NEWMC2017_NoDate2

 

Inspiring The Leading Advisors, Fund Companies, And Asset Owners In The Region

The Wealth & Retirement Conference research team compiled these lists via publicly available data and careful analysis. Many of these firms will attend the conference to add a real world perspective and business management insights.

Top Registered Investment Advisors (RIAs) are ranked by total assets under advisement as of May 15, 2016, as reported in Form ADV to the Securities and Exchange Commission (SEC). RIAs are investment advisors registered with the SEC who provide investment advice and manage high-net-worth and institutional assets. New England states include Massachusetts, Rhode Island, Maine, Vermont, New Hampshire and Connecticut.

 

Firm City Total Assets
1 Shepherd Kaplan, LLC Boston, MA $8.351B
2 Athena Capital Advisors Lincoln, MA $5.999B
3 Ballentine Partners Waltham, MA $5.990B
4 Loring, Wolcott & Coolidge Advisors, LLP Boston, MA $5.801B
5 Welch & Forbes, LLC Boston, MA $3.948B
6 Symmetry Partners Glastonbury, CT $3.751B
7 Choate Investment Advisors Boston, MA $3.622B
8 Ropes Wealth Advisors Boston, MA $2.822B
9 Northeast Financial Consultants Westport, CT $2.689B
10 Wellesley Investment Advisors Wellesley, MA $2.318B
11 Adviser Investments Newton, MA $2.096B
12 Beirne Wealth Consulting Milford, CT $1.867B
13 Grimes Westborough $1.782B
14 Rinet Boston, MA $1.758B
15 North American Management Corp Boston, MA $1.471B
16 LLBH Private Wealth Management Westport, MA $1.384B
17 Crestwood Advisors Boston, MA $1.322B
18 Boston Financial Management Boston, MA $1.199B
19 HHG & Company Darien, CT $1.102B
20 Daintree Advisors Boston, MA $1.081B
21 Parsons Capital Management Providence, RI $1.040B
22 Heritage Financial Services, Westwood, MA $1.002B
23 Endurance Wealth Management Providence, RI $817M
24 TFC Financial Management Boston, MA $788M
25 Greenwich Wealth Management Greenwich, CT $771M

The New England individual advisors list is a meta-analysis of advisor rankings published by third-party financial publications, enhanced by proprietary NEWMC research. New England states include Massachusetts, Rhode Island, Maine, Vermont, New Hampshire and Connecticut.

Firm Location Total Assets
 1 Morgan Stanley Private Wealth Management Boston, MA $8.550B
 2 Graystone Consulting Boston, MA $4.460B
 3 Morgan Stanley Private Wealth Management Boston, MA $3.971B
 4 Morgan Stanley Wealth Management Norwell, MA $2.700B
 5 J.P. Morgan Securities Boston, MA $2.400B
 6 Morgan Stanley Wealth Management Greenwich, CT $1.750B
 7 Morgan Stanley Wealth Management Boston, MA $1.700B
 8 Morgan Stanley Wealth Management Boston, MA $1.700B
 9 Morgan Stanley Wealth Management Boston, MA $1.600B
 10 Kaplan Financial Services (LPL) Newton, MA $1.550B
 11 J.P. Morgan Securities Boston, MA $1.515B
 12 Morgan Stanley Private Wealth Management Boston, MA $1.445B
 13 Morgan Stanley Wealth Management Boston, MA $1.419B
 14 Bartholomew Worcester, MA $1.418B
 15 J.P. Morgan Securities Boston, MA $1.400B
 16 Winthrop Wealth Management Westborough, MA 1.385B
 17 Morgan Stanley Private Wealth Management Boston, MA $1.350B
 18 Morgan Stanley Private Wealth Management Boston, MA $1.269B
 19 Morgan Stanley Private Wealth Management Hartford, CT $1.200B
 20 Morgan Stanley Private Wealth Management Greenwich, CT $1.199B
 21 Raymond James Westerly, RI $1.056B
 22 Ameriprise Financial Auburndale, MA $941M
 23 Morgan Stanley Wealth Management Burlington, VT $776M
 24 Ameriprise Financial Wellesley, MA $738M
 25 Janney Montgomery Scott New Haven $709M
 

