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Independent RIAs in New Jersey

As of October 2, 2026, 693 independent wealth management RIAs based in New Jersey reported $326.7 billion in regulatory assets under management; the largest by assets was Pathstone, with $110.3 billion.

Include wirehouses and broker-dealer firms

Independent wealth management RIAs
693
SEC-registered
234
State-registered
459
Regulatory assets under management
$326.7 billion
Client accounts
372,550
Median firm size
$62.8 million
Broker-dealer affiliated firms, not included
35, with $990.8 billion

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

Top firms in New Jersey

Largest independent RIAs by assets under management

Rank Firm City RAUM
1 Pathstone Englewood $110.3 billion
2 Summit Financial, LLC Parsippany $26.3 billion
3 Modera Wealth Management, LLC Westwood $17.7 billion
4 Onepoint BFG Wealth Partners Parsippany $15.1 billion
5 Circle Wealth Management, LLC Summit $14.1 billion
6 Advisors Capital Management, LLC Ridgewood $12.2 billion
7 Simon Quick Advisors, LLC Morristown $9.0 billion
8 BC Advisors, LLC Mount Laurel $4.7 billion
9 Sax Wealth Advisors, LLC Parsippany $3.6 billion
10 Leo Wealth, LLC Edison $3.2 billion

Top 100 in New Jersey

Fastest-growing independent RIAs over one year

Rank Firm City Growth Starting value
1 Paradigm Investment Advisory, LLC Bridgewater 132.5% $182.8 million
2 Sandro Wealth Management LLC Fairfield 123.8% $101.7 million
3 DGS Capital Management Jersey City 96.8% $535.5 million
4 Redwood Financial Planning, LLC Scotch Plains 82.7% $212.8 million
5 Able Wealth Management LLC Toms River 79.9% $322.1 million
6 Summit Financial, LLC Parsippany 76.1% $15.0 billion
7 Genesis Financial Group, LLC Paramus 68.0% $102.0 million
8 Mezzasalma Advisors Tinton Falls 56.2% $342.2 million
9 Tenon Financial Metuchen 51.7% $208.3 million
10 Ahara Advisors Jersey City 51.5% $122.4 million

Top 100 in New Jersey

Fastest-growing independent RIAs over three years

Rank Firm City Growth Starting value
1 Vision Retirement Ridgewood 81.4% $106.1 million
2 Wiss Private Client Advisors, LLC Florham Park 70.1% $246.8 million
3 Pathstone Englewood 64.4% $24.8 billion
4 Summit Financial, LLC Parsippany 62.4% $6.2 billion
5 DGS Capital Management Jersey City 59.4% $260.1 million
6 Redwood Financial Planning, LLC Scotch Plains 56.6% $101.3 million
7 Mezzasalma Advisors Tinton Falls 49.2% $161.0 million
8 Omni 360 Wealth, Inc. Plainsboro 48.3% $130.6 million
9 Tenon Financial Metuchen 46.4% $100.8 million
10 Able Wealth Management LLC Toms River 45.2% $189.4 million

Top 100 in New Jersey

Fastest-growing independent RIAs over five years

Rank Firm City Growth Starting value
1 Wiss Private Client Advisors, LLC Florham Park 53.9% $140.6 million
2 DGS Capital Management Jersey City 52.2% $129.3 million
3 RMR Wealth Builders, Inc. Montclair 49.6% $385.2 million
4 Summit Financial, LLC Parsippany 44.7% $4.1 billion
5 Pathstone Englewood 41.3% $19.6 billion
6 Circle Wealth Management, LLC Summit 38.4% $2.8 billion
7 Cornerstone Planning Group Fairfield 35.4% $209.3 million
8 Omni 360 Wealth, Inc. Plainsboro 31.8% $107.2 million
9 Modera Wealth Management, LLC Westwood 29.0% $5.0 billion
10 Green Ridge Wealth Planning LLC Montville 28.5% $111.1 million

