State market data

Wealth management firms in Virginia

As of October 2, 2026, 659 wealth management firms, including broker-dealer firms, based in Virginia reported $204.7 billion in regulatory assets under management; the largest by assets was Davenport & Company LLC, with $24.7 billion.

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

Wealth management firms: 659
SEC-registered: 231
State-registered: 428
Regulatory assets under management: $204.7 billion
Client accounts: 351,457
Median firm size: $64.7 million
Of which broker-dealer affiliated: 19, with $44.9 billion

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

Top firms in Virginia

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

Largest wealth firms by assets under management, including broker-dealer firms in Virginia, top 10
Rank	Firm	City	RAUM
1	Davenport & Company 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.	Richmond	$24.7 billion
2	Cary Street Partners	Richmond	$10.3 billion
3	Brown Advisory	Norfolk	$7.6 billion
4	Cassaday & Company, Inc.	McLean	$7.1 billion
5	Andersen	McLean	$6.3 billion
6	Evanson Financial, LLC DBA Evanson Asset Management	McLean	$5.8 billion
7	Heritage Wealth Advisors	Richmond	$4.9 billion
8	The Ascent Group, LLC	Virginia Beach	$4.8 billion
9	Spire Wealth Management, 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.	McLean	$4.5 billion
10	Wealthcare Capital Management LLC	Richmond	$3.9 billion

Top 100 in Virginia

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

Fastest-growing wealth firms over one year, including broker-dealer firms in Virginia, top 10
Rank	Firm	City	Growth	Starting value
1	Legacy Wealth Management Inc.	Manassas	77.0%	$177.3 million
2	Abich Financial Wealth Management, LLC	Ashburn	73.4%	$227.6 million
3	The Lewis Financial Group	Ashburn	53.7%	$313.9 million
4	Decisionmap Wealth Management, LLC	Great Falls	49.8%	$242.5 million
5	Brown Edwards Wealth Strategies	Lynchburg	48.2%	$272.2 million
6	Cobblestone Asset Management	Richmond	43.2%	$180.8 million
7	Monument Wealth Management	Alexandria	39.4%	$465.1 million
8	Covenant Wealth Advisors	Richmond	39.3%	$653.0 million
9	Buttonwood Wealth	Winchester	38.6%	$306.9 million
10	Colonial River Wealth Management LLC	Midlothian	36.6%	$339.8 million

Top 100 in Virginia

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

Fastest-growing wealth firms over three years, including broker-dealer firms in Virginia, top 10
Rank	Firm	City	Growth	Starting value
1	Abich Financial Wealth Management, LLC	Ashburn	57.9%	$100.3 million
2	Covenant Wealth Advisors	Richmond	49.6%	$271.7 million
3	Legacy Wealth Management Inc.	Manassas	44.2%	$104.6 million
4	Martin Wealth Solutions	Christiansburg	41.8%	$132.3 million
5	Navy Federal Investment Services, 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.	Vienna	35.1%	$852.4 million
6	Dover Advisors, LLC	Richmond	34.3%	$155.1 million
7	Integrated Financial Solutions, Inc.	Reston	33.0%	$129.0 million
8	The Main Street Group	Glen Allen	32.0%	$224.1 million
9	3CHOPT Investment Partners LLC	Richmond	30.0%	$404.8 million
10	Capitol Private Wealth Group LLC	Vienna	30.0%	$256.0 million

Top 100 in Virginia

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

Fastest-growing wealth firms over five years, including broker-dealer firms in Virginia, top 10
Rank	Firm	City	Growth	Starting value
1	Covenant Wealth Advisors	Richmond	31.8%	$229.0 million
2	Reframe Wealth, LLC	Fairfax	30.1%	$106.0 million
3	Cary Street Partners	Richmond	25.8%	$3.3 billion
4	Navy Federal Investment Services, 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.	Vienna	23.7%	$726.3 million
5	Legacy Wealth Management Inc.	Manassas	22.9%	$112.1 million
6	Olio Financial Planning	McLean	22.2%	$219.9 million
7	Capitol Private Wealth Group LLC	Vienna	21.4%	$213.3 million
8	Concord Wealth Partners	Abingdon	20.3%	$423.9 million
9	The Main Street Group	Glen Allen	20.0%	$206.7 million
10	United Wealth Management, LLC	Charlottesville	19.8%	$165.0 million

