The Top 10 Women-Owned RIAs of 2015

Women are still a minority in financial services, despite the industry's efforts to address the gender imbalance. Female advisors make up only 11.5 percent of the advisory workforce, according to Cerulli Associates. The women on WealthManagement.com's Top 50 Women RIAs list are more than just advisors, of course. They are entrepreneurs, owning at least 25 percent of some of the largest RIAs around. Here’s a closer look at the top ten.

No. 10. Faith Read Xenos

Title: Founding Partner, CIO, Chief Operating Officer and Advisor

Firm Name: Singer Xenos Wealth Management

Main Office: Coral Gables, Fla.

Total AUM: $1.1 billion

Number of Employees: 17

Ownership Code: C

No. 9. Bonnie Grisz

Title: Founding Member

Firm Name: Paratus Financial Inc.

Main Office: Dallas

Total AUM: $1.2 billion

Number of Employees: 7

Ownership Code: C

No. 8. Barbara Raasch

Title: Founding Member

Firm Name: RCL Advisors LLC

Main Office: New York, N.Y.

Total AUM: $1.5 billion

Number of Employees: 9

Ownership Code: C

No. 7. Katherine C. Willis

Title: Principal, Portfolio Manager

Firm Name: Palladium Registered Investment Advisors

Main Office: Norfolk, Va.

Total AUM: $1.7 billion

Number of Employees: 24

Ownership Code: C

No. 6. Peggy Ruhlin

Title: CEO

Firm Name: Budros, Ruhlin & Roe Inc.

Main Office: Columbus, Ohio

Total AUM: $1.96

Number of Employees: 42

Ownership Code: C

No. 5. Jana Lee Shoulders

Title: Co-Founder, CEO

Firm Name: Adams Hall Wealth Advisors

Main Office: Tulsa, Okla.

Total AUM: $2.1 billion

Number of Employees: 16

Ownership Code: C

No. 4. Katherine B. Lintz

Title: Founder, CEO

Firm Name: Matter Family Office

Main Office: St. Louis

Total AUM: $2.5 billion

Number of Employees: 23

Ownership Code: D

No. 3. Jeanie Wyatt

Title: CEO, CIO

Firm Name: South Texas Money Management

Main Office: San Antonio

Total AUM: $2.6 billion

Number of Employees: 60

Ownership Code: D

No. 2. Anne B. Shumadine

Title: Founder, Chairman

Firm Name: Signature Financial Management

Main Office: Norfolk, Va.

Total AUM: $3.13 billion

Number of Employees: 37

Ownership Code: D

No. 1. Myrna M. Rivera

Title: Founder, CEO

Firm Name: Consultiva Internacional Inc.

Main Office: Guaynabo, Puerto Rico

Total AUM: $3.17 billion

Number of Employees: 18

Ownership Code: D