# Newest independent RIAs in Louisiana

As of October 2, 2026, Fletcher Financial Group ranked #1 in Louisiana in AdvisorIQ's ranking of newest independent RIAs, with $133.0 million.

As of: 2026-10-02
Address: https://advisoriq.com/ria/rankings/newest/louisiana/

## Facts

- ranking: Newest independent RIAs
- how_it_is_computed: Firms whose current registration took effect in the 12 months before October 2, 2026, ranked by RAUM (firms with no RAUM rank last). The registration date is the SEC status effective date for SEC-registered firms, so a firm that moved from state to SEC registration counts as new to the SEC, and the earliest approved state registration for state-registered firms. 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: usd
- scope: Louisiana
- firms_listed: 13
- rows: rank: 1, crd: 152609, firm: Fletcher Financial Group, city: West Monroe, state: LA, value: 133000000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/152609/; rank: 2, crd: 174358, firm: JCN Financial & Tax Advisory Group, LLC, city: Baton Rouge, state: LA, value: 130490896, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/174358/; rank: 3, crd: 313227, firm: Pelican Investment Advisors, LLC, city: Baton Rouge, state: LA, value: 128500000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/313227/; rank: 4, crd: 164327, firm: WMS Group LLC, city: Folsom, state: LA, value: 125258865, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/164327/; rank: 5, crd: 330658, firm: Pelican Advisory LLC, city: Covington, state: LA, value: 119006151, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/330658/; rank: 6, crd: 305954, firm: Advocacy Financial LLC, city: Covington, state: LA, value: 103416660, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/305954/; rank: 7, crd: 337315, firm: Schayot Financial LLC, city: Metairie, state: LA, value: 72835891, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/337315/; rank: 8, crd: 339348, firm: Cavanaugh Wealth Management LLC, city: Baton Rouge, state: LA, value: 16400000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/339348/; rank: 9, crd: 110400, firm: Horizon Capital Management, Inc., city: Lafayette, state: LA, value: 2600000, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/110400/; rank: 10, crd: 338645, firm: Rainier Wealth Planning, LLC, city: Baton Rouge, state: LA, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/338645/; rank: 10, crd: 340461, firm: The Geauxmez Group Wealth Management LLC, city: Gesimar, state: LA, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/340461/; rank: 10, crd: 342791, firm: Carazo Wealth Management, city: Metairie, state: LA, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/342791/; rank: 10, crd: 343684, firm: Ridge Road Wealth Management, LLC, city: New Orleans, state: LA, value: 0, base_value: not stated, succeeded_to_another_advisers_business: false, url: https://advisoriq.com/ria/firms/343684/

## 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

- [Newest independent RIAs, nationally](https://advisoriq.com/ria/rankings/newest/)
- [RIA market data for Louisiana](https://advisoriq.com/ria/states/louisiana/)
- [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/newest/louisiana/

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