The 52 best RIAs to work for

The Center for Financial Planning in Southfield, Michigan is No. 3 on Financial Planning's list of the best RIAs to work for.
Center for Financial Planning

In the world of wealth management, it seems like everyone wants to work at an RIA. 

In recent years, there's been a mass movement of financial advisors away from wirehouses and other brokerages and toward the registered investment advisor (RIA) model. Over the past six years, the number of RIA-only professionals has jumped by 51%, according to FINRA.

So an RIA must be a great place to work, right? It depends.

As in any other industry, one workplace under the "RIA" label can be vastly different from another. There are a plethora of factors to consider: work environment, benefits, leadership, communication, career mobility — or even something as simple as the location of the office.

But according to Jason Diamond, who recruits financial advisors for a living, the most important factor is also the hardest one to define.

"The number one thing that's going to come into play is culture," said Diamond, a vice president at the recruitment firm Diamond Consultants. "Usually when we talk to advisors about what would make one workplace more attractive than another, whether it's a wirehouse or an RIA, it's usually culture and economics."

READ MORE: How Wealthstream Advisors became the best RIA to work for

With such complex criteria, is it possible to rank RIA workplaces? Can something as amorphous as "culture" be quantified? The answer to both is yes, because we've done it. Working with our partner, the HR researcher Best Companies Group, Financial Planning has compiled a ranking of the nation's best RIAs to work for.

Who was eligible? We accepted applications from any RIA registered with the SEC — whether for-profit or nonprofit — that met three conditions: Each firm must have at least 10 employees in the United States, must have a facility within the country and must have been in business for at least one year.

How did we rank them? The same way we ranked the best workplaces in money management: Working with Best Companies, we surveyed financial professionals across the country about their firms' leadership, culture, pay and benefits, training, work environment, engagement, communications and other factors.

READ MORE: The 18 best places to work in money management

Separately, Best Companies evaluated each firm's workplace policies, practices, benefit programs, philosophy, systems and demographics. 

Finally, we combined our measurements from the survey and evaluation to calculate an overall score for each firm. After tallying up the scores from lowest to highest, we had our ranking. 

In the end, our research brought us to 52 outstanding RIAs where employees say it's a pleasure to come into work each day. Scroll through the cardshow below to see who made the list.

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Signature Estate and Investment Advisors

52. Signature Estate and Investment Advisors

Location: Los Angeles

CEO: Brian Holmes

Number of employees: 209

What employees are saying: "SEIA is not a traditional financial firm. Since 1997, we've fostered a collaborative, people-focused environment where employees work alongside owners and management to make a positive impact."

Unusual perk: Matching donations to children's charities
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SMART Wealth

51. SMART Wealth

Location: Omaha, Nebraska

CEO: David Brooks

Number of employees: 35

What employees are saying: "Employees thrive in a continuous learning environment, with ample career growth opportunities and a strong emphasis on promoting from within. The team is made up of passionate professionals who support each other's success, and leadership is dedicated to employee development."

Unusual perk: $200 for personal development
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Cerity Partners

50. Cerity Partners

Location: New York City

CEO: Kurt Miscinski

Number of employees: 1,050

What employees are saying: "The Cerity Partners culture is best and most succinctly described as ethically driven, expertise focused and entrepreneurially operated."

Unusual perk: Flexible PTO
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Prime Capital Investment Advisors

49. Prime Capital Financial

Location: Overland Park, Kansas

CEO: Glenn Spencer

Number of employees: 338

What employees are saying: "At Prime Capital Financial, our associates are valued and empowered through mentorship, leadership development and continuous education. We foster a culture of collaboration, open communication and professional growth, ensuring everyone can thrive in their roles."

Unusual perk: Monthly taco Tuesdays
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Rothschild Wealth Partners

48. Rothschild Wealth Partners

Location: Oak Brook, Illinois

CEO: Phil Johnson

Number of employees: 58

What employees are saying: "Rothschild Wealth Partners stands out as an exceptional place to work because of its dedication to fostering a collaborative, inclusive culture that supports employee growth and development."

