Top 10 financial advisor firms in Rhode Island

40 SEC-registered financial advisor firms are headquartered in Rhode Island, with $22.7B in combined regulatory assets under management. The largest by assets are Parsons Capital Management ($2.38B), Unison Advisors ($2.02B) and Young Richard C & Co ($1.8B).

40
Financial advisor firms: $22.7B
Their combined AUM: $390M
Median firm AUM: 7,256
Clients of the top 10

The 10 largest by assets

1
Parsons Capital Management
RIA
$2.38B
0.80% to 1.00% a year
2
Unison Advisors
RIA
$2.02B
0.55% to 0.75% a year
3
Young Richard C & Co
RIA
$1.8B
0.55% to 0.80% a year
4
New England Professional Planning Group
RIA
$1.32B
0.30% to 1.00% a year
5
Capital Wealth Management
RIA
$1.14B
0.50% to 1.25% a year
6
McGuire Investment Group
RIA
$1.06B
0.60% to 1.50% a year
7
Strategic Point Investment Advisors
RIA
$915M
0.50% to 1.25% a year
8
Canton Hathaway
RIA
$866M
0.60% to 0.90% a year
9
Wealthcare Investment Partners
RIA
$860M
Up to 1.40%
10
Blue Fin Capital
RIA
$756M
0.85% to 1.25% a year

Profiles of the top 10

No. 1 · RIA

Parsons Capital Management

Parsons Capital Management is an investment adviser based in Providence, RI, registered with the SEC since 1993. 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 $2.38 billion, as filed on 8 April 2026.

Parsons Capital Management charges 0.80%–1.00% a year for its Investment Management Services.

Regulatory AUM: $2.38B
Clients: 746
Advisory staff: 12
Founded: 1993
Fee schedule: 0.80% to 1.00% a year
Custodians: Charles Schwab, Fidelity
Headquarters: 40 Westminster Street, Ste 400, Providence, RI 02903
Phone: 401-521-2440
Website: parsonscapital.com

No. 2 · RIA

Unison Advisors

Unison Advisors is an investment adviser based in Providence, RI, registered with the SEC since 2015. It provides investment management. Its clients include high-net-worth individuals, other investment advisers and charitable organizations. Its regulatory assets under management total $2.02 billion, as filed on 30 March 2026.

Unison Advisors charges 0.55%–0.75% a year for its Investment Management Services.

Regulatory AUM: $2.02B
Clients: 95
Advisory staff: 1
Fee schedule: 0.55% to 0.75% a year
Custodians: Charles Schwab, Northern Trust Securities
Headquarters: 225 Dyer Street, 2nd Floor, Providence, RI 02903
Phone: 646-290-7697
Website: unisonadvisors.com

No. 3 · RIA

Young Richard C & Co

Young Richard C & Co is an investment adviser based in Newport, RI, registered with the SEC since 1990. 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 $1.8 billion, as filed on 25 March 2026.

Young Richard C & Co charges 0.55%–0.80% a year for its Investment Supervisory Services.

Regulatory AUM: $1.8B
Clients: 813
Advisory staff: 8
Founded: 1989
Fee schedule: 0.55% to 0.80% a year
Minimum account: $500,000
Custodians: Fidelity
Headquarters: 98 William Street, Newport, RI 02840
Phone: 401-849-2137
Website: younginvestments.com

No. 4 · RIA

New England Professional Planning Group

New England Professional Planning Group is an investment adviser based in Westerly, RI, registered with the SEC since 1980. 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 $1.32 billion, as filed on 26 March 2026.

New England Professional Planning Group charges 0.30%–1.00% a year for its Ambassador.

Regulatory AUM: $1.32B
Clients: 1,292
Advisory staff: 9
Founded: 1975
Fee schedule: 0.30% to 1.00% a year
Minimum account: $500,000
Custodians: Raymond James, Raymond James
Headquarters: 9 Granite Street, Westerly, RI 02891
Phone: 401-596-2800
Website: ppgadvisors.com

No. 5 · RIA

Capital Wealth Management

Capital Wealth Management is an investment adviser based in West Warwick, RI, registered with the SEC since 2012. 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 $1.14 billion, as filed on 8 July 2026.

Capital Wealth Management charges 0.50%–1.25% a year for its Asset Management Services.

