IAR CE deadline: December 31. 84 days left in adopting states. Check what you owe

For asset managers

Ranking, South Dakota

Independent RIAs with the most accounts in South Dakota

As of October 2, 2026, Hahn Financial Group ranked #1 in South Dakota in AdvisorIQ's ranking of independent RIAs with the most accounts, with 3,363.

Include wirehouses and broker-dealer firms

Firms ranked by the number of accounts in their RAUM (Form ADV Item 5.F(2)(f)), discretionary and non-discretionary, in the data of October 2, 2026. SEC-registered and state-registered firms are both ranked. 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). 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.

Independent RIAs with the most accounts in South Dakota
Rank Firm City Most accounts
1 Hahn Financial Group Sioux Falls 3,363
2 Compass Financial Group, Inc Sioux Falls 2,826
3 Big Sioux Wealth Management Watertown 1,957
4 Elgethun Capital Management Sioux Falls 943
5 Gabe Nelson Financial, Inc. Sioux Falls 808
6 Alternative Strategies Group, Inc. Sioux Falls 796
7 Thompson Private Wealth Sioux Falls 557
8 KFG, LLC Rapid City 516
9 Aspen Private Advisors, LLC Sioux Falls 475
10 Impact Wealth Management Sioux Falls 453
11 Hyline Wealth Sioux Falls 401
12 Make Way Wealth Management Sioux Falls 331
13 Applied Financial Wisdom Rapid City 322
14 Midwest Financial Strategies Watertown 261
15 Iron Mountain Financial Planning Rapid City 245
16 Prairie View Wealth Partners LLC Sioux Falls 186
17 Intelligent Investments Sioux Falls 164
18 Resolve Capital Management LLC Sioux Falls 140
19 Birch Investment Management, L.L.C. Brookings 136
20 Willkate Wealth Management, LLC Aberdeen 125
21 TDT Financial Inc Sioux Falls 121
22 Lauer Capital Management Ltd Sioux Falls 92
23 Pathway Investments, LLC Sioux Falls 68
24 Optimum Wealth Management, LLC Pierre 66
25 Astute Financial, LLC Rapid City 53
26 Skinner Financial Services Sioux Falls 47
27 Priority Investment Services, LLC Freeman 45
28 Soaring Investment Management, LLC Sioux Falls 35
29 Trew Advisors, LLC Rapid City 30
29 Adrionic Technologies LLC Sioux Falls 30
31 Ortman Finances, LLC Canistota 29
32 Wealthier Way, LLC Sioux Falls 18
33 Myrna Mitchell, Mba, CFP Rapid City 15
33 Klocker Investment Advisers Sioux Falls 15
35 Castellum Capital Management LLC Sioux Falls 13
36 Malcolm Capital Management LLC Sioux Falls 6
37 Pikila Sioux Falls 1

37 firms ranked. Figures are as firms reported them on Form ADV.

More rankings

Most accounts by state

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.