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July 24, 2026

The 20 Largest Investment Advisers in Alabama

Alabama is home to 91 SEC-registered investment advisers. Here are the 20 largest by regulatory assets under management, from current Form ADV filings.

# Firm City Reg. AUM
1 Waverly Advisors, LLC Birmingham $29.78B
2 Highland Associates Inc Birmingham $20.99B
3 Regions Investment Management, Inc. Birmingham $20.14B
4 Aptus Capital Advisors, LLC Fairhope $14.14B
5 Harbert Fund Advisors, LLC Birmingham $7.82B
6 Rfg Advisory, LLC Vestavia Hills $6.81B
7 Vulcan Value Partners LLC Birmingham $6.08B
8 Resource Management Service, LLC Birmingham $5.92B
9 Eversource Wealth Advisors, LLC Birmingham $5.1B
10 Stonex Advisors Inc. Birmingham $5.09B
11 Keel Point, LLC Huntsville $4.07B
12 Johnson Sterling, Inc. Birmingham $3.9B
13 The Welch Group, LLC Birmingham $3.68B
14 Oneascent Financial Services LLC Birmingham $3.54B
15 Leavell Investment Management, Inc. Mobile $3.4B
16 Arlington Partners LLC Birmingham $2.31B
17 Jackson Thornton Wealth Management, LLC Montgomery $2.01B
18 Nbc Securities, Inc. Birmingham $1.78B
19 Southern Financial Group, LLC Birmingham $1.05B
20 Marble Wealth, LLC Montgomery $1.05B

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