2025 Guide to the Best RIAs in Dallas

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.

Below are a few RIAs in Dallas that we thought you might like to know. For a more detailed list of RIAs in Dallas, click here to see for free.

1. Fisher Investments

AUM: $298.72B

Fisher Investments operates as a RIA, with its headquarters located at 6500 International Parkway, Plano, TX. The firm serves a diverse global client base, including high-net-worth individuals, families, retirement plans for small to mid-sized businesses, and institutional investors, such as pension funds and endowments. Fisher Investments is distinguished by its fee-only model, which aligns client interests by avoiding commissions and outside ownership influence, and it operates within the Dallas metro area.

The firm manages an AUM of approximately $298.73 billion. Fisher Investments employs a disciplined, top-down portfolio construction process, analyzing global macroeconomic conditions to inform strategic asset allocation. The firm utilizes a broad range of investment strategies, including equities, fixed income, and alternative instruments, to tailor solutions to client objectives, supported by a dedicated service team that provides regular updates and educational resources.

2. Avantax Wealth Management

AUM: $46.11B

Avantax Wealth Management operates as a Registered Investment Advisor (RIA) with a focus on Multi Family Office services. The firm is headquartered at 3200 Olympus Boulevard Suite 100, Dallas, TX, and is associated with the Dallas metro area. Avantax, formerly known as 1st Global, has merged with HD Vest and currently utilizes Fidelity for custody while collaborating with Envestnet for model delivery. The firm manages a diverse array of investment options, including mutual funds, ETFs, and alternative investments, all tailored to meet the financial goals of its clients.

Avantax Wealth Management reports a total AUM of approximately $46.11B. The firm has recently acquired Summit Wealth Advocates, LLC, and is involved in a transaction where Cetera Financial Group is acquiring Avantax Wealth Management for $1.2B. The firm emphasizes a tax-intelligent investment strategy, focusing on financial planning and wealth management, ensuring that investments align with clients' broader financial and life objectives.

3. First Command Financial Planning

AUM: $22.1B

First Command Financial Planning is an RIA based in Fort Worth, TX, serving military veterans nationwide. The firm's Financial Behaviors Index provides insights into the financial behaviors and attitudes of career military families and the general population, highlighting the benefits of working with a financial advisor, such as higher savings rates and confidence in financial futures.

The firm manages $22.09B AUM and maintains partnerships with top asset managers like Vanguard, American Funds, and Fidelity. With a preference for active managers, First Command offers mutual fund models, passive models, and an income model. Assets are custodied at Pershing, and the firm operates within the Dallas metro area, emphasizing strategic relationships and a tailored approach to investment management.

4. CH Investment Partners

AUM: $13.95B

The organization known as CH Investment Partners functions as a RIA specializing in Multi Family Office services. Situated at 3819 Maple Avenue Suite 250, Dallas, TX, the firm operates within the Dallas metro area. With a focus on ultra-high-net-worth families, CH Investment Partners offers tailored investment portfolios and personalized service. CH Investment Partners manages an impressive AUM of $13.95B. Their investment strategies cover global equities, hedge funds, private equity, direct investments, real estate, and fixed income. Additionally, the firm provides advisory services informed by the Trammell Crow family's wealth preservation expertise. CH Investment Partners is distinguished by its holistic approach to alternative investments, emphasizing rigorous research and strategic partnerships to deliver superior results for partner families.

5. Tolleson Private Wealth Management

AUM: $8.76B

Tolleson Private Wealth Management is an RIA specializing in Multi Family Office services. Situated at 5500 Preston Road Suite 250, Dallas, TX, the firm caters to ultra-high-net-worth clients, offering personalized investment portfolios that encompass bond management, tax-efficient investing, and a private investment program. With an emphasis on active management and risk mitigation, Tolleson provides transparent, secure access to daily consolidated reporting.

Tolleson Private Wealth Management oversees an AUM of $8.76B and tailors diversified portfolios for clients, analyzing both domestic and international markets to identify opportunities and risks. The firm's long-term approach aligns with the needs of families of substantial wealth, ensuring a comprehensive suite of financial services designed to adapt to shifts in the investment landscape within the Dallas metro area.

