State market data

Wealth management firms in New York

As of October 2, 2026, 1,465 wealth management firms, including broker-dealer firms, based in New York reported $5.9 trillion in regulatory assets under management; the largest by assets was Morgan Stanley, with $2.0 trillion.

Showing all wealth firms, including wirehouses and broker-dealer firms. Independent RIAs only

Wealth management firms: 1,465
SEC-registered: 833
State-registered: 632
Regulatory assets under management: $5.9 trillion
Client accounts: 13,501,915
Median firm size: $71.7 million
Of which broker-dealer affiliated: 134, with $5.1 trillion

New York has not adopted IAR continuing education. Status from NASAA's IAR CE map, checked October 5, 2026. IAR CE in New York.

Top firms in New York

Largest wealth firms by assets under management, including broker-dealer firms

Largest wealth firms by assets under management, including broker-dealer firms in New York, top 10
Rank	Firm	City	RAUM
1	Morgan Stanley Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Purchase	$2.0 trillion
2	Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$1.8 trillion
3	J.P. Morgan Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$429.7 billion
4	RBC Capital Markets, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$310.4 billion
5	Cerity Partners LLC	New York	$161.7 billion
6	Rockefeller Capital Management Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$99.6 billion
7	Betterment	New York	$69.5 billion
8	Citigroup Global Markets Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$56.0 billion
9	Equitable Advisors, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$47.3 billion
10	First Manhattan Co. LLC	New York	$38.1 billion

Top 100 in New York

Fastest-growing wealth firms over one year, including broker-dealer firms

Fastest-growing wealth firms over one year, including broker-dealer firms in New York, top 10
Rank	Firm	City	Growth	Starting value
1	Vise AI Advisors	New York City	291.8%	$2.2 billion
2	Savvy	New York	286.1%	$1.3 billion
3	Arax Advisory Partners	New York	262.4%	$7.3 billion
4	Osprey Private Wealth LLC	New York	176.6%	$162.1 million
5	Hudson Capital Advisory, Inc.	Buffalo	146.3%	$133.0 million
6	Retirable	New York	130.4%	$130.6 million
7	Quartz Partners Investment Management	Saratoga Springs	117.7%	$281.0 million
8	Seeds	New York	106.2%	$485.6 million
9	Lifegoal Investments, LLC	Saratoga Springs	103.4%	$175.0 million
10	Autopilot	New York	93.2%	$462.0 million

Top 100 in New York

Fastest-growing wealth firms over three years, including broker-dealer firms

Fastest-growing wealth firms over three years, including broker-dealer firms in New York, top 10
Rank	Firm	City	Growth	Starting value
1	Carrick Lane LLC	New York	76.1%	$554.8 million
2	Ashton Thomas Securities, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Rochester	75.5%	$344.3 million
3	Cannell & Spears LLC	New York	61.1%	$1.7 billion
4	Brooklyn FI, LLC	Brooklyn	55.0%	$151.1 million
5	Ascend Interplay, LLC	New York	52.5%	$110.0 million
6	Cove Private Wealth, LLC	Oyster Bay	49.9%	$135.3 million
7	Cerity Partners LLC	New York	44.7%	$53.3 billion
8	BNY Mellon Advisors, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	43.6%	$11.3 billion
9	Onyx Bridge Wealth Group LLC	Tarrytown	43.0%	$468.9 million
10	Rockefeller Capital Management Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	42.1%	$34.7 billion

Top 100 in New York

Fastest-growing wealth firms over five years, including broker-dealer firms

Fastest-growing wealth firms over five years, including broker-dealer firms in New York, top 10
Rank	Firm	City	Growth	Starting value
1	Arax Advisory Partners	New York	91.2%	$1.0 billion
2	Quent Capital, LLC	New York	81.6%	$104.1 million
3	Carrick Lane LLC	New York	80.4%	$158.6 million
4	Rockefeller Capital Management Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	46.3%	$14.9 billion
5	Shade Tree Advisors LLC	Saratoga Springs	45.0%	$226.8 million
6	Cerity Partners LLC	New York	43.3%	$26.7 billion
7	Ashton Thomas Securities, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Rochester	41.5%	$328.0 million
8	Ritholtz Wealth Management	New York	39.2%	$1.8 billion
9	Giverny Capital Asset Management	New York	38.1%	$119.2 million
10	Onyx Bridge Wealth Group LLC	Tarrytown	35.8%	$296.9 million

Top 100 in New York

Wealth firms with the biggest asset gains over one year, including broker-dealer firms

