# Independent RIAs in Wyoming

As of October 2, 2026, 50 independent wealth management RIAs based in Wyoming reported $6.7 billion in regulatory assets under management; the largest by assets was Golden State Wealth Management, LLC, with $2.2 billion.

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

## Facts

- state: Wyoming
- code: WY
- 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: 16311, firms: 50, median_raum: 40017351, raum: 6703741497, advisory_employees: 130, avg_account: 410995.125804672, band_100m_250m: 8, band_100m_250m_raum: 1199130243, band_10b_plus: 0, band_10b_plus_raum: 0, band_1b_5b: 1, band_1b_5b_raum: 2215873193, band_250m_500m: 3, band_250m_500m_raum: 971137405, band_500m_1b: 2, band_500m_1b_raum: 1651269252, band_5b_10b: 0, band_5b_10b_raum: 0, band_lt100m: 26, band_lt100m_raum: 666331404, bd_affiliated_share: 0, cfp_professionals: 27, clients: 9884, custody_share: 0.18, employees: 179, fee_aum_pct_share: 0.9, fee_commissions_share: 0, fee_fixed_share: 0.5, fee_hourly_share: 0.46, fee_other_share: 0.16, fee_performance_share: 0.08, fee_subscription_share: 0.02, financial_planning_share: 0.74, firms_with_raum: 40, iars: 145, mean_raum: 167593537.425, new_firms: 8, p25_raum: 16073781.5, p75_raum: 136450191.5, p90_raum: 324491910.3, raum_discretionary: 6118122569, top10_share: 0.825071796171618, independent_sec: accounts: 15001, firms: 15, median_raum: 200880157, raum: 6037410093, advisory_employees: 89, avg_account: 402467.175054996, band_100m_250m: 8, band_100m_250m_raum: 1199130243, band_10b_plus: 0, band_10b_plus_raum: 0, band_1b_5b: 1, band_1b_5b_raum: 2215873193, band_250m_500m: 3, band_250m_500m_raum: 971137405, band_500m_1b: 2, band_500m_1b_raum: 1651269252, band_5b_10b: 0, band_5b_10b_raum: 0, band_lt100m: 0, band_lt100m_raum: 0, bd_affiliated_share: 0, cfp_professionals: 20, clients: 9007, custody_share: 0.266666666666667, employees: 130, fee_aum_pct_share: 1, fee_commissions_share: 0, fee_fixed_share: 0.6, fee_hourly_share: 0.533333333333333, fee_other_share: 0.0666666666666667, fee_performance_share: 0.0666666666666667, fee_subscription_share: 0, financial_planning_share: 0.8, firms_with_raum: 14, iars: 110, mean_raum: 431243578.071429, new_firms: 3, p25_raum: 136450191.5, p75_raum: 351916660.25, p90_raum: 842606075.2, raum_discretionary: 5557012544, raum_growth_1y: 0.904309251248356, successions: 0, top10_share: 0.916132572212202, state: accounts: 1310, firms: 35, median_raum: 24143912.5, raum: 666331404, advisory_employees: 41, avg_account: 508649.926717557, band_100m_250m: 0, band_100m_250m_raum: 0, 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: 26, band_lt100m_raum: 666331404, bd_affiliated_share: 0, cfp_professionals: 7, clients: 877, custody_share: 0.142857142857143, employees: 49, fee_aum_pct_share: 0.857142857142857, fee_commissions_share: 0, fee_fixed_share: 0.457142857142857, fee_hourly_share: 0.428571428571429, fee_other_share: 0.2, fee_performance_share: 0.0857142857142857, fee_subscription_share: 0.0285714285714286, financial_planning_share: 0.714285714285714, firms_with_raum: 26, iars: 35, mean_raum: 25628130.9230769, new_firms: 5, p25_raum: 7627775, p75_raum: 38787250, p90_raum: 47626640, raum_discretionary: 561110025, top10_share: 0.705044179487599
- broker_dealer_affiliated_not_included: firms: 1, raum: 45583178