Top 100 in New Jersey

Independent RIAs with the biggest asset gains over one year

Rank Firm City Increase
1 Summit Financial, LLC Parsippany $11.4 billion
2 Pathstone Englewood $9.9 billion
3 Onepoint BFG Wealth Partners Parsippany $3.0 billion
4 Advisors Capital Management, LLC Ridgewood $2.7 billion
5 Modera Wealth Management, LLC Westwood $2.2 billion
6 Simon Quick Advisors, LLC Morristown $1.9 billion
7 Circle Wealth Management, LLC Summit $1.6 billion
8 Laurel Oak Wealth Management, LLC Marlton $1.4 billion
9 Sax Wealth Advisors, LLC Parsippany $1.2 billion
10 RMR Wealth Builders, Inc. Montclair $686.1 million

Top 100 in New Jersey

Independent RIAs with the most clients

Rank Firm City Most clients
1 Summit Financial, LLC Parsippany 18,452
2 Advisors Capital Management, LLC Ridgewood 18,174
3 Onepoint BFG Wealth Partners Parsippany 8,674
4 Modera Wealth Management, LLC Westwood 6,351
5 Laurel Oak Wealth Management, LLC Marlton 4,662
6 Portfolio Strategies Inc NY Montvale 3,412
7 Key Client Fiduciary Advisors, LLC Fairfield 2,272
8 Pathstone Englewood 2,244
9 Pine Valley Investments Marlton 2,114
10 RMR Wealth Builders, Inc. Montclair 2,106

Top 100 in New Jersey

Independent RIAs with the fastest client growth over one year

Rank Firm City Growth Starting value
1 Geremia Financial Services, LLC Edison 125.6% 117
2 Key Client Fiduciary Advisors, LLC Fairfield 123.8% 1,015
3 Summit Financial, LLC Parsippany 87.0% 9,869
4 Sax Wealth Advisors, LLC Parsippany 52.4% 1,125
5 Omega Capital Management, LLC Flanders 48.9% 225
6 191 Godwin Associates, Inc. D/B/A Godwin Capital Management Wyckoff 47.0% 217
7 East Coast Wealth Management, Inc. Florham Park 43.6% 140
8 GSG Advisors LLC Mount Laurel 35.6% 135
9 Able Wealth Management LLC Toms River 35.5% 760
10 Wiss Private Client Advisors, LLC Florham Park 34.8% 138

Top 100 in New Jersey

Independent RIAs with the most accounts

Rank Firm City Most accounts
1 Summit Financial, LLC Parsippany 40,628
2 Onepoint BFG Wealth Partners Parsippany 28,204
3 Pathstone Englewood 27,165
4 Modera Wealth Management, LLC Westwood 21,420
5 Advisors Capital Management, LLC Ridgewood 18,140
6 Pine Valley Investments Marlton 5,785
7 Sax Wealth Advisors, LLC Parsippany 5,429
8 Leo Wealth, LLC Edison 5,195
9 RMR Wealth Builders, Inc. Montclair 5,069
10 Personal CFO Solutions LLC Chester 4,764

Top 100 in New Jersey

Independent RIAs with the most advisory staff

Rank Firm City Most advisory staff
1 Pathstone Englewood 365
2 Summit Financial, LLC Parsippany 216
3 Modera Wealth Management, LLC Westwood 106
4 Onepoint BFG Wealth Partners Parsippany 104
5 Simon Quick Advisors, LLC Morristown 77
6 Advisors Capital Management, LLC Ridgewood 57
7 RMR Wealth Builders, Inc. Montclair 49
8 Sax Wealth Advisors, LLC Parsippany 37
9 Pine Valley Investments Marlton 31
9 Leo Wealth, LLC Edison 31

Top 100 in New Jersey

Independent RIAs with the most high net worth clients

Rank Firm City Most high net worth clients
1 Modera Wealth Management, LLC Westwood 3,443
2 Onepoint BFG Wealth Partners Parsippany 2,934
3 Advisors Capital Management, LLC Ridgewood 2,863
4 Laurel Oak Wealth Management, LLC Marlton 2,477
5 Summit Financial, LLC Parsippany 2,248
6 Pathstone Englewood 1,834
7 McRae Capital Management Inc. Morristown 736
8 Sax Wealth Advisors, LLC Parsippany 715
9 Withum Wealth Management Red Bank 688
10 Simon Quick Advisors, LLC Morristown 666

