2022 TOTAL ASSETS RANK |
FIRM NAME |
LOCATION |
YEAR END 2022 ASSETS ($ MM )* |
% GROWTH IN ASSETS 2021-2022 |
ASSETS PER CLIENT ($ MM )** |
% GROWTH IN ASSETS PER CLIENT |
% CHANGE IN NO . OF CLIENTS |
51 The Mather Group Chicago , Ill . 8,718.72 1.62 % 2.16 -21.35 % 29.21 % 52 CV Advisors Aventura , Fla . 8,415.39 -10.54 % 76.50 -15.42 % 5.77 % 53 Freestone Capital Management Seattle , Wash . 8,221.07 -7.93 % 3.30 -15.03 % 8.36 % 54 TAG Associates New York , N . Y . 8,071.49 -15.00 % 73.38 -15.00 % 0.00 % 55 Anchor Capital Advisors Boston , Mass . 8,008.06 -18.21 % 7.33 -16.72 % -1.80 % 56 Mill Creek Capital Advisors Conshohocken , Pa . 7,876.36 -16.54 % 20.30 -21.48 % 6.30 % 57 Johnson Wealth Racine , Wis . 7,746.24 -12.02 % 5.02 -48.20 % 69.86 % 58 Tolleson Wealth Management Dallas , Texas 7,593.00 -90.21 % 35.99 -91.18 % 11.05 % 59 Brookstone Capital Management Wheaton , Ill . 7,514.38 -10.54 % 0.16 -13.32 % 3.21 % 60 Kovitz Investment Group Partners Chicago , Ill . 7,293.64 -6.51 % 3.27 -9.40 % 3.19 % 61 Clarfeld Financial Advisors Tarrytown , N . Y . 7,105.62 9.81 % 5.73 -2.59 % 12.73 % 62 Valeo Financial Services Carmel , Ind . 7,103.71 -2.39 % 4.13 11.44 % -12.41 % 63 Douglas C . Lane & Associates New York , N . Y . 7,045.88 -16.87 % 5.57 -18.57 % 2.10 % 64 Forum Financial Management Lombard , Ill . 7,005.56 -5.32 % 1.40 -13.66 % 9.66 % 65 Conrad Siegel Investment Advisors Harrisburg , Pa . 6,987.64 -8.27 % 16.06 -20.08 % 14.78 % 66 Bartlett Wealth Management Cincinnati , Ohio 6,948.87 -15.04 % 2.97 -24.68 % 12.81 % 67 Welch & Forbes Boston , Mass . 6,810.84 -12.76 % 8.44 -10.92 % -2.06 % 68 Modera Wealth Management Westwood , N . J . 6,800.79 -2.15 % 3.01 -14.23 % 14.08 % 69 Connectus Wealth Advisers Hunt Valley , Md . 6,773.79 74.52 % 1.30 45.59 % 19.87 % 70 Cornerstone Advisors Asset Management Bethlehem , Pa . 6,637.58 -12.80 % 14.21 -14.67 % 2.19 % 71 Circle Wealth Management Summit , N . J . 6,551.18 91.52 % 107.40 85.24 % 3.39 % 72 Wetherby Asset Management San Francisco , Calif . 6,531.45 -0.62 % 11.22 0.57 % -1.19 % 73 Coldstream Wealth Management Bellevue , Wash . 6,498.24 -9.99 % 2.48 -18.41 % 10.33 % 74 Ropes Wealth Advisors Marblehead , Mass . 6,498.20 -13.39 % 4.80 -16.91 % 4.24 % 75 Adviser Investments Newton , Mass . 6,450.16 -11.03 % 1.62 -11.17 % 0.15 % 76 RMB Capital Chicago , Ill . 6,370.89 -18.81 % 2.67 -16.37 % -2.93 % 77 SignatureFD Atlanta , Ga . 6,146.77 34.27 % 3.65 23.91 % 8.36 % 78 Altair Advisers Chicago , Ill . 6,014.19 -10.01 % 16.52 -13.47 % 4.00 % 79 Greenspring Advisors Towson , Md . 6,000.12 -2.06 % 5.28 -46.68 % 83.68 % 80 Caprock Boise , Idaho 5,919.85 3.11 % 20.34 -8.23 % 12.36 % 81 Joel Isaacson & Co . New York , N . Y . 5,911.34 -12.48 % 4.89 -13.64 % 1.34 % 82 Parallel Advisors San Francisco , Calif . 5,708.13 4.87 % 1.62 -17.80 % 27.58 % 83 Bradley , Foster & Sargent Hartford , Conn . 5,629.52 -7.72 % 3.02 -4.35 % -3.53 % 84 Heck Capital Advisors Rhinelander , Wis . 5,620.33 -15.80 % 4.86 -14.85 % -1.11 % 85 Advisors Capital Management Ridgewood , N . J . 5,601.71 4.78 % 1.33 -18.90 % 29.19 % 86 Plancorp St . Louis , Mo . 5,545.42 -8.76 % 3.63 -12.88 % 4.73 % 87 Waverly Advisors Birmingham , Ala . 5,510.88 23.32 % 2.08 -34.15 % 87.28 % 88 WMS Partners Towson , Md . 5,155.00 -9.15 % 11.11 -8.56 % -0.64 % 89 Simon Quick Advisors Morristown , N . J . 5,103.98 11.39 % 7.23 -27.11 % 52.81 % 90 Bailard Foster City , Calif . 5,083.39 -9.76 % 5.03 -22.18 % 15.96 % 91 Thrivent Advisor Network Minneapolis , Minn . 5,058.43 -22.53 % 0.44 -19.49 % -3.77 % 92 HBKS Wealth Advisors Erie , Pa . 4,991.76 -6.54 % 0.88 -5.76 % -0.82 % 93 First Foundation Advisors Irvine , Calif . 4,985.28 -12.24 % 3.21 -5.80 % -6.84 % 94 Mission Wealth Management Santa Barbara , Calif . 4,975.56 3.33 % 2.09 -11.53 % 16.80 % 95 Beacon Capital Management Dayton , Ohio 4,922.30 3.76 % 0.41 -11.33 % 17.02 % 96 Perigon Wealth Management San Francisco , Calif . 4,830.37 45.11 % 3.24 1.96 % 42.31 % 97 Ingalls & Snyder New York , N . Y . 4,757.49 -12.64 % 1.08 -15.67 % 3.59 % 98 Wilbanks , Smith & Thomas Asset Mgmt . Norfolk , Va . 4,754.54 -4.34 % 1.84 -10.17 % 6.48 % 99 Alesco Advisors Pittford , N . Y . 4,700.91 -13.99 % 9.38 -16.22 % 2.66 % 100 GYL Financial Synergies West Hartford , Conn . 4,646.95 -12.60 % 3.03 -8.84 % -4.12 % 101 Northside Capital Management Hood River , Ore . 4,635.69 -17.72 % 115.89 -28.01 % 14.29 %
* Discretionary and nondiscretionary AUM can be found in FA ’ s online version and Form ADV . ** Average assets per client relationship . † AUM is the combined totals for Evoke Advisors and Advanced Research Services ( merged as of May 2020 ). †† Firm started in 2022 .
34 | FINANCIAL ADVISOR MAGAZINE | JULY / AUGUST 2023 WWW . FA-MAG . COM