- series: firms: segment: independent_sec, unit: count, points: as_of: 2018-10-01, value: 6; as_of: 2019-10-01, value: 7; as_of: 2020-10-01, value: 6; as_of: 2021-10-04, value: 7; as_of: 2022-10-03, value: 9; as_of: 2023-10-05, value: 12; as_of: 2024-10-01, value: 12; as_of: 2025-09-02, value: 13; as_of: 2026-10-02, value: 15, raum: segment: independent_sec, unit: usd, points: as_of: 2018-10-01, value: 791388455; as_of: 2019-10-01, value: 633440388; as_of: 2020-10-01, value: 808050677; as_of: 2021-10-04, value: 861879918; as_of: 2022-10-03, value: 1689109010; as_of: 2023-10-05, value: 2189997830; as_of: 2024-10-01, value: 2684897983; as_of: 2025-09-02, value: 3170393721; as_of: 2026-10-02, value: 6037410093, accounts: segment: independent_sec, unit: count, points: as_of: 2018-10-01, value: 2066; as_of: 2019-10-01, value: 1971; as_of: 2020-10-01, value: 1567; as_of: 2021-10-04, value: 1670; as_of: 2022-10-03, value: 3636; as_of: 2023-10-05, value: 6254; as_of: 2024-10-01, value: 6718; as_of: 2025-09-02, value: 7045; as_of: 2026-10-02, value: 15001, median_raum: segment: independent_sec, unit: usd, points: as_of: 2018-10-01, value: 125495377.5; as_of: 2019-10-01, value: 114827080; as_of: 2020-10-01, value: 130265633.5; as_of: 2021-10-04, value: 136382639; as_of: 2022-10-03, value: 150369373; as_of: 2023-10-05, value: 142606650; as_of: 2024-10-01, value: 201513361; as_of: 2025-09-02, value: 229500196; as_of: 2026-10-02, value: 200880157
- top_10: largest: rank: 1, crd: 167995, firm: Golden State Wealth Management, LLC, city: Powell, value: 2215873193; rank: 2, crd: 137125, firm: Integrity Financial Corporation, city: Jackson, value: 868063249; rank: 3, crd: 145090, firm: Harfst and Associates, Inc., city: Sheridan, value: 783206003; rank: 4, crd: 165477, firm: Income Focus Portfolio Management, city: Jackson, value: 362464641; rank: 5, crd: 336710, firm: Elevate Wealth Management, city: Sheridan, value: 320272718; rank: 6, crd: 315215, firm: Traction Financial Partners, city: Encampment, value: 288400046; rank: 7, crd: 106527, firm: Pinnacle West Asset Management Inc, city: Casper, value: 245878047; rank: 8, crd: 299347, firm: Gervais Capital Management, LLC, city: Wilson, value: 155882267; rank: 9, crd: 340618, firm: Fiduciary Capital Management LLC, city: Cheyenne, value: 149815715; rank: 10, crd: 302088, firm: Markle Financial LLC, city: Laramie, value: 141212159, fastest-growing: rank: 1, crd: 137125, firm: Integrity Financial Corporation, city: Jackson, value: 0.276416781630281; rank: 2, crd: 167995, firm: Golden State Wealth Management, LLC, city: Powell, value: 0.207372146809537; rank: 3, crd: 130401, firm: Cypress Capital Management, LLC, city: Sheridan, value: 0.188311283319184; rank: 4, crd: 302088, firm: Markle Financial LLC, city: Laramie, value: 0.161509712852062; rank: 5, crd: 299347, firm: Gervais Capital Management, LLC, city: Wilson, value: 0.160254243824226; rank: 6, crd: 297087, firm: RW Baker Wealth Management Group LLC, city: Cheyenne, value: 0.114928079988196; rank: 7, crd: 315215, firm: Traction Financial Partners, city: Encampment, value: 0.0975012621167364; rank: 8, crd: 145090, firm: Harfst and Associates, Inc., city: Sheridan, value: 0.0851778887150596; rank: 9, crd: 165477, firm: Income Focus Portfolio