Top RIA Firms to Watch in 2020

investor.com

Written by investor.com

December 12, 2022

As the new year kicks off, more than half of Americans surveyed have vowed to improve their finances. But, as they research different financial professionals, how will they know how to choose a financial advisor they can trust?

That's where investor.com comes in.

Our search experience enables Americans to quickly pull a report for over 16,000 financial advisor firms. Using the same search experience, Americans can find a Trusted SEC-regulated RIA firm in their state. We’ve made it even easier to find a financial fiduciary with the release of our 2020 Firms to Watch list.

The 94 financial advisory firms listed below were selected using our rigorous Trust algorithm, which sorts through 23 million data points from the SEC, FINRA and manual compilations regularly. In particular, the qualifiers for the 2020 Firms to Watch are as follows: 

  • The firms hold fiduciary status.
  • They have a secure website.
  • They have a fee-only model.
  • They do not have common conflicts of interest.
  • They do not have a 12b1 conflict.
  • They wrapped up 2019 with clean disciplinary records.

It is important to note that the list is not based on how many years these advisory firms have been registered or their total assets under management (AUM); it is based on the fact that they are doing business the right way.

We applaud these firms for their commitment to fiduciary advice and putting the interests of their clients first, and we’re excited to see how they grow and shape the industry in 2020.

Congratulations!