Wealth firms with the biggest asset gains over one year, including broker-dealer firms in New York, top 10
Rank	Firm	City	Increase
1	Morgan Stanley Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Purchase	$311.9 billion
2	Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$270.5 billion
3	J.P. Morgan Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$77.1 billion
4	RBC Capital Markets, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$50.5 billion
5	Cerity Partners LLC	New York	$38.8 billion
6	Rockefeller Capital Management Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$29.6 billion
7	Arax Advisory Partners	New York	$19.2 billion
8	Betterment	New York	$13.2 billion
9	Equitable Advisors, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$12.6 billion
10	BNY Mellon Advisors, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	$9.5 billion

Top 100 in New York

Wealth firms with the most clients, including broker-dealer firms

Wealth firms with the most clients, including broker-dealer firms in New York, top 10
Rank	Firm	City	Most clients
1	Morgan Stanley Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Purchase	3,120,704
2	Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	1,855,828
3	J.P. Morgan Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	1,653,682
4	Stash Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	1,219,629
5	Betterment	New York	1,022,734
6	Moneylion Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	732,776
7	RBC Capital Markets, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	285,803
8	Equitable Advisors, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	247,675
9	Goldman Sachs Wealth Services, L.P. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Cohoes	207,549
10	Eagle Strategies LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	140,562

Top 100 in New York

Wealth firms with the fastest client growth over one year, including broker-dealer firms

Wealth firms with the fastest client growth over one year, including broker-dealer firms in New York, top 10
Rank	Firm	City	Growth	Starting value
1	Savvy	New York	283.2%	1,273
2	Saperston Legacy Advisors, Inc.	Hamburg	260.3%	121
3	Maridea Wealth Management	Brooklyn	257.8%	587
4	Addition Wealth Successor: Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.	New York	247.9%	7,700
5	Arax Advisory Partners	New York	240.0%	4,611
6	Alinea Advisory Services LLC	New York	229.8%	35,075
7	Vise AI Advisors	New York City	222.7%	5,083
8	Public Advisors LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	216.4%	1,429
9	Scout	Clifton Park	168.0%	465
10	Collins Advisors, LLC	Buffalo	127.0%	256

Successor Reported on Form ADV Item 4 that it succeeded to the business of another registered investment adviser. Some of its growth may come from that acquisition, and it is shown as reported.

Top 100 in New York

Wealth firms with the most accounts, including broker-dealer firms

Wealth firms with the most accounts, including broker-dealer firms in New York, top 10
Rank	Firm	City	Most accounts
1	Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	3,253,265
2	Morgan Stanley Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Purchase	2,703,720
3	Stash Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	1,758,044
4	Betterment	New York	1,344,483
5	J.P. Morgan Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	1,246,646
6	Moneylion Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	738,184
7	RBC Capital Markets, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	511,871
8	BNY Mellon Advisors, Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	163,433
9	Eagle Strategies LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	133,900
10	Alinea Advisory Services LLC	New York	115,693

Top 100 in New York

Wealth firms with the most advisory staff, including broker-dealer firms

Wealth firms with the most advisory staff, including broker-dealer firms in New York, top 10
Rank	Firm	City	Most advisory staff
1	Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	25,721
2	Morgan Stanley Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Purchase	13,000
3	J.P. Morgan Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	8,479
4	RBC Capital Markets, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	5,908
5	Equitable Advisors, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	4,664
6	Citigroup Global Markets Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	4,078
7	Eagle Strategies LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	2,463
8	Park Avenue Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	2,054
9	Oppenheimer & Co. Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	1,219
10	Goldman Sachs Wealth Services, L.P. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Cohoes	1,134

Top 100 in New York

Wealth firms with the most high net worth clients, including broker-dealer firms

Wealth firms with the most high net worth clients, including broker-dealer firms in New York, top 10
Rank	Firm	City	Most high net worth clients
1	Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	521,763
2	J.P. Morgan Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	356,866
3	Advice and Planning Services Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	46,802
4	Morgan Stanley Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Purchase	43,631
5	Goldman Sachs Wealth Services, L.P. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Cohoes	38,800
6	Equitable Advisors, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	35,521
7	Eagle Strategies LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	27,125
8	Betterment	New York	24,685
9	Citigroup Global Markets Inc. Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	23,441
10	Park Avenue Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	17,261

Top 100 in New York

Wealth firms with the most CFP professionals, including broker-dealer firms

Wealth firms with the most CFP professionals, including broker-dealer firms in New York, top 10
Rank	Firm	City	Most CFP professionals
1	Morgan Stanley Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	Purchase	798
2	J.P. Morgan Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	613
3	RBC Capital Markets, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	313
4	Cerity Partners LLC	New York	312
5	Park Avenue Securities LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	230
6	Eagle Strategies LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	155
7	Rockefeller Capital Management Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	154
8	Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	152
9	Equitable Advisors, LLC Broker-dealer affiliated: A wealth firm that is, or is part of, a broker-dealer or a bank: a wirehouse, a broker-dealer or its advisory arm, or a bank's. It appears in the all wealth firms view, not in the main lists of independent RIAs.	New York	136
10	Wealthspire Advisors	New York	102