Top 100 in Virginia

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 Virginia, top 10
Rank	Firm	City	Increase
1	Davenport & Company 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.	Richmond	$2.2 billion
2	Cary Street Partners	Richmond	$2.0 billion
3	Range Advisory, LLC	McLean	$1.2 billion
4	Cassaday & Company, Inc.	McLean	$1.2 billion
5	Wealthcare Capital Management LLC	Richmond	$897.8 million
6	Juno Financial Group LLC	Richmond	$541.9 million
7	Bogart Wealth, LLC	McLean	$510.6 million
8	Z3 Capital Partners	Richmond	$466.8 million
9	The Burney Company	Reston	$451.7 million
10	Navy Federal Investment Services, 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.	Vienna	$386.5 million

Top 100 in Virginia

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

Wealth firms with the most clients, including broker-dealer firms in Virginia, top 10
Rank	Firm	City	Most clients
1	Davenport & Company 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.	Richmond	17,808
2	Navy Federal Investment Services, 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.	Vienna	7,424
3	Cary Street Partners	Richmond	6,988
4	Spire Wealth Management, 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.	McLean	6,379
5	Wealthcare Capital Management LLC	Richmond	5,691
6	The Ascent Group, LLC	Virginia Beach	4,298
7	Capitol Securities Management, 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.	Glen Allen	4,011
8	Haas Investment Management LLC	Newport News	4,000
9	The Burney Company	Reston	3,862
10	Financial Security Advisory 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.	Virginia Beach	3,393

Top 100 in Virginia

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 Virginia, top 10
Rank	Firm	City	Growth	Starting value
1	Range Advisory, LLC	McLean	110.3%	1,404
2	The Burney Company	Reston	99.9%	1,932
3	Apforia	Virginia Beach	74.1%	286
4	Colonial River Wealth Management LLC	Midlothian	73.9%	1,034
5	The Lewis Financial Group	Ashburn	46.3%	229
6	Pactolus 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.	Vienna	45.5%	211
7	Martin Wealth Solutions	Christiansburg	43.1%	626
8	Cobblestone Asset Management	Richmond	39.8%	309
9	Legacy Wealth Management Inc.	Manassas	37.9%	533
10	Omega Wealth Management LLC	Arlington	35.9%	128

Top 100 in Virginia

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

Wealth firms with the most accounts, including broker-dealer firms in Virginia, top 10
Rank	Firm	City	Most accounts
1	Davenport & Company 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.	Richmond	24,315
2	Azzad Asset Management, Inc.	Falls Church	18,098
3	Cary Street Partners	Richmond	16,731
4	Spire Wealth Management, 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.	McLean	15,272
5	Wealthcare Capital Management LLC	Richmond	13,598
6	Navy Federal Investment Services, 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.	Vienna	8,783
7	The Ascent Group, LLC	Virginia Beach	8,449
8	Bogart Wealth, LLC	McLean	6,635
9	Rembert Pendleton Jackson 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.	Vienna	5,377
10	Range Advisory, LLC	McLean	5,205

Top 100 in Virginia

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

Wealth firms with the most advisory staff, including broker-dealer firms in Virginia, top 10
Rank	Firm	City	Most advisory staff
1	Davenport & Company 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.	Richmond	228
2	Navy Federal Investment Services, 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.	Vienna	147
3	Capitol Securities Management, 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.	Glen Allen	126
4	Cary Street Partners	Richmond	85
5	Spire Wealth Management, 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.	McLean	76
6	Andersen	McLean	50
7	The Burney Company	Reston	42
8	Financial Security Advisory 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.	Virginia Beach	37
9	Wealthcare Capital Management LLC	Richmond	35
10	Cassaday & Company, Inc.	McLean	32

