The 2018 Wealth Magnets

July 30, 2018, 1:05 p.m. EDT 1 Min Read

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For the 12th annual ranking of CPA firms by assets under management, Accounting Today received submissions from over 200 firms. Such a large number of firms means, among other things, wide diversity in practice structure and in the information submitted.

In most cases, firm names are those of the financial planning subsidiary, not the affiliated CPA firm.
Firms have reported either their overall chief executive, or the leader of the planning practice. For simplicity's sake, we have listed both under "chief executive," though many bear different titles. In cases where a leader was not identified, we identified the leader of the planning practice from public sources (usually the firm's website).
Many firms gave a date for the AUM figure they submitted; these varied widely, from the date of submission to a recent quarter-end, but in no case was it earlier than year-end 2017.
In cases where a planning firm is a subsidiary of a larger CPA firm, reporting practice varies: Some report staff and office figures for just the subsidiary, some just for the overall CPA firm, and some for both. In cases where we had a choice, we published figures from just the planning subsidiary. In addition, while most of the chief executives listed lead the planning practice, in some cases firms reported the managing partner of the larger CPA firm.

Notes:

† Data provided by Audit Analytics, a premium online intelligence service that delivers audit, regulator and disclosure analysis to
the accounting community. Reach them at (508) 476-7007, www.auditanalytics.com, or info@auditanalytics.com.

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The 2018 Wealth Magnets

The Billion-Plus Club
AUM	Firm	Location	Staff
$14,324,316,372	Plante Moran Financial Advisors	Southfield, Mich.	141
$8,326,000,000	RSM US Wealth Management	Minneapolis	118
$6,529,280,563	myCIO Wealth Partners	Philadelphia	41
$5,572,850,428	Savant Capital Management†	Rockford, Ill.	143
$4,928,541,864	Wipfli Financial Advisors	Milwaukee	81
$4,456,719,811	CliftonLarsonAllen Wealth Advisors	NA	122
$4,144,421,135	Sequoia Financial Advisors†	Akron, Ohio	66
$3,800,000,000	Rehmann	Troy, Mich.	828
$3,350,000,000	Level Four Advisory Services	Plano, Texas	110
$3,287,672,169	Forum Financial Management†	Lombard, Ill.	77
$3,176,340,781	HBKS Wealth Advisors	Erie, Pa.	76
$3,068,291,392	BKD Wealth Advisors	Springfield, Mo.	66
$3,061,000,000	SignatureFD	Atlanta	70
$3,022,224,000	Honkamp Krueger Financial Services Inc.	Dubuque, Iowa	85
$2,395,575,162	Warren Averett Asset Management†	Birmingham, Ala.	50
$2,349,540,305	SVA Plumb Wealth Management†	Madison, Wis.	63
$2,300,000,000	Provenance Wealth Advisors	Ft. Lauderdale, Fla.	40
$2,142,840,764	Moss Adams Wealth Advisors†	Seattle	46
$2,100,000,000	DHG Wealth Advisors	Asheville, N.C.	36
$1,952,600,000	Andersen Tax†	Mclean, Va.	758
$1,820,799,824	Wealth Management	Norfolk, Neb.	58
$1,695,151,071	Frontier Wealth Management†	Kansas City, Mo.	40
$1,415,863,883	BerganKDV Wealth Management	St. Cloud, Minn.	26
$1,379,804,000	Schneider Downs Wealth Mgmt. Advisors	Pittsburgh	18
$1,310,398,336	Citrin Cooperman Wealth Management†	New York City	3
$1,300,000,000	Thomas Wirig Doll	Walnut Creek, Calif.
$1,268,375,652	Trumbower Financial Advisors†	Bethesda, Md.	9
$1,254,110,716	GHP Investment Advisors Inc.†	Denver	16
$1,204,157,576	Aldrich Wealth	Lake Oswego, Ore.	26
$1,200,000,000	CCR Wealth Management	Westborough, Mass.	19
$1,155,091,385	CPS Investment Advisors†	Lakeland, Fla.	13
$1,150,000,000	LBMC Investment Advisors	Nashville, Tenn.	6
$1,055,000,000	SAX Wealth Advisors	Clifton, N.J.	14
$1,028,063,471	Beaird Harris	Dallas	56
$1,019,958,930	RubinBrown Advisors†	St. Louis	22
$1,002,172,371	RKL Wealth Management	Lancaster, Pa.	17

