CNBC charts Top 100 fee-only wealth managers of 2014

The CNBC Digital editorial team presents, for 2014, our inaugural list of the Top 100 Fee-Only Wealth Management Firms. Click here for the full firm financial and contact details.

Top100WMs 140501 PAVIA EC

Rank Firm Name Total AUM<br> ($ in millions) Years In <br>Business AUM<br>Annualized<br> 5 yr (%) Total<br>Rank
1<a href="http://www.thinkingbeyond.com/" target="_blank">Creative Planning</a>10005.3,31,58.5,8.3
2<a href="http://www.halberthargrove.com/" target="_blank">Halbert Hargrove</a>3974.6,26,29.7,8
3<a href="http://www.wescott.com" target="_blank">Wescott Financial Advisory Group</a>1820.1,27,13.3,7.8
4<a href="http://www.burtwealthadvisors.com" target="_blank">Burt Wealth Advisors</a>500.9,29,12.3,7.7
5<a href="http://www.ptview.com" target="_blank">Point View Wealth Management</a>179.4,21,21.4,7.7
6<a href="http://www.adamshall.com" target="_blank">Adams Hall Wealth Advisors</a>2107.8,18,19.8,7.6
7<a href="http://www.smfadvisors.com" target="_blank">SMF Financial Advisors</a>552.5,632.6,7.6
8<a href="http://www.silveroakwealth.com/silveroakwealth.aspx" target="_blank">Silveroak Wealth Management</a>489.7,13,23.8,7.6
9<a href="http://www.carldomino.com/home.php" target="_blank">Carl Domino</a>282.4,10,11.1,7.6
10<a href="http://www.regencyinvests.com/" target="_blank">Regency Investment Advisors</a>274,21,16.2,7.6
11<a href="http://www.signatureus.com" target="_blank">Signature</a>3133.1,20,9.4,7.5
12<a href="http://www.invernesscounsel.com" target="_blank">Inverness Counsel</a>2491.4,23,2.8,7.5
13<a href="http://www.fostergrp.com/" target="_blank">Foster Group</a>1456,23,15.5,7.5
14<a href="http://www.bloomassetmanagement.com/" target="_blank">Bloom Asset Management</a>1029.1,19,15,7.5
15<a href="http://www.lodestarpam.com/" target="_blank">Lodestar Private Asset Management </a>359.8,24,11.8,7.5
16<a href="http://carlsoncap.com/" target="_blank">Carlson Capital Management</a>1176.5,24,10.3,7.4
17<a href="http://www.cpalliance.com/" target="_blank">CPS Investment Advisors</a>754.8,25,17.2,7.4
18<a href="http://www.jt-am.com/#&amp;panel1-1" target="_blank">Jackson Thornton Asset Management</a>777.5,12,13.8,7.4
19<a href="http://jb2.net/" target="_blank">Jones Barclay Boston &amp; Co.</a>307.2,20,16.5,7.4
20<a href="http://www.financialdesignscorp.com/" target="_blank">Financial Designs Corporation</a>266.1,19,17,7.4
21<a href="http://www.sbhic.com/" target="_blank">Segall Bryant &amp; Hamill</a>9468.1,20,18.3,7.3
22<a href="http://www.bkd.com/wealth-advisors/" target="_blank">BKD Wealth Advisors</a>1975.7,15,12.1,7.3
23<a href="http://www.lowebrockenbrough.com/" target="_blank">LB&amp;C</a>2041,44,18.5,7.3
24<a href="http://www.waasset.com/" target="_blank">Warren Averett Asset Management</a>1729.5,13,35.5,7.3
25<a href="http://www.lbmc.com/" target="_blank">LBMC Investment Advisors</a>904.2,16,25.6,7.3
26<a href="http://www.durbinbennettpeterson.com/" target="_blank">Durbin Bennett Peterson Private Wealth Management</a>867.3,13,17,7.3
27<a href="http://www.cpacapital.com ">Capital Performance Advisors LLP</a>1006.6,14,14,7.3
28<a href="http://www.wbfinancial.com/" target="_blank">Windham Brannon Financial Group</a>861,14,19.4,7.3
29<a href="http://www.heritageinvestment.com/" target="_blank">Heritage Investment Group</a>816.3,13,12.2,7.3
30<a href="http://www.sandersonllc.com/" target="_blank">Sanderson Wealth Management</a>605,12,12.8,7.3
31<a href="http://www.lutzfinancial.com/" target="_blank">Lutz Financial</a>612,11,26.9,7.3
32<a href="http://www.pbmares.com/" target="_blank">PBMares Wealth Management </a>340,11,29.8,7.3
33<a href="http://www.krfinancialservices.com/" target="_blank">KR Financial Services</a>307,11,23.9,7.3
