State market data

Wealth management firms in Florida

As of October 2, 2026, 1,802 wealth management firms, including broker-dealer firms, based in Florida reported $1.5 trillion in regulatory assets under management; the largest by assets was Raymond James & Associates, Inc., with $501.0 billion.

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

Wealth management firms: 1,802
SEC-registered: 663
State-registered: 1,139
Regulatory assets under management: $1.5 trillion
Client accounts: 3,445,680
Median firm size: $58.0 million
Of which broker-dealer affiliated: 95, with $999.8 billion

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

Top firms in Florida

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

Largest wealth firms by assets under management, including broker-dealer firms in Florida, top 10
Rank	Firm	City	RAUM
1	Raymond James & Associates, 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.	St. Petersburg	$501.0 billion
2	Raymond James Financial Services 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.	St. Petersburg	$390.0 billion
3	Corient	Miami	$165.3 billion
4	Sanctuary 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.	Miami	$34.9 billion
5	We Family Offices	Coral Gables	$17.8 billion
6	Independent Financial 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.	Tampa	$16.3 billion
7	Concurrent Investment Advisors, LLC	Tampa	$15.7 billion
8	CV Advisors LLC	Aventura	$15.1 billion
9	J. W. Cole 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.	Tampa	$8.2 billion
10	Facet	West Palm Beach	$7.6 billion

Top 100 in Florida

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

Fastest-growing wealth firms over one year, including broker-dealer firms in Florida, top 10
Rank	Firm	City	Growth	Starting value
1	The Life Wealth Group	Winter Garden	176.1%	$177.7 million
2	Legacy Wealth Advisors, LLC	North Miami Beach	165.2%	$348.0 million
3	Bbva Global Wealth 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.	Miami	160.6%	$523.7 million
4	Rossby Financial, LLC	Melbourne	138.3%	$358.6 million
5	Ponta Wealth Partners, LLC	Winter Park	109.7%	$102.2 million
6	Blacktower Financial Management (US) LLC	Orlando	107.1%	$122.8 million
7	Lri Investments	Palm Beach Gardens	98.1%	$1.4 billion
8	Facet	West Palm Beach	96.7%	$3.9 billion
9	Seven Hills Financial, LLC	Tallahassee	88.4%	$149.1 million
10	Tiempo Capital Partners	Miami	79.4%	$508.0 million

Top 100 in Florida

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

Fastest-growing wealth firms over three years, including broker-dealer firms in Florida, top 10
Rank	Firm	City	Growth	Starting value
1	Fifth Avenue Family Office	Naples	92.1%	$190.7 million
2	Greenbridge Partners LLC	Lakeland	55.4%	$115.4 million
3	Hoxton Wealth	Orlando	54.5%	$217.9 million
4	Facet	West Palm Beach	54.1%	$2.1 billion
5	Accurate 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.	Wesley Chapel	53.4%	$473.4 million
6	Swan Capital	Pensacola	50.8%	$102.4 million
7	Compass Financial Management LLC	Tampa	50.2%	$263.6 million
8	Fidelis Capital	Tampa	49.7%	$680.3 million
9	Walser Wealth Management Company, A Limited Liability Company	Tampa	48.2%	$104.2 million
10	Victrix Investment Advisors	Stuart	46.5%	$109.2 million

Top 100 in Florida

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

Fastest-growing wealth firms over five years, including broker-dealer firms in Florida, top 10
Rank	Firm	City	Growth	Starting value
1	Facet	West Palm Beach	56.6%	$807.5 million
2	Provenance Wealth Advisors 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.	Fort Lauderdale	45.9%	$549.2 million
3	Compass Financial Management LLC	Tampa	44.3%	$142.6 million
4	Accurate 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.	Wesley Chapel	39.7%	$321.2 million
5	Sanctuary 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.	Miami	39.6%	$6.6 billion
6	Fifth Avenue Family Office	Naples	35.5%	$296.2 million
7	Activest Wealth Management, LLC	Aventura	32.3%	$360.5 million
8	Fortress Wealth Planning	Jacksonville Beach	31.3%	$203.7 million
9	Dakota Wealth, LLC	Palm Beach Gardens	31.2%	$1.8 billion
10	Xendia Wealth LLC	Miami	31.0%	$123.3 million

Top 100 in Florida

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 Florida, top 10
Rank	Firm	City	Increase
1	Raymond James & Associates, 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.	St. Petersburg	$67.1 billion
2	Raymond James Financial Services 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.	St. Petersburg	$45.2 billion
3	Corient	Miami	$21.6 billion
4	Sanctuary 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.	Miami	$7.2 billion
5	Concurrent Investment Advisors, LLC	Tampa	$5.8 billion
6	Independent Financial 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.	Tampa	$3.8 billion
7	Facet	West Palm Beach	$3.7 billion
8	We Family Offices	Coral Gables	$2.4 billion
9	CV Advisors LLC	Aventura	$2.2 billion
10	Indivisible Partners	Clearwater	$1.7 billion

