RIA Data Center

Use this interactive rankings tool to find key information on fee-only registered investment advisory firms*.

Sort by business name or assets under management, or use the filters offered to tailor the entire RIA universe to your liking.

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Rank Business Name Avg. account AUM Discretionary AUM Non-discretionary AUM Total AUM
1WMS Partners, LLC$7,206,586$3,130,551,967$1,243,845,713$4,374,397,680
2Heritage Investors Management Corp$2,419,977$3,072,409,103$10,641,652$3,083,050,755
3Verdence Capital Advisors, LLC$602,297$2,472,428,702$2,472,428,702
4Pinnacle Advisory Group, Inc.$403,691$2,317,996,134$2,317,996,134
5Maryland Capital Management, LLC$872,841$1,941,082,275$5,353,094$1,946,435,369
6Cornerstone Advisory, LLC$1,138,062$1,429,405,386$1,429,405,386
7Fulton Breakefield Broenniman,LLC$579,012$1,418,000,000$1,418,000,000
8Retirement Management Systems, Inc.$454,903$1,370,621,789$1,370,621,789
9Baltimore-Washington Financial Advisors, Inc.$524,704$1,205,884,388$32,417,924$1,238,302,312
10Edgemoor Investment Advisors, Inc.$1,201,222$1,101,520,202$1,101,520,202
11WBH Advisory, Inc.$572,568$856,562,066$856,562,066
12Tufton Capital Management, LLC$1,055,676$831,873,000$831,873,000
13Financial Services Advisory Inc$351,676$726,914,646$726,914,646
14HORAN CAPITAL MANAGEMENT,LLC$527,234$723,364,700$723,364,700
15Burt Associates, Incorporated$645,359$702,796,467$702,796,467
16The Family Firm, Inc.$675,566$669,485,979$669,485,979
17Sargent Investment Group, LLC$1,022,489$657,863,000$437,223,000$1,095,086,000
18Aegis Wealth Management LLC$1,466,103$637,754,732$637,754,732
19Marathon Capital Management LLC$965,092$591,601,523$591,601,523
20Kelly Financial Group, LLC$656,203$585,989,689$585,989,689
21The Financial Consulate, Inc$164,257$576,805,455$8,605,887$585,411,342
22Annapolis Financial Services, LLC$521,313$536,819,568$654,350$537,473,918
23Pennington Partners & Co., LLC$2,483,347$503,846,698$606,209,607$1,110,056,305
24Facet Wealth, Inc$199,543$502,250,733$502,250,733
25Warner Financial, Inc$797,839$496,551,768$18,054,463$514,606,231
26Black Diamond Financial, LLC$908,111$428,221,870$60,341,918$488,563,788
27AFS Financial Group, LLC$502,990$410,942,482$410,942,482
28Grant/Grossmendelsohn, LLC$692,537$397,628,897$27,588,957$425,217,854
29Van Sant & Mewshaw, Inc$863,572$397,242,967$397,242,967
30The Luts & Greenleigh Group, Inc.$675,694$383,635,530$42,727,480$426,363,010
31Court Place Advisors LLC$1,193,006$380,843,144$918,738$381,761,882
32Kendall Capital Management$355,732$357,865,904$357,865,904
33Lowe Wealth Advisors, LLC$289,259$352,557,063$9,016,736$361,573,799
34Brightside Advisory Partners, LLC$1,281,201$344,643,090$344,643,090
35Geier Asset Management Inc$283,299$323,299,000$30,258,000$353,557,000
36Bontempo Ohly Capital Management, LLC$532,399$298,143,236$298,143,236
37Marks Wealth, LLC$450,704$298,000,000$22,000,000$320,000,000
38Financial Advantage Inc$470,353$297,733,364$297,733,364
39Carmichael Hill & Associates Inc$317,429$253,625,927$253,625,927
40May Barnhard Investments LLC, D/B/A Mbi LLC$695,799$251,285,585$16,597,030$267,882,615
411 North Wealth Services, LLC$372,067$245,564,288$245,564,288
42Ferguson-Johnson Wealth Management, Inc.$1,362,284$226,696,987$6,253,653$232,950,640
43Thoma Capital Management LLC$216,863$202,340,691$2,812,062$205,152,753
44The Ellerson Group Inc$2,155,427$191,467,554$2,520,879$193,988,433
45L. K. Benson & Company, P.C.$2,380,724$190,457,934$190,457,934
46Huber, Weakland & Associates, Inc.$497,368$188,999,935$188,999,935
47Waypoint Wealth Management, LLC$344,399$172,199,553$172,199,553
48New Potomac Partners LLC$1,521,137$166,438,021$13,056,102$179,494,123
49PKS Investment Advisors LLC$211,709$164,812,098$3,920,197$168,732,295
50Trumbower Financial Advisors LLC$1,680,912$157,530,189$1,193,922,835$1,351,453,024
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Purchase the data and information contained in the RIA Data Center in an Excel spreadsheet.

For more information about the RIA Data Center, please contact InvestmentNews Research.

Reprints: For reprints of these rankings, please contact Caroline Murphy.

*Methodology: InvestmentNews qualified 2,756 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2020, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) managed assets for individual clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) not one who is an insurance company or agency.

Database last updated on July 2021.