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FinCEN AML scope: Ohio's investment advisers

259 of Ohio's SEC-registered investment advisers clear FinCEN's three-part AML scope test, from the SEC's own roster dated 2026-08-03. See the exact filter and sources for how that population is defined.

What stands out in Ohio

Ohio has the lowest private-fund exposure of the ten largest states, at 18.9%, less than half the national rate of 39.8%, and the lowest share of firms where a related person holds custody, at 19.7% against a national 34.5%. Of the states on this list, Ohio's in-scope firms look the most like plain retail advisers rather than fund managers.

Ohio's numbers, in full

Firms in scope
259

Firms in scope

Median staff
6

Median staff

Fewer than 20 people
219 (84.6%)

Fewer than 20 people

5 people or fewer
110 (42.5%)

5 people or fewer

Custody of client cash or securities
136 (52.5%)

Custody of client cash or securities

A related person holds custody
51 (19.7%)

A related person holds custody

Advise at least one private fund
49 (18.9%)

Advise at least one private fund

Median AUM
$360.2 million

Median AUM

This page is independent research, not legal advice, computed from the SEC's own public roster of investment advisers. See the method and sources. Verify anything load-bearing against the Federal Register text itself before acting on it.