Top 10 financial advisor firms in Indiana

112 SEC-registered financial advisor firms are headquartered in Indiana, with $122B in combined regulatory assets under management. The largest by assets are Oxford Financial Group ($23.3B), Sapient Capital ($13.8B) and Valeo Financial Advisors ($13B).

112
Financial advisor firms: $122B
Their combined AUM: $387M
Median firm AUM: 17,502
Clients of the top 10

The 10 largest by assets

1
Oxford Financial Group
RIA
$23.3B
0.50% to 1.00%
2
Sapient Capital
RIA
$13.8B
Up to 1.50% a year
3
Valeo Financial Advisors
RIA
$13B
0.13% to 0.50% a year
4
SYM Financial
RIA
$5.81B
Regulatory AUM
5
CX Institutional
RIA
$4.46B
Up to 2.00%
6
Donaldson Capital Management
RIA
$3.46B
0.50% to 1.50% a year
7
Bedel Financial Consulting
RIA
$2.92B
0.25% to 1.00% a year
8
Phillips Financial Management
RIA
$2.64B
0.40% to 1.25% a year
9
Woodley Farra Manion Portfolio Management
RIA
$2.32B
0.50% to 1.25% a year
10
Elser Financial Planning
RIA
$2.11B
0.30% to 0.85% a year

Profiles of the top 10

No. 1 · RIA

Oxford Financial Group

Oxford Financial Group is an investment adviser based in Carmel, IN, registered with the SEC since 1984. It provides financial planning and investment management. Its clients include high-net-worth individuals, pooled investment vehicles, and pension and profit-sharing plans. Its regulatory assets under management total $23.3 billion, as filed on 9 July 2026.

Oxford Financial Group charges 0.50%–1.00% for its Individual/Family CIO Growth Pod. The brochure does not state whether the rate is annual.

Regulatory AUM: $23.3B
Clients: 697
Advisory staff: 36
Fee schedule: 0.50% to 1.00%
Custodians: Fidelity
Headquarters: 11711 North Meridian Street, Suite 600, Carmel, IN 46032
Phone: 317-843-5678
Website: ofgltd.com

No. 2 · RIA

Sapient Capital

Sapient Capital is an investment adviser based in Indianapolis, IN, registered with the SEC since 2023. It provides financial planning and investment management. Its clients include high-net-worth individuals, charitable organizations, and corporations and other businesses. Its regulatory assets under management total $13.8 billion, as filed on 31 August 2026.

Sapient Capital charges up to 1.50% a year for its Wealth Management Services.

Regulatory AUM: $13.8B
Clients: 1,017
Advisory staff: 30
Fee schedule: Up to 1.50% a year
Custodians: Pershing
Headquarters: 401 Pennsylvania Pkwy, Suite 100, Indianapolis, IN 46280
Phone: 317-719-0157
Website: sapientcapital.com

No. 3 · RIA

Valeo Financial Advisors

Valeo Financial Advisors is an investment adviser based in Carmel, IN, registered with the SEC since 2006. 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 $13 billion, as filed on 30 April 2026.

Valeo Financial Advisors charges 0.125%–0.50% a year for its Personal Advisory Services, % of net worth under $30M.

Regulatory AUM: $13B
Clients: 3,042
Advisory staff: 119
Fee schedule: 0.13% to 0.50% a year
Custodians: Fidelity
Headquarters: 10 W. Carmel DR Ste 400, Carmel, IN 46032-3357
Phone: 317-218-6000
Website: valeofinancial.com

No. 4 · RIA

SYM Financial

SYM Financial is an investment adviser based in Winona Lake, IN, registered with the SEC since 1985. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and charitable organizations. Its regulatory assets under management total $5.81 billion, as filed on 31 March 2026.

Regulatory AUM: $5.81B
Clients: 1,959
Advisory staff: 49
Custodians: Charles Schwab, Fidelity
Headquarters: 801 Park Ave, Winona Lake, IN 46590
Phone: 800-888-7968
Website: sym.com

No. 5 · RIA

CX Institutional

CX Institutional is an investment adviser based in Auburn, IN, registered with the SEC since 2018. 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 $4.46 billion, as filed on 28 March 2026.

CX Institutional charges up to 2.00% for its Asset Management Fees. The brochure does not state whether the rate is annual.

