State market data

Wealth management firms in California

As of October 2, 2026, 3,331 wealth management firms, including broker-dealer firms, based in California reported $1.7 trillion in regulatory assets under management; the largest by assets was Edelman Financial Engines, with $326.3 billion.

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

Wealth management firms: 3,331
SEC-registered: 1,137
State-registered: 2,194
Regulatory assets under management: $1.7 trillion
Client accounts: 10,798,445
Median firm size: $59.6 million
Of which broker-dealer affiliated: 110, with $122.9 billion

California requires IAR continuing education, in effect since 2024. Status from NASAA's IAR CE map, checked October 5, 2026. IAR CE in California.

Top firms in California

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

Largest wealth firms by assets under management, including broker-dealer firms in California, top 10
Rank	Firm	City	RAUM
1	Edelman Financial Engines	Santa Clara	$326.3 billion
2	Ieq Capital, LLC	Foster City	$56.8 billion
3	Beacon Pointe Advisors, LLC	Newport Beach	$54.9 billion
4	Capital Group Private Client Services, 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.	Los Angeles	$48.4 billion
5	Wealthfront Advisers LLC	Palo Alto	$47.7 billion
6	EP Wealth Advisors	Torrance	$45.1 billion
7	Lido	Los Angeles	$42.5 billion
8	Allworth Financial, L.P.	Folsom	$33.6 billion
9	Jordan Park Group LLC	San Francisco	$23.3 billion
10	Seia	Los Angeles	$22.5 billion

Top 100 in California

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

Fastest-growing wealth firms over one year, including broker-dealer firms in California, top 10
Rank	Firm	City	Growth	Starting value
1	Salem Partners Wealth Management, LLC	Los Angeles	262.2%	$413.3 million
2	Elyxium Wealth LLC	Beverly Hills	206.9%	$452.7 million
3	Thepartners Wealth Management	Carmel by the Sea	160.5%	$454.5 million
4	Intellectus Partners, LLC	San Francisco	132.9%	$1.3 billion
5	Foundry Financial LLC	Pasadena	122.2%	$104.7 million
6	Alphacore Capital LLC	La Jolla	113.8%	$6.1 billion
7	Farther	San Francisco	112.8%	$7.5 billion
8	Torren Management, LLC	San Diego	111.0%	$177.0 million
9	Vistica Wealth Advisors, LLC	Carlsbad	97.6%	$131.6 million
10	Inflection Capital Management, LLC	San Francisco	94.0%	$188.5 million

Top 100 in California

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

Fastest-growing wealth firms over three years, including broker-dealer firms in California, top 10
Rank	Firm	City	Growth	Starting value
1	Concentric	Walnut Creek	92.7%	$1.9 billion
2	Alphacore Capital LLC	La Jolla	77.3%	$2.3 billion
3	Act Two Investors LLC	Santa Cruz	73.8%	$123.3 million
4	Salem Partners Wealth Management, LLC	Los Angeles	65.4%	$330.9 million
5	Alpha Solutions Investment Advisors	South San Francisco	61.7%	$110.2 million
6	Dew Point Capital	Los Angeles	60.4%	$124.5 million
7	Kingswood Wealth 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.	San Diego	57.7%	$969.4 million
8	Human Interest Advisors LLC	San Francisco	56.7%	$2.1 billion
9	Treehouse Wealth Advisors	Walnut Creek	54.6%	$161.7 million
10	Prosperitas Financial, LLC	Valencia	54.2%	$221.8 million

