---
title: "RIAs and Wealth Managers: Coverage and Commitments"
description: "RIAs and wealth managers that invest in private funds: coverage, mandates and latest commitments on Vestdoor."
url: https://vestdoor.com/investors/rias-and-wealth-managers
updated: 2026-11-11
---

# RIAs and wealth managers that invest in funds

A registered investment adviser or wealth manager advises individuals and families on their portfolios, and increasingly allocates client money to private funds and evergreen vehicles. Coverage, mandates and latest commitments for this type.

[See pricing](https://vestdoor.com/pricing)

## Named investors

Named investors of this type.

| Organisation | Type | Country |
| --- | --- | --- |
| [Northern Trust](https://northerntrust.com) | Wealth manager / RIA | United States |
| PNC Private Bank | Private bank | United States |
| Julius Baer | Private bank | Switzerland |
| [Bernstein Private Wealth Management](https://bernstein.com) | Wealth manager / RIA | United States |
| [AFE Partners](https://www.afepartners.com) | Wealth manager / RIA | Switzerland |

Showing 5 of 40.

Get access to 24,838 investors: https://vestdoor.com/app/signup

*How they invest*

## How RIAs and wealth managers allocate

RIAs and wealth managers allocate client money through model portfolios, feeder funds, access platforms and, for larger clients, direct private-fund commitments.

The fastest-growing channel is the evergreen or semi-liquid vehicle, which gives smaller clients exposure without a long lock-up.

## Frequently asked questions

### How many RIAs and wealth managers are in Vestdoor?

RIAs and wealth managers are part of Vestdoor's 24,838 investors. Coverage comes from feeder and access-fund filings.

### Do RIAs invest in private funds?

Yes, increasingly through feeder funds, access platforms and evergreen vehicles. Direct private-fund commitments are usually reserved for larger clients or advisers with a dedicated alternatives team.

### What is an evergreen fund?

A private-market vehicle with periodic subscriptions and limited or no lock-up, designed for wealth clients who cannot commit capital for ten years. It usually holds a mix of primary funds, secondaries and co-investments.

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Canonical: https://vestdoor.com/investors/rias-and-wealth-managers
Markdown twin: https://vestdoor.com/investors/rias-and-wealth-managers.md