Top RIAs in Arizona
Every SEC-registered RIA with a main office in Arizona, by regulatory AUM, from Form ADV
209 RIAs registered with the SEC are headquartered in Arizona, the 20th most of any state, managing $507.6B in regulatory assets as of Sep 1, 2026. The largest by regulatory AUM is Osaic Wealth, Inc. in Scottsdale at $234.9B. 36 firms report $1 billion or more.
209
SEC-registered RIAs
$507.6B
Regulatory AUM
36
Firms at $1B and above
$252.7M
Median firm AUM
Data as of Sep 1, 2026, file ia09012026-registered.zip. Retrieved Sep 10, 2026.
01 · The firms
Every SEC-registered RIA in Arizona, by regulatory AUM
The default sort is regulatory assets under management as each firm filed it, which puts asset managers and wealth managers on one list. The toggle for firms where individuals and high-net-worth individuals hold the majority of assets is what separates them, using the firm's own Form ADV Item 5.D figures.
All 209 firms, by regulatory AUM as filed.
| # | Firm | City | Regulatory AUM | Advisory staff | Accounts | Individual + HNW clients | Retail share | Filed |
|---|---|---|---|---|---|---|---|---|
| 1 | Osaic Wealth, Inc.CRD 23131 | Scottsdale | $234.9B | 7,143 | 850,797 | 569,367 | 97% | Aug 2026 |
| 2 | Voya Investments, LLCCRD 111091 | Scottsdale | $59.5B | 71 | 107 | n.d. | 0% | Mar 2026 |
| 3 | GI PartnersCRD 161573 | Scottsdale | $35.7B | 85 | 29 | 0 | 0% | Mar 2026 |
| 4 | Davis Selected Advisers LPCRD 108674 | Tucson | $30.1B | 10 | 109 | 49 | 1% | Mar 2026 |
| 5 | United Planners' Financial Services of America A Limited PartnerCRD 20804 | Scottsdale | $12.8B | 546 | 47,883 | 30,039 | 96% | Jun 2026 |
| 6 | Foundations Investment Advisors LLCCRD 175083 | Phoenix | $10.1B | 289 | 63,604 | 29,615 | 100% | Jul 2026 |
| 7 | Balbec Capital Management LPCRD 284363 | Scottsdale | $8.0B | 40 | 23 | n.d. | 0% | Apr 2026 |
| 8 | Ashton Thomas Private WealthCRD 153902 | Scottsdale | $6.0B | 63 | 7,879 | 3,181 | 98% | Aug 2026 |
| 9 | DynamicCRD 151367 | Phoenix | $5.6B | 65 | 15,179 | 5,509 | 94% | Aug 2026 |
| 10 | Smead Capital Management, Inc.CRD 143567 | Phoenix | $5.5B | 10 | 185 | 51 | 1% | Mar 2026 |
| 11 | TCI Wealth Advisors, Inc.CRD 107373 | Tucson | $5.4B | 45 | 11,863 | 3,189 | 96% | Aug 2026 |
| 12 | TFO Family Office PartnersCRD 159440 | Phoenix | $5.0B | 47 | 1,939 | 245 | 99% | Jun 2026 |
| 13 | Stoker Ostler, A Part of BMO Financial GroupCRD 111320 | Scottsdale | $3.7B | 12 | 5,166 | 1,579 | 100% | Jul 2026 |
| 14 | Sovereign Investment Advisors LLCCRD 149040 | Phoenix | $3.3B | 6 | 144 | 4 | 0% | Jun 2026 |
| 15 | PFG AdvisorsCRD 173344 | Phoenix | $3.3B | 86 | 13,982 | 7,527 | 97% | Mar 2026 |
| 16 | Trek FinancialCRD 109376 | Scottsdale | $2.8B | 55 | 10,768 | 4,539 | 86% | Jul 2026 |
| 17 | Trajan Wealth, L.L.C.CRD 158847 | Scottsdale | $2.6B | 46 | 18,370 | 10,633 | 100% | Aug 2026 |
| 18 | Redwood Investment Management, LLC.CRD 153139 | Scottsdale | $2.5B | 5 | 524 | 142 | 3% | Mar 2026 |
| 19 | Verus Capital Partners, LLCCRD 151568 | Scottsdale | $2.3B | 45 | 7,289 | 5,086 | 91% | Mar 2026 |
| 20 | Versant Capital Management, Inc.CRD 131692 | Phoenix | $1.8B | 14 | 1,678 | 466 | 80% | Mar 2026 |
