State market data

Independent RIAs in Idaho

As of October 2, 2026, 150 independent wealth management RIAs based in Idaho reported $40.7 billion in regulatory assets under management; the largest by assets was The Caprock Group, LLC, with $12.5 billion.

Include wirehouses and broker-dealer firms

Independent wealth management RIAs: 150
SEC-registered: 44
State-registered: 106
Regulatory assets under management: $40.7 billion
Client accounts: 81,247
Median firm size: $54.4 million
Broker-dealer affiliated firms, not included: 1, with $986.3 million

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

Top firms in Idaho

Largest independent RIAs by assets under management

Largest independent RIAs by assets under management in Idaho, top 10
Rank	Firm	City	RAUM
1	The Caprock Group, LLC	Boise	$12.5 billion
2	Venturi Private Wealth Successor: Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.	Boise	$3.6 billion
3	Continuum Advisory, LLC	Eagle	$1.9 billion
4	RW Investment Management LLC	Eagle	$1.7 billion
5	Pinkerton Wealth Partners	Coeur D'Alene	$1.4 billion
6	Aspen Capital Management, LLC	Boise	$1.3 billion
7	Inspire Advisors, LLC	Meridian	$1.3 billion
8	Summit Wealth and Retirement Partners	Eagle	$978.1 million
9	Mountain Pacific Investment Advisers, LLC	Boise	$933.7 million
10	Perspective Wealth Partners, LLC	Boise	$843.9 million

Successor Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.

Top 100 in Idaho

Fastest-growing independent RIAs over one year

Fastest-growing independent RIAs over one year in Idaho, top 10
Rank	Firm	City	Growth	Starting value
1	Sand Creek Capital, LLC	Rexburg	144.1%	$193.0 million
2	Investor Fan	Boise	84.1%	$427.7 million
3	Desert Rose Capital Management, Inc.	Meridian	70.5%	$112.7 million
4	Scratch Capital	Boise	62.9%	$141.2 million
5	Continuum Advisory, LLC	Eagle	34.6%	$1.4 billion
6	Helmstar Wealth Management	Boise	33.9%	$586.9 million
7	Legacy Wealth Management, LLC	Boise	32.0%	$476.5 million
8	American Capital Advisory, LLC	Ketchum	31.2%	$254.9 million
9	Inspire Advisors, LLC	Meridian	28.9%	$1.0 billion
10	Five Pine Wealth	Coeur D'Alene	25.9%	$152.4 million

Top 100 in Idaho

Fastest-growing independent RIAs over three years

Fastest-growing independent RIAs over three years in Idaho, top 10
Rank	Firm	City	Growth	Starting value
1	Investor Fan	Boise	61.7%	$186.2 million
2	Sand Creek Capital, LLC	Rexburg	59.7%	$115.8 million
3	Inspire Advisors, LLC	Meridian	36.8%	$520.8 million
4	Legacy Wealth Management, LLC	Boise	31.6%	$275.9 million
5	The Caprock Group, LLC	Boise	28.2%	$5.9 billion
6	Helmstar Wealth Management	Boise	27.7%	$377.2 million
7	Berkeley, Inc	Boise	24.0%	$301.0 million
8	Continuum Advisory, LLC	Eagle	23.2%	$1.0 billion
9	American Capital Advisory, LLC	Ketchum	22.5%	$182.0 million
10	HRC Wealth Management, LLC	Moscow	22.4%	$266.0 million

Top 100 in Idaho

Fastest-growing independent RIAs over five years

Fastest-growing independent RIAs over five years in Idaho, top 10
Rank	Firm	City	Growth	Starting value
1	Legacy Wealth Management, LLC	Boise	39.2%	$120.5 million
2	Investor Fan	Boise	35.3%	$173.9 million
3	Inspire Advisors, LLC	Meridian	34.5%	$303.1 million
4	Continuum Advisory, LLC	Eagle	27.5%	$566.0 million
5	Helmstar Wealth Management	Boise	24.8%	$259.2 million
6	American Capital Advisory, LLC	Ketchum	22.8%	$120.0 million
7	Doceo Wealth, LLC	Meridian	21.8%	$102.1 million
8	The Caprock Group, LLC	Boise	19.5%	$5.1 billion
9	Perspective Wealth Partners, LLC	Boise	18.1%	$367.4 million
10	Figure 8 Investment Strategies LLC	Boise	16.9%	$107.1 million