34<a href="http://www.kraftasset.com/" target="_blank">Kraft Asset Management</a>216.9,819.9,7.3
35<a href="http://www.bamservices.com/" target="_blank">Buckingham Asset Management</a>5601.4,731.9,7.2
36<a href="http://www.bdfllc.com/" target="_blank">Balasa Dinverno Foltz </a>2769.2,13,18.6,7.2
37<a href="http://www.stmmltd.com/" target="_blank">South Texas Money Management</a>2170.1,14,9.1,7.2
38<a href="http://www.signaturefd.com/" target="_blank">SignatureFD</a>2035.2,13,18.4,7.2
39<a href="http://www.waddellandassociates.com/waddell/web/me.get?web.home" target="_blank">Waddell &amp; Associates </a>771.5,28,18,7.2
40<a href="http://www.bh-co.com" target="_blank">Beaird Harris Wealth Management</a>656.7,18,21.4,7.2
41<a href="https://www.sandhill-im.com/restricted/get/index.html" target="_blank">Sandhill Investment Management</a>503.2,10,33.9,7.2
42<a href="http://www.dtinvestmentpartners.com/" target="_blank">DT Investment Partners</a>494.3,318.6,7.2
43<a href="https://www.schencksc.com/Services/Investment-Management/Investment-Management.aspx" target="_blank">Schenck Investment Solutions</a>481,12,19.8,7.2
44<a href="http://www.wagnercapital.net/" target="_blank">Wagner Bowman Management Corp</a>389.1,28,7.5,7.2
45<a href="http://www.ffss.net/new/ffss/" target="_blank">Fiduciary Financial Services Of The Southwest </a>377,24,10.7,7.2
46<a href="http://www.advisercpa.com" target="_blank">HBC Financial Services</a>193.5,921.3,7.2
47<a href="http://www.lowerythomas.com/" target="_blank">Lowery Thomas</a>143,14,12.6,7.2
48<a href="http://www.matterfamilyoffice.com/" target="_blank">Matter Family Office</a>2487.7,24,28.9,7.1
49<a href="http://www.empirical.net/" target="_blank">Empirical Wealth Management</a>808.3,340.6,7.1
50<a href="http://www.grandfield-dodd.com/" target="_blank">Grandfield &amp; Dodd</a>885.5,13,8.5,7.1
51<a href="http://www.wealthadvisors.com/" target="_blank">AKT Wealth Advisors</a>674.2,626.8,7.1
52<a href="http://www.prairieviewpartners.com/" target="_blank">PrairieView Partners</a>300.4,727.2,7.1
53<a href="http://www.klcinvest.com/" target="_blank">Kuntz Lesher Capital </a>297.7,821.2,7.1
54<a href="http://www.tellone.com/" target="_blank">Tellone Management Group </a>305.2,27,14.6,7.1
55<a href="http://www.mrwallc.com/" target="_blank">Mason Road Wealth Advisors</a>277.1,825.5,7.1
56<a href="http://www.pfgadvisor.com/new/pfgadvisor/" target="_blank">Pennington Financial Group</a>190.6,14,9.6,7.1
57<a href="http://www.mamportfolios.com/" target="_blank">McCarthy Asset Management</a>173,12,15.9,7.1
58<a href="http://www.gellerfamilyofficeservices.com/" target="_blank">Geller Family Office Services </a>2158.5,9-12.2,7.05
59<a href="http://www.jacobsencapital.com/new/jacobsencapital/" target="_blank">Jacobsen Capital Management</a>161.3,10,19.9,7.05
60<a href="http://www.ht-di.com" target="_blank">Disciplined Investments</a>159.5,10,44.1,7.05
61<a href="http://www.brightonjones.com/" target="_blank">Brighton Jones</a>2517,14,17.8,7
62<a href="https://www.fosterandmotley.com/" target="_blank">Foster &amp; Motley </a>913.2,18,14.3,7
63<a href="http://www.chdean.com/" target="_blank">Dean Investments</a>548.4,39,11.6,7
64<a href="http://sbcapitalmanagement.com/" target="_blank">SB Capital Management</a>499.5,11,11.2,7
65<a href="http://www.properanalysis.com/pages/index.asp?SPID=84590&amp;OrgID=2557" target="_blank">The Proper Analysis Corporation</a>328.3,22,11.6,7
66<a href="http://www.thorinvestment.com/" target="_blank">Thor Investment Management </a>324.3,22,13.9,7
67<a href="http://www.asset-strategies-inc.com/home" target="_blank">Asset Strategies</a>299.6,12,15.3,7
68<a href="http://www.whiteoakswealth.com/" target="_blank">White Oaks Wealth Advisors </a>429.9,18,19.5,7