Regulatory AUM: $4.46B
Clients: 4,560
Advisory staff: 73
Fee schedule: Up to 2.00%
Custodians: Charles Schwab
Headquarters: 200 East 7th Street, Auburn, IN 46706
Phone: 260-927-1830
Website: credentwealth.com

No. 6 · RIA

Donaldson Capital Management

Donaldson Capital Management is an investment adviser based in Evansville, IN, registered with the SEC since 1995. 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 $3.46 billion, as filed on 10 August 2026.

Donaldson Capital Management charges 0.50%–1.50% a year for its One Fee - Investment Management Program.

Regulatory AUM: $3.46B
Clients: 1,838
Advisory staff: 36
Fee schedule: 0.50% to 1.50% a year
Custodians: Charles Schwab
Headquarters: 20 Northwest First Street, Fifth Floor, Evansville, IN 47708
Phone: 812-421-3211
Website: dcmol.com

No. 7 · RIA

Bedel Financial Consulting

Bedel Financial Consulting is an investment adviser based in Indianapolis, IN, registered with the SEC since 1989. 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 $2.92 billion, as filed on 5 August 2026.

Bedel Financial Consulting charges 0.25%–1.00% a year for its Managing Investment Advisory Accounts.

Regulatory AUM: $2.92B
Clients: 1,162
Advisory staff: 19
Founded: 1989
Fee schedule: 0.25% to 1.00% a year
Custodians: Fidelity, Charles Schwab
Headquarters: 8940 River Crossing BLVD., Suite 120, Indianapolis, IN 46240
Phone: 317-843-1358
Website: bedelfinancial.com

No. 8 · RIA

Phillips Financial Management

Phillips Financial Management is an investment adviser based in Fort Wayne, IN, registered with the SEC since 2004. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and charitable organizations. Its regulatory assets under management total $2.64 billion, as filed on 17 March 2026.

Phillips Financial Management charges 0.40%–1.25% a year for its Investment Management.

Regulatory AUM: $2.64B
Clients: 991
Advisory staff: 14
Fee schedule: 0.40% to 1.25% a year
Custodians: Fidelity
Headquarters: 6920 Pointe Inverness Way, Suite 230, Fort Wayne, IN 46804
Phone: 260-420-7732
Website: myphillips.com

No. 9 · RIA

Woodley Farra Manion Portfolio Management

Woodley Farra Manion Portfolio Management is an investment adviser based in Indianapolis, IN, registered with the SEC since 1995. It provides investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $2.32 billion, as filed on 25 September 2026.

Woodley Farra Manion Portfolio Management charges 0.50%–1.25% a year for its Standard fee schedule.

Regulatory AUM: $2.32B
Clients: 1,652
Advisory staff: 9
Founded: 1995
Fee schedule: 0.50% to 1.25% a year
Custodians: Charles Schwab, Fidelity
Headquarters: 8555 N. River Road, Suite 400, Indianapolis, IN 46240
Phone: 317-269-0224
Website: woodleyfarra.com

No. 10 · RIA

Elser Financial Planning

Elser Financial Planning is an investment adviser based in Indianapolis, IN, registered with the SEC since 2015. 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 $2.11 billion, as filed on 29 September 2026.

Elser Financial Planning charges 0.30%–0.85% a year for its Investment Management Services.

Regulatory AUM: $2.11B
Clients: 584
Advisory staff: 10
Founded: 2007
Fee schedule: 0.30% to 0.85% a year
Custodians: Charles Schwab
Headquarters: 8900 Keystone Crossing, Suite 450, Indianapolis, IN 46240
Phone: 317-731-5615
Website: elserfp.com

Questions about financial advisors in Indiana

How many financial advisor firms are headquartered in Indiana?

112 SEC-registered financial advisor firms report their principal office in Indiana, managing $122B in regulatory assets between them. The other 24 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 Indiana?

Oxford Financial Group, with $23.3B in regulatory assets under management on its latest Form ADV. The next largest are Sapient Capital ($13.8B) and Valeo Financial Advisors ($13B).

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

How large is a typical financial advisor firm in Indiana?

The median firm manages $387M in regulatory assets. That is the midpoint of the 112 firms headquartered in Indiana.

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

How much do financial advisors in Indiana charge?

Of the 10 largest firms, 9 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 0.50% to 2.00% 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 Indiana?

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

Indiana has 112 financial advisor firms; see every adviser in the state →

The 10 largest by assets

Profiles of the top 10

Questions about financial advisors in Indiana

Top financial advisor firms by city in Indiana