Data / Investment advisers / Serving state and municipal governments / Pennsylvania
Investment advisers in Pennsylvania serving state and municipal governments: 69 firms
Updated November 7, 2026. Source: the SEC's Form ADV data files for investment advisers.
69 SEC registered investment advisers with a main office in Pennsylvania report state and municipal governments among their clients in Form ADV item 5.D, and together they attribute $350 billion of their assets under management to them, in the SEC's file of November 2, 2026. The adviser with the most is Federated Investment Counseling.
The request: Every investment adviser in Pennsylvania that serves state and municipal governments, with AUM, phone and website. $10 of work on sign-up, no card.
SpecStream is the live web data engine for teams and agents. It reads the SEC's Form ADV files every month, and this page is that reading, keyed on the CRD number. Ask for the advisers you track by state, city, size, client type or private funds, and new registrations and filings arrive in your sheet, CRM, Slack or agent as the SEC publishes them.
- 69Advisers
- $350 billionAUM from this client type
- 68Advisers over $100 million
- November 2, 2026File date
Advisers in Pennsylvania serving state and municipal governments
Ranked by the AUM the adviser attributes to this client type. Each row links to the firm page where it has one, and to its SEC record.
| Adviser | City | Clients of this type | AUM from this type | Total AUM | Source |
|---|
| Federated Investment Counseling | Pittsburgh | 22 | $156.97 billion | $207.21 billion | adviserinfo.sec.gov |
| Mellon Investments Corporation | Pittsburgh | 89 | $86.96 billion | $873.87 billion | adviserinfo.sec.gov |
| Hamilton Lane | Conshohocken | 21 | $36.82 billion | $141.83 billion | adviserinfo.sec.gov |
| Xponance LLC | Philadelphia | 42 | $18.72 billion | $24.27 billion | adviserinfo.sec.gov |
| Cooke & Bieler, L.P. | Philadelphia | 25 | $5.11 billion | $10.56 billion | adviserinfo.sec.gov |
| Centersquare Investment Management LLC | Conshohocken | 24 | $4.62 billion | $13.70 billion | adviserinfo.sec.gov |
| Brandywine Global Investment Management, LLC | Philadelphia | 42 | $4.26 billion | $65.44 billion | adviserinfo.sec.gov |
| CS McKee | Warrendale | 320 | $4.18 billion | $11.65 billion | adviserinfo.sec.gov |
| Nomura Investment Management Business Trust | Philadelphia | 15 | $3.43 billion | $144.04 billion | adviserinfo.sec.gov |
| Abrdn Inc. | Philadelphia | 12 | $2.96 billion | $41.48 billion | adviserinfo.sec.gov |
| SEI Investments Management Corp | Oaks | 4 | $2.63 billion | $216.43 billion | adviserinfo.sec.gov |
| Harvest Fund Advisors LLC | Wayne | 16 | $2.47 billion | $8.13 billion | adviserinfo.sec.gov |
| CBRE Investment Management Listed Real Assets LLC | Radnor | 15 | $2.33 billion | $10.80 billion | adviserinfo.sec.gov |
| Emerald Advisers, LLC | Leola | 23 | $2.05 billion | $3.30 billion | adviserinfo.sec.gov |
| Hartford Funds | Wayne | Fewer than 5 | $1.87 billion | $152.07 billion | adviserinfo.sec.gov |
| Cornerstone Advisors Asset Management, LLC | Bethlehem | 21 | $1.63 billion | $9.57 billion | adviserinfo.sec.gov |
| LBC Credit Partners | Radnor | 5 | $1.13 billion | $3.24 billion | adviserinfo.sec.gov |
| Franklin Park | Bala Cynwyd | 1 | $1.11 billion | $10.21 billion | adviserinfo.sec.gov |
| Penn Capital Management Company, LLC | Philadelphia | Fewer than 5 | $993.6 million | $1.94 billion | adviserinfo.sec.gov |
| Mount Lucas Management LP | Newtown | 5 | $931.4 million | $1.30 billion | adviserinfo.sec.gov |
| Copeland Capital Management, LLC | Conshohocken | 10 | $791.5 million | $4.06 billion | adviserinfo.sec.gov |
| Commonwealth Investment Management | Pittsburgh | 37 | $770.6 million | $1.28 billion | adviserinfo.sec.gov |
| Girard Pension Services, LLC | Allentown | 62 | $733.8 million | $733.8 million | adviserinfo.sec.gov |
| Janney Montgomery Scott LLC | Philadelphia | 145 | $717.3 million | $110.11 billion | adviserinfo.sec.gov |
| Stoneridge PMG Advisors, LLC | Radnor | 13 | $676.9 million | $774.2 million | adviserinfo.sec.gov |
| Conrad Siegel Investment Advisors | Harrisburg | 63 | $563.2 million | $12.13 billion | adviserinfo.sec.gov |
| Chartwell Investment Partners, LLC | Berwyn | 5 | $418.8 million | $12.97 billion | adviserinfo.sec.gov |
| Twin Capital Management Inc | McMurray | 12 | $342.4 million | $837.8 million | adviserinfo.sec.gov |
