# Largest independent RIAs by assets under management in Rhode Island

As of October 2, 2026, Parsons Capital Management Inc ranked #1 in Rhode Island in AdvisorIQ's ranking of largest independent RIAs by assets under management, with $2.4 billion.

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

## 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: Rhode Island
- firms_listed: 67
- rows: rank: 1, crd: 106295, firm: Parsons Capital Management Inc, city: Providence, state: RI, value: 2384197855, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/106295/; rank: 2, crd: 105866, firm: Young Richard C & Co Ltd, city: Newport, state: RI, value: 1801392887, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/105866/; rank: 3, crd: 108868, firm: Professional Planning Group, city: Westerly, state: RI, value: 1316426626, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108868/; rank: 4, crd: 157959, firm: Capital Wealth Management, LLC, city: West Warwick, state: RI, value: 1137135987, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/157959/; rank: 5, crd: 296271, firm: McGuire Wealth Management, city: Wakefield, state: RI, value: 1061093863, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/296271/; rank: 6, crd: 124636, firm: Strategicpoint Investment Advisors LLC, city: Providence, state: RI, value: 914758697, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/124636/; rank: 7, crd: 297527, firm: Canton Hathaway LLC, city: Providence, state: RI, value: 866119419, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/297527/; rank: 8, crd: 296475, firm: Wealthcare Investment Partners LLC, city: Portsmouth, state: RI, value: 859629575, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/296475/; rank: 9, crd: 108451, firm: Blue Fin Capital, Inc., city: Warren, state: RI, value: 755923825, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108451/; rank: 10, crd: 107565, firm: Newman Dignan & Sheerar, Inc, city: Providence, state: RI, value: 731274095, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/107565/; rank: 11, crd: 109114, firm: SK Wealth Management, LLC, city: Providence, state: RI, value: 638952784, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/109114/; rank: 12, crd: 170361, firm: Mystic Asset Management, city: Warwick, state: RI, value: 614583156, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/170361/; rank: 13, crd: 107646, firm: Sowa Financial Group, city: Lincoln, state: RI, value: 517016775, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/107646/; rank: 14, crd: 109922, firm: Lincoln Capital Corporation, city: East Greenwich, state: RI, value: 418266246, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/109922/; rank: 15, crd: 108141, firm: Hall Capital Management Company, Inc., city: Barrington, state: RI, value: 411648230, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108141/; rank: 16, crd: 108705, firm: The Retirement Planning Company of New England, Inc., city: Warwick, state: RI, value: 394398625, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108705/; rank: 17, crd: 123910, firm: Signet Investment Advisory Group, Inc., city: Providence, state: RI, value: 394056372, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/123910/; rank: 18, crd: 45452, firm: Wealth Management Resources, Inc., city: Smithfield, state: RI, value: 385200640, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/45452/; rank: 19, crd: 167122, firm: Axis Wealth Partners, LLC, city: East Providence, state: RI, value: 377380633, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/167122/; rank: 20, crd: 118113, firm: Arlen Capital, LLC, city: Warwick, state: RI, value: 348820421, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/118113/; rank: 21, crd: 108047, firm: Weybosset Research & Management, LLC, city: Providence, state: RI, value: 340854267, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108047/; rank: 22, crd: 150515, firm: Financial Independence, LLC, city: Warwick, state: RI, value: 288104032, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/150515/; rank: 23, crd: 105031, firm: First Financial Advisory Services Inc, city: Westerly, state: RI, value: 278038908, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/105031/; rank: 24, crd: 143912, firm: Forbes Financial Planning, Inc., city: East Greenwich, state: RI, value: 240541107, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/143912/; rank: 25, crd: 341084, firm: Veritas Wealth Management, city: North Kingstown, state: RI, value: 219866414, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/341084/; rank: 26, crd: 104929, firm: Slocum, Gordon & Co. LLP, city: Newport, state: RI, value: 219150565, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/104929/; rank: 27, crd: 119631, firm: D & P Investment Advisors, Ltd., city: Wakefield, state: RI, value: 197759856, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/119631/; rank: 28, crd: 120465, firm: Eliot Rose Wealth Management, LLC, city: Providence, state: RI, value: 186327765, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/120465/; rank: 29, crd: 299102, firm: Breachway Investments, LLC, city: Charlestown, state: RI, value: 164902821, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/299102/; rank: 30, crd: 281437, firm: Bountiful Investment Management LLC, city: Rumford, state: RI, value: 160517879, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/281437/; rank: 31, crd: 152001, firm: Alpha Dog Advisors, Ruff, city: Cranston, state: RI, value: 153574000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/152001/; rank: 32, crd: 109013, firm: Sheeley & Partners Wealth Management, LLC, city: Providence, state: RI, value: 131301497, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/109013/; rank: 33, crd: 311956, firm: Jones Fiduciary Wealth Management LLC, city: Pawtucket, state: RI, value: 