Top 10 financial advisor firms in Louisiana

61 SEC-registered financial advisor firms are headquartered in Louisiana, with $32.9B in combined regulatory assets under management. The largest by assets are Stokes Family Office ($3.35B), Waters, Parkerson & Co. ($2.86B) and Summit Financial Wealth Advisors ($1.8B).

61
Financial advisor firms: $32.9B
Their combined AUM: $304M
Median firm AUM: 9,810
Clients of the top 10

The 10 largest by assets

1
Stokes Family Office
RIA
$3.35B
0.35% to 1.25% a year
2
Waters, Parkerson & Co.
RIA
$2.86B
0.50% to 1.00% a year
3
Summit Financial Wealth Advisors
RIA
$1.8B
Regulatory AUM
4
Argent Advisors
RIA
$1.71B
Regulatory AUM
5
Beam Wealth Advisors
RIA
$1.6B
Up to 3.00% a year
6
St. Denis J. Villere & Co.
RIA
$1.4B
0.50% to 1.00%
7
Second Line Capital
RIA
$1.32B
Regulatory AUM
8
FPL Capital Management
RIA
$1.08B
Regulatory AUM
9
Cullen Investment Group
RIA
$910M
0.50% to 1.00% a year
10
Montz Harcus Wealth Management
RIA
$876M
0.30% to 1.00% a year

Profiles of the top 10

No. 1 · RIA

Stokes Family Office

Stokes Family Office is an investment adviser based in New Orleans, LA, registered with the SEC since 2019. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and corporations and other businesses. Its regulatory assets under management total $3.35 billion, as filed on 30 April 2026.

Stokes Family Office charges 0.35%–1.25% a year for its Wealth Management Fees.

Regulatory AUM: $3.35B
Clients: 795
Advisory staff: 12
Fee schedule: 0.35% to 1.25% a year
Custodians: Fidelity
Headquarters: 1100 Poydras St, Ste. 2775, New Orleans, LA 70163
Phone: 504-399-4100
Website: stokesfamilyoffice.com

No. 2 · RIA

Waters, Parkerson & Co.

Waters, Parkerson & Co. is an investment adviser based in New Orleans, LA, registered with the SEC since 1972. 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 $2.86 billion, as filed on 26 May 2026.

Waters, Parkerson & Co. charges 0.50%–1.00% a year for its Investment Advisory Services.

Regulatory AUM: $2.86B
Clients: 794
Advisory staff: 6
Founded: 1933
Fee schedule: 0.50% to 1.00% a year
Custodians: Charles Schwab
Headquarters: 601 Poydras Street, Suite 2210, New Orleans, LA 70130-6013
Phone: 504-581-2022
Website: watersparkerson.com

No. 3 · RIA

Summit Financial Wealth Advisors

Summit Financial Wealth Advisors is an investment adviser based in Lafayette, LA, registered with the SEC since 2014. 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 $1.8 billion, as filed on 29 July 2026.

Regulatory AUM: $1.8B
Clients: 1,265
Advisory staff: 17
Founded: 2010
Custodians: Charles Schwab
Headquarters: 1021 E. St. Mary BLVD., Lafayette, LA 70503
Phone: 337-232-1141
Website: summit-financial.com

No. 4 · RIA

Argent Advisors

Argent Advisors is an investment adviser based in Ruston, LA, registered with the SEC since 2001. It provides financial planning and investment management. Its clients include high-net-worth individuals, state or municipal government entities and individual clients. Its regulatory assets under management total $1.71 billion, as filed on 20 August 2026.

Regulatory AUM: $1.71B
Clients: 1,499
Advisory staff: 12
Custodians: Argent Trust, Fidelity
Headquarters: 500 East Reynolds Drive, Ruston, LA 71270
Phone: 318-251-5800
Website: ruston.argentadvisors.com

No. 5 · RIA

Beam Wealth Advisors

Beam Wealth Advisors is an investment adviser based in Covington, LA, registered with the SEC since 2001. 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 $1.6 billion, as filed on 13 August 2026.

Beam Wealth Advisors charges up to 3.00% a year for its Investment Management Fees.

