{"type":"ria_state","disclaimer":"Firm-level data as reported on Form ADV to the SEC and state regulators; corrections are made on Form ADV and appear after the next monthly reload.","title":"Independent RIAs in Utah","lead":"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.","as_of":"2026-10-02","facts":{"state":"Utah","code":"UT","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. 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directory.","latest":{"independent":{"accounts":339177,"firms":262,"median_raum":68629885.5,"raum":69179327714,"advisory_employees":961,"avg_account":203962.319715075,"band_100m_250m":41,"band_100m_250m_raum":6157955561,"band_10b_plus":1,"band_10b_plus_raum":12036590400,"band_1b_5b":14,"band_1b_5b_raum":23849923348,"band_250m_500m":24,"band_250m_500m_raum":8477123673,"band_500m_1b":15,"band_500m_1b_raum":9356417325,"band_5b_10b":1,"band_5b_10b_raum":5641210181,"band_lt100m":128,"band_lt100m_raum":3660107226,"bd_affiliated_share":0.00381679389312977,"cfp_professionals":231,"clients":258299,"custody_share":0.255725190839695,"employees":1518,"fee_aum_pct_share":0.942748091603053,"fee_commissions_share":0.0343511450381679,"fee_fixed_share":0.568702290076336,"fee_hourly_share":0.515267175572519,"fee_other_share":0.106870229007634,"fee_performance_share":0.0648854961832061,"fee_subscription_share":0.0190839694656489,"financial_planning_share":0.820610687022901,"firms_with_raum":224,"iars":1092,"mean_raum":308836284.4375,"new_firms":38,"p25_raum":12450943.75,"p75_raum":242007405.25,"p90_raum":564897701.1,"raum_discretionary":62833740588,"top100_share":0.952639619590623,"top10_share":0.491010697927408},"independent_sec":{"accounts":319384,"firms":98,"median_raum":305501290,"raum":65275695130,"advisory_employees":720,"avg_account":204379.978740325,"band_100m_250m":38,"band_100m_250m_raum":5848730784,"band_10b_plus":1,"band_10b_plus_raum":12036590400,"band_1b_5b":14,"band_1b_5b_raum":23849923348,"band_250m_500m":24,"band_250m_500m_raum":8477123673,"band_500m_1b":15,"band_500m_1b_raum":9356417325,"band_5b_10b":1,"band_5b_10b_raum":5641210181,"band_lt100m":4,"band_lt100m_raum":65699419,"bd_affiliated_share":0.0102040816326531,"cfp_professionals":174,"clients":243840,"custody_share":0.469387755102041,"employees":1241,"fee_aum_pct_share":0.979591836734694,"fee_commissions_share":0.0204081632653061,"fee_fixed_share":0.642857142857143,"fee_hourly_share":0.5,"fee_other_share":0.0816326530612245,"fee_performance_share":0.122448979591837,"fee_subscription_share":0.0204081632653061,"financial_planning_share":0.908163265306122,"firms_with_raum":97,"iars":837,"mean_raum":672945310.618557,"new_firms":18,"p25_raum":141443347,"p75_raum":558994364,"p90_raum":1402227423.2,"raum_discretionary":59261519392,"raum_growth_1y":0.263217453230083,"successions":1,"top10_share":0.520374236005474},"state":{"accounts":19793,"firms":164,"median_raum":18202261,"raum":3903632584,"advisory_employees":241,"avg_account":197222.886070833,"band_100m_250m":3,"band_100m_250m_raum":309224777,"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":124,"band_lt100m_raum":3594407807,"bd_affiliated_share":0,"cfp_professionals":57,"clients":14459,"custody_share":0.128048780487805,"employees":277,"fee_aum_pct_share":0.920731707317073,"fee_commissions_share":0.0426829268292683,"fee_fixed_share":0.524390243902439,"fee_hourly_share":0.524390243902439,"fee_other_share":0.121951219512195,"fee_performance_share":0.0304878048780488,"fee_subscription_share":0.0182926829268293,"financial_planning_share":0.768292682926829,"firms_with_raum":127,"iars":255,"mean_raum":30737264.4409449,"new_firms":20,"p25_raum":7561662.5,"p75_raum":45225323.5,"p90_raum":77561904.4,"raum_discretionary":3572221196,"top100_share":0.976222256577004,"top10_share":0.243758326513651}},"broker_dealer_affiliated_not_included":{"firms":10,"raum":12239386739},"series":{"firms":{"segment":"independent_sec","unit":"count","points":[{"as_of":"2018-10-01","value":46},{"as_of":"2019-10-01","value":50},{"as_of":"2020-10-01","value":53},{"as_of":"2021-10-04","value":58},{"as_of":"2022-10-03","value":65},{"as_of":"2023-10-05","value":71},{"as_of":"2024-10-01","value":69},{"as_of":"2025-09-02","value":76},{"as_of":"2026-10-02","value":98}]},"raum":{"segment":"independent_sec","unit":"usd","points":[{"as_of":"2018-10-01","value":11816621298},{"as_of":"2019-10-01","value":14409781795},{"as_of":"2020-10-01","value":17754307217},{"as_of":"2021-10-04","value":18307622058},{"as_of":"2022-10-03","value":30286771633},{"as_of":"2023-10-05","value":39257161027},{"as_of":"2024-10-01","value":44919052537},{"as_of":"2025-09-02","value":51674155517},{"as_of":"2026-10-02","value":65275695130}]},"accounts":{"segment":"independent_sec","unit":"count","points":[{"as_of":"2018-10-01","value":81169},{"as_of":"2019-10-01","value":103694},{"as_of":"2020-10-01","value":127802},{"as_of":"2021-10-04","value":140373},{"as_of":"2022-10-03","value":175087},{"as_of":"2023-10-05","value":205360},{"as_of":"2024-10-01","value":222567},{"as_of":"2025-09-02","value":249219},{"as_of":"2026-10-02","value":319384}]},"median_raum":{"segment":"independent_sec","unit":"usd","points":[{"as_of":"2018-10-01","value":195009000},{"as_of":"2019-10-01","value":203280755},{"as_of":"2020-10-01","value":226114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