Management, city: Jackson, value: 0.0848477224741853; rank: 10, crd: 106527, firm: Pinnacle West Asset Management Inc, city: Casper, value: 0.0713631242389003, fastest-growing-3-year: rank: 1, crd: 315215, firm: Traction Financial Partners, city: Encampment, value: 0.269466790305217; rank: 2, crd: 137125, firm: Integrity Financial Corporation, city: Jackson, value: 0.233331855684117; rank: 3, crd: 167995, firm: Golden State Wealth Management, LLC, city: Powell, value: 0.161196268326264; rank: 4, crd: 165477, firm: Income Focus Portfolio Management, city: Jackson, value: 0.139419782688907; rank: 5, crd: 106527, firm: Pinnacle West Asset Management Inc, city: Casper, value: 0.13473945977914; rank: 6, crd: 145090, firm: Harfst and Associates, Inc., city: Sheridan, value: 0.126804081048968; rank: 7, crd: 130401, firm: Cypress Capital Management, LLC, city: Sheridan, value: 0.0554538752620801; rank: 8, crd: 302088, firm: Markle Financial LLC, city: Laramie, value: -0.00327021037062813, fastest-growing-5-year: rank: 1, crd: 137125, firm: Integrity Financial Corporation, city: Jackson, value: 0.191873164480923; rank: 2, crd: 167995, firm: Golden State Wealth Management, LLC, city: Powell, value: 0.153976290228156; rank: 3, crd: 165477, firm: Income Focus Portfolio Management, city: Jackson, value: 0.144859828265334; rank: 4, crd: 106527, firm: Pinnacle West Asset Management Inc, city: Casper, value: 0.129047424796118; rank: 5, crd: 145090, firm: Harfst and Associates, Inc., city: Sheridan, value: 0.0803306550630314; rank: 6, crd: 297087, firm: RW Baker Wealth Management Group LLC, city: Cheyenne, value: 0.0615310385293983; rank: 7, crd: 302088, firm: Markle Financial LLC, city: Laramie, value: 0.0129008858077171; rank: 8, crd: 130401, firm: Cypress Capital Management, LLC, city: Sheridan, value: -0.0259246333150082, biggest-asset-gains: rank: 1, crd: 167995, firm: Golden State Wealth Management, LLC, city: Powell, value: 380587197; rank: 2, crd: 336710, firm: Elevate Wealth Management, city: Sheridan, value: 320272718; rank: 3, crd: 137125, firm: Integrity Financial Corporation, city: Jackson, value: 187985032; rank: 4, crd: 335796, firm: Copperline Wealth Management & Planning, city: Cody, value: 126553954; rank: 5, crd: 145090, firm: Harfst and Associates, Inc., city: Sheridan, value: 61475482; rank: 6, crd: 165477, firm: Income Focus Portfolio Management, city: Jackson, value: 28348955; rank: 7, crd: 315215, firm: Traction Financial Partners, city: Encampment, value: 25621263; rank: 8, crd: 299347, firm: Gervais Capital Management, LLC, city: Wilson, value: 21530449; rank: 9, crd: 302088, firm: Markle Financial LLC, city: Laramie, value: 19635768; rank: 10, crd: 130401, firm: Cypress Capital Management, LLC, city: Sheridan, value: 19281355, most-clients: rank: 1, crd: 167995, firm: Golden State Wealth Management, LLC, city: Powell, value: 4192; rank: 2, crd: 137125, firm: Integrity Financial Corporation, city: Jackson, value: 1815; rank: 3, crd: 145090, firm: Harfst and Associates, Inc., city: Sheridan, value: 539; rank: 4, crd: 335796, firm: Copperline Wealth Management & Planning, city: Cody, value: 440; rank: 5, crd: 315215, firm: Traction Financial Partners, city: Encampment, value: 338; rank: 6, crd: 165477, firm: Income Focus Portfolio Management, city: Jackson, value: 