# Independent RIAs in Tennessee

As of October 2, 2026, 363 independent wealth management RIAs based in Tennessee reported $104.3 billion in regulatory assets under management; the largest by assets was Sagespring Wealth Partners, with $8.5 billion.

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

## Facts

- state: Tennessee
- code: TN
- 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: 247485, firms: 363, median_raum: 83042359.5, raum: 104320615560, advisory_employees: 1324, avg_account: 421522.983453543, band_100m_250m: 61, band_100m_250m_raum: 9312918821, band_10b_plus: 0, band_10b_plus_raum: 0, band_1b_5b: 25, band_1b_5b_raum: 44674099441, band_250m_500m: 45, band_250m_500m_raum: 15756221815, band_500m_1b: 22, band_500m_1b_raum: 15616287435, band_5b_10b: 2, band_5b_10b_raum: 13559397131, band_lt100m: 173, band_lt100m_raum: 5401690917, bd_affiliated_share: 0.00826446280991736, cfp_professionals: 434, clients: 122385, custody_share: 0.316804407713499, employees: 2076, fee_aum_pct_share: 0.942148760330578, fee_commissions_share: 0.00826446280991736, fee_fixed_share: 0.661157024793388, fee_hourly_share: 0.548209366391185, fee_other_share: 0.104683195592287, fee_performance_share: 0.068870523415978, fee_subscription_share: 0.0165289256198347, financial_planning_share: 0.818181818181818, firms_with_raum: 328, iars: 1368, mean_raum: 318050657.195122, new_firms: 46, p25_raum: 21271791.25, p75_raum: 284132109.25, p90_raum: 798426471.2, raum_discretionary: 92742685524, top100_share: 0.873105695849865, top10_share: 0.322191641274092, independent_sec: accounts: 225624, firms: 167, median_raum: 287936257, raum: 98855936203, advisory_employees: 1050, avg_account: 438144.595446406, band_100m_250m: 58, band_100m_250m_raum: 8976022712, band_10b_plus: 0, band_10b_plus_raum: 0, band_1b_5b: 25, band_1b_5b_raum: 44674099441, band_250m_500m: 45, band_250m_500m_raum: 15756221815, band_500m_1b: 22, band_500m_1b_raum: 15616287435, band_5b_10b: 2, band_5b_10b_raum: 13559397131, band_lt100m: 7, band_lt100m_raum: 273907669, bd_affiliated_share: 0.0119760479041916, cfp_professionals: 349, clients: 106056, custody_share: 0.544910179640719, employees: 1748, fee_aum_pct_share: 0.964071856287425, fee_commissions_share: 0.0119760479041916, fee_fixed_share: 0.718562874251497, fee_hourly_share: 0.532934131736527, fee_other_share: 0.101796407185629, fee_performance_share: 0.0718562874251497, fee_subscription_share: 0.0239520958083832, financial_planning_share: 0.838323353293413, firms_with_raum: 159, iars: 1084, mean_raum: 621735447.81761, new_firms: 26, p25_raum: 153391090, p75_raum: 637694961, p90_raum: 1490455451.2, raum_discretionary: 87904647682, raum_growth_1y: 0.153285487052824, successions: 1, top100_share: 0.921370300443686, top10_share: 0.340002144908926, state: accounts: 21861, firms: 196, median_raum: 22111337, raum: 5464679357, advisory_employees: 274, avg_account: 249973.896756781, band_100m_250m: 3, band_100m_250m_raum: 336896109, 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: 166, band_lt100m_raum: 5127783248, bd_affiliated_share: 0.00510204081632653, cfp_professionals: 85, clients: 16329, custody_share: 0.122448979591837, employees: 328, fee_aum_pct_share: 0.923469387755102, fee_commissions_share: 0.00510204081632653, fee_fixed_share: 0.612244897959184, fee_hourly_share: 0.561224489795918, fee_other_share: 0.107142857142857, fee_performance_share: 0.0663265306122449, fee_subscription_share: 0.0102040816326531, financial_planning_share: 0.801020408163265, firms_with_raum: 169, iars: 284, mean_raum: 32335380.8106509, new_firms: 20, p25_raum: 9924496, p75_raum: 51500000, p90_raum: 77517441.4, raum_discretionary: 4838037842, top100_share: 0.905243510703569, top10_share: 0.18013473667747
