{"type":"ria_ranking","disclaimer":"Firm-level data as reported on Form ADV to the SEC and state regulators; corrections are made on Form ADV and appear after the next monthly reload.","title":"Largest independent RIAs by assets under management in Puerto Rico","lead":"As of October 2, 2026, Talon LLC ranked #1 in Puerto Rico in AdvisorIQ's ranking of largest independent RIAs by assets under management, with $1.1 billion.","as_of":"2026-10-02","facts":{"ranking":"Largest independent RIAs by assets under management","how_it_is_computed":"SEC-registered and state-registered firms that report RAUM, ranked by 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). RAUM is regulatory assets under management (Form ADV Item 5.F(2)(c)) as reported in each firm's latest Form ADV filing in the data of October 2, 2026, usually as of the firm's last fiscal year end. Firms reporting no RAUM are not ranked. 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":"Puerto Rico","firms_listed":28,"rows":[{"rank":1,"crd":298714,"firm":"Talon LLC","city":"San Juan","state":"PR","value":1060316193,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/298714/"},{"rank":2,"crd":147546,"firm":"Freedom Advisory","city":"Guaynabo","state":"PR","value":880642243,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/147546/"},{"rank":3,"crd":173070,"firm":"Aton Financial LLC","city":"San Juan","state":"PR","value":600886180,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/173070/"},{"rank":4,"crd":105192,"firm":"Thomas Wright Asset Management, Inc.","city":"San Juan","state":"PR","value":341270603,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/105192/"},{"rank":5,"crd":313295,"firm":"Chapel Bridge Wealth Advisors","city":"San Juan","state":"PR","value":273603001,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/313295/"},{"rank":6,"crd":324954,"firm":"Generational Private Wealth","city":"San Juan","state":"PR","value":271868697,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/324954/"},{"rank":7,"crd":105985,"firm":"Adrian Day Asset Management","city":"Dorado","state":"PR","value":221643624,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/105985/"},{"rank":8,"crd":305222,"firm":"Vauban Wealth Management","city":"Guaynabo","state":"PR","value":181187478,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/305222/"},{"rank":9,"crd":234792,"firm":"Fortaleza Capital Partners, LLC","city":"San Juan","state":"PR","value":95100120,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/234792/"},{"rank":10,"crd":304522,"firm":"Concert Investment Advisory LLC","city":"Guaynabo","state":"PR","value":91116908,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/304522/"},{"rank":11,"crd":300350,"firm":"Finanxial Investment Advisors, Corp","city":"San Juan","state":"PR","value":82000000,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/300350/"},{"rank":12,"crd":150129,"firm":"Select Advisory Group Inc","city":"San Juan","state":"PR","value":80920000,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/150129/"},{"rank":13,"crd":301277,"firm":"Lyon Bern, LLC","city":"San Juan","state":"PR","value":76669733,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/301277/"},{"rank":14,"crd":325576,"firm":"Sygnus Wealth PR LLC","city":"Guaynabo","state":"PR","value":59556327,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/325576/"},{"rank":15,"crd":145416,"firm":"Atlantis Investment Coaching, LLC","city":"San Juan","state":"PR","value":58426773,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/145416/"},{"rank":16,"crd":282390,"firm":"Ellevity Capital, LLC","city":"Dorado","state":"PR","value":51055305,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/282390/"},{"rank":17,"crd":134513,"firm":"Nichols Group LLC","city":"San Juan","state":"PR","value":47157637,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/134513/"},{"rank":18,"crd":313629,"firm":"Caf Investments LLC","city":"Guaynabo","state":"PR","value":40472047,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/313629/"},{"rank":19,"crd":136914,"firm":"Broxton Capital Advisors","city":"Old San Juan","state":"PR","value":28983310,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/136914/"},{"rank":20,"crd":305618,"firm":"Atlanticmidwest Investment Research, LLC","city":"Humacao","state":"PR","value":28141909,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/305618/"},{"rank":21,"crd":125772,"firm":"Pension Partners, LLC","city":"San Juan","state":"PR","value":23000000,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/125772/"},{"rank":22,"crd":318217,"firm":"Premier Investment Management, LLC","city":"Humacao","state":"PR","value":7000000,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/318217/"},{"rank":23,"crd":322840,"firm":"Newgen Wealth Creation LLC","city":"Rincon","state":"PR","value":6114141,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/322840/"},{"rank":24,"crd":287967,"firm":"American Legacy Capital LLC","city":"Guaynabo","state":"PR","value":5873264,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/287967/"},{"rank":25,"crd":289104,"firm":"Orchard Wealth & Legacy Management LLC","city":"San Juan","state":"PR","value":2600000,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/289104/"},{"rank":26,"crd":283973,"firm":"Esi Advisors","city":"Ponce","state":"PR","value":1343192,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/283973/"},{"rank":27,"crd":331477,"firm":"Chinea Wealth Management LLC","city":"Guaynabo","state":"PR","value":567675,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/331477/"},{"rank":28,"crd":304978,"firm":"Owlcrest Partners LLC","city":"San Juan","state":"PR","value":54857,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/304978/"}]},"sources":[{"url":"https://www.sec.gov/files/investment/data/other/information-about-registered-investment-advisers-exempt-reporting-advisers/ia100226.zip","checked":"2026-10-07","label":"SEC, Information About Registered Investment Advisers (ia100226.zip)"},{"url":"https://adviserinfo.sec.gov/compilation","checked":"2026-10-07","label":"IAPD compilation reports (IA_FIRM_STATE_Feed_10_07_2026.xml.gz)"}],"related":[{"title":"Largest independent RIAs by assets under management, nationally","url":"https://advisoriq.com/ria/rankings/largest/"},{"title":"RIA market data for Puerto Rico","url":"https://advisoriq.com/ria/states/puerto-rico/"},{"title":"All RIA rankings","url":"https://advisoriq.com/ria/rankings/"},{"title":"How the directory is built","url":"https://advisoriq.com/ria/methodology/"}],"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."],"url":"https://advisoriq.com/ria/rankings/largest/puerto-rico/","citation":"AdvisorIQ, as of 2026-10-02. https://advisoriq.com/ria/rankings/largest/puerto-rico/","license":"https://advisoriq.com/license/","publisher":"AdvisorIQ, independent education for financial advisors"}