Unusual perk: Reimbursement for gym memberships
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Condor Capital Wealth Management

47. Condor Capital Wealth Management

Location: Martinsville, New Jersey

CEO: Ken Schapiro

Number of employees: 26

What employees are saying: "What makes Condor Capital one of the best places to work is the belief that our employees are our most valuable resource. This means treating them with respect, providing them with opportunities for advancement and making sure we have some fun from time to time."

Unusual perk: After three years, employees are provided with a cell phone and are eligible for an upgrade every two years.
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OneDigital

46. OneDigital

Location: Alanta

CEO: Adam Bruckman

Number of employees: 3,990

What employees are saying: "We strive to be an organization where our people and all those we serve can do their best work and live their best lives. With a focus on development, diversity and well-being, we hire people who are among the best and brightest in the business. Our culture is about inclusion, collaboration, high performance and opportunity."

Unusual perk: We've Got Your Back Employee Fund for hardships
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Moisand Fitzgerald Tamayo

45. Moisand Fitzgerald Tamayo

Location: Orlando, Florida

CEO: Dan Moisand

Number of employees: 27

What employees are saying: "We work actively to assure our team has a great working environment, opportunities for personal and career growth, is well-trained, actively participates in improving their skills and expertise and is appropriately compensated for their excellence."

Unusual perk: Standing desks
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Homrich Berg

44. Homrich Berg

Location: Atlanta

CEO: Thomas Carroll

Number of employees: 207

What employees are saying: "We pride ourselves on providing an inclusive and collaborative culture, a healthy environment and plenty of growth and learning opportunities, all mixed in with lots of fun and laughter for our employees."

Unusual perk: Circus-themed operations fair
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JMG Financial Group

43. JMG Financial Group

Location: Downers Grove, Illinois

CEO: Anthony Cecchini

Number of employees: 102

What employees are saying: "We believe in cultivating a strong, close-knit culture, where employees value the relationships they build, often spending more time with colleagues than with family. To enhance this sense of community, we host numerous fun activities and company events throughout the year, ensuring that work is not just about the job, but about enjoying the journey together."

Unusual perk: Professional baseball and hockey games where family members of employees are also invited
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Moneta Group

42. Moneta Group

Location: St. Louis

CEO: Eric Kittner

Number of employees: 525

What employees are saying: "Moneta knows that the best client care happens when we take great care of our employees. As the saying goes, 'You can't pour from an empty cup.' … Every choice, from the firm's benefits packages to employee engagement events, and even the technology we use, is made with this premise in mind."

Unusual perk: Free food, including chili cook-offs, food trucks and fish bowl lunches
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Provenance Wealth Advisors

41. Provenance Wealth Advisors

Location: Fort Lauderdale, Florida

CEO: Eric Zeitlin

Number of employees: 50

What employees are saying: "With a focus on service and a big-picture approach, this fast-growing firm helps entrepreneurs, business owners and high net worth families protect their assets and preserve their legacies across generations."

Unusual perk: Pool table, Ping-Pong and arcade games in the office
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Steward Partners

40. Steward Partners

Location: New York City

CEO: James Gold

Number of employees: 496

What employees are saying: "Every employee at Steward Partners is granted equity ownership, as every member of the firm is valued as an equal. The onboarding process is also equipped with welcoming each employee with immediate partnership, allowing ease and comfort when transitioning to a new position."

Unusual perk: Equity ownership
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Legacy Wealth Management

39. Legacy Wealth Management

Location: Memphis, Tennessee

CEO: Duncan Miller

Number of employees: 21

What employees are saying: "Seventeen of our 21 employees are owners. … We believe our clients receive superior service from owners. Our 401(k) plan is invested exactly like clients' portfolios, reinforcing our alignment of client interests."

Unusual perk: Every Friday, work stops at 3:30 p.m.
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Tiras Wealth Management

38. Tiras Wealth Management

Location: Houston

CEO: Scott Tiras

Number of employees: 25

What employees are saying: "At Tiras Wealth Management, we prioritize employee well-being by offering an array of unique benefits and perks all year round. ... We promote teamwork through weekly rewards and encourage recognition with Personal Time Off certificates."

