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City

Independent RIAs in Milwaukee, Wisconsin

As of October 2, 2026, 31 independent wealth management RIAs with their main office in Milwaukee, Wisconsin reported $14.3 billion in regulatory assets under management; the largest by assets was Operose Advisors LLC, with $2.0 billion.

Include wirehouses and broker-dealer firms

Independent wealth management RIAs
31
Regulatory assets under management
$14.3 billion
Average per firm
$460.7 million
SEC-registered, of those listed
16 of 31 (51.6%)

Firms by assets

#FirmRegistrationRAUMAccounts
1 Operose Advisors LLC SEC $2.0 billion 1,655
2 KLCM Advisors, Inc. SEC $1.9 billion 637
3 Diversified Management Inc SEC $1.9 billion 1,650
4 Campbell Newman Asset Management Inc SEC $1.4 billion 1,475
5 Capital Investment Services of America Inc SEC $1.3 billion 937
6 Oarsman Capital, Inc SEC $1.2 billion 2,256
7 Marietta Investment Partners, LLC SEC $683.7 million 151
8 Riverwater Partners LLC SEC $660.9 million 548
9 Friedlander & Co Inc SEC $564.8 million 64
10 Affiliated Financial Advisors Inc SEC $541.5 million 2,207
11 The Milwealth Group, LLC SEC $496.9 million 822
12 Arcataur Capital Management LLC SEC $469.5 million 766
13 1492 Capital Management, LLC SEC $274.6 million 98
14 Transcend Advisor Group, LLC SEC $253.2 million 799
15 Global Value Investment Corporation SEC $225.6 million 539
16 Regal Bay Investment Group, LLC State $114.5 million 216
17 Milborn Advisors, Ltd SEC $107.7 million 659
18 Allison & Company Financial Counselors, LLC State $52.5 million 46
19 Janco Wealth Management State $42.5 million 11
20 Warden Wealth Management, LLC State $26.2 million 131
21 Hilltop Financial Advisors State $24.5 million 220
22 Prepared Financial Planning State $11.2 million 11
23 Eclipse Asset Management LLC State $8.2 million 8
24 Bleidorn Tax & Investment Services, LLC State $8.0 million 47
25 Simplicity Financial, LLC State $8.0 million 79
26 Magis Management, LLC State $2.7 million 31
27 Aurea Investments LLC State $596,000 6
28 Alliance Wealth Management Milwaukee, Inc. State $0 0
29 Dream Bigger Financial, LLC State $0 0
30 Korbitz Financial Planning LLC State $0 0
31 Quintessence Wealth Collective LLC State $0 0

Independent RIAs in Wisconsin, 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.