Third Ranking of CPAs by AUM

The idea for the ranking presented in the following pages began some two years ago when the editors of this publication decided to plow an area that had previously been left untouched. A survey was prepared and sent to a wide listing of CPA firms and the reaction was rather staggering. There were 89 responses.

Last year, the response topped 100 and this year it reached 132, with firms having in excess of $40 billion of assets under management. In fact, 10 firms have some $25 billion of this. This is the reason that we chose to break the firms down into sections.

The editors also delved beneath the surface of the rankings and looked at what affiliations each firm had, such as broker/dealers, wire-houses, financial services companies, and the like.

For inclusion in this survey, we had two criteria for consideration: they must be a CPA firm that has a financial planning practice, even as a subsidiary or affiliate, and the financial planner in the office must hold a CPA credential.

There are a few footnotes and explanations to these rankings you should keep in mind. First, the numbers listed are, in some respects, based on calendar-year figures, as reported by the firms, and others are on fiscal years. Then too, because of space limitations, we did not have room to list LLPs, LLCs, corporate designations, partnerships, and the like. To simplify, we just listed the basic name of the firm.

Moreover, some firms had controlling principals, CEOs, presidents, etc. Again, for simplification purposes, we used the term "managing partner." And finally, we did not have the room to include all the various licenses held by the different firms. There were just too many.

Based upon all the e-mails, telephone calls, and faxes we have received since the first ranking was published two years ago, we firmly believe the following information in our charts, graphs, and the like will shed some vital light on this ever-burgeoning field.

Below we list the firms; for a complete version of the report, view the PDF. 


myCIO Wealth Partners 

Plante Moran Financial Advisors 

RSM McGladrey Inc. 

Gilman Ciocia Inc. 

Wipfli Hewins/Hewins Financial Advisors

LarsonAllen Financial 

Savant Capital Management Inc. 

BKD Wealth Advisors 

CBIZ Inc./Mayer Hoffman McCann PC 

HBK Sorce Financial 

Baker Tilly Investment Advisors 


SignatureFD (formerly F&D Advisors) 

Honkamp Krueger Financial Services Inc. 

Berkowitz Dick Pollack & Brant 

Howard Financial Services Ltd. 

Clifton Gunderson Wealth Management 

Truepoint Inc. 

Capital Performance Advisors 

CCR Wealth Management 

Jackson Thornton Asset Management 

Schneider Downs Wealth Management Advisors 

Weaver Tidwell Wealth Management 

Mission Wealth Management 

Dopkins Wealth Management 

Dynasty Quest Inc. 

Anchin Wealth Management 

Tegra Financial Partners 

Sequoia Financial Group 

Warren, Averett, Kimbrough & Marino 

BHCO Capital Management Inc. 

Lassus Wherley 

ML&R Wealth Management 

Wealthquest Financial Services 

Boulay Financial Advisors 

Traphagen Investment Advisors 

Herbein Wealth Management 

 Rowling, Dold & Associates 

Kemper Capital Management 

KEB Asset Management 

WebsterRogers Investment Advisors 


Jack Oujo CPA Inc. 

Asset Strategies Inc. 

Orizon Group Inc.

Weiser Capital Management 

SMF Financial Advisors 

Lauterbach Financial Advisors 

A & F Financial Advisors 

Tarpley & Underwood Financial Advisors 

KLR Financial Advisors 

Mark Sheptoff Financial Planning 

KMH Wealth Management 

Nova Investment Group 

DB&B Financial Services 


Andrews, Lucia Wealth Management 

Witt Mares Financial Vision 

M. White Financial Services 

LCV Wealth Management Ltd. 

Shinn Financial Group 

Mason Road Wealth Advisors 

Kolb+Co Financial Advisers 


Fazio, Mannuzza, Roche, Tankel, LaPilusa 

Kraft Asset Management 

HD Financial Services 

FMF & E Wealth Management 

Wealth Management Group 


Trusted Financial Partners 

KB Investment Advisors 

RF&L Wealth Management 

Prospect Financial Services 

Great River Asset Management 

PKS Investment Advisors 

AMD Financial Services 

ARK Financial Services 

Whitcomb & Hess 

The Whitlock Co. 

BCS Financial 


JDH Wealth Management. 

Financial Resource Group 

Briggs Wealth Management 

Wilner & Scherr PA 

Ronald P. Austin CPA/PFS 

Wasserman Wealth Management 

Bishop & Co. PL 


Green Wealth Management 

Solutions for Wealth Management 

Peak Investment Solutions 

Shoreline Asset Management 

Capital Asset Management 

CSA Financial Advisors Ltd. 

Heartland Investment Advisors 

WIN Advisor Group Inc. 

Capstone Wealth Management 

Raymond James Financial Services 

BGEMD Capital Advisors 

Bullock Capital Alliance Inc. 

PBGH Financial Advisors Inc. 

Focus Asset Management Co. 

Cynthia L. Conger CPA PA 

D3 Financial Counselors 

Dexter Ward & Associates 

Scafa Financial Services 

Squire Investment Co. 

Williams Advisory Group 

Biscotti, Toback & Co. CPAs 

Cornerstone Wealth Advisors 

Krouse Kern Wealth Management Inc. 

TD & T Financial Group 

Salem Asset Management 

Thomas A. Geisler CFP 

Strategic Investment Advisors Ltd. 

DST Trusted Advisors 

Klane Wealth Management 

Hogan Capital Management Inc. 

Financial Advocates 

LGC&D Wealth Management 

MJ Baker & Associates 

William M. MacDonald CPA CFP 

Capital Wealthcare 

Dental Wealth Advisors 

Kuhl Financial Services 

Meridian Wealth Advisors 

Craun Freeman Tax & Wealth Management 

RHR Wealth Management 

Dynamic Wealth Strategies 

Fitzgerald Financial Partners 

Innovative Financial 

Portland Financial Advisors Inc. 

Rosenbaum Financial Services 


John R. Monaco CPA PC 

Stephenson Accountancy Corp. 

Thomas R. Hogle CPA 

Bovitz CPA PC 

Chambers Asset Management 

Accounting Management Advisors Inc. 

(c) 2009 Accounting Today and SourceMedia, Inc. All Rights Reserved.

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