Reading the graph
M••• I••••••••• L•• · firm
computed from facts with a stated formula and window
M••• I••••••••• L•• reported RAUM $2.5B, down 32% from $3.7B (2026-03-31 to 2026-08-11)
Why now: Dated 2026-08-11 (filing); first seen by DFX 2026-09-15.
Buyer classes for this family: RIA aggregators, Advisor recruiters, Custodians, PE sponsors.
a 25% RAUM move on a large firm is a dated business event; declines name acquisition and recruiting targets, rises name winners. Evidence class: derived; source SEC Form ADV filing data 2011-2024 (FOIA extract).
DFX product: Advisor Recruiting Intelligence
the move is a reporting-basis change on the ADV
Dated 2026-09-13 (filing); first seen by DFX 2026-09-15.
Dated 2026-09-11 (filing); first seen by DFX 2026-09-15.
Rank 40.0: consequence 2, commercial 4, timeliness 4, novelty 5, confidence 5, magnitude 0, affected 1, actionability 2
Family ria.raum_change · public · computed today
Dated 2026-09-09 (filing); first seen by DFX 2026-09-15.
Dated 2026-09-09 (filing); first seen by DFX 2026-09-15.
Dated 2026-09-04 (filing); first seen by DFX 2026-09-15.
Dated 2026-09-04 (filing); first seen by DFX 2026-09-15.