306; rank: 7, crd: 336710, firm: Elevate Wealth Management, city: Sheridan, value: 291; rank: 8, crd: 302088, firm: Markle Financial LLC, city: Laramie, value: 265; rank: 9, crd: 323384, firm: O'Donnell Wealth Management, city: Cody, value: 211; rank: 10, crd: 130401, firm: Cypress Capital Management, LLC, city: Sheridan, value: 196, client-growth: rank: 1, crd: 165477, firm: Income Focus Portfolio Management, city: Jackson, value: 0.125; rank: 2, crd: 167995, firm: Golden State Wealth Management, LLC, city: Powell, value: 0.0781893004115226; rank: 3, crd: 297087, firm: RW Baker Wealth Management Group LLC, city: Cheyenne, value: 0.053763440860215; rank: 4, crd: 145090, firm: Harfst and Associates, Inc., city: Sheridan, value: 0.0266666666666666; rank: 5, crd: 130401, firm: Cypress Capital Management, LLC, city: Sheridan, value: 0.0155440414507773; rank: 6, crd: 106527, firm: Pinnacle West Asset Management Inc, city: Casper, value: -0.0297029702970297; rank: 7, crd: 302088, firm: Markle Financial LLC, city: Laramie, value: -0.0328467153284672; rank: 8, crd: 315215, firm: Traction Financial Partners, city: Encampment, value: -0.150753768844221; rank: 9, crd: 137125, firm: Integrity Financial Corporation, city: Jackson, value: -0.164749194661758, most-accounts: rank: 1, crd: 167995, firm: Golden State Wealth Management, LLC, city: Powell, value: 7029; rank: 2, crd: 145090, firm: Harfst and Associates, Inc., city: Sheridan, value: 1539; rank: 3, crd: 137125, firm: Integrity Financial Corporation, city: Jackson, value: 1443; rank: 4, crd: 315215, firm: Traction Financial Partners, city: Encampment, value: 818; rank: 5, crd: 335796, firm: Copperline Wealth Management & Planning, city: Cody, value: 735; rank: 6, crd: 336710, firm: Elevate Wealth Management, city: Sheridan, value: 638; rank: 7, crd: 302088, firm: Markle Financial LLC, city: Laramie, value: 616; rank: 8, crd: 165477, firm: Income Focus Portfolio Management, city: Jackson, value: 601; rank: 9, crd: 297087, firm: RW Baker Wealth Management Group LLC, city: Cheyenne, value: 374; rank: 10, crd: 130401, firm: Cypress Capital Management, LLC, city: Sheridan, value: 373, most-advisory-staff: rank: 1, crd: 167995, firm: Golden State Wealth Management, LLC, city: Powell, value: 45; rank: 2, crd: 340618, firm: Fiduciary Capital Management LLC, city: Cheyenne, value: 10; rank: 3, crd: 315215, firm: Traction Financial Partners, city: Encampment, value: 6; rank: 4, crd: 302088, firm: Markle Financial LLC, city: Laramie, value: 5; rank: 5, crd: 323384, firm: O'Donnell Wealth Management, city: Cody, value: 4; rank: 6, crd: 106527, firm: Pinnacle West Asset Management Inc, city: Casper, value: 3; rank: 6, crd: 133312, firm: Wealth Design Consulting, LLC, city: Laramie, value: 3; rank: 6, crd: 165477, firm: Income Focus Portfolio Management, city: Jackson, value: 3; rank: 6, crd: 330115, firm: HP Wealth Management LLC, city: Laramie, value: 3; rank: 6, crd: 336710, firm: Elevate Wealth Management, city: Sheridan, value: 3, most-hnw-clients: rank: 1, crd: 167995, firm: Golden State Wealth Management, LLC, city: Powell, value: 1655; rank: 2, crd: 315215, firm: Traction Financial Partners, city: Encampment, value: 198; rank: 3, crd: 137125, firm: Integrity Financial Corporation, city: Jackson, value: 164; rank: 