Top 10 financial advisor firms in Boulder

16 SEC-registered financial advisor firms are headquartered in Boulder, CO, with $7.1B in combined regulatory assets under management. The largest by assets are BSW Wealth Partners, Inc., A Public Benefit ($2.24B), The Millstone Evans Group ($893M) and Black Swift Group ($694M).

16
Financial advisor firms: $7.1B
Their combined AUM: $276M
Median firm AUM: 2,771
Clients of the top 10

The 10 largest by assets

1
BSW Wealth Partners, Inc., A Public Benefit
RIA
$2.24B
0.50% to 1.00% a year
2
The Millstone Evans Group
RIA
$893M
Regulatory AUM
3
Black Swift Group
RIA
$694M
1.00% to 1.00% a year
4
Colorado Capital Management
RIA
$638M
0.35% to 1.00% a year
5
Boulder Wealth Advisors
RIA
$338M
Up to 1.00% a year
6
M4a3
RIA
$322M
Up to 0.85% a year
7
Broadview Wealth Partners
RIA
$305M
Up to 1.50% a year
8
KilterHowling
RIA
$293M
0.50% to 1.00%
9
The Wealth Conservancy
RIA
$260M
Regulatory AUM
10
Welch Financial Planning
RIA
$198M
0.75% to 1.50% a year

Profiles of the top 10

No. 1 · RIA

BSW Wealth Partners, Inc., A Public Benefit

BSW Wealth Partners, Inc., A Public Benefit is an investment adviser based in Boulder, CO, registered with the SEC since 1994. 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 $2.24 billion, as filed on 8 May 2026.

BSW Wealth Partners, Inc., A Public Benefit charges 0.50%–1.00% a year for its Wealth Management and Private Clients.

Regulatory AUM: $2.24B
Clients: 501
Advisory staff: 20
Founded: 1992
Fee schedule: 0.50% to 1.00% a year
Custodians: Fidelity, Charles Schwab
Headquarters: 2300 Broadway Street, Boulder, CO 80304
Phone: 303-444-9696
Website: bsw.com

No. 2 · RIA

The Millstone Evans Group

The Millstone Evans Group is an investment adviser based in Boulder, CO, registered with the SEC since 2020. 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 $893 million, as filed on 8 July 2026.

Regulatory AUM: $893M
Clients: 654
Advisory staff: 8
Founded: 2020
Custodians: Raymond James
Headquarters: 4940 Pearl East Circle, Suite 302, Boulder, CO 80301
Phone: 720-728-2801
Website: millstoneevansgroup.com

No. 3 · RIA

Black Swift Group

Black Swift Group is an investment adviser based in Boulder, CO, registered with the SEC since 2016. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and pooled investment vehicles. Its regulatory assets under management total $694 million, as filed on 9 July 2026.

Black Swift Group charges 1.00% a year for its Investment Management Fees – SMAs.

Regulatory AUM: $694M
Clients: 406
Advisory staff: 2
Founded: 2016
Fee schedule: 1.00% to 1.00% a year
Custodians: Pershing
Headquarters: 2595 Canyon BLVD, Suite 330, Boulder, CO 80302
Phone: 303-955-4381
Website: blackswiftgroup.com

No. 4 · RIA

Colorado Capital Management

Colorado Capital Management is an investment adviser based in Boulder, CO, registered with the SEC since 2002. 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 $638 million, as filed on 17 February 2026.

Colorado Capital Management charges 0.35%–1.00% a year for its Portfolio management services.

Regulatory AUM: $638M
Clients: 241
Advisory staff: 10
Fee schedule: 0.35% to 1.00% a year
Custodians: Charles Schwab
Headquarters: 4430 Arapahoe Avenue, Suite 120, Boulder, CO 80303-1100
Phone: 303-444-9300
Website: coloradocap.com

No. 5 · RIA

Boulder Wealth Advisors

Boulder Wealth Advisors is an investment adviser based in Boulder, CO, registered with the SEC since 2014. 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 $338 million, as filed on 31 July 2026.

Boulder Wealth Advisors charges up to 1.00% a year for its Investment Management.

