Top Women-Owned RIAs in 2016
Top Women-Owned RIAs in 2016
Methodology: WealthManagement’s Top Women-Owned RIAs list was assembled using data from SEC filings and Meridian-IQ (in which Penton Media has a stake). Advisors are ranked by their firm’s total assets under management. To land on the list, female advisors were required to directly own at least 25 percent of the firm. Additionally, these women have at least some individual clients for whom they do financial planning. Finally, none of the RIAs on our list operates a broker/dealer or a bank, or is affiliated with an investment company.
Rank | Name | Firm Name | Main Office | AUM | Number of Employees | Title | Ownership Code |
|---|---|---|---|---|---|---|---|
1 | Sherrie Grabot | GuidedChoice Asset Management, Inc. | San Diego, Calif. | $12,317,410,631 | 54 | CEO | D |
2 | Barbara Best | Capital Strategies Investment Group LLC | Oakbrook Terrace, Ill. | $10,540,444,233 | 22 | Principal, Founding Partner | C |
3 | M. Julie McKinley | Fiduciary Counselling, Inc | St. Paul, Minn. | $4,756,091,191 | 74 | President, CEO | D |
4 | Anne B. Shumadine | Signature Family Wealth Advisors | Norfolk, Va. | $3,316,470,324 | 38 | Founder, Chairman | D |
5 | Myrna M. Rivera | Consultiva Internacional, Inc | Guaynabo, Puerto Rico | $3,246,872,057 | 21 | Founder, CEO | D |
6 | Jeanie Wyatt | South Texas Money Management, LTD | San Antonio, Texas | $2,759,067,034 | 60 | CEO, Chief Investment Officer | D |
7 | Katherine B. Lintz | Matter Family Office | St. Louis, Mo. | $2,758,920,156 | 29 | Partner, Managing Member | C |
8 | Peggy Ruhlin | Budros, Ruhlin & Roe, Inc. | Columbus, Ohio | $2,150,781,284 | 40 | CEO | C |
9 | Elizabeth Luna | CONCERT Wealth Management | San Jose, Calif. | $2,012,306,125 | 117 | Co-founder, Advisor | C |
10 | Katherine C. Willis | Palladium Registered Investment Advisors | Norfolk, Va. | $1,811,663,975 | 25 | Principal, Portfolio Manager | C |
11 | Teresa Eriksson | Eton Advisors | Chapel Hill, N.C. | $1,520,707,001 | 16 | President | D |
12 | Barbara Joan Raasch | RCL Advisors | New York | $1,465,582,016 | 9 | Founding Member | C |
13 | Bonnie Free Grisz | Paratus Financial | Dallas | $1,417,000,000 | 6 | Managing Director | E |
14 | Barbara Hayes Young | Cypress Wealth Advisors | San Francisco | $1,305,109,128 | 15 | CEO, Founder | D |
15 | Elizabeth Braudis | Foster Dykema Cabot & Co, Inc | Boston | $1,118,551,733 | 15 | President | E |
16 | Faith Read Xenos | Singer Xenos Wealth Management | Coral Gables, Fla. | $1,107,700,000 | 18 | Founding Partner, Chief Investment Officer, Chief Operating Officer, Advisor | C |
17 | Jane-Ellen Wolak | The Mosaic Financial Group, LLC | Chicago | $1,082,514,261 | 25 | Founding Partner | C |
18 | Marina Johnson | Vision Capital Management, Inc | Portland, Ore. | $1,052,808,603 | 12 | Chief Investment Officer, Partner | C |
19 | Sue McGrath | Vision Capital Management, Inc | Portland, Ore. | $1,052,808,603 | 12 | Partner, President | C |
20 | Victoria M. Trumbower | Trumbower Financial Advisors, LLC | Bethesda, Md. | $1,000,712,954 | 11 | Managing Member | E |
21 | Lynne Renee Kinney | CKW Financial Group | Honolulu | $954,000,000 | 8 | Principal | E |
22 | Elaine E. Bedel | Bedel Financial Consulting, Inc | Indianapolis | $928,526,072 | 12 | CEO, President, Chief Compliance Officer | E |
23 | Judith Vicks Sweet | Strategic Financial Services | Utica, N.Y. | $903,273,738 | 26 | President | C |
24 | Nancy Lee Santory | Cookson Peirce Wealth Management | Pittsburgh | $885,491,124 | 12 | Owner | C |