Top 100 in Idaho

Independent RIAs with the biggest asset gains over one year

Independent RIAs with the biggest asset gains over one year in Idaho, top 10
Rank	Firm	City	Increase
1	The Caprock Group, LLC	Boise	$2.3 billion
2	Continuum Advisory, LLC	Eagle	$490.9 million
3	Venturi Private Wealth Successor: Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.	Boise	$402.3 million
4	Investor Fan	Boise	$359.7 million
5	Inspire Advisors, LLC	Meridian	$298.8 million
6	Sand Creek Capital, LLC	Rexburg	$278.1 million
7	RW Investment Management LLC	Eagle	$261.0 million
8	Aspen Capital Management, LLC	Boise	$207.7 million
9	Enduring Wealth Management, LLC	Meridian	$205.0 million
10	Helmstar Wealth Management	Boise	$198.7 million

Successor Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.

Top 100 in Idaho

Independent RIAs with the most clients

Independent RIAs with the most clients in Idaho, top 10
Rank	Firm	City	Most clients
1	Continuum Advisory, LLC	Eagle	6,922
2	Inspire Advisors, LLC	Meridian	3,536
3	Legacy Wealth Management, LLC	Boise	3,416
4	Pinkerton Wealth Partners	Coeur D'Alene	1,262
5	Sand Creek Capital, LLC	Rexburg	988
6	Preferred Retirement Options, Inc	Ammon	960
7	Investor Fan	Boise	887
8	HRC Wealth Management, LLC	Moscow	878
9	The Caprock Group, LLC	Boise	872
10	RW Investment Management LLC	Eagle	797

Top 100 in Idaho

Independent RIAs with the fastest client growth over one year

Independent RIAs with the fastest client growth over one year in Idaho, top 10
Rank	Firm	City	Growth	Starting value
1	Sand Creek Capital, LLC	Rexburg	213.7%	315
2	Scratch Capital	Boise	200.0%	108
3	Desert Rose Capital Management, Inc.	Meridian	87.0%	393
4	Legacy Wealth Management, LLC	Boise	61.1%	2,121
5	Investor Fan	Boise	39.9%	634
6	Continuum Advisory, LLC	Eagle	21.4%	5,701
7	Aspen Capital Management, LLC	Boise	19.3%	398
8	Tumwater Wealth Management, LLC	Boise	12.7%	276
9	Journey Retirement Planning and Investment Management, LLC	Ammon	12.1%	571
10	Wood Tarver Financial	Boise	10.5%	526

Top 100 in Idaho

Independent RIAs with the most accounts

Independent RIAs with the most accounts in Idaho, top 10
Rank	Firm	City	Most accounts
1	Pinkerton Wealth Partners	Coeur D'Alene	13,361
2	Inspire Advisors, LLC	Meridian	8,330
3	Venturi Private Wealth Successor: Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.	Boise	4,555
4	Continuum Advisory, LLC	Eagle	3,461
5	Legacy Wealth Management, LLC	Boise	3,269
6	RW Investment Management LLC	Eagle	2,377
7	Investor Fan	Boise	2,236
7	Sand Creek Capital, LLC	Rexburg	2,236
9	Helmstar Wealth Management	Boise	1,974
10	Hawke Financial Group	Meridian	1,938

Successor Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.

Top 100 in Idaho

Independent RIAs with the most advisory staff

Independent RIAs with the most advisory staff in Idaho, top 10
Rank	Firm	City	Most advisory staff
1	Inspire Advisors, LLC	Meridian	63
2	Legacy Wealth Management, LLC	Boise	39
3	The Caprock Group, LLC	Boise	38
4	Continuum Advisory, LLC	Eagle	32
5	Pinkerton Wealth Partners	Coeur D'Alene	16
5	Investor Fan	Boise	16
7	Venturi Private Wealth Successor: Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.	Boise	12
7	RW Investment Management LLC	Eagle	12
9	Desert Rose Capital Management, Inc.	Meridian	10
9	Sand Creek Capital, LLC	Rexburg	10

Successor Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.