Top 100 in California

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

Fastest-growing wealth firms over five years, including broker-dealer firms in California, top 10
Rank	Firm	City	Growth	Starting value
1	Alphacore Capital LLC	La Jolla	65.5%	$1.0 billion
2	Kingswood Wealth 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.	San Diego	61.5%	$346.3 million
3	Human Interest Advisors LLC	San Francisco	49.5%	$1.1 billion
4	Keystone Private Wealth	Palm Desert	43.3%	$142.3 million
5	Manhattan West Asset Management, LLC	Los Angeles	41.6%	$204.3 million
6	Lido	Los Angeles	40.8%	$7.7 billion
7	Salem Partners Wealth Management, LLC	Los Angeles	39.6%	$282.3 million
8	Fermata Advisors	Sonoma	38.7%	$196.6 million
9	Curated Wealth Partners, LLC	El Segundo	38.2%	$349.6 million
10	Ieq Capital, LLC	Foster City	37.4%	$11.6 billion

Top 100 in California

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 California, top 10
Rank	Firm	City	Increase
1	Edelman Financial Engines	Santa Clara	$33.4 billion
2	Ieq Capital, LLC	Foster City	$21.4 billion
3	Beacon Pointe Advisors, LLC	Newport Beach	$15.0 billion
4	Lido	Los Angeles	$13.4 billion
5	Wealthfront Advisers LLC	Palo Alto	$11.8 billion
6	Capital Group Private Client Services, 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.	Los Angeles	$10.0 billion
7	EP Wealth Advisors	Torrance	$9.6 billion
8	Farther	San Francisco	$8.5 billion
9	Allworth Financial, L.P.	Folsom	$8.5 billion
10	Mission Wealth Management, LP	Santa Barbara	$7.0 billion

Top 100 in California

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

Wealth firms with the most clients, including broker-dealer firms in California, top 10
Rank	Firm	City	Most clients
1	Acorns	Irvine	8,158,329
2	Edelman Financial Engines	Santa Clara	1,566,536
3	Charles Schwab & 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.	San Francisco	955,800
4	Human Interest Advisors LLC	San Francisco	862,471
5	Wealthfront Advisers LLC	Palo Alto	518,639
6	Sofi 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.	San Francisco	261,620
7	Robinhood 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.	Menlo Park	252,664
8	Albert Investments, 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.	Santa Barbara	209,650
9	Schwab Wealth Advisory, 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.	San Francisco	168,774
10	Step Advisers, LLC	San Mateo	161,414

Top 100 in California

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 California, top 10
Rank	Firm	City	Growth	Starting value
1	Step Advisers, LLC	San Mateo	260.9%	44,724
2	Robinhood 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.	Menlo Park	211.9%	81,015
3	Boldin Advisors	Mill Valley	194.7%	550
4	Global Predictions Inc	Oakland	168.7%	431
5	X 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.	Santa Maria	139.6%	275
6	Williams & Novak 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.	Westlake Village	122.6%	257
7	Sierra Pacific Private Wealth, LLC	Pleasanton	112.7%	142
8	Alphacore Capital LLC	La Jolla	109.2%	1,943
9	Trivant Custom Portfolio Group LLC	San Diego	104.8%	188
10	Nectarine	San Diego	103.3%	3,158

Top 100 in California

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

Wealth firms with the most accounts, including broker-dealer firms in California, top 10
Rank	Firm	City	Most accounts
1	Acorns	Irvine	5,152,940
2	Edelman Financial Engines	Santa Clara	1,517,156
3	Human Interest Advisors LLC	San Francisco	762,032
4	Wealthfront Advisers LLC	Palo Alto	687,493
5	Sofi 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.	San Francisco	290,887
6	Robinhood 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.	Menlo Park	264,104
7	Albert Investments, 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.	Santa Barbara	209,650
8	Sigfig Wealth Management LLC	San Francisco	106,361
9	Allworth Financial, L.P.	Folsom	75,126
10	Bloom Investment Advisors, LLC	San Francisco	71,486

Top 100 in California

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

Wealth firms with the most advisory staff, including broker-dealer firms in California, top 10
Rank	Firm	City	Most advisory staff
1	Charles Schwab & 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.	San Francisco	4,127
2	Schwab Wealth Advisory, 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.	San Francisco	1,375
3	Edelman Financial Engines	Santa Clara	553
4	Independent Financial Group, 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.	San Diego	476
5	Beacon Pointe Advisors, LLC	Newport Beach	440
6	Centaurus Financial, 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.	Anaheim	426
7	Planmember Securities 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.	Carpinteria	425
8	EP Wealth Advisors	Torrance	320
9	Wedbush 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.	Pasadena	288
10	Farther	San Francisco	252

