Top Financial Advisor Firms Serving Charitable Organizations
Published on May 12, 2020
In the last two months, the world and business as we know it has drastically changed. Navigating these unchartered waters has been difficult for not only firms, but the customers and organizations they serve.
That being said, here at investor.com, we wanted to take this opportunity to applaud the financial advisor firms who have gone above and beyond in their service to charitable organizations.
"Our mission at investor.com is to be a trusted resource for Americans researching and comparing financial advisors," said Jessica Hoelscher, director of data and research. "Because of our focus on consumer advocacy, we thought it was very important to highlight and recognize firms who have committed to helping charitable organizations, as oftentimes, these acts of service are not brought to the forefront."
Financial advisors can do a lot for non-profits. Sitting down with an advisor can help uncover redundant expenditures, set financial goals, and create a comprehensive financial plan. By outsourcing financial responsibilities to a trusted advisor, non-profits and charitable organizations can free up time, allowing for a more intense focus on the mission of the charity.
Utilizing the following qualifiers, the RIAs listed below have been named the 2020 Top Charitable Financial Advisor Firms. More than 7,000 firms were analyzed to compile this list.
Qualifiers (data as of May 4, 2020)
- Must be Trusted by investor.com according to the Trust Algorithm.
- Must have a clean disciplinary history.
- Must have at least 10% or greater of total client base with charitable organizations.
- Must have at least 10% or greater of total AUM with charitable organizations.
Congratulations, and thank you for all that you do for your clients!
| Firm | Year Registered | Headquarters | % of Charitable clients | % of Charitable AUM |
| 1492 Capital Management | 2009 | Milwaukee, WI | 11% | 15% |
| Accuvest Global Advisors | 2008 | Walnut Creek, CA | 10% | 18% |
| Aetos Alternatives Management | 2001 | New York, NY | 24% | 40% |
| Agincourt Capital Management | 1999 | Richmond, VA | 42% | 14% |
| Alaska Permanent Capital Management CO | 1991 | Anchorage, AK | 23% | 11% |
| Alesco Advisors | 2000 | 120 Office Park Way Pittsford, NY | 17% | 47% |
| Alphaone Investment Services | 2009 | Berwyn, PA | 19% | 26% |
| American Trust Investment Advisors | 2001 | Lebanon, NH | 18% | 60% |
| Angeles Investment Advisors | 2001 | Santa Monica, CA | 57% | 32% |
| Appomattox Advisory | 2010 | New York, NY | 21% | 33% |
| Arbiter Partners | 2011 | New York, NY | 11% | 11% |
| Arcadia Investment Management Corp | 1987 | 125 South Kalamazoo Mall, Ste 306 Kalamazoo, MI | 17% | 17% |
| Ascension Investment Management | 2012 | Clayton, MO | 88% | 38% |
| Ashford Capital Management | 1980 | Wilmington, DE | 22% | 28% |
| Asset Strategy Consultants | 1998 | Hunt Valley, MD | 37% | 13% |
| Aureus Asset Management | 2005 | One Winthrop Square Boston, MA | 10% | 70% |
| Avivar Capital | 2015 | North Hollywood, CA | 100% | 100% |
| Bahl & Gaynor | 1990 | Cincinnati, OH | 10% | 23% |
| Bares Capital Management | 2005 | Austin, TX | 55% | 13% |
| Beaton Management Co | 1984 | Haverhill, MA | 16% | 22% |
| Blue Edge Capital | 2013 | Richmond, VA | 12% | 17% |
| Boston Common Asset Management | 2002 | Boston, MA | 23% | 16% |
| Broad Run Investment Management | 2012 | Arlington, VA | 22% | 12% |
| Buckhead Capital Management | 2000 | Atlanta, GA | 18% | 65% |
| Cambridge Associates | 1978 | Boston, MA | 56% | 55% |
| Capricorn Investment Group | 2008 | Palo Alto, CA | 19% | 21% |
| Cardinal Capital Management | 1995 | Greenwich, CT | 24% | 13% |
| Checks & Balances | 2001 | Atlanta, GA | 13% | 10% |
| Chelsea Management Company | 1971 | Los Angeles, CA | 11% | 12% |
| Chicago Equity Partners | 2000 | Chicago, IL | 45% | 17% |
| Clearbrook Investment Solutions | 2011 | New York, NY | 22% | 33% |
| Colonial Consulting | 2004 | New York, NY | 86% | 92% |
| Cornerstone Advisors Asset Management | 2006 | Bethlehem, PA | 15% | 19% |
| Cornerstone Capital | 1978 | Palo Alto, CA | 11% | 15% |
| Cornerstone Capital | 2014 | New York, NY | 24% | 11% |
| Cornerstone Management | 2004 | Peachtree Corners, GA | 28% | 76% |
| Crescent Capital Consulting | 2010 | New Orleans, LA | 19% | 48% |
| Cullen, Patterson Capital Management | 2014 | 3487 Wonder View Place Los Angeles, CA | 33% | 95% |