| Envestnet Retirement Solutions, LLC | Berwyn | 65 | $318.2 million | $16.30 billion | adviserinfo.sec.gov |
| Marquette Associates, Inc. | West Chester | 4 | $312.7 million | $315.7 million | adviserinfo.sec.gov |
| US Asset Management, LLC | Pittsburgh | 30 | $290.4 million | $358.5 million | adviserinfo.sec.gov |
| Conestoga Capital Advisors, LLC | Wayne | 9 | $284.9 million | $6.94 billion | adviserinfo.sec.gov |
| Northeast Financial Group, Inc. | Allentown | 31 | $266.5 million | $1.44 billion | adviserinfo.sec.gov |
| Birch Run Investments, LLC | Exton | 7 | $260 million | $457.5 million | adviserinfo.sec.gov |
| Logan Capital Management, Inc. | Newtown Square | 6 | $240.3 million | $3.10 billion | adviserinfo.sec.gov |
| Radcliffe Capital Management, L.P. | Bala Cynwyd | 1 | $178.7 million | $5.14 billion | adviserinfo.sec.gov |
| Asco Financial Group, Inc. | Kingston | 61 | $170.7 million | $173.2 million | adviserinfo.sec.gov |
| JFS Wealth Advisors, LLC | Hermitage | 6 | $168.8 million | $4.73 billion | adviserinfo.sec.gov |
| Addison Capital | Conshohocken | 2 | $145.8 million | $1.12 billion | adviserinfo.sec.gov |
| Villanova Investment Management Company, LLC | Wayne | Fewer than 5 | $114.5 million | $143.9 million | adviserinfo.sec.gov |
| Envestnet PMC | Berwyn | 769 | $104 million | $614.93 billion | adviserinfo.sec.gov |
| Integrated Capital Management, Inc. | Jessup | 24 | $60.7 million | $232.4 million | adviserinfo.sec.gov |
| Gridiron Partners, LLC | Wexford | 6 | $55.5 million | $285.8 million | adviserinfo.sec.gov |
| Biondo Investment Advisors LLC | Milford | Fewer than 5 | $53.1 million | $1.29 billion | adviserinfo.sec.gov |
| Connors Investor Services Inc | Wyomissing | 11 | $52.2 million | $1.28 billion | adviserinfo.sec.gov |
| Stonebridge Financial Group, LLC | Wormleysburg | 1 | $49.5 million | $2.28 billion | adviserinfo.sec.gov |
| Oakmont Capital Management, LLC | Oakmont | 22 | $47.8 million | $3.09 billion | adviserinfo.sec.gov |
| Englebert Financial Advisers, LLC | Allentown | 23 | $32.6 million | $156.6 million | adviserinfo.sec.gov |
| Schneider Downs Wealth Management Advisors, LP | Pittsburgh | 2 | $31.6 million | $3.31 billion | adviserinfo.sec.gov |
| Ajo Vista, an Emerald Company | Leola | Fewer than 5 | $28.8 million | $29.3 million | adviserinfo.sec.gov |
| Bruton Chisnell Advisors, LLC | Downingtown | 4 | $24.6 million | $772.5 million | adviserinfo.sec.gov |
| Bryn Mawr Trust Advisors, LLC | Philadelphia | Fewer than 5 | $24.4 million | $3.51 billion | adviserinfo.sec.gov |
| Haverford Financial Services, Inc. | Radnor | Fewer than 5 | $20.5 million | $366.4 million | adviserinfo.sec.gov |
| Confluence Financial Partners | McMurray | 4 | $20.4 million | $7.81 billion | adviserinfo.sec.gov |
| DT Investment Partners, LLC | Chadds Ford | Fewer than 5 | $16.5 million | $1.91 billion | adviserinfo.sec.gov |
| Emerald Investment Advisers, LLC | Leola | Fewer than 5 | $15.2 million | $2.26 billion | adviserinfo.sec.gov |
| RKL Private Wealth | Lancaster | Fewer than 5 | $13.6 million | $2.51 billion | adviserinfo.sec.gov |
| PW Nova Financial Services LLC | Newtown | 1 | $12.1 million | $654.3 million | adviserinfo.sec.gov |
| FS Digital Infrastructure Advisor, LLC | Philadelphia | Fewer than 5 | $10 million | $3.21 billion | adviserinfo.sec.gov |
| Key Financial, Inc. | West Chester | Fewer than 5 | $7.8 million | $2.84 billion | adviserinfo.sec.gov |
| Ellis Investment Partners, LLC | Berwyn | 2 | $7 million | $986.8 million | adviserinfo.sec.gov |
| WMS Wealth Planners | Pittsburgh | Fewer than 5 | $7 million | $314.7 million | adviserinfo.sec.gov |
| Guyasuta Investment Advisors, Incorporated | Pittsburgh | 1 | $6.5 million | $2.44 billion | adviserinfo.sec.gov |
| Asset Strategy Retirement Plan Consultants, LLC | Camp Hill | 1 | $4.3 million | $116.4 million | adviserinfo.sec.gov |
| Cookson Peirce Wealth Management | Pittsburgh | Fewer than 5 | $3.5 million | $2.56 billion | adviserinfo.sec.gov |
| Milestone Financial Associates, LLC | Macungie | Fewer than 5 | $2.4 million | $654.5 million | adviserinfo.sec.gov |
| Oar Financial | Bryn Mawr | 1 | $1.7 million | $114.5 million | adviserinfo.sec.gov |
| D.B. Root & Company, LLC | Pittsburgh | 1 | $185,720 | $952.4 million | adviserinfo.sec.gov |
| Renovus Associates, LLC | Wayne | 1 | Not listed | $2.57 billion | adviserinfo.sec.gov |
Also on SpecStream
Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.