Fastest-growing fee-only advisory firms

5,293
fee-only firms compared: +44%
growth at the typical firm, 2022 to 2026: 17%
of firms at least doubled, and 9% ended smaller

Started with $10 million to $100 million

2,574 firms were this size in 2022. The typical one grew 50%, and 240 ended with less than they started with. These 25 grew the most.

Firms that started with $10 million to $100 million: assets filed in 2022 and 2026, and the change
Rank	Firm	2022	2026	Growth
1	Neu Wealth Group New Albany, Ohio	$22M	$292M	+1,220%^†
2	Able Wealth Management Toms River, New Jersey	$51M	$580M	+1,035%^†
3	Faith Investor Services Scottsdale, Arizona	$25M	$280M	+1,020%^†
4	Thrive Retirement Specialists Dearborn, Michigan	$27M	$304M	+1,011%^†
5	PVA Financial LLC Oak Brook, Illinois	$15M	$137M	+844%^†
6	Wright Wealth Atlanta, Georgia	$21M	$188M	+819%^†
7	Birchwood Capital LLC Carlsbad, California	$12M	$105M	+793%
8	Analog Capital Partners Houston, Texas	$10M	$93M	+792%
9	Blue Line Capital Chicago, Illinois	$15M	$132M	+779%^†
10	Target Rock Wealth Management New York, New York	$11M	$94M	+730%
11	Donalies Financial Planning, LLC Washington, District of Columbia	$26M	$205M	+694%
12	San Francisco Wealth Planning LLC Petaluma, California	$15M	$112M	+628%^†
13	Reflection Asset Management Isle Of Palms, South Carolina	$32M	$229M	+606%^†
14	Strategic Advisory Partners Greensboro, North Carolina	$27M	$191M	+606%
15	SeedSafe Financial Austin, Texas	$18M	$125M	+603%
16	Farnam Financial Phoenix, Arizona	$23M	$161M	+603%
17	Challenger Wealth Management Aliso Viejo, California	$40M	$276M	+585%^†
18	Snake River Investment Counsel Idaho Falls, Idaho	$11M	$78M	+580%
19	Walters Strategic Advisors Sarasota, Florida	$10M	$68M	+579%
20	BWM Planning LLC d/b/a Brownlee Wealth Management Houston, Texas	$69M	$465M	+579%^†
21	Millennial Wealth, LLC Bellevue, Washington	$41M	$279M	+578%
22	Hara Capital Bellevue, Washington	$28M	$189M	+578%^†
23	30/40 Wealth Cornelius, North Carolina	$16M	$107M	+572%
24	Fire Capital Management San Francisco, California	$95M	$635M	+566%^†
25	Quiet Wealth Management Cincinnati, Ohio	$11M	$70M	+532%

† Assets more than doubled within one year. A jump that size usually means a merger, an acquisition or a team of advisors joining.

Started with $100 million to $1 billion

2,410 firms were this size in 2022. The typical one grew 42%, and 197 ended with less than they started with. These 25 grew the most.

Firms that started with $100 million to $1 billion: assets filed in 2022 and 2026, and the change
Rank	Firm	2022	2026	Growth
1	Fidelis Capital Tampa, Florida	$171M	$2.3B	+1,236%^†
2	Kera Capital San Jose, California	$118M	$1.4B	+1,054%^†
3	Expand Financial Littleton, Colorado	$301M	$2.8B	+821%^†
4	Fortitude Family Office Scottsdale, Arizona	$146M	$1.3B	+771%
5	Lighthouse Financial Saint Petersburg, Florida	$106M	$756M	+615%^†
6	Wedmont Private Capital West Chester, Pennsylvania	$501M	$3.4B	+586%
7	Clark Asset Management Stratham, New Hampshire	$199M	$1.3B	+564%
8	Vision Retirement Ridgewood, New Jersey	$105M	$634M	+501%^†
9	Aerodigm Wealth Lake Oswego, Oregon	$253M	$1.5B	+478%
10	Brilliant Advice™ Wealth Management Cincinnati, Ohio	$103M	$570M	+453%^†
11	Astoria Portfolio Advisors New York, New York	$179M	$978M	+447%
12	Shade Tree Advisors Saratoga Springs, New York	$273M	$1.5B	+433%^†
13	Duncan Williams Asset Management Memphis, Tennessee	$511M	$2.7B	+428%^†
14	3chopt Investment Partners Richmond, Virginia	$176M	$889M	+404%^†
15	Breakwater Capital Group Paramus, New Jersey	$217M	$1B	+370%
16	Grey Fox Wealth Advisors Rockland, Delaware	$151M	$699M	+364%
17	Stevens Capital Partners, Inc. Omaha, Nebraska	$180M	$810M	+349%
18	Alpha Solutions Investment Advisors South San Francisco, California	$105M	$466M	+343%
19	The SUM The Woodlands, Texas	$128M	$551M	+331%^†
20	Falcon Wealth Planning, Inc. Irvine, California	$456M	$2B	+329%
21	Quantum Financial Advisors Rockville, Maryland	$135M	$558M	+313%^†
22	Providence Financial Advisors Overland Park, Kansas	$104M	$428M	+311%^†
23	Fiduciary Financial Advisors Grand Rapids, Michigan	$324M	$1.3B	+311%^†
24	Keystone Global Partners Denver, Colorado	$143M	$581M	+306%
25	Watershed Private Wealth Oak Brook, Illinois	$102M	$414M	+304%