Firm Total Revenue 
Fee Revenue
1 LPL Financial LLC $4.202B $1,344B
2 Ameriprise Financial Services Inc. $3.919B $1,938B
3 Raymond James Financial Services Inc. $1.732B $802,M
4 Commonwealth Financial Network $1.00B $597M
5 Wells Fargo Advisors Financial Network $864M $398M
6 Lincoln Financial Network $854M $184M
7 Northwestern Mutual $804M $439M
8 AXA Advisors $747M $155,M
9 Cambridge Investment Research Inc. $698M $367M
10 Cetera Advisor Networks $559M $228M
11 Securities America Inc. $551M $243M
12 Waddell & Reed Financial Advisors
$526M $226M
13 Royal Alliance Associates Inc. $461M $211M
14 Kestra Financial $452M $170M
15 National Planning Corporation (NPC) $407M $116M
16 Voya Financial Advisors Inc. $406M $115M
17 MML Investors Services, LLC $388M $91M
18 HD Vest Investment Services $320M $129M
19 Securian Financial Services Inc. $315M $93M
20 Princor Financial Services Corp. $314M $52M
21 SagePoint Financial Inc. $312M $98M
22 Signator Investors Inc. $303M $61M
23 Cetera Financial Institutions $300M $36,604,824
24 Cetera Advisors $298M $125,566,840
25 FSC Securities Corp. $283M $106,931,000
Top defined contribution plans are ranked by total plan net assets for year-end 2014, as reported in Form 5500 to the Department of Labor. Defined contribution plans include 401(k), 403(b), 457, profit sharing, and thrift-savings plans. New England states include Massachusetts, Rhode Island, Maine, Vermont, New Hampshire and Connecticut.

 

401K Plan Name Location 2014 Assets 2014 Participants
1 GE Retirement Savings Plan Fairfield, CT $27.040B 242,674
2 United Technologies Corporation Employee Savings Plan Farmington, CT $21.125B  97,132
3 Raytheon Savings And Investment Plan Waltham, MA $15.133B 87,158
4 FMR LLC Profit Sharing Plan Boston, MA $13,251B  56,587
5 Citigroup 401K Plan Stamford, CT $11.627B  150,629
6 401(K) Plan Of CVS Health Corporation Woonsocket, RI $8,331B  162,710
7 Aetna 401(K) Plan Hartford, CT $6.521B  49,334
8 Liberty Mutual Employees’ Thrift-Incentive Plan Boston, MA $6.425B  54,892
9 Xerox Corporation Savings Plan Norwalk, CT $4.499B 36,486
10 Emc Corporation 401(K) Savings Plan Hopkinton, MA $4.035B  35,300
11 Philips Electronics North America Corp Employee Savings Plan Andover, MA $3.848B 30,623
12 MIT Supplemental 401(K) Plan Cambridge, MA $3.830B 19,582
13 Thomson Reuters 401(K) Savings Plan Stamford, CT $3.697B 33,539
14 Textron Savings Plan Providence, RI $3.595B 32,995
15 The Hartford Investment And Savings Plan Hartford, CT $3.552B 24,929
16 State Street Corporation Salary Savings Program Boston, MA $2.952B 15,526
17 The Mitre Corporation Tax Sheltered Annuity Plan Bedford, MA $2.908B 33,539
18 Eversource 401K Plan Fka Northeast Utilities Service Company 401K Plan Hartford, MA $2.900B 33,985
19 Boston Scientific Corporation 401(K) Retirement Savings Plan Marlborough, MA $2.518B 32,995
20 United Technologies Corporation Represented Employee Savings Plan Farmington, CT $2.420B  24,929
21 Thermo Fisher Scientific Inc. 401(K) Retirement Plan Waltham, MA $2.283B 13,526
22 Massmutual Thrift Plan Springfield, MA $2.239B 13,071
23 Covidien Retirement Savings And Investment Plan Mansfield, MA $1.939B 21,496
24 Boston University Retirement Plan Boston, MA $1.926B 23,553
25 TD Bank 401(K) Retirement Plan Portland, MA $1.921B 24,588