| Cynosure Management | 2015 | Salt Lake City, UT | 20% | 40% |
| DHK Financial Advisors | 1993 | Portsmouth, NH | 78% | 91% |
| Delphi Management | 1983 | Boston, MA | 10% | 27% |
| Dimeo Schneider & Associates | 1995 | Chicago, IL | 32% | 27% |
| Disciplined Growth Investors | 1996 | Minneapolis, MN | 13% | 18% |
| Eagle Capital Management | 1995 | 499 Park Ave New York, NY | 15% | 22% |
| Ellwood | 1981 | Chicago, IL | 67% | 80% |
| Essex Investment Management Company | 1998 | Boston, MA | 11% | 11% |
| F L Putnam Investment Management Co. | 1984 | G Wellesley, MA | 11% | 31% |
| FEG | 2002 | Cincinnati, OH | 49% | 37% |
| Fiduciary Investment Advisors | 2006 | 100 Northfield Drive Windsor, CT | 25% | 14% |
| FiduciaryVest | 2005 | Atlanta, GA | 35% | 47% |
| Focused Investors | 2006 | Los Angeles, CA | 30% | 11% |
| Fourth Street Performance Partners | 1992 | Covington, KY | 41% | 83% |
| GW Financial | 1983 | Costa Mesa, CA | 11% | 14% |
| Garcia Hamilton & Associates | 1998 | Houston, TX | 31% | 15% |
| Gerber/taylor Associates | 1999 | Memphis, TN | 24% | 42% |
| Grey Street Capital | 2017 | Chicago, IL | 16% | 14% |
| Greycourt & Co | 2001 | Pittsburgh, PA | 14% | 15% |
| Griffin Family Partners | 2016 | Nashville, TN | 17% | 27% |
| HS Management Partners | 2007 | New York, NY | 35% | 47% |
| Harpswell Capital Advisors | 2017 | New Gloucester, ME | 58% | 50% |
| Harrington Investments | 1982 | Napa, CA | 13% | 13% |
| IPEX | 2010 | Plymouth, MI | 53% | 86% |
| Income Research + Management | 1987 | Boston, MA | 19% | 15% |
| Iridian Asset Management | 1995 | 276 Post RD West Westport, CT | 41% | 23% |
| JKMilne Asset Management | 2004 | Fort Myers, FL | 20% | 82% |
| JNB Advisors | 2005 | Albany, NY | 13% | 16% |
| John W. Bristol & Co. | 1978 | New York, NY | 42% | 35% |
| Lumina Wealth Management | 2017 | Wilmington, NC | 10% | 20% |
| Mangham Associates | 1994 | Charlottesville, VA | 53% | 52% |
| Mark Asset Management | 1987 | New York, NY | 14% | 14% |
| Marvin & Palmer Associates | 1986 | 200 Bellevue Parkway, Ste 220 Wilmington, DE | 14% | 15% |
| McCutchen Group | 2007 | Seattle, WA | 21% | 15% |
| Mill Creek Capital Advisors | 2006 | Conshohocken, PA | 12% | 24% |
| Morant Wright Management Limited | 2006 | James's Place London, Swa ns United Kingdom | 33% | 33% |
| Mount Vernon Associates | 1986 | 575 S Charles Street, Ste 401 Baltimore, MD | 10% | 22% |
| Mozaic | 2008 | Beverly Hills, CA | 10% | 10% |
| NEPC | 1990 | Boston, MA | 20% | 19% |
| NEW Providence Asset Management | 2006 | New York, NY | 33% | 19% |
| Neumeier Poma Investment Counsel | 1985 | Carmel, CA | 30% | 28% |
| Newsouth Capital Management | 1985 | Memphis, TN | 21% | 23% |
| Oak City Consulting | 2012 | No data | 24% | 98% |
| Offit Capital | 2007 | New York, NY | 15% | 20% |
| Paragon Advisors | 1997 | Shaker Heights, OH | 11% | 11% |
| Paul Comstock Partners | 1984 | Houston, TX | 12% | 25% |
| Porter White Investment Advisors | 2005 | Blvd North Birmingham, AL | 11% | 16% |
| Raffa Wealth Management | 2007 | Washington, DC | 50% | 66% |
| Real Estate Management Services Group | 2002 | Naples, FL | 19% | 13% |
| Regis Management Company | 2008 | Menlo Park, CA | 11% | 20% |
| Richmond Capital Management | 1982 | Richmond, VA | 24% | 16% |
| Roanoke Asset Management Corp | 1978 | Jersey City, NJ | 15% | 18% |
| SIT Investment Associates | 1981 | Minneapolis, MN | 14% | 10% |
| Sailingstone Capital Partners | 2013 | Larkspur, CA | 80% | 26% |
| Sasco Capital | 1985 | Fairfield, CT | 17% | 14% |
| Sawgrass Asset Management | 1998 | Jacksonville Beach, FL | 12% | 11% |
| Sellwood Consulting | 2012 | Portland, OR | 44% | 61% |
| Speece Thorson Capital Group | 1992 | Minneapolis, MN | 23% | 16% |
| Strategic Investment Management | 1988 | Arlington, VA | 34% | 21% |
| Summit Rock Advisors | 2007 | New York, NY | 21% | 16% |
| Summit Street Capital Management | 2012 | New York, NY | 33% | 26% |
| Syntrinsic Investment Counsel | 2008 | Denver, CO | 44% | 73% |
| The Caprock Group | 2002 | Boise, ID | 11% | 14% |
| Tillman Hartley | 1999 | Nashville, TN | 12% | 17% |
| Towle & Co. | 1981 | ST Louis, MO | 14% | 13% |
| Trillium Asset Management | 1982 | Boston, MA | 12% | 14% |
| Twin Capital Management | 1990 | Mcmurray, PA | 14% | 18% |
| Valicenti Advisory Services | 1983 | Elmira, NY | 10% | 10% |
| Weaver C. Barksdale & Associates | 1984 | Nashville, TN | 13% | 12% |
| YON Drake & Associates | 1995 | Columbia, SC | 100% | 84% |
