RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
What stands out against comparable advisers
Each row is a reported value or a change between two filings that a person should look at, with the peer group it was compared against (segment by RAUM band, at least thirty advisers), the peer median, the percentile, and the filing it was read from. Static outliers sit at or beyond the 2nd or 98th percentile and three robust deviations from the peer median; changes clear a base-size threshold and sit in the top or bottom decile of changes among peers, so a market year does not flag every adviser. Data quality rows (values that are likely filing errors) are kept apart and hidden unless asked for. None of this is a conclusion about a firm; it is where to look.
- SOUND POINT COMMERCIAL REAL ESTATE FINANCE LLCotherRAUM $2.7Blarge related person networkStatic outlierrelated persons on Schedule D 7.A of 41.0 against a peer median of 6.0 (85 comparable advisers, 100.0th percentile, 7.9 robust deviations)filing Apr 30, 2026peers: other advisers, $1B to $5B (85)100% percentile7.9 robust deviationsconfidence 0.7
- accounts (Item 5.F.2.f) moved from 405.0 to 73.0 (-82.0%) between the annual amendments of 2025-03-10 and 2026-04-30; the peer median change was +2.0% (135 comparable advisers, 3.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, under $100M (135)3.0% percentile4.5 robust deviationsconfidence 0.85
- PARLIAMENT CAPITAL MANAGEMENT, LLCasset managerRAUM $1.2Baccount count collapseChange between filingsaccounts (Item 5.F.2.f) moved from 317.0 to 23.0 (-93.0%) between the annual amendments of 2025-04-30 and 2026-04-30; the peer median change was -2.0% (33 comparable advisers, 9.0th percentile of changes)filing Apr 30, 2026peers: asset managers, $1B to $5B (33)9.4% percentile2.4 robust deviationsconfidence 0.85
- accounts (Item 5.F.2.f) moved from 3,202.0 to 1,170.0 (-63.0%) between the annual amendments of 2025-03-28 and 2026-04-30; the peer median change was +6.0% (1256 comparable advisers, 1.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, $500M to $1B (1,256)1.0% percentile8.5 robust deviationsconfidence 0.85
- accounts (Item 5.F.2.f) moved from 14,552.0 to 5,887.0 (-60.0%) between the annual amendments of 2025-04-02 and 2026-04-30; the peer median change was +2.0% (135 comparable advisers, 8.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, under $100M (135)8.2% percentile3.3 robust deviationsconfidence 0.85
- accounts (Item 5.F.2.f) moved from 53,414.0 to 88,536.0 (+66.0%) between the annual amendments of 2025-03-28 and 2026-04-30; the peer median change was +7.0% (76 comparable advisers, 92.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, $20B and over (76)92% percentile4.6 robust deviationsconfidence 0.85
- RAUM, offices and advisors all grew 25 percent or more in one year: a platform in expansion or an acquisition. RAUM $2,434,909,737 to $8,290,502,368, advisors 20 to 52, private clients 1635 to 4879, offices 6 to 11 (2025-04-15 to 2026-04-30)filing Apr 30, 2026peers: independent wealth managers, $5B to $20B (289)confidence 0.75
- RAUM, offices and advisors all grew 25 percent or more in one year: a platform in expansion or an acquisition. RAUM $2,805,108,884 to $11,304,032,152, advisors 38 to 55, private clients 2558 to 6949, offices 9 to 35 (2025-01-31 to 2026-04-30)filing Apr 30, 2026peers: affiliated wealth managers, $20B and over (50)confidence 0.75
- HNW RAUM per HNW client of $13,542,905 against a peer median of $3,134,900 (1404 comparable advisers, 98.0th percentile, 6.9 robust deviations)filing Apr 30, 2026peers: independent wealth managers, $500M to $1B (1,404)98% percentile6.9 robust deviationsconfidence 0.8
- accounts (Item 5.F.2.f) moved from 6,132.0 to 9,340.0 (+52.0%) between the annual amendments of 2025-04-28 and 2026-04-30; the peer median change was +6.0% (1206 comparable advisers, 92.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, $1B to $5B (1,206)92% percentile5.5 robust deviationsconfidence 0.85
