State market data

Wealth management firms in Alaska

As of October 2, 2026, 23 wealth management firms, including broker-dealer firms, based in Alaska reported $2.3 billion in regulatory assets under management; the largest by assets was Alaska Wealth Advisors, with $1.2 billion.

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

Wealth management firms: 23
SEC-registered: 4
State-registered: 19
Regulatory assets under management: $2.3 billion
Client accounts: 6,663
Median firm size: $29.2 million
Of which broker-dealer affiliated: 0, with $0

Alaska has not adopted IAR continuing education. Status from NASAA's IAR CE map, checked October 5, 2026. IAR CE in Alaska.

Top firms in Alaska

Largest wealth firms by assets under management, including broker-dealer firms

Largest wealth firms by assets under management, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	RAUM
1	Alaska Wealth Advisors	Anchorage	$1.2 billion
2	Bright Road Wealth Management, LLC	Anchorage	$443.3 million
3	Heisten Wrenn Private Wealth, LLC	Anchorage	$231.8 million
4	Blue Anchor Wealth Advisors, LLC	Ketchikan	$144.2 million
5	Change Wealth Advisors	Anchorage	$67.2 million
6	Coho Advisory Services, LLC	Anchorage	$52.4 million
7	Girdwood Capital LLC	Girdwood	$44.7 million
8	Capital Advisors	Not reported	$34.0 million
9	Outlook Financial Services	Anchorage	$30.7 million
10	Artica Financial Services LLC	Anchorage	$27.6 million

Top 100 in Alaska

Fastest-growing wealth firms over one year, including broker-dealer firms

Fastest-growing wealth firms over one year, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	Growth	Starting value
1	Heisten Wrenn Private Wealth, LLC	Anchorage	37.4%	$168.7 million
2	Bright Road Wealth Management, LLC	Anchorage	26.8%	$349.5 million
3	Alaska Wealth Advisors	Anchorage	24.9%	$925.4 million

Top 100 in Alaska

Fastest-growing wealth firms over three years, including broker-dealer firms

Fastest-growing wealth firms over three years, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	Growth	Starting value
1	Bright Road Wealth Management, LLC	Anchorage	28.4%	$209.2 million
2	Alaska Wealth Advisors	Anchorage	17.9%	$706.0 million

Top 100 in Alaska

Fastest-growing wealth firms over five years, including broker-dealer firms

Fastest-growing wealth firms over five years, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	Growth	Starting value
1	Bright Road Wealth Management, LLC	Anchorage	24.4%	$148.9 million
2	Alaska Wealth Advisors	Anchorage	15.5%	$563.4 million

Top 100 in Alaska

Wealth firms with the biggest asset gains over one year, including broker-dealer firms

Wealth firms with the biggest asset gains over one year, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	Increase
1	Alaska Wealth Advisors	Anchorage	$230.8 million
2	Bright Road Wealth Management, LLC	Anchorage	$93.8 million
3	Heisten Wrenn Private Wealth, LLC	Anchorage	$63.1 million

Top 100 in Alaska

Wealth firms with the most clients, including broker-dealer firms

Wealth firms with the most clients, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	Most clients
1	Alaska Wealth Advisors	Anchorage	672
2	Bright Road Wealth Management, LLC	Anchorage	640
3	Blue Anchor Wealth Advisors, LLC	Ketchikan	307
4	Heisten Wrenn Private Wealth, LLC	Anchorage	224
5	Coho Advisory Services, LLC	Anchorage	194
6	Change Wealth Advisors	Anchorage	87
7	Girdwood Capital LLC	Girdwood	70
8	Outlook Financial Services	Anchorage	69
9	Alaska Wealth Management	Anchorage	37
10	Artica Financial Services LLC	Anchorage	36

Top 100 in Alaska

Wealth firms with the fastest client growth over one year, including broker-dealer firms

Wealth firms with the fastest client growth over one year, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	Growth	Starting value
1	Heisten Wrenn Private Wealth, LLC	Anchorage	34.9%	166
2	Bright Road Wealth Management, LLC	Anchorage	11.1%	576
3	Alaska Wealth Advisors	Anchorage	6.8%	629

