Clients per advisor for Enterprise firms serving clients in California

Most financial advisors serve between 50 and 90 clients, though the number varies widely depending on the firm, client type, and service model. How many clients an advisor manages can reveal important insights about their approach and the kind of experience you might expect. This metric helps you understand whether an advisor’s workload leans toward personalized attention or a more scalable, standardized service.

In California, enterprise firms—which are among the largest advisory organizations—have a median of about 55 clients per advisor, slightly below the national median of 60. This suggests that advisors in the state often balance scale with relationship-driven service. The distribution shows a range from fewer than 25 clients to over 100 per advisor, indicating a mix of firms that either focus on smaller, more personalized client bases or operate at higher volumes through centralized support and standardized processes. This variation reflects different business models: some advisors may be early in their careers or intentionally keep client loads low for deeper engagement, while others leverage enterprise resources to serve many clients efficiently.

What this means for you is that there isn’t a single “right” number of clients per advisor. Lower client loads generally mean more personalized service, while higher loads often correspond to more scalable, cost-effective models. Use this metric alongside others to find an advisor whose style and capacity align with your preferences and needs. Or, if you'd rather skip the guesswork, Warmer can help you find a financial advisor who fits your needs.

Enterprise firms active in California 92 firms
Very Low 24-38 per advisor
Low 38-47
Typical 47-60
High 60-100
Very High 100-181
5th 20th 40th 60th 80th 95th

