AUM per client for Enterprise firms serving clients in North Dakota

AUM per client measures the total assets a firm manages divided by its number of clients, offering insight into the type of clients a firm typically serves. Higher AUM per client often indicates a focus on high-net-worth individuals with more complex financial needs and higher minimum investment requirements, while lower AUM per client suggests broader access with more standardized services geared toward affluent or mass-affluent clients.

In North Dakota, enterprise firms show a median AUM per client of about $235,000, which is notably lower than the national median for similar firms. With 36 firms and 463 advisors represented, the distribution suggests that many enterprise firms in the state serve clients with more modest asset levels compared to the broader enterprise category. This pattern could reflect either firms in earlier growth stages building their client base or intentional strategies to serve a wider range of clients with more accessible minimums. The relatively tight range of AUM per client values also points to less variation in client wealth levels across these firms.

For you, this means that while North Dakota’s enterprise firms may generally cater to clients with lower asset levels than the national average, there is no single “right” AUM per client figure. Higher AUM per client often means more personalized, complex planning, while lower numbers can indicate more scalable, standardized service. Use this metric alongside others to find a firm that aligns with your financial situation and service preferences. Or, if you'd rather skip the guesswork, Warmer can help you find a financial advisor who fits your needs.

Enterprise firms active in North Dakota 36 firms
Very Low $100K-$210K
Low $210K-$230K
Typical $230K-$310K
High $310K-$310K
Very High $310K-$850K
5th 20th 40th 60th 80th 95th

Median: $240K

Firm
AUM/client
AUM
Clients
HNW client %
Valic Financial Advisors logo Valic Financial Advisors
Very Low $100K
$29B
292,989
1%
Lincoln Investment logo Lincoln Investment
Very Low $160K
$22B
138,132
3%
Bankers Life Advisory Services, Inc. logo Bankers Life Advisory Services, Inc.
Very Low $170K
$2.5B
14,275
0%
SPC logo SPC
Very Low $190K
$5.9B
30,595
3%
Citizens Securities, Inc. logo Citizens Securities, Inc.
Low $210K
$13B
60,162
0%
Centaurus Financial, Inc. logo Centaurus Financial, Inc.
Low $210K
$9.7B
45,194
1%
First Command Advisory Services logo First Command Advisory Services
Low $210K
$24B
113,511
3%
Guardian Life logo Guardian Life
Typical $230K
$19B
80,267
22%
Eagle Strategies (NY Life) logo Eagle Strategies (NY Life)
Typical $240K
$31B
132,722
20%
TD private Client Wealth LLC logo TD private Client Wealth LLC
Typical $270K
$6.9B
25,351
6%
HSBC Securities (USA) Inc. logo HSBC Securities (USA) Inc.
High $310K
$3.7B
12,045
15%
OSAIC Institutions, INC. logo OSAIC Institutions, INC.
Very High $310K
$4.9B
15,798
0%
Principal Financial Services logo Principal Financial Services
Very High $320K
$17B
51,650
5%
First Citizens Investor Services, Inc. logo First Citizens Investor Services, Inc.
Very High $340K
$2.6B
7,563
9%
&PARTNERS logo &PARTNERS
Very High $380K
$21B
53,863
22%
Independent Advisor Alliance, LLC logo Independent Advisor Alliance, LLC
Very High $390K
$16B
42,227
37%
Janney Montgomery Scott logo Janney Montgomery Scott
Very High $410K
$98B
239,764
42%
Tlg Advisors, Inc. logo Tlg Advisors, Inc.
Very High $430K
$2.2B
5,018
6%
Integrity Alliance, LLC logo Integrity Alliance, LLC
Very High $450K
$4.8B
10,660
10%
Osaic Advisory Services, LLC logo Osaic Advisory Services, LLC
Very High $510K
$15B
29,516
13%
Advice and Planning Services logo Advice and Planning Services
Very High $520K
$38B
72,469
65%
D.A. Davidson & Co. logo D.A. Davidson & Co.
Very High $550K
$38B
68,135
27%
Empower Advisory Group logo Empower Advisory Group
Very High $570K
$170B
293,347
7%
Commonwealth Financial Network logo Commonwealth Financial Network
Very High $570K
$200B
355,973
12%
Kestra Advisory logo Kestra Advisory
Very High $620K
$71B
115,285
23%
Newedge Advisors logo Newedge Advisors
Very High $810K
$40B
48,809
27%
Cetera Planning Partners logo Cetera Planning Partners
Very High $850K
$4B
4,748
31%
Prime Capital Financial logo Prime Capital Financial
Very High $850K
$19B
22,129
25%
Carson Wealth logo Carson Wealth
Very High $880K
$46B
52,263
14%
Allworth financial, L.P. logo Allworth financial, L.P.
Very High $1.1M
$32B
28,786
32%
Creative Planning logo Creative Planning
Very High $2.1M
$180B
87,051
45%
Mariner logo Mariner
Very High $2.1M
$120B
54,583
41%
MAI Capital Management, LLC logo MAI Capital Management, LLC
Very High $2.2M
$34B
15,740
31%
Sequoia Financial Group, L.L.C. logo Sequoia Financial Group, L.L.C.
Very High $2.7M
$30B
11,064
41%
RBC Rochdale, LLC logo RBC Rochdale, LLC
Very High $3.1M
$50B
16,170
98%
First Manhattan Co. LLC logo First Manhattan Co. LLC
Very High $5.6M
$34B
6,080
63%
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