Top RIA Firms to Watch in 2020

Written by AdvisorSearch.org

September 12, 2023

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		$619.3 million	259	6	$2.4 million
Altman Investment Management		$119.9 million	39	3	$3.1 million
Arbor Wealth Advisors		$657.7 million	66	1	$10.0 million
Arcadia Investment Advisors		$345.8 million	280	3	$1.2 million
Aspen Capital Management		$1.3 billion	475	9	$2.8 million
Aufman Associates		$971.5 million	245	3	$4.0 million
Avier Wealth Advisors		$1.2 billion	583	14	$2.0 million
BCR Wealth Strategies		$528.1 million	362	7	$1.5 million
Bemanaged		$442.1 million	1,242	3	$355,968
Cape ANN Capital		$198.8 million	248	2	$801,590
Capital Resource Management		$593.2 million	42	1	$14.1 million
Carswell Investments		$322.5 million	175	1	$1.8 million
Clinton Investment Management		$3.9 billion	2,146	12	$1.8 million
Comperio Retirement Consulting		$2.0 billion	27	2	$73.5 million
Conservest Capital Advisors		$1.9 billion	303	7	$6.4 million
Corrigan Financial		$1.1 billion	1,129	12	$1.0 million
Crosspoint Capital Management		$118.0 million	263	2	$448,669
DE Groote Financial Group		$1.2 billion	377	3	$3.2 million
Denali Wealth Management		$226.1 million	243	4	$930,543
DHK Financial Advisors		$1.7 billion	66	2	$25.4 million
Dover Partners		$508.6 million	33	4	$15.4 million
Enright, Mollin, Cascio & Ramusevic		$293.5 million	111	1	$2.6 million
Foster Group		$4.8 billion	2,101	54	$2.3 million
Frank, Rimerman Advisors		$3.4 billion	106	2	$32.1 million
Frontier Asset Management		$5.5 billion	3,240	11	$1.7 million
Fund Direct Advisors		$593.0 million	155	3	$3.8 million
Future Capital		$2.0 billion	15,521	2	$129,876
Gibson Capital		$3.0 billion	247	5	$12.3 million
Gutt Financial Management		$162.1 million	49	1	$3.3 million
Hanson & Doremus Investment Management		$1.1 billion	622	10	$1.7 million
Ironwood Wealth Management		$607.7 million	459	7	$1.3 million
Kuhn Advisors		$753.7 million	269	2	$2.8 million
M.Z. Kark & Associates		$369.6 million	166	1	$2.2 million
Madden Funds Management		$217.9 million	167	2	$1.3 million
Mariner Institutional		$2.8 billion	59	17	$47.8 million
Marquette Associates		$315.7 million	5	3	$63.1 million
Mercer Global Advisors		$60.3 billion	31,333	541	$1.9 million
Mill Creek Capital Advisors		$9.2 billion	445	27	$20.6 million
Moler Capital Management		$203.8 million	87	2	$2.3 million
Monograph Wealth Advisors		$3.2 billion	213	7	$15.2 million
Pacific Asset Management		$384.8 million	377	5	$1.0 million
Paratus Financial		$757.4 million	88	1	$8.6 million
Park Place Capital Corporation		$879.2 million	610	7	$1.4 million
Pinney & Scofield		$858.7 million	295	3	$2.9 million
Potomac		$2.4 billion	1,367	20	$1.8 million
Prudent Management Associates		$1.2 billion	231	4	$5.3 million
Retirement Fund Management		$712.1 million	10	1	$71.2 million
Riverbend Capital Advisors		$820.5 million	216	3	$3.8 million
Robinswood Financial		$366.6 million	487	5	$752,731
Servus Capital Management		$30.1 million	216	1	$139,305
Smart Portfolios		$210.3 million	150	4	$1.4 million
Spectrum Financial Management		$278.1 million	150	2	$1.9 million
Steele Capital Management		$3.5 billion	1,644	13	$2.2 million
Stolper & Co		$615.7 million	65	2	$9.5 million
Summit Portfolio Management		$214.0 million	113	4	$1.9 million
Symmetry Partners		$4.7 billion	8,909	17	$530,996
TFC Financial Management		$1.8 billion	415	10	$4.3 million
Thalassa Capital		$96.3 million	70	2	$1.4 million
The Nestegg Group		$331.0 million	187	3	$1.8 million
The Wealth Collaborative		$791.6 million	256	2	$3.1 million
Thomas J. Herzfeld Advisors		$890.4 million	300	3	$3.0 million
Tobias Financial Advisors		$1.2 billion	383	9	$3.1 million
Ward & Associates		$191.3 million	55	2	$3.5 million
Websterrogers Financial Advisors		$460.5 million	328	7	$1.4 million
Wela Financial Advisory		$657.1 million	446	3	$1.5 million
Whelan Financial		$781.8 million	512	7	$1.5 million
Willow Creek Wealth Management		$2.3 billion	1,068	9	$2.2 million
Wingate Wealth Advisors		$1.4 billion	649	15	$2.2 million

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About the Editorial Team

AdvisorSearch.org is your trustworthy guide to the world of financial advisors. Founded in 2018 as an unbiased resource, it empowers consumers to research and compare financial advisory firms with confidence.