State market data

Wealth management firms in Connecticut

As of October 2, 2026, 424 wealth management firms, including broker-dealer firms, based in Connecticut reported $216.0 billion in regulatory assets under management; the largest by assets was Steward Partners Investment Advisory, LLC, with $36.7 billion.

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

Wealth management firms: 424
SEC-registered: 171
State-registered: 253
Regulatory assets under management: $216.0 billion
Client accounts: 333,812
Median firm size: $65.6 million
Of which broker-dealer affiliated: 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 wealth firms by assets under management, including broker-dealer firms

Largest wealth firms by assets under management, including broker-dealer firms in Connecticut, top 10
Rank	Firm	City	RAUM
1	Steward Partners Investment Advisory, 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.	Stamford	$36.7 billion
2	New Edge Wealth	Stamford	$19.9 billion
3	Apella Wealth	West Hartford	$11.1 billion
4	Bradley Foster & Sargent Inc	Hartford	$9.1 billion
5	Chilton Investment Services, LLC	Stamford	$8.2 billion
6	Osaic Institutions, 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.	Meriden	$6.5 billion
7	Coastal Bridge Advisors	Westport	$5.0 billion
8	Northcoast Asset Management LLC	Stamford	$5.0 billion
9	Connecticut Wealth Management, LLC	Farmington	$4.5 billion
10	Essex Financial Services, Inc.	Essex	$4.2 billion

Top 100 in Connecticut

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

Fastest-growing wealth firms over one year, including broker-dealer firms in Connecticut, top 10
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	Herbert J. Sims Capital 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.	Fairfield	133.9%	$186.8 million
4	Greenwich Advisors, LLC	Greenwich	80.1%	$162.8 million
5	A.G.P / Alliance Global Partners 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.	Westport	74.3%	$1.7 billion
6	New Edge Wealth	Stamford	65.2%	$12.1 billion
7	Snowwater Investment Partners, LLC	Fairfield	63.5%	$795.0 million
8	Osaic Institutions, 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.	Meriden	61.4%	$4.0 billion
9	Wmgna	Farmington	59.6%	$217.1 million
10	Gilman Hill Asset Management, LLC	New Canaan	58.9%	$782.9 million

Top 100 in Connecticut

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

Fastest-growing wealth firms over three years, including broker-dealer firms in Connecticut, top 10
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	Herbert J. Sims Capital 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.	Fairfield	46.2%	$139.9 million
4	Steward Partners Investment Advisory, 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.	Stamford	44.5%	$12.2 billion
5	New Edge Wealth	Stamford	42.3%	$6.9 billion
6	Milestone Asset Management Group, LLC	Avon	39.4%	$114.0 million
7	Trivium Point Advisory, LLC	Wilton	38.4%	$613.6 million
8	Johnson Brunetti	Wethersfield	33.0%	$1.2 billion
9	Colter Lewis Investment Partners, LLC	Greenwich	32.3%	$1.5 billion
10	Osaic Institutions, 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.	Meriden	32.1%	$2.8 billion

Top 100 in Connecticut

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

Fastest-growing wealth firms over five years, including broker-dealer firms in Connecticut, top 10
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	Steward Partners Investment Advisory, 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.	Stamford	30.2%	$9.8 billion
9	Fiscal Wisdom Wealth Management LLC	Canton	28.8%	$108.9 million
10	Round Rock Advisors LLC	Wilton	28.3%	$261.1 million

Top 100 in Connecticut

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 Connecticut, top 10
Rank	Firm	City	Increase
1	Steward Partners Investment Advisory, 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.	Stamford	$12.0 billion
2	New Edge Wealth	Stamford	$7.9 billion
3	Apella Wealth	West Hartford	$6.4 billion
4	Osaic Institutions, 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.	Meriden	$2.5 billion
5	Chilton Investment Services, LLC	Stamford	$1.3 billion
6	A.G.P / Alliance Global Partners 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.	Westport	$1.3 billion
7	Third View Private Wealth	Westport	$1.2 billion
8	Voya Financial Advisors, 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.	Windsor	$1.1 billion
9	Colter Lewis Investment Partners, LLC	Greenwich	$1.1 billion
10	Greenwich Wealth Management, LLC	Greenwich	$808.0 million

Top 100 in Connecticut

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

Wealth firms with the most clients, including broker-dealer firms in Connecticut, top 10
Rank	Firm	City	Most clients
1	Steward Partners Investment Advisory, 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.	Stamford	52,430
2	Voya Financial Advisors, 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.	Windsor	16,456
3	Osaic Institutions, 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.	Meriden	16,319
4	Apella Wealth	West Hartford	8,503
5	A.G.P / Alliance Global Partners 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.	Westport	7,490
6	Johnson Brunetti	Wethersfield	6,044
7	Plootus	New Haven	5,500
8	Northcoast Asset Management LLC	Stamford	4,486
9	New Edge Wealth	Stamford	3,729
10	Essex Financial Services, Inc.	Essex	2,964

