# Independent RIAs in Kentucky

As of October 2, 2026, 148 independent wealth management RIAs based in Kentucky reported $45.4 billion in regulatory assets under management; the largest by assets was Meridian Wealth Management, LLC, with $5.0 billion.

As of: 2026-10-02
Address: https://advisoriq.com/ria/states/kentucky/

## Facts

- state: Kentucky
- code: KY
- 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. Asset managers, private fund managers and pension consultants are not in the directory.
- latest: independent: accounts: 115912, firms: 148, median_raum: 84078525, raum: 45433853824, advisory_employees: 578, avg_account: 391968.509075851, band_100m_250m: 17, band_100m_250m_raum: 2750215533, band_10b_plus: 0, band_10b_plus_raum: 0, band_1b_5b: 12, band_1b_5b_raum: 25228504815, band_250m_500m: 26, band_250m_500m_raum: 9192367209, band_500m_1b: 9, band_500m_1b_raum: 6152214573, band_5b_10b: 0, band_5b_10b_raum: 0, band_lt100m: 71, band_lt100m_raum: 2110551694, bd_affiliated_share: 0.0202702702702703, cfp_professionals: 190, clients: 61681, custody_share: 0.337837837837838, employees: 940, fee_aum_pct_share: 0.945945945945946, fee_commissions_share: 0, fee_fixed_share: 0.695945945945946, fee_hourly_share: 0.459459459459459, fee_other_share: 0.0608108108108108, fee_performance_share: 0.0675675675675676, fee_subscription_share: 0.00675675675675676, financial_planning_share: 0.777027027027027, firms_with_raum: 135, iars: 601, mean_raum: 336547065.362963, new_firms: 11, p25_raum: 20335958, p75_raum: 335748667.5, p90_raum: 809843409, raum_discretionary: 42461457367, top100_share: 0.993020514411382, top10_share: 0.505842433090274, independent_sec: accounts: 106734, firms: 66, median_raum: 345405516.5, raum: 43426895936, advisory_employees: 472, avg_account: 406870.312515225, band_100m_250m: 17, band_100m_250m_raum: 2750215533, band_10b_plus: 0, band_10b_plus_raum: 0, band_1b_5b: 12, band_1b_5b_raum: 25228504815, band_250m_500m: 26, band_250m_500m_raum: 9192367209, band_500m_1b: 9, band_500m_1b_raum: 6152214573, band_5b_10b: 0, band_5b_10b_raum: 0, band_lt100m: 2, band_lt100m_raum: 103593806, bd_affiliated_share: 0.0454545454545455, cfp_professionals: 154, clients: 56472, custody_share: 0.53030303030303, employees: 801, fee_aum_pct_share: 0.984848484848485, fee_commissions_share: 0, fee_fixed_share: 0.742424242424242, fee_hourly_share: 0.484848484848485, fee_other_share: 0.0606060606060606, fee_performance_share: 0.121212121212121, fee_subscription_share: 0, financial_planning_share: 0.833333333333333, firms_with_raum: 66, iars: 490, mean_raum: 657983271.757576, new_firms: 5, p25_raum: 216619962.5, p75_raum: 614545672.25, p90_raum: 1449927482, raum_discretionary: 40733309802, raum_growth_1y: 0.445226713953266, successions: 0, top10_share: 0.529219753511051, state: accounts: 9178, firms: 82, median_raum: 20810000, raum: 2006957888, advisory_employees: 106, avg_account: 218670.504249292, band_100m_250m: 0, band_100m_250m_raum: 0, band_10b_plus: 0, band_10b_plus_raum: 0, band_1b_5b: 0, band_1b_5b_raum: 0, band_250m_500m: 0, band_250m_500m_raum: 0, band_500m_1b: 0, band_500m_1b_raum: 0, band_5b_10b: 0, band_5b_10b_raum: 0, band_lt100m: 69, band_lt100m_raum: 2006957888, bd_affiliated_share: 0, cfp_professionals: 36, clients: 5209, custody_share: 0.182926829268293, employees: 139, fee_aum_pct_share: 0.914634146341463, fee_commissions_share: 0, fee_fixed_share: 0.658536585365854, fee_hourly_share: 0.439024390243902, fee_other_share: 0.0609756097560976, fee_performance_share: 0.024390243902439, fee_subscription_share: 0.0121951219512195, financial_planning_share: 0.731707317073171, firms_with_raum: 69, iars: 111, mean_raum: 29086346.2028986, new_firms: 6, p25_raum: 8004015, p75_raum: 49341326, p90_raum: 62132989.6, raum_discretionary: 1728147565, top10_share: 0.370974787987181
- broker_dealer_affiliated_not_included: firms: 4, raum: 2537900124
