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City

Independent RIAs in Rapid City, South Dakota

As of October 2, 2026, 6 independent wealth management RIAs with their main office in Rapid City, South Dakota reported $491.1 million in regulatory assets under management; the largest by assets was KFG, LLC, with $188.1 million.

Include wirehouses and broker-dealer firms

Independent wealth management RIAs
6
Regulatory assets under management
$491.1 million
Average per firm
$81.8 million
SEC-registered, of those listed
2 of 6 (33.3%)

Firms by assets

Independent RIAs in Rapid City, South Dakota, largest first
#FirmRegistrationRAUMAccounts
1 KFG, LLC SEC $188.1 million 516
2 Applied Financial Wisdom SEC $130.3 million 322
3 Astute Financial, LLC State $81.6 million 53
4 Iron Mountain Financial Planning State $42.3 million 245
5 Trew Advisors, LLC State $30.5 million 30
6 Myrna Mitchell, Mba, CFP State $18.4 million 15

Independent RIAs in South Dakota, including every city.

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.