November 04, 2025

Top RIAs in Major Metro Areas 2025

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RIAs are one of the most dynamic and fast growing channels for investment firms to call on when fundraising. The challenge has always been: “what RIAs invest in outside managers and are not investment managers themselves?”

Through our Dakota Marketplace database of RIAs, we have aimed to solve that problem by curating and vetting each RIA by hand and only showing those RIAs that are true prospects for an investment firm. This saves both the investment sales team member time, but also saves the “other” RIAs that don’t allocate to other managers from getting unnecessary emails and phone calls.

However, this is by no means a “best of” list, as there are so many high quality RIAs across the country. By the end of the article, you'll have a clear idea of the landscape and who you can be calling on.

For a more detailed list of RIAs, click here to book a demo of Dakota Marketplace.

New York City

1. Focus Financial Partners

AUM: $400,000,000,000

2. Hightower Advisors LLC

AUM: $164,789,471,551

3. Lazard Family Office Partners

AUM: $128,878,312,897

4. Cerity Partners

AUM: $122,848,693,051

5. Brown Advisory

AUM: $121,936,354,796

Los Angeles

1. SageView Advisory Group

AUM: $238,552,018,915

2. NFP Retirement Inc.

AUM: $118,031,461,765

3. The TCW Group

AUM: $40,149,916,771

4. Beacon Point Advisors

AUM: $39,839,757,384

5. EP Wealth Advisors

AUM: $35,570,000,000

Chicago

1. Gallagher Fiduciary Advisors, LLC

AUM: $180,614,282,519

2. William Blair

AUM: $74,800,000,000

3. Cressent Wealth Advisors

AUM: $71,864,303,961

4. CIBC Private Wealth

AUM: $61,112,966,756

5. Mesirow Financial

AUM: $56,000,000,000

Dallas

1. Fisher Investments

AUM: $298,729,428,900

2. Avantax Wealth Management

AUM: $46,109,939,749

3. First Command Financial Planning

AUM: $22,090,760,499

4. CH Investment Partners

AUM: $13,950,022,655

5. Cain Capital Management, Lp

AUM: $13,000,000,000

Boston

1. Fidelity Strategic Advisors

AUM: $1,067,664,605,590

2. Pathstone

AUM: $100,444,137,501

3. Focus Partners Wealth

AUM: $95,889,888,426

4. SCS Financial Services

AUM: $43,134,668,533

5. Partners Capital Group

AUM: $41,480,618,620

These are just a few of the most-viewed RIAs across key metro areas in Dakota Marketplace. To explore the full database of RIAs, book a demo and see how Dakota Marketplace can support your outreach!