# Independent RIAs with the most advisory staff 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 most advisory staff, with 12.

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

## Facts

- ranking: Independent RIAs with the most advisory staff
- how_it_is_computed: Firms ranked by employees who perform investment advisory functions, including research (Form ADV Item 5.B(1)), 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.
- unit: count
- scope: Rhode Island
- firms_listed: 72
- rows: rank: 1, crd: 106295, firm: Parsons Capital Management Inc, city: Providence, state: RI, value: 12, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/106295/; rank: 2, crd: 108868, firm: Professional Planning Group, city: Westerly, state: RI, value: 9, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108868/; rank: 2, crd: 157959, firm: Capital Wealth Management, LLC, city: West Warwick, state: RI, value: 9, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/157959/; rank: 4, crd: 105866, firm: Young Richard C & Co Ltd, city: Newport, state: RI, value: 8, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/105866/; rank: 5, crd: 105031, firm: First Financial Advisory Services Inc, city: Westerly, state: RI, value: 7, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/105031/; rank: 6, crd: 45452, firm: Wealth Management Resources, Inc., city: Smithfield, state: RI, value: 6, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/45452/; rank: 6, crd: 107565, firm: Newman Dignan & Sheerar, Inc, city: Providence, state: RI, value: 6, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/107565/; rank: 6, crd: 124636, firm: Strategicpoint Investment Advisors LLC, city: Providence, state: RI, value: 6, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/124636/; rank: 6, crd: 134804, firm: Ncu Investment Solutions, city: Smithfiled, state: RI, value: 6, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/134804/; rank: 6, crd: 167122, firm: Axis Wealth Partners, LLC, city: East Providence, state: RI, value: 6, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/167122/; rank: 11, crd: 105502, firm: Van Liew Capital Inc, city: Providence, state: RI, value: 5, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/105502/; rank: 11, crd: 119510, firm: Blue Chip Financial Advisors, LLC, city: East Providence, state: RI, value: 5, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/119510/; rank: 11, crd: 296475, firm: Wealthcare Investment Partners LLC, city: Portsmouth, state: RI, value: 5, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/296475/; rank: 11, crd: 297527, firm: Canton Hathaway LLC, city: Providence, state: RI, value: 5, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/297527/; rank: 15, crd: 109114, firm: SK Wealth Management, LLC, city: Providence, state: RI, value: 4, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/109114/; rank: 15, crd: 118113, firm: Arlen Capital, LLC, city: Warwick, state: RI, value: 4, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/118113/; rank: 15, crd: 123910, firm: Signet Investment Advisory Group, Inc., city: Providence, state: RI, value: 4, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/123910/; rank: 15, crd: 150515, firm: Financial Independence, LLC, city: Warwick, state: RI, value: 4, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/150515/; rank: 19, crd: 107646, firm: Sowa Financial Group, city: Lincoln, state: RI, value: 3, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/107646/; rank: 19, crd: 108141, firm: Hall Capital Management Company, Inc., city: Barrington, state: RI, value: 3, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108141/; rank: 19, crd: 108705, firm: The Retirement Planning Company of New England, Inc., city: Warwick, state: RI, value: 3, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108705/; rank: 19, crd: 109922, firm: Lincoln Capital Corporation, city: East Greenwich, state: RI, value: 3, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/109922/; rank: 19, crd: 110484, firm: Creative Resources Investment Advisors LLC, city: Cranston, state: RI, value: 3, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/110484/; rank: 19, crd: 281437, firm: Bountiful Investment Management LLC, city: Rumford, state: RI, value: 3, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/281437/; rank: 19, crd: 296271, firm: McGuire Wealth Management, city: Wakefield, state: RI, value: 3, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/296271/; rank: 26, crd: 104929, firm: Slocum, Gordon & Co. LLP, city: Newport, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/104929/; rank: 26, crd: 108047, firm: Weybosset Research & Management, LLC, city: Providence, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108047/; rank: 26, crd: 108451, firm: Blue Fin Capital, Inc., city: Warren, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/108451/; rank: 26, crd: 109013, firm: Sheeley & Partners Wealth Management, LLC, city: Providence, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/109013/; rank: 26, crd: 129164, firm: Cornerstone Investment Services, city: Providence, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/129164/; rank: 26, crd: 152001, firm: Alpha Dog Advisors, Ruff, city: Cranston, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/152001/; rank: 26, crd: 170361, firm: Mystic Asset Management, city: Warwick, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/170361/; rank: 26, crd: 174699, firm: Balanced Wealth Management, LLC., city: West Warwick, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/174699/; rank: 26, crd: 305991, firm: Experience Your