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Independent RIAs in Connecticut

As of October 2, 2026, 406 independent wealth management RIAs based in Connecticut reported $163.8 billion in regulatory assets under management; the largest by assets was New Edge Wealth, with $19.9 billion.

Include wirehouses and broker-dealer firms

Independent wealth management RIAs
406
SEC-registered
161
State-registered
245
Regulatory assets under management
$163.8 billion
Client accounts
221,537
Median firm size
$63.6 million
Broker-dealer affiliated firms, not included
18, with $52.2 billion

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

Top firms in Connecticut

Largest independent RIAs by assets under management

Rank Firm City RAUM
1 New Edge Wealth Stamford $19.9 billion
2 Apella Wealth West Hartford $11.1 billion
3 Bradley Foster & Sargent Inc Hartford $9.1 billion
4 Chilton Investment Services, LLC Stamford $8.2 billion
5 Coastal Bridge Advisors Westport $5.0 billion
6 Northcoast Asset Management LLC Stamford $5.0 billion
7 Connecticut Wealth Management, LLC Farmington $4.5 billion
8 Essex Financial Services, Inc. Essex $4.2 billion
9 Greenwich Wealth Management, LLC Greenwich $3.5 billion
10 Colter Lewis Investment Partners, LLC Greenwich $3.4 billion

Top 100 in Connecticut

Fastest-growing independent RIAs over one year

Rank Firm City Growth Starting value
1 Fcig Wealth Management, LLC Plainfield 163.2% $107.3 million
2 Apella Wealth West Hartford 134.7% $4.7 billion
3 Greenwich Advisors, LLC Greenwich 80.1% $162.8 million
4 New Edge Wealth Stamford 65.2% $12.1 billion
5 Snowwater Investment Partners, LLC Fairfield 63.5% $795.0 million
6 Wmgna Farmington 59.6% $217.1 million
7 Gilman Hill Asset Management, LLC New Canaan 58.9% $782.9 million
8 Missionpoint Partners LLC Not reported 54.8% $250.0 million
9 William Joseph Capital Management, Inc. Bristol 49.3% $465.1 million
10 Fiscal Wisdom Wealth Management LLC Canton 48.6% $259.8 million

Top 100 in Connecticut

Fastest-growing independent RIAs over three years

Rank Firm City Growth Starting value
1 Apella Wealth West Hartford 64.7% $2.5 billion
2 William Joseph Capital Management, Inc. Bristol 51.1% $201.3 million
3 New Edge Wealth Stamford 42.3% $6.9 billion
4 Milestone Asset Management Group, LLC Avon 39.4% $114.0 million
5 Trivium Point Advisory, LLC Wilton 38.4% $613.6 million
6 Johnson Brunetti Wethersfield 33.0% $1.2 billion
7 Colter Lewis Investment Partners, LLC Greenwich 32.3% $1.5 billion
8 Oakridge Management Group LLC Stamford 31.8% $597.7 million
9 Moneco Advisors Fairfield 30.2% $1.0 billion
10 Connecticut Wealth Management, LLC Farmington 28.0% $2.1 billion

Top 100 in Connecticut

Fastest-growing independent RIAs over five years

Rank Firm City Growth Starting value
1 New Edge Wealth Stamford 48.2% $2.8 billion
2 Apella Wealth West Hartford 46.1% $1.7 billion
3 William Joseph Capital Management, Inc. Bristol 43.5% $114.2 million
4 Basso Capital Management, L.P. Stamford 33.3% $608.2 million
5 Colter Lewis Investment Partners, LLC Greenwich 32.5% $835.2 million
6 Snowwater Investment Partners, LLC Fairfield 31.3% $332.7 million
7 Moneco Advisors Fairfield 30.2% $608.7 million
8 Fiscal Wisdom Wealth Management LLC Canton 28.8% $108.9 million
9 Round Rock Advisors LLC Wilton 28.3% $261.1 million
10 Johnson Brunetti Wethersfield 25.4% $896.7 million