- accounts (Item 5.F.2.f) moved from 124,141.0 to 220,585.0 (+78.0%) between the annual amendments of 2025-04-01 and 2026-04-30; the peer median change was +7.0% (76 comparable advisers, 95.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, $20B and over (76)95% percentile5.5 robust deviationsconfidence 0.85
- distinct affiliate types checked on Item 7.A of 6.0 against a peer median of 2.0 (797 comparable advisers, 99.0th percentile, 5.4 robust deviations)filing Apr 30, 2026peers: asset managers, $1B to $5B (797)99% percentile5.4 robust deviationsconfidence 0.8
- private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $102,105,746 to $265,200,867, advisors 4 to 5, private clients 65 to 85, offices 0 to 0 (2025-01-16 to 2026-04-30)filing Apr 30, 2026peers: other advisers, $100M to $500M (212)confidence 0.75
- accounts (Item 5.F.2.f) moved from 1,085.0 to 1,697.0 (+56.0%) between the annual amendments of 2025-04-11 and 2026-04-30; the peer median change was +6.0% (1256 comparable advisers, 95.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, $500M to $1B (1,256)95% percentile6.2 robust deviationsconfidence 0.85
- filing Apr 30, 2026peers: independent wealth managers, $5B to $20B (289)confidence 0.75
- RAUM (Item 5.F) moved from $218,580,905 to $416,008,260 (+90.0%) between the annual amendments of 2025-03-25 and 2026-04-30; the peer median change was +15.0% (4549 comparable advisers, 99.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, $100M to $500M (4,549)99% percentile7.3 robust deviationsconfidence 0.85
- the advisor count fell 25 percent or more while RAUM stayed within 5 percent: people left without assets leaving (assets retained, or advisors were support staff). RAUM $43,833,669,241 to $43,543,321,650, advisors 21 to 13, private clients 5057 to 4452, offices 3 to 2 (2025-03-12 to 2026-04-30)filing Apr 30, 2026peers: other advisers, $20B and over (120)confidence 0.75
- AMERICAN INDEPENDENT MARKETING, joined Schedule A on the filing of 2026-05-13; advisors 164.0 to 342.0 between the annual amendments of 2025-03-31 and 2026-04-30filing Apr 30, 2026peers: affiliated wealth managers, $5B to $20B (53)confidence 0.75
- advisory representatives (Item 5.B.3) moved from 8.0 to 12.0 (+50.0%) between the annual amendments of 2025-03-28 and 2026-04-30; the peer median change was +3.0% (50 comparable advisers, 94.0th percentile of changes)filing Apr 30, 2026peers: asset managers, $20B and over (50)94% percentile5.0 robust deviationsconfidence 0.85
- advisory representatives (Item 5.B.3) moved from 5.0 to 9.0 (+80.0%) between the annual amendments of 2025-02-27 and 2026-04-30; the peer median change was 0.0% (795 comparable advisers, 99.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, $500M to $1B (795)99% percentile6.5 robust deviationsconfidence 0.85
- advisory representatives (Item 5.B.3) moved from 8.0 to 15.0 (+88.0%) between the annual amendments of 2025-02-14 and 2026-04-30; the peer median change was 0.0% (999 comparable advisers, 99.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, $1B to $5B (999)99% percentile7.1 robust deviationsconfidence 0.85
- ARAX WEALTH, LLC joined Schedule A on the filing of 2026-08-14; advisors 38.0 to 55.0 between the annual amendments of 2025-01-31 and 2026-04-30filing Apr 30, 2026peers: affiliated wealth managers, $20B and over (50)confidence 0.75
- advisory representatives (Item 5.B.3) moved from 14.0 to 25.0 (+79.0%) between the annual amendments of 2025-03-26 and 2026-04-30; the peer median change was 0.0% (999 comparable advisers, 98.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, $1B to $5B (999)98% percentile6.4 robust deviationsconfidence 0.85