Top 100 in Connecticut

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 Connecticut, top 10
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	Osaic Institutions, 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.	Meriden	125.9%	7,224
4	Apella Wealth	West Hartford	113.9%	3,976
5	Medallion Wealth Advisors, LLC	Farmington	66.4%	1,493
6	William Joseph Capital Management, Inc.	Bristol	60.2%	1,173
7	Herbert J. Sims Capital 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.	Fairfield	58.4%	221
8	The Herbst Group, LLC	Westport	41.8%	134
9	Constitution Investment Advisory and Portfolio Management	Shelton	38.5%	130
10	Voya Financial Advisors, 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.	Windsor	34.6%	12,225

Top 100 in Connecticut

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

Wealth firms with the most accounts, including broker-dealer firms in Connecticut, top 10
Rank	Firm	City	Most accounts
1	Steward Partners Investment Advisory, 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.	Stamford	72,273
2	Apella Wealth	West Hartford	24,058
3	New Edge Wealth	Stamford	19,593
4	Voya Financial Advisors, 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.	Windsor	16,337
5	Johnson Brunetti	Wethersfield	14,540
6	Osaic Institutions, 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.	Meriden	11,892
7	Coastal Bridge Advisors	Westport	11,505
8	A.G.P / Alliance Global Partners 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.	Westport	7,490
9	Essex Financial Services, Inc.	Essex	7,143
10	Northcoast Asset Management LLC	Stamford	7,122

Top 100 in Connecticut

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

Wealth firms with the most advisory staff, including broker-dealer firms in Connecticut, top 10
Rank	Firm	City	Most advisory staff
1	Voya Financial Advisors, 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.	Windsor	638
2	Osaic Institutions, 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.	Meriden	478
3	Steward Partners Investment Advisory, 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.	Stamford	310
4	AQR Flex 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.	Greenwich	291
5	A.G.P / Alliance Global Partners 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.	Westport	144
6	New Edge Wealth	Stamford	99
7	Apella Wealth	West Hartford	88
8	Connecticut Wealth Management, LLC	Farmington	46
9	Moneco Advisors	Fairfield	44
10	Essex Financial Services, Inc.	Essex	42

Top 100 in Connecticut

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 Connecticut, top 10
Rank	Firm	City	Most high net worth clients
1	Steward Partners Investment Advisory, 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.	Stamford	23,474
2	Apella Wealth	West Hartford	3,591
3	Voya Financial Advisors, 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.	Windsor	3,095
4	New Edge Wealth	Stamford	1,557
5	Northcoast Asset Management LLC	Stamford	1,209
6	Bradley Foster & Sargent Inc	Hartford	1,013
7	Essex Financial Services, Inc.	Essex	895
8	Connecticut Wealth Management, LLC	Farmington	830
9	Main Street Research LLC	Lakeville	815
10	Adviceone Advisory Services, LLC	Glastonbury	783

Top 100 in Connecticut

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

Wealth firms with the most CFP professionals, including broker-dealer firms in Connecticut, top 10
Rank	Firm	City	Most CFP professionals
1	Steward Partners Investment Advisory, 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.	Stamford	127
2	Apella Wealth	West Hartford	62
3	Osaic Institutions, 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.	Meriden	55
4	Voya Financial Advisors, 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.	Windsor	52
5	Connecticut Wealth Management, LLC	Farmington	26
6	Moneco Advisors	Fairfield	22
7	A.G.P / Alliance Global Partners 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.	Westport	14
8	Coastal Bridge Advisors	Westport	13
9	New Edge Wealth	Stamford	12
10	Essex Financial Services, Inc.	Essex	11

Top 100 in Connecticut

Newest wealth firms, including broker-dealer firms

Newest wealth firms, including broker-dealer firms in Connecticut, top 10
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 wealth firms based in Connecticut, 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	121
October 1, 2019	117
October 1, 2020	116
October 4, 2021	118
October 3, 2022	131
October 5, 2023	130
October 1, 2024	135
September 2, 2025	143
October 2, 2026	171

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	$60.8 billion
October 1, 2019	$57.7 billion
October 1, 2020	$64.2 billion
October 4, 2021	$72.8 billion
October 3, 2022	$97.6 billion
October 5, 2023	$92.5 billion
October 1, 2024	$114.7 billion
September 2, 2025	$131.0 billion
October 2, 2026	$210.2 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	129,363
October 1, 2019	121,669
October 1, 2020	127,641
October 4, 2021	115,719
October 3, 2022	159,418
October 5, 2023	161,524
October 1, 2024	178,344
September 2, 2025	201,495
October 2, 2026	320,132

