Top 10 financial advisor firms in Delaware

18 SEC-registered financial advisor firms are headquartered in Delaware, with $9.7B in combined regulatory assets under management. The largest by assets are Diversified Enterprises ($2.79B), RiversEdge Advisors ($928M) and Affinity Wealth Management ($873M).

18
Financial advisor firms: $9.7B
Their combined AUM: $397M
Median firm AUM: 5,897
Clients of the top 10

The 10 largest by assets

1
Diversified Enterprises
RIA
$2.79B
Regulatory AUM
2
RiversEdge Advisors
RIA
$928M
Up to 1.50% a year
3
Affinity Wealth Management
RIA
$873M
0.50% to 1.50% a year
4
Schiavi & Company
RIA
$798M
0.45% to 0.95% a year
5
Grey Fox Wealth Advisors
RIA
$699M
0.30% to 1.00% a year
6
Westover Capital Advisors
RIA
$653M
0.75% to 1.50% a year
7
Newton One Investments
RIA
$445M
0.50% to 0.95% a year
8
Boothe Investment Group
RIA
$425M
0.75% to 1.25% a year
9
BDFS Capital
RIA
$411M
Regulatory AUM
10
Dravo Bay
RIA
$382M
0.39% to 1.50% a year

Profiles of the top 10

No. 1 · RIA

Diversified Enterprises

Diversified Enterprises is an investment adviser based in Wilmington, DE, registered with the SEC since 2024. 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 $2.79 billion, as filed on 4 August 2026.

Regulatory AUM: $2.79B
Clients: 2,002
Advisory staff: 34
Founded: 1982
Custodians: SEI Private Trust, Charles Schwab
Headquarters: 3705 Concord Pike, Wilmington, DE 19803
Phone: 302-765-3500
Website: diversifiedllc.com

No. 2 · RIA

RiversEdge Advisors

RiversEdge Advisors is an investment adviser based in Wilmington, DE, registered with the SEC since 2018. 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 $928 million, as filed on 16 July 2026.

RiversEdge Advisors charges up to 1.50% a year for its Investment Management Services.

Regulatory AUM: $928M
Clients: 454
Advisory staff: 9
Founded: 2018
Fee schedule: Up to 1.50% a year
Custodians: Charles Schwab
Headquarters: 600 N King St, Suite 200, Wilmington, DE 19801
Phone: 302-573-6864
Website: riversedgeadvisors.com

No. 3 · RIA

Affinity Wealth Management

Affinity Wealth Management is an investment adviser based in Wilmington, DE, registered with the SEC since 2018. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and state or municipal government entities. Its regulatory assets under management total $873 million, as filed on 10 April 2026.

Affinity Wealth Management charges 0.50%–1.50% a year for its Wealth Management Services.

Regulatory AUM: $873M
Clients: 664
Advisory staff: 11
Founded: 2017
Fee schedule: 0.50% to 1.50% a year
Custodians: Charles Schwab
Headquarters: 2751 Centerville Road, Suite 110, Wilmington, DE 19808
Phone: 302-652-6767
Website: affinitywealth.com

No. 4 · RIA

Schiavi & Company

Schiavi & Company is an investment adviser based in Wilmington, DE, registered with the SEC since 1983. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and other clients. Its regulatory assets under management total $798 million, as filed on 16 March 2026.

Schiavi & Company charges 0.45%–0.95% a year for its Financial planning and investment management.

Regulatory AUM: $798M
Clients: 263
Advisory staff: 6
Founded: 1983
Fee schedule: 0.45% to 0.95% a year
Custodians: Fidelity
Headquarters: 2710 Centerville Road, Suite 201, Wilmington, DE 19808-1644
Phone: 302-994-4444
Website: claritiwealth.com

No. 5 · RIA

Grey Fox Wealth Advisors

Grey Fox Wealth Advisors is an investment adviser based in Rockland, DE, registered with the SEC since 2021. 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 $699 million, as filed on 24 March 2026.

Grey Fox Wealth Advisors charges 0.30%–1.00% a year for its Investment advisory fees.