Top 100 in Virginia

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 Virginia, top 10
Rank	Firm	City	Most high net worth clients
1	Davenport & Company 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.	Richmond	5,667
2	Cary Street Partners	Richmond	2,175
3	Cassaday & Company, Inc.	McLean	2,017
4	Wealthcare Capital Management LLC	Richmond	1,312
5	Capitol Securities Management, 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.	Glen Allen	1,287
6	The Burney Company	Reston	904
7	The Ascent Group, LLC	Virginia Beach	874
8	Evanson Financial, LLC DBA Evanson Asset Management	McLean	847
9	Range Advisory, LLC	McLean	806
10	Bogart Wealth, LLC	McLean	722

Top 100 in Virginia

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

Wealth firms with the most CFP professionals, including broker-dealer firms in Virginia, top 10
Rank	Firm	City	Most CFP professionals
1	Davenport & Company 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.	Richmond	47
2	Cary Street Partners	Richmond	33
3	Bogart Wealth, LLC	McLean	22
4	Cassaday & Company, Inc.	McLean	20
5	Range Advisory, LLC	McLean	19
6	Navy Federal Investment Services, 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.	Vienna	18
7	Financial Security Advisory 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.	Virginia Beach	12
7	Glassman Wealth Services, LLC	Vienna	12
9	Andersen	McLean	11
9	Yeske Buie Inc.	Vienna	11

Top 100 in Virginia

Newest wealth firms, including broker-dealer firms

Newest wealth firms, including broker-dealer firms in Virginia, top 10
Rank	Firm	City	Amount
1	Evanson Financial, LLC DBA Evanson Asset Management	McLean	$5.8 billion
2	ACTIV8 Family Office LLC	McLean	$1.5 billion
3	Bellars Harris Wealth Management	Virginia Beach	$505.4 million
4	Steelhead Wealth Management	Glen Allen	$341.9 million
5	Mwa Investments, LLC	White Stone	$250.4 million
6	Piedmont Wealth 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.	Alexandria	$156.1 million
7	Rechter Wealth Management, LLC	Clifton	$133.5 million
8	Patina Wealth	Crozet	$129.2 million
9	Fitzwilliams Wealth Management Inc.	Chesapeake	$123.5 million
10	Pegasus Financial Group LLC	Chantilly	$122.3 million

Top 100 in Virginia

Over time

From the SEC's yearly files: SEC-registered wealth firms based in Virginia, 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	157
October 1, 2019	164
October 1, 2020	170
October 4, 2021	178
October 3, 2022	183
October 5, 2023	177
October 1, 2024	185
September 2, 2025	201
October 2, 2026	231

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	$132.0 billion
October 1, 2019	$112.3 billion
October 1, 2020	$147.2 billion
October 4, 2021	$126.5 billion
October 3, 2022	$144.1 billion
October 5, 2023	$137.7 billion
October 1, 2024	$147.8 billion
September 2, 2025	$166.3 billion
October 2, 2026	$193.4 billion

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	310,177
October 1, 2019	259,886
October 1, 2020	282,073
October 4, 2021	229,294
October 3, 2022	246,436
October 5, 2023	396,051
October 1, 2024	267,229
September 2, 2025	284,284
October 2, 2026	318,407

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	$278.0 million
October 1, 2019	$263.4 million
October 1, 2020	$312.4 million
October 4, 2021	$284.1 million
October 3, 2022	$307.0 million
October 5, 2023	$295.4 million
October 1, 2024	$322.4 million
September 2, 2025	$324.5 million
October 2, 2026	$355.5 million