Top 100 in New York

Newest wealth firms, including broker-dealer firms

Newest wealth firms, including broker-dealer firms in New York, top 10
Rank	Firm	City	Amount
1	Sharpe Advisors, LLC	New York	$1.2 billion
2	Jack Creek Partners LLC	New York	$809.0 million
3	Blue Horizon Equity, Inc.	Pittsford	$745.9 million
4	Veneroso Wealth Management	Woodbury	$298.8 million
5	Factorpoint Planning, LLC	Pittsford	$287.9 million
6	Tailored Wealth Solutions	Saratoga Springs	$271.8 million
7	Lionhunter Capital Management LLC	New York	$266.8 million
8	Unified Retirement Planning Group	Briarcliff Manor	$197.0 million
9	Quantstreet Capital	Rye	$192.6 million
10	Ives Hill Wealth Management	Dewitt	$183.1 million

Top 100 in New York

Over time

From the SEC's yearly files: SEC-registered wealth firms based in New York, from October 2018, each snapshot classed from its own Form ADV answers.

FirmsSEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Firms
As of	Firms
October 1, 2018	677
October 1, 2019	685
October 1, 2020	697
October 4, 2021	703
October 3, 2022	722
October 5, 2023	717
October 1, 2024	690
September 2, 2025	692
October 2, 2026	833

Regulatory assets under managementSEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Regulatory assets under management
As of	Regulatory assets under management
October 1, 2018	$2.3 trillion
October 1, 2019	$2.3 trillion
October 1, 2020	$2.8 trillion
October 4, 2021	$3.3 trillion
October 3, 2022	$3.9 trillion
October 5, 2023	$3.5 trillion
October 1, 2024	$4.1 trillion
September 2, 2025	$5.0 trillion
October 2, 2026	$5.9 trillion

Client accountsSEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Client accounts
As of	Client accounts
October 1, 2018	8,550,200
October 1, 2019	6,878,973
October 1, 2020	7,339,226
October 4, 2021	8,019,588
October 3, 2022	9,027,908
October 5, 2023	9,491,540
October 1, 2024	9,899,765
September 2, 2025	10,702,516
October 2, 2026	13,483,684

Median firm size (RAUM)SEC-registered wealth firms, including broker-dealer firms. 9 snapshots, October 1, 2018 to October 2, 2026.

Data table

Median firm size (RAUM)
As of	Median firm size (RAUM)
October 1, 2018	$141.0 million
October 1, 2019	$131.4 million
October 1, 2020	$148.7 million
October 4, 2021	$155.8 million
October 3, 2022	$181.9 million
October 5, 2023	$160.2 million
October 1, 2024	$175.6 million
September 2, 2025	$195.6 million
October 2, 2026	$174.8 million

The market in New York now

Headline figures

Headline figures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms	1,465	833	632
Regulatory assets under management	$5.9 trillion	$5.9 trillion	$5.7 billion
Accounts	13,501,915	13,483,684	18,231
Clients	11,903,197	11,883,871	19,326
Employees	119,297	118,369	928
Advisory employees	79,201	78,426	775
Investment adviser representatives	91,055	90,329	726
Median RAUM	$71.7 million	$174.8 million	$9.6 million
Average RAUM	$4.8 billion	$7.3 billion	$13.4 million

Firms by size

Advisers grouped by regulatory assets under management.

Firms by size, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms under $100 million	703	277	426
RAUM of firms under $100 million	$20.6 billion	$15.0 billion	$5.6 billion
Firms $100 million to $250 million	197	196	1
RAUM of firms $100 million to $250 million	$31.6 billion	$31.5 billion	$132.7 million
Firms $250 million to $500 million	116	116	0
RAUM of firms $250 million to $500 million	$41.6 billion	$41.6 billion	$0
Firms $500 million to $1 billion	78	78	0
RAUM of firms $500 million to $1 billion	$57.1 billion	$57.1 billion	$0
Firms $1 billion to $5 billion	91	91	0
RAUM of firms $1 billion to $5 billion	$172.5 billion	$172.5 billion	$0
Firms $5 billion to $10 billion	15	15	0
RAUM of firms $5 billion to $10 billion	$111.8 billion	$111.8 billion	$0
Firms $10 billion and up	30	30	0
RAUM of firms $10 billion and up	$5.5 trillion	$5.5 trillion	$0

Concentration

How much of the market the largest advisers hold.

