HNW client percentage for Multi-team firms serving clients in Rhode Island

High-net-worth (HNW) client percentage measures the share of a firm’s clients who meet the SEC’s high-net-worth threshold—generally around $1.1 million in managed assets or $2.2 million in net worth. This metric helps indicate the type of clients a firm is built to serve: a higher percentage suggests a focus on wealthier clients with more complex financial needs, while a lower percentage points to broader access and potentially more standardized services.

In Rhode Island, among multi-team firms—those with 30 to 300 advisors or managing over $3 billion in assets—the median HNW client percentage is 11.14%, which is notably lower than the national median of 20.2%. With 89 firms and about 400 advisors represented, this distribution shows a wide range, from firms serving almost exclusively non-HNW clients to some with very high concentrations of HNW households. This suggests that many Rhode Island multi-team firms lean toward serving a broader client base rather than focusing predominantly on high-net-worth individuals. The variation also reflects two possible interpretations: some firms may be in earlier growth stages building their HNW clientele, while others intentionally maintain a more inclusive client mix to offer access to a wider audience.

What this means for you is that the HNW client percentage is a useful signal about a firm’s typical client profile but not a definitive measure of quality. Higher percentages often come with higher account minimums and more bespoke planning, while lower percentages may indicate more accessible entry points and standardized services. Use this metric alongside others to find a firm that matches your financial situation and service expectations.

Or, if you'd rather skip the guesswork, Warmer can help you find a financial advisor who fits your needs.

Multi-team firms active in Rhode Island 89 firms
Very Low 0%-0%
Low 0%-6%
Typical 6%-16%
High 16%-45%
Very High 45%-100%
5th 20th 40th 60th 80th 95th

