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 |
356 Blankinship & Foster Solana Beach , Calif . 690.04 -12.26 % 2.27 -13.13 % 1.00 % 357 Rainey & Randall Investment Management Celebration , Fla . 677.11 -8.78 % 2.06 -16.54 % 9.30 % 358 The Arkansas Financial Group Little Rock , Ark . 668.25 -10.14 % 1.99 -15.49 % 6.33 % 359 Briaud Financial Advisors College Station , Texas 664.29 -2.78 % 2.06 -8.20 % 5.90 % 360 Leisure Capital Management Costa Mesa , Calif . 664.27 1.40 % 2.16 -1.56 % 3.01 % 361 CapSouth Wealth Management Dothan , Ala . 661.01 -12.93 % 1.50 -15.49 % 3.03 % 362 Fi3 Financial Advisors Indianapolis , Ind . 657.21 8.42 % 3.59 20.26 % -9.85 % 363 Next Level Private Harrison , N . Y . 656.22 -85.91 % 1.64 -88.44 % 21.95 % 364 Financial Enhancement Group Anderson , Ind . 650.00 0.00 % 0.58 -4.26 % 4.44 % 365 Chequers Financial Management San Francisco , Calif . 642.94 8.88 % 3.67 -12.89 % 25.00 % 366 Tobias Financial Advisors Plantation , Fla . 641.00 -1.38 % 2.05 -7.69 % 6.83 % 367 Porter White Investment Advisors Birmingham , Ala . 640.66 1.22 % 5.48 -1.37 % 2.63 % 368 StrategicPoint Investment Advisors Providence , R . I . 637.57 -15.19 % 0.94 -16.07 % 1.04 % 369 PJS Investment Management Cedarburg , Wis . 637.53 -16.61 % 1.42 -17.91 % 1.58 % 370 Element Pointe Family Office Miami , Fla . 636.74 11.40 % 16.76 23.13 % -9.52 % 371 Opal Wealth Advisors Jericho , N . Y . 633.10 -6.09 % 1.02 -15.82 % 11.55 % 372 Duncan Williams Asset Management Memphis , Tenn . 632.03 26.10 % 1.08 10.39 % 14.23 % 373 Great Lakes Retirement Sheffield Village , Ohio 624.94 -9.63 % 0.36 -11.84 % 2.51 % 374 Investmark Advisory Group Shelton , Conn . 623.17 -4.64 % 0.97 -13.81 % 10.63 % 375 Financial Insights Wealth Management Tacoma , Wash . 621.06 16.38 % 0.70 -2.01 % 18.77 % 376 Mirador Capital Partners Pleasanton , Calif . 620.00 -1.90 % 1.03 -10.07 % 9.09 % 377 Shorepoint Capital Partners Norwood , Mass . 618.34 31.29 % 1.62 -5.83 % 39.42 % 378 BlueSky Wealth Advisors New Bern , N . C . 612.43 -2.51 % 1.74 -4.45 % 2.03 % 379 KMH Wealth Management Victoria , Texas 607.04 -6.72 % 1.21 -5.23 % -1.57 % 380 Fairhaven Wealth Management Wheaton , Ill . 606.68 -15.62 % 1.22 -21.57 % 7.59 % 381 The L . Warner Companies Timonium , Md . 605.99 -11.14 % 1.97 -7.10 % -4.35 % 382 Droms Strauss Wealth Management Saint Louis , Mo . 592.63 -13.73 % 1.50 -20.08 % 7.95 % 383 Asset Management Group Stamford , Conn . 590.75 -16.11 % 2.26 -15.46 % -0.76 % 384 Spectrum Investment Advisors Mequon , Wis . 590.28 -11.57 % 1.52 -17.71 % 7.46 % 385 Frazier Financial Advisors Columbus , Ohio 590.00 -4.07 % 1.24 -12.14 % 9.20 % 386 Klaas Financial Asset Advisors Loves Park , Ill . 587.38 -12.98 % 0.55 -11.93 % -1.19 % 387 Diesslin Group Fort Worth , Texas 583.40 -20.10 % 2.00 -15.72 % -5.19 % 388 High Net Worth Advisory Group Naples , Fla . 579.04 43.56 % 1.54 -4.30 % 50.00 % 389 McIlrath & Eck Arlington , Wash . 566.20 -12.27 % 0.62 -16.03 % 4.47 % 390 Summit Wealth Partners Orlando , Fla . 565.72 -12.82 % 0.68 -16.69 % 4.65 % 391 Greystone Financial Group Bloomfield Hills , Mich . 564.91 -8.44 % 0.81 -17.06 % 10.39 % 392 Elwood & Goetz Wealth Advisory Group Athens , Ga . 564.49 1.08 % 1.01 -9.97 % 12.27 % 393 Meritas Wealth Management Larkspur , Calif . 560.57 23.32 % 2.29 21.81 % 1.24 % 394 Optas Capital Austin , Texas 548.23 -15.34 % 3.94 -23.25 % 10.32 % 395 Catalyst Financial Partners Boston , Mass . 547.29 195.33 % 3.94 -12.89 % 239.02 % 396 Excalibur Management Corp . Newton , Mass . 540.96 -5.42 % 1.76 -10.34 % 5.48 % 397 Rowling & Associates San Diego , Calif . 529.98 -13.90 % 1.46 -17.69 % 4.61 % 398 Marotta Wealth Management Charlottesville , Va . 524.76 -7.87 % 1.29 0.51 % -8.33 % 399 Net Worth Advisory Group Sandy , Utah 524.43 -9.84 % 0.74 -16.08 % 7.44 % 400 Financial Management Strategies Broadview Hts ., Ohio 522.31 -14.10 % 0.32 -20.11 % 7.52 % 401 Level Financial Advisors Amherst , N . Y . 519.65 -4.69 % NA NA NA 402 Carolina Wealth Management Greenville , N . C . 515.88 -12.18 % 0.99 -21.27 % 11.54 % 403 Grand Wealth Management Grand Rapids , Mich . 509.77 -12.46 % 2.74 -20.46 % 10.06 % 404 J . W . Coons Advisors Columbus , Ohio 502.57 -2.33 % 3.26 -8.04 % 6.21 %
* 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 .
TO SEE FIRMS WITH UNDER $ 500 MILLION IN AUM THAT PARTICIPATED IN THE SURVEY , VISIT WWW . FA-MAG . COM / RESEARCH / RIA-SURVEY .
42 | FINANCIAL ADVISOR MAGAZINE | JULY / AUGUST 2023 WWW . FA-MAG . COM