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

For asset managers
AdvisorIQ

Ranking, South Dakota

Wealth firms with the most clients, including broker-dealer firms in South Dakota

As of October 2, 2026, Hahn Financial Group ranked #1 in South Dakota in AdvisorIQ's ranking of wealth firms with the most clients, including broker-dealer firms, with 3,643.

Showing all wealth firms, including wirehouses and broker-dealer firms. Independent RIAs only

Firms ranked by number of clients: the clients counted by type in Form ADV Item 5.D(a) to (n) plus clients for whom the firm has no RAUM (Item 5.C(1)), as reported in the latest filing in the data of October 2, 2026. Counts are approximate as firms report them; a client type marked "fewer than 5 clients" without a number adds nothing. 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.

Rank Firm City Most clients
1 Hahn Financial Group Sioux Falls 3,643
2 Compass Financial Group, Inc Sioux Falls 2,826
3 Big Sioux Wealth Management Watertown 868
4 Alternative Strategies Group, Inc. Sioux Falls 689
5 Schwan Financial Advisors, LLC Aberdeen 592
6 Elgethun Capital Management Sioux Falls 308
7 Hyline Wealth Sioux Falls 204
8 Gabe Nelson Financial, Inc. Sioux Falls 203
9 Thompson Private Wealth Sioux Falls 189
10 Lauer Capital Management Ltd Sioux Falls 184
11 Applied Financial Wisdom Rapid City 152
12 Aspen Private Advisors, LLC Sioux Falls 126
13 Impact Wealth Management Sioux Falls 124
14 Make Way Wealth Management Sioux Falls 120
15 Midwest Financial Strategies Watertown 102
16 KFG, LLC Rapid City 101
17 Birch Investment Management, L.L.C. Brookings 94
18 Resolve Capital Management LLC Sioux Falls 89
19 Terry Peschl & Associates, Inc. Watertown 80
20 Iron Mountain Financial Planning Rapid City 72
21 Intelligent Investments Sioux Falls 66
22 Astute Financial, LLC Rapid City 53
23 Pathway Investments, LLC Sioux Falls 50
24 Skinner Financial Services Sioux Falls 47
25 Priority Investment Services, LLC Freeman 45
26 Prairie View Wealth Partners LLC Sioux Falls 42
27 Soaring Investment Management, LLC Sioux Falls 35
27 Trew Advisors, LLC Rapid City 35
27 TDT Financial Inc Sioux Falls 35
30 Willkate Wealth Management, LLC Aberdeen 32
31 Ortman Finances, LLC Canistota 25
32 Optimum Wealth Management, LLC Pierre 21
33 Klocker Investment Advisers Sioux Falls 20
34 Adrionic Technologies LLC Sioux Falls 16
35 Myrna Mitchell, Mba, CFP Rapid City 15
36 Castellum Capital Management LLC Sioux Falls 12
37 Pikila Sioux Falls 1

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

More rankings

Most clients 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.