# Largest independent RIAs by assets under management in Puerto Rico

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
Address: https://advisoriq.com/ria/rankings/largest/puerto-rico/

## 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, 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: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/304978/

## 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

- [Largest independent RIAs by assets under management, nationally](https://advisoriq.com/ria/rankings/largest/)
- [RIA market data for Puerto Rico](https://advisoriq.com/ria/states/puerto-rico/)
- [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/largest/puerto-rico/

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