‍Top 20 RIAs in Philadelphia (2026 Update): Greater Philadelphia's Largest Wealth Management Firms by AUM

Philadelphia's wealth management scene stretches well beyond Center City, from the Main Line suburbs to Bucks and Montgomery counties, and it is home to some of the oldest independent advisory firms in the country alongside a new wave of breakaway teams. Firms here range from century-old family offices to boutique planning practices built around a single advisor's book of business, and distribution teams evaluating this market alongside other major hubs like the Top 100 Independent RIAs will find a region with real depth beneath its handful of headline names.

We ranked firms using AdvizorPro's dataset of SEC-registered investment advisers headquartered in the Greater Philadelphia metro area, sorted by total assets under management. All key insights are based on data as of September 2026.

Top 20 Philadelphia RIAs at a Glance

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1. myCIO Wealth Partners, LLC | $15.8B

myCIO Wealth Partners is a Philadelphia-based multi-family office built around a "personal CFO" model for high-net-worth individuals, families, corporate executives, and select institutions. The firm has been a fixture of the local wealth management scene since 2005 and has grown steadily into the largest independent RIA headquartered in the city.

Key Insights:

• Total AUM grew 9% over the past year to $15.8B, with 98.2% of assets ($15.5B) held for HNW clients
• 963 advisory clients served by 33 reps and 67 employees
• Custodied primarily at Charles Schwab ($9.2B), with Fidelity also on the platform
• Uses Envestnet and Tamarac for portfolio management and reporting

2. Pitcairn | $5.9B

Pitcairn is a Conshohocken-based multi-family office with roots tracing back to the founding Pitcairn family, now serving entrepreneurs and multigenerational families with integrated investment management, estate planning, tax planning, and charitable giving services. The firm converted to an independently registered advisor in late 2024, which shows up as a sharp jump in reported AUM rather than a one-year growth rate.

Key Insights:

• $5.9B in AUM, with 98.5% ($5.8B) held for HNW clients across 330 advisory clients
• 40 reps and 62 employees across 8 branch offices
• Primarily custodied at Fidelity/NFS ($4.5B)
• Runs on Tamarac and Vanilla for portfolio management

3. Legacy Advisors, LLC | $5.2B

Legacy Advisors is a Plymouth Meeting firm built specifically around advising successful families on the planning challenges that come with significant wealth, from lifetime and philanthropic goals to business succession and estate affairs. The firm has more than tripled its AUM since 2020.

Key Insights:

• AUM grew 24% over the past year to $5.2B, with 92.3% ($4.8B) held for HNW clients
• 317 advisory clients served by 19 reps and 50 employees
• Custodied primarily at Pershing ($4.2B), with Schwab and Betterment also on the platform
• Uses Black Diamond for portfolio reporting

4. Wescott Financial Advisory Group LLC | $4.2B

Wescott Financial Advisory Group is a Center City Philadelphia firm serving business owners, entrepreneurs, and affluent families with comprehensive financial planning and investment management, built on a partnership model where each advisor holds an equity stake in the firm.

Key Insights:

• AUM grew 12% over the past year to $4.2B
• 70.1% of assets ($2.9B) held for HNW clients, with another 25.4% ($1.1B) in retirement plan assets
• 787 advisory clients served by 23 reps and 48 employees
• Custodied at Charles Schwab ($2.4B) and Fidelity ($1.6B); runs on the eMoney planning platform

5. Roffman Miller Associates Inc | $3.2B

Roffman Miller Associates is an employee-owned, fee-only firm based in Philadelphia that has served individuals and families with investment management and retirement-focused financial planning since 1991.

Key Insights:

• AUM grew 10% over the past year to $3.2B, with 90.7% ($2.9B) held for HNW clients
• 1,603 advisory clients, the largest client roster on this list, served by 16 reps and 15 employees
• 100% custodied at Charles Schwab
• Uses Black Diamond for portfolio reporting

6. Elm Wealth | $3.0B

Elm Wealth is a Philadelphia firm offering research-driven personal wealth management for high-net-worth individuals and families, alongside a separately managed Market Navigator ETF that implements the firm's own asset allocation research for a broader audience.

