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Independent RIAs in Utah

As of October 2, 2026, 262 independent wealth management RIAs based in Utah reported $69.2 billion in regulatory assets under management; the largest by assets was Soltis Investment Advisors, LLC, with $12.0 billion.

Include wirehouses and broker-dealer firms

Independent wealth management RIAs
262
SEC-registered
98
State-registered
164
Regulatory assets under management
$69.2 billion
Client accounts
339,177
Median firm size
$68.6 million
Broker-dealer affiliated firms, not included
10, with $12.2 billion

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

Top firms in Utah

Largest independent RIAs by assets under management

Rank Firm City RAUM
1 Soltis Investment Advisors, LLC St. George $12.0 billion
2 Sepio Capital, LP Salt Lake City $5.6 billion
3 Crewe Advisors Salt Lake City $3.1 billion
4 Capita Financial Network, LLC Draper $2.3 billion
5 Albion Financial Group Salt Lake City $2.0 billion
6 Physician Wealth Advisors, Inc. Salt Lake City $2.0 billion
7 Healthequity Advisors Draper $2.0 billion
8 The Norden Group LLC Provo $2.0 billion
9 Drive Wealth Advisers Lehi $1.5 billion
10 Portside Wealth Group, LLC Provo $1.4 billion

Top 100 in Utah

Fastest-growing independent RIAs over one year

Rank Firm City Growth Starting value
1 Three Seasons Wealth Salt Lake City 241.1% $361.7 million
2 Tencap Wealth Coaching South Jordan 143.2% $117.2 million
3 Elysium Wealth Management, LLC South Jordan 121.3% $159.2 million
4 Platform Wealth Advisors Holladay 54.9% $328.6 million
5 Athos Private Wealth LLC Holladay 51.9% $176.7 million
6 Coign Capital Advisors LLC Draper 47.3% $321.0 million
7 Soltis Investment Advisors, LLC St. George 44.1% $8.4 billion
8 Driven Investments LLC Lehi 41.8% $168.6 million
9 Stonebriar Wealth, LLC Lehi 39.0% $100.0 million
10 Strategic Planning Group Bountiful 37.8% $660.6 million

Top 100 in Utah

Fastest-growing independent RIAs over three years

Rank Firm City Growth Starting value
1 Three Seasons Wealth Salt Lake City 73.1% $237.7 million
2 Scott Marsh Financial, LLC Salt Lake City 46.0% $100.6 million
3 Decker Retirement Planning Inc. Lehi 45.2% $117.5 million
4 Athos Private Wealth LLC Holladay 37.6% $103.1 million
5 Iron Gate Global Advisors North Salt Lake 34.6% $542.7 million
6 Crewe Advisors Salt Lake City 33.3% $1.3 billion
7 Wealth Management CPAS, LLC Salt Lake City 33.2% $139.4 million
8 B.O.S.S. Retirement Advisors, LLC Lehi 33.0% $588.0 million
9 Switchpoint Financial Planning LLC Lehi 32.8% $156.9 million
10 New Millennium Group Sandy 31.0% $114.4 million

Top 100 in Utah

Fastest-growing independent RIAs over five years

Rank Firm City Growth Starting value
1 B.O.S.S. Retirement Advisors, LLC Lehi 38.0% $276.7 million
2 Andina Advisors Logan 37.4% $258.1 million
3 Crewe Advisors Salt Lake City 33.5% $719.0 million
4 Soltis Investment Advisors, LLC St. George 29.4% $3.3 billion
5 Iron Gate Global Advisors North Salt Lake 29.2% $368.0 million
6 Decker Retirement Planning Inc. Lehi 26.8% $109.7 million
7 Scott Marsh Financial, LLC Salt Lake City 23.1% $110.6 million
8 Capita Financial Network, LLC Draper 23.1% $822.2 million
9 Truenorth Wealth Salt Lake City 20.7% $493.4 million
10 Healthequity Advisors Draper 19.5% $820.2 million

