Research Report · 2026-06-30
Largest Registered Investment Advisers in the Midwest
SEC-registered investment advisers based in the Midwest ranked by latest reported regulatory assets under management from ADV Part 1 filings.
Firms
2,567
Total AUM
$19.31T
Median AUM
$464.8M
Latest Filing
2026-06-30
| Rank↕ | Firm Name | City | CRD↕ | AUM↕ | Employees↕ | Latest Filing | |
|---|---|---|---|---|---|---|---|
| 1 | NORTHERN TRUST INVESTMENTS, INCORPORATED | CHICAGO | 105780 | $1.25T | 662 | 2026-06-30 | → |
| 2 | EDWARD D. JONES & CO., L.P. | ST. LOUIS | 250 | $1.01T | 36,317 | 2026-06-30 | → |
| 3 | INVESCO CAPITAL MANAGEMENT LLC | DOWNERS GROVE | 125601 | $941.02B | 222 | 2026-03-31 | → |
| 4 | WELLS FARGO CLEARING SERVICES, LLC | ST. LOUIS | 19616 | $671.42B | 18,895 | 2026-06-30 | → |
| 5 | AMERIPRISE FINANCIAL SERVICES, LLC | MINNEAPOLIS | 6363 | $660.47B | 14,056 | 2026-06-30 | → |
| 6 | PRINCIPAL GLOBAL INVESTORS, LLC | DES MOINES | 109002 | $427.71B | 1,394 | 2026-05-31 | → |
| 7 | U.S. BANCORP ASSET MANAGEMENT, INC. | MINNEAPOLIS | 111912 | $427.48B | 322 | 2026-03-31 | → |
| 8 | ROBERT W. BAIRD & CO. INCORPORATED | MILWAUKEE | 8158 | $394.07B | 4,322 | 2026-04-30 | → |
| 9 | NISA INVESTMENT ADVISORS, LLC | ST. LOUIS | 107313 | $343.89B | 417 | 2026-03-31 | → |
| 10 | NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC | MILWAUKEE | 307865 | $323.08B | 246 | 2026-05-31 | → |
| 11 | FIRST TRUST ADVISORS LP | WHEATON | 107027 | $309.24B | 542 | 2026-04-30 | → |
| 12 | AMERICAN CENTURY INVESTMENT MANAGEMENT INC | KANSAS CITY | 105778 | $305.98B | 220 | 2026-03-31 | → |
| 13 | CREATIVE PLANNING, LLC | OVERLAND PARK | 105348 | $295.57B | 1,650 | 2026-03-31 | → |
| 14 | NUVEEN ASSET MANAGEMENT, LLC | CHICAGO | 155584 | $280.48B | 381 | 2026-03-31 | → |
| 15 | LEGAL & GENERAL INVESTMENT MANAGEMENT AMERICA INC. | CHICAGO | 149156 | $267.16B | 262 | 2026-04-30 | → |
| 16 | CETERA INVESTMENT ADVISERS LLC | SCHAUMBURG | 105644 | $256.81B | 10,251 | 2026-06-30 | → |
| 17 | WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC | ST. LOUIS | 11025 | $252.25B | 4,047 | 2026-06-30 | → |
| 18 | BALYASNY ASSET MANAGEMENT L.P. | CHICAGO | 138111 | $248.14B | 2,434 | 2026-06-30 | → |
| 19 | JACKSON NATIONAL ASSET MANAGEMENT, LLC | LANSING | 111079 | $246.30B | 156 | 2026-05-31 | → |
| 20 | GARDA CAPITAL PARTNERS LP | WAYZATA | 282439 | $207.10B | 224 | 2026-03-31 | → |
| 21 | OLIVE STREET INVESTMENT ADVISERS, LLC | ST. LOUIS | 166710 | $203.76B | 232 | 2026-03-31 | → |