Key Insights:

• AUM grew 49% over the past year to $3.0B, the fastest growth rate in this ranking
• 67.3% of assets ($2.0B) held for HNW clients across 658 advisory clients
• 9 employees and 7 reps
• Custodied across Fidelity ($1.2B), Schwab ($757M), and JP Morgan ($223M)

7. Key Financial, Inc. | $2.8B

Key Financial, led by CEO Patricia Brennan, is a West Chester firm built around guidance for affluent families who want to shelter, preserve, and grow their legacy, with a particular focus on retirees.

Key Insights:

• AUM grew 16% over the past year to $2.8B, with 89.8% ($2.5B) held for HNW clients
• 1,439 advisory clients served by 8 reps and 36 employees
• Custodied primarily through Pershing via Osaic Wealth
• Uses the eMoney planning platform and Addepar for portfolio reporting

8. Ethos Financial Group, LLC | $2.1B

Ethos Financial Group is a King of Prussia-based wealth management firm serving high-income professionals, entrepreneurs, and families with layered financial lives, built through the combination of several previously independent planning practices under one registration.

Key Insights:

• AUM grew 36% over the past year to $2.1B
• 60.5% of assets ($1.3B) held for HNW clients, with another 19.9% ($426M) held for corporations and 16.7% ($359M) for individuals
• 1,814 advisory clients served by 34 reps and 44 employees across 14 branch offices
• Custodied primarily at Charles Schwab ($1.7B)

9. Mitchell Sinkler & Starr | $1.8B

Mitchell Sinkler & Starr is one of Philadelphia's longest-running independent advisory firms, founded in 1972 to build individualized, separately managed portfolios for individuals, families, trusts, and foundations.

Key Insights:

• $1.8B in AUM, with 98.0% ($1.75B) held for HNW clients across 247 advisory clients
• 7 reps and 9 employees
• 100% custodied at Charles Schwab
• Uses Black Diamond for portfolio reporting

10. Amplius Wealth Advisors | $1.7B

Amplius Wealth Advisors is a Blue Bell firm serving corporate executives and high-net-worth families nationally through the wealth accumulation and transfer phases of their financial lives.

Key Insights:

• AUM grew 13% over the past year to $1.7B
• 90.8% of assets ($1.6B) held for HNW clients across 790 advisory clients
• 11 reps and 13 employees
• Custodied primarily at Fidelity ($1.7B); uses eMoney and Pontera for planning and held-away account management

11. Prudent Management Associates | $1.2B

Prudent Management Associates is a Philadelphia firm, founded in 1983, offering asset management and financial planning built around client relationships that in many cases span decades.

Key Insights:

• AUM grew 8% over the past year to $1.2B, with 79.0% ($971M) held for HNW clients
• 231 advisory clients served by 5 reps and 13 employees
• 100% custodied at Fidelity
• Uses Factset and MSCI for research and portfolio analytics

12. Blue Bell Private Wealth Management, LLC | $1.1B

Blue Bell Private Wealth Management provides personalized wealth management for high-net-worth individuals and families across Montgomery County and the Greater Philadelphia region, with services spanning retirement, tax, and estate planning.

Key Insights:

• AUM grew 31% over the past year to $1.1B
• 77.3% of assets ($867M) held for HNW clients, with another 22.0% ($247M) held for individuals
• 813 advisory clients served by 11 reps and 13 employees
• 100% custodied at Charles Schwab

13. Concentus Wealth Advisors | $1.1B

Concentus Wealth Advisors is a Newtown Square firm focused on affluent families in the "maturing stage of life," helping clients transition toward financial independence and retirement as fiduciary stewards of family wealth.

Key Insights:

• AUM grew 20% over the past year to $1.1B, with 93.0% ($1.0B) held for HNW clients
• 344 advisory clients served by 9 reps and 12 employees
• Custodied primarily at Charles Schwab ($917M)
• Uses the eMoney planning platform

14. Sterling Investment Advisors Ltd. | $1.1B

Sterling Investment Advisors is a Berwyn firm combining financial planning and investment analysis for individual clients with retirement plan consulting for corporate plan sponsors.

