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Top 50 Fastest-Growing, Fee-Only RIA Firms

The RIA sector drastically outpaced the growth rate of the rest of the financial services industry in the past year, growing at 13% versus 1.3%, according to research from Cerulli & Associates.


For our annual RIA Leaders report, Financial Planning ran the numbers to look at the 50 fastest-growing fee-only RIA firms for 2012. Click through to see the full list.

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50. Palladium Registered Investment Advisors

Location: Norfolk, Va.


AUM Growth Since 2006 (billions): $1.302


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: Schwab


Website: palladiumllc.com
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49. Miller/ Russell & Associates

Location: Phoenix


AUM Growth Since 2006 (billions): $1.304


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: Schwab


Website: miller-russell.com
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48. Archstone Portfolio Solutions

Location: Lutherville, Md.


AUM Growth Since 2006 (billions): $1.326


Employees: 6-10


Investment Advisors: 1-5


Custodian/ Clearing Firm: Schwab


Website: archstoneportfolio.com
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47. Strategic Investment Counsel

Location: Dallas


AUM Growth Since 2006 (billions): $1.337


Employees: 1-5


Investment Advisors: 1-5


Custodian/ Clearing Firm: TD Ameritrade


Website: strinco.com
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46. Money Matters With Ken Moraif

Location: Plano, Texas


AUM Growth Since 2006 (billions): $1.374


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: N/A


Website: moneymatter.net
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45. McCutchen Group

Location: Seattle


AUM Growth Since 2006 (billions): $1.384


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: Schwab


Website: mccutchengroup.com
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44. Evanson Asset Management

Location: Carmel, Calif.


AUM Growth Since 2006 (billions): $1.394


Employees: 1-5


Investment Advisors: 1-5


Custodian/ Clearing Firm: Schwab, Vanguard, Fidelity, Aegon, TD Ameritrade


Website: evansonasset.com
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43. Balentine

Location: Atlanta


AUM Growth Since 2006 (billions): $1.407


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: Pershing


Website: balentine.com
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42. Beirne Wealth Consulting

Location: Milford, Conn.


AUM Growth Since 2006 (billions): $1.409


Employees: 6-10


Investment Advisors: 6-10


Custodian/ Clearing Firm: N/A


Website: beirnewealth.com
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41. Wharton Business Group

Location: Exton, Pa.


AUM Growth Since 2006 (billions): $1.505


Employees: 1-5


Investment Advisors: 1-5


Custodian/ Clearing Firm: Schwab


Website: whartonbusinessgroup.com
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40. Turtle Creek Management

Location: Dallas


AUM Growth Since 2006 (billions): $1.511


Employees: 6-10


Investment Advisors: 6-10


Custodian/ Clearing Firm: N/A


Website: turtlecreekdallas.com
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39. Geneva Capital Management

Location: Milwaukee


AUM Growth Since 2006 (billions): $1.536


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: Schwab


Website: genevacapitalmanagement.com
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38. Wetherby Asset Management

Location: San Francisco


AUM Growth Since 2006 (billions): $1.553


Employees: 51-250


Investment Advisors: 11-50


Custodian/ Clearing Firm: Schwab


Website: wetherby.com
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37. Baker Street Advisors

Location: San Francisco


AUM Growth Since 2006 (billions): $1.580


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: Schwab, Fidelity


Website: bakerstreetadvisors.com
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36. Estabrook Capital Management

Location: New York


AUM Growth Since 2006 (billions): $1.627


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: TD Ameritrade


Website: estabrookcap.com
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35. Aperio Group

Location: Sausalito, Calif.


AUM Growth Since 2006 (billions): $1.628


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: Schwab


Website: aperiogroup.com
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34. Financial Management Partners

Location: Clayton, Mo.


AUM Growth Since 2006 (billions): $1.643


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: Schwab


Website: fmpartners.com
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33. F.N.B. Investment Advisors

Location: Pittsburgh


AUM Growth Since 2006 (billions): $1.671


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: N/A


Website: fnbwealthmanagement.com
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32. Gresham Partners

Location: Chicago


AUM Growth Since 2006 (billions): $1.684


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: Fidelity


Website: greshampartners.com
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31. Symmetry Partners

Location: Glastonbury, Conn.


AUM Growth Since 2006 (billions): $1.700


Employees: 51-250


Investment Advisors: 6-10


Custodian/ Clearing Firm: TD Ameritrade, Trust Company of America


Website: symmetrypartners.com
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30. H.M. Payson

Location: Portland, Maine


AUM Growth Since 2006 (billions): $1.713


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: Schwab


Website: hmpayson.com
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29. Chieftain Capital Management

Location: New York


AUM Growth Since 2006 (billions): $1.727


Employees: 1-5


Investment Advisors: 1-5


Custodian/ Clearing Firm: N/A


Website: chieftaincapital.com
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28. Savant Capital Management

Location: Rockford, Ill.


AUM Growth Since 2006 (billions): $1.742


Employees: 51-250


Investment Advisors: 11-50


Custodian/ Clearing Firm: TD Ameritrade, Schwab, Fidelity, Vanguard


Website: savantcapital.com
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27. Galileo Planning Group

Location: San Mateo, Calif.


AUM Growth Since 2006 (billions): $1.800


Employees: 6-10


Investment Advisors: 1-5


Custodian/ Clearing Firm: Schwab


Website: galileoplanninggroup.com
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26. Spruce Private Investors

Location: Stamford, Conn.


