Top 5 financial advisor firms in Morristown

5 SEC-registered financial advisor firms are headquartered in Morristown, NJ, with $16.8B in combined regulatory assets under management. The largest by assets are Simon Quick Advisors ($9.01B), Beacon Investment Advisory Services ($4.44B) and Blackhill Capital ($2B).

5
Financial advisor firms: $16.8B
Their combined AUM: $2B
Median firm AUM: 5,166
Clients of the top 5

The 5 largest by assets

1
Simon Quick Advisors
RIA
$9.01B
Regulatory AUM
2
Beacon Investment Advisory Services
RIA
$4.44B
Up to 1.25% a year
3
Blackhill Capital
RIA
$2B
1.00% to 3.00% a year
4
McRae Capital Management
RIA
$795M
0.50% to 1.00% a year
5
Pegasus Asset Management
RIA
$554M
0.50% to 1.25% a year

Profiles of the top 5

No. 1 · RIA

Simon Quick Advisors

Simon Quick Advisors is an investment adviser based in Morristown, NJ, registered with the SEC since 2004. It provides financial planning and investment management. Its clients include high-net-worth individuals, charitable organizations and pooled investment vehicles. Its regulatory assets under management total $9.01 billion, as filed on 28 July 2026.

Regulatory AUM: $9.01B
Clients: 1,042
Advisory staff: 77
Custodians: Charles Schwab, Fidelity
Headquarters: 360 MT. Kemble Ave, Morristown, NJ 07960
Phone: 973-525-1000
Website: simonquickadvisors.com

No. 2 · RIA

Beacon Investment Advisory Services

Beacon Investment Advisory Services is an investment adviser based in Morristown, NJ, registered with the SEC since 2015. 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 $4.44 billion, as filed on 27 July 2026.

Beacon Investment Advisory Services charges up to 1.25% a year for its Investment management.

Regulatory AUM: $4.44B
Clients: 2,939
Advisory staff: 43
Fee schedule: Up to 1.25% a year
Headquarters: 163 Madison Avenue, Morristown, NJ 07960
Phone: 973-377-8090
Website: beacontrust.com

No. 3 · RIA

Blackhill Capital

Blackhill Capital is an investment adviser based in Morristown, NJ, registered with the SEC since 1988. It provides investment management. Its clients include high-net-worth individuals, charitable organizations, and corporations and other businesses. Its regulatory assets under management total $2 billion, as filed on 18 March 2026.

Blackhill Capital charges 1.00%–3.00% a year for its Investment Supervisory Services.

Regulatory AUM: $2B
Clients: 81
Advisory staff: 2
Fee schedule: 1.00% to 3.00% a year
Custodians: Pershing
Headquarters: 161 Madison Avenue, Morristown, NJ 07960-7364
Phone: 973-984-7014
Website: blackhillcapital.com

No. 4 · RIA

McRae Capital Management

McRae Capital Management is an investment adviser based in Morristown, NJ, registered with the SEC since 1981. It provides financial planning and investment management. Its clients include high-net-worth individuals, charitable organizations, and pension and profit-sharing plans. Its regulatory assets under management total $795 million, as filed on 21 September 2026.

McRae Capital Management charges 0.50%–1.00% a year for its Advisory fee schedule.

Regulatory AUM: $795M
Clients: 820
Advisory staff: 5
Founded: 1981
Fee schedule: 0.50% to 1.00% a year
Custodians: Fidelity
Headquarters: 230 Madison Avenue, Morristown, NJ 07960
Phone: 973-387-1080
Website: mcraecapital.com

No. 5 · RIA

Pegasus Asset Management

Pegasus Asset Management is an investment adviser based in Morristown, NJ, registered with the SEC since 1963. It provides investment management. Its clients include high-net-worth individuals, other investment advisers and individual clients. Its regulatory assets under management total $554 million, as filed on 12 June 2026.

Pegasus Asset Management charges 0.50%–1.25% a year for its Investment advisory services.

Regulatory AUM: $554M
Clients: 284
Advisory staff: 3
Founded: 1962
Fee schedule: 0.50% to 1.25% a year
Custodians: Charles Schwab
Headquarters: 44 Whippany Road, Suite 101, Morristown, NJ 07960
Phone: 845-369-9422
Website: pegasusassetmgt.com

Questions about financial advisors in Morristown

How many financial advisor firms are headquartered in Morristown?

5 SEC-registered financial advisor firms report their principal office in Morristown, NJ, managing $16.8B in regulatory assets between them. The other 6 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 Morristown?

Simon Quick Advisors, with $9.01B in regulatory assets under management on its latest Form ADV. The next largest are Beacon Investment Advisory Services ($4.44B) and Blackhill Capital ($2B).

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

How large is a typical financial advisor firm in Morristown?

The median firm manages $2B in regulatory assets. That is the midpoint of the 5 firms headquartered in Morristown.

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

How much do financial advisors in Morristown charge?

Of the 5 largest firms, 4 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 Morristown?

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

Morristown has 5 financial advisor firms; see every adviser in the city →