Slideshows

RIA Leaders With the Wealthiest Clients

Every RIA has its own client strategy -- some look to recruit as many clients as possible, some focus on specific niche professions or demographics, while still others are particularly selective, only taking on those with a certain level of assets. After publishing our third annual RIA Leaders cover story, we dove into the numbers to identify which of the top 100 have the wealthiest clientele. (We used strictly those independently operated fee-only RIAs that made our list, then divided their AUM by the number of client accounts to identify the 10 RIAs that serve the ultrawealthy.)


Click through to see who made the list, or check out the full list of 100 RIA Leaders. -- Kayan Lim; data courtesy of Financial Media Group/AdvisorDatabases.com

1. Summit Rock Advisors 1. Summit Rock Advisors

Location: New York

AUM (in billions): $7.985

Advisors: 18

Client Accounts: 64

$ Per Client: $124,765,625

2. Windrose Advisors 2. Windrose Advisors

Location: Boston

AUM (in billions): $1.286

Investor Advisors: 13

Client Accounts: 14

$ Per Client: $91,862,549

3. Mozaic 3. Mozaic

Location: Beverly Hills, Calif

AUM (in billions): $1.349

Advisors: 5

Client Accounts: 42

$ Per Client: $32,113,228

4. Advanced Capital Group 4. Advanced Capital Group

Location: Minneapolis

AUM (in billions): $7.130

Advisors: 10

Client Accounts: 325

$ Per Client: $21,937,602

5. Executive Monetary Management 5. Executive Monetary Management

Location: New York

AUM (in billions): $2.587

Advisors: 10

Client Accounts: 131

$ Per Client: $19,750,897

6. CM Wealth Advisors 6. CM Wealth Advisors

Location: Cleveland

AUM (in billions): $2.054

Advisors: 7

Client Accounts: 127

$ Per Client: $16,175,980

7. Iron Capital Advsiors 7. Iron Capital Advsiors

Location: Atlanta

AUM (in billions): $2.633

Advisors: 4

Client Accounts: 202

$ Per Client: $13,034,404

8. Matter Family Office (Formerly Financial Management Partners) 8. Matter Family Office (Formerly Financial Management Partners)

Location: Clayton, MO

AUM (in billions): $2.183

Advisors: 13

Client Accounts: 169

$ Per Client: $12,915,435

9. First Endowment Development 9. First Endowment Development

Location: Houston

AUM (in billions): $1.886

Advisors: 8

Client Accounts: 150

$ Per Client: $12,572,414

10. The Bollard Group 10. The Bollard Group

Location: Boston

AUM (in billions): $2.296

Advisors: 17

Client Accounts: 204

$ Per Client: $11,255,799

After publishing our third annual RIA Leaders list, Financial Planning dove into the numbers to identify which of the top 100 actually have the wealthiest clientele.

Comments (1)
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Posted by jtllopsg k | Saturday, April 05 2014 at 6:00PM ET
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