Top 10 financial advisor firms in Birmingham

24 SEC-registered financial advisor firms are headquartered in Birmingham, AL, with $52.9B in combined regulatory assets under management. The largest by assets are Waverly Advisors ($29.9B), EverSource Wealth Advisors ($5.1B) and The Welch Group ($3.68B).

24
Financial advisor firms: $52.9B
Their combined AUM: $602M
Median firm AUM: 28,434
Clients of the top 10

The 10 largest by assets

1
Waverly Advisors
RIA
$29.9B
0.25% to 1.50% a year
2
EverSource Wealth Advisors
RIA
$5.1B
Regulatory AUM
3
The Welch Group
RIA
$3.68B
0.30% to 1.20% a year
4
Oneascent Financial Services
RIA
$3.54B
Regulatory AUM
5
Southern Financial Group
RIA
$1.05B
0.50% to 1.00% a year
6
Oakworth Asset Management
RIA
$846M
Regulatory AUM
7
Mayfair Advisory Group
RIA
$806M
0.50% to 1.00% a year
8
BHK Investment Advisors
RIA
$794M
Regulatory AUM
9
Meld Financial
RIA
$776M
Up to 1.50% a year
10
Porter White Investment Advisors
RIA
$748M
0.30% to 1.00% a year

Profiles of the top 10

No. 1 · RIA

Waverly Advisors

Waverly Advisors is an investment adviser based in Birmingham, AL, registered with the SEC since 2001. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and individual clients. Its regulatory assets under management total $29.9 billion, as filed on 31 August 2026.

Waverly Advisors charges 0.25%–1.50% a year for its Percentage Based Advisory Fee.

Regulatory AUM: $29.9B
Clients: 13,689
Advisory staff: 197
Fee schedule: 0.25% to 1.50% a year
Custodians: Charles Schwab, Fidelity
Headquarters: 600 University Park Place, Suite 501, Birmingham, AL 35209
Phone: 205-871-3334
Website: waverly-advisors.com

No. 2 · RIA

EverSource Wealth Advisors

EverSource Wealth Advisors is an investment adviser based in Birmingham, AL, registered with the SEC since 2020. It provides financial planning and investment management. Its clients include high-net-worth individuals, other clients and individual clients. Its regulatory assets under management total $5.1 billion, as filed on 25 September 2026.

Regulatory AUM: $5.1B
Clients: 4,338
Advisory staff: 76
Custodians: Charles Schwab, Fidelity
Headquarters: 3500 Colonnade Parkway, Suite 150, Birmingham, AL 35243
Phone: 205-982-5515
Website: eversourcewealthadvisors.com

No. 3 · RIA

The Welch Group

The Welch Group is an investment adviser based in Birmingham, AL, registered with the SEC since 1999. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $3.68 billion, as filed on 31 August 2026.

The Welch Group charges 0.30%–1.20% a year for its Portfolio Design/Management.

Regulatory AUM: $3.68B
Clients: 1,450
Advisory staff: 26
Founded: 1998
Fee schedule: 0.30% to 1.20% a year
Custodians: Charles Schwab
Headquarters: 3940 Montclair RD, Fifth Floor, Birmingham, AL 35213
Phone: 205-879-5001
Website: welchgroup.com

No. 4 · RIA

Oneascent Financial Services

Oneascent Financial Services is an investment adviser based in Birmingham, AL, registered with the SEC since 2016. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $3.54 billion, as filed on 14 August 2026.

Regulatory AUM: $3.54B
Clients: 5,279
Advisory staff: 74
Custodians: Charles Schwab, Fidelity
Headquarters: 100 Grandview Place, Suite 200, Birmingham, AL 35243
Phone: 205-313-9142

No. 5 · RIA

Southern Financial Group

Southern Financial Group is an investment adviser based in Birmingham, AL, registered with the SEC since 2007. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $1.05 billion, as filed on 26 February 2026.

Southern Financial Group charges 0.50%–1.00% a year for its Portfolio Management Fees.

Regulatory AUM: $1.05B
Clients: 1,146
Advisory staff: 2
Founded: 2006
Fee schedule: 0.50% to 1.00% a year
Minimum account: $50,000
Custodians: Fidelity
Headquarters: 700 Corporate Parkway, Birmingham, AL 35242
Phone: 205-383-1415
Website: thesouthernfinancialgroup.com

No. 6 · RIA

Oakworth Asset Management

Oakworth Asset Management is an investment adviser based in Birmingham, AL, registered with the SEC since 2025. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $846 million, as filed on 27 March 2026.