Regulatory AUM: $338M
Clients: 183
Advisory staff: 2
Founded: 1997
Fee schedule: Up to 1.00% a year
Custodians: Charles Schwab
Headquarters: 2595 Canyon BLVD, Suite 220, Boulder, CO 80302
Phone: 303-444-1161
Website: boulderwealthadvisors.com

No. 6 · RIA

M4a3

M4a3 is an investment adviser based in Boulder, CO, registered with the SEC since 2025. It provides investment management. Its clients include high-net-worth individuals and pooled investment vehicles. Its regulatory assets under management total $322 million, as filed on 31 March 2026.

M4a3 charges up to 0.85% a year for its Investment Management Fees.

Regulatory AUM: $322M
Clients: 65
Advisory staff: 3
Fee schedule: Up to 0.85% a year
Custodians: Pershing, Charles Schwab
Headquarters: 820 Pearl Street, Ste F, Boulder, CO 80302
Phone: 303-396-6204
Website: m4a3.com

No. 7 · RIA

Broadview Wealth Partners

Broadview Wealth Partners is an investment adviser based in Boulder, CO, registered with the SEC since 2025. It provides investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $305 million, as filed on 30 September 2026.

Broadview Wealth Partners charges up to 1.50% a year for its Comprehensive Portfolio Management.

Regulatory AUM: $305M
Clients: 310
Advisory staff: 7
Founded: 2025
Fee schedule: Up to 1.50% a year
Custodians: Raymond James
Headquarters: 1212 Pearl Street, Suite 200, Boulder, CO 80302
Phone: 303-323-4293
Website: broadviewwp.com

No. 8 · RIA

KilterHowling

KilterHowling is an investment adviser based in Boulder, CO, registered with the SEC since 2020. 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 $293 million, as filed on 24 March 2026.

KilterHowling charges 0.50%–1.00% for its Asset Management Services. The brochure does not state whether the rate is annual.

Regulatory AUM: $293M
Clients: 207
Advisory staff: 4
Founded: 2014
Fee schedule: 0.50% to 1.00%
Custodians: Charles Schwab
Headquarters: 2101 Pearl Street, Boulder, CO 80302
Phone: 720-443-2076
Website: kilterhowling.com

No. 9 · RIA

The Wealth Conservancy

The Wealth Conservancy is an investment adviser based in Boulder, CO, registered with the SEC since 1983. It provides financial planning and investment management. Its clients include high-net-worth individuals, corporations and other businesses, and individual clients. Its regulatory assets under management total $260 million, as filed on 9 July 2026.

Regulatory AUM: $260M
Clients: 47
Advisory staff: 3
Custodians: Charles Schwab
Headquarters: 2355 Canyon BLVD, Suite 204, Boulder, CO 80302
Phone: 303-444-1919
Website: wayintowealth.com

No. 10 · RIA

Welch Financial Planning

Welch Financial Planning is an investment adviser based in Boulder, CO, registered with the SEC since 2024. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $198 million, as filed on 25 June 2026.

Welch Financial Planning charges 0.75%–1.50% a year for its Individually Managed Accounts.

Regulatory AUM: $198M
Clients: 157
Advisory staff: 2
Fee schedule: 0.75% to 1.50% a year
Minimum account: $1,000,000
Custodians: Charles Schwab
Headquarters: 1790 38th St, Ste. 205, Boulder, CO 80301-2600
Phone: 303-939-8766
Website: welchfp.com

Questions about financial advisors in Boulder

How many financial advisor firms are headquartered in Boulder?

16 SEC-registered financial advisor firms report their principal office in Boulder, CO, managing $7.1B in regulatory assets between them. The other 7 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 Boulder?

BSW Wealth Partners, Inc., A Public Benefit, with $2.24B in regulatory assets under management on its latest Form ADV. The next largest are The Millstone Evans Group ($893M) and Black Swift Group ($694M).

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

How large is a typical financial advisor firm in Boulder?

The median firm manages $276M in regulatory assets. That is the midpoint of the 16 firms headquartered in Boulder.

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

How much do financial advisors in Boulder charge?

Of the 10 largest firms, 8 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 0.85% 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 Boulder?

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

Boulder has 16 financial advisor firms; see every adviser in the city →

The 10 largest by assets

Profiles of the top 10

Questions about financial advisors in Boulder

Top financial advisor firms in other Colorado cities