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Top 3 financial advisor firms in Evansville

3 SEC-registered financial advisor firms are headquartered in Evansville, IN, with $5.02B in combined regulatory assets under management. The largest by assets are Donaldson Capital Management ($3.46B), Pettinga Financial Advisors ($1.28B) and Freeman, Will & Niemeier ($284M).

3
Financial advisor firms
$5.02B
Their combined AUM
$1.28B
Median firm AUM
2,938
Clients of the top 3

The 3 largest by assets

  1. 1
    Donaldson Capital Management

    RIA

    $3.46B

  2. 2
    Pettinga Financial Advisors

    RIA

    $1.28B

  3. 3
    Freeman, Will & Niemeier

    RIA

    $284M

Profiles of the top 3

No. 1 · 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. 2 · RIA

Pettinga Financial Advisors

Pettinga Financial Advisors is an investment adviser based in Evansville, IN, registered with the SEC since 2011. 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 $1.28 billion, as filed on 11 June 2026.

Pettinga Financial Advisors charges 0.40%–1.00% for its Investment management service fees. The brochure does not state whether the rate is annual.

Regulatory AUM
$1.28B
Clients
712
Advisory staff
7
Fee schedule
0.40% to 1.00%
Custodians
Charles Schwab, Fidelity
Headquarters
215 NW Martin Luther King JR BLVD, Evansville, IN 47708
Phone
812-436-4000
Website
pettinga.com

No. 3 · RIA

Freeman, Will & Niemeier

Freeman, Will & Niemeier is an investment adviser based in Evansville, IN, registered with the SEC since 2008. It provides financial planning and investment management. Its clients include pension and profit-sharing plans, high-net-worth individuals, and individual clients. Its regulatory assets under management total $284 million, as filed on 20 March 2026.

Freeman, Will & Niemeier charges 0.70%–1.00% a year for its Portfolio Management Services.

Regulatory AUM
$284M
Clients
388
Advisory staff
2
Fee schedule
0.70% to 1.00% a year
Custodians
Charles Schwab, Voya
Headquarters
1919 West Franklin Street, Evansville, IN 47712
Phone
812-425-1030
Website
fwnadvisors.com

Questions about financial advisors in Evansville

How many financial advisor firms are headquartered in Evansville?

3 SEC-registered financial advisor firms report their principal office in Evansville, IN, managing $5.02B in regulatory assets between them.

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

What is the largest financial advisor firm in Evansville?

Donaldson Capital Management, with $3.46B in regulatory assets under management on its latest Form ADV. The next largest are Pettinga Financial Advisors ($1.28B) and Freeman, Will & Niemeier ($284M).

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

How large is a typical financial advisor firm in Evansville?

The median firm manages $1.28B in regulatory assets. That is the midpoint of the 3 firms headquartered in Evansville.

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

How much do financial advisors in Evansville charge?

Of the 3 largest firms, 3 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 Evansville?

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

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