Wells Fargo
$242B reported client assets across 221 advisory firms in FY2019 annual amendments
Reported client assets over time
$186B
$226B
2017
2019
Same-firm comparison: 178 firms that reported Wells Fargo in both FY2018 and FY2019 annual amendments (ADV Item 5.K.(3)). Fiscal years come directly from the SEC filing-type table; filing dates are not used as a year-end proxy. 2017 is shown but partial — only FY2017: 132 cohort firms.
| Advisory firm | RAUM at custodian | Firm total AUM | Share | As of |
|---|---|---|---|---|
| Wells Fargo Advisors Financial Network, Llc | $49.2B | $65.3B | 75.3% | 03/27/2020 |
| Galliard Capital Management, Llc | $42.2B | $90.7B | 46.5% | 03/30/2020 |
| Allspring Global Investments, Llc | $32.1B | $394B | 8.1% | 03/30/2020 |
| Asset Allocation & Management Company, Llc | $10.7B | $28.0B | 38.3% | 03/31/2020 |
| Empower Advisory Group, Llc | $7.1B | $48.5B | 14.7% | 03/30/2020 |
| Highland Associates Inc | $5.3B | $29.4B | 18.0% | 03/31/2020 |
| Government Portfolio Advisors Llc | $4.4B | $12.8B | 34.2% | 03/13/2020 |
| Chandler Asset Management Inc | $4.3B | $19.6B | 22.1% | 03/09/2020 |
| Nepc, Llc | $3.4B | $29.5B | 11.5% | 03/31/2020 |
| Gamco Asset Management Inc. | $3.4B | $13.5B | 25.1% | 03/26/2020 |
| Keystate Advisory, Llc | $3.4B | $7.5B | 44.9% | 03/20/2020 |
| Capital International, Inc. | $3.3B | $46.8B | 7.1% | 09/27/2019 |
| Usi Advisors, Inc. | $2.9B | $23.4B | 12.4% | 02/26/2020 |
| Prospera Financial Services, Inc. | $2.7B | $2.8B | 97.5% | 09/30/2019 |
| Bowen, Hanes & Co Inc | $2.2B | $3.0B | 73.4% | 03/27/2020 |
| Belle Haven Investments, L.P. | $2.1B | $11.0B | 19.4% | 03/30/2020 |
| Sanctuary Advisors, Llc | $2.1B | $4.3B | 47.8% | 03/31/2020 |
| Berkshire Asset Management, Llc | $1.6B | $1.7B | 96.3% | 03/30/2020 |
| Rbc Global Asset Management (U.S.) Inc. | $1.6B | $40.0B | 4.0% | 01/29/2020 |
| Great Lakes Advisors, Llc | $1.6B | $7.4B | 21.1% | 03/26/2020 |
| Eig Management Company, Llc | $1.5B | $23.2B | 6.7% | 03/30/2020 |
| Confluence Investment Management Llc | $1.5B | $7.0B | 21.9% | 03/09/2020 |
| Cary Street Partners Investment Advisory Llc | $1.5B | $1.9B | 77.4% | 03/27/2020 |
| Nations Financial Group, Inc. | $1.4B | $1.5B | 91.6% | 03/30/2020 |
| Public Trust Advisors, Llc | $1.4B | $42.3B | 3.3% | 03/26/2020 |
| Wells Fargo Investment Institute, Inc. | $1.3B | $6.3B | 20.8% | 03/30/2020 |
| Madison Investment Advisors, Llc | $1.2B | $12.3B | 10.1% | 03/24/2020 |
| Regan Capital, Llc | $1.1B | $1.4B | 82.0% | 03/30/2020 |
| The Palisades Group, Llc | $1.1B | $1.1B | 100.0% | 03/30/2020 |
| Greenhaven Associates Inc | $1.0B | $6.7B | 15.1% | 01/06/2020 |
| Reinhart Partners, Llc | $991M | $5.7B | 17.5% | 03/20/2020 |
| Romano Brothers And Company | $970M | $988M | 98.2% | 02/27/2020 |
| Blackrock Capital Management, Inc. | $956M | $79.3B | 1.2% | 03/26/2020 |
| Empower Capital Management, Llc | $955M | $45.0B | 2.1% | 03/30/2020 |
| Equity Investment Corporation | $921M | $2.2B | 41.0% | 03/27/2020 |
| Prophet Capital Asset Management Lp | $904M | $2.7B | 33.7% | 03/27/2020 |
| Winthrop Capital Management, Llc | $900M | $1.3B | 70.2% | 04/01/2020 |
| Shepherd Kaplan Krochuk, Llc | $892M | $6.8B | 13.2% | 03/30/2020 |
| Shepherd Kaplan Llc | $892M | $6.5B | 13.8% | 03/30/2020 |
| Chartwell Investment Partners, Llc | $881M | $9.7B | 9.1% | 03/26/2020 |
| Beacon Pointe Advisors, Llc | $836M | $6.7B | 12.4% | 03/30/2020 |
| Wellington Shields Capital Management, Llc | $818M | $981M | 83.4% | 03/25/2020 |
| Zacks Investment Management, Inc. | $794M | $5.0B | 16.0% | 05/29/2019 |
| Hudson Americas L.P. | $786M | $41.6B | 1.9% | 03/30/2020 |
| Oxbow Advisors, Llc | $735M | $1.6B | 45.5% | 03/25/2020 |
| Linden Thomas Advisory Services, Llc | $676M | $845M | 80.0% | 03/30/2020 |
| N | $667M | $5.7B | 11.7% | 04/01/2020 |
| Knighthead Capital Management, Llc | $645M | $5.8B | 11.0% | 03/13/2020 |
