3 Largest Registered Investment Advisors (RIAs) in Nevada

2. The Investment Counsel Company of Nevada (ICC) = ~$1B+ in AUM

Founded by Randy Garcia in 1987, The Investment Counsel Company of Nevada (ICC) is a Las Vegas, Nevada-based advisory firm providing investment consulting, business acumen, professional networking and even career guidance for a range of clients — from families and individuals to businesses and institutions. ICC was one of the first wealth management firms in Nevada to introduce the fiduciary standard in serving clients. Today, its comprehensive approach, built on decades of experience, goes far beyond standard investment guidance. Both the Wall Street Journal and Barron’s have named ICC as a leading financial advisory firm in Nevada for seven straight years and one of the Top 100 Independent Financial Advisors in the nation in 2019 and 2020 based on factors including assets under management, philanthropic work and regulatory record.

Quick Hitters:

- Founded: 1987
- Headquarters: Las Vegas, NV
- Discretionary Assets: ~$927M+
- Non-Discretionary Assets: $129M+
- Total AUM: ~$1B+
- Specialties: Portfolio management and advisory services to individuals, institutions, trusts, private funds, charitable organizations and investment companies 

3. WCG Wealth Advisors = ~$1.96B+ in AUM

Founded in 1995, WCG Wealth Advisors is a Las Vegas, Nevada-based independent wealth management firm with additional offices throughout the United States. The firm began as a sole proprietorship owned and operated by one of WCG’s principals. Today, WCG serves individuals, families and corporations, assisting them with a myriad of details needed to address personalized wealth management plans. WCG strives to be a leader in sustainable and responsible investing, as a growing number of investors are seeking to align their investments with personal values.

Quick Hitters:

- Founded: 1995
- Headquarters: Las Vegas, Nevada 
- Discretionary Assets: ~$1.66B+
- Non-Discretionary Assets: $297M+
- Total AUM: ~$1.96B+
- Specialties: Wealth planning, investment advisory, insurance brokerage and retirement planning

RIA Review:

In general terms, a registered investment advisor (RIA) is a firm advising or managing the wealth of high-net-worth individuals or institutions. Directly regulated by the Securities Exchange Commission (SEC), RIAs offer a wide range of financial services — from wealth and investment management to direct lending and personal finance education, etc. An important distinction regarding RIAs is the fiduciary obligation to always act in the best interest of their clients.

For more information on RIAs, check out our recent blog post: Exploring the Registered Investment Advisor (RIA) Channel, or visit the FINTRX Resource Library below.