Top 100 in Connecticut

Independent RIAs with the biggest asset gains over one year

Rank Firm City Increase
1 New Edge Wealth Stamford $7.9 billion
2 Apella Wealth West Hartford $6.4 billion
3 Chilton Investment Services, LLC Stamford $1.3 billion
4 Third View Private Wealth Westport $1.2 billion
5 Colter Lewis Investment Partners, LLC Greenwich $1.1 billion
6 Greenwich Wealth Management, LLC Greenwich $808.0 million
7 Connecticut Wealth Management, LLC Farmington $768.8 million
8 Johnson Brunetti Wethersfield $678.6 million
9 Rossmore Private Capital, LLC Glastonbury $607.5 million
10 Principle Wealth Madison $545.7 million

Top 100 in Connecticut

Independent RIAs with the most clients

Rank Firm City Most clients
1 Apella Wealth West Hartford 8,503
2 Johnson Brunetti Wethersfield 6,044
3 Plootus New Haven 5,500
4 Northcoast Asset Management LLC Stamford 4,486
5 New Edge Wealth Stamford 3,729
6 Essex Financial Services, Inc. Essex 2,964
7 Moneco Advisors Fairfield 2,835
8 Fiscal Wisdom Wealth Management LLC Canton 2,828
9 Medallion Wealth Advisors, LLC Farmington 2,484
10 New England Capital Financial Advisors LLC Cheshire 2,424

Top 100 in Connecticut

Independent RIAs with the fastest client growth over one year

Rank Firm City Growth Starting value
1 The Dowling Group Wealth Management Greenwich 222.5% 102
2 Fcig Wealth Management, LLC Plainfield 167.7% 167
3 Apella Wealth West Hartford 113.9% 3,976
4 Medallion Wealth Advisors, LLC Farmington 66.4% 1,493
5 William Joseph Capital Management, Inc. Bristol 60.2% 1,173
6 The Herbst Group, LLC Westport 41.8% 134
7 Constitution Investment Advisory and Portfolio Management Shelton 38.5% 130
8 New Edge Wealth Stamford 32.3% 2,818
9 Greenwich Wealth Management, LLC Greenwich 27.3% 491
10 Coastal Bridge Advisors Westport 26.1% 1,584

Top 100 in Connecticut

Independent RIAs with the most accounts

Rank Firm City Most accounts
1 Apella Wealth West Hartford 24,058
2 New Edge Wealth Stamford 19,593
3 Johnson Brunetti Wethersfield 14,540
4 Coastal Bridge Advisors Westport 11,505
5 Essex Financial Services, Inc. Essex 7,143
6 Northcoast Asset Management LLC Stamford 7,122
7 Moneco Advisors Fairfield 6,443
8 Connecticut Wealth Management, LLC Farmington 5,287
9 Bradley Foster & Sargent Inc Hartford 4,971
10 Adviceone Advisory Services, LLC Glastonbury 4,781

Top 100 in Connecticut

Independent RIAs with the most advisory staff

Rank Firm City Most advisory staff
1 New Edge Wealth Stamford 99
2 Apella Wealth West Hartford 88
3 Connecticut Wealth Management, LLC Farmington 46
4 Moneco Advisors Fairfield 44
5 Essex Financial Services, Inc. Essex 42
6 Johnson Brunetti Wethersfield 36
7 Bradley Foster & Sargent Inc Hartford 32
8 Northcoast Asset Management LLC Stamford 28
9 William Joseph Capital Management, Inc. Bristol 27
10 Coastal Bridge Advisors Westport 25

Top 100 in Connecticut

Independent RIAs with the most high net worth clients

Rank Firm City Most high net worth clients
1 Apella Wealth West Hartford 3,591
2 New Edge Wealth Stamford 1,557
3 Northcoast Asset Management LLC Stamford 1,209
4 Bradley Foster & Sargent Inc Hartford 1,013
5 Essex Financial Services, Inc. Essex 895
6 Connecticut Wealth Management, LLC Farmington 830
7 Main Street Research LLC Lakeville 815
8 Adviceone Advisory Services, LLC Glastonbury 783
9 Moneco Advisors Fairfield 762
10 Johnson Brunetti Wethersfield 724