Top 100 in Florida

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

Wealth firms with the most clients, including broker-dealer firms in Florida, top 10
Rank	Firm	City	Most clients
1	Raymond James & Associates, 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.	St. Petersburg	533,848
2	Raymond James Financial Services 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.	St. Petersburg	513,981
3	Interest Financial, LLC	Tampa	134,650
4	Independent Financial 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.	Tampa	54,154
5	GWN 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.	Palm Beach Gardens	37,847
6	J. W. Cole 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.	Tampa	33,218
7	Webull 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.	St. Petersburg	28,867
8	Corient	Miami	27,092
9	Sound Income Strategies, LLC	Fort Lauderdale	24,814
10	Good Life Advisors, LLC	Celebration	22,596

Top 100 in Florida

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 Florida, top 10
Rank	Firm	City	Growth	Starting value
1	Rossby Financial, LLC	Melbourne	237.6%	1,179
2	Allied Private Wealth	Boca Raton	159.1%	176
3	Covingtonalsina	Jacksonville	140.0%	570
4	Synergy Investment Management LLC	Altamonte Springs	132.3%	1,083
5	Dougherty Investment Advisors	Spring Hill	121.4%	187
6	PFG Private Wealth Management, LLC	Lutz	115.3%	444
7	Chiron Capital Management, LLC	Tallahassee	115.1%	424
8	Fund Advisors of America Inc	Orlando	113.5%	274
9	Api Financial Advisors, LLC	Rockledge	110.0%	329
10	Davis Capital Management	Jacksonville	106.2%	225

Top 100 in Florida

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

Wealth firms with the most accounts, including broker-dealer firms in Florida, top 10
Rank	Firm	City	Most accounts
1	Raymond James & Associates, 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.	St. Petersburg	1,143,145
2	Raymond James Financial Services 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.	St. Petersburg	1,107,860
3	Corient	Miami	113,752
4	GWN 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.	Palm Beach Gardens	66,025
5	Sanctuary 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.	Miami	62,617
6	Independent Financial 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.	Tampa	54,154
7	Facet	West Palm Beach	43,934
8	Concurrent Investment Advisors, LLC	Tampa	41,105
9	J. W. Cole 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.	Tampa	31,247
10	Webull 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.	St. Petersburg	28,867

Top 100 in Florida

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

Wealth firms with the most advisory staff, including broker-dealer firms in Florida, top 10
Rank	Firm	City	Most advisory staff
1	Raymond James Financial Services 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.	St. Petersburg	6,024
2	Raymond James & Associates, 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.	St. Petersburg	5,683
3	Florida Financial 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.	Tampa	667
4	Corient	Miami	620
5	J. W. Cole 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.	Tampa	468
6	GWN 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.	Palm Beach Gardens	448
7	Sanctuary 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.	Miami	396
8	Money Concepts Advisory Service 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.	Palm Beach Gardens	375
9	Independent Financial 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.	Tampa	302
10	Kovack 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.	Fort Lauderdale	300

Top 100 in Florida

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 Florida, top 10
Rank	Firm	City	Most high net worth clients
1	Raymond James & Associates, 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.	St. Petersburg	99,598
2	Raymond James Financial Services 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.	St. Petersburg	91,402
3	Corient	Miami	19,571
4	Independent Financial 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.	Tampa	18,190
5	Sanctuary 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.	Miami	4,425
6	Concurrent Investment Advisors, LLC	Tampa	3,009
7	Facet	West Palm Beach	2,928
8	GWN 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.	Palm Beach Gardens	2,217
9	Gladstone Wealth 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.	Palm Beach Gardens	2,213
10	International Assets Investment 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.	Orlando	2,073

Top 100 in Florida

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

Wealth firms with the most CFP professionals, including broker-dealer firms in Florida, top 10
Rank	Firm	City	Most CFP professionals
1	Raymond James Financial Services 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.	St. Petersburg	1,244
2	Raymond James & Associates, 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.	St. Petersburg	552
3	Corient	Miami	280
4	Facet	West Palm Beach	93
5	J. W. Cole 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.	Tampa	87
6	Concurrent Investment Advisors, LLC	Tampa	75
7	Independent Financial 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.	Tampa	73
8	GWN 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.	Palm Beach Gardens	62
9	Sanctuary 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.	Miami	57
10	Money Concepts Advisory Service 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.	Palm Beach Gardens	54

