CNBC charts the top 100 fee-only wealth managers of 2015

#1 Fee-only wealth firm
#1 Fee-only wealth firm   

The CNBC editorial team presents our second annual list of the top 100 wealth management firms (fee only). Click here for the full financial and contact details of the top firms for 2015.

Top 100 Fee-Only Wealth Management Firms

Rank
Firm Name
Total AUM
($ in millions)
Years In
Business
AUM
Annualized
5 yr (%)
Total
Score
1 Creative Planning 14550.7 32 191 8.3
2 Carlson Capital Management 1225.7 25 47 8.3
3 CPS Investment Advisors 915.9 26 60 8.3
4 Jackson Thornton Asset Management 821.3 13 50 8.3
5 BKD Wealth Advisors 2546.6 16 51 8.3
6 SB Capital Management 527.0 12 47 8.3
7 Adams Hall Wealth Advisors 2289.5 19 63 8.2
8 AKT Wealth Advisors 787.9 7 58 8.1
9 GHP Investment Advisors 905.5 20 50 8.1
10 Droms Strauss Wealth Management 334.7 17 58 8.1
11 Semmax Financial Advisors 567.3 7 8,122 8.1
12 Daniels + Tansey 279.4 11 54 8.1
13 Buckingham Asset Management 6631.4 8 71 8.1
14 SMF Financial Advisors 573.8 7 122 8.1
15 Halbert Hargrove 4108.3 27 135 8
16 Dean Investments 574.9 40 44 8
17 Wescott Financial Advisory Group 2078.7 28 63 7.9
18 Nuance Investments 1071.1 7 609 7.9
19 Raffa Wealth Management 566.6 8 145 7.9
20 Rollins Financial 274.6 25 94 7.9
21 Convergence Investment Partners 553.6 7 249 7.9
22 Crowley Wealth Management 189.7 28 76 7.9
23 Jones Barclay Boston & Co. 336.9 21 45 7.9
24 LB&C 2463.1 45 53 7.9
25 DT Investment Partners 598.5 4 72 7.9
26 SVA Plumb Wealth Management 1954.6 4 93 7.9
27 Alexander Randolph Advisory 286.0 24 13 7.8
28 CJM Wealth Advisers 555.4 36 45 7.8
29 Waddell & Associates 820.4 29 47 7.8
30 Bloom Asset Management 1069.2 20 46 7.8
31 Beaird Harris Wealth Management 736.2 19 85 7.8
32 ARS Wealth Advisors 408.8 12 75 7.8
33 Balasa Dinverno Foltz 3208.1 14 60 7.8
34 TrueWealth Management 1001.3 15 54 7.8
35 Confluence Wealth Management 565.1 16 73 7.8
36 Berson & Corrado Investment Advisors 383.5 16 40 7.8
37 Column Capital Advisors 580.9 10 48 7.8
38 Schenck Investment Solutions 578.6 13 46 7.8
39 Smith & Howard Wealth Management 555.1 16 53 7.8
40 Sandhill Investment Management 598.3 11 55 7.8
41 Lutz Financial 695.3 12 55 7.8
42 Heritage Investment Group 883.1 22 41 7.8
43 The Milestone Group 1764.0 19 32 7.8
44 Investment Management Group 2692.1 13 32 7.7
45 FSG Investment Management 654.6 10 58 7.7
46 Kraft Asset Management 238.2 9 46 7.7
47 Warren Averett Asset Management 1838.0 14 45 7.7
48 Foster Group 1500.3 24 33 7.7
49 Valicenti Advisory Services 389.6 32 21 7.7
50 Private Asset Management 853.6 23 40 7.7
51 Beaumont Financial Partners 2883.1 15 82 7.7
52 Durbin Bennett Private Wealth Management 918.4 14 40 7.7
53 Portfolio Solutions 1410.4 16 47 7.7
54 Burt Wealth Advisors 522.8 30 40 7.7
55 Point View Wealth Management 210.6 22 81 7.7
56 South Texas Money Management 2595.7 15 43 7.7
57 Lauterbach Financial Advisors 243.7 10 55 7.6
58 Dixon Hughes Goodman Wealth Advisors 1180.1 15 25 7.6
59 Wealthstream Advisors 339.1 11 59 7.6
60 Solutions For Wealth Management 178.1 10 96 7.6
61 SignatureFD 2239.7 14 83 7.6
62 AlphaMark Advisors 321.8 15 18 7.6