6. Retirement Advisors of America Inc.

AUM: $5B

Retirement Advisors of America Inc. is an RIA specializing in tailored financial solutions for airline pilots and their families. Situated at 15725 Dallas Parkway Suite 220, Addison, TX, the firm focuses on retirement planning, investment management, estate planning, survivor assistance, and insurance guidance within the Dallas metro area.

Retirement Advisors of America Inc. oversees an AUM of $5B, emphasizing comprehensive financial planning customized for the airline community. With a strategic approach centered on understanding unique needs, the firm's services encompass retirement planning, estate planning, tax services, and investment management aligned with clients' financial objectives.

7. Beacon Pointe

AUM: $5B

Beacon Pointe - Dallas is an RIA providing comprehensive wealth advisory services in Dallas, TX. The firm caters to a diverse clientele, including institutions, defined contribution plans, individuals, and families. Operating under a fiduciary responsibility, Beacon Pointe's allWEALTH® approach encompasses wealth and retirement planning, estate and tax strategy planning, insurance reviews, risk assessments, charitable giving, education planning, and values-based investing.

Beacon Pointe manages an AUM of $5B and specializes in customized investment solutions tailored to individual client needs. The firm's investment research philosophy emphasizes rigorous due diligence and consistent manager selection outcomes. With a focus on diversification and high-caliber manager selection, Beacon Pointe offers alternative investments and values-based investing options to meet unique client goals and values, ensuring transparency and valuable insights for clients and stakeholders.

8. True North Advisors, Inc.

AUM: $4.48B

True North Advisors, Inc. is an RIA specializing in Multi Family Office services. The firm is situated at 3131 Turtle Creek Boulevard Suite 1300, Dallas, TX, within the Dallas metro area. Established in 2000 by Scott Wood and Mark Gehlbach, True North is recognized for its rapid growth in Texas and ranks among the top 150 RIAs in the U.S.

The firm manages assets exceeding $4.48B and provides tailored wealth planning, investment management, and business transaction planning solutions to significant business owners, entrepreneurs, and families. True North's strategic partnership with Wealth Partners Capital Group and HGGC aims to enhance client service while expanding its presence in Texas and the Southwest. Additionally, the firm oversees the Western Alternative Strategies platform, offering exclusive access to private investments and recently acquired Clear Rock Advisors.

9. Cain Watters & Associates LLC

AUM: $4.24B

Cain Watters & Associates LLC operates as a RIA with a focus on Multi Family Office services. The firm is located at 17 Cowboys Way Suite 300, Frisco, TX, and serves the Dallas metro area. Established in 1984, Cain Watters & Associates provides a comprehensive suite of services tailored for dental professionals, including financial planning, tax services, and investment advisory.

The firm manages an AUM of $4.24B. Its platform integrates bookkeeping, tax services, and wealth management, ensuring a cohesive advisory experience for clients. The firm emphasizes a disciplined planning process that includes goal identification, practice assessment, and ongoing monitoring to align financial strategies with evolving objectives.

10. Quotient Wealth Asset Management

AUM: $3.5B

Quotient Wealth Asset Management operates as a RIA, providing investment management services primarily to a series of separate special purpose vehicles or private funds. The firm is located at 5430 LBJ Freeway, Suite 1150, Dallas, TX, and is recognized within the Dallas metro area. Established in May 2025, Quotient Wealth Asset Management is principally owned by Quotient Wealth Partners, LLC, which is also an SEC-registered investment adviser.

The firm manages an AUM of $3.5B. As an SEC-registered investment adviser, Quotient Wealth Asset Management collaborates with its affiliated adviser, Quotient Wealth Partners, LLC, to offer a comprehensive suite of wealth management and financial planning services, thereby enhancing the investment advisory experience for client portfolios.

To see a full list of RIAs in Dallas or other metros, book a demo of dakota marketplace!