Top 100 in Connecticut

Independent RIAs with the most CFP professionals

Rank Firm City Most CFP professionals
1 Apella Wealth West Hartford 62
2 Connecticut Wealth Management, LLC Farmington 26
3 Moneco Advisors Fairfield 22
4 Coastal Bridge Advisors Westport 13
5 New Edge Wealth Stamford 12
6 Essex Financial Services, Inc. Essex 11
7 Principle Wealth Madison 8
8 Adviceone Advisory Services, LLC Glastonbury 7
8 Sovereign Financial Group, Inc. Stamford 7
10 Fierston Financial Group Inc West Hartford 6

Top 100 in Connecticut

Newest independent RIAs

Rank Firm City Amount
1 N10° Wealth Greenwich $553.1 million
2 August Wealth Advisors LLC Westport $436.6 million
3 N10° Assets Greenwich $306.9 million
4 JC Capital Advisors Group LLC Stamford $263.0 million
5 Wax Asset Management LLC Madison $181.2 million
6 Quorus Inc. Westport $148.2 million
7 Telos Partners LLC Avon $139.5 million
8 Tumolo Wealth Management LLC East Lyme $134.0 million
9 Pasnau Investment Management, Inc. New Milford $128.8 million
10 Catum Advisory Group, LLC. Wilton $128.6 million

Top 100 in Connecticut

Over time

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

FirmsSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
050100150200201820202021202320242026161October 1, 2018: 107October 1, 2019: 104October 1, 2020: 106October 4, 2021: 110October 3, 2022: 121October 5, 2023: 119October 1, 2024: 125September 2, 2025: 135October 2, 2026: 161
Data table
As ofFirms
October 1, 2018107
October 1, 2019104
October 1, 2020106
October 4, 2021110
October 3, 2022121
October 5, 2023119
October 1, 2024125
September 2, 2025135
October 2, 2026161
Regulatory assets under managementSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
$0$50B$100B$150B$200B201820202021202320242026$158BOctober 1, 2018: $48.5 billionOctober 1, 2019: $47.9 billionOctober 1, 2020: $55.5 billionOctober 4, 2021: $64.7 billionOctober 3, 2022: $86.9 billionOctober 5, 2023: $82.6 billionOctober 1, 2024: $105.5 billionSeptember 2, 2025: $120.5 billionOctober 2, 2026: $158.2 billion
Data table
As ofRegulatory assets under management
October 1, 2018$48.5 billion
October 1, 2019$47.9 billion
October 1, 2020$55.5 billion
October 4, 2021$64.7 billion
October 3, 2022$86.9 billion
October 5, 2023$82.6 billion
October 1, 2024$105.5 billion
September 2, 2025$120.5 billion
October 2, 2026$158.2 billion
Client accountsSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
0100K200K300K201820202021202320242026208KOctober 1, 2018: 100,042October 1, 2019: 96,751October 1, 2020: 103,491October 4, 2021: 96,691October 3, 2022: 121,234October 5, 2023: 126,396October 1, 2024: 150,088September 2, 2025: 171,326October 2, 2026: 208,046
Data table
As ofClient accounts
October 1, 2018100,042
October 1, 201996,751
October 1, 2020103,491
October 4, 202196,691
October 3, 2022121,234
October 5, 2023126,396
October 1, 2024150,088
September 2, 2025171,326
October 2, 2026208,046
Median firm size (RAUM)SEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
$0$200M$400M$600M201820202021202320242026$387MOctober 1, 2018: $275.7 millionOctober 1, 2019: $285.2 millionOctober 1, 2020: $298.9 millionOctober 4, 2021: $352.1 millionOctober 3, 2022: $401.8 millionOctober 5, 2023: $345.8 millionOctober 1, 2024: $383.9 millionSeptember 2, 2025: $426.6 millionOctober 2, 2026: $386.9 million
Data table
As ofMedian firm size (RAUM)
October 1, 2018$275.7 million
October 1, 2019$285.2 million
October 1, 2020$298.9 million
October 4, 2021$352.1 million
October 3, 2022$401.8 million
October 5, 2023$345.8 million
October 1, 2024$383.9 million
September 2, 2025$426.6 million
October 2, 2026$386.9 million