Top 100 in Utah

Independent RIAs with the biggest asset gains over one year

Rank Firm City Increase
1 Soltis Investment Advisors, LLC St. George $3.7 billion
2 Sepio Capital, LP Salt Lake City $1.2 billion
3 Three Seasons Wealth Salt Lake City $872.1 million
4 Crewe Advisors Salt Lake City $538.2 million
5 Healthequity Advisors Draper $486.4 million
6 Capita Financial Network, LLC Draper $474.3 million
7 B.O.S.S. Retirement Advisors, LLC Lehi $321.8 million
8 Portside Wealth Group, LLC Provo $306.3 million
9 Physician Wealth Advisors, Inc. Salt Lake City $276.8 million
10 Iron Gate Global Advisors North Salt Lake $263.8 million

Top 100 in Utah

Independent RIAs with the most clients

Rank Firm City Most clients
1 Healthequity Advisors Draper 178,478
2 Portside Wealth Group, LLC Provo 6,495
3 Soltis Investment Advisors, LLC St. George 5,428
4 B.O.S.S. Retirement Advisors, LLC Lehi 5,013
5 Capita Financial Network, LLC Draper 2,888
6 Navigate Private Wealth, LLC Draper 1,929
7 Financial Network Wealth Advisors LLC Murray 1,831
8 Iron Gate Global Advisors North Salt Lake 1,792
9 Strategic Planning Group Bountiful 1,622
10 The Norden Group LLC Provo 1,531

Top 100 in Utah

Independent RIAs with the fastest client growth over one year

Rank Firm City Growth Starting value
1 Financial Network Wealth Advisors LLC Murray 119.0% 836
2 Albion Financial Group Salt Lake City 94.7% 757
3 Elysium Wealth Management, LLC South Jordan 84.5% 419
4 Iron Gate Global Advisors North Salt Lake 68.9% 1,061
5 Stonebriar Wealth, LLC Lehi 62.9% 310
6 Wealth Management CPAS, LLC Salt Lake City 52.5% 611
7 Tencap Wealth Coaching South Jordan 44.5% 535
8 Periope, LC St. George 42.7% 440
9 Healthequity Advisors Draper 34.0% 133,158
10 Strategic Planning Group Bountiful 25.2% 1,296

Top 100 in Utah

Independent RIAs with the most accounts

Rank Firm City Most accounts
1 Healthequity Advisors Draper 178,476
2 B.O.S.S. Retirement Advisors, LLC Lehi 11,452
3 Portside Wealth Group, LLC Provo 7,819
4 Capita Financial Network, LLC Draper 7,042
5 Physician Wealth Advisors, Inc. Salt Lake City 5,906
6 Soltis Investment Advisors, LLC St. George 5,414
7 Strategic Planning Group Bountiful 4,663
8 Andina Advisors Logan 4,262
9 The Norden Group LLC Provo 4,220
10 Drive Wealth Advisers Lehi 4,196

Top 100 in Utah

Independent RIAs with the most advisory staff

Rank Firm City Most advisory staff
1 Soltis Investment Advisors, LLC St. George 63
2 B.O.S.S. Retirement Advisors, LLC Lehi 49
3 Portside Wealth Group, LLC Provo 47
4 Capita Financial Network, LLC Draper 22
5 The Norden Group LLC Provo 20
6 Elevated Capital Advisors, LLC Draper 19
7 Sepio Capital, LP Salt Lake City 18
8 Crewe Advisors Salt Lake City 16
9 Drive Wealth Advisers Lehi 15
9 Your IA, LLC St. George 15

Top 100 in Utah

Independent RIAs with the most high net worth clients

Rank Firm City Most high net worth clients
1 Soltis Investment Advisors, LLC St. George 3,207
2 Portside Wealth Group, LLC Provo 2,086
3 Capita Financial Network, LLC Draper 599
4 Iron Gate Global Advisors North Salt Lake 536
5 Physician Wealth Advisors, Inc. Salt Lake City 371
6 Strategic Planning Group Bountiful 342
7 Brighton Wealth Management, Inc. Cottonwood Heights 335
8 Drive Wealth Advisers Lehi 329
9 Crewe Advisors Salt Lake City 303
10 The Norden Group LLC Provo 295