- broker_dealer_affiliated_not_included: firms: 9, raum: 41276860397
- series: firms: segment: independent_sec, unit: count, points: as_of: 2018-10-01, value: 99; as_of: 2019-10-01, value: 104; as_of: 2020-10-01, value: 110; as_of: 2021-10-04, value: 123; as_of: 2022-10-03, value: 130; as_of: 2023-10-05, value: 130; as_of: 2024-10-01, value: 133; as_of: 2025-09-02, value: 134; as_of: 2026-10-02, value: 167, raum: segment: independent_sec, unit: usd, points: as_of: 2018-10-01, value: 37710898144; as_of: 2019-10-01, value: 35959387011; as_of: 2020-10-01, value: 45705979923; as_of: 2021-10-04, value: 54557069099; as_of: 2022-10-03, value: 69357974919; as_of: 2023-10-05, value: 64465601602; as_of: 2024-10-01, value: 65514162639; as_of: 2025-09-02, value: 85716795462; as_of: 2026-10-02, value: 98855936203, accounts: segment: independent_sec, unit: count, points: as_of: 2018-10-01, value: 112274; as_of: 2019-10-01, value: 127223; as_of: 2020-10-01, value: 154538; as_of: 2021-10-04, value: 164757; as_of: 2022-10-03, value: 173110; as_of: 2023-10-05, value: 185145; as_of: 2024-10-01, value: 181328; as_of: 2025-09-02, value: 196575; as_of: 2026-10-02, value: 225624, median_raum: segment: independent_sec, unit: usd, points: as_of: 2018-10-01, value: 222000000; as_of: 2019-10-01, value: 233018840; as_of: 2020-10-01, value: 267145183; as_of: 2021-10-04, value: 276184296; as_of: 2022-10-03, value: 303939129; as_of: 2023-10-05, value: 286100644; as_of: 2024-10-01, value: 290252431; as_of: 2025-09-02, value: 341093148; as_of: 2026-10-02, value: 287936257
- top_10: largest: rank: 1, crd: 283515, firm: Sagespring Wealth Partners, city: Franklin, value: 8486110061; rank: 2, crd: 105203, firm: The Pacific Financial Group, Inc., city: Nashville, value: 5073287070; rank: 3, crd: 285485, firm: Calydon Capital, LLC, city: Memphis, value: 3576202004; rank: 4, crd: 153235, firm: Red Door Wealth Management, LLC, city: Memphis, value: 3085696189; rank: 5, crd: 108619, firm: Legacy Wealth Management, LLC, city: Memphis, value: 2657303544; rank: 6, crd: 114885, firm: Rather & Kittrell, Inc., city: Knoxville, value: 2252296454; rank: 7, crd: 108943, firm: LBMC Investment Advisors, LLC, city: Brentwood, value: 2226438368; rank: 8, crd: 105414, firm: Patten and Patten, Inc., city: Chattanooga, value: 2210816671; rank: 9, crd: 148781, firm: Capwealth Advisors, LLC, city: Franklin, value: 2030847981; rank: 10, crd: 109779, firm: Woodmont Investment Counsel, LLC, city: Nashville, value: 2012232004, fastest-growing: rank: 1, crd: 318048, firm: Valtrion Capital Management, LLC, city: Franklin, value: 1.00088776336734; rank: 2, crd: 318313, firm: Gambit Capital Management, LLC, city: Nashville, value: 0.653111083355182; rank: 3, crd: 147290, firm: Insight Strategic Wealth LLC, city: Knoxville, value: 0.560761787664114; rank: 4, crd: 319486, firm: RBG Wealth Advisors LLC, city: Memphis, value: 0.47366347037336; rank: 5, crd: 277149, firm: Leading Edge Financial Planning LLC, city: Knoxville, value: 0.44869507356272; rank: 6, crd: 334028, firm: Creative Investment Group, city: Nashville, value: 0.433394819945014; rank: 7, crd: 151439, firm: Commerce Advisors, LLC, city: Memphis, value: 0.428167298325837; rank: 8, crd: 285903, firm: Abound Wealth Management, LLC, city: Franklin, value: 0.400660080791488; rank: 9, crd: 283478, firm: Tranquility Partners, LLC, city: Brentwood, value: 0.400657072432015; rank: 10, crd: 150094, firm: Decker Wealth Management, LLC, city: Nashville, value: 0.375563351413342, fastest-growing-3-year: rank: 1, crd: 312899, firm: Cogentblue, city: Knoxville, value: 0.788732295340217; rank: 2, crd: 173773, firm: Key Capital Management, Inc., city: Hendersonville, value: 