Every wealth management RIA that files a Form 13F, with a score from 1 to 99 for how much its clients' holdings swing: 1 is cash, a 60/40 portfolio scores 52 and the S&P 500 61. 2,314 firms have a score; the median is 55.
Read it with care. The score sees only what the firm reports to the SEC: the US-listed stocks and funds in its quarterly 13F, blended with the bonds and cash its Form ADV reports. It can't see bonds held directly, most mutual funds, annuities, private investments or any one client's account, so some firms are more conservative than their score. Coverage shows how much of a firm's money the 13F explains. Higher isn't worse; the right level depends on the clients. Not a rating or a recommendation. How it's scored →
Under 35 35–59 60 and up Median
Median wealth manager All firms combined (13F) S&P 500's own score
Over the same period the S&P 500 itself rose 75% (Jun 23 to Jun 26, SPY). As the market climbed, wealth managers' holdings got riskier too.
| # | Firm | AUM | Score | 13F only | Stocks / bonds / cash | Coverage | Biggest holdings | Report a problem |
|---|---|---|---|---|---|---|---|---|
| 1 | Vanguard Advisers, Inc. | $344.62B | (56) | 56 | 100 / 0 / 0 | 9% | VTI 37%, VXUS 26%, BND 16%, BNDX 10% | Report a problem |
| 2 | Creative Planning | $295.57B | 57 | 59 | 94 / 3 / 3 | 62% | IVV 11%, BND 6%, VEA 5%, SPDW 4% | Report a problem |
| 3 | Cetera Investment Advisers LLC | $256.81B | (65) | 68 | 90 / 4 / 6 | 47% | IVV 3%, AAPL 2%, NVDA 2%, VTV 2% | Report a problem |
| 4 | Commonwealth Financial Network | $212.66B | (64) | 68 | 88 / 3 / 9 | 42% | AAPL 3%, IVV 3%, NVDA 2%, QQQ 2% | Report a problem |
| 5 | Hightower Advisors, LLC | $198.58B | 55 | 62 | 74 / 17 / 9 | 70% | AAPL 3%, JNJ 2%, IVV 2%, SPY 2% | Report a problem |
| 6 | Empower Advisory Group, LLC | $195.43B | (54) | 55 | 98 / 0 / 2 | 22% | SCHF 12%, IWM 6%, VWO 5%, BSV 5% | Report a problem |
| 7 | Focus Partners Wealth, LLC | $181.86B | 65 | 70 | 83 / 12 / 5 | 65% | AAPL 3%, NVDA 3%, XLK 3%, MSFT 2% | Report a problem |
| 8 | Corient | $165.25B | 61 | 67 | 79 / 15 / 6 | 60% | IVV 5%, AAPL 4%, VEA 3%, NVDA 3% | Report a problem |
| 9 | Cerity Partners LLC | $161.68B | 63 | 68 | 83 / 10 / 7 | 61% | VOO 4%, AAPL 3%, NVDA 3%, IVV 3% | Report a problem |
| 10 | Assetmark, Inc. | $91.76B | 60 | 63 | 88 / 9 / 3 | 72% | MGK 6%, VOO 5%, MGV 5%, NVDA 2% | Report a problem |
| 11 | Cresset Asset Management, LLC | $78.94B | (60) | 69 | 72 / 17 / 11 | 48% | ANET 12%, SPY 10%, IVV 7%, RSP 3% | Report a problem |
