Top 50 Fastest-Growing, Fee-Only RIA Firms
January 4, 2013 1:52 AM
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.
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
AUM Growth Since 2006 (billions): $1.302
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: Schwab
Website: palladiumllc.com
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
AUM Growth Since 2006 (billions): $1.304
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: Schwab
Website: miller-russell.com
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
AUM Growth Since 2006 (billions): $1.326
Employees: 6-10
Investment Advisors: 1-5
Custodian/ Clearing Firm: Schwab
Website: archstoneportfolio.com
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
AUM Growth Since 2006 (billions): $1.337
Employees: 1-5
Investment Advisors: 1-5
Custodian/ Clearing Firm: TD Ameritrade
Website: strinco.com
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
AUM Growth Since 2006 (billions): $1.374
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: N/A
Website: moneymatter.net
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
AUM Growth Since 2006 (billions): $1.384
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: Schwab
Website: mccutchengroup.com
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
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
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
AUM Growth Since 2006 (billions): $1.407
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: Pershing
Website: balentine.com
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
AUM Growth Since 2006 (billions): $1.409
Employees: 6-10
Investment Advisors: 6-10
Custodian/ Clearing Firm: N/A
Website: beirnewealth.com
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
AUM Growth Since 2006 (billions): $1.505
Employees: 1-5
Investment Advisors: 1-5
Custodian/ Clearing Firm: Schwab
Website: whartonbusinessgroup.com
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
AUM Growth Since 2006 (billions): $1.511
Employees: 6-10
Investment Advisors: 6-10
Custodian/ Clearing Firm: N/A
Website: turtlecreekdallas.com
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
AUM Growth Since 2006 (billions): $1.536
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: Schwab
Website: genevacapitalmanagement.com
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
AUM Growth Since 2006 (billions): $1.553
Employees: 51-250
Investment Advisors: 11-50
Custodian/ Clearing Firm: Schwab
Website: wetherby.com
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
AUM Growth Since 2006 (billions): $1.580
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: Schwab, Fidelity
Website: bakerstreetadvisors.com
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
AUM Growth Since 2006 (billions): $1.627
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: TD Ameritrade
Website: estabrookcap.com
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
AUM Growth Since 2006 (billions): $1.628
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: Schwab
Website: aperiogroup.com
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
AUM Growth Since 2006 (billions): $1.643
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: Schwab
Website: fmpartners.com
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
AUM Growth Since 2006 (billions): $1.671
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: N/A
Website: fnbwealthmanagement.com
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
AUM Growth Since 2006 (billions): $1.684
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: Fidelity
Website: greshampartners.com
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
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
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
AUM Growth Since 2006 (billions): $1.713
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: Schwab
Website: hmpayson.com
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
AUM Growth Since 2006 (billions): $1.727
Employees: 1-5
Investment Advisors: 1-5
Custodian/ Clearing Firm: N/A
Website: chieftaincapital.com
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
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
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
AUM Growth Since 2006 (billions): $1.800
Employees: 6-10
Investment Advisors: 1-5
Custodian/ Clearing Firm: Schwab
Website: galileoplanninggroup.com
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
AUM Growth Since 2006 (billions): $1.808
Employees: 11-50
Investment Advisors: 1-5
Custodian/ Clearing Firm: N/A
Website: spruceinvest.com
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
AUM Growth Since 2006 (billions): $1.826
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: N/A
Website: mainstreetadv.com
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
AUM Growth Since 2006 (billions): $1.846
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: N/A
Website: millcreekcap.com
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
AUM Growth Since 2006 (billions): $1.856
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: Fidelity
Website: heckcapital.com
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
AUM Growth Since 2006 (billions): $1.864
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: N/A
Website: btccapitalmgmt.com
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
AUM Growth Since 2006 (billions): $1.899
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: N/A
Website: sballc.com
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
AUM Growth Since 2006 (billions): $1.917
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: Fidelity
Website: westendadvisors.com
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
AUM Growth Since 2006 (billions): $2.000
Employees: 1-5
Investment Advisors: 1-5
Custodian/ Clearing Firm: N/A
Website: chartwellusa.com
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
AUM Growth Since 2006 (billions): $2.060
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: N/A
Website: manghamassociates.com
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
AUM Growth Since 2006 (billions): $2.181
Employees: 6-10
Investment Advisors: 6-10
Custodian/ Clearing Firm: Schwab
Website: scadv.com
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
AUM Growth Since 2006 (billions): $2.441
Employees: 51-250
Investment Advisors: 11-50
Custodian/ Clearing Firm: Schwab, Fidelity
Website: ofgltd.com
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
AUM Growth Since 2006 (billions): $2.527
Employees: 251-500
Investment Advisors: 51-250
Custodian/ Clearing Firm: Schwab, Fidelity
Website: ronblue.com
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
AUM Growth Since 2006 (billions): $2.750
Employees: 51-250
Investment Advisors: 51-250
Custodian/ Clearing Firm: N/A
Website: nepc.com
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
AUM Growth Since 2006 (billions): $2.817
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: N/A
Website: icgadvisors.com
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
AUM Growth Since 2006 (billions): $2.818
Employees: 6-10
Investment Advisors: 6-10
Custodian/ Clearing Firm: N/A
Website: sevenpost.com
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
AUM Growth Since 2006 (billions): $2.833
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: Fidelity, Schwab
Website: appletonpartners.com
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
AUM Growth Since 2006 (billions): $2.875
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: N/A
Website: bartlett1898.com
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
AUM Growth Since 2006 (billions): $3.329
Employees: 11-50
Investment Advisors: 6-10
Custodian/ Clearing Firm: N/A
Website: cornerstone-ip.com
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
AUM Growth Since 2006 (billions): $3.398
Employees: 11-50
Investment Advisors: 1-5
Custodian/ Clearing Firm: N/A
Website: fairpointecapital.com
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
AUM Growth Since 2006 (billions): $3.498
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: Schwab, TD Ameritrade, Pershing
Website: myciowp.com
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
AUM Growth Since 2006 (billions): $3.621
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: Fidelity, Schwab
Website: ballentinepartners.com
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
AUM Growth Since 2006 (billions): $3.880
Employees: 51-250
Investment Advisors: 11-50
Custodian/ Clearing Firm: Schwab, TD Ameritrade
Website: merceradvisors.com
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
AUM Growth Since 2006 (billions): $4.202
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: TD Ameritrade, Schwab
Website: thinkingbeyond.com
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
AUM Growth Since 2006 (billions): $5.341
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: Schwab, Fidelity
Website: luminouscap.com
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
AUM Growth Since 2006 (billions): $6.696
Employees: 11-50
Investment Advisors: 11-50
Custodian/ Clearing Firm: Schwab, Fidelity
Website: sk-llc.com
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
AUM Growth Since 2006 (billions): $6.767
Employees: 51-250
Investment Advisors: 51-250
Custodian/ Clearing Firm: Schwab
Website: aspiriant.com