Top 100 in California

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 California, top 10
Rank	Firm	City	Most high net worth clients
1	Edelman Financial Engines	Santa Clara	45,656
2	Wealthfront Advisers LLC	Palo Alto	12,784
3	Beacon Pointe Advisors, LLC	Newport Beach	11,482
4	Lido	Los Angeles	9,829
5	Allworth Financial, L.P.	Folsom	9,283
6	Capital Group Private Client Services, 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.	Los Angeles	8,803
7	Seia	Los Angeles	4,920
8	Concentric	Walnut Creek	4,380
9	Mission Wealth Management, LP	Santa Barbara	3,633
10	Pure Financial Advisors, LLC	San Diego	3,567

Top 100 in California

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

Wealth firms with the most CFP professionals, including broker-dealer firms in California, top 10
Rank	Firm	City	Most CFP professionals
1	Charles Schwab & 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.	San Francisco	773
2	Schwab Wealth Advisory, 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.	San Francisco	653
3	Beacon Pointe Advisors, LLC	Newport Beach	230
4	EP Wealth Advisors	Torrance	191
5	Edelman Financial Engines	Santa Clara	182
6	Farther	San Francisco	125
7	Allworth Financial, L.P.	Folsom	116
8	Independent Financial Group, 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.	San Diego	101
9	Mission Wealth Management, LP	Santa Barbara	86
10	Lido	Los Angeles	85

Top 100 in California

Newest wealth firms, including broker-dealer firms

Newest wealth firms, including broker-dealer firms in California, top 10
Rank	Firm	City	Amount
1	Beacon Coast Partners, LLC	San Francisco	$2.3 billion
2	Stonebridge Financial Group	San Rafael	$896.0 million
3	Broadside Wealth	San Francisco	$874.5 million
4	Shah Wealth Advisors	Chino Hills	$606.2 million
5	Ocean Path Advisors, LLC	Manhattan Beach	$559.5 million
6	Jet Wealth Advisors	La Jolla	$546.5 million
7	Prosperity Financial Group, Inc.	San Ramon	$503.0 million
8	Pointone Family Office	Manhattan Beach	$327.1 million
9	Synchronous Wealth Advisors LLC	Solvang	$286.1 million
10	Certis Capital Management, Inc.	Santa Barbara	$255.9 million

Top 100 in California

Over time

From the SEC's yearly files: SEC-registered wealth firms based in California, 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	830
October 1, 2019	849
October 1, 2020	883
October 4, 2021	943
October 3, 2022	969
October 5, 2023	957
October 1, 2024	981
September 2, 2025	987
October 2, 2026	1,137

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	$908.8 billion
October 1, 2019	$965.7 billion
October 1, 2020	$821.7 billion
October 4, 2021	$966.8 billion
October 3, 2022	$1.1 trillion
October 5, 2023	$960.6 billion
October 1, 2024	$1.3 trillion
September 2, 2025	$1.3 trillion
October 2, 2026	$1.6 trillion

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	4,928,557
October 1, 2019	5,516,521
October 1, 2020	5,009,451
October 4, 2021	7,301,822
October 3, 2022	7,176,116
October 5, 2023	8,459,826
October 1, 2024	10,429,409
September 2, 2025	10,017,750
October 2, 2026	10,660,524

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	$241.8 million
October 1, 2019	$230.1 million
October 1, 2020	$258.2 million
October 4, 2021	$274.2 million
October 3, 2022	$300.8 million
October 5, 2023	$260.3 million
October 1, 2024	$287.6 million
September 2, 2025	$315.8 million
October 2, 2026	$304.3 million