Regulatory AUM: $846M
Clients: 565
Advisory staff: 19
Custodians: Axos Clearing, Oakworthcapital Bank
Headquarters: 850 Shades Creek Parkway, Suite 200, Birmingham, AL 35209
Phone: 205-263-4700
Website: oakworth.com

No. 7 · RIA

Mayfair Advisory Group

Mayfair Advisory Group is an investment adviser based in Birmingham, AL, registered with the SEC since 2019. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $806 million, as filed on 12 February 2026.

Mayfair Advisory Group charges 0.50%–1.00% a year for its Wealth Management Fees.

Regulatory AUM: $806M
Clients: 395
Advisory staff: 4
Fee schedule: 0.50% to 1.00% a year
Custodians: Charles Schwab, Fidelity
Headquarters: 110 Office Park Drive, Suite 220, Birmingham, AL 35223
Phone: 205-395-6970
Website: mayfairag.com

No. 8 · RIA

BHK Investment Advisors

BHK Investment Advisors is an investment adviser based in Birmingham, AL, registered with the SEC since 2006. It provides investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and corporations and other businesses. Its regulatory assets under management total $794 million, as filed on 27 April 2026.

Regulatory AUM: $794M
Clients: 328
Advisory staff: 5
Custodians: Wells Fargo Clearing Services, Charles Schwab
Headquarters: 2200 Lakeshore Drive, Suite 250, Birmingham, AL 35209-8803
Phone: 205-322-2025
Website: bhkllc.com

No. 9 · RIA

Meld Financial

Meld Financial is an investment adviser based in Birmingham, AL, registered with the SEC since 2004. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $776 million, as filed on 24 March 2026.

Meld Financial charges up to 1.50% a year for its Portfolio Management Services.

Regulatory AUM: $776M
Clients: 1,130
Advisory staff: 10
Fee schedule: Up to 1.50% a year
Custodians: Fidelity
Headquarters: 3008 Pump House RD., Birmingham, AL 35243
Phone: 205-967-4200
Website: meldfinancial.com

No. 10 · RIA

Porter White Investment Advisors

Porter White Investment Advisors is an investment adviser based in Birmingham, AL, registered with the SEC since 2005. It provides financial planning and investment management. Its clients include high-net-worth individuals, charitable organizations, and pension and profit-sharing plans. Its regulatory assets under management total $748 million, as filed on 10 April 2026.

Porter White Investment Advisors charges 0.30%–1.00% a year for its Wealth Management Fee Schedule.

Regulatory AUM: $748M
Clients: 114
Advisory staff: 5
Fee schedule: 0.30% to 1.00% a year
Custodians: Fidelity
Headquarters: 1927 1st Avenue North, 10th Floor, Birmingham, AL 35203-4103
Phone: 205-252-3681
Website: pwco.com

Questions about financial advisors in Birmingham

How many financial advisor firms are headquartered in Birmingham?

24 SEC-registered financial advisor firms report their principal office in Birmingham, AL, managing $52.9B in regulatory assets between them. The other 20 advisers headquartered in the city are broker-dealers, other kinds of wealth firm, or fund and institutional managers.

Source: Form ADV Part 1A, Items 1.F, 5.D and 5.F

What is the largest financial advisor firm in Birmingham?

Waverly Advisors, with $29.9B in regulatory assets under management on its latest Form ADV. The next largest are EverSource Wealth Advisors ($5.1B) and The Welch Group ($3.68B).

Source: Form ADV Part 1A, Item 5.F

How large is a typical financial advisor firm in Birmingham?

The median firm manages $602M in regulatory assets. That is the midpoint of the 24 firms headquartered in Birmingham.

Source: Form ADV Part 1A, Item 5.F

How much do financial advisors in Birmingham charge?

Of the 10 largest firms, 6 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.00% to 1.50% of assets, depending on the firm; each firm's fee is in its profile above.

Source: Form ADV Part 2A brochures, Item 5

How can I check a financial advisor's record in Birmingham?

Search the firm or the person on the SEC's Investment Adviser Public Disclosure site, adviserinfo.sec.gov, which shows registrations, Form ADV filings and any disclosures. Each firm profile in this directory links its SEC record.

Source: SEC Investment Adviser Public Disclosure

How is this list ordered?

By regulatory assets under management as filed on Form ADV, largest first. A firm is included when its principal office is in the city and most of its client assets belong to individuals and its type is RIA, which leaves out broker-dealers, wirehouses, RIA networks, digital advice, bank, insurance and family-office firms. A firm with only a branch office here is listed in its own headquarters city.

Source: Niva directory methodology

Birmingham has 24 financial advisor firms; see every adviser in the city →

The 10 largest by assets

Profiles of the top 10

Questions about financial advisors in Birmingham

Top financial advisor firms in other Alabama cities