Ranking, New York

Wealth firms with the most high net worth clients, including broker-dealer firms in New York

As of October 2, 2026, Merrill Lynch, Pierce, Fenner & Smith Incorporated ranked #1 in New York in AdvisorIQ's ranking of wealth firms with the most high net worth clients, including broker-dealer firms, with 521,763.

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

Firms ranked by number of high net worth individual clients (Form ADV Item 5.D(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.

Wealth firms with the most high net worth clients, including broker-dealer firms in New York
Rank	Firm	City	Most high net worth clients
1	Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	521,763
2	J.P. Morgan Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	356,866
3	Advice and Planning Services Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	46,802
4	Morgan Stanley Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Purchase	43,631
5	Goldman Sachs Wealth Services, L.P. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Cohoes	38,800
6	Equitable Advisors, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	35,521
7	Eagle Strategies LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	27,125
8	Betterment	New York	24,685
9	Citigroup Global Markets Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	23,441
10	Park Avenue Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	17,261
11	Rockefeller Capital Management Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	15,255
12	Cerity Partners LLC	New York	14,561
13	RBC Capital Markets, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	12,350
14	Wealthspire Advisors	New York	5,553
15	Arax Advisory Partners	New York	4,949
16	BNY Mellon Advisors, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	4,358
17	First Manhattan Co. LLC	New York	3,828
18	J. Safra Asset Management Corporation Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York City	3,079
19	Titan	New York	2,862
20	Gilder Gagnon Howe & Co. LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	2,663
21	Rockefeller Capital Management Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	2,596
22	Citizens Private Wealth Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Tarrytown	2,465
23	Oppenheimer Asset Management Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	2,034
24	Cannell & Spears LLC	New York	1,937
25	Vise AI Advisors	New York City	1,870
26	Carry Advisors LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Brooklyn	1,771
27	Snowden Capital Advisors LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	1,580
28	TD Private Client Wealth LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	1,518
29	Ritholtz Wealth Management	New York	1,445
30	Williams Jones Wealth Management, LLC	New York	1,335
31	Sage, Rutty & Co., Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Rochester	1,292
32	The Pinnacle Financial Group	Rockville Centre	1,249
33	Oppenheimer & Co. Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	1,229
34	Savvy	New York	1,139
35	Joel Isaacson & Co., LLC	New York	1,132
36	Aegis Capital Corp. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	1,116
37	Ingalls Investment Management, LLC	New York	1,090
38	Silvercrest Asset Management Group LLC	New York	1,081
39	Klingenstein Fields Advisors	New York	977
40	Public Advisors LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	973
41	Douglass Winthrop Advisors LLC	New York	884
42	Douglas C. Lane & Associates	New York	874
43	Ameraudi Asset Management, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	832
44	Tocqueville Asset Management LP	New York	741
45	Karpus Investment Management	Pittsford	729
46	Evercore Wealth Management, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	674
47	Carrick Lane LLC	New York	645
48	Griffin Asset Management, LLC	New York	612
48	Compound Planning, Inc.	New York	612
50	Howe and Rusling, Inc.	Rochester	608
51	Summit Trail Advisors, LLC	New York	588
52	Shufro, Rose & Co., LLC	New York	547
53	Cross Border Wealth, LLC	New York	531
54	Valicenti Advisory Services Inc	Elmira	518
55	Andrew Garrett, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	504
56	United Asset Strategies Inc.	Garden City	503
57	Strategic Financial Services	Utica	501
58	Wilkinson Global Asset Management LLC	New York	486
59	Bouchey Financial Group, Ltd.	Troy	483
60	Hollow Brook Wealth Management LLC	Katonah	459
61	Klingman and Associates, LLC	New York	456
62	Flynn Zito Capital Management, LLC	Garden City	452
63	The Wealth Alliance, LLC	Melville	443
64	Legacy Edge Advisors	Syosset	442
65	Altfest Personal Wealth Management	New York	431
66	Tiedemann Advisors, LLC	New York	407
67	Meyer Handelman Company LLC	Rye Brook	402
68	Vanderbilt Advisory Services Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Woodbury	395
69	Sykon Capital LLC	Harrison	390
70	Tsa Management Inc	Glen Head	384
71	WNY Asset Management, LLC	Williamsville	383
72	Matrix Asset Advisors Inc	White Plains	381
73	Lipe & Dalton Investment Counsel	Syracuse	376
74	Magnus Financial Group LLC	New York	375
75	Brighton Securities Corp. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Rochester	374
75	Sandhill Investment Management	Buffalo	374
77	Seacrest Wealth Management, LLC	Purchase	373
78	Ellevest	New York	371
79	Orange Investment Advisors, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Goshen	370
80	Seasons of Advice Wealth Management	New York	368
81	Bridgewater Advisors Inc.	New York	366
82	Tortoise Investment Management, LLC	White Plains	360
83	The Portfolio Strategy Group, LLC	White Plains	359
84	Frisch Financial Group, Inc.	Melville	358
85	Courier Capital, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Buffalo	356
86	Matauro, LLC	New York	354
87	Payne Capital Management, LLC	New York	349
88	Circle Advisers Inc	New York	348
89	Transatlantique Private Wealth LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	347
90	Stirlingshire Investments Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	345
91	Fenix Trading Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	343
92	Onyx Bridge Wealth Group LLC	Tarrytown	341
93	Rockline Wealth Management LLC	Islip Terrace	339
94	Flagstar Securities, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	338
95	Platform Technology Partners	Locust Valley	336
95	Maridea Wealth Management	Brooklyn	336
97	Opal Wealth Advisors, LLC	Jericho	334
98	Chemistry Wealth Management LLC	New York	331
99	First Long Island Investors, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Jericho	325
100	John G. Ullman & Associates, Inc	Horseheads	324

Showing the top 100. Figures are as firms reported them on Form ADV.

More rankings

Most high net worth 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.