Top 10 financial advisor firms in Indianapolis

37 SEC-registered financial advisor firms are headquartered in Indianapolis, IN, with $37B in combined regulatory assets under management. The largest by assets are Sapient Capital ($13.8B), Bedel Financial Consulting ($2.92B) and Woodley Farra Manion Portfolio Management ($2.32B).

37
Financial advisor firms: $37B
Their combined AUM: $338M
Median firm AUM: 9,642
Clients of the top 10

The 10 largest by assets

1
Sapient Capital
RIA
$13.8B
Up to 1.50% a year
2
Bedel Financial Consulting
RIA
$2.92B
0.25% to 1.00% a year
3
Woodley Farra Manion Portfolio Management
RIA
$2.32B
0.50% to 1.25% a year
4
Elser Financial Planning
RIA
$2.11B
0.30% to 0.85% a year
5
Invst
RIA
$1.57B
Regulatory AUM
6
LJI Wealth Management
RIA
$1.37B
Up to 1.40% a year
7
Wallington Asset Management
RIA
$1.32B
0.50% to 1.00% a year
8
Deerfield Financial Advisors
RIA
$1.18B
0.45% to 0.75% a year
9
Fi3 Financial Advisors
RIA
$1.14B
0.25% to 0.65% a year
10
Market Street Wealth Management Advisors
RIA
$776M
0.35% to 1.30% a year

Profiles of the top 10

No. 1 · 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. 2 · 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. 3 · 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. 4 · 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

No. 5 · RIA

Invst

Invst is an investment adviser based in Indianapolis, IN, 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 $1.57 billion, as filed on 2 April 2026.

Regulatory AUM: $1.57B
Clients: 2,301
Advisory staff: 39
Custodians: Charles Schwab
Headquarters: 3625 E 96th St, Indianapolis, IN 46240
Phone: 317-202-1891

No. 6 · RIA

LJI Wealth Management

LJI Wealth Management is an investment adviser based in Indianapolis, IN, registered with the SEC since 2013. 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 $1.37 billion, as filed on 27 August 2026.

LJI Wealth Management charges up to 1.40% a year for its Wealth Management Services.

Regulatory AUM: $1.37B
Clients: 1,573
Advisory staff: 13
Fee schedule: Up to 1.40% a year
Custodians: Fidelity, Nationwide Trust Company FSB
Headquarters: 6569 Carrollton Avenue, Indianapolis, IN 46220
Phone: 317-466-9702
Website: ljiwm.com

No. 7 · RIA

Wallington Asset Management

Wallington Asset Management is an investment adviser based in Indianapolis, IN, registered with the SEC since 2007. 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 $1.32 billion, as filed on 23 September 2026.

Wallington Asset Management charges 0.50%–1.00% a year for its Equity and Balanced Asset Management Program.

Regulatory AUM: $1.32B
Clients: 337
Advisory staff: 8
Founded: 1988
Fee schedule: 0.50% to 1.00% a year
Custodians: Charles Schwab
Headquarters: 8900 Keystone Crossing, Suite 1015, Indianapolis, IN 46240-2134
Phone: 317-575-8670
Website: wallingtonasset.com

No. 8 · RIA

Deerfield Financial Advisors

Deerfield Financial Advisors is an investment adviser based in Indianapolis, IN, registered with the SEC since 1985. 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 $1.18 billion, as filed on 3 March 2026.

Deerfield Financial Advisors charges 0.45%–0.75% a year for its Investment Management Services.

Regulatory AUM: $1.18B
Clients: 331
Advisory staff: 6
Fee schedule: 0.45% to 0.75% a year
Custodians: Charles Schwab
Headquarters: 310 E. 96th Street, Suite 375, Indianapolis, IN 46240
Phone: 317-469-2455
Website: deerfield.com

No. 9 · RIA

Fi3 Financial Advisors

Fi3 Financial Advisors is an investment adviser based in Indianapolis, IN, 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 $1.14 billion, as filed on 24 July 2026.

Fi3 Financial Advisors charges 0.25%–0.65% a year for its Family Chief Financial Officer.

Regulatory AUM: $1.14B
Clients: 258
Advisory staff: 21
Founded: 2013
Fee schedule: 0.25% to 0.65% a year
Custodians: Fidelity, Charles Schwab
Headquarters: 8900 Keystone Crossing, Suite 225, Indianapolis, IN 46240
Phone: 317-426-8800
Website: fi3advisors.com

No. 10 · RIA

Market Street Wealth Management Advisors

Market Street Wealth Management Advisors is an investment adviser based in Indianapolis, IN, 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 20 May 2026.

Market Street Wealth Management Advisors charges 0.35%–1.30% a year for its Wealth Management.

Regulatory AUM: $776M
Clients: 427
Advisory staff: 8
Founded: 2001
Fee schedule: 0.35% to 1.30% a year
Custodians: Charles Schwab
Headquarters: 3105 E 98th Street, Suite 170, Indianapolis, IN 46280
Phone: 317-552-0505
Website: mswma.com

Questions about financial advisors in Indianapolis

How many financial advisor firms are headquartered in Indianapolis?

37 SEC-registered financial advisor firms report their principal office in Indianapolis, IN, managing $37B in regulatory assets between them. The other 9 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 Indianapolis?

Sapient Capital, with $13.8B in regulatory assets under management on its latest Form ADV. The next largest are Bedel Financial Consulting ($2.92B) and Woodley Farra Manion Portfolio Management ($2.32B).

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

How large is a typical financial advisor firm in Indianapolis?

The median firm manages $338M in regulatory assets. That is the midpoint of the 37 firms headquartered in Indianapolis.

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

How much do financial advisors in Indianapolis 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 0.65% 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 Indianapolis?

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

Indianapolis has 37 financial advisor firms; see every adviser in the city →

The 10 largest by assets

Profiles of the top 10

Questions about financial advisors in Indianapolis

Top financial advisor firms in other Indiana cities