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	$291.0 million
October 1, 2019	$306.6 million
October 1, 2020	$298.9 million
October 4, 2021	$353.3 million
October 3, 2022	$401.8 million
October 5, 2023	$358.4 million
October 1, 2024	$391.8 million
September 2, 2025	$430.0 million
October 2, 2026	$393.5 million

The market in Connecticut now

Headline figures

Headline figures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms	424	171	253
Regulatory assets under management	$216.0 billion	$210.2 billion	$5.8 billion
Accounts	333,812	320,132	13,680
Clients	197,017	186,537	10,480
Employees	6,551	6,164	387
Advisory employees	3,384	3,055	329
Investment adviser representatives	3,451	3,120	331
Median RAUM	$65.6 million	$393.5 million	$18.9 million
Average RAUM	$595.2 million	$1.3 billion	$29.3 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	198	3	195
RAUM of firms under $100 million	$5.4 billion	$42.0 million	$5.4 billion
Firms $100 million to $250 million	58	54	4
RAUM of firms $100 million to $250 million	$9.3 billion	$8.9 billion	$477.6 million
Firms $250 million to $500 million	39	39	0
RAUM of firms $250 million to $500 million	$14.2 billion	$14.2 billion	$0
Firms $500 million to $1 billion	28	28	0
RAUM of firms $500 million to $1 billion	$18.6 billion	$18.6 billion	$0
Firms $1 billion to $5 billion	33	33	0
RAUM of firms $1 billion to $5 billion	$72.1 billion	$72.1 billion	$0
Firms $5 billion to $10 billion	4	4	0
RAUM of firms $5 billion to $10 billion	$28.7 billion	$28.7 billion	$0
Firms $10 billion and up	3	3	0
RAUM of firms $10 billion and up	$67.7 billion	$67.7 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		51.0%
Top 100 share of RAUM		92.3%

Concentration, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Top 10 share of RAUM	51.0%	52.4%	17.9%
Top 100 share of RAUM	92.3%	94.9%	86.1%

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		92.7%
Charge hourly fees		46.0%
Charge subscription fees		0.9%
Charge fixed fees		54.2%
Receive commissions		1.9%
Charge performance-based fees		13.9%
Other compensation		9.0%

How advisers are paid, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Charge a percentage of assets	92.7%	97.7%	89.3%
Charge hourly fees	46.0%	43.3%	47.8%
Charge subscription fees	0.9%	1.2%	0.8%
Charge fixed fees	54.2%	61.4%	49.4%
Receive commissions	1.9%	2.9%	1.2%
Charge performance-based fees	13.9%	11.7%	15.4%
Other compensation	9.0%	8.8%	9.1%

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	26.2%	50.3%	9.9%

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	5.0%	7.6%	3.2%

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	52	21	31
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	363	164	199
Discretionary RAUM	$184.3 billion	$179.3 billion	$5.1 billion
CFP professionals	647	579	68
25th percentile RAUM	$16.4 million	$192.1 million	$8.2 million
75th percentile RAUM	$343.5 million	$930.0 million	$45.3 million
90th percentile RAUM	$1.1 billion	$2.6 billion	$65.6 million
Average account size	$647,214	$656,637	$426,708
Offer financial planning	68.6%	73.1%	65.6%
RAUM growth, one year	No data	60.5%	No data

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

Cities

Stamford 37 independent RIAs, $47.3 billion
West Hartford 11 independent RIAs, $16.7 billion
Greenwich 33 independent RIAs, $13.1 billion
Hartford 6 independent RIAs, $11.0 billion
Westport 34 independent RIAs, $9.5 billion
Farmington 10 independent RIAs, $7.5 billion
Glastonbury 15 independent RIAs, $6.1 billion
Darien 24 independent RIAs, $5.4 billion
Essex 6 independent RIAs, $5.2 billion
Madison 7 independent RIAs, $4.4 billion
Fairfield 11 independent RIAs, $3.9 billion
Wethersfield 5 independent RIAs, $3.4 billion
Wilton 6 independent RIAs, $3.1 billion
New Canaan 9 independent RIAs, $2.5 billion
Guilford 7 independent RIAs, $1.8 billion
Shelton 10 independent RIAs, $1.7 billion
Ridgefield 9 independent RIAs, $1.4 billion
Southport 6 independent RIAs, $1.1 billion
Cheshire 5 independent RIAs, $1.0 billion
Avon 6 independent RIAs, $959.0 million
South Windsor 5 independent RIAs, $813.9 million
Norwalk 7 independent RIAs, $715.7 million
New Haven 5 independent RIAs, $584.9 million
Weston 5 independent RIAs, $158.4 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.