Concentration: all wealth firmsAs of October 2, 2026.
Measure	Bar	Value
Top 10 share of RAUM		83.9%
Top 100 share of RAUM		96.7%

Concentration, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Top 10 share of RAUM	83.9%	84.0%	13.3%
Top 100 share of RAUM	96.7%	96.8%	57.9%

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: all wealth firmsAs of October 2, 2026.
Measure	Bar	Value
Charge a percentage of assets		91.1%
Charge hourly fees		42.3%
Charge subscription fees		2.1%
Charge fixed fees		54.9%
Receive commissions		2.3%
Charge performance-based fees		12.4%
Other compensation		9.8%

How advisers are paid, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Charge a percentage of assets	91.1%	96.8%	83.7%
Charge hourly fees	42.3%	40.2%	44.9%
Charge subscription fees	2.1%	2.0%	2.2%
Charge fixed fees	54.9%	58.0%	50.9%
Receive commissions	2.3%	2.2%	2.4%
Charge performance-based fees	12.4%	12.1%	12.8%
Other compensation	9.8%	7.9%	12.2%

Custody

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

Custody, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Have custody	24.6%	38.3%	6.6%

Broker-dealer and other affiliations

From Form ADV Items 6 and 7.

Broker-dealer and other affiliations, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Broker-dealer affiliated	10.0%	13.7%	5.2%

New firms and successions

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

New firms and successions, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
New registrations	157	82	75
Successions	No data	1	No data

Other measures

Other measures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms reporting RAUM	1,230	803	427
Discretionary RAUM	$3.7 trillion	$3.6 trillion	$4.6 billion
CFP professionals	4,480	4,339	141
25th percentile RAUM	$15.0 million	$72.9 million	$3.6 million
75th percentile RAUM	$282.8 million	$565.0 million	$19.1 million
90th percentile RAUM	$1.1 billion	$1.9 billion	$28.0 million
Average account size	$437,322	$437,490	$313,225
Offer financial planning	67.8%	68.5%	66.9%
RAUM growth, one year	No data	18.8%	No data

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

Cities

New York 409 independent RIAs, $679.3 billion
Pittsford 32 independent RIAs, $15.6 billion
Rochester 37 independent RIAs, $9.8 billion
New York City 5 independent RIAs, $8.6 billion
Melville 18 independent RIAs, $7.6 billion
White Plains 18 independent RIAs, $7.0 billion
Buffalo 23 independent RIAs, $6.8 billion
Saratoga Springs 21 independent RIAs, $6.1 billion
Syracuse 9 independent RIAs, $6.0 billion
Williamsville 15 independent RIAs, $5.2 billion
Rye Brook 10 independent RIAs, $5.2 billion
Garden City 19 independent RIAs, $4.4 billion
Brooklyn 54 independent RIAs, $4.3 billion
Utica 5 independent RIAs, $3.7 billion
Larchmont 5 independent RIAs, $3.0 billion
Albany 16 independent RIAs, $2.6 billion
Woodbury 6 independent RIAs, $2.2 billion
Jericho 7 independent RIAs, $2.1 billion
Harrison 5 independent RIAs, $2.0 billion
Orchard Park 7 independent RIAs, $1.9 billion
Dewitt 5 independent RIAs, $1.7 billion
Syosset 8 independent RIAs, $1.6 billion
Katonah 5 independent RIAs, $1.5 billion
Tarrytown 6 independent RIAs, $1.5 billion
Port Washington 8 independent RIAs, $1.4 billion
Victor 6 independent RIAs, $1.4 billion
Chappaqua 5 independent RIAs, $1.3 billion
Armonk 5 independent RIAs, $1.1 billion
Ithaca 6 independent RIAs, $1.1 billion
Corning 5 independent RIAs, $985.5 million
Great Neck 9 independent RIAs, $932.6 million
Hauppauge 5 independent RIAs, $913.6 million
Amherst 8 independent RIAs, $852.0 million
Bronxville 6 independent RIAs, $773.3 million
Massapequa 5 independent RIAs, $769.9 million
Fairport 8 independent RIAs, $677.3 million
Huntington 6 independent RIAs, $589.0 million
Rye 10 independent RIAs, $575.7 million
Staten Island 13 independent RIAs, $465.8 million
Briarcliff Manor 5 independent RIAs, $261.5 million
Mount Kisco 7 independent RIAs, $259.3 million
Manhasset 6 independent RIAs, $153.3 million
Nyack 5 independent RIAs, $110.6 million
Forest Hills 5 independent RIAs, $80.3 million
Long Island City 6 independent RIAs, $29.7 million
Astoria 5 independent RIAs, $21.0 million

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.