234
    MML Investors Services, LLCSpringfield, MA · 454,836 clientsBroker-dealer firmHybridFlourish Financial LLC, MML Distributors, LLC
    Fidelity 100%
    $116B
  35. 235
    Record Currency Management LimitedLondon, United Kingdom · 189 clientsAsset managerAffiliated broker-dealerInte Securities LLC
    No custodian reported
    $114B
  36. 236
    MFS Institutional Advisors Inc.Boston, MA · 13,555 clientsAsset managerHybridMFS Fund Distributors, Inc., MFS International (hong Kong) Limited
    Northern Trust 38%State Street 26%
    $114B
  37. 237
    New England Asset Management, Inc.Farmington, CT · 145 clientsAsset manager
    BNY 55%U.S. Bank 23%
    $112B
  38. 238
    Pgim Quantitative SolutionsNewark, NJ · 117 clientsAsset managerAffiliated broker-dealerPruco Securities, LLC, Prudential Annuities Distributors, Inc
    State Street 56%
    $111B
  39. 239
    Hellman & Friedman LLCSAN Francisco, CA · 45 clientsPrivate fund adviser
    No custodian reported
    $110B
  40. 240
    PathstoneEnglewood, NJ · 2,244 clientsWealth manager
    Schwab 57%Fidelity 25%
    $110B

RIAs by state