Top 100 in Alaska

Wealth firms with the most accounts, including broker-dealer firms

Wealth firms with the most accounts, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	Most accounts
1	Alaska Wealth Advisors	Anchorage	2,274
2	Bright Road Wealth Management, LLC	Anchorage	2,182
3	Heisten Wrenn Private Wealth, LLC	Anchorage	621
4	Change Wealth Advisors	Anchorage	393
5	Coho Advisory Services, LLC	Anchorage	310
6	Blue Anchor Wealth Advisors, LLC	Ketchikan	302
7	Girdwood Capital LLC	Girdwood	154
8	Artica Financial Services LLC	Anchorage	88
9	Frontier Financial Planning	Fairbanks	75
10	Unburdened Financial Planning	Wasilla	58

Top 100 in Alaska

Wealth firms with the most advisory staff, including broker-dealer firms

Wealth firms with the most advisory staff, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	Most advisory staff
1	Alaska Wealth Advisors	Anchorage	16
2	Bright Road Wealth Management, LLC	Anchorage	10
3	Blue Anchor Wealth Advisors, LLC	Ketchikan	6
3	Coho Advisory Services, LLC	Anchorage	6
5	Heisten Wrenn Private Wealth, LLC	Anchorage	2
5	Change Wealth Advisors	Anchorage	2
7	Dynamic Capital Management, Inc.	Anchorage	1
7	Capital Advisors	Not reported	1
7	Outlook Financial Services	Anchorage	1
7	Alaska Retirement	Anchorage	1

Top 100 in Alaska

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

Wealth firms with the most high net worth clients, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	Most high net worth clients
1	Alaska Wealth Advisors	Anchorage	332
2	Bright Road Wealth Management, LLC	Anchorage	104
3	Heisten Wrenn Private Wealth, LLC	Anchorage	63
4	Blue Anchor Wealth Advisors, LLC	Ketchikan	35
5	Girdwood Capital LLC	Girdwood	26
6	Change Wealth Advisors	Anchorage	18
7	Outlook Financial Services	Anchorage	16
8	Capital Advisors	Not reported	9
9	Coho Advisory Services, LLC	Anchorage	7
10	Unburdened Financial Planning	Wasilla	5

Top 100 in Alaska

Wealth firms with the most CFP professionals, including broker-dealer firms

Wealth firms with the most CFP professionals, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	Most CFP professionals
1	Alaska Wealth Advisors	Anchorage	6
2	Bright Road Wealth Management, LLC	Anchorage	5
3	Blue Anchor Wealth Advisors, LLC	Ketchikan	2
4	Frontier Financial Planning	Fairbanks	1
4	Artica Financial Services LLC	Anchorage	1
4	Link Asset Management LLC	Soldotna	1
4	Heisten Wrenn Private Wealth, LLC	Anchorage	1
4	Alaska Wealth Management	Anchorage	1
4	Unburdened Financial Planning	Wasilla	1

Top 100 in Alaska

Newest wealth firms, including broker-dealer firms

Newest wealth firms, including broker-dealer firms in Alaska, top 10
Rank	Firm	City	Amount
1	Blue Anchor Wealth Advisors, LLC	Ketchikan	$144.2 million
2	Compass Wealth Advisor	Not reported	$0
2	True Range Strategic Wealth LLC	Anchorage	$0
2	Stellar Wealth Management	Anchorage	$0
2	Honorpoint Financial	Wasilla	$0

Top 100 in Alaska

Over time

From the SEC's yearly files: SEC-registered wealth firms based in Alaska, from October 2018, each snapshot classed from its own Form ADV answers.

FirmsSEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Firms
As of	Firms
October 1, 2018	4
October 1, 2019	4
October 1, 2020	4
October 4, 2021	6
October 3, 2022	5
October 5, 2023	5
October 1, 2024	5
September 2, 2025	5
October 2, 2026	4

Regulatory assets under managementSEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Regulatory assets under management
As of	Regulatory assets under management
October 1, 2018	$817.5 million
October 1, 2019	$864.7 million
October 1, 2020	$1.0 billion
October 4, 2021	$1.4 billion
October 3, 2022	$1.6 billion
October 5, 2023	$1.6 billion
October 1, 2024	$2.0 billion
September 2, 2025	$2.2 billion
October 2, 2026	$2.0 billion

Client accountsSEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Client accounts
As of	Client accounts
October 1, 2018	2,205
October 1, 2019	3,569
October 1, 2020	3,864
October 4, 2021	5,209
October 3, 2022	5,242
October 5, 2023	5,772
October 1, 2024	6,804
September 2, 2025	6,928
October 2, 2026	5,379