| 22 | HIGHTOWER ADVISORS, LLC | CHICAGO | 145323 | $198.58B | 1,983 | 2026-05-31 | → |
| 23 | STIFEL, NICOLAUS & COMPANY, INCORPORATED | ST LOUIS | 793 | $197.53B | 6,478 | 2026-06-30 | → |
| 24 | GALLAGHER FIDUCIARY ADVISORS, LLC | ROLLING MEADOWS | 146509 | $194.82B | 235 | 2026-06-30 | → |
| 25 | NUVEEN FUND ADVISORS, LLC | CHICAGO | 104626 | $186.25B | 137 | 2026-03-31 | → |
| 26 | ARTISAN PARTNERS LIMITED PARTNERSHIP | MILWAUKEE | 150114 | $183.62B | 496 | 2026-03-31 | → |
| 27 | THOMA BRAVO, L.P. | CHICAGO | 157041 | $182.94B | 246 | 2026-03-31 | → |
| 28 | FOCUS PARTNERS WEALTH, LLC | ST. LOUIS | 159289 | $181.86B | 1,915 | 2026-04-30 | → |
| 29 | GC ADVISORS LLC | CHICAGO | 148687 | $177.85B | 1,035 | 2026-06-30 | → |
| 30 | CORIENT PRIVATE WEALTH LLC | MIAMI | 319448 | $165.25B | 1,537 | 2026-03-31 | → |
| 31 | ONEDIGITAL INVESTMENT ADVISORS LLC | OVERLAND PARK | 106766 | $155.41B | 648 | 2026-04-30 | → |
| 32 | AON INVESTMENTS USA INC. | CHICAGO | 105596 | $150.99B | 255 | 2026-03-31 | → |
| 33 | CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC. | FAIRFIELD | 134139 | $138.69B | 3,527 | 2026-06-30 | → |
| 34 | THRIVENT FINANCIAL FOR LUTHERANS | MINNEAPOLIS | 115785 | $128.73B | 4,220 | 2026-06-30 | → |
| 35 | MARINER, LLC | OVERLAND PARK | 140195 | $125.41B | 1,889 | 2026-03-31 | → |
| 36 | GC OPAL ADVISORS LLC | CHICAGO | 289425 | $124.30B | 1,087 | 2026-06-30 | → |
| 37 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | PLYMOUTH | 116407 | $122.19B | 1,700 | 2026-06-30 | → |
| 38 | SAMMONS FINANCIAL GROUP ASSET MANAGEMENT, LLC | WEST DES MOINES | 321109 | $122.05B | 60 | 2026-03-31 | → |
| 39 | HARRIS ASSOCIATES LP | CHICAGO | 106960 | $109.48B | 221 | 2026-03-31 | → |
| 40 | PRINCIPAL REAL ESTATE INVESTORS, LLC | DES MOINES | 109008 | $105.65B | 477 | 2026-05-31 | → |
| 41 | RBC GLOBAL ASSET MANAGEMENT (U.S.) INC. | MINNEAPOLIS | 107173 | $104.49B | 212 | 2026-05-31 | → |
| 42 | LSV ASSET MANAGEMENT | CHICAGO | 109918 | $104.25B | 45 | 2026-03-31 | → |
| 43 | FIDUCIENT ADVISORS LLC | CHICAGO | 106720 | $97.54B | 210 | 2026-03-31 | → |
| 44 | GCM GROSVENOR L.P. | CHICAGO | 108654 | $95.49B | 466 | 2026-06-30 | → |
| 45 | PPM AMERICA, INC. | CHICAGO | 107269 | $93.79B | 217 | 2026-05-31 | → |
| 46 | FORT WASHINGTON INVESTMENT ADVISORS INC | CINCINNATI | 107126 | $93.47B | 157 | 2026-06-30 | → |
| 47 | AEGON USA INVESTMENT MANAGEMENT, LLC | CEDAR RAPIDS | 114537 | $88.80B | 217 | 2026-03-31 | → |
