Top 10 fastest-growing RIAs in Arizona (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	Arq Wealth Advisors, LLC SCOTTSDALE	$520.1M → $1.21B	2.33× 1.7× typical	6 → 11	+3	Organic or recruited	Schwab	95.4
2	Trajan Wealth, L.l.c. SCOTTSDALE	$1.37B → $2.6B	1.91× 1.4× typical	34 → 46	+9	Organic or recruited	Schwab	91.3
3	Brookwood Investment Group PHOENIX	$689.1M → $1.25B	1.82× 1.4× typical	17 → 22	+13	Organic or recruited	Schwab	89.2
4	Ashton Thomas Private Wealth SCOTTSDALE	$2.89B → $6.01B	2.08× 1.6× typical	55 → 63	+3	Organic or recruited	Pershing	87.6
5	Foundations Investment Advisors LLC PHOENIX	$6.71B → $10.1B	1.5× 1.1× typical	187 → 289	+8	Organic or recruited	Schwab	84.5
6	Seros Wealth Partners GILBERT	$260.8M → $359.2M	1.38× 1.0× typical	4 → 7	+3	Organic or recruited	Axos Clearing	75.2
7	Invicta Financial Group YUMA	$251M → $371.1M	1.48× 1.1× typical	10 → 11	+1	Organic or recruited	Pershing	72.4
8	Osaic Wealth, Inc. SCOTTSDALE	$94.56B → $234.86B	2.48× 1.9× typical	4,397 → 7,143	-174	Organic	Pershing	71.3
9	Strategy Financial Group PHOENIX	$181.5M → $366.7M	2.02× 1.5× typical	6 → 10	-1	Organic or recruited	Fidelity	71.2
10	Awm Capital, LLC PHOENIX	$860.6M → $1.49B	1.73× 1.3× typical	15 → 28	0	Organic	Schwab	71.1

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 Arizona.

How we ranked