State market data

Wealth management firms in Colorado

As of October 2, 2026, 760 wealth management firms, including broker-dealer firms, based in Colorado reported $435.1 billion in regulatory assets under management; the largest by assets was Empower Advisory Group, LLC, with $195.4 billion.

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

Wealth management firms: 760
SEC-registered: 263
State-registered: 497
Regulatory assets under management: $435.1 billion
Client accounts: 758,040
Median firm size: $65.4 million
Of which broker-dealer affiliated: 14, with $15.1 billion

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

Top firms in Colorado

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

Largest wealth firms by assets under management, including broker-dealer firms in Colorado, top 10
Rank	Firm	City	RAUM
1	Empower Advisory Group, LLC	Greenwood Village	$195.4 billion
2	Mercer Global Advisors Inc.	Denver	$84.4 billion
3	Geneos Wealth 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.	Englewood	$9.2 billion
4	Elevation Point Wealth Partners, LLC	Denver	$8.3 billion
5	Aspen Grove Capital, LLC	Avon	$6.7 billion
6	Western Wealth Management LLC	Golden	$5.4 billion
7	JFG Family Office	Denver	$4.5 billion
8	Bok Financial Private Wealth, 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.	Denver	$3.7 billion
9	GHP Investment Advisors Inc	Denver	$3.1 billion
10	Obermeyer Wealth Partners	Aspen	$3.0 billion

Top 100 in Colorado

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

Fastest-growing wealth firms over one year, including broker-dealer firms in Colorado, top 10
Rank	Firm	City	Growth	Starting value
1	Elevation Point Wealth Partners, LLC	Denver	240.5%	$2.4 billion
2	Buck Wealth Strategies, LLC	Denver	190.6%	$565.4 million
3	Integrity Investment Advisors	Fort Collins	134.7%	$168.0 million
4	BXM Wealth LLC	Englewood	115.0%	$107.6 million
5	Tandem Financial, LLC	Greenwood Village	86.1%	$291.2 million
6	Heirloom Wealth Management LLC	Greenwood Village	80.5%	$614.1 million
7	Uniting Wealth Partners	Denver	71.6%	$544.7 million
8	Summit Wealth Group	Colorado Springs	70.3%	$1.4 billion
9	Peak Investment Advisors, Inc.	Colorado Springs	68.1%	$139.6 million
10	Owl Creek Wealth Partners	Greenwood Village	65.9%	$363.0 million

Top 100 in Colorado

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

Fastest-growing wealth firms over three years, including broker-dealer firms in Colorado, top 10
Rank	Firm	City	Growth	Starting value
1	Maia Wealth	Denver	65.8%	$213.5 million
2	Elevation Point Wealth Partners, LLC	Denver	64.5%	$1.9 billion
3	Keystone Global Partners LLC	Denver	54.7%	$156.8 million
4	Integrity Investment Advisors	Fort Collins	46.7%	$124.8 million
5	Heirloom Wealth Management LLC	Greenwood Village	46.5%	$352.8 million
6	Peak Planning Group, LLC	Centennial	45.5%	$230.4 million
7	Varra Financial	Louisville	41.9%	$106.9 million
8	Jim Saulnier & Associates, LLC	Fort Collins	39.4%	$105.7 million
9	Wealth Watch Advisors, Inc	Englewood	37.8%	$234.2 million
10	Focused Alpha, LLC	Greenwood Village	37.1%	$257.5 million

Top 100 in Colorado

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

Fastest-growing wealth firms over five years, including broker-dealer firms in Colorado, top 10
Rank	Firm	City	Growth	Starting value
1	Maia Wealth	Denver	54.8%	$109.5 million
2	Elevation Point Wealth Partners, LLC	Denver	39.0%	$1.6 billion
3	Keystone Global Partners LLC	Denver	37.4%	$118.4 million
4	Heirloom Wealth Management LLC	Greenwood Village	35.5%	$242.5 million
5	Mercer Global Advisors Inc.	Denver	33.5%	$19.9 billion
6	Investment Management Associates	Greenwood Village	30.6%	$212.9 million
7	Wealth Watch Advisors, Inc	Englewood	28.2%	$177.0 million
8	Edgerock Wealth Management	Denver	28.0%	$168.8 million
9	Clear Creek Advisors	Denver	27.9%	$211.4 million
10	JFG Family Office	Denver	27.6%	$1.3 billion