| 48 | MORNINGSTAR INVESTMENT MANAGEMENT LLC | CHICAGO | 108031 | $87.82B | 267 | 2026-03-31 | → |
| 49 | NATIONWIDE FUND ADVISORS | COLUMBUS | 109391 | $83.14B | 129 | 2026-02-28 | → |
| 50 | GALLIARD CAPITAL MANAGEMENT, LLC | MINNEAPOLIS | 106487 | $80.27B | 89 | 2026-03-31 | → |
| 51 | CRESSET ASSET MANAGEMENT, LLC | CHICAGO | 288566 | $78.94B | 496 | 2026-05-31 | → |
| 52 | MEEDER PUBLIC FUNDS, INC. | DUBLIN | 106816 | $70.16B | 77 | 2026-06-30 | → |
| 53 | BLUE OWL REAL ESTATE CAPITAL LLC | CHICAGO | 165132 | $67.88B | 130 | 2026-05-31 | → |
| 54 | CIBC PRIVATE WEALTH ADVISORS, INC. | CHICAGO | 109644 | $67.84B | 610 | 2026-06-30 | → |
| 55 | HARBOR CAPITAL ADVISORS, INC. | CHICAGO | 113042 | $67.64B | 240 | 2026-03-31 | → |
| 56 | ADAMS STREET PARTNERS, LLC | CHICAGO | 109358 | $66.49B | 318 | 2026-06-30 | → |
| 57 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | CHICAGO | 173961 | $65.60B | 388 | 2026-04-30 | → |
| 58 | ORION PORTFOLIO SOLUTIONS, LLC | OMAHA | 107975 | $64.84B | 305 | 2026-06-30 | → |
| 59 | WILLIAM BLAIR & COMPANY L.L.C. | CHICAGO | 1252 | $64.28B | 492 | 2026-03-31 | → |
| 60 | TOWERS WATSON INVESTMENT SERVICES, INC. | CHICAGO | 110473 | $62.67B | 239 | 2026-05-31 | → |
| 61 | VALOR MANAGEMENT LLC | CHICAGO | 160014 | $59.32B | 104 | 2026-04-30 | → |
| 62 | WALLEYE CAPITAL LLC | WAYZATA | 161413 | $52.11B | 380 | 2026-04-30 | → |
| 63 | MAI CAPITAL MANAGEMENT, LLC | CLEVELAND | 109807 | $52.10B | 562 | 2026-05-31 | → |
| 64 | BDT CAPITAL PARTNERS, LLC | CHICAGO | 160914 | $51.52B | 498 | 2026-03-31 | → |
| 65 | CWM, LLC | OMAHA | 155344 | $50.58B | 1,416 | 2026-06-30 | → |
| 66 | MONETA GROUP INVESTMENT ADVISORS, LLC | ST. LOUIS | 104727 | $50.54B | 585 | 2026-03-31 | → |
| 67 | MESIROW FINANCIAL INVESTMENT MANAGEMENT, INC. | CHICAGO | 111135 | $50.44B | 161 | 2026-06-30 | → |
| 68 | AE WEALTH MANAGEMENT, LLC | TOPEKA | 282580 | $49.84B | 630 | 2026-06-30 | → |
| 69 | SAVANT CAPITAL, LLC | ROCKFORD | 107271 | $49.57B | 659 | 2026-04-30 | → |
| 70 | GTCR LLC | CHICAGO | 159545 | $48.64B | 204 | 2026-03-31 | → |
| 71 | THRIVENT ASSET MANAGEMENT, LLC | MINNEAPOLIS | 137751 | $47.99B | 426 | 2026-03-31 | → |
| 72 | ANTARES CAPITAL ADVISERS LLC | CHICAGO | 281998 | $47.39B | 466 | 2026-03-31 | → |
| 73 | MARQUETTE ASSOCIATES, INC. | CHICAGO | 21572 | $47.06B | 147 | 2026-05-31 | → |
| 74 | PINE RIVER CAPITAL MANAGEMENT L.P. | MINNETONKA | 133720 | $46.87B | 31 | 2026-06-30 | → |
