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Independent RIAs in Nebraska

As of October 2, 2026, 116 independent wealth management RIAs based in Nebraska reported $97.7 billion in regulatory assets under management; the largest by assets was CWM, LLC, with $50.6 billion.

Include wirehouses and broker-dealer firms

Independent wealth management RIAs
116
SEC-registered
50
State-registered
66
Regulatory assets under management
$97.7 billion
Client accounts
265,905
Median firm size
$113.4 million
Broker-dealer affiliated firms, not included
4, with $14.3 billion

Nebraska requires IAR continuing education, in effect since 2025. Status from NASAA's IAR CE map, checked October 5, 2026. IAR CE in Nebraska.

Top firms in Nebraska

Largest independent RIAs by assets under management

Rank Firm City RAUM
1 CWM, LLC Omaha $50.6 billion
2 Mutual Advisors, LLC Omaha $9.4 billion
3 Avior Wealth Management, LLC Omaha $6.5 billion
4 Lutz Financial Omaha $3.2 billion
5 Pittenger & Anderson Inc Lincoln $3.0 billion
6 Private Wealth Asset Management Omaha $2.5 billion
7 Wealthplan Investment Management LLC Omaha $2.2 billion
8 Allen Capital Group, LLC Grand Island $1.5 billion
9 Wealthplan Partners Omaha $1.1 billion
10 McMill CPA and Advisors Norfolk $862.3 million

Top 100 in Nebraska

Fastest-growing independent RIAs over one year

Rank Firm City Growth Starting value
1 Stevens Capital Partners Omaha 87.5% $432.3 million
2 Smart Wealth, LLC Omaha 56.0% $440.0 million
3 Ellerbrock-Norris Wealth Strategies LLC Omaha 55.2% $110.6 million
4 CWM, LLC Omaha 49.8% $33.8 billion
5 Sequent Planning, LLC Omaha 49.4% $394.7 million
6 Mutual Advisors, LLC Omaha 40.0% $6.8 billion
7 Wealthplan Investment Management LLC Omaha 38.8% $1.6 billion
8 Hbe Wealth Management, LLC Lincoln 37.9% $201.2 million
9 Westchester Capital Management Inc Omaha 37.5% $502.7 million
10 Private Wealth Asset Management Omaha 36.4% $1.8 billion

Top 100 in Nebraska

Fastest-growing independent RIAs over three years

Rank Firm City Growth Starting value
1 Stevens Capital Partners Omaha 57.6% $207.1 million
2 Smart Wealth, LLC Omaha 48.1% $211.2 million
3 Private Wealth Asset Management Omaha 39.7% $926.2 million
4 Avior Wealth Management, LLC Omaha 38.7% $2.4 billion
5 Iams Wealth Management, LLC Omaha 37.5% $152.7 million
6 CWM, LLC Omaha 36.4% $19.9 billion
7 Wealthplan Investment Management LLC Omaha 35.9% $869.7 million
8 Professional Financial Advisors, LLC North Platte 35.8% $307.3 million
9 Sequent Planning, LLC Omaha 33.4% $248.2 million
10 Hbe Wealth Management, LLC Lincoln 29.2% $128.6 million

Top 100 in Nebraska

Fastest-growing independent RIAs over five years

Rank Firm City Growth Starting value
1 Wealthplan Investment Management LLC Omaha 32.5% $535.6 million
2 Avior Wealth Management, LLC Omaha 31.0% $1.7 billion
3 CWM, LLC Omaha 27.2% $15.2 billion
4 Professional Financial Advisors, LLC North Platte 22.4% $279.7 million
5 Mutual Advisors, LLC Omaha 21.3% $3.6 billion
6 Hbe Wealth Management, LLC Lincoln 20.7% $108.2 million
7 Sequent Planning, LLC Omaha 20.7% $230.0 million
8 Bellwether Wealth Lincoln 19.0% $327.9 million
9 Keystone Financial Services, LLC Omaha 17.5% $107.3 million
10 Flagstone Financial Management, LLC Lincoln 17.5% $209.2 million