0.455185200523984; rank: 3, crd: 156737, firm: Fielder Capital Group LLC, city: Nashville, value: 0.403288317601977; rank: 4, crd: 277149, firm: Leading Edge Financial Planning LLC, city: Knoxville, value: 0.39314887786921; rank: 5, crd: 285903, firm: Abound Wealth Management, LLC, city: Franklin, value: 0.352722758936057; rank: 6, crd: 127411, firm: Seven Springs Wealth Group, city: Brentwood, value: 0.347362985028514; rank: 7, crd: 285347, firm: Blue Ridge Wealth Planners, city: Knoxville, value: 0.342565748239311; rank: 8, crd: 161352, firm: Efinancial Alliance, LLC, city: Franklin, value: 0.333834669873713; rank: 9, crd: 150483, firm: Visionary Horizons, LLC, city: Knoxville, value: 0.310274229586489; rank: 10, crd: 147290, firm: Insight Strategic Wealth LLC, city: Knoxville, value: 0.307244365834638, fastest-growing-5-year: rank: 1, crd: 285903, firm: Abound Wealth Management, LLC, city: Franklin, value: 0.311904023493484; rank: 2, crd: 277149, firm: Leading Edge Financial Planning LLC, city: Knoxville, value: 0.310077742256628; rank: 3, crd: 153235, firm: Red Door Wealth Management, LLC, city: Memphis, value: 0.302122941785407; rank: 4, crd: 156737, firm: Fielder Capital Group LLC, city: Nashville, value: 0.300858012643552; rank: 5, crd: 286503, firm: McCay Wealth Advisory LLC, city: Manchester, value: 0.252741068923934; rank: 6, crd: 283478, firm: Tranquility Partners, LLC, city: Brentwood, value: 0.22871466038277; rank: 7, crd: 108068, firm: Laffer Tengler Investments, Inc., city: Nashville, value: 0.220205403014072; rank: 8, crd: 127411, firm: Seven Springs Wealth Group, city: Brentwood, value: 0.216357018171287; rank: 9, crd: 150483, firm: Visionary Horizons, LLC, city: Knoxville, value: 0.205335504808368; rank: 10, crd: 156135, firm: Innovative Advisory Partners, LLC, city: Hixson, value: 0.197473737768532, biggest-asset-gains: rank: 1, crd: 283515, firm: Sagespring Wealth Partners, city: Franklin, value: 2001038735; rank: 2, crd: 105203, firm: The Pacific Financial Group, Inc., city: Nashville, value: 961872282; rank: 3, crd: 285485, firm: Calydon Capital, LLC, city: Memphis, value: 717946619; rank: 4, crd: 153235, firm: Red Door Wealth Management, LLC, city: Memphis, value: 565171413; rank: 5, crd: 285903, firm: Abound Wealth Management, LLC, city: Franklin, value: 557351204; rank: 6, crd: 114885, firm: Rather & Kittrell, Inc., city: Knoxville, value: 397092625; rank: 7, crd: 108619, firm: Legacy Wealth Management, LLC, city: Memphis, value: 298624582; rank: 8, crd: 115231, firm: Steel Grove Capital Advisors, LLC, city: Memphis, value: 279468434; rank: 9, crd: 283478, firm: Tranquility Partners, LLC, city: Brentwood, value: 274620696; rank: 10, crd: 108943, firm: LBMC Investment Advisors, LLC, city: Brentwood, value: 272582438, most-clients: rank: 1, crd: 105203, firm: The Pacific Financial Group, Inc., city: Nashville, value: 17789; rank: 2, crd: 283515, firm: Sagespring Wealth Partners, city: Franklin, value: 11633; rank: 3, crd: 167816, firm: Virtue Capital Management, LLC, city: Brentwood, value: 5775; rank: 4, crd: 147260, firm: Financial Compass Investment Services, Inc, city: Springfield, value: 3560; rank: 5, crd: 148781, firm: Capwealth Advisors, LLC, city: Franklin, value: 2858; rank: 6, crd: 160321, firm: Tvamp, LLC, city: Knoxville, value: 2553; rank: 7, crd: 119342, firm: Paul Winkler, Inc., city: Goodlettsville, value: 2481; rank: 8, crd: 160266, firm: Sageguard Financial Group, LLC, city: Goodlettsville, value: 2469; rank: 9, crd: 156228, firm: Beacon Capital Management, LLC, city: Franklin, value: 2098; rank: 10, crd: 173773, firm: Key Capital Management, Inc., city: Hendersonville, value: 2018, client-growth: rank: 1, crd: 285485, firm: Calydon Capital, LLC, city: Memphis, value: 1.31517509727626; rank: 2, crd: 161352, firm: Efinancial Alliance, LLC, city: Franklin, value: 1.03846153846154; rank: 3, crd: 316489, firm: Childfree Wealth, city: Mount Juliet, value: 0.936708860759494; rank: 4, crd: 285824, firm: WMG Financial Advisors, LLC, city: Knoxville, value: 0.756900212314225; rank: 5, crd: 330640, firm: HS Wealth Partners, city: Nashville, value: 0.417910447761194; rank: 6, crd: 147290, firm: Insight Strategic Wealth LLC, city: Knoxville, value: 0.355670103092784; rank: 7, crd: 167816, firm: Virtue Capital Management, LLC, city: Brentwood, value: 0.343648208469055; rank: 8, crd: 168239, firm: The Nalls Sherbakoff Group, LLC, city: Knoxville, value: 0.340482573726542; rank: 9, crd: 127344, firm: Carota Wealth Management, city: Thompsons Station, value: 0.31547619047619; rank: 10, crd: 304337, firm: Savvyfi, city: Franklin, value: 0.284518828451883, most-accounts: rank: 1, crd: 283515, firm: Sagespring Wealth Partners, city: Franklin, value: 41069; rank: 2, crd: 105203, firm: The Pacific Financial Group, Inc., city: Nashville, value: 16832; rank: 3, crd: 167816, firm: Virtue Capital Management, LLC, city: Brentwood, value: 7561; rank: 4, crd: 156228, firm: Beacon Capital Management, LLC, city: Franklin, value: 5702; rank: 5, crd: 160321, firm: Tvamp, LLC, city: Knoxville, value: 5057; rank: 6, crd: 285903, firm: Abound Wealth Management, LLC, city: Franklin, value: 5040; rank: 7, crd: 108619, firm: Legacy Wealth Management, LLC, city: Memphis, value: 4667; rank: 8, crd: 153235, firm: Red Door Wealth Management, LLC, city: Memphis, value: 4471; rank: 9, crd: 112155, firm: Patriot Investment Management Group Inc, city: Knoxville, value: 4197; rank: 10, crd: 150483, firm: Visionary Horizons, LLC, city: Knoxville, value: 3989, most-advisory-staff: rank: 1, crd: 283515, firm: Sagespring Wealth Partners, city: Franklin, value: 100; rank: 2, crd: 167816, firm: Virtue Capital Management, LLC, city: Brentwood, value: 90; rank: 3, crd: 285903, firm: Abound Wealth Management, LLC, city: Franklin, value: 26; rank: 4, crd: 160321, firm: Tvamp, LLC, city: Knoxville, value: 24; rank: 5, crd: 301764, firm: Optivise Advisory Services LLC, city: Franklin, value: 22; rank: 6, crd: 105203, firm: The Pacific Financial Group, Inc., city: Nashville, value: 20; rank: 7, crd: 114885, firm: Rather & Kittrell, Inc., city: Knoxville, value: 17; rank: 7, crd: 156228, firm: Beacon Capital Management, LLC, city: Franklin, value: 17; rank: 9, crd: 108619, firm: Legacy Wealth Management, LLC, city: Memphis, value: 16; rank: 9, crd: 112155, firm: Patriot Investment Management Group Inc, city: Knoxville, value: 16, most-hnw-clients: rank: 1, crd: 283515, firm: Sagespring Wealth Partners, city: Franklin, value: 2060; rank: 2, crd: 111002, firm: Lee Danner & Bass Inc, city: Nashville, value: 959; rank: 3, crd: 115231, firm: Steel Grove Capital Advisors, LLC, city: Memphis, value: 831; rank: 4, crd: 108619, firm: Legacy Wealth Management, LLC, city: Memphis, value: 674; rank: 5, crd: 285903, firm: Abound Wealth Management, LLC, city: Franklin, value: 640; rank: 6, crd: 105414, firm: Patten and Patten, Inc., city: Chattanooga, value: 596; rank: 7, crd: 145536, firm: TBH Global Asset Management, LLC, city: Brentwood, value: 431; rank: 8, crd: 153235, firm: Red Door Wealth Management, LLC, city: Memphis, value: 428; rank: 9, crd: 114885, firm: Rather & Kittrell, Inc., city: Knoxville, value: 369; rank: 9, crd: 281558, firm: Patton Albertson Miller Group, LLC, city: Chattanooga, value: 369, most-cfp-professionals: rank: 1, crd: 283515, firm: Sagespring Wealth Partners, city: Franklin, value: 67; rank: 2, crd: 285903, firm: Abound Wealth