{"type":"ria_states","disclaimer":"Firm-level data as reported on Form ADV to the SEC and state regulators; corrections are made on Form ADV and appear after the next monthly reload.","title":"RIA market data by state","lead":"As of October 2, 2026, independent RIAs based in California reported the most regulatory assets under management of any state, $1.5 trillion, and California also had the most independent RIAs, 3,221.","as_of":"2026-10-02","facts":{"population":"Independent wealth management RIAs: firms whose individual and high net worth clients hold at least half of their regulatory assets and that offer financial planning or portfolio management for individuals, leaving out broker-dealers, banks and their advisory arms. 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Information About Registered Investment Advisers (ia100226.zip)"},{"url":"https://adviserinfo.sec.gov/compilation","checked":"2026-10-07","label":"IAPD compilation reports (IA_FIRM_STATE_Feed_10_07_2026.xml.gz)"}],"related":[{"title":"RIA industry data","url":"https://advisoriq.com/ria/industry/"},{"title":"RIA rankings","url":"https://advisoriq.com/ria/rankings/"}],"notes":["SEC-registered independent RIAs' assets, September 2, 2025 to October 2, 2026.","Firms are placed in the state of their main office.","Independent share: independent RIAs' part of the regulatory assets of every wealth firm based in the state, broker-dealer affiliated firms included."],"url":"https://advisoriq.com/ria/states/","citation":"AdvisorIQ, as of 2026-10-02. https://advisoriq.com/ria/states/","license":"https://advisoriq.com/license/","publisher":"AdvisorIQ, independent education for financial advisors"}