Company Overall Assets Under Management Total Clients Total Advisors Average Client Balance
Alpha Financial Advisors 5/5 Stars $412.3 million 239 5 $1.7 million
Alpha Investment Consulting Group 5/5 Stars $458.7 million 0 3 $0.0
Alpha Investment Management 4.5/5 Stars $44.6 million 2,030 2 $21,980
Altman Investment Management 5/5 Stars $113.7 million 37 3 $3.1 million
Andco Consulting 5/5 Stars $526.2 million 15 4 $35.1 million
Arbor Wealth Advisors logoArbor Wealth Advisors 5/5 Stars $498.0 million 61 1 $8.2 million
Arcadia Investment Advisors 5/5 Stars $263.4 million 280 2 $940,856
Aspen Capital Management 5/5 Stars $836.1 million 223 5 $3.7 million
Asset Advisory Group 5/5 Stars $399.2 million 270 4 $1.5 million
Aufman Associates 5/5 Stars $875.7 million 238 3 $3.7 million
Avier Wealth Advisors logoAvier Wealth Advisors 5/5 Stars $671.3 million 516 11 $1.3 million
Baxter Capital Management 5/5 Stars $1.7 billion 12 3 $143.5 million
BCR Wealth Strategies 5/5 Stars $353.5 million 288 9 $1.2 million
BeManaged 5/5 Stars $501.9 million 1,452 5 $345,658
Bolton Investment 5/5 Stars $52.7 million 6 6 $8.8 million
Brent Forrest & Associates 5/5 Stars $584.2 million 369 3 $1.6 million
Bull City Advisors 4.5/5 Stars $118.9 million 54 1 $2.2 million
Callan 5/5 Stars $18.2 billion 616 152 $29.5 million
Cape Ann Capital 5/5 Stars $202.2 million 246 3 $821,809
Capital Resource Management 5/5 Stars $540.6 million 51 1 $10.6 million
Carswell Investments 5/5 Stars $247.0 million 154 1 $1.6 million
Clinton Investment Management 5/5 Stars $1.4 billion 520 5 $2.7 million
Coburn Barrett 5/5 Stars $282.9 million 1 4 $282.9 million
Comperio Retirement Consulting logoComperio Retirement Consulting 5/5 Stars $2.0 billion 30 3 $66.7 million
Conservest Capital Advisors 5/5 Stars $1.6 billion 257 6 $6.2 million
Corrigan Financial 5/5 Stars $1.1 billion 1,075 10 $1.0 million
Crosspoint Capital Management 4.5/5 Stars $124.0 million 504 2 $246,031
DE Groote Financial Group 5/5 Stars $562.7 million 415 2 $1.4 million
Denali Wealth Management logoDenali Wealth Management 5/5 Stars $229.0 million 222 5 $1.0 million
DHK Financial Advisors 5/5 Stars $1.6 billion 64 2 $24.4 million
Dover Partners 5/5 Stars $463.5 million 41 3 $11.3 million
Empyrion Wealth Management 5/5 Stars $246.0 million 87 1 $2.8 million
Enright, Mollin, Cascio & Ramusevic 4.5/5 Stars $252.3 million 103 1 $2.4 million
Equius Partners 5/5 Stars $1.1 billion 452 8 $2.5 million
ForUsAll 5/5 Stars $1.7 billion 41,054 18 $41,672
Foster Group 5/5 Stars $3.4 billion 1,700 36 $2.0 million
Frank, Rimerman Advisors 5/5 Stars $1.4 billion 96 2 $14.4 million
Frontier Asset Management 5/5 Stars $7.2 billion 4,579 11 $1.6 million
Fund Direct Advisors 5/5 Stars $660.0 million 280 6 $2.4 million
Gibson Capital 5/5 Stars $2.4 billion 197 6 $12.2 million
Grace Capital 4.5/5 Stars $202.8 million 49 1 $4.1 million
Greerwalker Wealth 5/5 Stars $346.5 million 227 4 $1.5 million
Gutt Financial Management 4/5 Stars $156.8 million 51 1 $3.1 million
Hanson & Doremus Investment Management 5/5 Stars $638.9 million 465 7 $1.4 million
Harvest Capital Management 4/5 Stars $650.7 million 228 7 $2.9 million
Hodge Financial Services 5/5 Stars $160.1 million 58 1 $2.8 million
International Research & Asset Management 4/5 Stars $370.5 million 108 3 $3.4 million
Ironwood Wealth Management 5/5 Stars $541.2 million 497 9 $1.1 million
JE Wilson Advisors 5/5 Stars $139.9 million 62 1 $2.3 million
Kuhn Advisors 5/5 Stars $709.0 million 212 3 $3.3 million
Lassus Wherley 4.5/5 Stars $579.9 million 349 9 $1.7 million
LCG Associates 5/5 Stars $1.4 billion 95 44 $14.6 million
Lumin Financial 5/5 Stars $214.3 million 159 2 $1.3 million
M.Z. Kark & Associates 4.5/5 Stars $292.5 million 141 2 $2.1 million
Madden Funds Management 4/5 Stars $191.6 million 220 2 $871,028
Marquette Associates 5/5 Stars $1.9 billion 42 3 $45.3 million
Mercer Global Advisors logoMercer Global Advisors 5/5 Stars $34.0 billion 20,297 299 $1.7 million
Mill Creek Capital Advisors 5/5 Stars $9.4 billion 414 22 $22.8 million
Moler Capital Management 5/5 Stars $165.3 million 81 2 $2.0 million
Monograph Wealth Advisors 5/5 Stars $2.0 billion 165 5 $12.0 million
New England Retirement Consultants 5/5 Stars $1.5 billion 2 3 $756.3 million
Pacific Asset Management 5/5 Stars $248.6 million 400 5 $621,375
Paratus Financial 4.5/5 Stars $494.2 million 104 1 $4.8 million
Park Place Capital Corporation 4.5/5 Stars $587.3 million 66 7 $8.9 million
PartnersInWealth 4.5/5 Stars $376.8 million 102 3 $3.7 million
Personal Capital Advisors Corporation 4.5/5 Stars $22.9 billion 30,930 265 $738,937
Pinney & Scofield 5/5 Stars $664.8 million 281 3 $2.4 million
Potomac Fund Management 5/5 Stars $353.1 million 1,245 8 $283,622
ProNvest 5/5 Stars $801.4 million 11,548 2 $69,397
Prudent Management Associates 5/5 Stars $1.2 billion 237 4 $5.2 million
Retirement Fund Management 5/5 Stars $843.4 million 17 1 $49.6 million
Riverbend Capital Advisors 5/5 Stars $327.0 million 145 2 $2.3 million
Robinswood Financial 5/5 Stars $412.6 million 359 4 $1.1 million
Rowling & Associates 4.5/5 Stars $418.9 million 301 4 $1.4 million
Scott Snow (financial Advisors) 5/5 Stars $620.8 million 90 1 $6.9 million
Servus Capital Management 4.5/5 Stars $21.0 million 146 1 $144,016
Siena Wealth Management 4/5 Stars $234.7 million 194 4 $1.2 million
Smart Portfolios 5/5 Stars $214.3 million 109 4 $2.0 million
Spectrum Financial Management 5/5 Stars $211.9 million 128 1 $1.7 million
Steele Capital Management 5/5 Stars $2.8 billion 1,543 10 $1.8 million
Stolper & Co. 4.5/5 Stars $748.4 million 106 2 $7.1 million
Summit Portfolio Management logoSummit Portfolio Management 5/5 Stars $137.5 million 103 3 $1.3 million
Symmetry Partners 5/5 Stars $6.0 billion 13,323 20 $453,651
TFC Financial Management 5/5 Stars $1.4 billion 371 9 $3.8 million
Thalassa Capital 4.5/5 Stars $86.0 million 81 2 $1.1 million
The Nestegg Group 5/5 Stars $248.8 million 194 3 $1.3 million
The Wealth Collaborative 5/5 Stars $760.5 million 230 3 $3.3 million
Thomas J. Herzfeld Advisors 5/5 Stars $558.7 million 283 4 $2.0 million
Tobias Financial Advisors 5/5 Stars $650.0 million 293 7 $2.2 million
Ward & Associates 4.5/5 Stars $233.8 million 54 2 $4.3 million
WebsterRogers Financial Advisors 5/5 Stars $698.1 million 323 10 $2.2 million
Whelan Financial 5/5 Stars $484.1 million 327 7 $1.5 million
Willow Creek Wealth Management 5/5 Stars $1.7 billion 865 8 $1.9 million
Wingate Wealth Advisors 5/5 Stars $1.1 billion 633 13 $1.8 million

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About the Editorial Team

investor.com
investor.com

Investor.com is your trustworthy guide to the world of personal finance. Founded in 2018 as an unbiased resource empowering consumers to research and compare financial advisory firms, investor.com today gives consumers the tools to make smart money decisions about credit, retirement planning, and more.


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