Unusual perk: Monthly chair massages
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Halbert Hargrove

37. Halbert Hargrove

Location: Long Beach, California

CEO: JC Abusaid

Number of employees: 41

What employees are saying: "We believe that our employees are our greatest asset. We prioritize their well-being and professional development, ensuring they have the resources and support they need to thrive."

Unusual perk: Child care allowance for parents, up to $600/month
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Burton Enright Welch

36. Burton Enright Welch

Location: Walnut Creek, California

CEO: Jeremy Welch

Number of employees: 17

What employees are saying: "Burton Enright Welch has a culture built on fostering learning and improvement. Employees are not only encouraged but empowered to bring new ideas to the table, whether it's ideas to improve the efficiency, culture or service we provide to our clients."

Unusual perk: Unlimited PTO
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RFG Advisory

35. RFG Advisory

Location: Vestavia Hills, Alabama

CEO: Shannon Spotswood

Number of employees: 102

What employees are saying: "At RFG Advisory, team members gain more than just a job — they experience a culture designed for personal and professional growth. We empower our employees to take ownership of their roles, fostering an environment where radical candor, continuous learning and collaboration drive success."

Unusual perk: Special lunches for new team members
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Armstrong, Fleming & Moore

34. Armstrong, Fleming & Moore

Location: Washington, D.C.

CEO: Ryan Fleming

Number of employees: 21

What employees are saying: "We believe that when our team members feel valued and supported, they do their best work and contribute to our shared success. Our flexible work arrangements, paid time off policies, benefits and focus on employee well-being demonstrate our commitment to supporting our team members both professionally and personally."

Unusual perk: Lunch-and-learn meetings hosted by an employee on a non-work-related topic
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Rather & Kittrell

33. Rather & Kittrell

Location: Knoxville, Tennessee

CEO: Lytle A. Rather IV

Number of employees: 28

What employees are saying: "At RK our contributions are valued, and our commitment to doing what's best for our clients is recognized and celebrated. With access to ongoing training and a wealth of resources, RK is a place where we can truly advance our career while making a meaningful impact in the lives of our clients."

Unusual perk: Donuts, sweets and food truck lunch gatherings
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Mission Wealth

32. Mission Wealth

Location: Santa Barbara, California

CEO: Matthew Adams

Number of employees: 124

What employees are saying: "For over 20 years, we have been focused on building a strong culture reflective of our dedication to client service and to the growth and development of our team members. As a 100% employee-owned firm, we are dedicated to building a firm of permanence that will serve our clientele for many decades to come and that will also ensure our team members tremendous career advancement opportunities."

Unusual perk: One month of paid sabbatical leave after 10 years at the firm
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Cyndeo Wealth Partners

31. Cyndeo Wealth Partners

Location: St. Petersburg, Florida

CEO: Matt Kilgroe

Number of employees: 25

What employees are saying: "Our team is dedicated to fostering a supportive and collaborative environment where employees are encouraged to grow both personally and professionally. We foster growth by providing ongoing opportunities for training and development."

Unusual perk: Discounted event tickets
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SYM Financial Advisors

30. SYM Financial Advisors

Location: Winona Lake, Indiana

CEO: Jerald Yeager

Number of employees: 74

What employees are saying: "SYM Financial Advisors strives to adhere to our core values of service, integrity, teamwork and results. … SYM is also committed to providing our employees with a great work experience — mixing in the right amount of hard work and fun to produce an excellent work-life balance."

Unusual perk: VTO (volunteer time off): 16 paid hours to volunteer in the community
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West Financial Services

29. West Financial Services

Location: McLean, Virginia

CEO: Brian Mackin

Number of employees: 37

What employees are saying: "Employees have flexibility in work hours and dress code, continuing education and fun team activities. WFS strives for a culture of balance, fun and a source of pride in not only our service to clients and the community, but also to each other as we work together."