4, crd: 145090, firm: Harfst and Associates, Inc., city: Sheridan, value: 130; rank: 5, crd: 335796, firm: Copperline Wealth Management & Planning, city: Cody, value: 122; rank: 6, crd: 323384, firm: O'Donnell Wealth Management, city: Cody, value: 95; rank: 7, crd: 165477, firm: Income Focus Portfolio Management, city: Jackson, value: 83; rank: 8, crd: 297087, firm: RW Baker Wealth Management Group LLC, city: Cheyenne, value: 70; rank: 9, crd: 302088, firm: Markle Financial LLC, city: Laramie, value: 47; rank: 10, crd: 106527, firm: Pinnacle West Asset Management Inc, city: Casper, value: 46, most-cfp-professionals: rank: 1, crd: 167995, firm: Golden State Wealth Management, LLC, city: Powell, value: 7; rank: 2, crd: 137125, firm: Integrity Financial Corporation, city: Jackson, value: 3; rank: 2, crd: 315215, firm: Traction Financial Partners, city: Encampment, value: 3; rank: 2, crd: 336710, firm: Elevate Wealth Management, city: Sheridan, value: 3; rank: 5, crd: 335796, firm: Copperline Wealth Management & Planning, city: Cody, value: 2; rank: 6, crd: 138520, firm: Teton Wealth Management, Inc., city: Jackson, value: 1; rank: 6, crd: 145090, firm: Harfst and Associates, Inc., city: Sheridan, value: 1; rank: 6, crd: 165477, firm: Income Focus Portfolio Management, city: Jackson, value: 1; rank: 6, crd: 165631, firm: Finlayson Financial Planning, Inc., city: Buffalo, value: 1; rank: 6, crd: 290067, firm: Elevated Asset Management LLC, city: Jackson, value: 1, newest: rank: 1, crd: 340618, firm: Fiduciary Capital Management LLC, city: Cheyenne, value: 149815715; rank: 2, crd: 323384, firm: O'Donnell Wealth Management, city: Cody, value: 123253013; rank: 3, crd: 338754, firm: Redtail Management LLC, city: Casper, value: 32052773; rank: 4, crd: 342523, firm: Keller Investment Advisors LLC, city: Jackson, value: 5700000; rank: 5, crd: 342139, firm: Omnivest, city: Casper, value: 0; rank: 5, crd: 343516, firm: Alisio Capital Partners LLC, city: not stated, value: 0; rank: 5, crd: 343669, firm: Durata Wealth Management, city: Alta, value: 0; rank: 5, crd: 343839, firm: Para Capital Group, LLC, city: Cheyenne, value: 0
- cities: name: Jackson, independent_rias: 14, raum: 1582072635, url: https://advisoriq.com/ria/states/wyoming/jackson/; name: Sheridan, independent_rias: 6, raum: 1225550940, url: https://advisoriq.com/ria/states/wyoming/sheridan/; name: Cheyenne, independent_rias: 5, raum: 310680461, url: https://advisoriq.com/ria/states/wyoming/cheyenne/; name: Casper, independent_rias: 5, raum: 304863712, url: https://advisoriq.com/ria/states/wyoming/casper/
- iar_ce_status: not adopted

## 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 Wyoming](https://advisoriq.com/ria/rankings/largest/wyoming/)
- [Fastest-growing independent RIAs over one year in Wyoming](https://advisoriq.com/ria/rankings/fastest-growing/wyoming/)
- [Fastest-growing independent RIAs over three years in Wyoming](https://advisoriq.com/ria/rankings/fastest-growing-3-year/wyoming/)
- [Fastest-growing independent RIAs over five years in Wyoming](https://advisoriq.com/ria/rankings/fastest-growing-5-year/wyoming/)
- [IAR CE in Wyoming](https://advisoriq.com/ce/iar/wyoming/)

## Cite as

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

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