Tim Dolan, Vice President, Institutional Sales

Written by
Tim Dolan, Vice President, Institutional Sales

Database of RIAs: Top 10 RIAs in the Phila Metro Area

One of the biggest problems when selling to the RIA (Registered Investment Adviser) marketplace is the sheer size of the channel. The RIA marketplace across the United States consists of over 36,000 firms, which means that while there are plenty to choose from when looking for new clients, shrinking the list down to only those that allocate to outside managers is key. For example, here at Dakota, where we’ve raised over $6 billion from over 350 RIAs, and we qualify and curate our list to only RIAs that allocate to outside managers (which are the firms we sell for).


In an effort to help narrow down the sheer size of the market, we’ve put together a list of the top 10 RIAs in each major metro area across the country. To determine our list, we looked for three things:

  1. 1. An AUM above $200 million
  2. 2. A dedicated analyst team
  3. 3. An RIA that actively allocates capital to outside investment management firms

We have qualified 64 RIAs with AUMs ranging from $19.8B to $19M in Philadelphia that meet our criteria. We actively call on these RIAs, and all 64 are in our “shared CRM database,” Dakota Marketplace. Below are the top 10 RIAs from that list. However, this is by no means a “best of” list, as there are so many high quality RIAs in Philadelphia and around the country. We just wanted to give you a place to start.  

 

  1. 1. Hirtle Callaghan & Co.

AUM: $19,806,006,898

http://www.hirtlecallaghan.com/   

 

  1. 2. myCIO Wealth Partners

AUM: $8,853,338,205

http://www.myciowp.com/     

 

  1. 3. Mill Creek Capital Advisors, LLC

AUM: $5,797,892,123

http://www.millcreekcap.com/    

 

  1. 4. Pitcairn Trust Company

AUM: $5,500,000,000

http://www.pitcairn.com/    

 

  1. 5. Zeke Capital Advisors

AUM: $5,497,838,527

http://www.zekecapital.com/     

 

  1. 6. Forbes Family Trust

AUM: $4,000,000,000

https://www.forbesfamilytrust.com/  

 

  1. 7. Drexel Morgan Capital Advisors

AUM: $2,500,000,000

http://www.drexelmorgancapital.com/   

 

  1. 8. Westscott Financial Advisory Group Inc.

AUM: $2,003,142,096

http://www.wescott.com/  

 

  1. 9. Radnor Financial Advisors Inc.

AUM: $1,334,595,954

http://www.radnorfinancial.com/   

 

  1. 10. Legacy Advisors 

AUM: $1,325,220,420

http://www.legacyadvice.com/   


To learn more about these accounts, as well as all of the other RIAs located in Philadelphia, click here to set up a demo of Dakota Marketplace.

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