130300000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/311956/; rank: 34, crd: 300200, firm: CB Capital LLC, city: North Smithfield, state: RI, value: 124458300, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/300200/; rank: 35, crd: 134804, firm: Ncu Investment Solutions, city: Smithfiled, state: RI, value: 107551908, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/134804/; rank: 36, crd: 305991, firm: Experience Your Wealth, LLC, city: Bristol, state: RI, value: 105302182, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/305991/; rank: 37, crd: 119510, firm: Blue Chip Financial Advisors, LLC, city: East Providence, state: RI, value: 104069000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/119510/; rank: 38, crd: 174699, firm: Balanced Wealth Management, LLC., city: West Warwick, state: RI, value: 101959984, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/174699/; rank: 39, crd: 323417, firm: Old Forge Wealth Management, LLC, city: Warwick, state: RI, value: 99000000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/323417/; rank: 40, crd: 120178, firm: Charles J. Means & Co., LLC, city: Providence, state: RI, value: 91253527, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/120178/; rank: 41, crd: 164675, firm: Wickford Wealth Management, LLC, city: North Kingstown, state: RI, value: 71394270, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/164675/; rank: 42, crd: 326003, firm: Truefocus Financial Partners, city: North Kingstown, state: RI, value: 67589000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/326003/; rank: 43, crd: 105502, firm: Van Liew Capital Inc, city: Providence, state: RI, value: 67190511, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/105502/; rank: 44, crd: 129615, firm: The Capital Group, city: Warwick, state: RI, value: 62769974, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/129615/; rank: 45, crd: 129164, firm: Cornerstone Investment Services, city: Providence, state: RI, value: 62531641, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/129164/; rank: 46, crd: 323211, firm: Invest Track Financial, LLC, city: Wakefield, state: RI, value: 61205713, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/323211/; rank: 47, crd: 284790, firm: Merlin Asset Management, city: Newport, state: RI, value: 50211696, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/284790/; rank: 48, crd: 134395, firm: M. W. Aragao Investment Advisors, LLC, city: Cumberland, state: RI, value: 46866220, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/134395/; rank: 49, crd: 321763, firm: Eisenhilfer Capital LLC, city: Lincoln, state: RI, value: 43098387, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/321763/; rank: 50, crd: 117649, firm: Coastal Financial Planning, Inc., city: Lincoln, state: RI, value: 37000000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/117649/; rank: 51, crd: 139651, firm: Brown Advisory Group, LLC, city: East Providence, state: RI, value: 27125951, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/139651/; rank: 52, crd: 165515, firm: J.P. Diversified Asset Management LLC, city: East Greenwich, state: RI, value: 25004100, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/165515/; rank: 53, crd: 321170, firm: JBP Financial LLC, city: North Smithfield, state: RI, value: 20000000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/321170/; rank: 54, crd: 323650, firm: South County Wealth Planning, city: Saunderstown, state: RI, value: 19392939, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/323650/; rank: 55, crd: 110484, firm: Creative Resources Investment Advisors LLC, city: Cranston, state: RI, value: 16723086, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/110484/; rank: 56, crd: 330832, firm: Guidici Wealth Management LLC, city: Warwick, state: RI, value: 14085312, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/330832/; rank: 57, crd: 283922, firm: Efficient Capital Strategies, LLC, city: Barrington, state: RI, value: 11611284, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/283922/; rank: 58, crd: 119777, firm: Hacket Asset Management, Inc., city: Warwick, state: RI, value: 11418026, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/119777/; rank: 59, crd: 326018, firm: Income Associates, city: Barrington, state: RI, value: 11108541, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/326018/; rank: 60, crd: 290767, firm: Green Street Wealth Advisory, LLC, city: North Kingston, state: RI, value: 10561897, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/290767/; rank: 61, crd: 314386, firm: Retirement Income Security LLC, city: East Greenwich, state: RI, value: 10100000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/314386/; rank: 62, crd: 289141, firm: MB Financial Planning LLC, city: Richmond, state: RI, value: 5680000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/289141/; rank: 63, crd: 330510, firm: Zarathustra Wealth Management, city: Providence, state: RI, value: 3000000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/330510/; rank: 64, crd: 155411, firm: Stillwater Investments, city: Smithfield, state: RI, value: 2500000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/155411/; rank: 65, crd: 318804, firm: Bulldog Financial Planning LLC, city: Cumberland, state: RI, value: 2203000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/318804/; rank: 66, crd: 141643, firm: Vetta Investments, city: East Greenwich, state: RI, value: 1650007, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/141643/; rank: 67, crd: 337558, firm: Quahog Investments LLC, city: Richmond, state: RI, value: 300000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/337558/

## 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 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/largest/rhode-island/

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