Wealth Management Firms (RIAs) in Washington DC
150 wealth management firms are on this list. Of those that report regulatory assets on Form ADV, Cassaday & Company is the largest: $7.1 billion through Cassaday & Co Wealth Management LLC (filed ).
Andersen follows with $6.3 billion. The 145 advisers counted report $112.8 billion together; the ten largest hold 36% of it, and half report less than $363 million.
Updated . Rechecked quarterly; next check . Figures read , as filed to .
- $5BN to $10BN12%2 firms
- $1BN to $5BN52%29 firms
- $500MM to $1BN15%25 firms
- Under $500MM21%89 firms
Latest Form ADV of each, filed Dec 2025 to Sep 2026. Read ; sources at the end of the page.
- Wealth management firms listedList of October 2026; 147 are wealth managers and 3 are wealth managers with a broker-dealer
- 150
- Combined assets145 counted; as filed to Sep 2026
- $112.8BN
- Median firmHalf of the 145 report less
- $363MM
- Held by the ten largestOf the $112.8BN combined
- 36%
Cassaday & Company, Andersen and Heritage Investors Management lead the Washington DC wealth management firms by assets
The twenty largest by regulatory assets on their latest Form ADV. Together they report $58.2BN, 52% of the $112.8BN the 145 counted report.
- 1
Cassaday & Company
Wealth manager, Mclean, VA
$7.1BNRegulatory assets, Mar 2026
94% high net worth, 4% other individuals, 1% charities
- 2
Andersen
Wealth manager, Mclean, VA
$6.3BNRegulatory assets, Mar 2026
59% high net worth, 38% businesses, 1% other
- 3
Heritage Investors Management
Wealth manager, Bethesda, MD
$4.6BNRegulatory assets, Aug 2026
85% high net worth, 7% charities, 4% businesses
- 4
Spire Wealth Management
Wealth manager, Mclean, VA
$4.5BNRegulatory assets, Jun 2026
67% other individuals, 29% high net worth, 4% businesses
- 5
The Burney Company
Wealth manager, Reston, VA
$3.6BNRegulatory assets, Mar 2026
72% high net worth, 12% other individuals, 10% funds (1940 act)
- 6
XML Financial Group
Wealth manager, Bethesda, MD
$3.3BNRegulatory assets, Jun 2026
55% other individuals, 41% high net worth, 2% businesses
- 7
Bogart Wealth
Wealth manager, Mclean, VA
$3.2BNRegulatory assets, Sep 2026
93% high net worth, 7% other individuals
- 8
West Financial Services
Wealth manager, Mclean, VA
$2.8BNRegulatory assets, Aug 2026
89% high net worth, 5% other individuals, 5% businesses
- 9
Rembert Pendleton Jackson
Wealth manager, Vienna, VA
$2.7BNRegulatory assets, Aug 2026
85% high net worth, 11% other individuals, 4% charities
- 10
Glassman Wealth Services
Wealth manager, Vienna, VA
$2.6BNRegulatory assets, Aug 2026
95% high net worth, 2% charities, 1% pension plans
- 11
FBB Capital Partners
Wealth manager, Bethesda, MD
$2.4BNRegulatory assets, Aug 2026
89% other individuals, 10% high net worth
- 12
Navy Federal Investment Services
Wealth manager with a broker-dealer, Vienna, VA
$2.1BNRegulatory assets, Sep 2026
80% other individuals, 20% high net worth
- 13
Trumbower Financial Advisors
Wealth manager, Bethesda, MD
$2.0BNRegulatory assets, Mar 2026
98% high net worth, 2% other individuals
- 14
Azzad Asset Management
Wealth manager, Falls Church, VA
$1.8BNRegulatory assets, Jan 2026
62% high net worth, 27% funds (1940 act), 6% other individuals
- 15
The Hoerner Planning Group
Wealth manager, Middleburg, VA
$1.7BNRegulatory assets, Mar 2026
82% high net worth, 13% charities, 2% other individuals
- 16
Tritonpoint Wealth
Wealth manager, Chevy Chase, MD
$1.5BNRegulatory assets, Aug 2026
89% high net worth, 8% other individuals, 3% businesses
- 17
Edgemoor Investment Advisors
Wealth manager, Bethesda, MD
$1.5BNRegulatory assets, Mar 2026
74% high net worth, 12% funds (1940 act), 11% other individuals
- 18
Sargent Investment Group
Wealth manager, Bethesda, MD
$1.5BNRegulatory assets, May 2026
90% high net worth, 4% charities, 4% other individuals
- 19
CJM Wealth Advisers
Wealth manager, Falls Church, VA
$1.5BNRegulatory assets, Jul 2026
68% high net worth, 31% other individuals, 2% charities
- 20
D'Orazio Wealth Advisors
Wealth manager, Vienna, VA
$1.4BNRegulatory assets, Mar 2026
98% high net worth, 2% other individuals
Regulatory assets each adviser reported in its latest Form ADV. Each pin opens the filing behind the figure; the ranking rule and sources are at the end of the page. Read .