The $500-Million-Plus Club
AUM	Firm	Location	Staff
$987,690,000	Jackson Thornton Asset Management	Montgomery, Ala.	14
$962,700,000	BT Wealth Management	Atlanta	16
$925,000,000	ML&R Wealth Management	Austin, Texas
$881,269,480	Howard Financial Services†	Dallas	14
$864,565,789	Valley National Advisors Inc.†	Bethlehem, Pa.	10
$860,000,000	Aurum Wealth Management	Cleveland	15
$843,453,056	Sikich	Naperville, Ill.	16
$823,586,156	Schenck Investment Solutions†	Appleton, Wis.	9
$808,826,419	Frank, Rimerman Advisors†	Palo Alto, Calif.	3
$782,162,124	EisnerAmper Wealth Advisors†	New York City	5
$780,000,000	Corrigan Financial Inc.	Middletown, R.I.	25
$768,435,060	SPC Financial Inc.†	Rockville, Md.	24
$708,000,000	Allegiant Private Advisors	Sarasota, Fla.	13
$707,583,725	REDW Stanley Financial Advisors†	Albuquerque, N.M.	16
$696,477,094	Lutz Financial†	Omaha, Neb.	11
$695,368,000	Marcum Financial Services	Melville, N.Y.	12
$682,624,127	Smith Anglin Financial†	Dallas	14
$656,766,300	CFO4Life†	Coppell, Texas	14
$650,000,000	Boulay Financial Advisors	Eden Prairie, Minn.	17
$647,060,949	CRA Financial	Northfield, N.J.	11
$631,392,842	PYA Waltman Capital†	Knoxville, Tenn.	9
$588,642,011	Eide Bailly Advisors†	Fargo, N.D.	24
$574,243,153	Traphagen Investment Advisors	Oradell, N.J.	12
$573,999,298	BDO Wealth Advisors†	Jacksonville, Fla.	15
$566,000,000	Dopkins Wealth Management	Williamsville, N.Y.
$558,000,000	KEB Asset Management	Springfield, Ill.
$535,971,207	PBMares Wealth Management†	Williamsburg, Va.	12
$534,919,392	Smith & Howard Wealth Management†	Atlanta	9
$531,278,037	Whitley Penn Financial†	Fort Worth, Texas	6
$503,087,517	Rollins Financial Inc.	Atlanta	18