Wealth, LLC, city: Bristol, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/305991/; rank: 26, crd: 314386, firm: Retirement Income Security LLC, city: East Greenwich, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/314386/; rank: 26, crd: 323211, firm: Invest Track Financial, LLC, city: Wakefield, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/323211/; rank: 26, crd: 326003, firm: Truefocus Financial Partners, city: North Kingstown, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/326003/; rank: 26, crd: 330832, firm: Guidici Wealth Management LLC, city: Warwick, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/330832/; rank: 26, crd: 341084, firm: Veritas Wealth Management, city: North Kingstown, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/341084/; rank: 26, crd: 342854, firm: Datum Wealth Management, city: Warwick, state: RI, value: 2, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/342854/; rank: 41, crd: 117649, firm: Coastal Financial Planning, Inc., city: Lincoln, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/117649/; rank: 41, crd: 119631, firm: D & P Investment Advisors, Ltd., city: Wakefield, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/119631/; rank: 41, crd: 119777, firm: Hacket Asset Management, Inc., city: Warwick, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/119777/; rank: 41, crd: 120178, firm: Charles J. Means & Co., LLC, city: Providence, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/120178/; rank: 41, crd: 120465, firm: Eliot Rose Wealth Management, LLC, city: Providence, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/120465/; rank: 41, crd: 123877, firm: Strategic Financial Group, city: Cranston, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/123877/; rank: 41, crd: 129615, firm: The Capital Group, city: Warwick, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/129615/; rank: 41, crd: 134395, firm: M. W. Aragao Investment Advisors, LLC, city: Cumberland, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/134395/; rank: 41, crd: 139651, firm: Brown Advisory Group, LLC, city: East Providence, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/139651/; rank: 41, crd: 141643, firm: Vetta Investments, city: East Greenwich, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/141643/; rank: 41, crd: 143912, firm: Forbes Financial Planning, Inc., city: East Greenwich, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/143912/; rank: 41, crd: 155411, firm: Stillwater Investments, city: Smithfield, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/155411/; rank: 41, crd: 164259, firm: Lally Wealth Management, LLC, city: North Kingstown, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/164259/; rank: 41, crd: 164675, firm: Wickford Wealth Management, LLC, city: North Kingstown, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/164675/; rank: 41, crd: 165515, firm: J.P. Diversified Asset Management LLC, city: East Greenwich, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/165515/; rank: 41, crd: 283922, firm: Efficient Capital Strategies, LLC, city: Barrington, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/283922/; rank: 41, crd: 284790, firm: Merlin Asset Management, city: Newport, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/284790/; rank: 41, crd: 289141, firm: MB Financial Planning LLC, city: Richmond, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/289141/; rank: 41, crd: 290767, firm: Green Street Wealth Advisory, LLC, city: North Kingston, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/290767/; rank: 41, crd: 299102, firm: Breachway Investments, LLC, city: Charlestown, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/299102/; rank: 41, crd: 300200, firm: CB Capital LLC, city: North Smithfield, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/300200/; rank: 41, crd: 311956, firm: Jones Fiduciary Wealth Management LLC, city: Pawtucket, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/311956/; rank: 41, crd: 318804, firm: Bulldog Financial Planning LLC, city: Cumberland, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/318804/; rank: 41, crd: 321170, firm: JBP Financial LLC, city: North Smithfield, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/321170/; rank: 41, crd: 321763, firm: Eisenhilfer Capital LLC, city: Lincoln, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/321763/; rank: 41, crd: 323417, firm: Old Forge Wealth Management, LLC, city: Warwick, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/323417/; rank: 41, crd: 323650, firm: South County Wealth Planning, city: Saunderstown, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/323650/; rank: 41, crd: 323707, firm: Rhodeway Financial, city: Providence, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/323707/; rank: 41, crd: 326018, firm: Income Associates, city: Barrington, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/326018/; rank: 41, crd: 330510, firm: Zarathustra Wealth Management, city: Providence, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/330510/; rank: 41, crd: 337558, firm: Quahog Investments LLC, city: Richmond, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/337558/; rank: 41, crd: 340494, firm: Alvarez & Associates Financial, city: Central Falls, state: RI, value: 1, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/340494/

## 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 most advisory staff, nationally](https://advisoriq.com/ria/rankings/most-advisory-staff/)
- [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/most-advisory-staff/rhode-island/

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