# Independent RIAs in Mississippi

As of October 2, 2026, 58 independent wealth management RIAs based in Mississippi reported $14.9 billion in regulatory assets under management; the largest by assets was Hardy Reed, LLC, with $2.9 billion.

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

## Facts

- state: Mississippi
- code: MS
- 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: 35376, firms: 58, median_raum: 125498854.5, raum: 14913110810, advisory_employees: 177, avg_account: 421560.120137947, band_100m_250m: 15, band_100m_250m_raum: 2388184398, band_10b_plus: 0, band_10b_plus_raum: 0, band_1b_5b: 4, band_1b_5b_raum: 6980911661, band_250m_500m: 11, band_250m_500m_raum: 4072365128, band_500m_1b: 1, band_500m_1b_raum: 743663309, band_5b_10b: 0, band_5b_10b_raum: 0, band_lt100m: 23, band_lt100m_raum: 727986314, bd_affiliated_share: 0, cfp_professionals: 42, clients: 17672, custody_share: 0.5, employees: 280, fee_aum_pct_share: 0.96551724137931, fee_commissions_share: 0.0517241379310345, fee_fixed_share: 0.603448275862069, fee_hourly_share: 0.431034482758621, fee_other_share: 0.0517241379310345, fee_performance_share: 0.0344827586206897, fee_subscription_share: 0.0172413793103448, financial_planning_share: 0.810344827586207, firms_with_raum: 54, iars: 171, mean_raum: 276168718.703704, new_firms: 10, p25_raum: 24078047, p75_raum: 308051722, p90_raum: 478683725.9, raum_discretionary: 13525322493, top10_share: 0.660706765713357, independent_sec: accounts: 33700, firms: 32, median_raum: 300193261, raum: 14174014855, advisory_employees: 146, avg_account: 420593.912611276, band_100m_250m: 14, band_100m_250m_raum: 2285208729, band_10b_plus: 0, band_10b_plus_raum: 0, band_1b_5b: 4, band_1b_5b_raum: 6980911661, band_250m_500m: 11, band_250m_500m_raum: 4072365128, band_500m_1b: 1, band_500m_1b_raum: 743663309, band_5b_10b: 0, band_5b_10b_raum: 0, band_lt100m: 1, band_lt100m_raum: 91866028, bd_affiliated_share: 0, cfp_professionals: 30, clients: 16970, custody_share: 0.4375, employees: 244, fee_aum_pct_share: 1, fee_commissions_share: 0.09375, fee_fixed_share: 0.6875, fee_hourly_share: 0.46875, fee_other_share: 0.0625, fee_performance_share: 0.03125, fee_subscription_share: 0.03125, financial_planning_share: 0.84375, firms_with_raum: 31, iars: 140, mean_raum: 457226285.645161, new_firms: 5, p25_raum: 144345462, p75_raum: 406039884.5, p90_raum: 1088251596, raum_discretionary: 12965216247, raum_growth_1y: 0.235205287098778, successions: 0, top10_share: 0.695158944787207, state: accounts: 1676, firms: 26, median_raum: 19576817, raum: 739095955, advisory_employees: 31, avg_account: 440988.039976134, band_100m_250m: 1, band_100m_250m_raum: 102975669, 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: 22, band_lt100m_raum: 636120286, bd_affiliated_share: 0, cfp_professionals: 12, clients: 702, custody_share: 0.576923076923077, employees: 36, fee_aum_pct_share: 0.923076923076923, fee_commissions_share: 0, fee_fixed_share: 0.5, fee_hourly_share: 0.384615384615385, fee_other_share: 0.0384615384615385, fee_performance_share: 0.0384615384615385, fee_subscription_share: 0, financial_planning_share: 0.769230769230769, firms_with_raum: 23, iars: 31, mean_raum: 32134606.7391304, new_firms: 5, p25_raum: 2238464.5, p75_raum: 68444017, p90_raum: 85639578.6, raum_discretionary: 560106246, top10_share: 0.885777384615777