Top 100 in New Jersey

Independent RIAs with the most CFP professionals

Rank Firm City Most CFP professionals
1 Modera Wealth Management, LLC Westwood 94
2 Pathstone Englewood 68
3 Summit Financial, LLC Parsippany 63
4 Onepoint BFG Wealth Partners Parsippany 50
5 Simon Quick Advisors, LLC Morristown 26
6 Advisors Capital Management, LLC Ridgewood 24
7 Sax Wealth Advisors, LLC Parsippany 23
8 RMR Wealth Builders, Inc. Montclair 16
9 Revolve Wealth Partners, LLC Hackensack 10
10 Highland Financial Advisors, LLC Wayne 8

Top 100 in New Jersey

Newest independent RIAs

Rank Firm City Amount
1 Clear Wave Wealth Management, LLC Red Bank $617.0 million
2 Revel Wealth Management Elmwood Park $258.9 million
3 Integrous Wealth Strategies Hamilton $216.2 million
4 Anchored Financial Planning LLC West Deptford $182.9 million
5 Taurus Financial Jersey City $162.5 million
6 Steffens Financial Corp Byram Township $162.0 million
7 Diversified Planning Strategies Advisors LLC Roseland $154.4 million
8 Family Wealth Partners LLC Medford $130.9 million
9 Rilex Capital LLC Manasquan $124.3 million
10 Ciro Capital LLC Jersey City $117.4 million

Top 100 in New Jersey

Over time

From the SEC's yearly files: SEC-registered independent RIAs based in New Jersey, 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.
0100200300201820202021202320242026234October 1, 2018: 163October 1, 2019: 165October 1, 2020: 164October 4, 2021: 172October 3, 2022: 184October 5, 2023: 185October 1, 2024: 187September 2, 2025: 200October 2, 2026: 234
Data table
As ofFirms
October 1, 2018163
October 1, 2019165
October 1, 2020164
October 4, 2021172
October 3, 2022184
October 5, 2023185
October 1, 2024187
September 2, 2025200
October 2, 2026234
Regulatory assets under managementSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
$0$100B$200B$300B$400B201820202021202320242026$316BOctober 1, 2018: $90.9 billionOctober 1, 2019: $94.5 billionOctober 1, 2020: $87.1 billionOctober 4, 2021: $111.4 billionOctober 3, 2022: $144.9 billionOctober 5, 2023: $129.3 billionOctober 1, 2024: $183.4 billionSeptember 2, 2025: $268.4 billionOctober 2, 2026: $315.7 billion
Data table
As ofRegulatory assets under management
October 1, 2018$90.9 billion
October 1, 2019$94.5 billion
October 1, 2020$87.1 billion
October 4, 2021$111.4 billion
October 3, 2022$144.9 billion
October 5, 2023$129.3 billion
October 1, 2024$183.4 billion
September 2, 2025$268.4 billion
October 2, 2026$315.7 billion
Client accountsSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
0100K200K300K400K201820202021202320242026341KOctober 1, 2018: 205,954October 1, 2019: 233,618October 1, 2020: 161,018October 4, 2021: 169,633October 3, 2022: 216,805October 5, 2023: 236,818October 1, 2024: 264,525September 2, 2025: 294,518October 2, 2026: 341,415
Data table
As ofClient accounts
October 1, 2018205,954
October 1, 2019233,618
October 1, 2020161,018
October 4, 2021169,633
October 3, 2022216,805
October 5, 2023236,818
October 1, 2024264,525
September 2, 2025294,518
October 2, 2026341,415
Median firm size (RAUM)SEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
$0$100M$200M$300M$400M201820202021202320242026$290MOctober 1, 2018: $249.2 millionOctober 1, 2019: $235.8 millionOctober 1, 2020: $269.2 millionOctober 4, 2021: $288.7 millionOctober 3, 2022: $304.1 millionOctober 5, 2023: $263.5 millionOctober 1, 2024: $300.8 millionSeptember 2, 2025: $323.3 millionOctober 2, 2026: $289.6 million
Data table
As ofMedian firm size (RAUM)
October 1, 2018$249.2 million
October 1, 2019$235.8 million
October 1, 2020$269.2 million
October 4, 2021$288.7 million
October 3, 2022$304.1 million
October 5, 2023$263.5 million
October 1, 2024$300.8 million
September 2, 2025$323.3 million
October 2, 2026$289.6 million