The market in California now

Headline figures

Headline figures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms	3,331	1,137	2,194
Regulatory assets under management	$1.7 trillion	$1.6 trillion	$54.0 billion
Accounts	10,798,445	10,660,524	137,921
Clients	14,505,326	14,406,314	99,012
Employees	55,355	52,017	3,338
Advisory employees	19,476	16,671	2,805
Investment adviser representatives	23,239	20,297	2,942
Median RAUM	$59.6 million	$304.3 million	$22.6 million
Average RAUM	$601.4 million	$1.5 billion	$32.2 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	1,674	43	1,631
RAUM of firms under $100 million	$49.7 billion	$1.3 billion	$48.3 billion
Firms $100 million to $250 million	454	411	43
RAUM of firms $100 million to $250 million	$73.1 billion	$68.2 billion	$4.9 billion
Firms $250 million to $500 million	286	286	0
RAUM of firms $250 million to $500 million	$99.6 billion	$99.6 billion	$0
Firms $500 million to $1 billion	165	164	1
RAUM of firms $500 million to $1 billion	$114.6 billion	$113.8 billion	$762.6 million
Firms $1 billion to $5 billion	149	149	0
RAUM of firms $1 billion to $5 billion	$297.7 billion	$297.7 billion	$0
Firms $5 billion to $10 billion	18	18	0
RAUM of firms $5 billion to $10 billion	$132.2 billion	$132.2 billion	$0
Firms $10 billion and up	24	24	0
RAUM of firms $10 billion and up	$898.9 billion	$898.9 billion	$0

Concentration

How much of the market the largest advisers hold.

Concentration: all wealth firmsAs of October 2, 2026.
Measure	Bar	Value
Top 10 share of RAUM		42.1%
Top 100 share of RAUM		72.2%

Concentration, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Top 10 share of RAUM	42.1%	43.5%	3.9%
Top 100 share of RAUM	72.2%	74.7%	20.3%

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		89.8%
Charge hourly fees		51.7%
Charge subscription fees		1.7%
Charge fixed fees		57.3%
Receive commissions		2.0%
Charge performance-based fees		9.3%
Other compensation		8.2%

How advisers are paid, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Charge a percentage of assets	89.8%	96.2%	86.5%
Charge hourly fees	51.7%	49.7%	52.7%
Charge subscription fees	1.7%	1.3%	1.8%
Charge fixed fees	57.3%	64.5%	53.6%
Receive commissions	2.0%	1.9%	2.1%
Charge performance-based fees	9.3%	9.7%	9.2%
Other compensation	8.2%	8.4%	8.1%

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	22.2%	51.4%	7.2%

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	4.3%	7.5%	2.6%

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	332	135	197
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	2,770	1,095	1,675
Discretionary RAUM	$1.5 trillion	$1.5 trillion	$44.0 billion
CFP professionals	5,575	4,810	765
25th percentile RAUM	$15.3 million	$170.7 million	$6.7 million
75th percentile RAUM	$224.4 million	$662.4 million	$51.0 million
90th percentile RAUM	$658.3 million	$1.9 billion	$78.5 million
Average account size	$154,264	$151,193	$391,619
Offer financial planning	73.0%	81.3%	68.7%
RAUM growth, one year	No data	20.1%	No data

