Top RIAs in West Virginia
Every SEC-registered RIA with a main office in West Virginia, by regulatory AUM, from Form ADV
12 RIAs registered with the SEC are headquartered in West Virginia, the 49th most of any state, managing $8.8B in regulatory assets as of Sep 1, 2026. The largest by regulatory AUM is McKinley Carter Wealth Services, Inc. in Wheeling at $2.3B. 3 firms report $1 billion or more.
Data as of Sep 1, 2026, file ia09012026-registered.zip. Retrieved Sep 10, 2026.
01 · The firms
Every SEC-registered RIA in West 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 12 firms, by regulatory AUM as filed.
| # | Firm | City | Regulatory AUM | Advisory staff | Accounts | Individual + HNW clients | Retail share | Filed |
|---|---|---|---|---|---|---|---|---|
| 1 | McKinley Carter Wealth Services, Inc.CRD 135184 | Wheeling | $2.3B | 27 | 3,994 | 1,231 | 95% | Mar 2026 |
| 2 | Security Capital ManagementCRD 396 | Wheeling | $1.4B | 14 | 2,399 | 2,357 | 96% | Mar 2026 |
| 3 | NTV Asset Management, LLCCRD 111062 | Charleston | $1.2B | 5 | 1,013 | 338 | 86% | Mar 2026 |
| 4 | Commonwealth Financial ServicesCRD 324930 | Vienna | $994.7M | 13 | 5,003 | 2,216 | 98% | Aug 2026 |
| 5 | Wesbanco Investment DepartmentCRD 111907 | Wheeling | $892.6M | 13 | 6 | n.d. | 0% | Mar 2026 |
| 6 | Hoxton Planning & Management, LLCCRD 319087 | Shepherdstown | $591.5M | 4 | 1,377 | 373 | 99% | Mar 2026 |
| 7 | United Brokerage Services IncCRD 39062 | Parkersburg | $372.3M | 55 | 1,390 | 1,368 | 93% | Apr 2026 |
| 8 | Fort Henry Capital, LLCCRD 168695 | Wheeling | $278.5M | 2 | 476 | 466 | 93% | Feb 2026 |
| 9 | Vandalia WealthCRD 340089 | Charleston | $249.6M | 15 | 469 | 469 | 100% | Jul 2026 |
| 10 | Ironwood Wealth Management, Inc.CRD 128699 | Hurricane | $233.1M | 3 | 676 | 276 | 99% | Mar 2026 |
| 11 | Huffman & Ross Wealth Management LLCCRD 334674 | Morgantown | $210.0M | 2 | 655 | 408 | 98% | Jun 2026 |
| 12 | Steeloaks Investment Advisers, Inc.CRD 108197 | Weirton | $131.0M | 2 | 288 | 269 | 45% | Mar 2026 |
02 · By city
Where in West Virginia the firms sit
Main-office city as filed. Up to the twenty-five cities with the most firms.
- Wheeling4 · $4.9B
- Charleston2 · $1.4B
- Hurricane1 · $233.1M
- Morgantown1 · $210.0M
- Parkersburg1 · $372.3M
- Shepherdstown1 · $591.5M
- Vienna1 · $994.7M
- Weirton1 · $131.0M
03 · Questions
Questions people ask about RIAs in West Virginia
- How many RIAs are in West Virginia?
- 12 RIAs registered with the SEC list a main office in West 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 West Virginia?
- By regulatory assets under management as filed on Form ADV, the largest SEC-registered RIA headquartered in West Virginia is McKinley Carter Wealth Services, Inc. in Wheeling, at $2.3B. 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 West Virginia RIAs manage more than $1 billion?
- 3 of the 12 SEC-registered RIAs headquartered in West Virginia report regulatory assets under management of $1 billion or more. The median firm in the state reports $481.9M.
- 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.