Top 10 financial advisor firms in Philadelphia

16 SEC-registered financial advisor firms are headquartered in Philadelphia, PA, with $40.7B in combined regulatory assets under management. The largest by assets are Mycio Wealth Partners ($15.8B), Wescott Financial Advisory Group ($4.16B) and Bryn Mawr Trust Advisors ($3.51B).

16
Financial advisor firms: $40.7B
Their combined AUM: $1.75B
Median firm AUM: 6,820
Clients of the top 10

The 10 largest by assets

1
Mycio Wealth Partners
RIA
$15.8B
0.04% to 0.50% a year
2
Wescott Financial Advisory Group
RIA
$4.16B
0.50% to 1.25% a year
3
Bryn Mawr Trust Advisors
RIA
$3.51B
0.30% to 1.00% a year
4
Roffman Milller Associates
RIA
$3.2B
0.75% to 1.00%
5
Elm Partners Management
RIA
$3.02B
0.12% to 0.12% a year
6
RTD Financial Advisors
RIA
$2.72B
Regulatory AUM
7
Corient SHC Wealth Management (US)
RIA
$2.34B
0.25% to 1.50% a year
8
Mitchell Sinkler & Starr
RIA
$1.79B
0.13% to 0.75% a year
9
Corient SHC Partners (US)
RIA
$1.71B
0.25% to 1.50% a year
10
Prudent Management Associates
RIA
$1.23B
0.50% to 0.75%

Profiles of the top 10

No. 1 · RIA

Mycio Wealth Partners

Mycio Wealth Partners is an investment adviser based in Philadelphia, PA, registered with the SEC since 2005. 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 $15.8 billion, as filed on 31 July 2026.

Mycio Wealth Partners charges 0.04%–0.50% a year for its Investment Advisory Services.

Regulatory AUM: $15.8B
Clients: 943
Advisory staff: 46
Fee schedule: 0.04% to 0.50% a year
Minimum account: $1,000,000
Custodians: Charles Schwab
Headquarters: 3025 JFK BLVD, Suite 710, Philadelphia, PA 19104-5976
Phone: 267-295-2280
Website: myciowp.com

No. 2 · RIA

Wescott Financial Advisory Group

Wescott Financial Advisory Group is an investment adviser based in Philadelphia, PA, registered with the SEC since 1987. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and charitable organizations. Its regulatory assets under management total $4.16 billion, as filed on 21 April 2026.

Wescott Financial Advisory Group charges 0.50%–1.25% a year for its Wealth Management Program Services.

Regulatory AUM: $4.16B
Clients: 787
Advisory staff: 27
Fee schedule: 0.50% to 1.25% a year
Minimum account: $2,000,000
Custodians: Charles Schwab, Fidelity
Headquarters: 30 South 17th Street, Philadelphia, PA 19103-4196
Phone: 215-979-1619
Website: wescott.com

No. 3 · RIA

Bryn Mawr Trust Advisors

Bryn Mawr Trust Advisors is an investment adviser based in Philadelphia, PA, registered with the SEC since 2016. 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 $3.51 billion, as filed on 21 July 2026.

Bryn Mawr Trust Advisors charges 0.30%–1.00% a year for its Investment Management Fees.

Regulatory AUM: $3.51B
Clients: 1,409
Advisory staff: 55
Founded: 2016
Fee schedule: 0.30% to 1.00% a year
Custodians: Fidelity, Charles Schwab
Headquarters: 1818 Market Street, 22nd Floor, Philadelphia, PA 19103
Phone: 215-731-1820
Website: bmt.com

No. 4 · RIA

Roffman Milller Associates

Roffman Milller Associates is an investment adviser based in Philadelphia, PA, registered with the SEC since 1991. 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 $3.2 billion, as filed on 25 August 2026.

Roffman Milller Associates charges 0.75%–1.00% for its Equities & Structured Products. The brochure does not state whether the rate is annual.

Regulatory AUM: $3.2B
Clients: 1,598
Advisory staff: 14
Founded: 1990
Fee schedule: 0.75% to 1.00%
Custodians: Charles Schwab
Headquarters: 1835 Market Street, Suite 500, Philadelphia, PA 19103
Phone: 215-981-1030
Website: roffmanmiller.com

No. 5 · RIA

Elm Partners Management

Elm Partners Management is an investment adviser based in Philadelphia, PA, registered with the SEC since 2013. It provides financial planning and investment management. Its clients include high-net-worth individuals, investment companies and pooled investment vehicles. Its regulatory assets under management total $3.02 billion, as filed on 3 September 2026.

Elm Partners Management charges 0.12% a year for its Managed Account Investment Program.