Top 100 in Florida

Newest wealth firms, including broker-dealer firms

Newest wealth firms, including broker-dealer firms in Florida, top 10
Rank	Firm	City	Amount
1	Gryphon Wealth	Jacksonville	$3.2 billion
2	Evertern Wealth, LLC	Naples	$1.6 billion
3	Trillium Wealth LLC	Winter Park	$544.6 million
4	Gravitalix Financial	Coral Springs	$395.2 million
5	Genoa Wealth, LLC	Tampa	$376.7 million
6	Ffo Investments LLC	Tampa	$207.1 million
7	Guardant Wealth Advisors	Miami	$204.4 million
8	Urs Advisory	Jupiter	$200.3 million
9	Siler Wealth Management	Longwood	$188.6 million
10	Structure Wealth Management, LLC	Tampa	$165.7 million

Top 100 in Florida

Over time

From the SEC's yearly files: SEC-registered wealth firms based in Florida, 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	310
October 1, 2019	327
October 1, 2020	349
October 4, 2021	386
October 3, 2022	422
October 5, 2023	449
October 1, 2024	482
September 2, 2025	520
October 2, 2026	663

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	$363.8 billion
October 1, 2019	$415.5 billion
October 1, 2020	$476.2 billion
October 4, 2021	$622.5 billion
October 3, 2022	$837.7 billion
October 5, 2023	$871.9 billion
October 1, 2024	$1.0 trillion
September 2, 2025	$1.2 trillion
October 2, 2026	$1.5 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	1,186,253
October 1, 2019	1,449,748
October 1, 2020	1,562,139
October 4, 2021	2,009,078
October 3, 2022	2,337,272
October 5, 2023	2,582,549
October 1, 2024	2,743,119
September 2, 2025	3,036,006
October 2, 2026	3,364,429

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	$212.3 million
October 1, 2019	$201.8 million
October 1, 2020	$226.2 million
October 4, 2021	$221.6 million
October 3, 2022	$248.0 million
October 5, 2023	$235.6 million
October 1, 2024	$245.0 million
September 2, 2025	$272.5 million
October 2, 2026	$251.6 million

The market in Florida now

Headline figures

Headline figures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms	1,802	663	1,139
Regulatory assets under management	$1.5 trillion	$1.5 trillion	$26.2 billion
Accounts	3,445,680	3,364,429	81,251
Clients	1,877,997	1,824,058	53,939
Employees	41,016	39,025	1,991
Advisory employees	21,487	19,929	1,558
Investment adviser representatives	22,829	21,250	1,579
Median RAUM	$58.0 million	$251.6 million	$18.7 million
Average RAUM	$1.0 billion	$2.4 billion	$29.0 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	921	32	889
RAUM of firms under $100 million	$25.6 billion	$1.2 billion	$24.3 billion
Firms $100 million to $250 million	293	279	14
RAUM of firms $100 million to $250 million	$46.7 billion	$45.3 billion	$1.5 billion
Firms $250 million to $500 million	150	149	1
RAUM of firms $250 million to $500 million	$52.8 billion	$52.4 billion	$391.8 million
Firms $500 million to $1 billion	82	82	0
RAUM of firms $500 million to $1 billion	$56.5 billion	$56.5 billion	$0
Firms $1 billion to $5 billion	70	70	0
RAUM of firms $1 billion to $5 billion	$149.5 billion	$149.5 billion	$0
Firms $5 billion to $10 billion	8	8	0
RAUM of firms $5 billion to $10 billion	$50.7 billion	$50.7 billion	$0
Firms $10 billion and up	8	8	0
RAUM of firms $10 billion and up	$1.2 trillion	$1.2 trillion	$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		76.2%
Top 100 share of RAUM		89.0%

Concentration, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Top 10 share of RAUM	76.2%	77.5%	5.1%
Top 100 share of RAUM	89.0%	90.6%	33.9%

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		94.0%
Charge hourly fees		46.5%
Charge subscription fees		1.4%
Charge fixed fees		54.5%
Receive commissions		2.2%
Charge performance-based fees		9.8%
Other compensation		11.0%

How advisers are paid, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Charge a percentage of assets	94.0%	97.6%	91.8%
Charge hourly fees	46.5%	45.2%	47.2%
Charge subscription fees	1.4%	0.9%	1.8%
Charge fixed fees	54.5%	63.3%	49.3%
Receive commissions	2.2%	3.2%	1.7%
Charge performance-based fees	9.8%	10.6%	9.4%
Other compensation	11.0%	12.7%	10.1%

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	59.4%	42.2%	69.4%

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	6.0%	10.3%	3.5%

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	209	84	125
Successions	No data	1	No data