Top 100 in Idaho

Independent RIAs with the most high net worth clients

Independent RIAs with the most high net worth clients in Idaho, top 10
Rank	Firm	City	Most high net worth clients
1	Continuum Advisory, LLC	Eagle	902
2	RW Investment Management LLC	Eagle	417
3	Venturi Private Wealth Successor: Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.	Boise	407
4	The Caprock Group, LLC	Boise	398
5	Pinkerton Wealth Partners	Coeur D'Alene	386
6	Inspire Advisors, LLC	Meridian	320
7	Sand Creek Capital, LLC	Rexburg	312
8	Aspen Capital Management, LLC	Boise	284
9	Investor Fan	Boise	235
10	Helmstar Wealth Management	Boise	227

Successor Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.

Top 100 in Idaho

Independent RIAs with the most CFP professionals

Independent RIAs with the most CFP professionals in Idaho, top 10
Rank	Firm	City	Most CFP professionals
1	Inspire Advisors, LLC	Meridian	15
2	Continuum Advisory, LLC	Eagle	11
3	Legacy Wealth Management, LLC	Boise	7
4	Pinkerton Wealth Partners	Coeur D'Alene	6
4	Summit Wealth and Retirement Partners	Eagle	6
6	Treasure Valley Financial Planning	Meridian	5
7	Helmstar Wealth Management	Boise	4
7	Investor Fan	Boise	4
7	Venturi Private Wealth Successor: Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.	Boise	4
10	The Caprock Group, LLC	Boise	3

Successor Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.

Top 100 in Idaho

Newest independent RIAs

Newest independent RIAs in Idaho, top 10
Rank	Firm	City	Amount
1	Treasure Valley Financial Planning	Meridian	$336.0 million
2	Hazlett Wealth Management LLC	Ketchum	$160.0 million
3	Williams and Schiller Wealth Management, LLC	Sandpoint	$120.7 million
4	Cooper Norman Wealth, LLC	Idaho Falls	$15.9 million
5	Garcia Financial Planning	Meridian	$6.0 million
6	Action Financial Planning LLC	Twin Falls	$0
6	Verify Wealth	Middleton	$0
6	Tadman Financial	Boise	$0
6	Joski Financial	Star	$0
6	Madrone Financial Planning	Boise	$0

Top 100 in Idaho

Over time

From the SEC's yearly files: SEC-registered independent RIAs based in Idaho, 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.

Data table

Firms
As of	Firms
October 1, 2018	20
October 1, 2019	22
October 1, 2020	25
October 4, 2021	32
October 3, 2022	35
October 5, 2023	35
October 1, 2024	39
September 2, 2025	36
October 2, 2026	44

Regulatory assets under managementSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Regulatory assets under management
As of	Regulatory assets under management
October 1, 2018	$8.4 billion
October 1, 2019	$8.4 billion
October 1, 2020	$10.6 billion
October 4, 2021	$14.7 billion
October 3, 2022	$17.9 billion
October 5, 2023	$17.8 billion
October 1, 2024	$21.9 billion
September 2, 2025	$26.5 billion
October 2, 2026	$37.2 billion

Client accountsSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Client accounts
As of	Client accounts
October 1, 2018	17,802
October 1, 2019	19,019
October 1, 2020	23,148
October 4, 2021	39,042
October 3, 2022	34,031
October 5, 2023	38,277
October 1, 2024	44,262
September 2, 2025	45,182
October 2, 2026	68,872

Median firm size (RAUM)SEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Median firm size (RAUM)
As of	Median firm size (RAUM)
October 1, 2018	$237.2 million
October 1, 2019	$180.5 million
October 1, 2020	$206.0 million
October 4, 2021	$227.0 million
October 3, 2022	$285.0 million
October 5, 2023	$261.2 million
October 1, 2024	$234.0 million
September 2, 2025	$258.5 million
October 2, 2026	$334.4 million

The market in Idaho now

Headline figures

Headline figures, as of October 2, 2026
Measure	Independent RIAs	SEC-registered	State-registered
Firms	150	44	106
Regulatory assets under management	$40.7 billion	$37.2 billion	$3.5 billion
Accounts	81,247	68,872	12,375
Clients	40,277	31,128	9,149
Employees	725	570	155
Advisory employees	529	388	141
Investment adviser representatives	590	447	143
Median RAUM	$54.4 million	$334.4 million	$28.2 million
Average RAUM	$315.5 million	$864.8 million	$40.8 million

Firms by size

Advisers grouped by regulatory assets under management.