The ten largest hold 36% of the assets
How the 145 firms counted spread by size: most are small, the dollars sit at the top.
One dot per firm counted; 5 firms with a main office outside Washington DC, a second row for the same adviser or only fund assets left out. Read .
Assets each reported in its latest filing; shares are of the $112.8BN combined, one row per firm. Read .
6%
of the assets reported sits with one firm, Cassaday & Company. The five largest hold 23%; 114 of 145 report under $1 billion.
- Wealth managers147
- Wealth managers with a broker-dealer3
Kind of each, from its Form ADV (Items 5.G and 6.A), October 2026.
- High net worth75%
- Other individuals18%
- Businesses3%
- Pension plans2%
- Charities1%
- Funds (1940 Act)1%
Client types each adviser reports with its assets, latest filing; sums of filed figures.
Leaders beyond the ranking
Figures the main ranking does not compare: the most individual clients, the most high net worth clients.
| Rank | Name | Figure |
|---|---|---|
| 1 | Navy Federal Investment Services | 7,424Sep 2026 |
| 2 | Spire Wealth Management | 6,151Jun 2026 |
| 3 | Cassaday & Company | 3,142Mar 2026 |
| 4 | XML Financial Group | 2,890Jun 2026 |
| 5 | Acorn Financial Advisory Services | 2,584Jun 2026 |
| 6 | Northwest Financial Advisors | 1,908Mar 2026 |
| 7 | The Burney Company | 1,880Mar 2026 |
| 8 | Range Advisory | 1,773Sep 2026 |
Counts of clients as filed; a client is an account holder the adviser counts, not a household.
| Rank | Name | Figure |
|---|---|---|
| 1 | Cassaday & Company | 2,017Mar 2026 |
| 2 | The Burney Company | 904Mar 2026 |
| 3 | XML Financial Group | 833Jun 2026 |
| 4 | Range Advisory | 806Sep 2026 |
| 5 | Bogart Wealth | 722Sep 2026 |
| 6 | Rembert Pendleton Jackson | 707Aug 2026 |
| 7 | Heritage Investors Management | 585Aug 2026 |
| 8 | Acorn Financial Advisory Services | 551Jun 2026 |
Counts of clients as filed; a client is an account holder the adviser counts, not a household.
The list is public. The warm path is not. Schedule a conversation
All 150 wealth management firms
A to Z, with each firm's regulatory assets, its clients, the share of its assets held for individuals and its private funds, each with a pin to its Form ADV.
Showing all 150 firms
The first 30 are shown here; find, a kind or a size shows every match.
No row matches. Clear the find field or choose All.
Assets are the regulatory assets in the adviser's latest Form ADV (Item 5.F; solid bar). Clients are every client it counts (Item 5.D); Individuals is the share of its assets held for individuals, high net worth and other; private funds are the funds it advises (Item 7.B). Each pin opens the filing behind the figure. The square beside a name opens every figure with its filing and notes.
A few large advisers hold most of the money
Five findings from the filings of the 145 firms counted.
