The RIA market has grown roughly 5x over the past decade and is now one of the fastest-moving allocator segments in U.S. fundraising. The challenge for investment firms hasn't changed: which RIAs actually allocate to outside managers, and which ones run money in-house and won't take your meeting?
Dakota's database of RIAs is built and updated by fundraisers to answer exactly that. We track more than 17,000 RIAs across the U.S., including nearly 7,000 wealth manager firms, with new firms added every week. Every profile is curated by hand, so RIAs that don't allocate externally are filtered out.
That saves your sales team hours of cold research and keeps the rest of the channel out of outreach they don't want.
Below are the 10 largest RIAs in Houston by AUM. Most fall into the mid-market band where fund managers tend to find the best traction.
For the full Houston dataset with verified contacts, book a demo of Dakota Marketplace.
Top 10 RIAs in Houston
AUM: $10.83B
Account Overview: CAZ Investments is a Registered Investment Advisor (RIA) operating as a Multi Family Office within the Houston metro area. The firm invests its own capital alongside co-investors, committing nearly $300 million of personal capital to its investment vehicles. CAZ Investments focuses on providing access to innovative investing opportunities, primarily concentrated in North America, with a disciplined approach to asset allocation across real estate, private equity, and marketable securities.
The firm manages assets under management (AUM) totaling approximately $10.83 billion. Its portfolio allocates over 50% to alternative investments, including private equity, real estate, hedge funds, venture capital, private credit, secondaries, GP stakes, and venture partnerships. CAZ Investments emphasizes alignment of interests through performance-based compensation and pursues asymmetric return profiles by leveraging partnerships and co-investments in niche and esoteric private market opportunities. Additionally, the firm recognizes professional sports franchises as a unique asset class, offering access to major North American sports leagues through strategic partnerships.
AUM: $9.1B
Account Overview: Americana Partners is a Registered Investment Advisor (RIA) headquartered at 811 Louisiana Street Suite 2420, Houston, TX, operating within the Houston metro area. The firm originated from a spin-out from Morgan Stanley in 2019 and serves a select group of families and individuals, including executives, business owners, and entrepreneurs, focusing on simplifying the management of substantial wealth.
The firm manages assets under management (AUM) totaling approximately $9.1 billion. On the alternative investment side, Michal Mithoff leads private equity efforts, overseeing internal private funds and leveraging access to iCapital through the firm's relationship with Dynasty. Schwab acts as the custodian for the firm’s assets.
AUM: $9B
Account Overview: Houston Trust Company is an RIA that prides itself on being the largest privately owned trust company in Texas. Situated at 1001 Fannin Street Suite 700, Houston, TX, the firm manages a substantial $9 billion in assets. Founded in 1994 by James A. Elkins III and David R. Lummis, the company's core values revolve around personal service, fiduciary duty, and independence.
Houston Trust Company adopts a conservative approach to alternative investments, prioritizing risk management and cost efficiency. The firm predominantly invests with Texas-based managers, focusing on traditional asset classes like high-grade equities and bonds. With a strategic emphasis on long-term performance and lower costs, the company maintains a low turnover rate to minimize transaction costs and taxes, safeguarding client returns. The firm's clientele, many of whom are net income trusts, benefit from a singular objective of maximizing yield.
AUM: $8.76B
Account Overview: US Capital Wealth Advisors is an RIA specializing in Multi Family Office services. The firm is headquartered at 4444 Westheimer Road Suite G500, Houston, TX, and operates within the Houston metro area. Founded in 2010, the organization functions as an integrated financial services boutique with primary business lines in Wealth Management and Capital Markets, serving high net worth individuals, family offices, and corporate, institutional, and municipal clients.
The firm manages assets totaling approximately $8.76 billion. Its wealth management platform offers comprehensive advisory services including investment planning, retirement planning, risk management, tax and estate planning, and access to tax-exempt securities. US Capital Wealth Advisors also provides lending and insurance strategies, business services such as 401(k) plans and succession planning, and estate and legacy planning for families and executives. The alternative investment platform includes hedge funds, private equity, real estate, precious metals, and other non-traditional assets, designed to enhance diversification and tailor investment strategies to client goals and risk tolerance.
AUM: $5.21B
Account Overview: Linscomb Wealth operates as a Registered Investment Advisor (RIA) with a focus on Multi Family Office services. The firm is located at 1400 Post Oak Boulevard Suite 1000, Houston, TX, and serves clients within the Houston metro area. Linscomb Wealth has provided wealth management solutions for over 50 years, acting as a comprehensive financial quarterback to assist clients with all aspects of their personal financial lives. The advisory team includes professionals with advanced degrees and certifications in financial planning, accounting, and law.
The firm manages assets totaling approximately $5.21 billion. Its investment platform emphasizes a diversified and disciplined approach, combining equities, fixed income, real estate, and alternative investments to achieve optimal risk-adjusted returns. Alternative investments include private equity, hedge funds, real estate, and commodities, selected through rigorous due diligence to enhance diversification and reduce portfolio volatility. Linscomb Wealth employs both active and passive strategies supported by thorough financial planning, strategic asset allocation, and continuous portfolio management.