- broker_dealer_affiliated_not_included: firms: 2, raum: 345128590
- series: firms: segment: independent_sec, unit: count, points: as_of: 2018-10-01, value: 17; as_of: 2019-10-01, value: 20; as_of: 2020-10-01, value: 20; as_of: 2021-10-04, value: 22; as_of: 2022-10-03, value: 27; as_of: 2023-10-05, value: 25; as_of: 2024-10-01, value: 23; as_of: 2025-09-02, value: 24; as_of: 2026-10-02, value: 32, raum: segment: independent_sec, unit: usd, points: as_of: 2018-10-01, value: 4980129887; as_of: 2019-10-01, value: 5741528094; as_of: 2020-10-01, value: 6580907492; as_of: 2021-10-04, value: 7884521352; as_of: 2022-10-03, value: 11049038104; as_of: 2023-10-05, value: 9867358196; as_of: 2024-10-01, value: 9712363869; as_of: 2025-09-02, value: 11475027676; as_of: 2026-10-02, value: 14174014855, accounts: segment: independent_sec, unit: count, points: as_of: 2018-10-01, value: 9528; as_of: 2019-10-01, value: 15868; as_of: 2020-10-01, value: 18310; as_of: 2021-10-04, value: 20637; as_of: 2022-10-03, value: 26420; as_of: 2023-10-05, value: 28663; as_of: 2024-10-01, value: 26000; as_of: 2025-09-02, value: 28454; as_of: 2026-10-02, value: 33700, median_raum: segment: independent_sec, unit: usd, points: as_of: 2018-10-01, value: 179518461.5; as_of: 2019-10-01, value: 190200667; as_of: 2020-10-01, value: 214386956.5; as_of: 2021-10-04, value: 253895824; as_of: 2022-10-03, value: 268701792; as_of: 2023-10-05, value: 250950733; as_of: 2024-10-01, value: 262000000; as_of: 2025-09-02, value: 287704073; as_of: 2026-10-02, value: 300193261
- top_10: largest: rank: 1, crd: 141024, firm: Hardy Reed, LLC, city: Tupelo, value: 2890705950; rank: 2, crd: 298398, firm: Mag Cap, city: Ridgeland, value: 1691479335; rank: 3, crd: 142944, firm: Barnes Pettey Financial Advisors, LLC, city: Clarksdale, value: 1310474780; rank: 4, crd: 157616, firm: Financial Concepts, city: Columbus, value: 1088251596; rank: 5, crd: 114968, firm: Element Wealth, LLC, city: Ridgeland, value: 743663309; rank: 6, crd: 311685, firm: Argent Wealth, LLC, city: Ridgeland, value: 487289663; rank: 7, crd: 304659, firm: Legacy Wealth Management, LLC, city: Ridgeland, value: 458603206; rank: 8, crd: 115046, firm: Mascagni Wealth Management, Inc., city: Clinton, value: 424500000; rank: 9, crd: 318599, firm: Resolute Wealth Strategies, LLC, city: Jackson, value: 387579769; rank: 10, crd: 312823, firm: Langley Wealth Management, LLC, city: Corinth, value: 370645602, fastest-growing: rank: 1, crd: 297059, firm: Simplified Wealth Management, city: Hattiesburg, value: 0.256556684641789; rank: 2, crd: 312823, firm: Langley Wealth Management, LLC, city: Corinth, value: 0.247343413896969; rank: 3, crd: 141024, firm: Hardy Reed, LLC, city: Tupelo, value: 0.226200863326432; rank: 4, crd: 318599, firm: Resolute Wealth Strategies, LLC, city: Jackson, value: 0.22607990172425; rank: 5, crd: 157616, firm: Financial Concepts, city: Columbus, value: 0.222732051770901; rank: 6, crd: 333768, firm: Gainspoletti Wealth Planners, city: Cleveland, value: 0.209523809523809; rank: 7, crd: 145247, firm: Abridge Partners, LLC, city: Jackson, value: 0.206051582612072; rank: 8, crd: 319226, firm: Phillips Wealth Planners LLC, city: Starkville, value: 0.189185170283934; rank: 9, crd: 329603, firm: Inman Jager Wealth Management, LLC, city: Hattiesburg, value: 0.188903695326777; rank: 10, crd: 286261, firm: Sound Financial Strategies Group, LLC, city: