Oarsman Capital is the only Milwaukee-based firm on this year's list
We are honored to announce that Oarsman Capital, Inc. (“Oarsman”) has been named to the 2026 CNBC Financial Advisor 100, CNBC’s annual ranking of the top registered investment advisory firms in the country. Oarsman is one of four Wisconsin firms and the only Milwaukee-based firm recognized this year.
“We are honored to be recognized by CNBC. Our work has always started with listening to or clients and understanding what matters most to them. This recognition belongs to our entire team, and we will keep working every day to earn the trust our clients place in us,” said Bob Phelps, CFA, President of Oarsman.
CNBC, in partnership with data provider AccuPoint Solutions, began their methodology with the 41,578 registered investment advisory firms (“RIAs”) at either the state or federal level. That group was narrowed to 1,015 RIAs that met CNBC’s baseline requirements, which were then evaluated and ranked using weighted criteria including:
- Assets Under Management: Total client assets managed by the firm.
- Years in Business: The firm’s track record and longevity in the industry.
- Advisor Credentials: The number of CERTIFIED FINANCIAL PLANNER™ professionals, investment advisor representatives, and other professional designations at the firm.
- Client Accounts: The total number of accounts under management.
- Regulatory Record: The compliance and disciplinary history of the firm and its advisors.
CNBC receives no compensation for reviewing and placing firms on the list.
For the complete 2026 CNBC Financial Advisor 100, visit https://www.cnbc.com/2026/10/08/best-financial-advisors.html.
ABOUT OARSMAN CAPITAL, INC.
Oarsman Capital, Inc. is a Milwaukee-based, independent, fee-only firm with over $1 billion in assets under management, now in our 26th year serving clients. As an investment advisor, Oarsman offers investment management and financial planning to high-net-worth individuals, families, and institutions. Through LRC Aviation Advisors, a division of Oarsman Capital, we also provide specialized financial planning to airline pilots nationwide.