Top 10 financial advisor firms in Tennessee

135 SEC-registered financial advisor firms are headquartered in Tennessee, with $89.6B in combined regulatory assets under management. The largest by assets are SageSpring Wealth Partners ($8.49B), Calydon Capital ($3.58B) and Red Door Wealth Management ($3.09B).

135
Financial advisor firms: $89.6B
Their combined AUM: $351M
Median firm AUM: 19,769
Clients of the top 10

The 10 largest by assets

1
SageSpring Wealth Partners
RIA
$8.49B
Up to 2.25% a year
2
Calydon Capital
RIA
$3.58B
0.10% to 1.50% a year
3
Red Door Wealth Management
RIA
$3.09B
0.50% to 1.25% a year
4
Legacy Wealth Management
RIA
$2.66B
0.40% to 1.00% a year
5
Rather & Kittrell
RIA
$2.25B
0.25% to 1.25% a year
6
LBMC Investment Advisors
RIA
$2.23B
0.50% to 1.00% a year
7
Patten and Patten
RIA
$2.21B
0.38% to 0.75% a year
8
Capwealth Advisors
RIA
$2.03B
0.50% to 1.25% a year
9
Woodmont Investment Counsel
RIA
$2.01B
Regulatory AUM
10
Lee Danner & Bass
RIA
$1.98B
0.50% to 0.75% a year

Profiles of the top 10

No. 1 · RIA

SageSpring Wealth Partners

SageSpring Wealth Partners is an investment adviser based in Franklin, TN, 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 $8.49 billion, as filed on 1 July 2026.

SageSpring Wealth Partners charges up to 2.25% a year for its Investment Management Services.

Regulatory AUM: $8.49B
Clients: 11,623
Advisory staff: 100
Fee schedule: Up to 2.25% a year
Custodians: Fidelity
Headquarters: 701 Cool Springs BLVD, Suite 500, Franklin, TN 37067
Phone: 615-861-6100
Website: sagespring.com

No. 2 · RIA

Calydon Capital

Calydon Capital is an investment adviser based in Memphis, TN, registered with the SEC since 2016. It provides investment management. Its clients include high-net-worth individuals, other investment advisers and pooled investment vehicles. Its regulatory assets under management total $3.58 billion, as filed on 1 April 2026.

Calydon Capital charges 0.10%–1.50% a year for its Investment Management Fees.

Regulatory AUM: $3.58B
Clients: 297
Advisory staff: 4
Fee schedule: 0.10% to 1.50% a year
Custodians: Fidelity, Charles Schwab
Headquarters: 999 Shady Grove RD South, Suite 106, Memphis, TN 38120
Phone: 844-678-6900
Website: calydoncap.com

No. 3 · RIA

Red Door Wealth Management

Red Door Wealth Management is an investment adviser based in Memphis, TN, registered with the SEC since 2014. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and pooled investment vehicles. Its regulatory assets under management total $3.09 billion, as filed on 31 July 2026.

Red Door Wealth Management charges 0.50%–1.25% a year for its Portfolio Management Services.

Regulatory AUM: $3.09B
Clients: 955
Advisory staff: 10
Founded: 2010
Fee schedule: 0.50% to 1.25% a year
Custodians: Charles Schwab
Headquarters: 965 Ridge Lake BLVD, Suite 105, Memphis, TN 38120
Phone: 901-681-0018
Website: reddoorwealth.com

No. 4 · RIA

Legacy Wealth Management

Legacy Wealth Management is an investment adviser based in Memphis, TN, registered with the SEC since 1982. 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 $2.66 billion, as filed on 13 March 2026.

Legacy Wealth Management charges 0.40%–1.00% a year for its Wealth Management.

Regulatory AUM: $2.66B
Clients: 1,475
Advisory staff: 16
Founded: 1982
Fee schedule: 0.40% to 1.00% a year
Custodians: Charles Schwab, Fidelity
Headquarters: 1715 Aaron Brenner DR., Suite 301, Memphis, TN 38120-1443
Phone: 901-758-9006
Website: legacywealthmanagement.com

No. 5 · RIA

Rather & Kittrell

Rather & Kittrell is an investment adviser based in Knoxville, TN, registered with the SEC since 2006. 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 $2.25 billion, as filed on 7 August 2026.

Rather & Kittrell charges 0.25%–1.25% a year for its Wealth Management Services.

