The Leading RIAs in Philadelphia | Dakota Marketplace

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

1. Clark Capital Management Group

AUM: $30.55B

Clark Capital Management Group is an RIA specializing in Multi Family Office services. The firm is situated at 1 Liberty Place 53rd Floor, Philadelphia, PA, operating within the Philadelphia metro area. Clark Capital Management is a family and employee-owned independent asset management firm, offering institutional-quality investment solutions to a diverse client base. The firm manages an AUM of $30.55B and focuses on utilizing high yield space for external funds and managers. Clark Capital Management emphasizes a tailored investment approach, utilizing direct securities or ETFs in various asset classes or style categories to cater to individual investors, corporations, foundations, and retirement plans.

2. Centurion Group, a Marsh McLennan Agency LLC Company

AUM: $28B

Centurion Group, a Marsh McLennan Agency LLC Company, operates as a RIA with a focus on DC Consultant services. The firm is located at 161 Washington Street Suite 1200, Conshohocken, PA, and serves the Philadelphia metro area. Established in 2006, Centurion Benefits specializes in employee benefit consulting, providing quality health and ancillary insurance consulting, as well as institutional retirement plan consulting and fiduciary services to clients with combined plan assets exceeding $16 billion.

Centurion Group manages an AUM of $28 billion. The firm also offers private wealth management, financial planning services, and institutional pension consulting, ensuring a comprehensive suite of services tailored to meet the needs of its diverse clientele. With the backing of Marsh McLennan Agency, Centurion combines local personalized service with extensive global resources to deliver effective insurance and risk management solutions.

3. Hirtle Callaghan & Co.

AUM: $20.99B

Hirtle Callaghan & Co. is an RIA specializing in Multi Family Office services. The firm is situated at 300 Barr Harbor Drive Fifth Floor, West Conshohocken, PA, operating within the Philadelphia metro area. With an impressive AUM of $20.99B, Hirtle Callaghan serves high net worth families and institutions, focusing on long-only strategies.

The organization partners with various entities such as endowments, foundations, healthcare systems, and pension plans, offering tailored investment solutions. Their comprehensive services include strategic asset allocation, manager selection, risk management, and ongoing portfolio oversight. Additionally, Hirtle Callaghan assists families in wealth preservation across generations through personalized investment strategies and collaborative wealth management approaches.

4. Lincoln Investment Planning

AUM: $18.90B

Lincoln Investment Planning operates with a Prime Broker investment focus. The firm is located at 601 Office Center Drive, Suite 300, Fort Washington, PA, within the Philadelphia metro area.

Lincoln Investment manages an AUM of approximately $18.9B. As a full-service broker-dealer and registered investment adviser, the firm is dedicated to assisting individuals and families in achieving long-term financial well-being through a network of over 1,000 financial advisors nationwide, catering to the diverse financial needs of more than 355,000 clients.

5. The Haverford Trust Company

AUM: $15B

The Haverford Trust Company is an RIA organization located at 3 Radnor Corporate Center Suite 305, Radnor, PA, in the Philadelphia metro area. Following the merger with Drexel Morgan in fall 2021, the firm now operates as a $15B multi-family office with a vehicle-agnostic investment approach spanning equities, fixed income, and alternatives. The company's investment strategies are complemented by an OCIO platform that develops investment lists and models for underlying RIAs, such as Detalus in St. Louis.

The Haverford Trust Company manages an AUM of $15B and focuses on equity-centric and risk asset-heavy alternative investments. With a preference for smaller private equity managers and distressed credit opportunities, the firm strategically allocates towards fund two or fund three before significant growth. The organization's commitment to diverse investment avenues underscores its dedication to optimizing client portfolios and maximizing long-term returns.