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

Cities

Santa Clara 9 independent RIAs, $327.2 billion
Los Angeles 153 independent RIAs, $176.9 billion
San Francisco 206 independent RIAs, $166.8 billion
Newport Beach 93 independent RIAs, $75.8 billion
Foster City 11 independent RIAs, $72.7 billion
Palo Alto 23 independent RIAs, $60.5 billion
Torrance 24 independent RIAs, $48.6 billion
San Diego 197 independent RIAs, $48.1 billion
Irvine 96 independent RIAs, $41.4 billion
Walnut Creek 58 independent RIAs, $34.9 billion
Folsom 13 independent RIAs, $34.8 billion
Santa Barbara 50 independent RIAs, $27.4 billion
Santa Monica 39 independent RIAs, $27.4 billion
Los Gatos 17 independent RIAs, $19.9 billion
La Jolla 28 independent RIAs, $18.0 billion
Carlsbad 48 independent RIAs, $17.5 billion
Beverly Hills 29 independent RIAs, $17.2 billion
Westlake Village 34 independent RIAs, $15.5 billion
Pasadena 60 independent RIAs, $15.5 billion
San Rafael 36 independent RIAs, $11.9 billion
San Jose 55 independent RIAs, $9.6 billion
El Segundo 15 independent RIAs, $9.3 billion
Menlo Park 21 independent RIAs, $8.8 billion
Greenbrae 5 independent RIAs, $8.2 billion
San Ramon 27 independent RIAs, $7.2 billion
Oakland 38 independent RIAs, $6.8 billion
Manhattan Beach 22 independent RIAs, $6.5 billion
Long Beach 18 independent RIAs, $6.5 billion
Mill Valley 19 independent RIAs, $5.4 billion
Calabasas 12 independent RIAs, $5.0 billion
Los Altos 22 independent RIAs, $4.9 billion
Berkeley 14 independent RIAs, $4.5 billion
Danville 27 independent RIAs, $4.2 billion
El Dorado Hills 16 independent RIAs, $4.2 billion
San Mateo 35 independent RIAs, $4.1 billion
Sacramento 39 independent RIAs, $3.9 billion
Thousand Oaks 28 independent RIAs, $3.9 billion
Orinda 13 independent RIAs, $3.9 billion
Costa Mesa 11 independent RIAs, $3.9 billion
Lafayette 18 independent RIAs, $3.6 billion
San Luis Obispo 21 independent RIAs, $3.5 billion
Mission Viejo 17 independent RIAs, $3.3 billion
Fresno 21 independent RIAs, $3.2 billion
Alamo 7 independent RIAs, $3.1 billion
Pleasanton 19 independent RIAs, $3.0 billion
Mountain View 13 independent RIAs, $3.0 billion
Woodland Hills 18 independent RIAs, $2.9 billion
Saratoga 7 independent RIAs, $2.9 billion
Santa Rosa 23 independent RIAs, $2.7 billion
Del Mar 12 independent RIAs, $2.7 billion
Cupertino 14 independent RIAs, $2.6 billion
Palm Desert 11 independent RIAs, $2.6 billion
Simi Valley 13 independent RIAs, $2.5 billion
Claremont 5 independent RIAs, $2.5 billion
Petaluma 16 independent RIAs, $2.3 billion
Huntington Beach 26 independent RIAs, $2.3 billion
Redlands 11 independent RIAs, $2.3 billion
Granite Bay 10 independent RIAs, $2.3 billion
Rancho Santa Fe 10 independent RIAs, $2.2 billion
Windsor 5 independent RIAs, $2.1 billion
Encino 12 independent RIAs, $2.1 billion
Ontario 7 independent RIAs, $2.1 billion
Anaheim 9 independent RIAs, $2.0 billion
Roseville 25 independent RIAs, $2.0 billion
Solana Beach 7 independent RIAs, $1.9 billion
San Clemente 13 independent RIAs, $1.9 billion
Tustin 15 independent RIAs, $1.9 billion
Burbank 12 independent RIAs, $1.8 billion
Rocklin 8 independent RIAs, $1.8 billion
Bakersfield 13 independent RIAs, $1.8 billion
Napa 12 independent RIAs, $1.8 billion
Valencia 11 independent RIAs, $1.7 billion
Modesto 6 independent RIAs, $1.6 billion
Fremont 14 independent RIAs, $1.6 billion