Unusual perk: Wedding and baby showers for employees
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Sanderson Wealth Management

28. Sanderson Wealth Management

Location: Buffalo, New York

CEO: Justin Sanderson

Number of employees: 19

What employees are saying: "At Sanderson Wealth Management, we pride ourselves not only on the services we provide to our client, but the support and resources we offer to our own employees. Sanderson believes our compensation, benefit packages, culture and family environment cannot be beat and are what drives each of our employees to succeed in servicing our clients."

Unusual perk: Happy hours to celebrate employee promotions, certifications and other accomplishments
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Certified Financial Group

27. Certified Financial Group

Location: Altamonte Springs, Florida

CEO: Joe Bert

Number of employees: 29

What employees are saying: "Certified Financial Group is one of the oldest and largest independent financial planning firms in Central Florida, with roots dating back to 1976. Our 16 Certified Financial Planner professionals, working as fiduciaries, serve clients in the areas of investment management and retirement planning."

Unusual perk: Standing desks, Teeter table for back pain, high-end espresso machine named "Brewster"
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Petersen Hastings Wealth Advisors

26. Petersen Hastings Wealth Advisors

Location: Kennewick, Washington

CEO: Scott Sarbar

Number of employees: 27

What employees are saying: "The firm emphasizes professional development through continuous learning opportunities, mentorship and certifications. Employees enjoy a collaborative environment where teamwork and innovation are encouraged."

Unusual perk: Summer Fridays
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Moran Wealth Management

25. Moran Wealth Management

Location: Naples, Florida

CEO: Thomas Moran

Number of employees: 45

What employees are saying: "The firm offers a robust range of employee benefits, ensuring the health and well-being of its staff. These benefits include monthly PTO for medical appointments, a dedicated mental health day and 24/7 access to Teladoc services. Additionally, employees are encouraged to engage in their communities through annual volunteer hours, while regular team-building activities strengthen the sense of camaraderie."

Unusual perk: Themed dress-up Fridays

24. Morton Wealth

Location: Calabasas, California

CEO: Jeff Sarti

Number of employees: 56

What employees are saying: "We have a tight-knit team and everyone is very supportive of one another. Our team Zoom chat is very active every day with people sending photos of cool activities they've done over the weekend, photos from trips, wishing each other happy birthday and shouting each other out."

Unusual perk: Every employee gets $250 per year to donate to charity
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Amplius Wealth Advisors

23. Amplius Wealth Advisors

Location: Blue Bell, Pennsylvania

CEO: Matthew Liebman

Number of employees: 12

What employees are saying: "All opinions and ideas are always welcome at Amplius. Matt, Aaron and Patrick [CEO, CSO and president, respectively] always have an 'open door' and encourage our thoughts and ideas, which helps our firm grow and evolve."

Unusual perk: Employees can work from home and dictate their own schedules.
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Accredited Investors Wealth Management

22. Accredited Investors Wealth Management

Location: Edina, Minnesota

CEO: Brian Martin and Becky Krieger

Number of employees: 60

What employees are saying: "We believe in leaning in to support improving the lives of our colleagues in the same way we ask each other to lean in to passionately support improving the lives of our clients and community. We provide competitive pay and a commitment to supporting work/life harmony by offering ways for our team to rest and reenergize."

Unusual perk: Up to 20 weeks of paid parental leave
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MONECO Advisors

21. MONECO Advisors

Location: Fairfield, Connecticut

CEO: Charlie Rocco

Number of employees: 61

What employees are saying: "Working at MONECO means working with the prioritized values of open communication, leadership, teamwork, empathy, engagement in the business across all team members, shared integrity and a focus on conscious growth." 

Unusual perk: Pop-up gatherings and happy hours
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Concurrent Investment Advisors

20. Concurrent Investment Advisors

Location: Tampa, Florida

CEO: Nate Lenz

Number of employees: 46

What employees are saying: "Our mantra, 'Our people are our product,' is central to everything we do. We invest deeply in the growth and success of our employees, fostering an environment where colleagues become friends and family."

Unusual perk: Mentorship and access to executive team
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JFS Wealth Advisors

19. JFS Wealth Advisors

Location: Hermitage, Pennsylvania

CEO: Robert Jazwinski

Number of employees: 91

What employees are saying: "We invest in developing our current and future leaders by providing a Path to Partnership for those who are interested. We also invest in the growth and development of our team members and stress the importance of being a life-long learner while supporting additional education by providing education expense reimbursements."