Regulatory AUM: $1.6B
Clients: 2,258
Advisory staff: 27
Fee schedule: Up to 3.00% a year
Custodians: Fidelity, Charles Schwab, Raymond James
Headquarters: 72096 Ramos Avenue, Suite D, Covington, LA 70433
Phone: 985-893-1440
Website: beamwealth.com

No. 6 · RIA

St. Denis J. Villere & Co.

St. Denis J. Villere & Co. is an investment adviser based in New Orleans, LA, registered with the SEC since 1940. It provides investment management. Its clients include high-net-worth individuals, charitable organizations and investment companies. Its regulatory assets under management total $1.4 billion, as filed on 27 May 2026.

St. Denis J. Villere & Co. charges 0.50%–1.00% for its Asset-Based Advisory Fee. The brochure does not state whether the rate is annual.

Regulatory AUM: $1.4B
Clients: 381
Advisory staff: 4
Fee schedule: 0.50% to 1.00%
Custodians: Charles Schwab
Headquarters: 601 Poydras Street, Suite 1808, New Orleans, LA 70130-6308
Phone: 504-525-0808
Website: villere.com

No. 7 · RIA

Second Line Capital

Second Line Capital is an investment adviser based in Metairie, LA, registered with the SEC since 2023. 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 $1.32 billion, as filed on 16 July 2026.

Regulatory AUM: $1.32B
Clients: 1,196
Advisory staff: 24
Custodians: LPL Financial, Charles Schwab
Headquarters: 2800 Veterans Memorial BLVD., Suite 220, Metairie, LA 70002
Phone: 504-321-0923
Website: mussora.com

No. 8 · RIA

FPL Capital Management

FPL Capital Management is an investment adviser based in Metairie, LA, registered with the SEC since 2014. 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 $1.08 billion, as filed on 15 January 2026.

Regulatory AUM: $1.08B
Clients: 324
Advisory staff: 3
Custodians: Charles Schwab, Fidelity
Headquarters: 3525 North Causeway Boulevard, Suite 633, Metairie, LA 70002
Phone: 504-828-1969
Website: fplcm.com

No. 9 · RIA

Cullen Investment Group

Cullen Investment Group is an investment adviser based in Lafayette, LA, 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 $910 million, as filed on 24 March 2026.

Cullen Investment Group charges 0.50%–1.00% a year for its Investment Management Services.

Regulatory AUM: $910M
Clients: 611
Advisory staff: 5
Founded: 1986
Fee schedule: 0.50% to 1.00% a year
Custodians: Raymond James
Headquarters: 1404 S. College RD., Lafayette, LA 70503
Phone: 337-237-8000
Website: cullenonline.com

No. 10 · RIA

Montz Harcus Wealth Management

Montz Harcus Wealth Management is an investment adviser based in New Orleans, LA, registered with the SEC since 2019. 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 $876 million, as filed on 4 August 2026.

Montz Harcus Wealth Management charges 0.30%–1.00% a year for its Portfolio Management Fees.

Regulatory AUM: $876M
Clients: 687
Advisory staff: 6
Founded: 2019
Fee schedule: 0.30% to 1.00% a year
Minimum account: $250,000
Custodians: Charles Schwab
Headquarters: 610 City Park Avenue, New Orleans, LA 70119
Phone: 504-488-3700
Website: montzharcus.com

Questions about financial advisors in Louisiana

How many financial advisor firms are headquartered in Louisiana?

61 SEC-registered financial advisor firms report their principal office in Louisiana, managing $32.9B in regulatory assets between them. The other 17 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 Louisiana?

Stokes Family Office, with $3.35B in regulatory assets under management on its latest Form ADV. The next largest are Waters, Parkerson & Co. ($2.86B) and Summit Financial Wealth Advisors ($1.8B).

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

How large is a typical financial advisor firm in Louisiana?

The median firm manages $304M in regulatory assets. That is the midpoint of the 61 firms headquartered in Louisiana.

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

How much do financial advisors in Louisiana charge?

Of the 10 largest firms, 6 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.00% to 3.00% 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 Louisiana?

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

Louisiana has 61 financial advisor firms; see every adviser in the state →

The 10 largest by assets

Profiles of the top 10

Questions about financial advisors in Louisiana

Top financial advisor firms by city in Louisiana