- series: firms: segment: independent_sec, unit: count, points: as_of: 2018-10-01, value: 38; as_of: 2019-10-01, value: 38; as_of: 2020-10-01, value: 44; as_of: 2021-10-04, value: 50; as_of: 2022-10-03, value: 56; as_of: 2023-10-05, value: 63; as_of: 2024-10-01, value: 63; as_of: 2025-09-02, value: 60; as_of: 2026-10-02, value: 66, raum: segment: independent_sec, unit: usd, points: as_of: 2018-10-01, value: 12559842484; as_of: 2019-10-01, value: 12902818254; as_of: 2020-10-01, value: 16889145510; as_of: 2021-10-04, value: 21163996941; as_of: 2022-10-03, value: 26704138558; as_of: 2023-10-05, value: 27154796117; as_of: 2024-10-01, value: 26561492775; as_of: 2025-09-02, value: 30048500707; as_of: 2026-10-02, value: 43426895936, accounts: segment: independent_sec, unit: count, points: as_of: 2018-10-01, value: 39729; as_of: 2019-10-01, value: 46231; as_of: 2020-10-01, value: 53438; as_of: 2021-10-04, value: 61809; as_of: 2022-10-03, value: 70136; as_of: 2023-10-05, value: 84093; as_of: 2024-10-01, value: 101122; as_of: 2025-09-02, value: 79968; as_of: 2026-10-02, value: 106734, median_raum: segment: independent_sec, unit: usd, points: as_of: 2018-10-01, value: 220000000; as_of: 2019-10-01, value: 216056196.5; as_of: 2020-10-01, value: 201300000; as_of: 2021-10-04, value: 247359990.5; as_of: 2022-10-03, value: 264902990; as_of: 2023-10-05, value: 242071323; as_of: 2024-10-01, value: 280515969; as_of: 2025-09-02, value: 313810078; as_of: 2026-10-02, value: 345405516.5
- top_10: largest: rank: 1, crd: 151523, firm: Meridian Wealth Management, LLC, city: Lexington, value: 4983377516; rank: 2, crd: 130372, firm: MCF Advisors, LLC, city: Lexington, value: 4684530591; rank: 3, crd: 170201, firm: Keystone Financial Group, LLC, city: Lexington, value: 2338235877; rank: 4, crd: 107447, firm: E. S. Barr & Company, city: Lexington, value: 2220368166; rank: 5, crd: 171919, firm: Journey Advisory Group, LLC, city: Covington, value: 1654120334; rank: 6, crd: 175104, firm: The Gleason Group, Inc., city: Prospect, value: 1608980758; rank: 7, crd: 158675, firm: Legacy Financial Advisors, Inc., city: Covington, value: 1515563474; rank: 8, crd: 165474, firm: Strategic Wealth Investment Group, LLC, city: Louisville, value: 1384291490; rank: 9, crd: 325308, firm: Barlow Wealth Partners, LLC, city: Louisville, value: 1351891275; rank: 10, crd: 289507, firm: KPP Advisory Services LLC, city: Louisville, value: 1241011682, fastest-growing: rank: 1, crd: 333071, firm: Churchill Financial Advisors, LLC, city: Louisville, value: 1.14487286444593; rank: 2, crd: 125147, firm: Spectrum Financial Alliance, Ltd., L.L.C., city: Nicholasville, value: 1.00200423692486; rank: 3, crd: 299363, firm: Castellan, city: Louisville, value: 0.778380707428915; rank: 4, crd: 331339, firm: LFG Wealth Partners, LLC, city: Elizabethtown, value: 0.702476323707846; rank: 5, crd: 175104, firm: The Gleason Group, Inc., city: Prospect, value: 0.652168513999185; rank: 6, crd: 329512, firm: Demeter Tactical Investments Corp., city: Prospect, value: 0.433658980644998; rank: 7, crd: 289507, firm: KPP Advisory Services LLC, city: Louisville, value: 0.419513136604528; rank: 8, crd: 130372, firm: MCF Advisors, LLC, city: Lexington, value: 0.407042411443287; rank: 9, crd: 284064, firm: FWG Investments, LLC, city: Lexington, value: 0.395747262031439; rank: 10, crd: 289436, firm: Owen Larue Financial Group, city: Elizabethtown, value: 0.337280474234648, fastest-growing-3-year: rank: 1, crd: 125147, firm: Spectrum Financial Alliance, Ltd., L.L.C., city: Nicholasville, value: 0.528063536047677; rank: 2, crd: 299363, firm: Castellan, city: Louisville, value: 0.386627736623647; rank: 3, crd: 173029, firm: Wrenne Financial Planning LLC, city: Lexington, value: 0.381653246358912; rank: 4, crd: 175104, firm: The Gleason Group, Inc., city: Prospect, value: 0.377315986966061; rank: 5, crd: 312817, firm: Paragon Private Wealth Management LLC, city: Lexington, value: 0.353270355084589; rank: 6, crd: 151523, firm: Meridian Wealth Management, LLC, city: Lexington, value: 0.341155847351919; rank: 7, crd: 311575, firm: Retirement Planning Solutions, LLC, city: Louisville, value: 0.338351818609622; rank: 8, crd: 323656, firm: Family Wealth Planning Partners, city: Louisville, value: 0.30644676491825; rank: 9, crd: 165474, firm: Strategic Wealth Investment Group, LLC, city: Louisville, value: 0.301546951042583; rank: 10, crd: 298326, firm: Asio Capital LLC, city: Lexington, value: 0.269725677032404, fastest-growing-5-year: rank: 1, crd: 299363, firm: Castellan, city: Louisville, value: 0.424899652276747; rank: 2, crd: 311575, firm: Retirement Planning Solutions, LLC, city: Louisville, value: 