Burlingame 9 independent RIAs, $1.6 billion
Sausalito 13 independent RIAs, $1.6 billion
Corona 10 independent RIAs, $1.6 billion
Carmel 14 independent RIAs, $1.6 billion
Encinitas 19 independent RIAs, $1.6 billion
Lodi 5 independent RIAs, $1.5 billion
Redwood City 11 independent RIAs, $1.5 billion
Glendale 15 independent RIAs, $1.4 billion
Orange 12 independent RIAs, $1.4 billion
Sherman Oaks 10 independent RIAs, $1.4 billion
Larkspur 9 independent RIAs, $1.3 billion
Chico 7 independent RIAs, $1.2 billion
Sonoma 8 independent RIAs, $1.2 billion
Corte Madera 6 independent RIAs, $1.2 billion
Novato 10 independent RIAs, $1.2 billion
Tiburon 11 independent RIAs, $1.1 billion
Monterey 12 independent RIAs, $1.1 billion
Santa Cruz 7 independent RIAs, $1.0 billion
Aliso Viejo 9 independent RIAs, $1.0 billion
Concord 7 independent RIAs, $990.2 million
Brea 12 independent RIAs, $985.8 million
Seal Beach 7 independent RIAs, $972.8 million
Coronado 6 independent RIAs, $950.3 million
Temecula 15 independent RIAs, $910.3 million
Camarillo 10 independent RIAs, $903.5 million
Marina del Rey 7 independent RIAs, $890.0 million
San Juan Capistrano 10 independent RIAs, $844.7 million
Studio City 6 independent RIAs, $840.0 million
Redding 9 independent RIAs, $795.2 million
Campbell 11 independent RIAs, $768.8 million
Laguna Hills 12 independent RIAs, $720.6 million
Lake Forest 6 independent RIAs, $713.9 million
Stockton 9 independent RIAs, $699.9 million
Ventura 14 independent RIAs, $620.2 million
Atascadero 6 independent RIAs, $610.4 million
Redondo Beach 10 independent RIAs, $609.7 million
Dana Point 5 independent RIAs, $587.8 million
La Mesa 7 independent RIAs, $572.7 million
Santa Ana 16 independent RIAs, $555.5 million
Alameda 9 independent RIAs, $540.5 million
Riverside 6 independent RIAs, $512.3 million
Davis 7 independent RIAs, $482.0 million
Escondido 14 independent RIAs, $481.5 million
Laguna Niguel 10 independent RIAs, $476.0 million
Hermosa Beach 14 independent RIAs, $462.9 million
Auburn 5 independent RIAs, $334.3 million
Rancho Palos Verdes 6 independent RIAs, $323.6 million
Laguna Beach 8 independent RIAs, $313.6 million
Moraga 6 independent RIAs, $282.5 million
Culver City 6 independent RIAs, $282.5 million
Pleasant Hill 5 independent RIAs, $278.5 million
Yorba Linda 5 independent RIAs, $251.9 million
Murrieta 12 independent RIAs, $247.1 million
Elk Grove 7 independent RIAs, $238.6 million
Moorpark 7 independent RIAs, $212.7 million
Clovis 5 independent RIAs, $212.5 million
Rolling Hills Estates 6 independent RIAs, $209.1 million
Sunnyvale 5 independent RIAs, $206.2 million
Fallbrook 7 independent RIAs, $191.3 million
El Cerrito 5 independent RIAs, $168.7 million
Rancho Cucamonga 6 independent RIAs, $156.0 million
Arcadia 7 independent RIAs, $150.7 million
Diamond Bar 5 independent RIAs, $149.2 million
Ladera Ranch 5 independent RIAs, $130.3 million
Visalia 5 independent RIAs, $113.1 million
Dublin 8 independent RIAs, $112.3 million
Venice 7 independent RIAs, $108.6 million
Cameron Park 5 independent RIAs, $98.0 million
Agoura Hills 6 independent RIAs, $69.0 million
San Marcos 7 independent RIAs, $44.9 million
Oceanside 7 independent RIAs, $40.0 million
Newbury Park 5 independent RIAs, $39.5 million
Vista 6 independent RIAs, $30.5 million
Chula Vista 6 independent RIAs, $12.9 million

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.