Firms by size, as of October 2, 2026
Measure	Independent RIAs	SEC-registered	State-registered
Firms under $100 million	81	1	80
RAUM of firms under $100 million	$2.5 billion	$90.2 million	$2.4 billion
Firms $100 million to $250 million	20	15	5
RAUM of firms $100 million to $250 million	$3.4 billion	$2.9 billion	$531.1 million
Firms $250 million to $500 million	12	12	0
RAUM of firms $250 million to $500 million	$4.3 billion	$4.3 billion	$0
Firms $500 million to $1 billion	9	8	1
RAUM of firms $500 million to $1 billion	$6.6 billion	$6.0 billion	$577.6 million
Firms $1 billion to $5 billion	6	6	0
RAUM of firms $1 billion to $5 billion	$11.3 billion	$11.3 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	1	1	0
RAUM of firms $10 billion and up	$12.5 billion	$12.5 billion	$0

Concentration

How much of the market the largest advisers hold.

Concentration: independent RIAsAs of October 2, 2026.
Measure	Bar	Value
Top 10 share of RAUM		65.3%
Top 100 share of RAUM		99.6%

Concentration, as of October 2, 2026
Measure	Independent RIAs	SEC-registered	State-registered
Top 10 share of RAUM	65.3%	71.4%	41.1%
Top 100 share of RAUM	99.6%	No data	No data

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.
Measure	Bar	Value
Charge a percentage of assets		93.3%
Charge hourly fees		49.3%
Charge subscription fees		1.3%
Charge fixed fees		60.7%
Receive commissions		1.3%
Charge performance-based fees		2.7%
Other compensation		8.0%

How advisers are paid, as of October 2, 2026
Measure	Independent RIAs	SEC-registered	State-registered
Charge a percentage of assets	93.3%	100.0%	90.6%
Charge hourly fees	49.3%	43.2%	51.9%
Charge subscription fees	1.3%	2.3%	0.9%
Charge fixed fees	60.7%	68.2%	57.5%
Receive commissions	1.3%	4.5%	0.0%
Charge performance-based fees	2.7%	4.5%	1.9%
Other compensation	8.0%	4.5%	9.4%

Custody

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

Custody, as of October 2, 2026
Measure	Independent RIAs	SEC-registered	State-registered
Have custody	26.0%	56.8%	13.2%

Broker-dealer and other affiliations

From Form ADV Items 6 and 7.

Broker-dealer and other affiliations, as of October 2, 2026
Measure	Independent RIAs	SEC-registered	State-registered
Broker-dealer affiliated	0.7%	2.3%	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	Independent RIAs	SEC-registered	State-registered
New registrations	17	4	13
Successions	No data	1	No data

Other measures

Other measures, as of October 2, 2026
Measure	Independent RIAs	SEC-registered	State-registered
Firms reporting RAUM	129	43	86
Discretionary RAUM	$38.7 billion	$35.4 billion	$3.2 billion
CFP professionals	131	94	37
25th percentile RAUM	$15.9 million	$207.8 million	$9.8 million
75th percentile RAUM	$210.6 million	$786.5 million	$54.3 million
90th percentile RAUM	$587.9 million	$1.4 billion	$78.7 million
Average account size	$500,894	$539,946	$283,553
Offer financial planning	78.0%	84.1%	75.5%
RAUM growth, one year	No data	40.6%	No data

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

Cities

Boise 44 independent RIAs, $25.1 billion
Eagle 16 independent RIAs, $5.2 billion
Meridian 14 independent RIAs, $3.3 billion
Coeur D'Alene 8 independent RIAs, $1.8 billion
Ketchum 6 independent RIAs, $994.7 million
Idaho Falls 10 independent RIAs, $913.2 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.