Who Are the Industry's Top Custodians?
February 10, 2013 12:17 PM
Top Custodians
As an increasing number of fee-based advisors leave wirehouses to go independent, some custodians are experiencing some of the strongest growth in the financial industry.
Here are the top custodians of 2012, based on RIA Assets in Custody.
Here are the top custodians of 2012, based on RIA Assets in Custody.
11. Ceros Financial Services
Location: Rockville, Md.
Top Executive: Catherine Ayers-Rigsby, CEO
Top Executive , RIA Sales: Brian Humphrey, managing director, sales
RIA Assets in Custody ($B): $4.5
RIA Clients: N/A
Average AUM ($M): N/A
Advisor Trust Assets: N/A
Top Executive: Catherine Ayers-Rigsby, CEO
Top Executive , RIA Sales: Brian Humphrey, managing director, sales
RIA Assets in Custody ($B): $4.5
RIA Clients: N/A
Average AUM ($M): N/A
Advisor Trust Assets: N/A
10. Raymond James Investment Advisors Division
Location: St. Petersburg, Fla.
Top Executive: Bill Van Law, president
Top Executive , RIA Sales: Mike DiGirolamo, SVP/ managing director
RIA Assets in Custody ($B): $7.2
RIA Clients: Relationship with 91 firms (approx. 275 advisors)
Average AUM ($M): $79
Advisor Trust Assets: N/A
Top Executive: Bill Van Law, president
Top Executive , RIA Sales: Mike DiGirolamo, SVP/ managing director
RIA Assets in Custody ($B): $7.2
RIA Clients: Relationship with 91 firms (approx. 275 advisors)
Average AUM ($M): $79
Advisor Trust Assets: N/A
9. National Advisors Trust
Location: Overland Park, Kan.
Top Executive: Kevin Hobbs, SVP of operations
Top Executive , RIA Sales: Cindy Ralls, VP of marketing and advisor relations
RIA Assets in Custody ($B): $7.66
RIA Clients: 140
Average AUM ($M): $55
Advisor Trust Assets: $566M
Top Executive: Kevin Hobbs, SVP of operations
Top Executive , RIA Sales: Cindy Ralls, VP of marketing and advisor relations
RIA Assets in Custody ($B): $7.66
RIA Clients: 140
Average AUM ($M): $55
Advisor Trust Assets: $566M
8. RBC Correspondent and Advisor Services
Location: Minneapolis
Top Executive: Catie Tobin, head of correspondent and advisor services
Top Executive , RIA Sales: Craig Gordon, director of advisor services
RIA Assets in Custody ($B): $10.4
RIA Clients: 90
Average AUM ($M): N/A
Advisor Trust Assets: N/A
Top Executive: Catie Tobin, head of correspondent and advisor services
Top Executive , RIA Sales: Craig Gordon, director of advisor services
RIA Assets in Custody ($B): $10.4
RIA Clients: 90
Average AUM ($M): N/A
Advisor Trust Assets: N/A
7. Trust Company of America
Location: Centennial, Colo.
Top Executive: David Barry, CEO
Top Executive , RIA Sales: Josh Pace, SVP, business development
RIA Assets in Custody ($B): $10.5
RIA Clients: 133
Average AUM ($M): N/A
Advisor Trust Assets: N/A
Top Executive: David Barry, CEO
Top Executive , RIA Sales: Josh Pace, SVP, business development
RIA Assets in Custody ($B): $10.5
RIA Clients: 133
Average AUM ($M): N/A
Advisor Trust Assets: N/A
6. SEIPrivate Trust Company
Location: Oaks, Pa.
Top Executive: Wayne Withrow, EVP
Top Executive , RIA Sales: Stephen Onofrio, managing director
RIA Assets in Custody ($B): $32.45
RIA Clients: 5,250
Average AUM ($M): $8
Advisor Trust Assets: $6.2B
Top Executive: Wayne Withrow, EVP
Top Executive , RIA Sales: Stephen Onofrio, managing director
RIA Assets in Custody ($B): $32.45
RIA Clients: 5,250
Average AUM ($M): $8
Advisor Trust Assets: $6.2B
5. LPL Financial
Location: Boston; Charlotte, N.C.; San Diego
Top Executive: Derek Bruton, managing director
Top Executive , RIA Sales: Matthew Enyedi, SVP
RIA Assets in Custody ($B): $35.4
RIA Clients: 180
Average AUM ($M): $196
Advisor Trust Assets: N/A
Top Executive: Derek Bruton, managing director
Top Executive , RIA Sales: Matthew Enyedi, SVP
RIA Assets in Custody ($B): $35.4
RIA Clients: 180
Average AUM ($M): $196
Advisor Trust Assets: N/A
4. Pershing Advisor Solutions
Location: Jersey City, N.J.
Top Executive: Mark Tibergien, CEO
Top Executive , RIA Sales: Tom Valverde, director of business development and relationship management
RIA Assets in Custody ($B): $106.4
RIA Clients: 533
Average AUM ($M): N/A
Advisor Trust Assets: N/A
Top Executive: Mark Tibergien, CEO
Top Executive , RIA Sales: Tom Valverde, director of business development and relationship management
RIA Assets in Custody ($B): $106.4
RIA Clients: 533
Average AUM ($M): N/A
Advisor Trust Assets: N/A
3. TD Ameritrade Institutional
Location: Omaha, Neb.
Top Executive: Tom Nally, president
Top Executive , RIA Sales: Peter Dorsey, managing director of sales
RIA Assets in Custody ($B): $165
RIA Clients: 4,500
Average AUM ($M): N/A
Advisor Trust Assets: N/A
Top Executive: Tom Nally, president
Top Executive , RIA Sales: Peter Dorsey, managing director of sales
RIA Assets in Custody ($B): $165
RIA Clients: 4,500
Average AUM ($M): N/A
Advisor Trust Assets: N/A
2. Fidelity Institutional Wealth Services
Location: Boston
Top Executive: Michael Durbin, president
Top Executive , RIA Sales: Bob Oros, EVP
RIA Assets in Custody ($B): $586.3
RIA Clients: 3,300
Average AUM ($M): N/A
Advisor Trust Assets: N/A
Top Executive: Michael Durbin, president
Top Executive , RIA Sales: Bob Oros, EVP
RIA Assets in Custody ($B): $586.3
RIA Clients: 3,300
Average AUM ($M): N/A
Advisor Trust Assets: N/A
1. Schwab Advisor Services
Location: San Francisco
Top Executive: Bernie Clark, EVP
Top Executive , RIA Sales: Jon Beatty, SVP sales and relationship mgmt.
RIA Assets in Custody ($B): $762
RIA Clients: Nearly 7,000
Average AUM ($M): N/A
Advisor Trust Assets: N/A
Top Executive: Bernie Clark, EVP
Top Executive , RIA Sales: Jon Beatty, SVP sales and relationship mgmt.
RIA Assets in Custody ($B): $762
RIA Clients: Nearly 7,000
Average AUM ($M): N/A
Advisor Trust Assets: N/A