Unusual perk: JFS Cares, an annual employee-run charity campaign
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SFMG Wealth Advisors

18. SFMG Wealth Advisors

Location: Plano, Texas

CEO: Kevin Margolis

Number of employees: 38

What employees are saying: "SFMG highlights its fun-loving atmosphere, top-tier benefits, business development incentives and commitment to employee growth and success as the basis for the firm's accomplishments."

Unusual perk: Medical, dental and vision coverage are 100% paid for
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The Planning Center

17. The Planning Center

Location: Moline, Illinois

CEO: Eric Kies

Number of employees: 28

What employees are saying: "Not only do we provide a safe place to our clients, we also provide a safe place for our employees. Our employees consider us a best place to work because of the culture we cultivate and the work they get to be a part of each day that makes a difference in the lives of their colleagues and our clients."

Unusual perk: Fully paid six- to12-week family leave program
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Tobias Financial Advisors

16. Tobias Financial Advisors

Location: Plantation, Florida

CEO: Marianela Collado 

Number of employees: 21

What employees are saying: "We are committed to employee development, offering training programs, workshops and certifications to continuously enhance skills and foster career advancement. We also prioritize work-life balance with flexible schedules and telecommuting options, allowing our employees to manage their professional and personal lives effectively."

Unusual perk: No-Shave November raises funds for cancer patients and survivors.
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Adams Wealth Management

15. Adams Wealth Management

Location: Logan, Utah

CEO: Craig Adams

Number of employees: 25

What employees are saying: "We believe a fun and relaxed environment is key to employee satisfaction. Our office is a place to unwind and enjoy colleagues' company through activities like pool tournaments, Fantasy Football leagues, Olympics watch parties, March Madness events and other competitions with prizes sponsored by the firm."

Unusual perk: Unlimited PTO and flexible work hours
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Private Vista

14. Private Vista

Location: Oak Brook, Illinois

CEO: Jim Weil

Number of employees: 35

What employees are saying: "Although we are a relatively small to midsize firm, we give the same benefits and perks that typically only larger firms give. Over half of our employees have over 15 years with our firm, with some in the 25-year range. That alone speaks volumes about how well our employees are treated."

Unusual perk: Summer hours: five-hour Fridays with flexible start times
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Greenspring Advisors

13. Greenspring Advisors

Location: Towson, Maryland

CEO: J. Patrick Collins Jr.

Number of employees: 42

What employees are saying: "We believe that the pinnacle of excellent client service begins with a supportive and collaborative work environment. Through our competitive benefits, support of personal professional development and workplace committees centered on the employee experience, we offer our employees a Best Place to Work."

Unusual perk: Annual Greenspring Grant Committee, where employees award grants totaling $100,000
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Burney Wealth Management

12. Burney Wealth Management

Location: Reston, Virginia

CEO: Lowell Pratt

Number of employees: 19

What employees are saying: "We believe our people are our most important asset. We show appreciation to our employees through generous pay and benefits, including 99% paid health insurance and a 15% automatic retirement contribution." 

Unusual perk: Company trips, including five days at a resort in Mexico
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ProVise Management Group

11. ProVise Management Group

Location: Clearwater, Florida

CEO: Eric Ebbert

Number of employees: 29

What employees are saying: "We provide our employees with flexible work scheduling, including time off for volunteering in the community and a full week of remote work each month. While our employees work diligently for our clients, we also emphasize the importance of having fun and reward team members with tickets to sporting events and concerts, as well as monthly celebrations for birthdays and work anniversaries."

Unusual perk: Dance party Fridays
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Simon Quick Advisors

10. Simon Quick Advisors

Location: Morristown, New Jersey

CEO: Christopher Moore

Number of employees: 80

What employees are saying: "Our culture is a key component of our ability to attract and retain talent. Simon Quick has a workplace environment that is fast paced yet rewarding. We provide opportunities for growth through a keen focus on professional development and the ability to take on new challenges."