AUM Growth Since 2006 (billions): $1.808


Employees: 11-50


Investment Advisors: 1-5


Custodian/ Clearing Firm: N/A


Website: spruceinvest.com
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25. Mainstreet Advisors

Location: Chicago


AUM Growth Since 2006 (billions): $1.826


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: N/A


Website: mainstreetadv.com
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24. Mill Creek Capital Advisors

Location: Conshohocken, Pa.


AUM Growth Since 2006 (billions): $1.846


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: N/A


Website: millcreekcap.com
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23. Heck Capital Advisors

Location: Rhinelander, Wis.


AUM Growth Since 2006 (billions): $1.856


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: Fidelity


Website: heckcapital.com
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22. BTC Capital Management

Location: Des Mones, Iowa


AUM Growth Since 2006 (billions): $1.864


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: N/A


Website: btccapitalmgmt.com
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21. Seven Bridges Advisors

Location: New York


AUM Growth Since 2006 (billions): $1.899


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: N/A


Website: sballc.com
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20. WestEnd Advisors

Location: Charlotte, N.C.


AUM Growth Since 2006 (billions): $1.917


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: Fidelity


Website: westendadvisors.com
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19. Chartwell Consulting

Location: Montclair, N.J.


AUM Growth Since 2006 (billions): $2.000


Employees: 1-5


Investment Advisors: 1-5


Custodian/ Clearing Firm: N/A


Website: chartwellusa.com
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18. Mangham Associates

Location: Charlottesville, VA.


AUM Growth Since 2006 (billions): $2.060


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: N/A


Website: manghamassociates.com
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17. Strategic Capital Advisers

Location: Denver


AUM Growth Since 2006 (billions): $2.181


Employees: 6-10


Investment Advisors: 6-10


Custodian/ Clearing Firm: Schwab


Website: scadv.com
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16. Oxford Financial Group

Location: Carmel, Ind.


AUM Growth Since 2006 (billions): $2.441


Employees: 51-250


Investment Advisors: 11-50


Custodian/ Clearing Firm: Schwab, Fidelity


Website: ofgltd.com
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15. Ronald Blue & Co.

Location: Atlanta


AUM Growth Since 2006 (billions): $2.527


Employees: 251-500


Investment Advisors: 51-250


Custodian/ Clearing Firm: Schwab, Fidelity


Website: ronblue.com
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14. NEPC

Location: Cambridge, Mass.


AUM Growth Since 2006 (billions): $2.750


Employees: 51-250


Investment Advisors: 51-250


Custodian/ Clearing Firm: N/A


Website: nepc.com
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13. ICG Advisors

Location: Los Angeles


AUM Growth Since 2006 (billions): $2.817


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: N/A


Website: icgadvisors.com
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12. Seven Post Private Investment Office

Location: San Francisco


AUM Growth Since 2006 (billions): $2.818


Employees: 6-10


Investment Advisors: 6-10


Custodian/ Clearing Firm: N/A


Website: sevenpost.com
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11. Appleton Partners

Location: Boston


AUM Growth Since 2006 (billions): $2.833


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: Fidelity, Schwab


Website: appletonpartners.com
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10. Barlett & Co.

Location: Cincinnati


AUM Growth Since 2006 (billions): $2.875


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: N/A


Website: bartlett1898.com
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9. Cornerstone Investment Partners

Location: Atlanta


AUM Growth Since 2006 (billions): $3.329


Employees: 11-50


Investment Advisors: 6-10


Custodian/ Clearing Firm: N/A


Website: cornerstone-ip.com
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8. Fairpointe Capital

Location: Chicago


AUM Growth Since 2006 (billions): $3.398


Employees: 11-50


Investment Advisors: 1-5


Custodian/ Clearing Firm: N/A


Website: fairpointecapital.com
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7. myCIO Wealth Partners

Location: Philadelphia


AUM Growth Since 2006 (billions): $3.498


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: Schwab, TD Ameritrade, Pershing


Website: myciowp.com
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6. Ballentine Partners

Location: Waltham, Mass.


AUM Growth Since 2006 (billions): $3.621


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: Fidelity, Schwab


Website: ballentinepartners.com
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5. Mercer Global Advisors

Location: Santa Barbara, Calif.


AUM Growth Since 2006 (billions): $3.880


Employees: 51-250


Investment Advisors: 11-50


Custodian/ Clearing Firm: Schwab, TD Ameritrade


Website: merceradvisors.com
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4. Creative Planning

Location: Leawood, Kan.


AUM Growth Since 2006 (billions): $4.202


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: TD Ameritrade, Schwab


Website: thinkingbeyond.com
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3. Luminous Capital

Location: Los Angeles


AUM Growth Since 2006 (billions): $5.341


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: Schwab, Fidelity


Website: luminouscap.com
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2. Shepherd Kaplan

Location: Boston


AUM Growth Since 2006 (billions): $6.696


Employees: 11-50


Investment Advisors: 11-50


Custodian/ Clearing Firm: Schwab, Fidelity


Website: sk-llc.com
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1. Aspiriant

Location: Los Angeles


AUM Growth Since 2006 (billions): $6.767


Employees: 51-250


Investment Advisors: 51-250


Custodian/ Clearing Firm: Schwab


Website: aspiriant.com
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