Regulatory AUM: $3.02B
Clients: 655
Advisory staff: 7
Fee schedule: 0.12% to 0.12% a year
Minimum account: $2,000,000
Custodians: Fidelity, Charles Schwab, J.P. Morgan
Headquarters: 50 S 16th St., FL 18 Ste C, Philadelphia, PA 19102
Phone: 888-676-3148
Website: elmwealth.com

No. 6 · RIA

RTD Financial Advisors

RTD Financial Advisors is an investment adviser based in Philadelphia, PA, registered with the SEC since 1983. 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 $2.72 billion, as filed on 26 February 2026.

Regulatory AUM: $2.72B
Clients: 837
Advisory staff: 22
Custodians: Charles Schwab, John Hancock Investment Management Distributors
Headquarters: 30 S. 17th Street, Ste 1620, Philadelphia, PA 19103
Phone: 215-557-3800
Website: rtdfinancial.com

No. 7 · RIA

Corient SHC Wealth Management (US)

Corient SHC Wealth Management (US) is an investment adviser based in Philadelphia, PA, registered with the SEC since 2009. It provides financial planning and investment management. Its clients include high-net-worth individuals and investment companies. Its regulatory assets under management total $2.34 billion, as filed on 13 July 2026.

Corient SHC Wealth Management (US) charges 0.25%–1.50% a year for its Investment Management Fees.

Regulatory AUM: $2.34B
Clients: 74
Advisory staff: 22
Fee schedule: 0.25% to 1.50% a year
Custodians: Fidelity
Headquarters: Two Liberty Place, Floor 34, Philadelphia, PA 19102
Phone: 610-545-6100
Website: corient.com

No. 8 · RIA

Mitchell Sinkler & Starr

Mitchell Sinkler & Starr is an investment adviser based in Philadelphia, PA, registered with the SEC since 1972. It provides financial planning and investment management. Its clients include high-net-worth individuals and charitable organizations. Its regulatory assets under management total $1.79 billion, as filed on 23 March 2026.

Mitchell Sinkler & Starr charges 0.125%–0.75% a year for its Fee Schedule.

Regulatory AUM: $1.79B
Clients: 247
Advisory staff: 5
Fee schedule: 0.13% to 0.75% a year
Minimum account: $2,000,000
Custodians: Charles Schwab
Headquarters: Two Penn Center Plaza, Suite 1320, Philadelphia, PA 19102
Phone: 215-665-1450
Website: mssadvisors.com

No. 9 · RIA

Corient SHC Partners (US)

Corient SHC Partners (US) is an investment adviser based in Philadelphia, PA, registered with the SEC since 2017. It provides financial planning and investment management. Its clients include high-net-worth individuals and pooled investment vehicles. Its regulatory assets under management total $1.71 billion, as filed on 13 July 2026.

Corient SHC Partners (US) charges 0.25%–1.50% a year for its Investment Management Fees.

Regulatory AUM: $1.71B
Clients: 39
Advisory staff: 22
Fee schedule: 0.25% to 1.50% a year
Custodians: Fidelity
Headquarters: Two Liberty Place, 50 S. 16th Street, Floor 34, Philadelphia, PA 19102
Phone: 610-545-6100

No. 10 · RIA

Prudent Management Associates

Prudent Management Associates is an investment adviser based in Philadelphia, PA, registered with the SEC since 1983. 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 $1.23 billion, as filed on 27 March 2026.

Prudent Management Associates charges 0.50%–0.75% for its Basic fee schedule. The brochure does not state whether the rate is annual.

Regulatory AUM: $1.23B
Clients: 231
Advisory staff: 6
Founded: 1982
Fee schedule: 0.50% to 0.75%
Minimum account: $1,000,000
Custodians: Fidelity
Headquarters: 2001 Market Street, Suite 3910, Philadelphia, PA 19103
Phone: 215-994-1062
Website: prudentmanagement.com

Questions about financial advisors in Philadelphia

How many financial advisor firms are headquartered in Philadelphia?

16 SEC-registered financial advisor firms report their principal office in Philadelphia, PA, managing $40.7B in regulatory assets between them. The other 35 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 Philadelphia?

Mycio Wealth Partners, with $15.8B in regulatory assets under management on its latest Form ADV. The next largest are Wescott Financial Advisory Group ($4.16B) and Bryn Mawr Trust Advisors ($3.51B).

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

How large is a typical financial advisor firm in Philadelphia?

The median firm manages $1.75B in regulatory assets. That is the midpoint of the 16 firms headquartered in Philadelphia.

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

How much do financial advisors in Philadelphia 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 0.12% 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 Philadelphia?

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

Philadelphia has 16 financial advisor firms; see every adviser in the city →

The 10 largest by assets

Profiles of the top 10

Questions about financial advisors in Philadelphia

Top financial advisor firms in other Pennsylvania cities