Mississippi RIA Landscape — 2025

A data-driven overview of SEC-registered wealth advisory firms headquartered in Mississippi, including growth trends, succession risk analysis, and M&A opportunity signals.

Source: SEC Form ADV · Updated Q4 2024

Total Firms

43

Total AUM?

$17.2B

Median AUM

$252M

13F Filers

7

AUM Tier Distribution

Under $100M6

$100M–$500M29

$500M–$1B2

$1B–$5B6

$5B+0

State Snapshot

Total Firms43

Total AUM$17.2B

Median AUM$252M

13F Filers7

High Succession Risk10

Elevated Succession Risk5

Succession Risk Breakdown

High

10 firms (23%)

Elevated

5 firms (12%)

Moderate

10 firms (23%)

Lower

18 firms (42%)

Growth Leaders — Wealth Advisory Firms

Firm	City	AUM	3Y CAGR	Succession
ARGENT WEALTH, LLC	RIDGELAND	$439M	+43.1%	Lower
COKER & PALMER, INC.	JACKSON	$244M	+40.4%	Lower
ADDICUS ADVISORY, LLC	TUPELO	$275M	+33.0%	Lower
ELEMENT WEALTH, LLC	RIDGELAND	$642M	+19.9%	High
CCG ASSET MANAGEMENT, LLC	JACKSON	$577M	+18.0%	Moderate
NEW PERSPECTIVES, INC.	RIDGELAND	$289M	+16.7%	High
HORNE WEALTH ADVISORS, LLC	RIDGELAND	$252M	+16.2%	Lower
BANKPLUS WEALTH MANAGEMENT, LLC	JACKSON	$186M	+13.8%	Moderate

M&A Opportunity Signals

🎯

15Acquisition candidates

Firms with elevated/high succession risk and AUM $100M–$5B

📈

7Growing but vulnerable

Positive 3Y CAGR with high succession risk — attractive for acquirers

📉

4Mid-market shrinking

AUM $100M–$1B with negative 3Y CAGR and elevated+ succession risk

🔒 Top 25 Acquisition Targets — Ranked by Composite Score

Rank	Firm	AUM	Score
1	MCALLISTER CAPITAL MANAGEMENT CORPORATION	$306M	46.5
2	BALLEW ADVISORS INC	$1.1B	44
3	MASCAGNI WEALTH MANAGEMENT, INC.	$366M	44
4	ELEMENT WEALTH, LLC	$642M	43.6
5	NEW PERSPECTIVES, INC.	$289M	41.7
6	HARDY REED, LLC	$2.4B	41.3

🔒

Acquisition Target Rankings

Full ranked list of 25 acquisition targets with composite scores based on succession risk, growth trajectory, and peer benchmarking.

Methodology. This report covers SEC-registered investment advisers classified as wealth advisory firms (filter: is_wealth_advisory = true) headquartered in Mississippi. AUM figures are drawn from the most recent Form ADV filing. Succession risk tiers are computed using a proprietary 5-pillar model incorporating founder tenure, ownership concentration, AUM dependency, team depth, and filing recency. Growth CAGR is calculated from the three most recent annual filings where available. Acquisition scores blend succession risk (40%), AUM growth trajectory (35%), and national peer rank (25%). Data sourced from SEC EDGAR. This page is for informational purposes only and does not constitute investment advice.