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ria firms by state

RIA firms in South Dakota

1,136 RIA firms are registered or notice filed in South Dakota: 64 state registered and 1,072 federally registered. 38 are headquartered here.

1,136Registered or notice filed
64State registered
1,072Federally registered
38Headquartered here
31Headquartered here with advisers on record

Another 10 state registered advisers with no address on file are registered only in South Dakota. One exempt reporting adviser also files in South Dakota and is not counted as an RIA firm. #48 of 52 by RIA firms headquartered.

the largest here

The largest RIA firms headquartered in South Dakota, by adviser headcount.

FirmAdvisersReported AUMRegistrationCity
Elgethun Capital Management 10 $1.1B Federally registered Sioux Falls
Hahn Financial Group 9 $189M Federally registered Sioux Falls
Sage Capital Advisors, LLC 8 $63M Federally registered Sioux Falls
Compass Financial Group, Inc 7 $1.5B Federally registered Sioux Falls
KFG, LLC 7 $188M Federally registered Rapid City
Big Sioux Wealth Management 5 $235M Federally registered Watertown
Aspen Private Advisors, LLC 5 $2M Federally registered Sioux Falls
Hi-Line Capital Management, LLC 2 $757M Federally registered Watertown
Lauer Capital Management Ltd 2 $323M Federally registered Sioux Falls
Parvin Asset Management, LLC 2 $179M Federally registered Sioux Falls

Reported AUM

Of the RIA firms headquartered in South Dakota that report assets. Advisers each report the assets they manage, so assets one firm sub-advises for another are counted by both.

Total reported
$7.5B
Firms reporting
31
Median, federally registered
$218M
Median, state registered
$42.3M

How they charge

Share of the 34 firms headquartered here that report their fees.

Percentage of Assets91%
Fixed Fees62%
Hourly Charges50%
Other Fees6%
Performance-Based Fees3%

Who they serve

Share of the 32 firms headquartered here that report their client types.

High Net Worth Individuals91%
Individuals88%
Corporations/Businesses31%
Charities and Non-Profits25%
Pension/Profit Sharing Plan13%
Pooled Investment Vehicles9%

Cities

RIA firms headquartered in each city.

Sioux Falls22
Rapid City5
Watertown4
Aberdeen3
beyond a registration lookup

Every firm, every rep, one record.

A registration lookup shows one firm or one person at a time. Accupoint connects them: each firm with its filings, its offices, its executives and every rep and adviser who works there, each of them on their own record across insurance, Broker Dealer and advisory data.

Filings

Size, registrations and practice

Reported AUM, accounts and employees where filed, registrations by state, fee structure, client types and services.

People

Executives and every rep

Executive officers and the reps and advisers at each firm, with their licenses, registrations and employment history.

Offices

Headquarters and branches

Where each firm is based and, for Broker Dealers, every branch office with the reps who work there.

Act on it

Search, CRM, Claude and ChatGPT

Search and export firms and their people, push records to your CRM (ask which CRMs your account supports), or ask Accupoint from Claude or ChatGPT, in preview.

questions

South Dakota RIA firms, answered.

How many RIA firms are registered in South Dakota?

1,136 RIA firms are registered or notice filed in South Dakota: 64 state registered and 1,072 federally registered. 38 are headquartered there.

Which RIA firms in South Dakota have the most advisers?

Elgethun Capital Management (10 advisers), Hahn Financial Group (9 advisers) and Sage Capital Advisors, LLC (8 advisers).

How much do RIA firms in South Dakota manage?

The 31 RIA firms headquartered in South Dakota that report assets report $7.5B in total. The median is $218M for federally registered firms and $42.3M for state registered firms.

What is the difference between state and federally registered RIA firms?

Smaller advisers register with the states where they work. Larger advisers register federally and notice file in the states where they have clients, so both appear here.

Can I send these firms to my CRM or ask about them from Claude or ChatGPT?

Yes, on a plan that includes them. Push records to your CRM (ask which CRMs your account supports), or ask Accupoint from Claude or ChatGPT, in preview.

Is Accupoint a government agency?

No. Accupoint is an independent data company, not a government agency and not a consumer reporting agency.

Search South Dakota RIA firms on Accupoint.

Every firm with its advisers, reported AUM and offices, or talk with our team about the audience you need.