The market in Virginia now

Headline figures

Headline figures, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Firms	659	231	428
Regulatory assets under management	$204.7 billion	$193.4 billion	$11.2 billion
Accounts	351,457	318,407	33,050
Clients	167,228	139,722	27,506
Employees	5,913	5,280	633
Advisory employees	2,505	1,956	549
Investment adviser representatives	2,562	1,996	566
Median RAUM	$64.7 million	$355.5 million	$24.4 million
Average RAUM	$366.1 million	$863.5 million	$33.5 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	334	8	326
RAUM of firms under $100 million	$10.5 billion	$224.3 million	$10.3 billion
Firms $100 million to $250 million	84	75	9
RAUM of firms $100 million to $250 million	$12.7 billion	$11.8 billion	$944.4 million
Firms $250 million to $500 million	64	64	0
RAUM of firms $250 million to $500 million	$23.0 billion	$23.0 billion	$0
Firms $500 million to $1 billion	35	35	0
RAUM of firms $500 million to $1 billion	$24.8 billion	$24.8 billion	$0
Firms $1 billion to $5 billion	36	36	0
RAUM of firms $1 billion to $5 billion	$71.7 billion	$71.7 billion	$0
Firms $5 billion to $10 billion	4	4	0
RAUM of firms $5 billion to $10 billion	$26.9 billion	$26.9 billion	$0
Firms $10 billion and up	2	2	0
RAUM of firms $10 billion and up	$35.0 billion	$35.0 billion	$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		39.1%
Top 100 share of RAUM		82.3%

Concentration, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Top 10 share of RAUM	39.1%	41.3%	9.3%
Top 100 share of RAUM	82.3%	87.0%	65.4%

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		88.6%
Charge hourly fees		57.8%
Charge subscription fees		1.5%
Charge fixed fees		65.9%
Receive commissions		2.0%
Charge performance-based fees		6.1%
Other compensation		10.2%

How advisers are paid, as of October 2, 2026
Measure	All wealth firms	SEC-registered	State-registered
Charge a percentage of assets	88.6%	95.2%	85.0%
Charge hourly fees	57.8%	56.7%	58.4%
Charge subscription fees	1.5%	0.9%	1.9%
Charge fixed fees	65.9%	71.9%	62.6%
Receive commissions	2.0%	3.5%	1.2%
Charge performance-based fees	6.1%	5.6%	6.3%
Other compensation	10.2%	10.4%	10.0%

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	23.5%	53.2%	7.5%

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	3.5%	7.8%	1.2%

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	74	31	43
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	559	224	335
Discretionary RAUM	$187.6 billion	$177.7 billion	$10.0 billion
CFP professionals	815	642	173
25th percentile RAUM	$17.2 million	$166.3 million	$7.5 million
75th percentile RAUM	$250.2 million	$761.1 million	$56.1 million
90th percentile RAUM	$760.9 million	$1.5 billion	$80.4 million
Average account size	$582,294	$607,474	$339,717
Offer financial planning	81.8%	90.9%	76.9%
RAUM growth, one year	No data	16.3%	No data

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

Cities

Richmond 67 independent RIAs, $40.6 billion
McLean 32 independent RIAs, $31.2 billion
Virginia Beach 34 independent RIAs, $9.8 billion
Reston 27 independent RIAs, $9.0 billion
Norfolk 15 independent RIAs, $8.7 billion
Vienna 22 independent RIAs, $7.1 billion
Charlottesville 29 independent RIAs, $5.6 billion
Arlington 39 independent RIAs, $3.5 billion
Leesburg 16 independent RIAs, $3.5 billion
Falls Church 9 independent RIAs, $3.3 billion
Alexandria 33 independent RIAs, $3.1 billion
Glen Allen 19 independent RIAs, $2.7 billion
Fairfax 20 independent RIAs, $2.6 billion
Ashburn 14 independent RIAs, $1.7 billion
Roanoke 21 independent RIAs, $1.7 billion
Lynchburg 13 independent RIAs, $1.5 billion
Midlothian 14 independent RIAs, $1.4 billion
Henrico 13 independent RIAs, $1.1 billion
Herndon 8 independent RIAs, $1.1 billion
Williamsburg 13 independent RIAs, $1.0 billion
Great Falls 5 independent RIAs, $702.0 million
Chesapeake 9 independent RIAs, $618.1 million
Winchester 5 independent RIAs, $594.4 million
Newport News 6 independent RIAs, $576.5 million
Manassas 6 independent RIAs, $520.4 million
Chantilly 6 independent RIAs, $366.4 million
Oakton 5 independent RIAs, $253.1 million
Fredericksburg 5 independent RIAs, $47.2 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.