Regulatory AUM: $1.14B
Clients: 655
Advisory staff: 9
Fee schedule: 0.50% to 1.25% a year
Minimum account: $750,000
Custodians: Charles Schwab, Ascensus Trust
Headquarters: 1300 Division Road, Suite 203, West Warwick, RI 02893
Phone: 401-885-1060
Website: capitalwealthllc.com

No. 6 · RIA

McGuire Investment Group

McGuire Investment Group is an investment adviser based in Wakefield, RI, registered with the SEC since 2018. 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 $1.06 billion, as filed on 4 March 2026.

McGuire Investment Group charges 0.60%–1.50% a year for its Standard Graduated Fee Schedule.

Regulatory AUM: $1.06B
Clients: 314
Advisory staff: 3
Fee schedule: 0.60% to 1.50% a year
Custodians: Wells Fargo Clearing Services
Headquarters: 105 Main Street, Wakefield, RI 02879
Phone: 401-364-5000
Website: mcguirewealth.com

No. 7 · RIA

Strategic Point Investment Advisors

Strategic Point Investment Advisors is an investment adviser based in Providence, RI, registered with the SEC since 2002. 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 $915 million, as filed on 30 March 2026.

Strategic Point Investment Advisors charges 0.50%–1.25% a year for its Investment management services fee schedule.

Regulatory AUM: $915M
Clients: 709
Advisory staff: 6
Fee schedule: 0.50% to 1.25% a year
Custodians: Fidelity
Headquarters: 294 West Exchange Street, Providence, RI 02903-1004
Phone: 401-273-1500
Website: strategicpoint.com

No. 8 · RIA

Canton Hathaway

Canton Hathaway is an investment adviser based in Providence, RI, registered with the SEC since 2018. It provides 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 $866 million, as filed on 30 March 2026.

Canton Hathaway charges 0.60%–0.90% a year for its Investment Management Services.

Regulatory AUM: $866M
Clients: 96
Advisory staff: 5
Fee schedule: 0.60% to 0.90% a year
Minimum account: $2,000,000
Custodians: Fidelity
Headquarters: One West Exchange Street, Suite 3202, Providence, RI 02903
Phone: 401-433-7800

No. 9 · RIA

Wealthcare Investment Partners

Wealthcare Investment Partners is an investment adviser based in Portsmouth, RI, registered with the SEC since 2018. 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 $860 million, as filed on 11 August 2026.

Wealthcare Investment Partners charges up to 1.40% for its Wealth Management Services. The brochure does not state whether the rate is annual.

Regulatory AUM: $860M
Clients: 1,853
Advisory staff: 5
Fee schedule: Up to 1.40%
Custodians: Charles Schwab
Headquarters: 35 Dyer Street, Portsmouth, RI 02871
Phone: 401-682-2335

No. 10 · RIA

Blue Fin Capital

Blue Fin Capital is an investment adviser based in Warren, RI, registered with the SEC since 1998. It provides investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $756 million, as filed on 11 March 2026.

Blue Fin Capital charges 0.85%–1.25% a year for its Portfolio Management Services.

Regulatory AUM: $756M
Clients: 683
Advisory staff: 2
Founded: 1996
Fee schedule: 0.85% to 1.25% a year
Custodians: Fidelity
Headquarters: 91 Main Street, Suite 118, Warren, RI 02885
Phone: 401-454-0772
Website: bluefincapital.com

Questions about financial advisors in Rhode Island

How many financial advisor firms are headquartered in Rhode Island?

40 SEC-registered financial advisor firms report their principal office in Rhode Island, managing $22.7B in regulatory assets between them. The other 8 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 Rhode Island?

Parsons Capital Management, with $2.38B in regulatory assets under management on its latest Form ADV. The next largest are Unison Advisors ($2.02B) and Young Richard C & Co ($1.8B).

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

How large is a typical financial advisor firm in Rhode Island?

The median firm manages $390M in regulatory assets. That is the midpoint of the 40 firms headquartered in Rhode Island.

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

How much do financial advisors in Rhode Island charge?

Of the 10 largest firms, 10 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 0.75% 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 Rhode Island?

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

Rhode Island has 40 financial advisor firms; see every adviser in the state →

The 10 largest by assets

Profiles of the top 10

Questions about financial advisors in Rhode Island

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