| 75 | TIDAL INVESTMENTS LLC | MILWAUKEE | 164201 | $45.83B | 207 | 2026-03-31 | → |
| 76 | CALAMOS ADVISORS LLC | NAPERVILLE | 105758 | $43.89B | 300 | 2026-04-30 | → |
| 77 | ALYESKA INVESTMENT GROUP, L.P. | CHICAGO | 155058 | $41.68B | 60 | 2026-03-31 | → |
| 78 | SECURIAN ASSET MANAGEMENT, INC. | ST PAUL | 109905 | $41.56B | 70 | 2026-03-31 | → |
| 79 | ASCENSION INVESTMENT MANAGEMENT, LLC | ST. LOUIS | 159767 | $40.83B | 27 | 2026-01-31 | → |
| 80 | MILLIMAN FINANCIAL RISK MANAGEMENT LLC | CHICAGO | 159377 | $40.33B | 177 | 2026-03-31 | → |
| 81 | MEMBERS CAPITAL ADVISORS, INC. | MADISON | 105960 | $39.46B | 62 | 2026-03-31 | → |
| 82 | PRIME CAPITAL INVESTMENT ADVISORS, LLC | OVERLAND PARK | 288712 | $39.14B | 460 | 2026-06-30 | → |
| 83 | MASON STREET ADVISORS, LLC | MILWAUKEE | 114085 | $39.08B | 13 | 2026-03-31 | → |
| 84 | OSAIC FA, INC. | FORT WAYNE | 3978 | $37.13B | 1,607 | 2025-01-31 | → |
| 85 | SCOUT INVESTMENTS, INC. | KANSAS CITY | 111787 | $36.57B | 53 | 2026-05-31 | → |
| 86 | FOCUS PARTNERS ADVISOR SOLUTIONS, LLC | ST. LOUIS | 143319 | $36.41B | 309 | 2026-03-31 | → |
| 87 | CASTLELAKE, L.P. | MINNEAPOLIS | 145165 | $35.29B | 251 | 2026-03-31 | → |
| 88 | RREEF AMERICA L.L.C. | CHICAGO | 109596 | $34.34B | 175 | 2026-05-31 | → |
| 89 | CLEARSTEAD ADVISORS, LLC | CLEVELAND | 105674 | $33.88B | 280 | 2026-03-31 | → |
| 90 | SEQUOIA FINANCIAL ADVISORS, L.L.C. | AKRON | 117756 | $32.24B | 424 | 2026-06-30 | → |
| 91 | CONSTELLATION INVESTMENTS, INC. | MONTGOMERY | 107528 | $31.48B | 45 | 2026-03-31 | → |
| 92 | TOUCHSTONE ADVISORS INC | CINCINNATI | 107028 | $31.09B | 86 | 2026-03-31 | → |
| 93 | PRUDENT MAN ADVISORS, LLC | NAPERVILLE | 301973 | $30.59B | 157 | 2026-04-30 | → |
| 94 | 40/86 ADVISORS, INC. | CARMEL | 107740 | $30.50B | 84 | 2026-04-30 | → |
| 95 | INNOVATOR CAPITAL MANAGEMENT, LLC | WHEATON | 287718 | $30.24B | 73 | 2026-06-30 | → |
| 96 | ADVANCED CAPITAL GROUP, INC. | MINNEAPOLIS | 109673 | $29.99B | 22 | 2026-03-31 | → |
| 97 | DIAMOND HILL CAPITAL MANAGEMENT INC | COLUMBUS | 110638 | $29.38B | 120 | 2026-05-31 | → |
| 98 | AMERITAS INVESTMENT PARTNERS, INC. | LINCOLN | 109381 | $29.01B | 51 | 2026-03-31 | → |
| 99 | WINSLOW CAPITAL MANAGEMENT LLC | MINNEAPOLIS | 106940 | $28.66B | 37 | 2026-03-31 | → |
| 100 | ASSET ALLOCATION & MANAGEMENT COMPANY, LLC | CHICAGO | 109875 | $27.49B | 49 | 2026-03-31 | → |
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