The market in Connecticut now

Headline figures

MeasureIndependent RIAsSEC-registeredState-registered
Firms406161245
Regulatory assets under management$163.8 billion$158.2 billion$5.7 billion
Accounts221,537208,04613,491
Clients101,34091,01310,327
Employees2,3281,961367
Advisory employees1,4671,152315
Investment adviser representatives1,4701,154316
Median RAUM$63.6 million$386.9 million$19.4 million
Average RAUM$469.5 million$1.0 billion$29.3 million

Firms by size

Advisers grouped by regulatory assets under management.

MeasureIndependent RIAsSEC-registeredState-registered
Firms under $100 million1933190
RAUM of firms under $100 million$5.2 billion$42.0 million$5.2 billion
Firms $100 million to $250 million56524
RAUM of firms $100 million to $250 million$9.0 billion$8.5 billion$477.6 million
Firms $250 million to $500 million38380
RAUM of firms $250 million to $500 million$13.8 billion$13.8 billion$0
Firms $500 million to $1 billion26260
RAUM of firms $500 million to $1 billion$17.3 billion$17.3 billion$0
Firms $1 billion to $5 billion31310
RAUM of firms $1 billion to $5 billion$65.3 billion$65.3 billion$0
Firms $5 billion to $10 billion330
RAUM of firms $5 billion to $10 billion$22.2 billion$22.2 billion$0
Firms $10 billion and up220
RAUM of firms $10 billion and up$31.0 billion$31.0 billion$0

Concentration

How much of the market the largest advisers hold.

Concentration: independent RIAsAs of October 2, 2026.
Top 10 share of RAUM 45.0%
Top 100 share of RAUM 91.3%
MeasureIndependent RIAsSEC-registeredState-registered
Top 10 share of RAUM45.0%46.6%18.2%
Top 100 share of RAUM91.3%94.6%86.8%

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: independent RIAsAs of October 2, 2026.
Charge a percentage of assets 92.4%
Charge hourly fees 45.8%
Charge subscription fees 1.0%
Charge fixed fees 53.9%
Receive commissions 1.2%
Charge performance-based fees 13.3%
Other compensation 9.1%
MeasureIndependent RIAsSEC-registeredState-registered
Charge a percentage of assets92.4%97.5%89.0%
Charge hourly fees45.8%42.9%47.8%
Charge subscription fees1.0%1.2%0.8%
Charge fixed fees53.9%62.1%48.6%
Receive commissions1.2%1.2%1.2%
Charge performance-based fees13.3%11.2%14.7%
Other compensation9.1%8.7%9.4%

Custody

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

MeasureIndependent RIAsSEC-registeredState-registered
Have custody26.4%51.6%9.8%

Broker-dealer and other affiliations

From Form ADV Items 6 and 7.

MeasureIndependent RIAsSEC-registeredState-registered
Broker-dealer affiliated1.7%3.7%0.4%

New firms and successions

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

MeasureIndependent RIAsSEC-registeredState-registered
New registrations512031
SuccessionsNo data0No data

Other measures

MeasureIndependent RIAsSEC-registeredState-registered
Firms reporting RAUM349155194
Discretionary RAUM$145.8 billion$140.8 billion$5.0 billion
CFP professionals39532867
25th percentile RAUM$15.2 million$192.1 million$8.2 million
75th percentile RAUM$309.0 million$913.5 million$45.6 million
90th percentile RAUM$1.0 billion$2.3 billion$65.3 million
Average account size$739,584$760,241$421,035
Offer financial planning68.7%73.3%65.7%
RAUM growth, one yearNo data31.2%No data

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

Cities

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.