Ranking, South Dakota

Independent RIAs with the most advisory staff in South Dakota

As of October 2, 2026, Elgethun Capital Management ranked #1 in South Dakota in AdvisorIQ's ranking of independent RIAs with the most advisory staff, with 10.

Include wirehouses and broker-dealer firms

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.

Independent RIAs with the most advisory staff in South Dakota
Rank	Firm	City	Most advisory staff
1	Elgethun Capital Management	Sioux Falls	10
1	KFG, LLC	Rapid City	10
3	Hahn Financial Group	Sioux Falls	9
4	Compass Financial Group, Inc	Sioux Falls	7
5	Aspen Private Advisors, LLC	Sioux Falls	5
5	Big Sioux Wealth Management	Watertown	5
7	Schwan Financial Advisors, LLC	Aberdeen	2
7	Resolve Capital Management LLC	Sioux Falls	2
7	Willkate Wealth Management, LLC	Aberdeen	2
7	Make Way Wealth Management	Sioux Falls	2
7	Astute Financial, LLC	Rapid City	2
7	Prairie View Wealth Partners LLC	Sioux Falls	2
13	Lauer Capital Management Ltd	Sioux Falls	1
13	Terry Peschl & Associates, Inc.	Watertown	1
13	Myrna Mitchell, Mba, CFP	Rapid City	1
13	Gabe Nelson Financial, Inc.	Sioux Falls	1
13	Hyline Wealth	Sioux Falls	1
13	Birch Investment Management, L.L.C.	Brookings	1
13	Applied Financial Wisdom	Rapid City	1
13	Intelligent Investments	Sioux Falls	1
13	Soaring Investment Management, LLC	Sioux Falls	1
13	Alternative Strategies Group, Inc.	Sioux Falls	1
13	Pathway Investments, LLC	Sioux Falls	1
13	Thompson Private Wealth	Sioux Falls	1
13	Optimum Wealth Management, LLC	Pierre	1
13	Priority Investment Services, LLC	Freeman	1
13	Trew Advisors, LLC	Rapid City	1
13	Iron Mountain Financial Planning	Rapid City	1
13	Wealthier Way, LLC	Sioux Falls	1
13	Tallgrass Wealth Management, Inc.	Sioux Falls	1
13	TDT Financial Inc	Sioux Falls	1
13	Adrionic Technologies LLC	Sioux Falls	1
13	Castellum Capital Management LLC	Sioux Falls	1
13	Malcolm Capital Management LLC	Sioux Falls	1
13	Impact Wealth Management	Sioux Falls	1
13	Midwest Financial Strategies	Watertown	1
13	Skinner Financial Services	Sioux Falls	1
13	Ortman Finances, LLC	Canistota	1
13	Klocker Investment Advisers	Sioux Falls	1
13	Lapistone Advisors LLC	Sioux Falls	1
13	Lakeport Advisors, LLC	Tabor	1

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

More rankings

Most advisory staff 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.