0.314008424256877; rank: 3, crd: 165474, firm: Strategic Wealth Investment Group, LLC, city: Louisville, value: 0.296451672512022; rank: 4, crd: 151523, firm: Meridian Wealth Management, LLC, city: Lexington, value: 0.277173579253851; rank: 5, crd: 175104, firm: The Gleason Group, Inc., city: Prospect, value: 0.268816827450479; rank: 6, crd: 125147, firm: Spectrum Financial Alliance, Ltd., L.L.C., city: Nicholasville, value: 0.255640679697091; rank: 7, crd: 145457, firm: Tony Walker Financial, city: Bowling Green, value: 0.24007410842817; rank: 8, crd: 289507, firm: KPP Advisory Services LLC, city: Louisville, value: 0.233967381386323; rank: 9, crd: 312817, firm: Paragon Private Wealth Management LLC, city: Lexington, value: 0.23378929585423; rank: 10, crd: 298326, firm: Asio Capital LLC, city: Lexington, value: 0.226296120864108, biggest-asset-gains: rank: 1, crd: 130372, firm: MCF Advisors, LLC, city: Lexington, value: 1355184899; rank: 2, crd: 151523, firm: Meridian Wealth Management, LLC, city: Lexington, value: 1097850105; rank: 3, crd: 175104, firm: The Gleason Group, Inc., city: Prospect, value: 635120801; rank: 4, crd: 170201, firm: Keystone Financial Group, LLC, city: Lexington, value: 479297340; rank: 5, crd: 125147, firm: Spectrum Financial Alliance, Ltd., L.L.C., city: Nicholasville, value: 406914113; rank: 6, crd: 299363, firm: Castellan, city: Louisville, value: 386144255; rank: 7, crd: 289507, firm: KPP Advisory Services LLC, city: Louisville, value: 366760046; rank: 8, crd: 333071, firm: Churchill Financial Advisors, LLC, city: Louisville, value: 279089134; rank: 9, crd: 165474, firm: Strategic Wealth Investment Group, LLC, city: Louisville, value: 273334510; rank: 10, crd: 158675, firm: Legacy Financial Advisors, Inc., city: Covington, value: 259946122, most-clients: rank: 1, crd: 170201, firm: Keystone Financial Group, LLC, city: Lexington, value: 6628; rank: 2, crd: 151523, firm: Meridian Wealth Management, LLC, city: Lexington, value: 5584; rank: 3, crd: 289507, firm: KPP Advisory Services LLC, city: Louisville, value: 3995; rank: 4, crd: 165474, firm: Strategic Wealth Investment Group, LLC, city: Louisville, value: 3903; rank: 5, crd: 130372, firm: MCF Advisors, LLC, city: Lexington, value: 3541; rank: 6, crd: 283056, firm: Magnate Advisory Services, LLC, city: Louisville, value: 3152; rank: 7, crd: 145457, firm: Tony Walker Financial, city: Bowling Green, value: 2078; rank: 8, crd: 284064, firm: FWG Investments, LLC, city: Lexington, value: 2057; rank: 9, crd: 286230, firm: Reliant Wealth Planning, LLC, city: Louisville, value: 1701; rank: 10, crd: 323656, firm: Family Wealth Planning Partners, city: Louisville, value: 1466, client-growth: rank: 1, crd: 323656, firm: Family Wealth Planning Partners, city: Louisville, value: 0.844025157232704; rank: 2, crd: 289436, firm: Owen Larue Financial Group, city: Elizabethtown, value: 0.423140495867769; rank: 3, crd: 151523, firm: Meridian Wealth Management, LLC, city: Lexington, value: 0.391824526420738; rank: 4, crd: 323541, firm: Guidance Capital, Inc., city: Louisville, value: 0.326923076923077; rank: 5, crd: 284064, firm: FWG Investments, LLC, city: Lexington, value: 0.29452485840151; rank: 6, crd: 331339, firm: LFG Wealth Partners, LLC, city: Elizabethtown, value: 0.267605633802817; rank: 7, crd: 130372, firm: MCF Advisors, LLC, city: Lexington, value: 0.251236749116608; rank: 8, crd: 125147, firm: Spectrum Financial Alliance, Ltd., L.L.C., city: Nicholasville, value: 0.225454545454545; rank: 9, crd: 283056, firm: Magnate Advisory Services, LLC, city: Louisville, value: 0.214175654853621; rank: 10, crd: 289507, firm: KPP Advisory Services LLC, city: Louisville, value: 0.173274596182085, most-accounts: rank: 1, crd: 151523, firm: Meridian Wealth Management, LLC, city: Lexington, value: 12298; rank: 2, crd: 165474, firm: Strategic Wealth Investment Group, LLC, city: Louisville, value: 8606; rank: 3, crd: 130372, firm: MCF Advisors, LLC, city: Lexington, value: 7540; rank: 4, crd: 170201, firm: Keystone Financial Group, LLC, city: Lexington, value: 6628; rank: 5, crd: 289507, firm: KPP Advisory Services LLC, city: Louisville, value: 3995; rank: 6, crd: 158675, firm: Legacy Financial Advisors, Inc., city: Covington, value: 3721; rank: 7, crd: 284064, firm: FWG Investments, LLC, city: Lexington, value: 3534; rank: 8, crd: 311575, firm: Retirement Planning Solutions, LLC, city: Louisville, value: 2812; rank: 9, crd: 145457, firm: Tony Walker Financial, city: Bowling Green, value: 2754; rank: 10, crd: 324258, firm: Legacy Financial Independent Advisors LLC, city: Louisville, value: 2614, most-advisory-staff: rank: 1, crd: 151523, firm: Meridian Wealth Management, LLC, city: Lexington, value: 59; rank: 2, crd: 165474, firm: Strategic Wealth Investment Group, LLC, city: Louisville, value: 41; rank: 3, crd: 170201, firm: Keystone Financial Group, LLC, city: Lexington, value: 33; rank: 4, crd: 130372, firm: MCF Advisors, LLC, city: Lexington, value: 30; rank: 5, crd: 289507, firm: KPP Advisory Services LLC, city: Louisville, value: 26; rank: 6, crd: 171919, firm: Journey Advisory Group, LLC, city: Covington, value: 15; rank: 7, crd: 158675, firm: Legacy Financial Advisors, Inc., city: Covington, value: 12; rank: 8, crd: 284064, firm: FWG Investments, LLC, city: Lexington, value: 10; rank: 9, crd: 283226, firm: Saling Wealth Advisors, city: Louisville, value: 9; rank: 10, crd: 152695, firm: Ballast, Inc., city: Lexington, value: 8, most-hnw-clients: rank: 1, crd: 151523, firm: Meridian Wealth Management, LLC, city: Lexington, value: 1022; rank: 2, crd: 130372, firm: MCF Advisors, LLC, city: Lexington, value: 648; rank: 3, crd: 286230, firm: Reliant Wealth Planning, LLC, city: Louisville, value: 642; rank: 4, crd: 158675, firm: Legacy Financial Advisors, Inc., city: Covington, value: 482; rank: 5, crd: 170201, firm: Keystone Financial Group, LLC, city: Lexington, value: 464; rank: 6, crd: 171919, firm: Journey Advisory Group, LLC, city: Covington, value: 337; rank: 7, crd: 289507, firm: KPP Advisory Services LLC, city: Louisville, value: 318; rank: 8, crd: 325308, firm: Barlow Wealth Partners, LLC, city: Louisville, value: 312; rank: 9, crd: 125147, firm: Spectrum Financial Alliance, Ltd., L.L.C., city: Nicholasville, value: 287; rank: 10, crd: 165474, firm: Strategic Wealth Investment Group, LLC, city: Louisville, value: 286, most-cfp-professionals: rank: 1, crd: 130372, firm: MCF Advisors, LLC, city: Lexington, value: 21; rank: 2, crd: 151523, firm: Meridian Wealth Management, LLC, city: Lexington, value: 10; rank: 3, crd: 170201, firm: Keystone Financial Group, LLC, city: Lexington, value: 9; rank: 3, crd: 289507, firm: KPP Advisory Services LLC, city: Louisville, value: 9; rank: 5, crd: 173029, firm: Wrenne Financial Planning LLC, city: Lexington, value: 7; rank: 6, crd: 152695, firm: Ballast, Inc., city: Lexington, value: 6; rank: 6, crd: 283226, firm: Saling Wealth Advisors, city: Louisville, value: 6; rank: 6, crd: 286230, firm: Reliant Wealth Planning, LLC, city: Louisville, value: 6; rank: 9, crd: 153650, firm: Altus Wealth Management, LLC, city: Fort Mitchell, value: 5; rank: 9, crd: 158675, firm: Legacy Financial Advisors, Inc., city: Covington, value: 5, newest: rank: 1, crd: 339285, firm: Access Wealth Management, LLC, city: Louisville, value: 357683282; rank: 2, crd: 138143, firm: Principled Wealth Advisors, LLC, city: Covington, value: 252109486; rank: 3, crd: 314832, firm: Abri LLC, city: Lexington, value: 114386423; rank: 4, crd: 170046, firm: Graeter Wealth Advisors, LLC, city: Louisville, value: 104897434; rank: 5, crd: 161087, firm: Riverstone Asset Management, LLC, city: Louisville, value: 103037541; rank: 6, crd: 337969, firm: Wrightpoint Wealth, city: Louisville, value: 2323854; rank: 7, crd: 337875, firm: Bloom Financial LLC, city: Lagrange, value: 0; rank: 7, crd: 339025, firm: Tenet Portfolio Management, city: Nicholasville, value: 0; rank: 7, crd: 339221, firm: Saecula Wealth LLC, city: Georgetown, value: 0; rank: 7, crd: 340413, firm: Mark Investment Advisors, city: Louisville, value: 0
- cities: name: Lexington, independent_rias: 39, raum: 20363381530, url: https://advisoriq.com/ria/states/kentucky/lexington/; name: Louisville, independent_rias: 55, raum: 14977934246, url: https://advisoriq.com/ria/states/kentucky/louisville/; name: Prospect, independent_rias: 5, raum: 2151983867, url: https://advisoriq.com/ria/states/kentucky/prospect/; name: Owensboro, independent_rias: 5, raum: 122246297, url: https://advisoriq.com/ria/states/kentucky/owensboro/
- iar_ce_status: in effect

