Top 10 fastest-growing RIAs in Alabama (2026)

Sort by asset growthHow they grew

#	Firm	Assets, end of 2023 → 2025	Growth	Advisory staff	Net advisors, 12 mo	How they grew	Main custodian	Score
1	RFG Advisory VESTAVIA HILLS	$3.86B → $7.97B	2.06× 1.5× typical	102 → 178	+33	Organic or recruited	Schwab	95.3
2	Aptus Capital Advisors, LLC FAIRHOPE	$5.29B → $14.14B	2.68× 2.0× typical	16 → 26	+2	Acquisitions	Schwab	94.7
3	Oneascent Financial Services LLC BIRMINGHAM	$1.79B → $3.54B	1.98× 1.5× typical	39 → 74	+3	Organic	Schwab	94.0
4	Eversource Wealth Advisors, LLC BIRMINGHAM	$2.69B → $5.1B	1.89× 1.4× typical	40 → 76	+5	Organic or recruited	Schwab	93.9
5	Waverly Advisors, LLC BIRMINGHAM	$14.54B → $29.87B	2.05× 1.5× typical	141 → 197	+41	Organic	Schwab	92.8
6	Truewealth Advisors, LLC HOOVER	$355.9M → $547.5M	1.54× 1.1× typical	12 → 13	+1	Organic	Schwab	75.1
7	Mainsail Asset Management, LLC BIRMINGHAM	$343.9M → $598.8M	1.74× 1.3× typical	3 → 4	0	Organic	Schwab	67.3
8	Brown Financial Advisory FAIRHOPE	$300.8M → $468.2M	1.56× 1.2× typical	5 → 6	0	Organic	Schwab	60.7
9	Bmss Wesson Wealth Solutions BIRMINGHAM	$493.5M → $704M	1.43× 1.1× typical	6 → 6	+2	Organic or recruited	Schwab	60.4
10	Park Place Capital Corporation HOMEWOOD	$602.1M → $879.2M	1.46× 1.1× typical	5 → 7	0	Organic or recruited	Fifth Third Bank	59.2

Score: 0 to 100, from each firm's percentile among 5,989 RIAs nationally. See the national top 100 and the tech stacks they run.

How we ranked

Who's in: 5,989 SEC-registered RIAs serving individuals, based in the US, with $100M+ in assets, 25+ individual clients and 2+ advisory staff, that filed their 2026 annual Form ADV. Bank and broker-dealer networks (more advisors moving than advisory staff) are left out.
Asset growth (half the score): regulatory assets at the end of 2025 (2026 annual Form ADV) over the end of 2023 (the firm's last 2024 filing). Firms update this number once a year, in the annual amendment. The typical firm grew 1.34×, which is mostly the market. Growth over 3× counts as 3×, so one big merger can't decide the list (acquisitions aren't reported on Form ADV).
Advisory staff growth (a quarter): employees giving investment advice (Item 5.B(1)), over the same two years.
Net advisors (a quarter): registered advisors who joined the firm in the last 12 months minus those who left, from SEC registration records.
Each is a percentile among the firms that are in, and only firms whose assets grew faster than the typical firm's are listed. Assets include market gains and any acquisitions, so a high rank is a signal to look closer, not proof of organic growth.
How they grew (an estimate): each firm's gain, split four ways. Typical: what the typical firm grew. Acquired: firms most of whose advisors moved to it (half or more, and the old firm stopped filing, or three-quarters or more), at their last reported assets; a buyer that keeps an acquired firm filing on its own isn't seen, so this is a floor. Joined (hatched): advisors who moved in from other firms, at up to their old firm's assets per advisor ($150M at most), since a new hire may bring no clients at all. Organic: the rest, new clients and existing clients' money. “Organic” firms are organic even if every joiner brought a full book.
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The fastest-growing RIAs in Alabama.

How we ranked