State market data

Wealth management firms in Delaware

As of October 2, 2026, 61 wealth management firms, including broker-dealer firms, based in Delaware reported $11.7 billion in regulatory assets under management; the largest by assets was Diversified, LLC, with $2.8 billion.

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

Wealth management firms: 61
SEC-registered: 28
State-registered: 33
Regulatory assets under management: $11.7 billion
Client accounts: 26,116
Median firm size: $79.7 million
Of which broker-dealer affiliated: 2, with $526.2 million

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

Top firms in Delaware

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

Largest wealth firms by assets under management, including broker-dealer firms in Delaware, top 10
Rank	Firm	City	RAUM
1	Diversified, LLC	Wilmington	$2.8 billion
2	Riversedge Advisors	Wilmington	$928.4 million
3	Affinity Wealth Management LLC	Wilmington	$872.5 million
4	Clariti Wealth Advisors	Wilmington	$797.6 million
5	Grey Fox Wealth Advisors, LLC	Rockland	$698.8 million
6	Westover Capital Advisors, LLC	Wilmington	$652.9 million
7	HFM Investment Advisors, Inc.	Newark	$493.1 million
8	N1 Advisors	Newark	$445.5 million
9	Big Investment Services	Dover	$425.4 million
10	BDFS Capital LLC	Rehoboth Beach	$411.3 million

Top 100 in Delaware

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

Fastest-growing wealth firms over one year, including broker-dealer firms in Delaware, top 10
Rank	Firm	City	Growth	Starting value
1	Delaware Wealth Planners	Wilmington	64.7%	$155.2 million
2	Big Investment Services	Dover	50.3%	$283.0 million
3	Diversified, LLC	Wilmington	34.2%	$2.1 billion
4	Benchmark Financial, LLC	Wilmington	31.2%	$100.3 million
5	Riversedge Advisors	Wilmington	31.0%	$708.4 million
6	Grey Fox Wealth Advisors, LLC	Rockland	28.4%	$544.1 million
7	Clariti Wealth Advisors	Wilmington	28.2%	$622.2 million
8	BDFS Capital LLC	Rehoboth Beach	26.5%	$325.2 million
9	Convoy Investments, LLC	Not reported	19.7%	$218.6 million
10	Investment Management & Planning LLC	Greenville	16.4%	$205.2 million

Top 100 in Delaware

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

Fastest-growing wealth firms over three years, including broker-dealer firms in Delaware, top 10
Rank	Firm	City	Growth	Starting value
1	Grey Fox Wealth Advisors, LLC	Rockland	36.6%	$274.4 million
2	Big Investment Services	Dover	31.0%	$189.2 million
3	Riversedge Advisors	Wilmington	27.0%	$452.7 million
4	Blue Rock Financial Group	Rehoboth Beach	22.6%	$207.3 million
5	Westover Capital Advisors, LLC	Wilmington	22.4%	$355.7 million
6	BDFS Capital LLC	Rehoboth Beach	21.3%	$230.6 million
7	Clariti Wealth Advisors	Wilmington	16.3%	$506.7 million
8	Convoy Investments, LLC	Not reported	16.1%	$167.0 million
9	N1 Advisors	Newark	15.5%	$289.3 million
10	Affinity Wealth Management LLC	Wilmington	13.0%	$604.6 million

Top 100 in Delaware

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

Fastest-growing wealth firms over five years, including broker-dealer firms in Delaware, top 10
Rank	Firm	City	Growth	Starting value
1	Grey Fox Wealth Advisors, LLC	Rockland	43.6%	$114.5 million
2	BDFS Capital LLC	Rehoboth Beach	28.5%	$117.2 million
3	Riversedge Advisors	Wilmington	26.9%	$282.0 million
4	Blue Rock Financial Group	Rehoboth Beach	19.9%	$153.9 million
5	Big Investment Services	Dover	17.2%	$192.0 million
6	Westover Capital Advisors, LLC	Wilmington	13.8%	$341.7 million
7	Clariti Wealth Advisors	Wilmington	12.1%	$449.6 million
8	N1 Advisors	Newark	8.9%	$291.2 million
9	Affinity Wealth Management LLC	Wilmington	8.7%	$575.5 million
10	Investment Management & Planning LLC	Greenville	7.4%	$167.5 million