- 6%
of the $112.8 billion the 145 firms counted report is one firm's: Cassaday & Company. Without it, the other 144 report $105.7 billion.
Assets, latest Form ADV of each; sums of filed figures
- $363MM
is the median: half of the 145 report less, and 114 report under $1 billion.
Assets, latest Form ADV of each
- 3
private funds are advised by the firms counted; Preston Wealth Advisors advises the most, 2.
Private funds on each Form ADV (Schedule D); sums of filed figures
- 75%
of their assets is high net worth money; the next largest client type is other individuals, at 18%.
Client types each adviser reports with its assets; sums of filed figures
- 58
of the 145 have their main office in Fairfax County, VA; the next place is Montgomery County, MD, with 44.
Main office on each Form ADV
Questions
How many wealth management firms are there in Washington DC?
This list holds 150 wealth management firms in the Washington DC metro; 145 of them report regulatory assets on Form ADV, $112.8 billion together.
What are the largest wealth management firms in Washington DC?
By the regulatory assets they report: Cassaday & Company $7.1 billion, Andersen $6.3 billion, Heritage Investors Management $4.6 billion, Spire Wealth Management $4.5 billion, The Burney Company $3.6 billion.
How much do wealth management firms in Washington DC typically manage?
Of the 145 that report, the median reports $363 million in regulatory assets; 114 report under $1 billion.
How do you start a relationship with wealth management firms in Washington DC?
Each figure on this page carries a pin that opens the firm's Form ADV, which names its services, its clients and how to reach it. For fund managers and companies raising capital, Praxis Rock runs capital formation programs; see Raise Capital.
Sources and method
- Who is listed
- 150 wealth management firms, 147 are wealth managers and 3 are wealth managers with a broker-dealer. Every SEC registered adviser with a main office in Washington-Arlington-Alexandria, DC-VA-MD-WV MSA (Census CBSA 47900) that reports $100 million or more in regulatory assets, half or more of them for individuals, less the firms our other lists carry as another kind.
- Ranking rule
- The top 20, every total, share and median, the charts and the answers to the questions use one set: the 145 advisers that report regulatory assets in their latest SEC Form ADV, with a main office in the Washington DC metro, that the filing itself ties to the row (the CRD the list cites, or the row's own website in Item 1.I), one figure per adviser. A name match with no such tie is shown in the row's detail only, never ranked or counted.
- Our arithmetic
- The $112.8BN, the median, shares, charts and boards are sums and medians of filed numbers over that one set; 5 firms with a figure outside it stay listed with the figure and the reason.
- Pins
- Each figure's pin opens the filing it comes from: the adviser's Form ADV as filed, or the SEC filing index of its latest 13F report. The pin's label names the source and its date.
- What we searched
- On we read every firm's latest Form ADV in the SEC monthly file by its CRD and searched 13F reports by the CIK on its Form ADV record. Of the 150, 150 report on a current Form ADV and 38 file 13F reports.
- Words
- Each firm's kind is read from its Form ADV: a wealth manager advises individuals and offers financial planning (Items 5.D and 5.G); "also a broker-dealer" where Item 6.A is checked. Firm names only: no person, contact or website is shown.
| Figure | Source | Period, read |
|---|---|---|
| Assets, private funds, client types, main office, employees | SEC Form ADV adviser data, October 2026 report, and each adviser's Form ADV as filed, 150 advisers | Filings to 2026-10-01; read 2026-10-31 |
| Reports of listed stocks (13F filer) | SEC EDGAR Form 13F, 38 filers, by the CIK on each Form ADV | Latest filing; read 2026-10-31 |
| Main office to metro | HUD USPS ZIP to county crosswalk, 2026 Q2, and the Census metro delineation, July 2023 | Read 2026-10-31 |
| Logos | None shown: each firm has a monogram | Read 2026-10-31 |
Cite as: Praxis Rock Advisors, "Wealth Management Firms (RIAs) in Washington DC," updated October 31, 2026, praxisrock.com/resources/investors/wealth-management-firms-washington-dc