Median: 55

Firm
Clients/advisor
Clients
Advisors in USA
Advisors in CA
IEQ Capital, LLC logo IEQ Capital, LLC
Very Low 11
2,300
197
178
Cetera Planning Partners logo Cetera Planning Partners
Very Low 14
4,748
319
18
Tlg Advisors, Inc. logo Tlg Advisors, Inc.
Very Low 16
5,018
300
42
VOYA Financial Advisors, Inc. logo VOYA Financial Advisors, Inc.
Very Low 21
16,313
742
54
Cresset Asset Management, LLC logo Cresset Asset Management, LLC
Very Low 22
4,746
213
46
First Citizens Investor Services, Inc. logo First Citizens Investor Services, Inc.
Very Low 23
7,563
325
18
ESI Financial Advisors logo ESI Financial Advisors
Very Low 23
11,897
506
19
Citigroup Global Markets logo Citigroup Global Markets
Very Low 24
58,096
2,412
420
T. Rowe Price Advisory Services, Inc. logo T. Rowe Price Advisory Services, Inc.
Very Low 25
13,517
520
2
Bankers Life Advisory Services, Inc. logo Bankers Life Advisory Services, Inc.
Very Low 26
14,275
537
16
Chevy Chase Trust Company logo Chevy Chase Trust Company
Very Low 28
1,177
41
—
OSAIC Institutions, INC. logo OSAIC Institutions, INC.
Very Low 29
15,798
542
28
Oppenheimer logo Oppenheimer
Very Low 31
37,047
1,167
69
Integrity Alliance, LLC logo Integrity Alliance, LLC
Very Low 31
10,660
335
21
HSBC Securities (USA) Inc. logo HSBC Securities (USA) Inc.
Very Low 32
12,045
375
80
Cerity partners LLC logo Cerity partners LLC
Very Low 32
24,945
762
153
Principal Financial Services logo Principal Financial Services
Very Low 35
51,650
1,466
136
Transamerica Financial Advisors logo Transamerica Financial Advisors
Low 37
42,497
1,128
319
Concurrent Investment Advisors, LLC logo Concurrent Investment Advisors, LLC
Low 37
13,268
352
22
Corient logo Corient
Low 38
25,963
683
91
WealthSpire Advisors logo WealthSpire Advisors
Low 40
9,736
238
22
Lido logo Lido
Low 41
13,043
315
313
Advice and Planning Services logo Advice and Planning Services
Low 41
72,469
1,736
56
Guardian Life logo Guardian Life
Low 42
80,267
1,910
154
Farther logo Farther
Low 44
14,593
329
54
Rockefeller Capital Management logo Rockefeller Capital Management
Low 45
47,801
1,060
126
FIFTH THIRD SECURITIES, Inc. logo FIFTH THIRD SECURITIES, Inc.
Low 45
46,299
1,014
17
Sequoia Financial Group, L.L.C. logo Sequoia Financial Group, L.L.C.
Low 45
11,064
241
6
CIBC Private Wealth Advisors, Inc. logo CIBC Private Wealth Advisors, Inc.
Typical 46
8,083
173
16
Mercer Global Advisors Inc. logo Mercer Global Advisors Inc.
Typical 46
35,044
746
135
TD private Client Wealth LLC logo TD private Client Wealth LLC
Typical 47
25,351
538
—
Sanctuary Advisors, LLC logo Sanctuary Advisors, LLC
Typical 47
19,025
398
45
MAI Capital Management, LLC logo MAI Capital Management, LLC
Typical 51
15,740
308
65
Eagle Strategies (NY Life) logo Eagle Strategies (NY Life)
Typical 52
132,722
2,519
303
Ameritas Advisory Services, LLC logo Ameritas Advisory Services, LLC
Typical 53
29,363
553
79
Key Investment Services LLC logo Key Investment Services LLC
Typical 53
34,509
647
—
Mariner logo Mariner
Typical 54
54,583
997
134
Kayne Anderson Rudnick Investment Management, LLC logo Kayne Anderson Rudnick Investment Management, LLC
Typical 55
1,995
36
30
Independent Financial Group, LLC logo Independent Financial Group, LLC
Typical 56
25,896
460
185
EP Wealth Advisors logo EP Wealth Advisors
Typical 57
19,618
343
322
Savant Wealth Management logo Savant Wealth Management
Typical 57
23,288
406
15
Focus Partners Wealth, LLC logo Focus Partners Wealth, LLC
Typical 58
61,002
1,042
112
Hantz financial Services, Inc. logo Hantz financial Services, Inc.
Typical 59
23,624
398
—
Hightower Advisors logo Hightower Advisors
High 59
62,807
1,052
120
Hornor, Townsend & Kent, LLC logo Hornor, Townsend & Kent, LLC
High 59
27,999
469
12
Integrated Wealth Concepts LLC logo Integrated Wealth Concepts LLC
High 60
29,187
484
126
Beacon Pointe Advisors, LLC logo Beacon Pointe Advisors, LLC
High 61
29,565
480
129
J. W. Cole Advisors, Inc. logo J. W. Cole Advisors, Inc.
High 62
30,867
492
33
Benjamin F. Edwards & Company, Inc. logo Benjamin F. Edwards & Company, Inc.
High 62
32,532
517
5
SPC logo SPC
High 64
30,595
477
26
Truist Advisory Services logo Truist Advisory Services
High 64
126,145
1,953
5
Stratos Wealth Partners, Ltd logo Stratos Wealth Partners, Ltd
High 65
24,844
379
51
Creative Planning logo Creative Planning
High 73
87,051
1,179
111
Kestra Advisory logo Kestra Advisory
High 77
115,285
1,483
67
CWM, LLC logo CWM, LLC
High 79
52,263
657
31
Newedge Advisors logo Newedge Advisors
High 80
48,809
610
46
Wealth Enhancement Advisory Services, LLC logo Wealth Enhancement Advisory Services, LLC
High 80
80,986
1,010
108
Capital Group Private Client Services, Inc. logo Capital Group Private Client Services, Inc.
High 82
8,803
107
78
UNITED PLANNERS' FINANCIAL SERVICES of AMERICA a Limited Partner logo UNITED PLANNERS' FINANCIAL SERVICES of AMERICA a Limited Partner
High 82
30,039
364
46
Prime Capital Financial logo Prime Capital Financial
High 83
22,129
266
17
GWN Securities Inc. logo GWN Securities Inc.
High 84
37,763
447
70
Citizens Securities, Inc. logo Citizens Securities, Inc.
High 84
60,162
709
10
Steward Partners Investment Advisory, LLC logo Steward Partners Investment Advisory, LLC
High 86
41,723
482
9
Allworth financial, L.P. logo Allworth financial, L.P.
High 89
28,786
323
137
Osaic Advisory Services, LLC logo Osaic Advisory Services, LLC
High 89
29,516
328
25
First Manhattan Co. LLC logo First Manhattan Co. LLC
High 92
6,080
66
1
Schwab Wealth Advisory
High 94
168,774
1,785
96
&PARTNERS logo &PARTNERS
High 96
53,863
556
7
Foundations Investment Advisors LLC logo Foundations Investment Advisors LLC
High 98
29,615
300
18
D.A. Davidson & Co. logo D.A. Davidson & Co.
High 99
68,135
686
88
Goldman Sachs Wealth Services logo Goldman Sachs Wealth Services
Very High 100
115,350
1,151
160
Centaurus Financial, Inc. logo Centaurus Financial, Inc.
Very High 104
45,194
432
163
William Blair & Company L.L.C. logo William Blair & Company L.L.C.
Very High 106
35,296
332
9
First Command Advisory Services logo First Command Advisory Services
Very High 109
113,511
1,034
21
Commonwealth Financial Network logo Commonwealth Financial Network
Very High 130
355,973
2,719
234
RBC Rochdale, LLC logo RBC Rochdale, LLC
Very High 134
16,170
120
34
PNC Wealth Management logo PNC Wealth Management
Very High 136
160,885
1,175
15
Independent Advisor Alliance, LLC logo Independent Advisor Alliance, LLC
Very High 140
42,227
301
12
Empower Advisory Group logo Empower Advisory Group
Very High 146
293,347
2,004
90
Mesirow Financial Investment Management, Inc. logo Mesirow Financial Investment Management, Inc.
Very High 154
14,056
91
1
Lincoln Investment logo Lincoln Investment
Very High 157
138,132
875
8
Planmember Securities Corporation logo Planmember Securities Corporation
Very High 162
69,441
427
140
Brookstone Capital Management LLC logo Brookstone Capital Management LLC
Very High 163
54,810
336
15
Independent Financial Partners logo Independent Financial Partners
Very High 165
52,539
317
8
Janney Montgomery Scott logo Janney Montgomery Scott
Very High 178
239,764
1,342
—
Private Advisor Group, LLC logo Private Advisor Group, LLC
Very High 180
166,623
922
108
Valic Financial Advisors logo Valic Financial Advisors
Very High 232
292,989
1,260
85
AE Wealth Management, LLC logo AE Wealth Management, LLC
Very High 274
127,213
464
19
Breckinridge Capital Advisors Inc logo Breckinridge Capital Advisors Inc
Very High 564
16,362
29
5
Nationwide Investment Advisors, LLC
Very High 637
251,200
394
—
Transamerica Retirement Advisors, LLC logo Transamerica Retirement Advisors, LLC
Very High 697
212,700
305
13
Focus Advisor Solutions, LLC logo Focus Advisor Solutions, LLC
Very High 791
33,235
42
13
Warmer team member

Not sure where to start?

We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.

Find your advisor

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.

Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. (“Warmer”)