Top 100 in Colorado

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 Colorado, top 10
Rank	Firm	City	Increase
1	Empower Advisory Group, LLC	Greenwood Village	$36.3 billion
2	Mercer Global Advisors Inc.	Denver	$24.1 billion
3	Elevation Point Wealth Partners, LLC	Denver	$5.9 billion
4	Geneos Wealth 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.	Englewood	$3.6 billion
5	JFG Family Office	Denver	$1.8 billion
6	Western Wealth Management LLC	Golden	$1.4 billion
7	Buck Wealth Strategies, LLC	Denver	$1.1 billion
8	Crusonia Wealth Advisors LLC	Denver	$1.0 billion
9	Summit Wealth Group	Colorado Springs	$952.3 million
10	Aspen Grove Capital, LLC	Avon	$868.4 million

Top 100 in Colorado

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

Wealth firms with the most clients, including broker-dealer firms in Colorado, top 10
Rank	Firm	City	Most clients
1	Empower Advisory Group, LLC	Greenwood Village	297,098
2	Mercer Global Advisors Inc.	Denver	36,259
3	Geneos Wealth 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.	Englewood	21,807
4	Western Wealth Management LLC	Golden	11,292
5	Elevation Point Wealth Partners, LLC	Denver	4,936
6	Wealth Watch Advisors, Inc	Englewood	3,587
7	Summit Wealth Group	Colorado Springs	3,117
8	Tucker Asset Management LLC	Littleton	2,960
9	Buck Wealth Strategies, LLC	Denver	2,948
10	First Affirmative Financial Network LLC	Colorado Springs	2,335

Top 100 in Colorado

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 Colorado, top 10
Rank	Firm	City	Growth	Starting value
1	Elevation Point Wealth Partners, LLC	Denver	194.3%	1,677
2	Hoffmann Hermanson	Denver	172.6%	146
3	Whipplewood Advisors, LLC	Littleton	154.7%	148
4	Infinium Investment Advisors, LLC	Denver	100.0%	114
5	Rigden Capital Strategies	Englewood	83.4%	205
6	Uniting Wealth Partners	Denver	62.0%	527
7	Legacy Wealth Partners, LLC	Lakewood	57.0%	697
8	Geneos Wealth 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.	Englewood	53.0%	14,252
9	Tier One Wealth Management	Lone Tree	48.6%	148
10	Tandem Financial, LLC	Greenwood Village	46.5%	312

Top 100 in Colorado

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

Wealth firms with the most accounts, including broker-dealer firms in Colorado, top 10
Rank	Firm	City	Most accounts
1	Empower Advisory Group, LLC	Greenwood Village	297,074
2	Mercer Global Advisors Inc.	Denver	116,310
3	Geneos Wealth 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.	Englewood	33,378
4	Elevation Point Wealth Partners, LLC	Denver	19,386
5	Western Wealth Management LLC	Golden	19,273
6	Summit Wealth Group	Colorado Springs	8,632
7	Maia Wealth	Denver	5,265
8	Buck Wealth Strategies, LLC	Denver	5,193
9	GHP Investment Advisors Inc	Denver	4,560
10	BSW Wealth Partners	Boulder	3,876

Top 100 in Colorado

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

Wealth firms with the most advisory staff, including broker-dealer firms in Colorado, top 10
Rank	Firm	City	Most advisory staff
1	Empower Advisory Group, LLC	Greenwood Village	6,138
2	Mercer Global Advisors Inc.	Denver	632
3	Geneos Wealth 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.	Englewood	200
4	Western Wealth Management LLC	Golden	95
5	Tucker Asset Management LLC	Littleton	69
6	Elevation Point Wealth Partners, LLC	Denver	54
7	Wealth Watch Advisors, Inc	Englewood	52
8	Buck Wealth Strategies, LLC	Denver	39
9	Maia Wealth	Denver	36
10	JFG Family Office	Denver	35