Other measures

Other measures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms reporting RAUM	1,532	628	904
Discretionary RAUM	$1.1 trillion	$1.1 trillion	$22.8 billion
CFP professionals	3,847	3,521	326
25th percentile RAUM	$13.1 million	$146.5 million	$5.8 million
75th percentile RAUM	$200.3 million	$535.5 million	$44.6 million
90th percentile RAUM	$556.8 million	$1.4 billion	$72.0 million
Average account size	$446,266	$449,261	$322,258
Offer financial planning	67.4%	71.8%	64.9%
RAUM growth, one year	No data	21.7%	No data

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

Cities

Miami 143 independent RIAs, $197.9 billion
Tampa 97 independent RIAs, $37.1 billion
Coral Gables 56 independent RIAs, $33.9 billion
Naples 69 independent RIAs, $27.4 billion
Aventura 19 independent RIAs, $19.4 billion
West Palm Beach 41 independent RIAs, $15.8 billion
Jacksonville 57 independent RIAs, $14.0 billion
Palm Beach Gardens 34 independent RIAs, $13.0 billion
St. Petersburg 44 independent RIAs, $12.8 billion
Boca Raton 61 independent RIAs, $10.9 billion
Sarasota 75 independent RIAs, $10.8 billion
Clearwater 25 independent RIAs, $10.2 billion
Fort Lauderdale 32 independent RIAs, $8.4 billion
Orlando 63 independent RIAs, $7.6 billion
Winter Park 31 independent RIAs, $5.7 billion
Jupiter 28 independent RIAs, $4.9 billion
Lakeland 11 independent RIAs, $4.6 billion
Vero Beach 18 independent RIAs, $4.6 billion
Altamonte Springs 8 independent RIAs, $4.1 billion
North Palm Beach 6 independent RIAs, $3.8 billion
Palm Beach 8 independent RIAs, $3.7 billion
Fort Myers 20 independent RIAs, $3.6 billion
Lake Mary 14 independent RIAs, $2.9 billion
Venice 10 independent RIAs, $2.9 billion
Plantation 12 independent RIAs, $2.7 billion
Gainesville 8 independent RIAs, $2.6 billion
Jacksonville Beach 7 independent RIAs, $2.5 billion
Maitland 20 independent RIAs, $2.2 billion
Tallahassee 17 independent RIAs, $2.1 billion
Ponte Vedra Beach 19 independent RIAs, $2.1 billion
Miami Beach 20 independent RIAs, $2.1 billion
Bonita Springs 12 independent RIAs, $1.7 billion
Stuart 21 independent RIAs, $1.6 billion
Melbourne 16 independent RIAs, $1.6 billion
Bradenton 20 independent RIAs, $1.5 billion
Lakewood Ranch 13 independent RIAs, $1.5 billion
Boynton Beach 10 independent RIAs, $1.4 billion
Pensacola 17 independent RIAs, $1.4 billion
Ormond Beach 9 independent RIAs, $1.3 billion
Safety Harbor 6 independent RIAs, $1.2 billion
Ponte Vedra 7 independent RIAs, $1.2 billion
Coral Springs 9 independent RIAs, $1.1 billion
The Villages 9 independent RIAs, $1.1 billion
Delray Beach 20 independent RIAs, $988.1 million
Longwood 6 independent RIAs, $811.1 million
Palm Harbor 12 independent RIAs, $743.0 million
Lutz 8 independent RIAs, $737.1 million
Daytona Beach 7 independent RIAs, $735.4 million
Clermont 9 independent RIAs, $657.0 million
Port Charlotte 6 independent RIAs, $619.0 million
Winter Garden 6 independent RIAs, $617.8 million
St. Augustine 9 independent RIAs, $617.0 million
Ocala 12 independent RIAs, $616.0 million
Longboat Key 5 independent RIAs, $575.0 million
Estero 7 independent RIAs, $525.1 million
Hollywood 8 independent RIAs, $462.2 million
Seminole 5 independent RIAs, $461.3 million
Key Biscayne 6 independent RIAs, $452.7 million
Weston 6 independent RIAs, $429.9 million
Santa Rosa Beach 6 independent RIAs, $418.4 million
Port St. Lucie 5 independent RIAs, $388.2 million
Fleming Island 5 independent RIAs, $359.2 million
Wellington 5 independent RIAs, $294.3 million
Palm Coast 5 independent RIAs, $233.5 million
Winter Haven 5 independent RIAs, $217.0 million
Wesley Chapel 5 independent RIAs, $186.7 million
Davie 6 independent RIAs, $168.5 million
Indialantic 5 independent RIAs, $159.7 million
Oviedo 8 independent RIAs, $133.9 million
Parkland 5 independent RIAs, $109.5 million
Deland 5 independent RIAs, $104.6 million
Cape Coral 6 independent RIAs, $61.3 million
Sunny Isles Beach 5 independent RIAs, $3.0 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.