| 21 | Ironwood Investment Counsel, LLCCRD 110623 | Scottsdale | $1.8B | 12 | 2,525 | 549 | 90% | Mar 2026 |
| 22 | Indigo Partners LLCCRD 163648 | Scottsdale | $1.7B | 7 | 21 | n.d. | 0% | Jul 2026 |
| 23 | L. ROY Papp & Associates, LLPCRD 105130 | Phoenix | $1.6B | 10 | 1,847 | 549 | 90% | May 2026 |
| 24 | Global Strategic Nextgen OcioCRD 175300 | Scottsdale | $1.6B | 5 | 401 | 114 | 74% | Aug 2026 |
| 25 | AWM Capital, LLCCRD 287980 | Phoenix | $1.5B | 28 | 2,885 | 455 | 92% | Mar 2026 |
| 26 | Galvin, Gaustad & Stein, LLCCRD 153410 | Scottsdale | $1.4B | 17 | 1,948 | 831 | 97% | May 2026 |
| 27 | Total Investment Management, Inc.CRD 108818 | Scottsdale | $1.4B | 8 | 2,079 | 1,184 | 100% | Mar 2026 |
| 28 | MSH Capital Advisors LLCCRD 157835 | Scottsdale | $1.3B | 14 | 2,362 | 2,257 | 74% | Apr 2026 |
| 29 | Brookwood Investment GroupCRD 316544 | Phoenix | $1.3B | 22 | 7,129 | 3,500 | 100% | Mar 2026 |
| 30 | Decisionpoint Financial, LLCCRD 296988 | Mesa | $1.2B | 14 | 1,853 | 602 | 49% | Aug 2026 |
| 31 | ARQ Wealth Advisors, LLCCRD 147351 | Scottsdale | $1.2B | 11 | 2,131 | 597 | 98% | Aug 2026 |
| 32 | Balboa Wealth Partners, Inc.CRD 282329 | Scottsdale | $1.1B | 26 | 2,623 | 1,084 | 98% | Aug 2026 |
| 33 | GR Financial Group, LLCCRD 172370 | Tucson | $1.1B | 6 | 2,552 | 1,548 | 99% | Aug 2026 |
| 34 | Bridgeport Financial SolutionsCRD 325485 | Phoenix | $1.0B | 9 | 2,755 | 895 | 87% | Aug 2026 |
| 35 | Watts Gwilliam & Company, LLCCRD 131458 | Gilbert | $1.0B | 6 | 1,208 | 503 | 95% | Jul 2026 |
| 36 | Fortitude Family OfficeCRD 317615 | Scottsdale | $1.0B | 13 | 848 | 356 | 85% | Mar 2026 |
| 37 | SEM Wealth ManagementCRD 112142 | Tucson | $933.5M | 4 | 4,065 | 1,980 | 81% | Mar 2026 |
| 38 | Rovin CapitalCRD 152662 | Mesa | $917.3M | 9 | 2,585 | 520 | 75% | Mar 2026 |
| 39 | Estancia Capital Management, LLCCRD 166478 | Scottsdale | $908.0M | 11 | 6 | n.d. | 0% | Jun 2026 |
| 40 | Claremont Capital Management, LLCCRD 155189 | Phoenix | $843.9M | 2 | 25 | 15 | 24% | Mar 2026 |
| 41 | Wealth Management Partners, LLCCRD 309790 | Tucson | $793.5M | 6 | 2,270 | 787 | 96% | Feb 2026 |
| 42 | Standpoint Asset Management, LLCCRD 305155 | Scottsdale | $771.1M | 6 | 1 | n.d. | 0% | Mar 2026 |
| 43 | Curafin AdvisorsCRD 329091 | Phoenix | $748.4M | 2 | 111 | n.d. | 0% | Mar 2026 |
| 44 | Sensible Money, LLCCRD 158641 | Scottsdale | $742.5M | 8 | 1,416 | 324 | 100% | Mar 2026 |
| 45 | Financial Directions LLCCRD 108475 | Tucson | $737.8M | 3 | 2,488 | 2,488 | 100% | Mar 2026 |
| 46 | Able Financial Group, LLCCRD 323646 | Scottsdale | $732.9M | 9 | 1,694 | 613 | 96% | Mar 2026 |
| 47 | Windsor Capital Management, LLCCRD 116593 | Phoenix | $703.4M | 5 | 1,204 | 458 | 89% | Jan 2026 |
| 48 | Asset Growth Solutions, LLCCRD 342319 | Scottsdale | $702.7M | 4 | 4 | n.d. | 0% | Jul 2026 |
| 49 | RRA CapitalCRD 306287 | Phoenix | $663.3M | 23 | 3 | n.d. | 0% | Mar 2026 |
| 50 | Ironwood Financial, LLCCRD 151004 | Tucson | $662.5M | 8 | 1,667 | 588 | 80% | Jun 2026 |
02 · By city
Where in Arizona the firms sit
Main-office city as filed. Up to the twenty-five cities with the most firms.