Top 100 in Utah

Independent RIAs with the most CFP professionals

Rank Firm City Most CFP professionals
1 Soltis Investment Advisors, LLC St. George 11
2 Capita Financial Network, LLC Draper 10
3 Albion Financial Group Salt Lake City 9
4 Net Worth Advisory Group, LLC Sandy 8
4 Portside Wealth Group, LLC Provo 8
6 Physician Wealth Advisors, Inc. Salt Lake City 6
6 B.O.S.S. Retirement Advisors, LLC Lehi 6
6 Adams Wealth Advisors Logan 6
9 Blue Barn Wealth Orem 5
9 Peterson Wealth Advisors, LLC Orem 5

Top 100 in Utah

Newest independent RIAs

Rank Firm City Amount
1 Tanara Wealth Management LLC Lehi $1.1 billion
2 Tingey Financial Group Inc. Salt Lake City $257.0 million
3 Olympus Peaks Financial, LLC Sandy $141.4 million
4 Heaton Financial, PC Cedar City $140.1 million
5 Larson Williams Wealth Advisors, LLC Cedar City $140.0 million
6 Veritas Wealth Management, LLC Salt Lake City $135.8 million
7 JRS Wealth Management LLC South Jordan $135.0 million
8 Brighton Wealth Management, Inc. Cottonwood Heights $131.9 million
9 Altura Private Wealth LLC Centerville $129.1 million
10 Riley S. Crosbie Advisory, LLC Logan $118.9 million

Top 100 in Utah

Over time

From the SEC's yearly files: SEC-registered independent RIAs based in Utah, 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.
025507510020182020202120232024202698October 1, 2018: 46October 1, 2019: 50October 1, 2020: 53October 4, 2021: 58October 3, 2022: 65October 5, 2023: 71October 1, 2024: 69September 2, 2025: 76October 2, 2026: 98
Data table
As ofFirms
October 1, 201846
October 1, 201950
October 1, 202053
October 4, 202158
October 3, 202265
October 5, 202371
October 1, 202469
September 2, 202576
October 2, 202698
Regulatory assets under managementSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
$0$20B$40B$60B$80B201820202021202320242026$65.3BOctober 1, 2018: $11.8 billionOctober 1, 2019: $14.4 billionOctober 1, 2020: $17.8 billionOctober 4, 2021: $18.3 billionOctober 3, 2022: $30.3 billionOctober 5, 2023: $39.3 billionOctober 1, 2024: $44.9 billionSeptember 2, 2025: $51.7 billionOctober 2, 2026: $65.3 billion
Data table
As ofRegulatory assets under management
October 1, 2018$11.8 billion
October 1, 2019$14.4 billion
October 1, 2020$17.8 billion
October 4, 2021$18.3 billion
October 3, 2022$30.3 billion
October 5, 2023$39.3 billion
October 1, 2024$44.9 billion
September 2, 2025$51.7 billion
October 2, 2026$65.3 billion
Client accountsSEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
0100K200K300K400K201820202021202320242026319KOctober 1, 2018: 81,169October 1, 2019: 103,694October 1, 2020: 127,802October 4, 2021: 140,373October 3, 2022: 175,087October 5, 2023: 205,360October 1, 2024: 222,567September 2, 2025: 249,219October 2, 2026: 319,384
Data table
As ofClient accounts
October 1, 201881,169
October 1, 2019103,694
October 1, 2020127,802
October 4, 2021140,373
October 3, 2022175,087
October 5, 2023205,360
October 1, 2024222,567
September 2, 2025249,219
October 2, 2026319,384
Median firm size (RAUM)SEC-registered independent RIAs. 9 snapshots, October 1, 2018 to October 2, 2026.
$0$100M$200M$300M$400M201820202021202320242026$306MOctober 1, 2018: $195.0 millionOctober 1, 2019: $203.3 millionOctober 1, 2020: $226.1 millionOctober 4, 2021: $248.5 millionOctober 3, 2022: $282.6 millionOctober 5, 2023: $277.4 millionOctober 1, 2024: $312.5 millionSeptember 2, 2025: $361.4 millionOctober 2, 2026: $305.5 million
Data table
As ofMedian firm size (RAUM)
October 1, 2018$195.0 million
October 1, 2019$203.3 million
October 1, 2020$226.1 million
October 4, 2021$248.5 million
October 3, 2022$282.6 million
October 5, 2023$277.4 million
October 1, 2024$312.5 million
September 2, 2025$361.4 million
October 2, 2026$305.5 million