Top 100 in Nebraska

Independent RIAs with the biggest asset gains over one year

Rank Firm City Increase
1 CWM, LLC Omaha $16.8 billion
2 Mutual Advisors, LLC Omaha $2.7 billion
3 Avior Wealth Management, LLC Omaha $1.4 billion
4 Private Wealth Asset Management Omaha $673.5 million
5 Wealthplan Investment Management LLC Omaha $610.9 million
6 Lutz Financial Omaha $577.0 million
7 Stevens Capital Partners Omaha $378.0 million
8 Allen Capital Group, LLC Grand Island $278.3 million
9 Smart Wealth, LLC Omaha $246.4 million
10 Sequent Planning, LLC Omaha $194.8 million

Top 100 in Nebraska

Independent RIAs with the most clients

Rank Firm City Most clients
1 CWM, LLC Omaha 52,917
2 Mutual Advisors, LLC Omaha 9,990
3 Sequent Planning, LLC Omaha 6,028
4 McMill CPA and Advisors Norfolk 5,656
5 Avior Wealth Management, LLC Omaha 4,894
6 Professional Financial Advisors, LLC North Platte 3,380
7 Wealthplan Investment Management LLC Omaha 2,517
8 Allen Capital Group, LLC Grand Island 2,324
9 Wealthplan Partners Omaha 1,711
10 Iams Wealth Management, LLC Omaha 1,653

Top 100 in Nebraska

Independent RIAs with the fastest client growth over one year

Rank Firm City Growth Starting value
1 Lincoln Capital, LLC Lincoln 109.0% 620
2 Professional Financial Advisors, LLC North Platte 60.3% 2,108
3 McMill CPA and Advisors Norfolk 37.3% 4,118
4 Stevens Capital Partners Omaha 33.8% 509
5 Keystone Financial Services, LLC Omaha 31.9% 791
6 Wealthplan Investment Management LLC Omaha 31.6% 1,913
7 CWM, LLC Omaha 19.4% 44,335
8 Mutual Advisors, LLC Omaha 17.6% 8,493
9 Sequent Planning, LLC Omaha 17.4% 5,133
10 Lutz Financial Omaha 16.8% 894

Top 100 in Nebraska

Independent RIAs with the most accounts

Rank Firm City Most accounts
1 CWM, LLC Omaha 154,206
2 Mutual Advisors, LLC Omaha 24,295
3 Allen Capital Group, LLC Grand Island 7,162
4 Sequent Planning, LLC Omaha 6,015
5 McMill CPA and Advisors Norfolk 5,656
6 Wealthplan Investment Management LLC Omaha 5,313
7 Avior Wealth Management, LLC Omaha 4,894
8 Wealthplan Partners Omaha 3,681
9 Smart Wealth, LLC Omaha 3,660
10 Professional Financial Advisors, LLC North Platte 3,345

Top 100 in Nebraska

Independent RIAs with the most advisory staff

Rank Firm City Most advisory staff
1 CWM, LLC Omaha 472
2 Mutual Advisors, LLC Omaha 158
3 Avior Wealth Management, LLC Omaha 125
4 Sequent Planning, LLC Omaha 76
5 Iams Wealth Management, LLC Omaha 53
6 Wealthplan Partners Omaha 26
7 McMill CPA and Advisors Norfolk 22
7 Private Wealth Asset Management Omaha 22
9 Allen Capital Group, LLC Grand Island 21
10 Smart Wealth, LLC Omaha 17

Top 100 in Nebraska

Independent RIAs with the most high net worth clients

Rank Firm City Most high net worth clients
1 CWM, LLC Omaha 7,231
2 Avior Wealth Management, LLC Omaha 2,288
3 Mutual Advisors, LLC Omaha 2,233
4 McMill CPA and Advisors Norfolk 1,382
5 Lincoln Capital, LLC Lincoln 639
6 Lutz Financial Omaha 420
7 Allen Capital Group, LLC Grand Island 410
8 Private Wealth Asset Management Omaha 406
9 Wealthplan Investment Management LLC Omaha 375
10 Pittenger & Anderson Inc Lincoln 341

