SEC-registered independent wealth management RIA
Walnut Investment Services LLC
As of its Form ADV filed April 6, 2026, Walnut Investment Services LLC, an SEC-registered independent wealth management RIA in Brooklyn, New York, reported $94.0 million in regulatory assets under management across 308 accounts, ranking #466 among independent RIAs in New York by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 113666
- SEC file number
- 801-128864
- Registered since
- October 12, 2023
- Latest Form ADV filing
- April 6, 2026
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 0
Key figures
- Regulatory assets under management
- $94.0 million
- Discretionary
- $94.0 million (100.0%)
- Non-discretionary
- $0
- Accounts
- 308 (308 discretionary)
- Clients
- 199, approximate as reported
- Employees
- 2
- Advisory staff
- 2 performing investment advisory functions
- Average account
- $305,195
- Asset growth, 1 year
- 11.9% (from $84.0 million a year earlier)
- Asset growth, 3-year annual rate
- Not reported
- Asset growth, 5-year annual rate
- Not reported
- Client growth, 1 year
- -49.9% (from 397)
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In New York | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #8,249 | #466 | $94.0 million |
| Independent RIAs with the biggest asset gains over one year | #6,244 | #432 | $10.0 million |
| Independent RIAs with the most clients | #5,561 | #307 | 199 |
| Independent RIAs with the fastest client growth over one year | #5,774 | #380 | -49.9%from 397 |
| Independent RIAs with the most accounts | #6,791 | #340 | 308 |
| Independent RIAs with the most advisory staff | #6,488 | #386 | 2 |
| Independent RIAs with the most high net worth clients | #9,891 | #545 | 18 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2024 | $77.0 million |
| September 2, 2025 | $84.0 million |
| October 2, 2026 | $94.0 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 18 clients | $48.5 million | |
| Individuals (other than high net worth) 175 clients | $41.8 million | |
| Pension and profit sharing plans fewer than 5 clients | $2.7 million | |
| Corporations or other businesses 5 clients | $1.1 million |
How the firm is paid
- A percentage of assets under management
- Hourly charges
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
Financial planning clients (Item 5.H): 0.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Accountant or accounting firm
Financial industry affiliations (Item 7.A)
- Accountant or accounting firm
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 2
- Also registered through a broker-dealer
- 0
- Employees who are IARs (Form ADV 5.B(3))
- 2
2 of the firm's 2 IARs are registered in jurisdictions that require IAR CE. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in New York
| Firm | City | RAUM |
|---|---|---|
| Circle N Advisors, LLC | Fishkill | $94.2 million |
| Bayridge Financial Group, Inc. | Rockville Centre | $94.2 million |
| Luesink Stenstrom Financial | New York | $94.1 million |
| Target Rock Wealth Management, LLC | New York | $94.0 million |
| Voss Wealth Management | Endicott | $93.9 million |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Walnut Investment Services LLC on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.walnutfund.com
- Independent RIAs in New York
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.