Unusual perk: Overnight retreat for all employees to celebrate 20th anniversary
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Keener Financial Planning

9. Keener Financial Planning

Location: Keller, Texas

CEO: Jean Keener

Number of employees: 13

What employees are saying: "When someone is going through something, the team shows up to help in any way possible. We offer open vacation. We also offer the ability to work remotely three days per week and the flexibility to go to doctor's appointments, etc. during the week. One of our core values is work-life balance and we really try to honor that!"

Unusual perk: Incentive trips, including cruises with families
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Diversified

8. Diversified

Location: Wilmington, Delaware

CEO: Michael Fisher

Number of employees: 44

What employees are saying: "With our clients, happiness is one of our focuses for their financial goals and it's also what we focus on with our employees. We encourage employees to maintain a positive work-life balance and give employees the flexibility to ensure that they can experience that balance. Employees receive every other Friday off, have unlimited PTO and participate in recognition programs such as shout-outs."

Unusual perk: Every other Friday off
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Integrated Partners

7. Integrated Partners

Location: Waltham, Massachusetts

CEO: Paul Saganey

Number of employees: 55

What employees are saying: "Integrated supports advisors by offering a completely customizable open architecture business environment: technology, investment management, advanced planning, CPA partner program, family office platform, custody, marketing, public relations, M&A, succession planning and comprehensive business counsel."

Unusual perk: Regional employee retreats
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Level Financial Advisors

6. Level Financial Advisors

Location: East Amherst, New York

CEO: Michael Heburn

Number of employees: 13

What employees are saying: "You really feel like they are watching out for you. We work together so everyone succeeds. Level communicates well so employees know the overall future plans and goals and how they fit in. … It's a caring, fun, professional environment to grow in."

Unusual perk: Quarterly bonuses
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Beaird Harris Wealth Management

5. Beaird Harris Wealth Management

Location: Dallas

CEO: Pat Beaird

Number of employees: 21

What employees are saying: "The level of collaboration and empowerment at Beaird Harris creates an environment where people desire to spend their entire career — and many have! The firm's culture is synonymous with its deep-rooted values centered around servant leadership and integrity. It's a culture of trust and service excellence in which our entire team takes tremendous pride."

Unusual perk: Free access to Beaird Harris tax, accounting or wealth management services
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Hemington Wealth Management

4. Hemington Wealth Management

Location: Falls Church, Virginia

CEO: Eileen O'Connor

Number of employees: 17

What employees are saying: "We inspire each other to dig deeper, think bigger and ask better questions than anyone else in our industry. We create an environment where the unique excellence of each team member is unleashed to make the most impact for our clients."

Unusual perk: Complimentary investment management
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Center for Financial Planning

3. Center for Financial Planning

Location: Southfield, Michigan

CEO: Timothy Wyman

Number of employees: 31

What employees are saying: "Our job is serious, but we make having fun a top priority too! We look forward to events like curling, Top Golf, chili cook-offs, happy hours, volunteer days, book clubs, wellness competitions and pub trivia."

Unusual perk: All-expenses-paid vacation for team 
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McLean Asset Management

2. McLean Asset Management

Location: Tysons, Virginia

CEO: Paula Friedman

Number of employees: 26

What employees are saying: "Knowing that happy employees lead to happy clients, we've created a firm where people can thrive. Flexibility is at the heart of our culture, allowing employees to work remotely most of the time. To nurture meaningful collaboration, we host monthly in-person office days with lunch provided by the firm, allowing our team to connect beyond the screen."

Unusual perk: Primarily remote work
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Wealthstream Advisors

1. Wealthstream Advisors

Location: New York City

CEO: Michael Goodman

Number of employees: 22

What employees are saying: "Wealthstream Advisors is a multigenerational wealth management firm that focuses on its core values as an organization to allow clients and employees to live their best lives. The philosophy begins with the team. If the team is happy they will do a great job keeping clients happy, allowing everyone to live their best lives."

Unusual perk: Mentorship programs for all employees
Correction
Condor Capital Wealth Management has 26 employees. Its employee count was incorrect in an earlier version of this story.
December 12, 2024 12:51 PM EST
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