## Notes

- Firms are placed in the state of their main office.
- History covers SEC-registered firms only, from October 2018.

## Sources

- SEC, Information About Registered Investment Advisers (ia100226.zip), checked 2026-10-07: https://www.sec.gov/files/investment/data/other/information-about-registered-investment-advisers-exempt-reporting-advisers/ia100226.zip
- IAPD compilation reports (IA_FIRM_STATE_Feed_10_07_2026.xml.gz), checked 2026-10-07: https://adviserinfo.sec.gov/compilation
- NASAA IAR CE map, checked 2026-10-05: https://www.nasaa.org/industry-resources/investment-advisers/investment-adviser-representative-continuing-education/iar-ce-map/

## Related

- [RIA market data by state](https://advisoriq.com/ria/states/)
- [Largest independent RIAs by assets under management in Kentucky](https://advisoriq.com/ria/rankings/largest/kentucky/)
- [Fastest-growing independent RIAs over one year in Kentucky](https://advisoriq.com/ria/rankings/fastest-growing/kentucky/)
- [Fastest-growing independent RIAs over three years in Kentucky](https://advisoriq.com/ria/rankings/fastest-growing-3-year/kentucky/)
- [Fastest-growing independent RIAs over five years in Kentucky](https://advisoriq.com/ria/rankings/fastest-growing-5-year/kentucky/)
- [IAR CE in Kentucky](https://advisoriq.com/ce/iar/kentucky/)

## Cite as

AdvisorIQ, as of 2026-10-02. https://advisoriq.com/ria/states/kentucky/

License: https://advisoriq.com/license/