Median: 11%

Firm
HNW client %
HNW Clients
Clients
AUM/client
Citizens Private Wealth logo Citizens Private Wealth
Very High 100%
2,465
2,465
$6.4M
Crestwood Advisors logo Crestwood Advisors
Very High 79%
870
1,106
$7M
Beacon Trust logo Beacon Trust
Very High 71%
2,007
2,830
$1.5M
Northern trust Securities, Inc logo Northern trust Securities, Inc
Very High 69%
1,406
2,024
$810K
Tocqueville Asset Management LP logo Tocqueville Asset Management LP
Very High 64%
741
1,159
$4.9M
RWA Wealth Partners logo RWA Wealth Partners
Very High 60%
3,545
5,951
$3.1M
Robertson Stephens logo Robertson Stephens
Very High 56%
1,256
2,236
$3.2M
AlphaCore Capital LLC logo AlphaCore Capital LLC
Very High 55%
2,209
3,985
$3.1M
Bradley Foster & Sargent Inc logo Bradley Foster & Sargent Inc
Very High 55%
1,013
1,840
$4.4M
Curi Capital, LLC logo Curi Capital, LLC
Very High 54%
1,547
2,865
$2.9M
F L Putnam Investment Management Co. logo F L Putnam Investment Management Co.
Very High 53%
1,488
2,823
$2.7M
SVB Wealth logo SVB Wealth
Very High 52%
530
1,024
$2.4M
Rehmann Wealth logo Rehmann Wealth
Very High 51%
1,123
2,186
$1.6M
CW Advisors, LLC logo CW Advisors, LLC
Very High 51%
3,257
6,426
$2.2M
Grimes & Company logo Grimes & Company
Very High 49%
1,783
3,660
$1.6M
The Burney Company logo The Burney Company
Very High 48%
904
1,880
$1.6M
Kintra Wealth, LLC logo Kintra Wealth, LLC
Very High 45%
1,304
2,914
$520K
Capitol Securities Management, Inc. logo Capitol Securities Management, Inc.
High 41%
1,287
3,177
$440K
Pallas Capital Advisors, LLC logo Pallas Capital Advisors, LLC
High 39%
474
1,221
$3.5M
Moors & Cabot, Inc logo Moors & Cabot, Inc
High 38%
1,889
4,921
$750K
Mariner Independent logo Mariner Independent
High 37%
1,575
4,261
$1.7M
Aegis Capital Corp. logo Aegis Capital Corp.
High 37%
1,116
3,030
$510K
CliftonLarsonAllen Wealth Advisors, LLC logo CliftonLarsonAllen Wealth Advisors, LLC
High 36%
2,348
6,550
$1.7M
Main Street Financial Solutions, LLC logo Main Street Financial Solutions, LLC
High 36%
706
1,981
$1.2M
International Assets Investment Management, LLC logo International Assets Investment Management, LLC
High 35%
2,073
5,871
$420K
Flagship Harbor Advisors, LLC logo Flagship Harbor Advisors, LLC
High 35%
2,556
7,280
$460K
Ritholtz Wealth Management logo Ritholtz Wealth Management
High 35%
1,445
4,139
$2.2M
OnePoint BFG Wealth Partners logo OnePoint BFG Wealth Partners
High 35%
2,934
8,458
$1.7M
Dakota Wealth, LLC logo Dakota Wealth, LLC
High 35%
1,287
3,728
$1.8M
Arax Advisory Partners logo Arax Advisory Partners
High 33%
4,949
15,155
$1.6M
Palisade Capital Management, LP logo Palisade Capital Management, LP
High 32%
508
1,577
$1.2M
Coastal Bridge Advisors logo Coastal Bridge Advisors
High 31%
579
1,846
$2.4M
Bolton Global Asset Management logo Bolton Global Asset Management
High 31%
1,698
5,566
$760K
CL Wealth Management LLC logo CL Wealth Management LLC
High 29%
637
2,165
$340K
Gladstone Wealth Partners logo Gladstone Wealth Partners
High 27%
2,213
8,302
$680K
Kestra Private Wealth Services, LLC logo Kestra Private Wealth Services, LLC
High 27%
5,300
19,977
$650K
Ingalls Investment Management, LLC logo Ingalls Investment Management, LLC
High 26%
1,090
4,245
$1.6M
XYPN Sapphire logo XYPN Sapphire
High 25%
182
721
$1.3M
Nfsg Corporation logo Nfsg Corporation
High 25%
765
3,036
$340K
Savvy logo Savvy
High 25%
1,139
4,552
$1.1M
RMR Wealth Builders, Inc. logo RMR Wealth Builders, Inc.
High 24%
464
1,907
$940K
Parallel Advisors, LLC logo Parallel Advisors, LLC
High 24%
1,013
4,169
$2.2M
Foundations Investment Advisors LLC logo Foundations Investment Advisors LLC
High 20%
6,047
29,615
$340K
Kingswood Wealth Advisors, LLC logo Kingswood Wealth Advisors, LLC
High 20%
2,274
11,259
$330K
Capital Analysts logo Capital Analysts
High 19%
3,042
15,611
$540K
Hilltop Securities inc. logo Hilltop Securities inc.