63 Sanderson Wealth Management 626.5 13 42 7.6
64 Hutchinson Capital Management 586.7 20 23 7.6
65 Financial Designs Corporation 304.3 20 54 7.6
66 Wealth Management 760.0 9 193 7.6
67 Whitnell & Co. 1239.8 25 22 7.6
68 Regency Investment Advisors 301.1 22 62 7.6
69 Cahill Financial Advisors 397.8 32 87 7.6
70 SRS Capital Advisors 335.8 9 209 7.6
71 Wagner Bowman Management Corp. 467.3 29 63 7.6
72 Starfire Investment Advisers 350.5 23 55 7.6
73 Kuntz Lesher Capital 356.6 9 88 7.6
74 Woodstock Corporation 699.5 47 33 7.6
75 American Realty Advisors 865.3 25 50 7.55
76 United American Capital Corp. 4238.5 24 50 7.55
77 McGill Advisors 1097.2 14 67 7.5
78 GreerWalker Wealth Management 338.3 13 44 7.5
79 Capital Performance Advisors 1088.5 15 40 7.5
80 McKinley Carter Wealth Services 811.2 10 57 7.5
81 Lodestar Private Asset Management 369.4 25 25 7.5
82 Howard Financial Services 807.8 21 11 7.5
83 Matter Family Office 2758.9 25 31 7.5
84 Inverness Counsel 2611.1 24 33 7.5
85 William Mack & Associates 276.4 23 31 7.5
86 Southeast Asset Advisors 1932.0 23 31 7.5
87 Signature 3331.6 21 33 7.5
88 Sigma Investment Management Co. 513.9 23 7 7.4
89 Linwood Investment Advisors 183.5 20 87 7.4
90 REDW Stanley Financial Advisors 546.5 15 25 7.4
91 Cranbrook Wealth Management 466.5 9 45 7.4
92 Treybourne Wealth Planners 168.4 10 46 7.4
93 Garde Capital 541.1 6 125 7.4
94 Freedom Advisory 101.1 7 65 7.4
95 East Coast Asset Management 417.0 7 81 7.4
96 Pathway Financial Advisors 262.0 10 93 7.4
97 DiGiovine Hnilo Jordan & Johnson Financial Advisors 184.5 23 69 7.4
98 ShankerValleau Wealth Advisors 229.1 22 118 7.4
99 Talis Advisory Services 172.5 8 41 7.4
100 Carter Asset Management 234.3 14 49 7.4
CNBC/Meridian-IQ/AdviceIQ

Methodology

The CNBC Digital editorial team, along with Meridian-IQ, created the following ranking methodology for its Top 100 Fee-Only Wealth Management Firms rankings. Scores for each measure listed below were weighted according to a proprietary formula to arrive at a final total rank:

  • Assets under management.
  • Having staff with professional designations, such as a CFP or CFA.
  • Working with third-party professionals, such as attorneys or CPAs.
  • Average account size.
  • Growth of assets.
  • Years in business.
  • Number of advisory clients.
  • Providing advice on insurance solutions.

Firms with greater AUM totals were given a higher ranking in the case of numerical ties of the above formula. The Meridian/AdviceIQ team then applied the formula to the Meridian-IQ database of all RIAs to create the list. The final step to create the Top 100 Fee-Only Wealth Management Firms list for CNBC.com was to apply the AdviceIQ Regulatory Compliance Review process to the master list and eliminate any firm that failed the RCR process.

The RCR process is a due-diligence process whereby each advisory firm was compared with the RCR database of all regulatory actions from all four primary regulators: SEC, FINRA, state regulators and state insurance commissioners. In order to pass the RCR process, an advisory firm cannot have any complaints, actions or disclosures from any of the above regulators.