See every Houston RIA, not just the top 10. Dakota Marketplace gives you verified decision-maker contacts, allocation history, and ticket sizes for the full Houston RIA list, plus filters for AUM, structure, and asset class preferences. Book a demo.
AUM: $4.76B
Account Overview: Avidian Wealth Solutions is a RIA specializing as a Multi Family Office. The firm is headquartered at 800 Town and Country Boulevard Suite 220, Houston, TX, and operates within the Houston metro area. Founded in 2003, Avidian provides a holistic, multidisciplinary wealth management approach encompassing financial planning, estate planning, tax strategy, risk management, and investment management, serving clients across four Texas offices.
The firm manages an AUM of approximately $4.76 billion. Its investment platform includes multiple managed models and offers allocations to alternative investments such as hedge funds, private equity, real estate, commodities, and managed futures to enhance portfolio diversification. Avidian primarily delivers wealth management through in-house teams while providing qualified investors access to private fund vehicles. The firm's operations focus on domestic client service within the Texas region.
AUM: $2.8B
Account Overview: Paul Comstock Partners is an RIA specializing in Multi Family Office services, headquartered at 6363 Woodway Drive Suite 620, Houston, TX, and operating within the Houston metro area. The firm is employee-owned and provides independent, objective advice focused on strategic investment and succession planning for individuals, high net-worth families, and family offices. Their offerings include portfolio analysis, strategic planning, investment services, and outsourced family office solutions tailored to maximize long-term results and prepare family members for financial responsibilities.
The firm manages an AUM of approximately $2.8 billion. Its investment platform emphasizes comprehensive investment analytics, asset allocation strategies, and risk control, incorporating clients’ business acumen and existing portfolios. Paul Comstock Partners utilizes boutique strategies, particularly liquid alternatives with unconstrained mandates, and is beginning to explore international investment ideas. The firm’s approach also integrates cash flow management, succession planning, and diversification aligned with individual risk tolerance and return objectives.
AUM: $2.5B
Account Overview: HUB Retirement and Wealth Management operates as a RIA with a specialization in DC Consultant services. The firm is located at 9731 Wortham Boulevard, Suite 105, Houston, TX, and serves clients within the Houston metro area. HUB Retirement and Private Wealth offers institutional and retirement services tailored to both for-profit and not-for-profit organizations, as well as customized private wealth management services for individuals and families.
The firm manages an AUM of $2.5B. HUB International's Houston office provides a comprehensive suite of services including insurance and risk management, employee benefits, and personalized retirement strategies. Additionally, the firm emphasizes alternative investments such as infrastructure and direct real estate, alongside ESG investments, to enhance portfolio diversification and align with clients' financial goals through structured investment consulting services.
AUM: $2.2B
Account Overview: James E. Bashaw & Co. is an RIA based in Houston, TX, operating within the Houston metro area. The firm specializes in private banking and wealth management services for families and institutions. It provides objective, customized financial advice and investment guidance through a highly personal service model that prioritizes long-term client relationships, prudent portfolio management, and comprehensive financial solutions tailored to individual needs.
James E. Bashaw & Co. manages assets totaling approximately $2.21 billion. The firm’s platform focuses on advisory-driven financial services including portfolio construction, investment oversight, fiduciary guidance, and coordinated banking support. It employs an independent, client-aligned approach with tailored strategies, risk management, and disciplined asset allocation to preserve and grow capital across market cycles. The firm also invests with external fund managers and partnerships, with plans to invest in a fund within the next 12 months consistent with its active investment and portfolio management strategy.
AUM: $2.1B
Account Overview: Segment Wealth Management, Llc operates as an RIA with a focus on Multi Family Office services. The firm is located at 3040 Post Oak Boulevard Suite 1725, Houston, TX, and serves the Houston metro area. Founded in 2010 by Gil Baumgarten, a recognized financial advisor with multiple accolades from BARRON'S, the firm emphasizes client advocacy and a fee-only advisory model.
Segment Wealth Management manages assets totaling approximately $2.07 billion. Its platform is built on principles of low fees, tax efficiency, and maintaining a long-term investment perspective, positioning the firm as a leading financial advisory service in its region.
Dakota Marketplace was built by fundraisers to solve the RIA channel's biggest problems: constant M&A, high decision-maker turnover, and figuring out which RIAs actually allocate to outside managers. We track more than 17,000 RIAs across the U.S., with deep coverage of Houston from Steward Global down to HUB Retirement and Wealth Management, every profile curated by hand with verified contacts, ticket sizes, and allocations.
For more, see our 5 key strategies to successfully raising money from RIAs or our piece on the most common objections fund managers raise.
Filter the Houston list by:
- Geography (metro, state, region)
- AUM and typical ticket size
- Allocator type (Multi-Family Office, DC Consultant, Trust Company, Endowment Model)
- Asset class preferences and current allocations
Build your Houston outreach list in minutes instead of weeks.
Book a demo of Dakota Marketplace to see our full Houston RIA coverage.
