Top RIAs in Virginia
Every SEC-registered RIA with a main office in Virginia, by regulatory AUM, from Form ADV
301 RIAs registered with the SEC are headquartered in Virginia, the 14th most of any state, managing $584.5B in regulatory assets as of Sep 1, 2026. The largest by regulatory AUM is Vest Financial LLC in Mclean at $51.8B. 83 firms report $1 billion or more.
301
SEC-registered RIAs
$584.5B
Regulatory AUM
83
Firms at $1B and above
$409.7M
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 Virginia, 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 301 firms, by regulatory AUM as filed.
| # | Firm | City | Regulatory AUM | Advisory staff | Accounts | Individual + HNW clients | Retail share | Filed |
|---|---|---|---|---|---|---|---|---|
| 1 | Vest Financial LLCCRD 165976 | Mclean | $51.8B | 12 | 154 | n.d. | 0% | Jun 2026 |
| 2 | Sands Capital Management, LLCCRD 137610 | Arlington | $44.3B | 66 | 274 | 92 | 1% | Jul 2026 |
| 3 | Investure, LLCCRD 130099 | Charlottesville | $38.5B | 13 | 58 | n.d. | 4% | Aug 2026 |
| 4 | Strategic Investment Management, LLCCRD 104862 | Arlington | $35.5B | 42 | 87 | n.d. | 1% | Mar 2026 |
| 5 | Cornerstone PartnersCRD 311296 | Charlottesville | $29.3B | 16 | 22 | n.d. | 0% | Mar 2026 |
| 6 | Davenport & Company LLCCRD 1588 | Richmond | $24.7B | 228 | 24,315 | 16,855 | 72% | Jul 2026 |
| 7 | Thompson Siegel & Walmsley LLCCRD 105726 | Richmond | $21.1B | 31 | 4,481 | 216 | 6% | Apr 2026 |
| 8 | Mason Investment Advisory Services IncCRD 111113 | Reston | $15.7B | 32 | 1,147 | 1,063 | 44% | Mar 2026 |
| 9 | The London Company of VirginiaCRD 106654 | Richmond | $14.9B | 15 | 6,122 | 5,562 | 28% | Mar 2026 |
| 10 | Columbia CapitalCRD 159616 | Alexandria | $13.8B | 25 | 31 | n.d. | 0% | Aug 2026 |
| 11 | Akre Capital Management, LLCCRD 109242 | Middleburg | $11.8B | 3 | 218 | 194 | 2% | Jun 2026 |
| 12 | Cary Street PartnersCRD 128545 | Richmond | $10.3B | 85 | 16,731 | 6,641 | 87% | Mar 2026 |
| 13 | Agincourt Capital Management, LLCCRD 112096 | Richmond | $10.0B | 12 | 414 | 15 | 1% | Mar 2026 |
| 14 | Brown AdvisoryCRD 106375 | Norfolk | $7.6B | 16 | 1,606 | 172 | 73% | Mar 2026 |
| 15 | Homestead Advisers Corp.CRD 109845 | Arlington | $7.5B | 15 | 19 | n.d. | 0% | Jun 2026 |
| 16 | Cassaday & Company, Inc.CRD 317672 | Mclean | $7.1B | 32 | 3,267 | 3,142 | 98% | Mar 2026 |
| 17 | Foxhaven Asset Management, LPCRD 168872 | Charlottesville | $6.5B | 6 | 5 | 0 | 0% | Mar 2026 |
| 18 | Spider Management Company, LLCCRD 149343 | Richmond | $6.4B | 10 | 2 | n.d. | 0% | Sep 2025 |
| 19 | AndersenCRD 124205 | Mclean | $6.3B | 50 | 579 | 550 | 59% | Mar 2026 |
| 20 | EJF Capital LPCRD 138854 | Arlington | $6.1B | 19 | 44 | 100 | 1% | Apr 2026 |
| 21 | Richmond Capital Management IncCRD 104636 | Richmond | $5.9B | 10 | 166 | 25 | 2% | Mar 2026 |
| 22 | BrockenbroughCRD 105142 | Richmond | $5.5B | 15 | 568 | 482 | 42% | May 2026 |
| 23 | Sands Capital Alternatives, LLCCRD 155517 | Arlington | $5.4B | 66 | 37 | 0 | 0% | Jul 2026 |
| 24 | Heritage Wealth AdvisorsCRD 137484 | Richmond | $4.9B | 18 | 1,616 | 384 | 55% | Jul 2026 |
| 25 | The Ascent Group, LLCCRD 314424 | Virginia Beach | $4.8B | 19 | 8,449 | 4,177 | 74% | Mar 2026 |
| 26 | Washington Harbour Partners LPCRD 309915 | Arlington | $4.7B | 8 | 76 | n.d. | 0% | Jul 2026 |
| 27 | Spire Wealth Management, LLCCRD 113908 | Mclean | $4.5B | 76 | 15,272 | 6,151 | 96% | Jun 2026 |
| 28 | Gladstone Management CorporationCRD 122482 | Mclean | $4.4B | 40 | 5 | 0 | 0% | Apr 2026 |
| 29 | Wealthcare Capital Management LLCCRD 111119 | Richmond | $3.9B | 35 | 13,598 | 5,638 | 95% | May 2026 |