The market in New Jersey now

Headline figures

MeasureIndependent RIAsSEC-registeredState-registered
Firms693234459
Regulatory assets under management$326.7 billion$315.7 billion$11.0 billion
Accounts372,550341,41531,135
Clients161,697139,74121,956
Employees4,1973,493704
Advisory employees2,6222,037585
Investment adviser representatives2,4961,904592
Median RAUM$62.8 million$289.6 million$22.0 million
Average RAUM$573.2 million$1.4 billion$31.9 million

Firms by size

Advisers grouped by regulatory assets under management.

MeasureIndependent RIAsSEC-registeredState-registered
Firms under $100 million3417334
RAUM of firms under $100 million$10.1 billion$228.2 million$9.8 billion
Firms $100 million to $250 million1079611
RAUM of firms $100 million to $250 million$17.3 billion$16.1 billion$1.2 billion
Firms $250 million to $500 million50500
RAUM of firms $250 million to $500 million$18.2 billion$18.2 billion$0
Firms $500 million to $1 billion40400
RAUM of firms $500 million to $1 billion$26.9 billion$26.9 billion$0
Firms $1 billion to $5 billion25250
RAUM of firms $1 billion to $5 billion$49.6 billion$49.6 billion$0
Firms $5 billion to $10 billion110
RAUM of firms $5 billion to $10 billion$9.0 billion$9.0 billion$0
Firms $10 billion and up660
RAUM of firms $10 billion and up$195.7 billion$195.7 billion$0

Concentration

How much of the market the largest advisers hold.

Concentration: independent RIAsAs of October 2, 2026.
Top 10 share of RAUM 66.2%
Top 100 share of RAUM 89.7%
MeasureIndependent RIAsSEC-registeredState-registered
Top 10 share of RAUM66.2%68.5%9.8%
Top 100 share of RAUM89.7%92.8%66.3%

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 90.2%
Charge hourly fees 46.9%
Charge subscription fees 1.6%
Charge fixed fees 61.2%
Receive commissions 2.9%
Charge performance-based fees 7.6%
Other compensation 7.5%
MeasureIndependent RIAsSEC-registeredState-registered
Charge a percentage of assets90.2%96.6%86.9%
Charge hourly fees46.9%47.4%46.6%
Charge subscription fees1.6%1.3%1.7%
Charge fixed fees61.2%75.6%53.8%
Receive commissions2.9%1.7%3.5%
Charge performance-based fees7.6%4.3%9.4%
Other compensation7.5%6.8%7.8%

Custody

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

MeasureIndependent RIAsSEC-registeredState-registered
Have custody33.0%46.6%26.1%

Broker-dealer and other affiliations

From Form ADV Items 6 and 7.

MeasureIndependent RIAsSEC-registeredState-registered
Broker-dealer affiliated1.0%2.1%0.4%

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 registrations832855
SuccessionsNo data0No data

Other measures

MeasureIndependent RIAsSEC-registeredState-registered
Firms reporting RAUM570225345
Discretionary RAUM$248.5 billion$239.0 billion$9.6 billion
CFP professionals821670151
25th percentile RAUM$13.8 million$171.3 million$6.0 million
75th percentile RAUM$201.0 million$617.0 million$52.0 million
90th percentile RAUM$613.2 million$1.3 billion$77.8 million
Average account size$876,962$924,652$354,007
Offer financial planning74.3%83.3%69.7%
RAUM growth, one yearNo data17.6%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.