Median firm size (RAUM)SEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Median firm size (RAUM)
As of	Median firm size (RAUM)
October 1, 2018	$170.9 million
October 1, 2019	$175.5 million
October 1, 2020	$220.1 million
October 4, 2021	$241.1 million
October 3, 2022	$302.9 million
October 5, 2023	$281.8 million
October 1, 2024	$322.9 million
September 2, 2025	$349.5 million
October 2, 2026	$337.5 million

The market in Alaska now

Headline figures

Headline figures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms	23	4	19
Regulatory assets under management	$2.3 billion	$2.0 billion	$333.2 million
Accounts	6,663	5,379	1,284
Clients	2,491	1,843	648
Employees	71	45	26
Advisory employees	59	34	25
Investment adviser representatives	54	31	23
Median RAUM	$29.2 million	$337.5 million	$19.0 million
Average RAUM	$128.3 million	$493.9 million	$23.8 million

Firms by size

Advisers grouped by regulatory assets under management.

Firms by size, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms under $100 million	14	0	14
RAUM of firms under $100 million	$333.2 million	$0	$333.2 million
Firms $100 million to $250 million	2	2	0
RAUM of firms $100 million to $250 million	$376.0 million	$376.0 million	$0
Firms $250 million to $500 million	1	1	0
RAUM of firms $250 million to $500 million	$443.3 million	$443.3 million	$0
Firms $500 million to $1 billion	0	0	0
RAUM of firms $500 million to $1 billion	$0	$0	$0
Firms $1 billion to $5 billion	1	1	0
RAUM of firms $1 billion to $5 billion	$1.2 billion	$1.2 billion	$0
Firms $5 billion to $10 billion	0	0	0
RAUM of firms $5 billion to $10 billion	$0	$0	$0
Firms $10 billion and up	0	0	0
RAUM of firms $10 billion and up	$0	$0	$0

Concentration

How much of the market the largest advisers hold.

Concentration, as of October 2, 2026
Measure	All wealth firms	State-registered
Top 10 share of RAUM	96.7%	95.4%

How advisers are paid

Share of advisers reporting each form of compensation on Form ADV Item 5.E. A firm can report several.

How advisers are paid: all wealth firmsAs of October 2, 2026.
Measure	Bar	Value
Charge a percentage of assets		73.9%
Charge hourly fees		65.2%
Charge subscription fees		4.3%
Charge fixed fees		65.2%
Receive commissions		0.0%
Charge performance-based fees		0.0%
Other compensation		4.3%

How advisers are paid, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Charge a percentage of assets	73.9%	100.0%	68.4%
Charge hourly fees	65.2%	100.0%	57.9%
Charge subscription fees	4.3%	0.0%	5.3%
Charge fixed fees	65.2%	75.0%	63.2%
Receive commissions	0.0%	0.0%	0.0%
Charge performance-based fees	0.0%	0.0%	0.0%
Other compensation	4.3%	0.0%	5.3%

Custody

Advisers reporting custody of client cash or securities on Form ADV Item 9.

Custody, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Have custody	21.7%	100.0%	5.3%

Broker-dealer and other affiliations

From Form ADV Items 6 and 7.

Broker-dealer and other affiliations, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Broker-dealer affiliated	0.0%	0.0%	0.0%

New firms and successions

New registrations and firms reporting that they succeeded to another adviser's business (Form ADV Item 4).

New firms and successions, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
New registrations	5	1	4
Successions	No data	0	No data

Other measures

Other measures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms reporting RAUM	18	4	14
Discretionary RAUM	$2.2 billion	$2.0 billion	$269.4 million
CFP professionals	19	14	5
25th percentile RAUM	$10.8 million	$209.9 million	$7.3 million
75th percentile RAUM	$63.5 million	$621.5 million	$33.2 million
90th percentile RAUM	$295.2 million	$942.3 million	$50.1 million
Average account size	$346,483	$367,255	$259,466
Offer financial planning	82.6%	100.0%	78.9%
RAUM growth, one year	No data	-10.7%	No data

As of October 2, 2026. Definitions of every measure are on the methodology page.

Cities

Anchorage 13 independent RIAs, $2.0 billion

Cities with at least five independent RIAs.

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.