Top 100 in Delaware

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 Delaware, top 10
Rank	Firm	City	Increase
1	Diversified, LLC	Wilmington	$710.6 million
2	Riversedge Advisors	Wilmington	$219.9 million
3	Clariti Wealth Advisors	Wilmington	$175.4 million
4	Grey Fox Wealth Advisors, LLC	Rockland	$154.6 million
5	Big Investment Services	Dover	$142.5 million
6	Affinity Wealth Management LLC	Wilmington	$112.4 million
7	Delaware Wealth Planners	Wilmington	$100.4 million
8	BDFS Capital LLC	Rehoboth Beach	$86.2 million
9	Westover Capital Advisors, LLC	Wilmington	$84.3 million
10	N1 Advisors	Newark	$52.4 million

Top 100 in Delaware

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

Wealth firms with the most clients, including broker-dealer firms in Delaware, top 10
Rank	Firm	City	Most clients
1	Diversified, LLC	Wilmington	2,002
2	Realta Investment 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.	Wilmington	1,231
3	Streetbeat LLC	Wilmington	853
4	BDFS Capital LLC	Rehoboth Beach	762
5	JPL Asset Management and Planning, LLC	Newark	740
6	Affinity Wealth Management LLC	Wilmington	664
7	Big Investment Services	Dover	622
8	Investment Management & Planning LLC	Greenville	511
9	Riversedge Advisors	Wilmington	464
10	Grey Fox Wealth Advisors, LLC	Rockland	335

Top 100 in Delaware

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 Delaware, top 10
Rank	Firm	City	Growth	Starting value
1	Investment Management & Planning LLC	Greenville	54.8%	330
2	Delaware Wealth Planners	Wilmington	23.5%	102
3	Grey Fox Wealth Advisors, LLC	Rockland	21.4%	276
4	Diversified, LLC	Wilmington	16.2%	1,723
5	Westover Capital Advisors, LLC	Wilmington	9.4%	244
6	BDFS Capital LLC	Rehoboth Beach	9.0%	699
7	Clariti Wealth Advisors	Wilmington	7.5%	254
8	N1 Advisors	Newark	5.6%	233
9	Riversedge Advisors	Wilmington	5.5%	440
10	HFM Investment Advisors, Inc.	Newark	3.3%	213

Top 100 in Delaware

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

Wealth firms with the most accounts, including broker-dealer firms in Delaware, top 10
Rank	Firm	City	Most accounts
1	Diversified, LLC	Wilmington	6,570
2	Affinity Wealth Management LLC	Wilmington	2,004
3	BDFS Capital LLC	Rehoboth Beach	1,743
4	Big Investment Services	Dover	1,612
5	Riversedge Advisors	Wilmington	1,515
6	Clariti Wealth Advisors	Wilmington	1,330
7	Grey Fox Wealth Advisors, LLC	Rockland	1,309
8	Realta Investment 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.	Wilmington	1,231
9	Streetbeat LLC	Wilmington	853
10	Blue Rock Financial Group	Rehoboth Beach	795

Top 100 in Delaware

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

Wealth firms with the most advisory staff, including broker-dealer firms in Delaware, top 10
Rank	Firm	City	Most advisory staff
1	Realta Investment 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.	Wilmington	54
2	Diversified, LLC	Wilmington	34
3	Wilmington Trust Investment 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.	Wilmington	30
4	Affinity Wealth Management LLC	Wilmington	11
5	Riversedge Advisors	Wilmington	9
6	Grey Fox Wealth Advisors, LLC	Rockland	8
7	BDFS Capital LLC	Rehoboth Beach	7
8	Clariti Wealth Advisors	Wilmington	6
8	Westover Capital Advisors, LLC	Wilmington	6
10	Blue Rock Financial Group	Rehoboth Beach	5

Top 100 in Delaware

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 Delaware, top 10
Rank	Firm	City	Most high net worth clients
1	Diversified, LLC	Wilmington	828
2	Realta Investment 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.	Wilmington	378
3	Investment Management & Planning LLC	Greenville	314
4	Affinity Wealth Management LLC	Wilmington	224
5	Clariti Wealth Advisors	Wilmington	195
6	Riversedge Advisors	Wilmington	167
7	HFM Investment Advisors, Inc.	Newark	127
8	Westover Capital Advisors, LLC	Wilmington	125
8	Blue Rock Financial Group	Rehoboth Beach	125
10	Grey Fox Wealth Advisors, LLC	Rockland	118

Top 100 in Delaware

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

Wealth firms with the most CFP professionals, including broker-dealer firms in Delaware, top 10
Rank	Firm	City	Most CFP professionals
1	Diversified, LLC	Wilmington	16
2	Affinity Wealth Management LLC	Wilmington	6
3	BDFS Capital LLC	Rehoboth Beach	4
3	Riversedge Advisors	Wilmington	4
5	Clariti Wealth Advisors	Wilmington	3
5	Investment Management & Planning LLC	Greenville	3
7	Westover Capital Advisors, LLC	Wilmington	2
7	Realta Investment 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.	Wilmington	2
7	JPL Asset Management and Planning, LLC	Newark	2
7	Rockford Financial Planning	Wilmington	2