| 30 | Harbor Group International, LLCCRD 285895 | Norfolk | $3.8B | 46 | 96 | n.d. | 0% | Apr 2026 |
| 31 | 57 Stars LLCCRD 135202 | Arlington | $3.7B | 18 | 15 | 0 | 0% | Mar 2026 |
| 32 | The Burney CompanyCRD 106945 | Reston | $3.6B | 42 | 4,528 | 1,880 | 84% | Mar 2026 |
| 33 | Quad-C Management, Inc.CRD 161395 | Charlottesville | $3.5B | 25 | 2 | n.d. | 0% | Mar 2026 |
| 34 | 1607 Capital Partners, LLCCRD 144758 | Richmond | $3.5B | 7 | 22 | n.d. | 1% | Mar 2026 |
| 35 | Bogart Wealth, LLCCRD 283886 | Mclean | $3.2B | 29 | 6,635 | 1,442 | 100% | Aug 2026 |
| 36 | West Financial Services, Inc.CRD 137497 | Mclean | $2.8B | 22 | 2,766 | 940 | 94% | Aug 2026 |
| 37 | Rembert Pendleton JacksonCRD 306510 | Vienna | $2.7B | 15 | 5,377 | 1,434 | 96% | Aug 2026 |
| 38 | Quinn Opportunity PartnersCRD 167470 | Charlottesville | $2.6B | 1 | 7 | n.d. | 0% | Apr 2026 |
| 39 | Motley Fool Asset ManagementCRD 149688 | Alexandria | $2.6B | 12 | 6 | 0 | 0% | Jul 2026 |
| 40 | Glassman Wealth Services, LLCCRD 151478 | Vienna | $2.6B | 13 | 3,038 | 359 | 96% | Aug 2026 |
| 41 | Oxford Finance Advisors, LLCCRD 304433 | Alexandria | $2.4B | 80 | 4 | n.d. | 0% | Aug 2026 |
| 42 | Riverfront Investment Group, LLCCRD 146221 | Richmond | $2.2B | 12 | 1,534 | 1,185 | 48% | Jul 2026 |
| 43 | Capitol Securities Management, Inc.CRD 14169 | Glen Allen | $2.2B | 126 | 3,970 | 3,177 | 64% | Mar 2026 |
| 44 | Navy Federal Investment Services, LLCCRD 138459 | Vienna | $2.1B | 147 | 8,783 | 7,424 | 100% | May 2026 |
| 45 | Kanawha Capital Management, LLCCRD 118458 | Richmond | $1.8B | 4 | 1,484 | 560 | 96% | Aug 2026 |
| 46 | Azzad Asset Management, Inc.CRD 111291 | Falls Church | $1.8B | 12 | 18,098 | 1,494 | 67% | Jan 2026 |
| 47 | GEF Capital PartnersCRD 293329 | Arlington | $1.8B | 38 | 26 | 0 | 0% | Mar 2026 |
| 48 | Financial Security Advisory IncCRD 110746 | Virginia Beach | $1.7B | 43 | 3,141 | 2,810 | 94% | Mar 2026 |
| 49 | Wellington Consulting Services IncCRD 105837 | Chantilly | $1.7B | 9 | 9,324 | 9,324 | 100% | Jul 2026 |
| 50 | Quantitative Investment Management, LLCCRD 156869 | Charlottesville | $1.7B | 6 | 2 | 0 | 0% | Mar 2026 |
02 · By city
Where in Virginia the firms sit
Main-office city as filed. Up to the twenty-five cities with the most firms.
- Richmond55 · $138.8B
- Mclean34 · $94.9B
- Charlottesville27 · $91.4B
- Arlington24 · $116.4B
- Alexandria19 · $27.0B
- Virginia Beach19 · $11.8B
- Reston13 · $24.1B
- Vienna11 · $11.8B
- Fairfax9 · $2.8B
- Lynchburg8 · $2.3B
- Glen Allen7 · $4.6B
- Ashburn5 · $1.5B
- Norfolk5 · $12.2B
- Roanoke5 · $1.1B
- Williamsburg5 · $2.2B
- Tysons4 · $1.5B
- Falls Church3 · $3.4B
- Harrisonburg3 · $1.7B
- Herndon3 · $2.3B
- Leesburg3 · $3.0B
- Middleburg3 · $13.8B
- Midlothian3 · $929.1M
- Abingdon2 · $1.7B
- Chantilly2 · $1.8B
- Chesapeake2 · $490.6M
03 · Questions
Questions people ask about RIAs in Virginia
- How many RIAs are in Virginia?
- 301 RIAs registered with the SEC list a main office in Virginia 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 Virginia?
- By regulatory assets under management as filed on Form ADV, the largest SEC-registered RIA headquartered in Virginia is Vest Financial LLC in Mclean, at $51.8B. 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 Virginia RIAs manage more than $1 billion?
- 83 of the 301 SEC-registered RIAs headquartered in Virginia report regulatory assets under management of $1 billion or more. The median firm in the state reports $409.7M.
- 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.