6. myCIO Wealth Partners

AUM: $14.41B

myCIO Wealth Partners is an RIA specializing in Multi Family Office services. The firm is headquartered at 2929 Walnut Street Suite 1200, Philadelphia, PA, operating within the Philadelphia metro area. Serving a diverse client base, myCIO manages financial consulting services for over $13 billion of investment assets across various entities.

myCIO Wealth Partners oversees an AUM of $14.42B and offers tailored investment solutions to Fortune 500 executives. The firm's approach includes a focus on alternative investments and fiduciary liability management. With a strategic emphasis on internal LP feeder funds, myCIO navigates diverse asset classes such as private credit, real estate, and private equity, aligning with client-specific needs and market dynamics. The firm's investment strategies are designed to optimize returns while ensuring diversified and customized portfolios for its clientele.

7. Pitcairn Trust Company

AUM: $10B

Pitcairn Trust Company operates as a Registered Investment Advisor (RIA) and is based in Jenkintown, Pennsylvania. The firm serves over 140 client families across approximately 500 households in the U.S. and manages more than $10 billion in assets under advisement. It is associated with the Philadelphia metro area and emphasizes a personalized, multigenerational wealth management approach through its proprietary Wealth Momentum® program and Shared Single-Family Office™ model.

Pitcairn Trust Company reports an AUM of $10 billion. The firm employs a best-in-class platform strategy, utilizing tools such as Morningstar Direct, Preqin, and eVestment to enhance investment decision-making. Its investment manager research process is driven by client goals, spending requirements, and philanthropic objectives, with a focus on both private and public market opportunities. The firm is also exploring alternative offerings, including hedge funds and private equity, to further diversify its investment strategies.

8. Great Valley Advisors Group

AUM: $9.73B

Great Valley Advisors Group is an RIA specializing in Multi Family Office services. Situated at 920 Cassatt Rd Suite 202, Berwyn, PA, the firm operates within the Philadelphia metro area. Established to support independent financial advisors, GVA offers a comprehensive range of services, including asset management, compliance support, and consulting, leveraging technology and market insights to enhance advisor efficiency.

Great Valley Advisors Group manages an AUM of $9.73B. The firm employs a diversified investment strategy catering to various risk tolerance levels and investment horizons. Offering distinct investment approaches like Growth and Aggressive strategies, GVA focuses on smart asset management through in-house teams, providing tailored services to meet client needs effectively. Additionally, GVA integrates alternative investments to enhance diversification and returns, supporting advisors with technology-driven asset management solutions.

9. Mill Creek Capital Advisors, LLC

AUM: $9.17B

Mill Creek Capital Advisors, LLC is an RIA specializing in Multi Family Office services. Situated at 161 Washington Street Suite 1500, Conshohocken, PA, the firm's operations are centered in the Philadelphia metro area. Established in 2006, Mill Creek focuses on tailored wealth strategy and investment management for ultra-high-net-worth families, single-family offices, and institutions, led by Joshua Gross as CEO and Michael Crook as CIO. The firm manages an AUM of $9.17B and employs a diversified investment approach, including an internal private equity fund of funds. Utilizing passive ETFs for equity exposure, Mill Creek engages boutique managers for active strategies, fostering long-term partnerships. In addition, the firm offers customized model portfolios across public equity, fixed income, and alternative investments, emphasizing due diligence and client collaboration for optimal portfolio construction and management.

10. Capital Analysts LLC

Capital Analysts LLC is an RIA specializing in Multi Family Office services. Situated at 601 Office Center Drive Suite 300, Fort Washington, PA, the firm operates within the Philadelphia metro area. Established in 2012, Capital Analysts provides investment advisory services nationwide through a network of independent contractors known as Advisors.

Capital Analysts manages an AUM of $8.71B and offers a diverse range of investment advisory services, including Managed Programs, Advisor Services, Third-Party Managed Portfolios, and ERISA Retirement Plan Advice. Clients can tailor their selections based on individual needs and investment goals, supported by a comprehensive investor profile process to ensure personalized recommendations. The firm upholds a fiduciary duty to act in the client's best interest across all advisory accounts, with varying levels of account monitoring based on the chosen program and agreement.

To see a full list of RIAs in Philadelphia or other metros, book a demo of Dakota Marketplace.