- Scottsdale89 · $400.8B
- Phoenix37 · $47.0B
- Tucson27 · $44.5B
- Mesa11 · $3.9B
- Tempe10 · $2.3B
- Chandler7 · $2.5B
- Gilbert6 · $1.8B
- Flagstaff3 · $693.8M
- Peoria3 · $848.6M
- Fountain Hills2 · $377.3M
- Prescott2 · $240.1M
- Surprise2 · $379.3M
- Avondale1 · $138.8M
- Cave Creek1 · $142.1M
- Glendale1 · $261.5M
- Kingman1 · $197.7M
- Oro Valley1 · $242.0M
- Show Low1 · $228.4M
- Sierra Vista1 · $105.0M
- Sun City1 · $405.1M
- Tuscon1 · $113.9M
- Yuma1 · $371.1M
03 · Questions
Questions people ask about RIAs in Arizona
- How many RIAs are in Arizona?
- 209 RIAs registered with the SEC list a main office in Arizona in the SEC's Form ADV data as of Sep 1, 2026. That count excludes state-registered RIAs, which generally manage under $100 million and file with the state rather than the SEC, and firms whose address is suppressed on Form ADV.
- What is the largest RIA in Arizona?
- By regulatory assets under management as filed on Form ADV, the largest SEC-registered RIA headquartered in Arizona is Osaic Wealth, Inc. in Scottsdale, at $234.9B. Regulatory AUM counts all assets a firm manages, so the largest filer in a state is often an asset manager rather than a wealth manager.
- How many Arizona RIAs manage more than $1 billion?
- 36 of the 209 SEC-registered RIAs headquartered in Arizona report regulatory assets under management of $1 billion or more. The median firm in the state reports $252.7M.
- Where does this data come from?
- From the SEC's monthly Form ADV data file for SEC-registered investment advisers (ia09012026-registered.zip, data as of Sep 1, 2026). Each figure is as the firm itself reported it on Form ADV Item 5; the SEC does not verify it. Every row links to the firm's record on the SEC's Investment Adviser Public Disclosure site.
Definitions and source
What each column means, in the SEC's words
- Regulatory assets under management Form ADV Item 5.F(2)(c)
- If yes, what is the amount of your regulatory assets under management and total number of accounts? Total, discretionary plus non-discretionary.
- Total accounts Form ADV Item 5.F(2)(f)
- Total number of accounts, discretionary plus non-discretionary.
- Employees Form ADV Item 5.A
- Approximately how many employees do you have? Include full- and part-time employees but do not include any clerical workers.
- Advisory employees Form ADV Item 5.B(1)
- Approximately how many of the employees reported in 5.A. perform investment advisory functions (including research)?
- Broker-dealer registered representatives Form ADV Item 5.B(2)
- Approximately how many of the employees reported in 5.A. are registered representatives of a broker-dealer?
- Individual and high-net-worth clients Form ADV Item 5.D(a), 5.D(b)
- Number of clients and amount of regulatory assets under management for individuals (other than high net worth individuals) and for high net worth individuals.
- Commissions Form ADV Item 5.E(5)
- You are compensated for your investment advisory services by (check all that apply): (5) Commissions.
- Private funds Form ADV Item 7.B
- Are you an adviser to any private fund?
Source: U.S. Securities and Exchange Commission, Form ADV data, Information About Registered Investment Advisers and Exempt Reporting Advisers, file ia09012026-registered.zip (data as of Sep 1, 2026), retrieved Sep 10, 2026. Figures are as self-reported by each firm on Form ADV Item 5; the SEC does not verify them. Neither the SEC nor the state securities authorities have approved the information filed on Form ADV, and we can not guarantee its accuracy.
Winthrop & Co. is compensated by firms when an advisor joins through us. The advisor never pays. Firms on this page are listed by arithmetic on the SEC's file, not by any relationship with us, and none is ranked, labelled or recommended.