Top 100 in Delaware

Newest wealth firms, including broker-dealer firms

Newest wealth firms, including broker-dealer firms in Delaware, top 10
Rank	Firm	City	Amount
1	Back Bay Financial Planning & Investments	Bethany Beach	$120.5 million
2	Cagr Finance LLC	Lewes	$31,840
3	Ownit Technologies LLC	Not reported	$0
3	Coinedly LLC	Dover	$0

Top 100 in Delaware

Over time

From the SEC's yearly files: SEC-registered wealth firms based in Delaware, 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	26
October 1, 2019	25
October 1, 2020	24
October 4, 2021	27
October 3, 2022	29
October 5, 2023	27
October 1, 2024	25
September 2, 2025	23
October 2, 2026	28

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	$7.5 billion
October 1, 2019	$9.9 billion
October 1, 2020	$11.2 billion
October 4, 2021	$15.3 billion
October 3, 2022	$14.4 billion
October 5, 2023	$12.7 billion
October 1, 2024	$16.6 billion
September 2, 2025	$18.4 billion
October 2, 2026	$10.9 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	20,979
October 1, 2019	36,804
October 1, 2020	41,263
October 4, 2021	51,351
October 3, 2022	40,163
October 5, 2023	44,274
October 1, 2024	50,490
September 2, 2025	55,658
October 2, 2026	23,438

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	$224.0 million
October 1, 2019	$220.1 million
October 1, 2020	$225.7 million
October 4, 2021	$222.9 million
October 3, 2022	$246.0 million
October 5, 2023	$235.8 million
October 1, 2024	$301.9 million
September 2, 2025	$343.5 million
October 2, 2026	$258.6 million

The market in Delaware now

Headline figures

Headline figures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms	61	28	33
Regulatory assets under management	$11.7 billion	$10.9 billion	$815.5 million
Accounts	26,116	23,438	2,678
Clients	11,849	9,715	2,134
Employees	340	294	46
Advisory employees	246	206	40
Investment adviser representatives	209	168	41
Median RAUM	$79.7 million	$258.6 million	$23.9 million
Average RAUM	$239.2 million	$419.4 million	$35.5 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	27	5	22
RAUM of firms under $100 million	$772.2 million	$64.6 million	$707.6 million
Firms $100 million to $250 million	8	7	1
RAUM of firms $100 million to $250 million	$1.1 billion	$1.0 billion	$107.9 million
Firms $250 million to $500 million	8	8	0
RAUM of firms $250 million to $500 million	$3.1 billion	$3.1 billion	$0
Firms $500 million to $1 billion	5	5	0
RAUM of firms $500 million to $1 billion	$4.0 billion	$4.0 billion	$0
Firms $1 billion to $5 billion	1	1	0
RAUM of firms $1 billion to $5 billion	$2.8 billion	$2.8 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	SEC-registered	State-registered
Top 10 share of RAUM	72.7%	78.1%	78.3%

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		85.2%
Charge hourly fees		47.5%
Charge subscription fees		3.3%
Charge fixed fees		54.1%
Receive commissions		1.6%
Charge performance-based fees		9.8%
Other compensation		11.5%

How advisers are paid, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Charge a percentage of assets	85.2%	96.4%	75.8%
Charge hourly fees	47.5%	57.1%	39.4%
Charge subscription fees	3.3%	3.6%	3.0%
Charge fixed fees	54.1%	64.3%	45.5%
Receive commissions	1.6%	0.0%	3.0%
Charge performance-based fees	9.8%	10.7%	9.1%
Other compensation	11.5%	14.3%	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	31.1%	42.9%	21.2%

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	3.3%	7.1%	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	4	4	0
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	49	26	23
Discretionary RAUM	$10.9 billion	$10.2 billion	$664.1 million
CFP professionals	65	49	16
25th percentile RAUM	$19.7 million	$120.5 million	$14.7 million
75th percentile RAUM	$261.6 million	$481.2 million	$45.9 million
90th percentile RAUM	$662.1 million	$835.1 million	$89.5 million
Average account size	$448,761	$465,240	$304,535
Offer financial planning	77.0%	78.6%	75.8%
RAUM growth, one year	No data	-40.8%	No data

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

Cities

Wilmington 21 independent RIAs, $7.0 billion
Newark 5 independent RIAs, $1.1 billion
Rehoboth Beach 5 independent RIAs, $809.9 million
Lewes 5 independent RIAs, $145.3 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.