AUM per client for Enterprise firms serving clients in South Dakota

AUM per client measures the total assets a firm manages divided by its number of clients, providing insight into the type of clients a firm serves. Higher AUM per client often indicates a focus on high-net-worth individuals with complex financial needs, while lower figures suggest broader access and more standardized services for a wider client base.

In South Dakota, enterprise firms have a median AUM per client of about $230,599, which is notably lower than the national median for similar firms. With 45 firms and 486 advisors represented, this distribution suggests that many enterprise firms in the state serve clients with more modest asset levels compared to the broader enterprise category. This could reflect firms that are either in earlier growth stages or intentionally focused on serving a more mass-affluent clientele rather than ultra-high-net-worth individuals. The range of AUM per client in South Dakota also indicates some variation, with a few firms managing significantly higher assets per client, pointing to a mix of client types within the state.

For you, understanding AUM per client helps clarify what kind of service model a firm might offer, but there is no single "right" number. Higher AUM per client typically means more personalized, complex planning with higher minimums, while lower numbers often mean more accessible, streamlined services. Use this metric alongside others to find an advisor whose approach matches your financial situation and goals. Or, if you'd rather skip the guesswork, Warmer can help you find a financial advisor who fits your needs.

Enterprise firms active in South Dakota 45 firms
Very Low $100K-$100K
Low $100K-$210K
Typical $210K-$230K
High $230K-$320K
Very High $320K-$1.9M
5th 20th 40th 60th 80th 95th

Median: $230K

Firm
AUM/client
AUM
Clients
HNW client %
Cresset Asset Management, LLC logo Cresset Asset Management, LLC
Very High $15M
$70B
4,746
77%
Cerity partners LLC logo Cerity partners LLC
Very High $4.6M
$110B
24,945
58%
RBC Rochdale, LLC logo RBC Rochdale, LLC
Very High $3.1M
$50B
16,170
98%
Hightower Advisors logo Hightower Advisors
Very High $2.8M
$180B
62,807
46%
Sequoia Financial Group, L.L.C. logo Sequoia Financial Group, L.L.C.
Very High $2.7M
$30B
11,064
41%
Focus Partners Wealth, LLC logo Focus Partners Wealth, LLC
Very High $2.6M
$160B
61,002
49%
MAI Capital Management, LLC logo MAI Capital Management, LLC
Very High $2.2M
$34B
15,740
31%
Mariner logo Mariner
Very High $2.1M
$120B
54,583
41%
Creative Planning logo Creative Planning
Very High $2.1M
$180B
87,051
45%
Wealth Enhancement Advisory Services, LLC logo Wealth Enhancement Advisory Services, LLC
Very High $1.4M
$110B
80,986
34%
Allworth financial, L.P. logo Allworth financial, L.P.
Very High $1.1M
$32B
28,786
32%
Farther logo Farther
Very High $970K
$14B
14,593
24%
Carson Wealth logo Carson Wealth
Very High $880K
$46B
52,263
14%
Prime Capital Financial logo Prime Capital Financial
Very High $850K
$19B
22,129
25%
Cetera Planning Partners logo Cetera Planning Partners
Very High $850K
$4B
4,748
31%
Newedge Advisors logo Newedge Advisors
Very High $810K
$40B
48,809
27%
Citigroup Global Markets logo Citigroup Global Markets
Very High $710K
$41B
58,096
40%
Commonwealth Financial Network logo Commonwealth Financial Network
Very High $570K
$200B
355,973
12%
Empower Advisory Group logo Empower Advisory Group
Very High $570K
$170B
293,347
7%
Osaic Advisory Services, LLC logo Osaic Advisory Services, LLC
Very High $510K
$15B
29,516
13%
Integrity Alliance, LLC logo Integrity Alliance, LLC
Very High $450K
$4.8B
10,660
10%
Ameritas Advisory Services, LLC logo Ameritas Advisory Services, LLC
Very High $450K
$13B
29,363
3%
Hantz financial Services, Inc. logo Hantz financial Services, Inc.
Very High $420K
$9.9B
23,624
10%
UNITED PLANNERS' FINANCIAL SERVICES of AMERICA a Limited Partner logo UNITED PLANNERS' FINANCIAL SERVICES of AMERICA a Limited Partner
Very High $410K
$12B
30,039
16%
Janney Montgomery Scott logo Janney Montgomery Scott
Very High $410K
$98B
239,764
42%
AE Wealth Management, LLC logo AE Wealth Management, LLC
Very High $390K
$49B
127,213
7%
Principal Financial Services logo Principal Financial Services
Very High $320K
$17B
51,650
5%
HSBC Securities (USA) Inc. logo HSBC Securities (USA) Inc.
High $310K
$3.7B
12,045
15%
TD private Client Wealth LLC logo TD private Client Wealth LLC
High $270K
$6.9B
25,351
6%
J. W. Cole Advisors, Inc. logo J. W. Cole Advisors, Inc.
High $260K
$7.9B
30,867
4%
VOYA Financial Advisors, Inc. logo VOYA Financial Advisors, Inc.
High $240K
$3.9B
16,313
19%
Eagle Strategies (NY Life) logo Eagle Strategies (NY Life)
High $240K
$31B
132,722
20%
Brookstone Capital Management LLC logo Brookstone Capital Management LLC
High $230K
$13B
54,810
9%
Guardian Life logo Guardian Life
High $230K
$19B
80,267
22%
Independent Financial Partners logo Independent Financial Partners
Typical $230K
$12B
52,539
35%
First Command Advisory Services logo First Command Advisory Services
Typical $210K
$24B
113,511
3%
Centaurus Financial, Inc. logo Centaurus Financial, Inc.
Typical $210K
$9.7B
45,194
1%
Citizens Securities, Inc. logo Citizens Securities, Inc.
Low $210K
$13B
60,162
0%
SPC logo SPC
Low $190K
$5.9B
30,595
3%
Bankers Life Advisory Services, Inc. logo Bankers Life Advisory Services, Inc.
Low $170K
$2.5B
14,275
0%
Planmember Securities Corporation logo Planmember Securities Corporation
Low $130K
$9.2B
69,441
1%
Valic Financial Advisors logo Valic Financial Advisors
Low $100K
$29B
292,989
1%
Transamerica Retirement Advisors, LLC logo Transamerica Retirement Advisors, LLC
Very Low $82K
$17B
212,700
0%
Transamerica Financial Advisors logo Transamerica Financial Advisors
Very Low $49K
$2.1B
42,497
3%
Schwab Wealth Advisory
Very Low $0
—
168,774
0%
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