Key Insights:

• AUM grew 12% over the past year to $1.1B, with 93.9% ($1.0B) held for HNW clients
• 462 advisory clients served by 7 reps and 7 employees
• Custodied at Charles Schwab ($1.0B)
• Uses the eMoney planning platform

15. Stanley-Laman Group Ltd. | $1.0B

Stanley-Laman Group is a Berwyn-based independent investment management and advisory firm serving ultra-high-net-worth individuals, families, and institutions with proprietary quantitative research and alternative asset access.

Key Insights:

• AUM grew 5% over the past year to $1.0B, with 72.2% ($739M) held for HNW clients
• 301 advisory clients served by 3 reps and 24 employees
• Custodied at Charles Schwab ($863M) and BNY Mellon
• Uses Advyzon for portfolio reporting

16. Ellis Investment Partners, LLC | $986.8M

Ellis Investment Partners is a Berwyn firm offering financial planning and investment management to individuals alongside third-party investment advisory and trust investment management services for retirement plan sponsors.

Key Insights:

• AUM grew 8% over the past year to $986.8M, with 71.4% ($705M) held for HNW clients
• 822 advisory clients served by 18 reps and 23 employees across 4 branch offices
• Custodied primarily at Fidelity ($919M)
• Uses Black Diamond for portfolio reporting

17. Northeast Advisers, Inc. | $639.1M

Northeast Advisers is a Paoli firm describing itself as a boutique RIA serving individuals and families with comprehensive financial planning and disciplined, long-term portfolio management, and it has been developing multigenerational client relationships since 2000.

Key Insights:

• AUM grew 11% over the past year to $639.1M
• 54.1% of assets ($346M) held for HNW clients, with another 25.7% ($164M) in retirement plan assets
• 376 advisory clients served by 4 reps and 5 employees
• Custodied at Charles Schwab ($514M); runs on the Orion and SEI Investments platforms

18. MOR Wealth Management, LLC | $395.6M

MOR Wealth Management is a Philadelphia firm serving business owners and families with asset management, estate planning, and retirement planning, founded in late 2022.

Key Insights:

• AUM grew 4% over the past year to $395.6M, with 90.9% ($360M) held for HNW clients
• 154 advisory clients served by 4 reps and 8 employees
• Custodied primarily at Morgan Stanley Smith Barney

19. Magnolia Private Wealth, LLC | $272.1M

Magnolia Private Wealth is a Philadelphia firm founded in 2023 offering financial planning, estate planning, and portfolio construction, and has more than doubled its AUM since its first year of operation.

Key Insights:

• AUM grew 21% over the past year to $272.1M, with 87.1% ($237M) held for HNW clients
• 176 advisory clients served by 4 reps and 4 employees
• Custodied across Charles Schwab ($141M) and Fidelity ($123M)

20. Liberty ONE Wealth Advisors | $178.4M

Liberty ONE Wealth Advisors is a Center City Philadelphia firm founded in 2021, offering wealth management, retirement planning, and estate planning for individual clients and business owners.

Key Insights:

• AUM grew 38% over the past year to $178.4M, one of the fastest growth rates in this ranking
• 236 advisory clients served by 5 reps and 5 employees
• 100% custodied at Charles Schwab
• Uses Advyzon and Pontera for portfolio reporting and held-away account management

Closing Thoughts

Philadelphia's largest independent RIAs skew heavily toward multi-generational family wealth management, from century-old firms like Mitchell Sinkler & Starr to fast-growing newer entrants like Elm Wealth and Liberty ONE Wealth Advisors, and the region's growth is coming from both organic client acquisition and the kind of practice combinations behind firms like Ethos Financial Group. For distribution teams tracking that same consolidation trend nationally, AdvizorPro's RIA M&A August 2026 report breaks down the deal activity driving it, and the Top 20 RIAs in Chicago & Chicagoland ranking offers a look at how another major metro's wealth management landscape compares by AUM and technology stack.

About AdvizorPro

AdvizorPro is the advisor intelligence platform built for asset managers, ETF issuers, wealthtechs, and distribution teams that need to identify, prioritize, and engage financial advisors. With verified data across 750,000+ RIAs, family offices, and broker-dealers, combined with AI-powered lead scoring, TrafficIQ visitor intelligence, native CRM integrations, and now direct connectivity to Claude and ChatGPT, AdvizorPro powers the go-to-market strategies of leading firms across the wealth management ecosystem.
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