Top 6 financial advisor firms in Waukesha

6 SEC-registered financial advisor firms are headquartered in Waukesha, WI, with $12.3B in combined regulatory assets under management. The largest by assets are Provident Trust ($6.86B), Ellenbecker Investment Group ($2.06B) and IAG Wealth Partners ($1.87B).

6
Financial advisor firms: $12.3B
Their combined AUM: $1.32B
Median firm AUM: 13,053
Clients of the top 6

The 6 largest by assets

1
Provident Trust
RIA
$6.86B
0.60% to 1.00% a year
2
Ellenbecker Investment Group
RIA
$2.06B
Regulatory AUM
3
IAG Wealth Partners
RIA
$1.87B
Up to 1.75% a year
4
Global View Capital Management
RIA
$775M
Regulatory AUM
5
Drake & Associates
RIA
$607M
0.65% to 1.50% a year
6
Morgan-Aly Wealth Management
RIA
$105M
1.00% to 1.25% a year

Profiles of the top 6

No. 1 · RIA

Provident Trust

Provident Trust is an investment adviser based in Waukesha, WI, registered with the SEC since 2000. It provides investment management. Its clients include high-net-worth individuals, charitable organizations and investment companies. Its regulatory assets under management total $6.86 billion, as filed on 8 April 2026.

Provident Trust charges 0.60%–1.00% a year for its Separate account standard fee schedule.

Regulatory AUM: $6.86B
Clients: 1,037
Advisory staff: 2
Fee schedule: 0.60% to 1.00% a year
Minimum account: $3,000,000
Custodians: Northern Trust Securities
Headquarters: N16 W23217 Stone Ridge Drive, Suite 310, Waukesha, WI 53188-1199
Phone: 262-521-2300
Website: provtrust.com

No. 2 · RIA

Ellenbecker Investment Group

Ellenbecker Investment Group is an investment adviser based in Waukesha, WI, registered with the SEC since 2014. 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 $2.06 billion, as filed on 27 March 2026.

Regulatory AUM: $2.06B
Clients: 2,283
Advisory staff: 13
Founded: 1996
Custodians: Charles Schwab
Headquarters: N21 W23350 Ridgeview Parkway, Waukesha, WI 53188
Phone: 262-691-3200

No. 3 · RIA

IAG Wealth Partners

IAG Wealth Partners is an investment adviser based in Waukesha, WI, 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 $1.87 billion, as filed on 27 March 2026.

IAG Wealth Partners charges up to 1.75% a year for its Investment Advisory Service Fee.

Regulatory AUM: $1.87B
Clients: 2,356
Advisory staff: 15
Fee schedule: Up to 1.75% a year
Custodians: LPL Financial
Headquarters: N19 W24200 Riverwood Drive, Suite 150, Waukesha, WI 53188
Phone: 262-446-8150
Website: iagwealthpartners.com

No. 4 · RIA

Global View Capital Management

Global View Capital Management is an investment adviser based in Waukesha, WI, registered with the SEC since 2011. It provides financial planning and investment management. Its clients include individual clients, high-net-worth individuals, and corporations and other businesses. Its regulatory assets under management total $775 million, as filed on 25 August 2026.

Regulatory AUM: $775M
Clients: 3,819
Advisory staff: 107
Custodians: Axos Clearing, Charles Schwab
Headquarters: N14 W23833 Stone Ridge DR - Suite 350, Waukesha, WI 53188
Phone: 262-650-1030
Website: gvcmanagement.com

No. 5 · RIA

Drake & Associates

Drake & Associates is an investment adviser based in Waukesha, WI, registered with the SEC since 2019. It provides financial planning and investment management. Its clients include individual clients and high-net-worth individuals. Its regulatory assets under management total $607 million, as filed on 30 September 2026.

Drake & Associates charges 0.65%–1.50% a year for its Investment Supervisory Services.

Regulatory AUM: $607M
Clients: 3,401
Advisory staff: 15
Fee schedule: 0.65% to 1.50% a year
Custodians: Charles Schwab
Headquarters: 20965 Crossroads Circle, Waukesha, WI 53186
Phone: 414-409-7226
Website: drakeandassociates.net

No. 6 · RIA

Morgan-Aly Wealth Management

Morgan-Aly Wealth Management is an investment adviser based in Waukesha, WI, registered with the SEC since 2026. It provides investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $105 million, as filed on 2 April 2026.

Morgan-Aly Wealth Management charges 1.00%–1.25% a year for its Asset Management.

Regulatory AUM: $105M
Clients: 157
Advisory staff: 2
Fee schedule: 1.00% to 1.25% a year
Custodians: LPL Financial
Headquarters: N4W22370 Bluemound RD, Suite 204, Waukesha, WI 53186
Phone: 262-691-0100
Website: morgan-aly.com

Questions about financial advisors in Waukesha

How many financial advisor firms are headquartered in Waukesha?

6 SEC-registered financial advisor firms report their principal office in Waukesha, WI, managing $12.3B in regulatory assets between them. The other 2 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 Waukesha?

Provident Trust, with $6.86B in regulatory assets under management on its latest Form ADV. The next largest are Ellenbecker Investment Group ($2.06B) and IAG Wealth Partners ($1.87B).

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

How large is a typical financial advisor firm in Waukesha?

The median firm manages $1.32B in regulatory assets. That is the midpoint of the 6 firms headquartered in Waukesha.

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

How much do financial advisors in Waukesha charge?

Of the 6 largest firms, 4 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.00% to 1.75% 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 Waukesha?

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

Waukesha has 6 financial advisor firms; see every adviser in the city →