Madison, value: 0.184696414559818, fastest-growing-3-year: rank: 1, crd: 141024, firm: Hardy Reed, LLC, city: Tupelo, value: 0.25892023644498; rank: 2, crd: 298398, firm: Mag Cap, city: Ridgeland, value: 0.241360059319957; rank: 3, crd: 297059, firm: Simplified Wealth Management, city: Hattiesburg, value: 0.230598093874769; rank: 4, crd: 312823, firm: Langley Wealth Management, LLC, city: Corinth, value: 0.220457807649171; rank: 5, crd: 115613, firm: McAllister Capital Management, city: Jackson, value: 0.216538657593566; rank: 6, crd: 318599, firm: Resolute Wealth Strategies, LLC, city: Jackson, value: 0.193520491528756; rank: 7, crd: 282244, firm: Addicus Advisory, LLC, city: Tupelo, value: 0.190070658326584; rank: 8, crd: 157616, firm: Financial Concepts, city: Columbus, value: 0.189545960969891; rank: 9, crd: 304659, firm: Legacy Wealth Management, LLC, city: Ridgeland, value: 0.188635135528656; rank: 10, crd: 115046, firm: Mascagni Wealth Management, Inc., city: Clinton, value: 0.184069492865321, fastest-growing-5-year: rank: 1, crd: 311685, firm: Argent Wealth, LLC, city: Ridgeland, value: 0.293971695524504; rank: 2, crd: 114968, firm: Element Wealth, LLC, city: Ridgeland, value: 0.184680932831244; rank: 3, crd: 141024, firm: Hardy Reed, LLC, city: Tupelo, value: 0.15216021493464; rank: 4, crd: 115613, firm: McAllister Capital Management, city: Jackson, value: 0.149076117304043; rank: 5, crd: 282244, firm: Addicus Advisory, LLC, city: Tupelo, value: 0.133509971578544; rank: 6, crd: 312823, firm: Langley Wealth Management, LLC, city: Corinth, value: 0.121789697062924; rank: 7, crd: 304659, firm: Legacy Wealth Management, LLC, city: Ridgeland, value: 0.12091240564307; rank: 8, crd: 113925, firm: New Perspectives, Inc., city: Ridgeland, value: 0.120197470029764; rank: 9, crd: 115046, firm: Mascagni Wealth Management, Inc., city: Clinton, value: 0.108134856056953; rank: 10, crd: 298398, firm: Mag Cap, city: Ridgeland, value: 0.102311437064387, biggest-asset-gains: rank: 1, crd: 141024, firm: Hardy Reed, LLC, city: Tupelo, value: 533256990; rank: 2, crd: 298398, firm: Mag Cap, city: Ridgeland, value: 208765226; rank: 3, crd: 157616, firm: Financial Concepts, city: Columbus, value: 198235182; rank: 4, crd: 142944, firm: Barnes Pettey Financial Advisors, LLC, city: Clarksdale, value: 187351987; rank: 5, crd: 114968, firm: Element Wealth, LLC, city: Ridgeland, value: 101720314; rank: 6, crd: 312823, firm: Langley Wealth Management, LLC, city: Corinth, value: 73497601; rank: 7, crd: 318599, firm: Resolute Wealth Strategies, LLC, city: Jackson, value: 71466791; rank: 8, crd: 115046, firm: Mascagni Wealth Management, Inc., city: Clinton, value: 58951648; rank: 9, crd: 319226, firm: Phillips Wealth Planners LLC, city: Starkville, value: 54216303; rank: 10, crd: 311685, firm: Argent Wealth, LLC, city: Ridgeland, value: 48015428, most-clients: rank: 1, crd: 142944, firm: Barnes Pettey Financial Advisors, LLC, city: Clarksdale, value: 3398; rank: 2, crd: 157616, firm: Financial Concepts, city: Columbus, value: 2537; rank: 3, crd: 298398, firm: Mag Cap, city: Ridgeland, value: 1566; rank: 4, crd: 312823, firm: Langley Wealth Management, LLC, city: Corinth, value: 1229; rank: 5, crd: 114968, firm: Element Wealth, LLC, city: Ridgeland, value: 743; rank: 6, crd: 115046, firm: Mascagni Wealth Management, Inc., city: Clinton, value: 736; rank: 