The market in Utah now

Headline figures

MeasureIndependent RIAsSEC-registeredState-registered
Firms26298164
Regulatory assets under management$69.2 billion$65.3 billion$3.9 billion
Accounts339,177319,38419,793
Clients258,299243,84014,459
Employees1,5181,241277
Advisory employees961720241
Investment adviser representatives1,092837255
Median RAUM$68.6 million$305.5 million$18.2 million
Average RAUM$308.8 million$672.9 million$30.7 million

Firms by size

Advisers grouped by regulatory assets under management.

MeasureIndependent RIAsSEC-registeredState-registered
Firms under $100 million1284124
RAUM of firms under $100 million$3.7 billion$65.7 million$3.6 billion
Firms $100 million to $250 million41383
RAUM of firms $100 million to $250 million$6.2 billion$5.8 billion$309.2 million
Firms $250 million to $500 million24240
RAUM of firms $250 million to $500 million$8.5 billion$8.5 billion$0
Firms $500 million to $1 billion15150
RAUM of firms $500 million to $1 billion$9.4 billion$9.4 billion$0
Firms $1 billion to $5 billion14140
RAUM of firms $1 billion to $5 billion$23.8 billion$23.8 billion$0
Firms $5 billion to $10 billion110
RAUM of firms $5 billion to $10 billion$5.6 billion$5.6 billion$0
Firms $10 billion and up110
RAUM of firms $10 billion and up$12.0 billion$12.0 billion$0

Concentration

How much of the market the largest advisers hold.

Concentration: independent RIAsAs of October 2, 2026.
Top 10 share of RAUM 49.1%
Top 100 share of RAUM 95.3%
MeasureIndependent RIAsSEC-registeredState-registered
Top 10 share of RAUM49.1%52.0%24.4%
Top 100 share of RAUM95.3%No data97.6%

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 94.3%
Charge hourly fees 51.5%
Charge subscription fees 1.9%
Charge fixed fees 56.9%
Receive commissions 3.4%
Charge performance-based fees 6.5%
Other compensation 10.7%
MeasureIndependent RIAsSEC-registeredState-registered
Charge a percentage of assets94.3%98.0%92.1%
Charge hourly fees51.5%50.0%52.4%
Charge subscription fees1.9%2.0%1.8%
Charge fixed fees56.9%64.3%52.4%
Receive commissions3.4%2.0%4.3%
Charge performance-based fees6.5%12.2%3.0%
Other compensation10.7%8.2%12.2%

Custody

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

MeasureIndependent RIAsSEC-registeredState-registered
Have custody25.6%46.9%12.8%

Broker-dealer and other affiliations

From Form ADV Items 6 and 7.

MeasureIndependent RIAsSEC-registeredState-registered
Broker-dealer affiliated0.4%1.0%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 registrations381820
SuccessionsNo data1No data

Other measures

MeasureIndependent RIAsSEC-registeredState-registered
Firms reporting RAUM22497127
Discretionary RAUM$62.8 billion$59.3 billion$3.6 billion
CFP professionals23117457
25th percentile RAUM$12.5 million$141.4 million$7.6 million
75th percentile RAUM$242.0 million$559.0 million$45.2 million
90th percentile RAUM$564.9 million$1.4 billion$77.6 million
Average account size$203,962$204,380$197,223
Offer financial planning82.1%90.8%76.8%
RAUM growth, one yearNo data26.3%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.