Written by investor.com
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 17,000 financial advisor firms. Using the same search experience, Americans can find a highly rated 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 at the time of this study sorted through 23 million data points from the SEC, FINRA and manual compilations. 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 12b-1 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
|
|
$444.1 million | 250 | 7 | $1.8 million |
|
Altman Investment Management
|
|
$113.2 million | 40 | 3 | $2.8 million |
|
Arbor Wealth Advisors
|
|
$514.3 million | 65 | 1 | $7.9 million |
|
Arcadia Investment Advisors
|
|
$264.9 million | 279 | 3 | $949,507 |
|
Aspen Capital Management
|
|
$1.0 billion | 272 | 7 | $3.7 million |
|
Aufman Associates
|
|
$808.4 million | 237 | 3 | $3.4 million |
|
Avier Wealth Advisors
|
|
$786.0 million | 553 | 13 | $1.4 million |
|
BCR Wealth Strategies
|
|
$367.3 million | 335 | 10 | $1.1 million |
|
Bemanaged
|
|
$393.8 million | 1,270 | 3 | $310,080 |
|
Cape ANN Capital
|
|
$187.0 million | 256 | 3 | $730,440 |
|
Capital Resource Management
|
|
$532.9 million | 41 | 1 | $13.0 million |
|
Carswell Investments
|
|
$260.4 million | 162 | 1 | $1.6 million |
|
Clinton Investment Management
|
|
$2.8 billion | 1,402 | 8 | $2.0 million |
|
Comperio Retirement Consulting
|
|
$1.9 billion | 36 | 3 | $52.8 million |
|
Conservest Capital Advisors
|
|
$1.7 billion | 289 | 6 | $5.9 million |
|
Corrigan Financial
|
|
$1.0 billion | 1,077 | 9 | $959,742 |
|
Crosspoint Capital Management
|
|
$83.0 million | 334 | 2 | $248,502 |
|
DE Groote Financial Group
|
|
$648.1 million | 380 | 3 | $1.7 million |
|
Denali Wealth Management
|
|
$256.5 million | 272 | 4 | $943,172 |
|
DHK Financial Advisors
|
|
$1.5 billion | 61 | 2 | $24.8 million |
|
Dover Partners
|
|
$429.8 million | 37 | 3 | $11.6 million |
|
Enright, Mollin, Cascio & Ramusevic
|
|
$250.8 million | 104 | 1 | $2.4 million |
|
Foster Group
|
|
$3.2 billion | 1,840 | 47 | $1.8 million |
|
Frank, Rimerman Advisors
|
|
$2.0 billion | 99 | 2 | $20.3 million |
|
Frontier Asset Management
|
|
$5.7 billion | 3,671 | 14 | $1.6 million |
|
Fund Direct Advisors
|
|
$524.0 million | 233 | 4 | $2.2 million |
|
Future Capital
|
|
$962.5 million | 12,768 | 2 | $75,386 |
|
Gibson Capital
|
|
$2.4 billion | 202 | 6 | $12.0 million |
|
Gutt Financial Management
|
|
$134.2 million | 45 | 1 | $3.0 million |
|
Hanson & Doremus Investment Management
|
|
$736.7 million | 546 | 11 | $1.3 million |
|
Hodge Financial Services
|
|
$164.7 million | 46 | 1 | $3.6 million |
|
Ironwood Wealth Management
|
|
$617.6 million | 524 | 8 | $1.2 million |
|
Kuhn Advisors
|
|
$719.9 million | 291 | 3 | $2.5 million |
|
M.Z. Kark & Associates
|
|
$286.2 million | 157 | 2 | $1.8 million |
|
Madden Funds Management
|
|
$190.5 million | 273 | 2 | $697,897 |
|
Mariner Institutional
|
|
$976.6 million | 24 | 4 | $40.7 million |
|
Marquette Associates
|
|
$410.6 million | 12 | 3 | $34.2 million |
|
Mercer Global Advisors
|
|
$45.4 billion | 28,395 | 440 | $1.6 million |
|
Mill Creek Capital Advisors
|
|
$8.2 billion | 425 | 27 | $19.3 million |
|
Moler Capital Management
|
|
$158.6 million | 79 | 2 | $2.0 million |
|
Monograph Wealth Advisors
|
|
$2.2 billion | 180 | 7 | $12.4 million |
|
Pacific Asset Management
|
|
$254.8 million | 372 | 5 | $684,946 |
|
Paratus Financial
|
|
$619.6 million | 83 | 1 | $7.5 million |
|
Park Place Capital Corporation
|
|
$602.1 million | 373 | 5 | $1.6 million |
|
Pinney & Scofield
|
|
$666.2 million | 285 | 3 | $2.3 million |
|
Potomac Fund Management
|
|
$1.4 billion | 1,358 | 19 | $1.0 million |
|
Prudent Management Associates
|
|
$1.1 billion | 259 | 4 | $4.1 million |
|
Retirement Fund Management
|
|
$692.5 million | 10 | 1 | $69.3 million |
|
Riverbend Capital Advisors
|
|
$662.3 million | 220 | 3 | $3.0 million |
|
Robinswood Financial
|
|
$321.0 million | 461 | 5 | $696,312 |
|
Servus Capital Management
|
|
$24.2 million | 183 | 1 | $132,183 |
|
Smart Portfolios
|
|
$187.9 million | 157 | 4 | $1.2 million |
|
Spectrum Financial Management
|
|
$227.9 million | 143 | 1 | $1.6 million |
|
Steele Capital Management
|
|
$2.7 billion | 1,579 | 11 | $1.7 million |
|
Stolper & Co
|
|
$615.6 million | 92 | 3 | $6.7 million |
|
Summit Portfolio Management
|
|
$169.0 million | 110 | 3 | $1.5 million |
|
Symmetry Partners
|
|
$5.9 billion | 11,453 | 15 | $513,352 |
|
TFC Financial Management
|
|
$1.4 billion | 394 | 8 | $3.5 million |
|
Thalassa Capital
|
|
$86.6 million | 71 | 2 | $1.2 million |
|
The Nestegg Group
|
|
$231.3 million | 203 | 3 | $1.1 million |
|
The Wealth Collaborative
|
|
$669.9 million | 241 | 2 | $2.8 million |
|
Thomas J. Herzfeld Advisors
|
|
$726.9 million | 280 | 4 | $2.6 million |
|
Tobias Financial Advisors
|
|
$756.2 million | 330 | 8 | $2.3 million |
|
Ward & Associates
|
|
$179.6 million | 47 | 2 | $3.8 million |
|
Websterrogers Financial Advisors
|
|
$345.8 million | 315 | 7 | $1.1 million |
|
Wela Financial Advisory
|
|
$505.8 million | 473 | 5 | $1.1 million |
|
Whelan Financial
|
|
$568.8 million | 427 | 7 | $1.3 million |
|
Willow Creek Wealth Management
|
|
$1.7 billion | 945 | 9 | $1.8 million |
|
Wingate Wealth Advisors
|
|
$1.2 billion | 617 | 16 | $2.0 million |
Read Next: Top Firms by State
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About the Editorial Team
Investor.com is your trustworthy guide to the world of financial advisors. 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.