{"type":"ria_ranking","disclaimer":"Firm-level data as reported on Form ADV to the SEC and state regulators; corrections are made on Form ADV and appear after the next monthly reload.","title":"Independent RIAs with the most clients in South Dakota","lead":"As of October 2, 2026, Hahn Financial Group ranked #1 in South Dakota in AdvisorIQ's ranking of independent RIAs with the most clients, with 3,643.","as_of":"2026-10-02","facts":{"ranking":"Independent RIAs with the most clients","how_it_is_computed":"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.","unit":"count","scope":"South Dakota","firms_listed":37,"rows":[{"rank":1,"crd":169787,"firm":"Hahn Financial Group","city":"Sioux Falls","state":"SD","value":3643,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/169787/"},{"rank":2,"crd":157109,"firm":"Compass Financial Group, Inc","city":"Sioux Falls","state":"SD","value":2826,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/157109/"},{"rank":3,"crd":299593,"firm":"Big Sioux Wealth Management","city":"Watertown","state":"SD","value":868,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/299593/"},{"rank":4,"crd":169949,"firm":"Alternative Strategies Group, Inc.","city":"Sioux Falls","state":"SD","value":689,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/169949/"},{"rank":5,"crd":127313,"firm":"Schwan Financial Advisors, LLC","city":"Aberdeen","state":"SD","value":592,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/127313/"},{"rank":6,"crd":127616,"firm":"Elgethun Capital Management","city":"Sioux Falls","state":"SD","value":308,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/127616/"},{"rank":7,"crd":152893,"firm":"Hyline Wealth","city":"Sioux Falls","state":"SD","value":204,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/152893/"},{"rank":8,"crd":147879,"firm":"Gabe Nelson Financial, Inc.","city":"Sioux 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Falls","state":"SD","value":126,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/297639/"},{"rank":13,"crd":324168,"firm":"Impact Wealth Management","city":"Sioux Falls","state":"SD","value":124,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/324168/"},{"rank":14,"crd":301995,"firm":"Make Way Wealth Management","city":"Sioux Falls","state":"SD","value":120,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/301995/"},{"rank":15,"crd":327281,"firm":"Midwest Financial Strategies","city":"Watertown","state":"SD","value":102,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/327281/"},{"rank":16,"crd":337331,"firm":"KFG, LLC","city":"Rapid City","state":"SD","value":101,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/337331/"},{"rank":17,"crd":158735,"firm":"Birch Investment Management, L.L.C.","city":"Brookings","state":"SD","value":94,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/158735/"},{"rank":18,"crd":154965,"firm":"Resolve Capital Management LLC","city":"Sioux Falls","state":"SD","value":89,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/154965/"},{"rank":19,"crd":117524,"firm":"Terry Peschl & Associates, Inc.","city":"Watertown","state":"SD","value":80,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/117524/"},{"rank":20,"crd":290743,"firm":"Iron Mountain Financial Planning","city":"Rapid City","state":"SD","value":72,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/290743/"},{"rank":21,"crd":164513,"firm":"Intelligent Investments","city":"Sioux Falls","state":"SD","value":66,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/164513/"},{"rank":22,"crd":306496,"firm":"Astute Financial, LLC","city":"Rapid City","state":"SD","value":53,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/306496/"},{"rank":23,"crd":170436,"firm":"Pathway Investments, LLC","city":"Sioux Falls","state":"SD","value":50,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/170436/"},{"rank":24,"crd":330985,"firm":"Skinner Financial Services","city":"Sioux Falls","state":"SD","value":47,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/330985/"},{"rank":25,"crd":285916,"firm":"Priority Investment Services, LLC","city":"Freeman","state":"SD","value":45,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/285916/"},{"rank":26,"crd":341361,"firm":"Prairie View Wealth Partners LLC","city":"Sioux Falls","state":"SD","value":42,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/341361/"},{"rank":27,"crd":166086,"firm":"Soaring Investment Management, LLC","city":"Sioux Falls","state":"SD","value":35,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/166086/"},{"rank":27,"crd":287827,"firm":"Trew Advisors, LLC","city":"Rapid City","state":"SD","value":35,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/287827/"},{"rank":27,"crd":310877,"firm":"TDT Financial Inc","city":"Sioux Falls","state":"SD","value":35,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/310877/"},{"rank":30,"crd":167109,"firm":"Willkate Wealth Management, LLC","city":"Aberdeen","state":"SD","value":32,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/167109/"},{"rank":31,"crd":331714,"firm":"Ortman Finances, LLC","city":"Canistota","state":"SD","value":25,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/331714/"},{"rank":32,"crd":282421,"firm":"Optimum Wealth Management, LLC","city":"Pierre","state":"SD","value":21,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/282421/"},{"rank":33,"crd":334364,"firm":"Klocker Investment Advisers","city":"Sioux Falls","state":"SD","value":20,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/334364/"},{"rank":34,"crd":312903,"firm":"Adrionic Technologies LLC","city":"Sioux Falls","state":"SD","value":16,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/312903/"},{"rank":35,"crd":118531,"firm":"Myrna Mitchell, Mba, CFP","city":"Rapid City","state":"SD","value":15,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/118531/"},{"rank":36,"crd":315891,"firm":"Castellum Capital Management LLC","city":"Sioux Falls","state":"SD","value":12,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/315891/"},{"rank":37,"crd":142700,"firm":"Pikila","city":"Sioux Falls","state":"SD","value":1,"base_value":null,"succeeded_to_another_advisers_business":false,"url":"https://advisoriq.com/ria/firms/142700/"}]},"sources":[{"url":"https://www.sec.gov/files/investment/data/other/information-about-registered-investment-advisers-exempt-reporting-advisers/ia100226.zip","checked":"2026-10-07","label":"SEC, Information About Registered Investment Advisers (ia100226.zip)"},{"url":"https://adviserinfo.sec.gov/compilation","checked":"2026-10-07","label":"IAPD compilation reports (IA_FIRM_STATE_Feed_10_07_2026.xml.gz)"}],"related":[{"title":"Independent RIAs with the most clients, nationally","url":"https://advisoriq.com/ria/rankings/most-clients/"},{"title":"RIA market data for South Dakota","url":"https://advisoriq.com/ria/states/south-dakota/"},{"title":"All RIA rankings","url":"https://advisoriq.com/ria/rankings/"},{"title":"How the directory is built","url":"https://advisoriq.com/ria/methodology/"}],"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."],"url":"https://advisoriq.com/ria/rankings/most-clients/south-dakota/","citation":"AdvisorIQ, as of 2026-10-02. https://advisoriq.com/ria/rankings/most-clients/south-dakota/","license":"https://advisoriq.com/license/","publisher":"AdvisorIQ, independent education for financial advisors"}