Top 100 in Colorado

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 Colorado, top 10
Rank	Firm	City	Most high net worth clients
1	Empower Advisory Group, LLC	Greenwood Village	20,524
2	Mercer Global Advisors Inc.	Denver	18,398
3	Western Wealth Management LLC	Golden	3,272
4	Elevation Point Wealth Partners, LLC	Denver	1,599
5	First Affirmative Financial Network LLC	Colorado Springs	1,280
6	Uniting Wealth Partners	Denver	651
7	Geneos Wealth 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.	Englewood	618
8	GHP Investment Advisors Inc	Denver	605
9	Summit Wealth Group	Colorado Springs	584
10	Gainline Financial Partners, LLC	Louisville	581

Top 100 in Colorado

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

Wealth firms with the most CFP professionals, including broker-dealer firms in Colorado, top 10
Rank	Firm	City	Most CFP professionals
1	Mercer Global Advisors Inc.	Denver	470
2	Empower Advisory Group, LLC	Greenwood Village	120
3	Geneos Wealth 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.	Englewood	47
4	Western Wealth Management LLC	Golden	26
5	Q3 Advisors, LLC	Arvada	22
5	Summit Wealth Group	Colorado Springs	22
7	Crusonia Wealth Advisors LLC	Denver	14
8	Elevation Point Wealth Partners, LLC	Denver	12
8	Maia Wealth	Denver	12
10	BSW Wealth Partners	Boulder	10

Top 100 in Colorado

Newest wealth firms, including broker-dealer firms

Newest wealth firms, including broker-dealer firms in Colorado, top 10
Rank	Firm	City	Amount
1	Exceptional Wealth & Family Office	Colorado Springs	$292.2 million
2	WMK Investment Partners	Denver	$211.0 million
3	Quantitative Financial Strategies	Denver	$156.2 million
4	Horizon Wealth	Denver	$147.2 million
5	Trailwise Financial Partners, LLC	Golden	$144.8 million
6	Pulliam Family Office, LLC	Crested Butte	$141.7 million
7	Dorato Capital Management	Denver	$138.7 million
8	White Hawk Wealth Management	Broomfield	$131.2 million
9	Agemy Wealth Advisors, LLC	Denver	$130.5 million
10	Pearl Wealth LLC	Boulder	$129.9 million

Top 100 in Colorado

Over time

From the SEC's yearly files: SEC-registered wealth firms based in Colorado, 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	142
October 1, 2019	156
October 1, 2020	167
October 4, 2021	180
October 3, 2022	201
October 5, 2023	205
October 1, 2024	215
September 2, 2025	216
October 2, 2026	263

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	$68.4 billion
October 1, 2019	$80.6 billion
October 1, 2020	$79.9 billion
October 4, 2021	$94.6 billion
October 3, 2022	$234.8 billion
October 5, 2023	$267.0 billion
October 1, 2024	$286.9 billion
September 2, 2025	$339.6 billion
October 2, 2026	$422.5 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	192,516
October 1, 2019	234,256
October 1, 2020	186,400
October 4, 2021	211,954
October 3, 2022	453,355
October 5, 2023	630,127
October 1, 2024	517,711
September 2, 2025	608,874
October 2, 2026	714,168

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	$207.9 million
October 1, 2019	$205.3 million
October 1, 2020	$217.8 million
October 4, 2021	$219.4 million
October 3, 2022	$250.3 million
October 5, 2023	$233.1 million
October 1, 2024	$249.7 million
September 2, 2025	$280.0 million
October 2, 2026	$237.3 million

