The deMAURIAC Press Room

How rare is a firm like deMAURIAC?

One of an estimated 150 to 200 firms of our kind in the world.

Choosing deMAURIAC means choosing one of the rarest investment advisory firms in existence: 100% women-owned, fully independent, and certified by the Women's Business Enterprise National Council (WBENC). Fewer than an estimated 2% of investment advisory firms worldwide are 100% women-owned. Here is exactly how we arrive at that number.

Sources: IAA Investment Adviser Industry Snapshot (2025); SEC Investment Adviser Statistics (2024); NASAA (2024); female-owned RIA share dataset (2023); WBENC. No regulatory body publishes this exact count - the 150–200 figure is a reasoned estimate from deMAURIAC's ongoing research initiative.

We start with the total population of U.S. registered investment advisory firms. We then apply the documented female-ownership rate to estimate how many are women-owned. From that subset, we remove firms backed by private equity, banks, insurance companies, or large aggregators, because those structures dilute true independence. What remains are firms that are both majority women-owned and fully independent. We then narrow further to 100% women-owned firms, and cross-reference with WBENC certification, the national standard for women-owned business verification. The result: 150 to 200 firms out of roughly 20,500, or fewer than an estimated 2%.