† Assets more than doubled within one year. A jump that size usually means a merger, an acquisition or a team of advisors joining.

Started with $1 billion or more

309 firms were this size in 2022. The typical one grew 33%, and 40 ended with less than they started with. These 25 grew the most.

Firms that started with $1 billion or more: assets filed in 2022 and 2026, and the change
Rank	Firm	2022	2026	Growth
1	Waverly Advisors, LLC Philadelphia, Pennsylvania	$4.5B	$29.9B	+569%
2	Mayflower Advisors Boston, Massachusetts	$1.1B	$5.8B	+441%^†
3	Apella Wealth Berwyn, Pennsylvania	$2.4B	$11.1B	+369%
4	Savant Wealth Management Phoenix, Arizona	$12B	$55.6B	+365%
5	Aptus Capital Advisors Fairhope, Alabama	$4B	$14.1B	+256%
6	Sequoia Financial Group Pasadena, California	$9.2B	$32.2B	+252%
7	EP Wealth Advisors Los Angeles, California	$14.7B	$45.1B	+208%
8	Pallas Capital Advisors Braintree, Massachusetts	$1.6B	$4.3B	+177%
9	HB Wealth Nashville, Tennessee	$11.1B	$30.2B	+172%
10	Sax Wealth Advisors, LLC New York, New York	$1.4B	$3.6B	+164%
11	Red Door Wealth Management Memphis, Tennessee	$1.2B	$3.1B	+160%
12	Modera Wealth Management, LLC New York, New York	$7B	$17.7B	+154%
13	Resonant Capital Advisors Madison, Wisconsin	$1.2B	$3B	+146%
14	CW Advisors Bethlehem, Pennsylvania	$6.3B	$15.2B	+141%
15	Phillips and Company Advisors Portland, Oregon	$1.1B	$2.7B	+133%
16	Elm Wealth Philadelphia, Pennsylvania	$1.3B	$3B	+131%
17	Requisite Capital Management Dallas, Texas	$1B	$2.4B	+131%
18	CX Institutional (Credent Wealth) Louisville, Kentucky	$2B	$4.5B	+124%
19	F.L.Putnam Investment Management Company Providence, Rhode Island	$4.5B	$9.7B	+114%
20	Wellspring Family Office Cleveland, Ohio	$2.4B	$5.1B	+109%
21	Magnus Financial Group New York, New York	$1.1B	$2.3B	+106%
22	Multnomah Group Portland, Oregon	$1.3B	$2.7B	+104%
23	Newsquare Capital Newtown Square, Pennsylvania	$1.2B	$2.4B	+101%
24	Withum Wealth Management Red Bank, New Jersey	$1.2B	$2.3B	+100%
25	Inspire Investing Meridian, Idaho	$2B	$4B	+100%

† Assets more than doubled within one year. A jump that size usually means a merger, an acquisition or a team of advisors joining.

How this list is built

Form ADV is the public filing every investment advisory firm keeps with its regulator and updates at least once a year. It states the assets the firm manages. We take the last figure each firm filed in 2022 and the last it filed in 2026. Growth is the change between the two.

That change includes market gains, new clients, and any firms or advisors that joined along the way. Markets rose over these years, which is why the typical firm here grew 44%. A firm at the top of its group grew far faster than the market alone would explain.

Firms are ranked against firms that started at a similar size, because doubling $20 million and doubling $2 billion are different things. Firms that started under $10 million are left out: at that size an ordinary change becomes an enormous percentage. So are firms that share a filing with other firms or file under a different name, because that figure is not theirs alone.

A dagger (†) marks a firm whose assets more than doubled within one year. Firms whose figure changed more than five times over between two yearly filings are left out, because that is almost always a reorganization or a filing error.

The list covers the fee-only firms in the Wellspent graph with a figure in both years, using filings up to October 1, 2026. Each firm's page shows its advisors, and each advisor's page shows the firm's assets year by year. More in the methodology.