Our ninth annual ranking of independent advisory companies is based on assets managed by the firms, growth, technology spending, succession planning, and other metrics. For the first time, Barron’s is ranking the largest registered investment advisor firms separately from its broader RIA ranking. For our list of mega RIAs, we selected firms that manage 2% or more of the total assets of all ranking applicants. This year, that creates a threshold of $70 billion in assets.

See Our Top Independent Advisor and RIA Rankings. Plus, the Growth of Mega RIAs.

Heavyweight registered investment advisor firms, or RIAs, now manage asset amounts that would have been unthinkable for independent firms not long ago. For investors, there are pros and cons.

A Guide to the Different Flavors of Financial Advisor

How This Team Built Itself Into One of the Largest Registered Investment Advisors

Related Articles

Not Too Big, Not Too Small: Why This RIA Says It’s Just the Right Size to Tap Investment Opportunities

Too Much Big Tech Can Make for a Risky Portfolio. How This Advisory Helps Protect Its Clients.