7, crd: 297059, firm: Simplified Wealth Management, city: Hattiesburg, value: 712; rank: 8, crd: 286261, firm: Sound Financial Strategies Group, LLC, city: Madison, value: 593; rank: 9, crd: 311685, firm: Argent Wealth, LLC, city: Ridgeland, value: 470; rank: 10, crd: 113925, firm: New Perspectives, Inc., city: Ridgeland, value: 423, client-growth: rank: 1, crd: 312823, firm: Langley Wealth Management, LLC, city: Corinth, value: 0.559644670050761; rank: 2, crd: 319226, firm: Phillips Wealth Planners LLC, city: Starkville, value: 0.426666666666667; rank: 3, crd: 142944, firm: Barnes Pettey Financial Advisors, LLC, city: Clarksdale, value: 0.408789386401327; rank: 4, crd: 333768, firm: Gainspoletti Wealth Planners, city: Cleveland, value: 0.366120218579235; rank: 5, crd: 282244, firm: Addicus Advisory, LLC, city: Tupelo, value: 0.174528301886792; rank: 6, crd: 329603, firm: Inman Jager Wealth Management, LLC, city: Hattiesburg, value: 0.133640552995392; rank: 7, crd: 114968, firm: Element Wealth, LLC, city: Ridgeland, value: 0.0942562592047129; rank: 8, crd: 115613, firm: McAllister Capital Management, city: Jackson, value: 0.0880829015544042; rank: 9, crd: 311685, firm: Argent Wealth, LLC, city: Ridgeland, value: 0.0854503464203233; rank: 10, crd: 141024, firm: Hardy Reed, LLC, city: Tupelo, value: 0.0797872340425532, most-accounts: rank: 1, crd: 157616, firm: Financial Concepts, city: Columbus, value: 5235; rank: 2, crd: 298398, firm: Mag Cap, city: Ridgeland, value: 4324; rank: 3, crd: 142944, firm: Barnes Pettey Financial Advisors, LLC, city: Clarksdale, value: 3303; rank: 4, crd: 319226, firm: Phillips Wealth Planners LLC, city: Starkville, value: 2986; rank: 5, crd: 115046, firm: Mascagni Wealth Management, Inc., city: Clinton, value: 1948; rank: 6, crd: 312823, firm: Langley Wealth Management, LLC, city: Corinth, value: 1827; rank: 7, crd: 114968, firm: Element Wealth, LLC, city: Ridgeland, value: 1759; rank: 8, crd: 297059, firm: Simplified Wealth Management, city: Hattiesburg, value: 1642; rank: 9, crd: 113925, firm: New Perspectives, Inc., city: Ridgeland, value: 1145; rank: 10, crd: 141024, firm: Hardy Reed, LLC, city: Tupelo, value: 997, most-advisory-staff: rank: 1, crd: 282244, firm: Addicus Advisory, LLC, city: Tupelo, value: 21; rank: 2, crd: 298398, firm: Mag Cap, city: Ridgeland, value: 13; rank: 3, crd: 141024, firm: Hardy Reed, LLC, city: Tupelo, value: 12; rank: 4, crd: 114968, firm: Element Wealth, LLC, city: Ridgeland, value: 9; rank: 5, crd: 142944, firm: Barnes Pettey Financial Advisors, LLC, city: Clarksdale, value: 8; rank: 6, crd: 297059, firm: Simplified Wealth Management, city: Hattiesburg, value: 7; rank: 7, crd: 311685, firm: Argent Wealth, LLC, city: Ridgeland, value: 6; rank: 8, crd: 318599, firm: Resolute Wealth Strategies, LLC, city: Jackson, value: 5; rank: 9, crd: 113925, firm: New Perspectives, Inc., city: Ridgeland, value: 4; rank: 9, crd: 115046, firm: Mascagni Wealth Management, Inc., city: Clinton, value: 4, most-hnw-clients: rank: 1, crd: 142944, firm: Barnes Pettey Financial Advisors, LLC, city: Clarksdale, value: 945; rank: 2, crd: 157616, firm: Financial Concepts, city: Columbus, value: 310; rank: 3, crd: 298398, firm: Mag Cap, city: Ridgeland, value: 236; rank: 4, crd: 141024, firm: Hardy Reed, LLC, city: Tupelo, value: 203; rank: 5, crd: 311685, firm: Argent Wealth, LLC, city: Ridgeland, value: 139; rank: 6, crd: 318599, firm: Resolute Wealth Strategies, LLC, city: Jackson, value: 135; rank: 7, crd: 114968, firm: Element Wealth, LLC, city: Ridgeland, value: 122; rank: 8, crd: 145247, firm: Abridge Partners, LLC, city: Jackson, value: 116; rank: 9, crd: 319226, firm: Phillips Wealth Planners LLC, city: Starkville, value: 114; rank: 10, crd: 115046, firm: Mascagni Wealth Management, Inc., city: Clinton, value: 113, most-cfp-professionals: rank: 1, crd: 142944, firm: Barnes Pettey Financial Advisors, LLC, city: Clarksdale, value: 3; rank: 2, crd: 114968, firm: Element Wealth, LLC, city: Ridgeland, value: 2; rank: 2, crd: 115046, firm: Mascagni Wealth Management, Inc., city: Clinton, value: 2; rank: 2, crd: 141024, firm: Hardy Reed, LLC, city: Tupelo, value: 2; rank: 2, crd: 175254, firm: Renaissance Advisors, city: Ridgeland, value: 2; rank: 2, crd: 286261, firm: Sound Financial Strategies Group, LLC, city: Madison, value: 2; rank: 2, crd: 298398, firm: Mag Cap, city: Ridgeland, value: 2; rank: 2, crd: 305122, firm: Inspired Financial Planners, city: Gulfport, value: 2; rank: 2, crd: 307258, firm: Easley Investment Consultants, Inc., city: Ridgeland, value: 2; rank: 2, crd: 312823, firm: Langley Wealth Management, LLC, city: Corinth, value: 2, newest: rank: 1, crd: 149447, firm: Fruge' Capital Advisors, LLC (Formerly Oxford Investment Adv), city: Oxford, value: 141208889; rank: 2, crd: 113983, firm: Lee-Way Financial Services, Inc, city: Hattiesburg, value: 132100000; rank: 3, crd: 339998, firm: Haire Wealth Management, Inc., city: Tupelo, value: 101972292; rank: 4, crd: 296877, firm: Newsong Capital Management, Inc., city: Hattiesburg, value: 100405993; rank: 5, crd: 336688, firm: Dental Wealth Partners LLC, city: Jackson, value: 26790503; rank: 6, crd: 341169, firm: Caldric Capital, city: Seminary, value: 793237; rank: 7, crd: 338293, firm: Pers Pro, city: Vancleave, value: 0; rank: 7, crd: 339544, firm: Voyage Wealth Management, LLC, city: D'Iberville, value: 0; rank: 7, crd: 341299, firm: Prism Wealth Partners, LLC, city: Waveland, value: 0; rank: 7, crd: 342570, firm: Trueline Wealth Group, LLC, city: Hattiesburg, value: 0
- cities: name: Ridgeland, independent_rias: 11, raum: 4468378749, url: https://advisoriq.com/ria/states/mississippi/ridgeland/; name: Jackson, independent_rias: 9, raum: 1494613861, url: https://advisoriq.com/ria/states/mississippi/jackson/; name: Madison, independent_rias: 6, raum: 697800251, url: https://advisoriq.com/ria/states/mississippi/madison/; name: Hattiesburg, independent_rias: 5, raum: 683046210, url: https://advisoriq.com/ria/states/mississippi/hattiesburg/
- 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 Mississippi](https://advisoriq.com/ria/rankings/largest/mississippi/)
- [Fastest-growing independent RIAs over one year in Mississippi](https://advisoriq.com/ria/rankings/fastest-growing/mississippi/)
- [Fastest-growing independent RIAs over three years in Mississippi](https://advisoriq.com/ria/rankings/fastest-growing-3-year/mississippi/)
- [Fastest-growing independent RIAs over five years in Mississippi](https://advisoriq.com/ria/rankings/fastest-growing-5-year/mississippi/)
- [IAR CE in Mississippi](https://advisoriq.com/ce/iar/mississippi/)

## Cite as

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

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