Regulatory AUM: $2.25B
Clients: 1,110
Advisory staff: 17
Fee schedule: 0.25% to 1.25% a year
Minimum account: $500,000
Custodians: Fidelity
Headquarters: 11905 Kingston Pike, Knoxville, TN 37934
Phone: 865-218-8400
Website: rkcapital.com

No. 6 · RIA

LBMC Investment Advisors

LBMC Investment Advisors is an investment adviser based in Brentwood, TN, 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 $2.23 billion, as filed on 27 March 2026.

LBMC Investment Advisors charges 0.50%–1.00% a year for its Portfolio Management.

Regulatory AUM: $2.23B
Clients: 513
Advisory staff: 3
Founded: 1998
Fee schedule: 0.50% to 1.00% a year
Custodians: Fidelity, Charles Schwab
Headquarters: 201 Franklin Road, Suite 400, Brentwood, TN 37027
Phone: 615-377-4603
Website: lbmcinvestmentadvisors.com

No. 7 · RIA

Patten and Patten

Patten and Patten is an investment adviser based in Chattanooga, TN, registered with the SEC since 1976. It provides investment management. Its clients include high-net-worth individuals, charitable organizations and individual clients. Its regulatory assets under management total $2.21 billion, as filed on 16 March 2026.

Patten and Patten charges 0.375%–0.75% a year for its Standard Management Fee Schedule.

Regulatory AUM: $2.21B
Clients: 879
Advisory staff: 3
Founded: 1976
Fee schedule: 0.38% to 0.75% a year
Custodians: Charles Schwab
Headquarters: 555 Walnut Street, Suite 280, Chattanooga, TN 37402
Phone: 423-756-3480
Website: patteninc.com

No. 8 · RIA

Capwealth Advisors

Capwealth Advisors is an investment adviser based in Franklin, TN, registered with the SEC since 2009. 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 $2.03 billion, as filed on 30 March 2026.

Capwealth Advisors charges 0.50%–1.25% a year for its Investment Advisory Accounts.

Regulatory AUM: $2.03B
Clients: 1,429
Advisory staff: 11
Founded: 2009
Fee schedule: 0.50% to 1.25% a year
Minimum account: $1,000,000
Custodians: Charles Schwab
Headquarters: 4031 Aspen Grove Drive, Suite 600, Franklin, TN 37067
Phone: 615-778-0740
Website: capwealthadvisors.com

No. 9 · RIA

Woodmont Investment Counsel

Woodmont Investment Counsel is an investment adviser based in Nashville, TN, registered with the SEC since 2000. It provides financial planning and investment management. Its clients include high-net-worth individuals, charitable organizations and individual clients. Its regulatory assets under management total $2.01 billion, as filed on 20 March 2026.

Regulatory AUM: $2.01B
Clients: 468
Advisory staff: 11
Founded: 2000
Custodians: Charles Schwab
Headquarters: 3825 Bedford Ave, Suite 202, Nashville, TN 37215
Phone: 615-297-6144
Website: woodmontcounsel.com

No. 10 · RIA

Lee Danner & Bass

Lee Danner & Bass is an investment adviser based in Nashville, TN, registered with the SEC since 1987. It provides investment management. Its clients include high-net-worth individuals, charitable organizations, and corporations and other businesses. Its regulatory assets under management total $1.98 billion, as filed on 1 July 2026.

Lee Danner & Bass charges 0.50%–0.75% a year for its Discretionary portfolio management.

Regulatory AUM: $1.98B
Clients: 1,020
Advisory staff: 6
Founded: 1988
Fee schedule: 0.50% to 0.75% a year
Custodians: Fidelity, Charles Schwab
Headquarters: 3100 West End Avenue, Suite 1250, Nashville, TN 37203
Phone: 615-244-7775
Website: leedannerbass.com

Questions about financial advisors in Tennessee

How many financial advisor firms are headquartered in Tennessee?

135 SEC-registered financial advisor firms report their principal office in Tennessee, managing $89.6B in regulatory assets between them. The other 74 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 Tennessee?

SageSpring Wealth Partners, with $8.49B in regulatory assets under management on its latest Form ADV. The next largest are Calydon Capital ($3.58B) and Red Door Wealth Management ($3.09B).

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

How large is a typical financial advisor firm in Tennessee?

The median firm manages $351M in regulatory assets. That is the midpoint of the 135 firms headquartered in Tennessee.

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

How much do financial advisors in Tennessee 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 0.75% to 2.25% 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 Tennessee?

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

Tennessee has 135 financial advisor firms; see every adviser in the state →

The 10 largest by assets

Profiles of the top 10

Questions about financial advisors in Tennessee

Top financial advisor firms by city in Tennessee