Top 100 in Nebraska

Independent RIAs with the most CFP professionals

Rank Firm City Most CFP professionals
1 CWM, LLC Omaha 227
2 Mutual Advisors, LLC Omaha 46
3 Avior Wealth Management, LLC Omaha 24
4 Lutz Financial Omaha 11
5 Allen Capital Group, LLC Grand Island 9
6 Pittenger & Anderson Inc Lincoln 7
6 Sequent Planning, LLC Omaha 7
6 Wealthplan Investment Management LLC Omaha 7
6 Stevens Capital Partners Omaha 7
10 Wealthplan Partners Omaha 6

Top 100 in Nebraska

Newest independent RIAs

Rank Firm City Amount
1 Oldfather Financial Services Kearney $556.3 million
2 R2 Wealth Management Partners Lincoln $236.0 million
3 Footprints Asset Management & Research, Inc. Omaha $41.9 million
4 Fit Wealth Grand Island $0
4 Open Prairie Wealth Management Omaha $0
4 Your Everyday Roi Howells $0
4 Moyer Financials LLC Omaha $0
4 Little Bird Financial, LLC Waterloo $0
4 Skyline Wealth Management Hastings $0
4 Schneider Wealth Management LLC Omaha $0

Top 100 in Nebraska

Over time

From the SEC's yearly files: SEC-registered independent RIAs based in Nebraska, 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.
020406020182020202120232024202650October 1, 2018: 33October 1, 2019: 35October 1, 2020: 37October 4, 2021: 38October 3, 2022: 37October 5, 2023: 38October 1, 2024: 43September 2, 2025: 47October 2, 2026: 50
Data table
As ofFirms
October 1, 201833
October 1, 201935
October 1, 202037
October 4, 202138
October 3, 202237
October 5, 202338
October 1, 202443
September 2, 202547
October 2, 202650
Regulatory assets under managementSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
$0$25B$50B$75B$100B201820202021202320242026$96.3BOctober 1, 2018: $15.4 billionOctober 1, 2019: $11.3 billionOctober 1, 2020: $38.9 billionOctober 4, 2021: $48.0 billionOctober 3, 2022: $18.8 billionOctober 5, 2023: $16.0 billionOctober 1, 2024: $28.3 billionSeptember 2, 2025: $71.1 billionOctober 2, 2026: $96.3 billion
Data table
As ofRegulatory assets under management
October 1, 2018$15.4 billion
October 1, 2019$11.3 billion
October 1, 2020$38.9 billion
October 4, 2021$48.0 billion
October 3, 2022$18.8 billion
October 5, 2023$16.0 billion
October 1, 2024$28.3 billion
September 2, 2025$71.1 billion
October 2, 2026$96.3 billion
Client accountsSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
0200K400K600K201820202021202320242026259KOctober 1, 2018: 61,016October 1, 2019: 47,418October 1, 2020: 259,667October 4, 2021: 421,034October 3, 2022: 54,057October 5, 2023: 51,332October 1, 2024: 61,402September 2, 2025: 197,557October 2, 2026: 259,479
Data table
As ofClient accounts
October 1, 201861,016
October 1, 201947,418
October 1, 2020259,667
October 4, 2021421,034
October 3, 202254,057
October 5, 202351,332
October 1, 202461,402
September 2, 2025197,557
October 2, 2026259,479
Median firm size (RAUM)SEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
$0$200M$400M$600M201820202021202320242026$418MOctober 1, 2018: $259.2 millionOctober 1, 2019: $196.2 millionOctober 1, 2020: $234.3 millionOctober 4, 2021: $260.3 millionOctober 3, 2022: $283.4 millionOctober 5, 2023: $270.1 millionOctober 1, 2024: $308.6 millionSeptember 2, 2025: $386.2 millionOctober 2, 2026: $417.6 million
Data table
As ofMedian firm size (RAUM)
October 1, 2018$259.2 million
October 1, 2019$196.2 million
October 1, 2020$234.3 million
October 4, 2021$260.3 million
October 3, 2022$283.4 million
October 5, 2023$270.1 million
October 1, 2024$308.6 million
September 2, 2025$386.2 million
October 2, 2026$417.6 million