Management, LLC, city: Franklin, value: 16; rank: 3, crd: 160321, firm: Tvamp, LLC, city: Knoxville, value: 14; rank: 4, crd: 108619, firm: Legacy Wealth Management, LLC, city: Memphis, value: 11; rank: 4, crd: 114885, firm: Rather & Kittrell, Inc., city: Knoxville, value: 11; rank: 6, crd: 150843, firm: HHM Wealth Advisors, LLC, city: Chattanooga, value: 10; rank: 7, crd: 150483, firm: Visionary Horizons, LLC, city: Knoxville, value: 9; rank: 8, crd: 107727, firm: Kelman Lazarov Inc, city: Memphis, value: 8; rank: 8, crd: 112155, firm: Patriot Investment Management Group Inc, city: Knoxville, value: 8; rank: 8, crd: 328930, firm: Defining Wealth, city: Franklin, value: 8, newest: rank: 1, crd: 339742, firm: Sagepoint Capital Partners LLC, city: Franklin, value: 888349379; rank: 2, crd: 341495, firm: Keystone Financial Resources, LLC, city: Brentwood, value: 178528735; rank: 3, crd: 156462, firm: Witt Financial Group, LLC, city: Crossville, value: 160466246; rank: 4, crd: 289069, firm: Retirement Solutions Group, city: Franklin, value: 159620234; rank: 5, crd: 293119, firm: Roan Capital Partners, city: Johnson City, value: 152023601; rank: 6, crd: 118886, firm: Quality Financial Concepts, city: Maryville, value: 128841915; rank: 7, crd: 318898, firm: Benson Wealth Management, Inc., city: Ooltewah, value: 124794161; rank: 8, crd: 277030, firm: Lotus Asset Management Limited Liability Company, city: Nashville, value: 120506379; rank: 9, crd: 150430, firm: Bas Capital, city: Memphis, value: 117010925; rank: 10, crd: 149999, firm: Integra Wealth, city: Chattanooga, value: 116465458
- cities: name: Memphis, independent_rias: 39, raum: 20723610233, url: https://advisoriq.com/ria/states/tennessee/memphis/; name: Franklin, independent_rias: 40, raum: 17694598393, url: https://advisoriq.com/ria/states/tennessee/franklin/; name: Nashville, independent_rias: 57, raum: 16567898464, url: https://advisoriq.com/ria/states/tennessee/nashville/; name: Knoxville, independent_rias: 51, raum: 15113424338, url: https://advisoriq.com/ria/states/tennessee/knoxville/; name: Chattanooga, independent_rias: 31, raum: 10617916607, url: https://advisoriq.com/ria/states/tennessee/chattanooga/; name: Brentwood, independent_rias: 32, raum: 10311142877, url: https://advisoriq.com/ria/states/tennessee/brentwood/; name: Germantown, independent_rias: 11, raum: 1675458617, url: https://advisoriq.com/ria/states/tennessee/germantown/; name: Johnson City, independent_rias: 9, raum: 1551983358, url: https://advisoriq.com/ria/states/tennessee/johnson-city/; name: Jackson, independent_rias: 5, raum: 756521362, url: https://advisoriq.com/ria/states/tennessee/jackson/; name: Kingsport, independent_rias: 5, raum: 502302725, url: https://advisoriq.com/ria/states/tennessee/kingsport/; name: Murfreesboro, independent_rias: 6, raum: 399848154, url: https://advisoriq.com/ria/states/tennessee/murfreesboro/; name: Clarksville, independent_rias: 5, raum: 233050033, url: https://advisoriq.com/ria/states/tennessee/clarksville/
- 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 Tennessee](https://advisoriq.com/ria/rankings/largest/tennessee/)
- [Fastest-growing independent RIAs over one year in Tennessee](https://advisoriq.com/ria/rankings/fastest-growing/tennessee/)
- [Fastest-growing independent RIAs over three years in Tennessee](https://advisoriq.com/ria/rankings/fastest-growing-3-year/tennessee/)
- [Fastest-growing independent RIAs over five years in Tennessee](https://advisoriq.com/ria/rankings/fastest-growing-5-year/tennessee/)
- [IAR CE in Tennessee](https://advisoriq.com/ce/iar/tennessee/)

## Cite as

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

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