New York RIA Landscape — 2025

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

Source: SEC Form ADV · Updated Q4 2024

Total Firms

3,487

Total AUM?

$1.54T

Median AUM

$26M

13F Filers

401

AUM Tier Distribution

Under $100M1022

$100M–$500M1222

$500M–$1B425

$1B–$5B593

$5B+225

State Snapshot

Total Firms3,487

Total AUM$1.54T

Median AUM$26M

13F Filers401

High Succession Risk162

Elevated Succession Risk205

Succession Risk Breakdown

High

35 firms (4%)

Elevated

49 firms (5%)

Moderate

155 firms (16%)

Lower

761 firms (76%)

Growth Leaders — Wealth Advisory Firms

Firm	City	AUM	3Y CAGR	Succession
ODEON CAPITAL ADVISORS LLC	NEW YORK	$786M	+149.3%	Lower
OBRA CAPITAL MANAGEMENT, LLC.	NEW YORK	$5.7B	+148.3%	Moderate
INTEGRUM HOLDINGS LP	NEW YORK	$2.6B	+139.9%	Lower
ALPHAPARITY, LLC	NEW YORK	$507M	+137.9%	Lower
LIONEYE CAPITAL MANAGEMENT LLC	NEW YORK	$1.7B	+137.2%	Lower
BLACKSTONE NWI ASSET MANAGEMENT L.L.C.	NEW YORK	$1.4B	+134.9%	Lower
CFIC (US) INC	NEW YORK	$824M	+131.9%	Lower
HORIZONS ETFS MANAGEMENT (US) LLC	NEW YORK	$279M	+124.6%	Lower

M&A Opportunity Signals

🎯

304Acquisition candidates

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

📈

118Growing but vulnerable

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

📉

65Mid-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	ASTORIA PORTFOLIO ADVISORS LLC	$699M	63.9
2	PECONIC PARTNERS LLC	$1.8B	53.7
3	KENNERMAN ASSOCIATE INC	$825M	45.5
4	TIMECAPITAL INVESTOR ADVISORY SERVICES INC	$262M	44.2
5	THE NORTHSTAR GROUP, INC.	$872M	42.5
6	FISCHER INVESTMENT GROUP, INC.	$421M	41.7

🔒

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 New York. 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.