Top 9 financial advisor firms in Asheville

9 SEC-registered financial advisor firms are headquartered in Asheville, NC, with $2.79B in combined regulatory assets under management. The largest by assets are Colton Groome Financial Advisors ($725M), ACT Advisors ($499M) and Altamont Capital Management ($412M).

9
Financial advisor firms: $2.79B
Their combined AUM: $258M
Median firm AUM: 2,265
Clients of the top 9

The 9 largest by assets

1
Colton Groome Financial Advisors
RIA
$725M
0.31% to 0.99%
2
ACT Advisors
RIA
$499M
Regulatory AUM
3
Altamont Capital Management
RIA
$412M
0.60% to 1.25% a year
4
Joel Adams and Associates
RIA
$306M
0.75% to 1.25% a year
5
Horizons Wealth Management
RIA
$258M
Regulatory AUM
6
McGrath & Associates
RIA
$156M
1.00% to 1.00% a year
7
Shining Rock Advisors
RIA
$154M
0.50% to 1.00% a year
8
White Oak Financial Management
RIA
$143M
Regulatory AUM
9
Wells Financial Management
RIA
$133M
0.50% to 1.25% a year

Profiles of the top 9

No. 1 · RIA

Colton Groome Financial Advisors

Colton Groome Financial Advisors is an investment adviser based in Asheville, NC, 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 $725 million, as filed on 3 September 2026.

Colton Groome Financial Advisors charges 0.31%–0.99% for its Investment Advisory Service Fees. The brochure does not state whether the rate is annual.

Regulatory AUM: $725M
Clients: 362
Advisory staff: 13
Founded: 2003
Fee schedule: 0.31% to 0.99%
Custodians: Charles Schwab, Fidelity
Headquarters: 1127-B Hendersonville Road, Asheville, NC 28803
Phone: 828-252-1816
Website: coltongroome.com

No. 2 · RIA

ACT Advisors

ACT Advisors is an investment adviser based in Asheville, NC, 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 $499 million, as filed on 30 March 2026.

Regulatory AUM: $499M
Clients: 428
Advisory staff: 4
Founded: 2014
Custodians: LPL Financial, Charles Schwab
Headquarters: 521 College Street, Asheville, NC 28801
Phone: 828-398-2802
Website: act-advisors.com

No. 3 · RIA

Altamont Capital Management

Altamont Capital Management is an investment adviser based in Asheville, NC, registered with the SEC since 2016. 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 $412 million, as filed on 28 January 2026.

Altamont Capital Management charges 0.60%–1.25% a year for its Advisor Services.

Regulatory AUM: $412M
Clients: 163
Advisory staff: 2
Fee schedule: 0.60% to 1.25% a year
Custodians: Charles Schwab, Mid Atlantic Trust
Headquarters: 100 Coxe Avenue, Asheville, NC 28801
Phone: 828-236-0610

No. 4 · RIA

Joel Adams and Associates

Joel Adams and Associates is an investment adviser based in Asheville, NC, registered with the SEC since 2022. 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 $306 million, as filed on 26 February 2026.

Joel Adams and Associates charges 0.75%–1.25% a year for its Wealth Management Services.

Regulatory AUM: $306M
Clients: 284
Advisory staff: 2
Founded: 1994
Fee schedule: 0.75% to 1.25% a year
Custodians: Raymond James
Headquarters: 545 Merrimon Avenue, Asheville, NC 28804
Phone: 828-251-9700
Website: joeladamsasheville.com

No. 5 · RIA

Horizons Wealth Management

Horizons Wealth Management is an investment adviser based in Asheville, NC, 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 $258 million, as filed on 23 January 2026.

Regulatory AUM: $258M
Clients: 286
Advisory staff: 3
Founded: 2007
Custodians: Charles Schwab
Headquarters: 82 Patton Ave., Suite 206, Asheville, NC 28801
Phone: 828-337-9395
Website: horizonswealth.com

No. 6 · RIA

McGrath & Associates

McGrath & Associates is an investment adviser based in Asheville, NC, registered with the SEC since 2022. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $156 million, as filed on 2 April 2026.

McGrath & Associates charges 1.00% a year for its Portfolio Management Services.

Regulatory AUM: $156M
Clients: 268
Advisory staff: 2
Fee schedule: 1.00% to 1.00% a year
Custodians: Charles Schwab
Headquarters: 12a Bay Street, Asheville, NC 28801
Phone: 828-252-8228
Website: holmcg.com

No. 7 · RIA

Shining Rock Advisors

Shining Rock Advisors is an investment adviser based in Asheville, NC, registered with the SEC since 2022. It provides investment management. Its clients include high-net-worth individuals, charitable organizations and individual clients. Its regulatory assets under management total $154 million, as filed on 16 March 2026.

Shining Rock Advisors charges 0.50%–1.00% a year for its Investment Advisory Services Fees.

Regulatory AUM: $154M
Clients: 26
Advisory staff: 2
Fee schedule: 0.50% to 1.00% a year
Custodians: Charles Schwab
Headquarters: 34 Wall Street, Asheville, NC 28801
Phone: 828-380-0071
Website: shiningrockadvisors.com

No. 8 · RIA

White Oak Financial Management

White Oak Financial Management is an investment adviser based in Asheville, NC, registered with the SEC since 2024. 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 $143 million, as filed on 13 January 2026.

Regulatory AUM: $143M
Clients: 350
Advisory staff: 3
Custodians: Fidelity
Headquarters: 1270 Hendersonville Road, Suite #4, Asheville, NC 28803
Phone: 828-274-7844
Website: whiteoakfinancialmanagement.com

No. 9 · RIA

Wells Financial Management

Wells Financial Management is an investment adviser based in Asheville, NC, registered with the SEC since 2022. 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 $133 million, as filed on 9 March 2026.

Wells Financial Management charges 0.50%–1.25% a year for its Investment Portfolio Management.

Regulatory AUM: $133M
Clients: 98
Advisory staff: 1
Fee schedule: 0.50% to 1.25% a year
Custodians: Charles Schwab
Headquarters: 56 Central Avenue, Suite 105, Asheville, NC 28801
Phone: 828-252-4144
Website: wellsfm.com

Questions about financial advisors in Asheville

How many financial advisor firms are headquartered in Asheville?

9 SEC-registered financial advisor firms report their principal office in Asheville, NC, managing $2.79B in regulatory assets between them. The other 3 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 Asheville?

Colton Groome Financial Advisors, with $725M in regulatory assets under management on its latest Form ADV. The next largest are ACT Advisors ($499M) and Altamont Capital Management ($412M).

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

How large is a typical financial advisor firm in Asheville?

The median firm manages $258M in regulatory assets. That is the midpoint of the 9 firms headquartered in Asheville.

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

How much do financial advisors in Asheville charge?

Of the 9 largest firms, 6 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 0.99% to 1.25% 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 Asheville?

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

Asheville has 9 financial advisor firms; see every adviser in the city →

The 9 largest by assets

Profiles of the top 9

Questions about financial advisors in Asheville

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