The market in Colorado now

Headline figures

Headline figures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms	760	263	497
Regulatory assets under management	$435.1 billion	$422.5 billion	$12.6 billion
Accounts	758,040	714,168	43,872
Clients	492,612	465,215	27,397
Employees	12,825	12,000	825
Advisory employees	9,195	8,515	680
Investment adviser representatives	5,242	4,569	673
Median RAUM	$65.4 million	$237.3 million	$20.5 million
Average RAUM	$668.4 million	$1.6 billion	$32.0 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	390	9	381
RAUM of firms under $100 million	$11.8 billion	$533.3 million	$11.3 billion
Firms $100 million to $250 million	134	122	12
RAUM of firms $100 million to $250 million	$20.9 billion	$19.6 billion	$1.3 billion
Firms $250 million to $500 million	52	52	0
RAUM of firms $250 million to $500 million	$17.6 billion	$17.6 billion	$0
Firms $500 million to $1 billion	45	45	0
RAUM of firms $500 million to $1 billion	$31.3 billion	$31.3 billion	$0
Firms $1 billion to $5 billion	24	24	0
RAUM of firms $1 billion to $5 billion	$44.2 billion	$44.2 billion	$0
Firms $5 billion to $10 billion	4	4	0
RAUM of firms $5 billion to $10 billion	$29.5 billion	$29.5 billion	$0
Firms $10 billion and up	2	2	0
RAUM of firms $10 billion and up	$279.8 billion	$279.8 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		74.4%
Top 100 share of RAUM		90.7%

Concentration, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Top 10 share of RAUM	74.4%	76.6%	8.6%
Top 100 share of RAUM	90.7%	93.4%	63.2%

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		91.1%
Charge hourly fees		49.7%
Charge subscription fees		0.8%
Charge fixed fees		62.5%
Receive commissions		2.5%
Charge performance-based fees		3.3%
Other compensation		5.7%

How advisers are paid, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Charge a percentage of assets	91.1%	96.6%	88.1%
Charge hourly fees	49.7%	51.7%	48.7%
Charge subscription fees	0.8%	1.1%	0.6%
Charge fixed fees	62.5%	72.6%	57.1%
Receive commissions	2.5%	1.5%	3.0%
Charge performance-based fees	3.3%	4.9%	2.4%
Other compensation	5.7%	6.1%	5.4%

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	23.0%	55.5%	5.8%

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	2.0%	3.8%	1.0%

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	92	35	57
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	651	258	393
Discretionary RAUM	$387.7 billion	$376.4 billion	$11.3 billion
CFP professionals	1,331	1,147	184
25th percentile RAUM	$14.8 million	$151.3 million	$6.3 million
75th percentile RAUM	$181.9 million	$580.1 million	$52.1 million
90th percentile RAUM	$578.9 million	$1.1 billion	$86.5 million
Average account size	$574,023	$591,655	$286,997
Offer financial planning	80.3%	88.6%	75.9%
RAUM growth, one year	No data	24.4%	No data

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

Cities

Greenwood Village 42 independent RIAs, $207.8 billion
Denver 151 independent RIAs, $133.1 billion
Colorado Springs 65 independent RIAs, $11.5 billion
Boulder 41 independent RIAs, $8.7 billion
Golden 8 independent RIAs, $6.2 billion
Aspen 6 independent RIAs, $5.2 billion
Lakewood 15 independent RIAs, $4.2 billion
Fort Collins 36 independent RIAs, $3.5 billion
Centennial 26 independent RIAs, $3.4 billion
Englewood 20 independent RIAs, $3.3 billion
Highlands Ranch 24 independent RIAs, $3.3 billion
Westminster 9 independent RIAs, $2.9 billion
Littleton 28 independent RIAs, $2.8 billion
Louisville 12 independent RIAs, $2.1 billion
Lone Tree 11 independent RIAs, $1.6 billion
Durango 11 independent RIAs, $1.4 billion
Loveland 10 independent RIAs, $1.1 billion
Montrose 7 independent RIAs, $851.7 million
Castle Rock 13 independent RIAs, $835.2 million
Grand Junction 6 independent RIAs, $714.0 million
Broomfield 15 independent RIAs, $703.1 million
Steamboat Springs 7 independent RIAs, $611.8 million
Arvada 10 independent RIAs, $387.8 million
Parker 16 independent RIAs, $379.0 million
Crested Butte 5 independent RIAs, $351.5 million
Longmont 12 independent RIAs, $332.4 million
Aurora 10 independent RIAs, $313.3 million
Monument 8 independent RIAs, $240.6 million
Castle Pines 7 independent RIAs, $215.5 million
Erie 7 independent RIAs, $179.2 million
Thornton 5 independent RIAs, $73.9 million
Lafayette 6 independent RIAs, $35.7 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.