Crossing the $1 billion AUM threshold remains one of the most meaningful milestones for independent advisory firms. It represents not only scale but also the operational maturity, client trust, and investment infrastructure required to compete among top players.

Using AdvizorPro’s real-time RIA database, we identified ten firms that have surpassed the $1 billion AUM mark in the past six months. These firms represent a wide range of regions and service models, from traditional wealth management boutiques to family office platforms and next-generation advisory networks, all reflecting the continued momentum of the independent RIA movement. You can explore more insights into market dynamics in The RIA M&A Playbook and Advisor Demographics Report 2025.

*All key insights are based on data as of November 5th, 2025.

Kera Capital Partners

California-based Kera Capital Partners serves entrepreneurs, families, and closely held businesses through an integrated family-office approach that blends investment management, tax strategy, and legacy planning. Their rise above $1 billion in AUM underscores growing demand for comprehensive fiduciary advice among ultra-high-net-worth clients seeking independence and discretion.

Key Insights

• Total AUM: $1.07 billion

• Has 74.1% of their assets with high-net-worth individuals

• Works with platforms including eMoney

• Works with high-net-worth individuals

• Lists 57.9% of their SMA assets with Charles Schwab & Company

• Offers asset management, business succession, and estate planning

• Advisory clients increased from 277 to 283

• Number of employees increased from 11 to 12

A&M Private Wealth Partners

Founded under the Alvarez & Marsal umbrella, A&M Private Wealth Partners brings institutional-level expertise to private wealth management. Based in West Palm Beach, the firm focuses on tax-aware investing, estate planning, and multi-family-office services—combining global reach with boutique execution. Their growth to $1 billion AUM highlights the strength of the A&M brand in wealth advisory.

Key Insights

• Total AUM: $1.57 billion

• Experienced top 97.2% AUM growth compared to $1B+ RIAs with 106% AUM growth

• Has 81.4% of their assets with high-net-worth individuals

• Works with platforms including JP Morgan

• Lists 73.8% of their SMA assets with Fidelity/Nfs

• Offers asset management, business succession, and charitable giving

• Advisory clients increased from 0 to 12

• Number of employees decreased from 22 to 21

Compass Financial Group

Compass Financial Group has steadily built its reputation for independent, conflict-free advice. With a focus on transparent pricing and goals-based planning, Compass helps high-net-worth families and business owners align investments with long-term objectives. Surpassing $1 billion AUM signals the firm’s success in scaling trust-driven relationships over transactional growth.

Key Insights

• Total AUM: $1.23 billion

• Has 60% of their assets with high-net-worth individuals

• Lists 100% of their SMA assets with Charles Schwab & Company

• Offers 529 Plans

• Advisory clients increased from 2,410 to 2,675

• Number of employees increased from 7 to 13

Alterna Wealth Management

New York-based Alterna Wealth Management delivers personalized financial planning and disciplined portfolio management. Alterna’s client-first approach, paired with its emphasis on clear communication and adaptable strategies, has fueled consistent organic growth culminating in its recent entry into the $1 billion AUM tier.

Key Insights

• Total AUM: $1.23 billion

• Experienced top 89.6% AUM growth compared to $1B+ RIAs with 43% AUM growth

• Has 50.7% of their assets with high-net-worth individuals

• Lists 100% of their SMA assets with Pershing

• Offers insurance, life insurance, and portfolio construction

• Advisory clients increased from 1,034 to 1,285

• Number of employees increased from 36 to 51

Penn Davis McFarland Inc.

Founded in Dallas in 1977, Penn Davis McFarland is a research-driven RIA built on disciplined portfolio management, long-term investing, and fiduciary service to individuals, families, and institutions. With decades of steady growth and a flexible investment process that transcends traditional allocation models, its recent ascent into the $1 billion tier underscores the lasting appeal of fundamentals-based advice.

Key Insights

• Total AUM: $1.26 billion

• Experienced top 91.8% AUM growth compared to $1B+ RIAs with 50% AUM growth

• Has 95.8% of their assets with high-net-worth individuals

• Lists 83.8% of their SMA assets with Charles Schwab & Company

• Offers asset management, estate planning, and financial planning

• Advisory clients increased from 128 to 217

• Number of employees increased from 9 to 11

Sgroi Wealth Advisory Group

Founded in 1971 and headquartered in West Seneca, New York, Sgroi Wealth Advisory Group delivers comprehensive wealth planning, tax-aware investing, and legacy strategies for affluent families. With deep roots in upstate New York, the firm’s client-centric model reflects a legacy of trust and growth, marking its first entry into the $1 billion tier.

Key Insights

• Total AUM: $1.08 billion

• Has 83.5% of their assets with individuals

• Offers 529 Plans, asset management, and college planning

• Advisory clients decreased from 5,256 to 3,822

• Number of employees increased from 25 to 27

Onyx Bridge Wealth Group

Onyx Bridge Wealth Group brings a modern perspective to independent wealth management, focusing on entrepreneurs, young professionals, and multigenerational families. By pairing tech-enabled operations with personalized planning, Onyx Bridge achieved rapid growth, joining the $1 billion AUM ranks in 2025.

Key Insights

• Total AUM: $1.00 billion

• Has 58.7% of their assets with high-net-worth individuals

• Works with platforms including Ameriprise, CAIS, Envestnet, and iCapital

• Lists 100% of their SMA assets with Charles Schwab & Company

• Offers asset management, business succession, and charitable giving

• Advisory clients increased from 1,601 to 1,660

• Number of employees increased from 24 to 28

Private Advisory

Based in Redmond, WA and Draper, UT, Private Advisory positions itself as a family-office-level advisory platform offering investment management, estate strategy, and private-market access. Its personalized model and multi-disciplinary execution have driven consistent growth, propelling it into the $1 billion AUM club.

Key Insights

• Total AUM: $1.32 billion

• Experienced top 90.6% AUM growth compared to $1B+ RIAs with 46% AUM growth

• Has 83.2% of their assets with high-net-worth individuals

• Lists 100% of their SMA assets with Charles Schwab & Company

• Offers asset management, business succession, and estate planning

• Advisory clients increased from 513 to 601

• Number of employees increased from 18 to 26

Signal Advisors Wealth

Signal Advisors Wealth (also known as Signal Wealth) is a technology-enabled SEC-registered investment adviser delivering personalized wealth management solutions across every stage of life. The firm integrates advanced planning tools, dedicated advisor support, and a holistic investment approach designed to help clients build, protect, and grow their wealth.

Key Insights

• Total AUM: $1.35 billion

• Has 62.1% of their assets with individuals

• Lists 55.3% of their SMA assets with Charles Schwab & Company

• Offers asset management, business succession, and charitable giving

• Advisory clients increased from 2,233 to 4,257

• Number of employees increased from 14 to 15

Columbia Asset Management

Ann Arbor-based Columbia Asset Management blends institutional-grade portfolio construction with hands-on client service. Its disciplined investment approach and local community roots have fueled steady organic growth, culminating in its entry into the $1 billion AUM tier.

Key Insights

• Total AUM: $1.05 billion

• Has 80.9% of their assets with high-net-worth individuals

• Works with platforms including Tamarac

• Offers asset management, charitable giving, and estate planning

• Number of employees decreased from 7 to 6

• Advisory clients decreased from 431 to 429

The Bottom Line

As more RIAs cross this threshold, the independent advisory space continues to evolve, becoming more sophisticated, tech enabled, and client focused than ever before. Explore how AdvizorPro tracks firm-level data and advisor behavior in TrafficIQ Playbook and Advisor Demographics Report Pt 2 2025.

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