SOURCE: BrightScope

June 05, 2012 09:00 ET

BrightScope Issues List of Top 25 Raleigh, North Carolina Area-Based RIA Firms

Eton Advisors, Lp Tops the List With More Than $800 Million in Total Assets Under Management, Followed by Pri Investments, Inc. With $257.4M

SAN DIEGO, CA--(Marketwire - Jun 5, 2012) - BrightScope (, a leading provider of independent financial information and investment research, today announced the Top 25 Registered Investment Advisor (RIA) firms in the Raleigh, North Carolina area, focused on individual money management, with the greatest amount of assets under management. This list is part of the series that BrightScope regularly issues to highlight data contained within its Advisor Pages™, a breakthrough way for people to discover, research, and select a financial advisor.

"Regionalized Top RIA lists have proven to be a great way to educate consumers that there is a way to easily research and identify the most appropriate advisor for their financial situation through BrightScope Advisor Pages," said Mike Alfred, CEO and co-founder of BrightScope. "Currently many advisors and broker-dealers do not disclose performance to the general public, making it difficult for prospects to select the right advisor and challenging for the best advisors to grow their practice. With these regular lists, we are committed to accelerating the financial advisory industry's growth and increase its legitimacy while giving consumers peace-of-mind."

By aggregating hard-to-discover but publicly available information on advisors, BrightScope has created a free, easy-to-use database that is searchable from multiple dimensions. BrightScope's Advisor Pages™ features the data most critical to investors tasked with making an informed decision on which financial professional best meets their needs, including location, qualifications, amount and types of assets under management, area of specialty, legal disputes, formal complaints and more.

Top 25 Raleigh, North Carolina area-based advisors by total assets under management:

Company - Total assets under management

1. Eton Advisors, Lp - $826.4M
2. Pri Investments, Inc. - $257.4M
3. Kuhn & Carson, Inc. - $242.7M
4. Cardinal Capital Management Inc - $172.0M
5. Davis Wealth Management - $145.0M
6. Financal Symmetry Inc. - $137.3M
7. Armor Investment Advisors, LLC - $136.4M
8. Wrenn Financial Strategies, Inc. - $103.0M
9. Townsend Asset Management Corp. - $97.2M
10. Frazier Financial Consultants, LLC - $75.3M
11. Fortune Management, LLC - $64.9M
12. Chris C Crenshaw Financial Services, LLC -$60.0M
13. Wisdom & Wealth Solutions, Inc. - $45.0M
14. Cornerstone Capital Management, LLC - $44.5M
15. Park Ridge Asset Management - $40.9M
16. The Mutual Fund Store - $40.2M
17. Beacon Investment Management, Inc. - $38.7M
18. Trg Capital Management, Inc. - $36.0M
19. Chapel Hill Investment Advisors - $35.8M
20. Chatham Advisors - $31.7M
21. Hollingsworth Avent Averre & Purvis, Pa - $30.0M
22. Fulbright Financial Consulting, Pa - $28.7M
23. Sound Financial Management, Inc. - $28.7M
24. Reliance Financial Group, Inc. - $21.6M
25. Sovereign Financial Group - $19.1M

BrightScope obtains its data directly from publicly available sources, including required regulatory filings from the Securities and Exchange Commission. Financial advisors can augment these primary sources by claiming their BrightScope Advisor Page™. By analyzing and interpreting this data, BrightScope now provides unparalleled insight into the financial management industry.

For more information about BrightScope Advisor Pages™ or to find information on a financial advisor, please visit

About BrightScope
BrightScope is a financial information company that brings transparency to opaque markets through independent research and analysis. Delivered through web-based software, BrightScope data drives better decision-making for individual investors, corporate plan sponsors, asset managers, broker-dealers, and financial advisors. The BrightScope Rating™, developed in partnership with leading independent 401k fiduciaries, reviews more than 200 unique data inputs per plan and calculates a single numerical score which defines plan quality at the company level. In April 2011, the company launched BrightScope Advisor Pages™, the first comprehensive and publicly available directory of financial advisors designed to help consumers discover information and conduct due diligence on wealth management professionals. BrightScope also markets a suite of data analytics software products to Fortune 1000 companies, asset managers, broker-dealers, financial advisors, and other market participants. Public ratings for more than 46,000 retirement plans as well as rating definitions, criteria and methodologies, and information on more than 740,000 financial advisors and 45,000 advisory firms are available for free at

Contact Information

  • Katie Carlson
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