The $100-Million-Plus Club
AUM	Firm	Location	Staff
$496,000,000	Kemper Capital Management	Robinson, Ill.	17
$444,288,151	Aprio Wealth Management†	Atlanta	7
$430,426,400	GreerWalker Wealth Management†	Charlotte, N.C.	7
$426,650,545	Jack Oujo CPA Inc.	Wall, N.J.	11
$425,000,000	Nova Wealth Management Group	Atlanta
$422,661,567	Blue Ocean Capital†	West Palm Beach, Fla.	5
$413,290,792	Glass Jacobson Financial Group†	Owings Mills, Md.	12
$410,499,062	Traust Sollus Wealth Management†	Princeton, N.J.	25
$401,000,000	Tellone Financial	Anaheim Hills, Calif.	12
$400,056,464	SC&H Financial Advisors Inc.	Sparks, Md.	21
$385,485,886	KMH Wealth Management	Victoria, Texas	9
$378,640,000	Withum Wealth Management	Red Bank, N.J.	12
$375,423,661	BCS Wealth Management	Johnson City, Tenn.	9
$361,000,000	Arnett Carbis Toothman Wealth Advisors	Charleston, W.Va.
$353,000,000	Lauterbach Financial Advisors	El Paso, Texas
$352,613,172	Cherry Bekaert Wealth Management†	Richmond, Va.	13
$340,000,000	Kraft Asset Management	Nashville, Tenn.
$319,406,140	Kuhn Advisors Inc.†	Durham, N.C.	6
$319,000,000	Claris Advisors	St. Louis
$315,085,786	John F. Suby Wealth Management†	Madison, Wis.	6
$315,000,000	ShankerValleau Wealth Advisors Inc.	Skokie, Ill.	9
$305,000,000	Mark Sheptoff Financial Planning	Glastonbury, Conn.	2
$302,000,000	Andrews, Lucia Wealth Management	San Mateo, Calif.
$294,907,739	Bernath & Rosenberg	New York City	5
$280,000,000	JP Wealth Management Inc.	Massapequa, N.Y.	6
$277,448,537	Pivotal Planning Group	Jericho, N.Y.	12
$274,159,000	Kassouf Wealth Advisors†	Birmingham, Ala.	5
$266,000,000	SK Wealth Management	Providence, R.I.	6
$262,580,000	KLR Wealth Management	Providence, R.I.	6
$244,270,000	Geier Asset Management Inc.†	Marriottsville, Md.	8
$238,000,000	FMF & E Wealth Management	East Syracuse, N.Y.
$234,000,000	Horne Wealth Advisors	Ridgeland, Miss.
$232,482,549	Squar Milner Financial Services†	Newport Beach, Calif.	10
$227,251,247	LK Benson & Co.†	Towson, Md.	8
$223,000,000	Wealth Management Group	Dover, Del.
$213,603,000	Enright, Mollin, Cascio & Ramusevic Inc.†	Elmhurst, N.Y.	4
$210,741,000	Henry + Horne Wealth Management†	Scottsdale, Ariz.	4
$210,000,000	AAFCPAs Wealth Management	Westborough, Mass.	8
$207,000,000	Wasserman Wealth Management	Farmington Hills, Minn.
$204,605,841	Cassady Schiller Wealth Management†	Cincinnati, Ohio	6
$204,000,000	Dental Wealth Advisors	Kirkland, Wash.
$195,475,216	Burkett Financial Services†	Rock Hill, S.C.	6
$195,311,879	Mirsky Financial Management Corp.†	Rochester, N.Y.	9
$192,176,921	WebsterRogers Financial Advisors†	Florence, S.C.	8
$191,531,000	Mutual Fund Management Co.	Troy, Mich.	4
$188,000,000	Heartland Wealth Advisors	Overland Park, Kan.
$186,834,104	Keyes, Stange & Wooten Wealth Mgmt.†	Palm Coast, Fla.	7
$185,000,000	Mercadien Asset Management†	Hamilton, N.J.	4
$184,406,238	Dickinson Investment Advisors†	Council Bluffs, Iowa	3
$182,000,000	Siena Wealth Advisors	Grand Ledge, Mich.
$180,000,000	Blue Ocean Strategic Capital	Syracuse, N.Y.	7
$179,112,125	LGT Financial Advisors†	Dallas	6
$176,000,000	JDH Wealth Management	Santa Rosa, Calif.
$175,000,000	Squire Wealth Advisors	Orem, Utah
$162,000,000	Homan Wealth Advisors	Omaha, Neb.
$162,000,000	Walpole Financial Advisors	Goleta, Calif.
$148,000,000	Bland Garvey Wealth Advisors	Richardson, Texas
$147,000,000	JMF Capstone Wealth Management	Tuscaloosa, Ala.
$145,000,000	Waypoint Wealth Management	Timonium, Md.
$142,500,000	Carey & Hanna	Oxnard, Calif.	12
$142,000,000	Insero Wealth Strategies	Rochester, N.Y.
$140,000,000	PKS Investment Advisors	Salisbury, Md.
$135,000,000	M. White Financial Services	Baytown, Texas	2
$134,243,722	Asset Strategies Inc.†	Avon, Conn.	10
$134,000,000	Cornerstone Wealth Advisors	Overland Park, Kan.
$132,000,000	Shoreline Asset Management	New Castle, Ind.
$131,000,000	AVL WealthCare	Gulfport, Miss.
$131,000,000	Edward P. Gormley CPA CFP	Mechanicsburg, Pa.	4
$128,000,000	Pitzl Financial	Arden Hills, Minn.
$127,000,000	Millares Asset Management	Coral Gables, Fla.
$119,000,000	Taylor & Morgan Asset Management†	Flint, Mich.	6
$117,000,000	CTM Financial	Knoxville, Tenn.
$115,572,386	Allied Financial Partners	Rochester, N.Y.	30
$114,446,195	Alliant Wealth Advisors†	Prince William, Va.	2
$112,952,857	Saltmarsh Financial Advisors†	Pensacola, Fla.	4
$111,180,671	Mine & Arao Wealth Creation and Mgmt.†	Campbell, Calif.	3
$110,000,000	Green Wealth Management	Salem, Ore.
$106,292,426	MGO Wealth Advisors†	Newport Beach, Calif.	3
$103,000,000	Mason Road Wealth Advisors	St. Louis
$102,896,424	Mazars USA Wealth Advisors†	New York City	4
$100,000,000	CDS Financial Services	Willmar, Minn.	3

The Rising Stars
AUM	Firm	Location	Staff
$97,000,000	Vantage Point Advisors	Salt Lake City
$96,763,825	Gragg & Gragg†	Shelby, N.C.	7
$96,141,446	Hollingsworth Avent Averre & Purvis	Raleigh, N.C.	11