69<a href="http://www.eastcoastasset.com/" target="_blank">East Coast Asset Management</a>377.4,657.5,7
70<a href="http://www.greerwalker.com/services/wealth-management" target="_blank">GreerWalker Wealth Management </a>327.2,12,10,7
71<a href="http://www.wmack.com/pages/wmackHome.aspx?spid=101026&amp;ptype=HOME" target="_blank">William Mack &amp; Associates </a>259.1,22-2.8,7
72<a href="http://www.whitenercapital.com/" target="_blank">Whitener Capital Management </a>151.5,27,11,7
73<a href="http://www.crowleywealthmanagement.com/new/crowleywealthmanagement/" target="_blank">Crowley Wealth Management</a>158.8,27,16.6,7
74<a href="http://pathstone.com/" target="_blank">Pathstone Family Office</a>1812.9,554.2,6.95
75<a href="http://www.raffawealth.com/Pages/default.aspx" target="_blank">Raffa Wealth Management </a>435.4,727.3,6.95
76<a href="http://www.kylefinancial.com/" target="_blank">Kyle Financial Services</a>187.2,12,14.8,6.95
77<a href="http://www.merceradvisors.com/" target="_blank">Mercer Global Advisors</a>5512.5,616.2,6.9
78<a href="http://www.smithhowardwealth.com/" target="_blank">Smith &amp; Howard Wealth Management</a>511.2,15,26.3,6.9
79Lehman Financial Resources418.5,88.6,6.9
80<a href="http://www.cranbrookwealth.com/" target="_blank">Cranbrook Wealth Management</a>438.4,816.5,6.9
81<a href="http://www.rockbridgeinvest.com/" target="_blank">Rockbridge Investment Management</a>336.8,13,20.9,6.9
82<a href="http://www.ggmwealthadvisors.com/" target="_blank">Grant/GrossMendelsohn</a>275.5,18,13.8,6.9
83<a href="http://www.alexanderrandolph.com/" target="_blank">Alexander Randolph Advisory </a>271.2,23,7.2,6.9
84<a href="http://www.comgrp.net/home" target="_blank">Commonwealth Advisory Group</a>258.2,13,13.4,6.9
85<a href="http://www.wcbarksdale.com/" target="_blank">Weaver C. Barksdale &amp; Associates</a>4055.6,30,6.2,6.85
86<a href="http://www.tfophoenix.com/" target="_blank">TFO Phoenix</a>1317.1,3105.3,6.85
87<a href="http://www.newwealthadvisors.net" target="_blank">New Wealth Advisors</a>275,848,6.85
88<a href="http://www.golubgroup.com/" target="_blank">The Golub Group</a>1014.6,11,14.3,6.8
89<a href="http://www.ghpia.com/" target="_blank">GHP Investment Advisors </a>821.7,19,18.1,6.8
90<a href="http://www.valicenti.com/pages/valicentigeneral.aspx?spid=88380&amp;ptype=HOME" target="_blank">Valicenti Advisory Services </a>376.7,31,96.8
91<a href="http://www.kamadvisors.com/" target="_blank">KEB Asset Management</a>336.2,10,20.9,6.8
92<a href="http://www.danielstansey.com/" target="_blank">Daniels + Tansey</a>263.3,10,9.4,6.8
93<a href="http://www.carterasset.com/" target="_blank">Carter Asset Management</a>218.4,13,20.1,6.8
94<a href="http://www.iapllc.com/new/investmentadvisoryprofessional/" target="_blank">Investment Advisory Professionals </a>177,15,13.3,6.8
95<a href="http://www.tricapitaladvisors.com/pages/triHome.aspx?spid=103809&amp;ptype=HOME" target="_blank">Tricapital Advisors </a>188.1,16,9.6,6.8
96<a href="http://www.pathwayadvisors.com/" target="_blank">Pathway Financial Advisors</a>210.3,913.5,6.8
97<a href="http://www.reddoorwealth.com/" target="_blank">Red Door Wealth Management</a>102.9,452,6.8
98<a href="http://www.landmarkfirm.com/" target="_blank">Landmark Wealth Management</a>98.3,928.5,6.8
99<a href="http://www.onyxfinancial.com/" target="_blank">Onyx Financial Advisors</a>92.2,926.3,6.8
100<a href="http://www.themosaicgroupllc.com/" target="_blank">The Mosaic Financial Group</a>441.4,14-5.8,6.75

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
  • Client segmentation
  • 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 (RCR) 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.