Top 10 financial advisor firms in Memphis

22 SEC-registered financial advisor firms are headquartered in Memphis, TN, with $20.2B in combined regulatory assets under management. The largest by assets are Calydon Capital ($3.58B), Red Door Wealth Management ($3.09B) and Legacy Wealth Management ($2.66B).

22
Financial advisor firms: $20.2B
Their combined AUM: $449M
Median firm AUM: 6,331
Clients of the top 10

The 10 largest by assets

1
Calydon Capital
RIA
$3.58B
0.10% to 1.50% a year
2
Red Door Wealth Management
RIA
$3.09B
0.50% to 1.25% a year
3
Legacy Wealth Management
RIA
$2.66B
0.40% to 1.00% a year
4
Steel Grove Capital Advisors
RIA
$1.64B
Up to 1.00% a year
5
Delta Asset Management
RIA
$1.53B
0.15% to 1.00%
6
TD Capital Management
RIA
$1.24B
0.40% to 1.00% a year
7
Summit Asset Management
RIA
$1.08B
0.25% to 1.00% a year
8
Kelman Lazarov
RIA
$895M
Regulatory AUM
9
Private Wealth Management
RIA
$832M
Up to 0.75% a year
10
Kimery Wealth Management
RIA
$555M
Up to 2.00% a year

Profiles of the top 10

No. 1 · 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. 2 · 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. 3 · 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. 4 · RIA

Steel Grove Capital Advisors

Steel Grove Capital Advisors is an investment adviser based in Memphis, TN, registered with the SEC since 2001. It provides financial planning and investment management. Its clients include high-net-worth individuals, charitable organizations and state or municipal government entities. Its regulatory assets under management total $1.64 billion, as filed on 29 September 2026.

Steel Grove Capital Advisors charges up to 1.00% a year for its Wealth Management Services.

Regulatory AUM: $1.64B
Clients: 884
Advisory staff: 7
Founded: 2001
Fee schedule: Up to 1.00% a year
Custodians: Charles Schwab
Headquarters: 5100 Poplar Avenue, Suite 3100, Memphis, TN 38137
Phone: 901-498-6300
Website: steelgrove.com

No. 5 · RIA

Delta Asset Management

Delta Asset Management is an investment adviser based in Memphis, TN, registered with the SEC since 2001. 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 $1.53 billion, as filed on 22 July 2026.

Delta Asset Management charges 0.15%–1.00% for its Investment advisory services. The brochure does not state whether the rate is annual.

Regulatory AUM: $1.53B
Clients: 556
Advisory staff: 6
Founded: 1989
Fee schedule: 0.15% to 1.00%
Custodians: Charles Schwab
Headquarters: 700 Colonial RD, Suite 220, Memphis, TN 38117
Phone: 901-767-4791
Website: deltaasset.com

No. 6 · RIA

TD Capital Management

TD Capital Management is an investment adviser based in Memphis, TN, registered with the SEC since 1996. 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 $1.24 billion, as filed on 26 August 2026.

TD Capital Management charges 0.40%–1.00% a year for its Portfolio Management Fees.

Regulatory AUM: $1.24B
Clients: 451
Advisory staff: 8
Founded: 1996
Fee schedule: 0.40% to 1.00% a year
Custodians: Fidelity
Headquarters: 5100 Poplar Avenue, Suite 2904, Memphis, TN 38137-1400
Phone: 901-681-0021
Website: tdcapitalmanagement.com

No. 7 · RIA

Summit Asset Management

Summit Asset Management is an investment adviser based in Memphis, TN, registered with the SEC since 1999. 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 $1.08 billion, as filed on 16 March 2026.

Summit Asset Management charges 0.25%–1.00% a year for its Portfolio management fees.

Regulatory AUM: $1.08B
Clients: 532
Advisory staff: 6
Founded: 1991
Fee schedule: 0.25% to 1.00% a year
Custodians: Charles Schwab
Headquarters: 5100 Wheelis Drive, Suite 107, Memphis, TN 38117
Phone: 901-729-8100
Website: summitassetmanagement.com

No. 8 · RIA

Kelman Lazarov

Kelman Lazarov is an investment adviser based in Memphis, TN, registered with the SEC since 1993. 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 $895 million, as filed on 31 March 2026.

Regulatory AUM: $895M
Clients: 579
Advisory staff: 13
Custodians: Charles Schwab, Fidelity
Headquarters: 5100 Poplar Ave, Ste 2805, Memphis, TN 38137-2805
Phone: 901-685-8284
Website: kelman-lazarov.com

No. 9 · RIA

Private Wealth Management

Private Wealth Management is an investment adviser based in Memphis, TN, registered with the SEC since 2002. 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 $832 million, as filed on 13 March 2026.

Private Wealth Management charges up to 0.75% a year for its Investment Advisory Services.

Regulatory AUM: $832M
Clients: 131
Advisory staff: 4
Fee schedule: Up to 0.75% a year
Minimum account: $1,000,000
Custodians: Charles Schwab
Headquarters: 3725 Champion Hills DR., Suite 1400, Memphis, TN 38125
Phone: 901-322-4212

No. 10 · RIA

Kimery Wealth Management

Kimery Wealth Management is an investment adviser based in Memphis, TN, registered with the SEC since 2017. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $555 million, as filed on 11 September 2026.

Kimery Wealth Management charges up to 2.00% a year for its Wrap Portfolio Management.

Regulatory AUM: $555M
Clients: 471
Advisory staff: 6
Founded: 2017
Fee schedule: Up to 2.00% a year
Custodians: Charles Schwab
Headquarters: 6410 Poplar Avenue, Suite 100 Tower 2, Memphis, TN 38119
Phone: 901-291-5500
Website: kimerywealth.com

Questions about financial advisors in Memphis

How many financial advisor firms are headquartered in Memphis?

22 SEC-registered financial advisor firms report their principal office in Memphis, TN, managing $20.2B in regulatory assets between them. The other 19 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 Memphis?

Calydon Capital, with $3.58B in regulatory assets under management on its latest Form ADV. The next largest are Red Door Wealth Management ($3.09B) and Legacy Wealth Management ($2.66B).

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

How large is a typical financial advisor firm in Memphis?

The median firm manages $449M in regulatory assets. That is the midpoint of the 22 firms headquartered in Memphis.

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

How much do financial advisors in Memphis 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 2.00% 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 Memphis?

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

Memphis has 22 financial advisor firms; see every adviser in the city →

The 10 largest by assets

Profiles of the top 10

Questions about financial advisors in Memphis

Top financial advisor firms in other Tennessee cities