Regulatory AUM: $699M
Clients: 335
Advisory staff: 8
Fee schedule: 0.30% to 1.00% a year
Custodians: Charles Schwab
Headquarters: 100 South Rockland Falls Road, Rockland, DE 19732
Phone: 302-482-3211
Website: greyfoxwealth.com

No. 6 · RIA

Westover Capital Advisors

Westover Capital Advisors is an investment adviser based in Wilmington, DE, registered with the SEC since 2005. It provides financial planning and investment management. Its clients include high-net-worth individuals, charitable organizations and individual clients. Its regulatory assets under management total $653 million, as filed on 30 March 2026.

Westover Capital Advisors charges 0.75%–1.50% a year for its Investment Management, Wealth Advisory.

Regulatory AUM: $653M
Clients: 267
Advisory staff: 6
Founded: 1999
Fee schedule: 0.75% to 1.50% a year
Custodians: Charles Schwab
Headquarters: 1013 Centre RD,, Suite 405, Wilmington, DE 19805
Phone: 302-427-9600
Website: westovercapital.com

No. 7 · RIA

Newton One Investments

Newton One Investments is an investment adviser based in Newark, DE, registered with the SEC since 2008. 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 $445 million, as filed on 23 March 2026.

Newton One Investments charges 0.50%–0.95% a year for its Portfolio Management Fees.

Regulatory AUM: $445M
Clients: 214
Advisory staff: 3
Founded: 2001
Fee schedule: 0.50% to 0.95% a year
Custodians: Charles Schwab
Headquarters: 131 Continental Drive, Suite 206, Newark, DE 19713-0000
Phone: 302-731-1326
Website: n1advisors.com

No. 8 · RIA

Boothe Investment Group

Boothe Investment Group is an investment adviser based in Dover, DE, registered with the SEC since 2018. 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 $425 million, as filed on 31 August 2026.

Boothe Investment Group charges 0.75%–1.25% a year for its Investment Management Services.

Regulatory AUM: $425M
Clients: 622
Advisory staff: 4
Fee schedule: 0.75% to 1.25% a year
Minimum account: $250,000
Custodians: Wells Fargo Clearing Services
Headquarters: 450 Kings Hwy N.e., Dover, DE 19901
Phone: 302-734-7526
Website: abigplan.com

No. 9 · RIA

BDFS Capital

BDFS Capital is an investment adviser based in Rehoboth Beach, DE, registered with the SEC since 2021. 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 $411 million, as filed on 10 July 2026.

Regulatory AUM: $411M
Clients: 762
Advisory staff: 7
Custodians: Charles Schwab
Headquarters: 19409 Plantation RD, BLDG. 2 Unit 1, Rehoboth Beach, DE 19971
Phone: 302-265-2236
Website: blackdiamondfs.com

No. 10 · RIA

Dravo Bay

Dravo Bay is an investment adviser based in Rehoboth Beach, DE, registered with the SEC since 2020. 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 $382 million, as filed on 26 March 2026.

Dravo Bay charges 0.39%–1.50% a year for its Investment Management Services.

Regulatory AUM: $382M
Clients: 314
Advisory staff: 5
Fee schedule: 0.39% to 1.50% a year
Custodians: SEI Investments Distribution
Headquarters: 37458 Oyster House Road, Rehoboth Beach, DE 19971
Phone: 302-752-6637
Website: bluerockfg.com

Questions about financial advisors in Delaware

How many financial advisor firms are headquartered in Delaware?

18 SEC-registered financial advisor firms report their principal office in Delaware, managing $9.7B in regulatory assets between them. The other 15 advisers headquartered in the state 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 Delaware?

Diversified Enterprises, with $2.79B in regulatory assets under management on its latest Form ADV. The next largest are RiversEdge Advisors ($928M) and Affinity Wealth Management ($873M).

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

How large is a typical financial advisor firm in Delaware?

The median firm manages $397M in regulatory assets. That is the midpoint of the 18 firms headquartered in Delaware.

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

How much do financial advisors in Delaware 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 0.95% 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 Delaware?

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 state 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 state.

Source: Niva directory methodology

Delaware has 18 financial advisor firms; see every adviser in the state →

Top financial advisor firms by city in Delaware

Wilmington10