| Msd Partners, L.P. | $639M | $6.5B | 9.9% | 03/30/2020 |
| Sigfig Wealth Management Llc | $637M | $835M | 76.3% | 03/19/2020 |
| Cooperative Funeral Fund Inc | $606M | $606M | 100.0% | 03/05/2020 |
| Pacific Income Advisers Inc | $582M | $7.1B | 8.2% | 03/26/2020 |
| N | $561M | $645M | 87.0% | 04/23/2020 |
| Realta Investment Advisors, Inc | $552M | $566M | 97.5% | 03/30/2020 |
| Xml Financial, Llc | $526M | $1.1B | 48.2% | 05/03/2020 |
| Mattern Capital Management, Llc | $506M | $506M | 100.0% | 03/12/2020 |
| Absher Wealth Management, Llc | $492M | $492M | 100.0% | 03/20/2020 |
| Marsico Capital Management, Llc | $487M | $3.1B | 15.8% | 03/25/2020 |
| Octagon Credit Investors, Llc | $466M | $25.9B | 1.8% | 03/17/2020 |
| N | $455M | $1.4B | 31.9% | 01/23/2020 |
| Summit Financial Wealth Advisors, Llc | $452M | $1.0B | 45.1% | 03/06/2020 |
| Well Done, Llc | $450M | $1.4B | 31.1% | 02/29/2020 |
| Pinnacle Investments, Llc | $439M | $526M | 83.5% | 03/24/2020 |
| Claremont Capital Management, Llc | $432M | $479M | 90.1% | 03/25/2020 |
| Cary Street Partners Asset Management Llc | $431M | $484M | 89.0% | 03/27/2020 |
| Miller Howard Investments Inc | $428M | $4.2B | 10.3% | 03/25/2020 |
| Waterfront Wealth Inc. | $420M | $420M | 100.0% | 03/30/2020 |
| Mcguire Investment Group, Llc | $411M | $411M | 100.0% | 03/19/2020 |
| Centennial Securities Company Inc | $411M | $732M | 56.2% | 03/26/2020 |
| Hardman Johnston Global Advisors Llc | $408M | $6.8B | 6.0% | 03/18/2020 |
| Antares Capital Advisers Llc | $380M | $14.8B | 2.6% | 03/27/2020 |
| Allspring Funds Management, Llc | $375M | $234B | 0.2% | 03/30/2020 |
| Wealth Advisory Solutions, Llc | $372M | $651M | 57.1% | 03/28/2020 |
| Acr Alpine Capital Research, Llc | $369M | $3.7B | 10.0% | 03/30/2020 |
| Trubee Wealth Advisors, Inc. | $359M | $359M | 100.0% | 04/30/2020 |
| Brighton Securities Corp. | $355M | $496M | 71.5% | 03/18/2020 |
| Abner Herrman & Brock, Llc | $351M | $2.0B | 17.6% | 02/13/2020 |
| Mesa West Capital, Llc | $348M | $7.3B | 4.8% | 03/27/2020 |
| Crossmark Global Investments, Inc. | $347M | $4.8B | 7.3% | 06/14/2019 |
| The Advisory Group Of San Francisco, Llc | $341M | $946M | 36.1% | 03/11/2020 |
| Retirement Fund Management, Llc | $338M | $629M | 53.8% | 03/24/2020 |
| Brown | Miller Wealth Management, Llc | $336M | $336M | 99.9% | 03/30/2020 |
| Beacon Harbor Wealth Advisors, Inc. | $319M | $319M | 100.0% | 03/17/2020 |
| Mattern Wealth Management Llc | $299M | $299M | 100.0% | 03/30/2020 |
| Cordatus Wealth Management Llc | $289M | $289M | 100.0% | 03/18/2020 |
| Wellington Shields & Co., Llc | $282M | $308M | 91.5% | 03/25/2020 |
| Global Wealth Management, Llc | $279M | $605M | 46.1% | 03/31/2020 |
| Ag Asset Advisory, Llc | $270M | $294M | 91.8% | 03/09/2020 |
| Oak Asset Management, Llc | $266M | $266M | 100.0% | 03/26/2020 |
| Rsw Investments Holdings, Llc | $259M | $2.3B | 11.1% | 03/06/2020 |
| Hodges Capital Management Inc | $249M | $976M | 25.5% | 10/30/2019 |
| Disciplina Capital Management, Llc | $239M | $364M | 65.7% | 02/24/2020 |
| Woodward Diversified Capital, Llc | $224M | $224M | 100.0% | 03/30/2020 |
| Sit Investment Associates, Inc | $215M | $3.6B | 6.0% | 03/27/2020 |
| Land & Buildings Investment Management, Llc | $213M | $772M | 27.6% | 03/27/2020 |
| Salem Investment Counselors Inc | $200M | $1.6B | 12.2% | 03/20/2020 |
| Sheets Smith Wealth Management | $200M | $796M | 25.1% | 03/24/2020 |
| Hennion & Walsh Asset Management, Inc. | $198M | $269M | 73.6% | 03/27/2020 |
| Minneapolis Portfolio Management Group, Llc | $197M | $1.1B | 17.2% | 03/25/2020 |
| Ccm Partners, Lp | $194M | $1.9B | 10.2% | 03/27/2020 |
From Form ADV Schedule D 5.K.(3): custodians named at the 10%-of-SMA-assets threshold, with reported dollar amounts. "Share" is reported amount as a share of the firm's total regulatory AUM.