# Independent RIAs with the biggest asset gains over one year in Rhode Island

As of October 2, 2026, Parsons Capital Management Inc ranked #1 in Rhode Island in AdvisorIQ's ranking of independent RIAs with the biggest asset gains over one year, with $289.5 million.

As of: 2026-10-02
Address: https://advisoriq.com/ria/rankings/biggest-asset-gains/rhode-island/

## Facts

- ranking: Independent RIAs with the biggest asset gains over one year
- how_it_is_computed: SEC-registered firms ranked by the dollar increase in RAUM between the SEC snapshots of September 2, 2025 and October 2, 2026. Only firms whose RAUM rose are ranked; base_value is the starting RAUM. Independent wealth management RIAs are ranked: firms whose individual and high net worth clients hold at least half of their regulatory assets and that offer financial planning or portfolio management for individuals, leaving out broker-dealers, banks and their advisory arms. The all wealth firms view ranks the same way with those broker-dealer affiliated firms added. Asset managers, private fund managers, pension consultants and platform managers are never ranked (see the methodology). Only SEC-registered firms are ranked: the state-registered firm data is current only, with no earlier snapshots. Growth includes market movement, net new assets and acquisitions. State lists use each firm's main office state, or its registration state when the main office is not public. The US list leaves out firms whose main office is outside the United States. Equal values share a rank and are listed by CRD number.
- unit: usd
- scope: Rhode Island
- firms_listed: 29
- rows: rank: 1, crd: 106295, firm: Parsons Capital Management Inc, city: Providence, state: RI, value: 289544222, base_value: 2094653633, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/106295/; rank: 2, crd: 296271, firm: McGuire Wealth Management, city: Wakefield, state: RI, value: 242048530, base_value: 819045333, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/296271/; rank: 3, crd: 105866, firm: Young Richard C & Co Ltd, city: Newport, state: RI, value: 238507827, base_value: 1562885060, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/105866/; rank: 4, crd: 296475, firm: Wealthcare Investment Partners LLC, city: Portsmouth, state: RI, value: 204841336, base_value: 654788239, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/296475/; rank: 5, crd: 297527, firm: Canton Hathaway LLC, city: Providence, state: RI, value: 193435761, base_value: 672683658, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/297527/; rank: 6, crd: 108868, firm: Professional Planning Group, city: Westerly, state: RI, value: 150043554, base_value: 1166383072, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108868/; rank: 7, crd: 157959, firm: Capital Wealth Management, LLC, city: West Warwick, state: RI, value: 136107702, base_value: 1001028285, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/157959/; rank: 8, crd: 124636, firm: Strategicpoint Investment Advisors LLC, city: Providence, state: RI, value: 108392455, base_value: 806366242, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/124636/; rank: 9, crd: 108451, firm: Blue Fin Capital, Inc., city: Warren, state: RI, value: 105277873, base_value: 650645952, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108451/; rank: 10, crd: 107646, firm: Sowa Financial Group, city: Lincoln, state: RI, value: 97277293, base_value: 419739482, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/107646/; rank: 11, crd: 167122, firm: Axis Wealth Partners, LLC, city: East Providence, state: RI, value: 87713247, base_value: 289667386, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/167122/; rank: 12, crd: 170361, firm: Mystic Asset Management, city: Warwick, state: RI, value: 85296461, base_value: 529286695, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/170361/; rank: 13, crd: 109114, firm: SK Wealth Management, LLC, city: Providence, state: RI, value: 83648103, base_value: 555304681, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/109114/; rank: 14, crd: 107565, firm: Newman Dignan & Sheerar, Inc, city: Providence, state: RI, value: 62029420, base_value: 669244675, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/107565/; rank: 15, crd: 108705, firm: The Retirement Planning Company of New England, Inc., city: Warwick, state: RI, value: 58101568, base_value: 336297057, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108705/; rank: 16, crd: 123910, firm: Signet Investment Advisory Group, Inc., city: Providence, state: RI, value: 48896352, base_value: 345160020, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/123910/; rank: 17, crd: 150515, firm: Financial Independence, LLC, city: Warwick, state: RI, value: 45760784, base_value: 242343248, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/150515/; rank: 18, crd: 143912, firm: Forbes Financial Planning, Inc., city: East Greenwich, state: RI, value: 45028137, base_value: 195512970, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/143912/; rank: 19, crd: 108141, firm: Hall Capital Management Company, Inc., city: Barrington, state: RI, value: 42760411, base_value: 368887819, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108141/; rank: 20, crd: 109922, firm: Lincoln Capital Corporation, city: East Greenwich, state: RI, value: 40735736, base_value: 377530510, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/109922/; rank: 21, crd: 299102, firm: Breachway Investments, LLC, city: Charlestown, state: RI, value: 33647007, base_value: 131255814, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/299102/; rank: 22, crd: 120465, firm: Eliot Rose Wealth Management, LLC, city: Providence, state: RI, value: 33512095, base_value: 152815670, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/120465/; rank: 23, crd: 281437, firm: Bountiful Investment Management LLC, city: Rumford, state: RI, value: 29193353, base_value: 131324526, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/281437/; rank: 24, crd: 105031, firm: First Financial Advisory Services Inc, city: Westerly, state: RI, value: 28001496, base_value: 250037412, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/105031/; rank: 25, crd: 108047, firm: Weybosset Research & Management, LLC, city: Providence, state: RI, value: 26111369, base_value: 314742898, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108047/; rank: 26, crd: 119631, firm: D & P Investment Advisors, Ltd., city: Wakefield, state: RI, value: 23936039, base_value: 173823817, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/119631/; rank: 27, crd: 152001, firm: Alpha Dog Advisors, Ruff, city: Cranston, state: RI, value: 22190157, base_value: 131383843, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/152001/; rank: 28, crd: 118113, firm: Arlen Capital, LLC, city: Warwick, state: RI, value: 17569336, base_value: 331251085, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/118113/; rank: 29, crd: 109013, firm: Sheeley & Partners Wealth Management, LLC, city: Providence, state: RI, value: 8900795, base_value: 122400702, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/109013/

## Notes

- Firms marked as successors reported on Form ADV Item 4 that they succeeded to another adviser's business; their growth is shown as reported.
- Each ranking lists at most the top 100 firms.

## Sources

- SEC, Information About Registered Investment Advisers (ia100226.zip), checked 2026-10-07: https://www.sec.gov/files/investment/data/other/information-about-registered-investment-advisers-exempt-reporting-advisers/ia100226.zip
- IAPD compilation reports (IA_FIRM_STATE_Feed_10_07_2026.xml.gz), checked 2026-10-07: https://adviserinfo.sec.gov/compilation

## Related

- [Independent RIAs with the biggest asset gains over one year, nationally](https://advisoriq.com/ria/rankings/biggest-asset-gains/)
- [RIA market data for Rhode Island](https://advisoriq.com/ria/states/rhode-island/)
- [All RIA rankings](https://advisoriq.com/ria/rankings/)
- [How the directory is built](https://advisoriq.com/ria/methodology/)

## Cite as

AdvisorIQ, as of 2026-10-02. https://advisoriq.com/ria/rankings/biggest-asset-gains/rhode-island/

License: https://advisoriq.com/license/