| 12 | Betterment | $69.52B | (49) | 56 | 79 / 0 / 21 | 0% | VEA 17%, VTI 15%, SPYM 14%, VWO 5% | Report a problem |
| 13 | William Blair & Company L.l.c. | $64.28B | 68 | 71 | 87 / 12 / 1 | 69% | AAPL 4%, AMZN 4%, MSFT 3%, NVDA 3% | Report a problem |
| 14 | Quantinno Capital Management LP | $60.91B | 77 | 77 | 100 / 0 / 0 | 100% | NVDA 6%, AAPL 5%, MSFT 2%, GOOGL 2% | Report a problem |
| 15 | Private Advisor Group, LLC | $57.7B | (66) | 70 | 88 / 5 / 7 | 43% | AAPL 3%, SPYM 2%, NVDA 2%, VTI 2% | Report a problem |
| 16 | Ieq Capital, LLC | $56.77B | (72) | 76 | 85 / 11 / 4 | 45% | NVDA 4%, RBLX 4%, AAPL 3%, SPY 2% | Report a problem |
| 17 | Wealthfront Advisers LLC | $55.19B | 61 | 61 | 100 / 0 / 0 | 94% | VTI 13%, VEA 8%, IEMG 7%, SCHF 6% | Report a problem |
| 18 | Beacon Pointe Advisors, LLC | $54.87B | (63) | 67 | 87 / 6 / 7 | 45% | VOO 4%, AAPL 3%, NVDA 2%, IVV 2% | Report a problem |
| 19 | Mai Capital Management, LLC | $52.1B | 57 | 63 | 75 / 18 / 7 | 67% | IVV 7%, SPY 3%, AAPL 3%, GLDM 2% | Report a problem |
| 20 | Vestmark Advisory Solutions, Inc. | $49.85B | (64) | 64 | 100 / 0 / 0 | 21% | VTI 3%, BBUS 2%, DIMENSIONAL ETF TRUST 2%, VOO 2% | Report a problem |
| 21 | Ae Wealth Management, LLC | $49.84B | 67 | 71 | 86 / 4 / 10 | 50% | NVDA 4%, AAPL 4%, MSFT 2%, VNLA 2% | Report a problem |
| 22 | Scs Capital Management LLC | $48.65B | (53) | 56 | 91 / 1 / 8 | 24% | VGIT 11%, VTI 9%, IWV 8%, VEA 6% | Report a problem |
| 23 | Capital Group Private Client Services, Inc. | $48.37B | (65) | 69 | 88 / 7 / 5 | 17% | CGGR 19%, CGGO 15%, CGDV 9%, GOOG 4% | Report a problem |
| 24 | Ep Wealth Advisors | $45.15B | 61 | 64 | 91 / 4 / 5 | 64% | VUG 8%, VTV 8%, BIV 4%, AAPL 4% | Report a problem |
| 25 | Lido | $42.5B | 62 | 68 | 81 / 11 / 8 | 82% | SPY 11%, AAPL 4%, NVDA 4%, BSCR 4% | Report a problem |
| 26 | Focus Advisor Solutions, LLC | $41.48B | (49) | 55 | 78 / 11 / 11 | 36% | ITOT 8%, DIMENSIONAL ETF TRUST 7%, BSVO 5%, VGIT 5% | Report a problem |
| 27 | Advice and Planning Services | $37.93B | 58 | 59 | 99 / 0 / 1 | 77% | IEFA 7%, VUG 6%, VTV 5%, VEA 5% | Report a problem |
| 28 | Rockefeller Capital Management | $36.76B | 64 | 73 | 70 / 23 / 7 | 100% | SPY 3%, AAPL 3%, NVDA 3%, GOOGL 2% | Report a problem |
| 29 | Bbr Partners, LLC | $36.49B | (53) | 60 | 77 / 11 / 12 | 8% | SPY 38%, ILOW 10%, IVV 8%, UPS 4% | Report a problem |
| 30 | Clark Capital Management Group Inc | $35.69B | 56 | 64 | 67 / 30 / 3 | 77% | HYG 8%, SPYM 4%, AAPL 3%, NVDA 3% | Report a problem |