High 18%
599
3,335
$680K
FourStar Wealth Advisors, LLC logo FourStar Wealth Advisors, LLC
High 16%
287
1,753
$780K
Synovus Securities, Inc. logo Synovus Securities, Inc.
High 16%
1,938
11,964
$640K
Westminster Financial Advisory Corp logo Westminster Financial Advisory Corp
High 16%
306
1,935
$630K
Madison Investment Advisors, LLC logo Madison Investment Advisors, LLC
Typical 15%
2,243
14,602
$430K
Stephens logo Stephens
Typical 15%
3,088
21,168
$670K
Core Planning logo Core Planning
Typical 14%
122
867
$610K
Prosperity Capital Advisors logo Prosperity Capital Advisors
Typical 13%
990
7,469
$510K
Ashton Thomas Securities, LLC logo Ashton Thomas Securities, LLC
Typical 13%
301
2,281
$810K
Summit Financial, LLC logo Summit Financial, LLC
Typical 13%
2,248
17,809
$1.3M
ValMark Advisers, Inc. logo ValMark Advisers, Inc.
Typical 11%
1,629
14,624
$550K
Cape Investment Advisory, Inc. logo Cape Investment Advisory, Inc.
Typical 11%
107
1,002
$460K
McAdam LLC logo McAdam LLC
Typical 11%
584
5,538
$480K
integrity Advisory Solutions logo integrity Advisory Solutions
Typical 10%
250
2,387
$450K
Corecap Advisors logo Corecap Advisors
Typical 10%
936
9,671
$410K
William Joseph Capital Management, Inc. logo William Joseph Capital Management, Inc.
Typical 9%
167
1,879
$370K
Integrated Advisors Network LLC logo Integrated Advisors Network LLC
Typical 9%
652
7,363
$740K
ON Investment Management CO logo ON Investment Management CO
Typical 9%
794
9,317
$320K
A.G.P / Alliance Global Partners logo A.G.P / Alliance Global Partners
Typical 8%
603
7,318
$380K
Creativeone Wealth, LLC logo Creativeone Wealth, LLC
Typical 8%
1,738
22,064
$260K
United Capital Financial Advisors logo United Capital Financial Advisors
Typical 8%
1,937
24,837
$830K
Latitude Advisors, LLC logo Latitude Advisors, LLC
Typical 8%
115
1,525
$320K
Novem Group logo Novem Group
Typical 7%
260
3,513
$390K
LaSalle St. Investment Advisors, L.L.C. logo LaSalle St. Investment Advisors, L.L.C.
Typical 7%
894
13,711
$380K
Vanderbilt Advisory Services logo Vanderbilt Advisory Services
Typical 6%
395
6,199
$330K
Brookwood Investment Group logo Brookwood Investment Group
Typical 6%
210
3,500
$360K
AlphaStar Capital Management logo AlphaStar Capital Management
Low 5%
415
8,466
$260K
First Heartland Consultants, Inc. logo First Heartland Consultants, Inc.
Low 5%
309
6,350
$290K
Great Valley Advisor Group, LLC logo Great Valley Advisor Group, LLC
Low 5%
1,769
36,836
$250K
Consolidated Portfolio Review Corp logo Consolidated Portfolio Review Corp
Low 5%
293
6,187
$260K
Navy Federal Investment Services, LLC logo Navy Federal Investment Services, LLC
Low 4%
331
7,424
$280K
Gradient Wealth Management logo Gradient Wealth Management
Low 4%
160
4,546
$130K
Geneos Wealth Management, Inc. logo Geneos Wealth Management, Inc.
Low 3%
618
21,267
$420K
Sound Income Strategies, LLC logo Sound Income Strategies, LLC
Low 2%
473
24,734
$170K
M HOLDINGS SECURITIES, Inc. logo M HOLDINGS SECURITIES, Inc.
Low 2%
78
4,368
$690K
Beacon Capital Management, Inc. logo Beacon Capital Management, Inc.
Low 2%
162
10,219
$200K
Concorde Asset Management, LLC logo Concorde Asset Management, LLC
Low 1%
38
3,689
$160K
MissionSquare Retirement logo MissionSquare Retirement
Low 1%
390
40,526
$140K
Sequent Planning, LLC logo Sequent Planning, LLC
Low 1%
45
6,015
$98K
Pinnacle Investments, LLC logo Pinnacle Investments, LLC
Low 0%
8
3,141
$410K
EFS Advisors logo EFS Advisors
Low 0%
—
21,660
$110K
G. A. Repple & Company logo G. A. Repple & Company
Low 0%
—
3,139
$220K
IP Financial Advisory Services LLC logo IP Financial Advisory Services LLC
Low 0%
—
2,001
$240K
Jefferies Investment Advisers LLC logo Jefferies Investment Advisers LLC
Low 0%
—
1,649
$1.3M
Santander Securities logo Santander Securities
Low 0%
—
10,832
$260K
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”)