The market in Nebraska now

Headline figures

MeasureIndependent RIAsSEC-registeredState-registered
Firms1165066
Regulatory assets under management$97.7 billion$96.3 billion$1.4 billion
Accounts265,905259,4796,426
Clients112,150108,2553,895
Employees2,6212,510111
Advisory employees1,2871,19493
Investment adviser representatives1,4681,37296
Median RAUM$113.4 million$417.6 million$19.9 million
Average RAUM$986.6 million$1.9 billion$28.1 million

Firms by size

Advisers grouped by regulatory assets under management.

MeasureIndependent RIAsSEC-registeredState-registered
Firms under $100 million47047
RAUM of firms under $100 million$1.2 billion$0$1.2 billion
Firms $100 million to $250 million18162
RAUM of firms $100 million to $250 million$3.2 billion$2.9 billion$211.3 million
Firms $250 million to $500 million12120
RAUM of firms $250 million to $500 million$4.3 billion$4.3 billion$0
Firms $500 million to $1 billion13130
RAUM of firms $500 million to $1 billion$9.0 billion$9.0 billion$0
Firms $1 billion to $5 billion660
RAUM of firms $1 billion to $5 billion$13.6 billion$13.6 billion$0
Firms $5 billion to $10 billion220
RAUM of firms $5 billion to $10 billion$15.9 billion$15.9 billion$0
Firms $10 billion and up110
RAUM of firms $10 billion and up$50.6 billion$50.6 billion$0

Concentration

How much of the market the largest advisers hold.

MeasureIndependent RIAsSEC-registeredState-registered
Top 10 share of RAUM82.8%84.0%51.1%

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.
Charge a percentage of assets 92.2%
Charge hourly fees 54.3%
Charge subscription fees 0.0%
Charge fixed fees 64.7%
Receive commissions 0.0%
Charge performance-based fees 0.9%
Other compensation 17.2%
MeasureIndependent RIAsSEC-registeredState-registered
Charge a percentage of assets92.2%100.0%86.4%
Charge hourly fees54.3%66.0%45.5%
Charge subscription fees0.0%0.0%0.0%
Charge fixed fees64.7%76.0%56.1%
Receive commissions0.0%0.0%0.0%
Charge performance-based fees0.9%0.0%1.5%
Other compensation17.2%14.0%19.7%

Custody

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

MeasureIndependent RIAsSEC-registeredState-registered
Have custody34.5%54.0%19.7%

Broker-dealer and other affiliations

From Form ADV Items 6 and 7.

MeasureIndependent RIAsSEC-registeredState-registered
Broker-dealer affiliated2.6%6.0%0.0%

New firms and successions

New registrations and firms reporting that they succeeded to another adviser's business (Form ADV Item 4).

MeasureIndependent RIAsSEC-registeredState-registered
New registrations1028
SuccessionsNo data0No data

Other measures

MeasureIndependent RIAsSEC-registeredState-registered
Firms reporting RAUM995049
Discretionary RAUM$93.8 billion$92.5 billion$1.3 billion
CFP professionals41239022
25th percentile RAUM$20.1 million$240.6 million$5.9 million
75th percentile RAUM$417.6 million$780.5 million$42.3 million
90th percentile RAUM$848.3 million$2.6 billion$60.6 million
Average account size$367,343$371,140$214,009
Offer financial planning81.9%90.0%75.8%
RAUM growth, one yearNo data35.5%No data

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

Cities

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.