| 31 | Wealthspire Advisors | $34.32B | 57 | 60 | 86 / 8 / 6 | 62% | IVV 12%, VEA 6%, VOO 4%, IJH 3% | Report a problem |
| 32 | Eagle Strategies LLC | $32.04B | (60) | 63 | 90 / 5 / 5 | 3% | SPYM 7%, FNDX 6%, VUG 5%, VEA 4% | Report a problem |
| 33 | Hb Wealth | $30.16B | 56 | 61 | 82 / 12 / 6 | 72% | VTI 17%, VIG 8%, AVUS 4%, JCPB 4% | Report a problem |
| 34 | Waverly Advisors, LLC | $29.87B | 60 | 64 | 88 / 4 / 8 | 66% | IVV 6%, AAPL 3%, VUG 2%, VIG 2% | Report a problem |
| 35 | Silvercrest Asset Management Group LLC | $28.33B | 58 | 63 | 83 / 13 / 4 | 65% | AVGO 2%, GOOG 2%, MSFT 2%, AAPL 2% | Report a problem |
| 36 | Davenport & Company LLC | $24.7B | 58 | 61 | 89 / 4 / 7 | 89% | AMZN 2%, AAPL 2%, BN 2%, MKL 2% | Report a problem |
| 37 | United Capital Financial Advisors | $24.65B | 58 | 63 | 82 / 14 / 4 | 90% | IVV 6%, VOO 6%, SPY 3%, AAPL 3% | Report a problem |
| 38 | Merit Financial Advisors | $23.88B | 61 | 65 | 88 / 5 / 7 | 77% | VUG 3%, IUSG 2%, AAPL 2%, QLTY 2% | Report a problem |
| 39 | Integrated Wealth Concepts LLC | $23.58B | 59 | 64 | 83 / 7 / 10 | 100% | BKLC 3%, ACIO 3%, AAPL 2%, IVV 2% | Report a problem |
| 40 | Oxford Financial Group, LTD | $23.33B | (52) | 55 | 85 / 12 / 3 | 10% | VTI 14%, INFL 10%, FPAG 8%, LLY 8% | Report a problem |
| 41 | Jordan Park Group LLC | $23.26B | (48) | 57 | 61 / 38 / 1 | 14% | IEMG 30%, XLV 11%, GOVT 10%, VONE 7% | Report a problem |
| 42 | Johnson Investment Counsel, Inc. | $22.98B | 49 | 59 | 56 / 39 / 5 | 100% | IVV 8%, IWB 4%, AAPL 4%, GOOGL 3% | Report a problem |
| 43 | Farther | $22B | 53 | 63 | 59 / 36 / 5 | 98% | IVV 5%, VOO 3%, AAPL 2%, NVDA 2% | Report a problem |
| 44 | Rwa Wealth Partners | $19.8B | 54 | 58 | 85 / 12 / 3 | 62% | VUG 11%, VEA 10%, AGG 9%, VTV 7% | Report a problem |
| 45 | O'shaughnessy Asset Management, LLC | $19.78B | 74 | 74 | 99 / 0 / 1 | 100% | AAPL 5%, NVDA 4%, MSFT 2%, GOOGL 2% | Report a problem |
| 46 | Brighton Jones LLC | $18.88B | (70) | 74 | 88 / 4 / 8 | 32% | AMZN 18%, MSFT 6%, AAPL 3%, NVDA 3% | Report a problem |
| 47 | Comprehensive Financial Management LLC | $18.52B | (72) | 74 | 92 / 4 / 4 | 18% | EBAY 37%, PYPL 34%, GLD 14%, ZM 3% | Report a problem |
| 48 | Aspiriant, LLC | $18.05B | (50) | 52 | 90 / 4 / 6 | 25% | IVV 16%, VBR 11%, IUSV 10%, ACWV 7% | Report a problem |
| 49 | Stephens | $18.04B | 61 | 67 | 79 / 16 / 5 | 63% | VTI 3%, AAPL 3%, QQQ 2%, WMT 2% | Report a problem |
| 50 | Modera Wealth Management, LLC | $17.68B | 58 | 60 | 93 / 2 / 5 | 57% | VUG 7%, VTV 4%, VIG 4%, VEA 4% | Report a problem |