- advisory representatives (Item 5.B.3) moved from 5.0 to 9.0 (+80.0%) between the annual amendments of 2025-04-23 and 2026-04-30; the peer median change was 0.0% (795 comparable advisers, 99.0th percentile of changes)filing Apr 30, 2026peers: independent wealth managers, $500M to $1B (795)99% percentile6.5 robust deviationsconfidence 0.85
- employees (Item 5.A) moved from 2,130.0 to 610.0 (-71.0%) between the annual amendments of 2025-03-28 and 2026-04-30; the peer median change was +3.0% (461 comparable advisers, 0.0th percentile of changes)filing Apr 30, 2026peers: asset managers, $20B and over (461)0.4% percentile7.5 robust deviationsconfidence 0.85
- HNW share of RAUM moved from 88.0% to 34.0% between the annual amendments of 2025-03-25 and 2026-04-29filing Apr 29, 2026peers: independent wealth managers, $100M to $500M (5,678)confidence 0.85
- institutional share of RAUM moved from 0.0% to 61.0% between the annual amendments of 2025-03-06 and 2026-04-29filing Apr 29, 2026peers: independent wealth managers, $100M to $500M (5,678)confidence 0.85
- RAUM (Item 5.F) moved from $119,214,747 to $567,226,248 (+376.0%) between the annual amendments of 2025-04-25 and 2026-04-29; the peer median change was +16.0% (1385 comparable advisers, 100.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $500M to $1B (1,385)100% percentile38.6 robust deviationsconfidence 0.85
- individual and HNW clients (Item 5.D) moved from 141.0 to 333.0 (+136.0%) between the annual amendments of 2025-04-24 and 2026-04-29; the peer median change was +3.0% (3309 comparable advisers, 99.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $100M to $500M (3,309)99% percentile15.6 robust deviationsconfidence 0.85
- advisory representatives (Item 5.B.3) moved from 25.0 to 0.0 (-100.0%) between the annual amendments of 2025-04-28 and 2026-04-29; the peer median change was 0.0% (999 comparable advisers, 0.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $1B to $5B (999)0.0% percentile8.1 robust deviationsconfidence 0.85
- discretionary share of RAUM of 0% against a peer median of 100% (247 comparable advisers, 0.0th percentile, 33.7 robust deviations)filing Apr 29, 2026peers: other advisers, $1B to $5B (247)0.0% percentile33.7 robust deviationsconfidence 0.8
- discretionary share of RAUM of 1% against a peer median of 100% (512 comparable advisers, 1.0th percentile, 33.4 robust deviations)filing Apr 29, 2026peers: asset managers, $20B and over (512)0.8% percentile33.4 robust deviationsconfidence 0.8
- HNW RAUM per HNW client of $409,085,696 against a peer median of $5,010,783 (80 comparable advisers, 100.0th percentile, 86.8 robust deviations)filing Apr 29, 2026peers: independent wealth managers, $20B and over (80)100% percentile86.8 robust deviationsconfidence 0.7
- NUVEEN ALTERNATIVES ADVISORS LLCinstitutionalRAUM $142Bunusually large average accountStatic outlierRAUM per account of $2,491,596,596 against a peer median of $155,134,994 (63 comparable advisers, 98.0th percentile, 10.6 robust deviations)filing Apr 29, 2026peers: institutional managers, $20B and over (63)98% percentile10.6 robust deviationsconfidence 0.7
- accounts (Item 5.F.2.f) moved from 820.0 to 1,830.0 (+123.0%) between the annual amendments of 2025-04-25 and 2026-04-29; the peer median change was +6.0% (1256 comparable advisers, 98.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $500M to $1B (1,256)98% percentile14.4 robust deviationsconfidence 0.85
- individual and HNW clients (Item 5.D) moved from 264.0 to 621.0 (+135.0%) between the annual amendments of 2025-04-28 and 2026-04-29; the peer median change was +5.0% (1132 comparable advisers, 99.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $1B to $5B (1,132)99% percentile18.2 robust deviationsconfidence 0.85
- individual and HNW clients (Item 5.D) moved from 806.0 to 1,789.0 (+122.0%) between the annual amendments of 2025-04-25 and 2026-04-29; the peer median change was +5.0% (1216 comparable advisers, 99.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $500M to $1B (1,216)99% percentile15.8 robust deviationsconfidence 0.85
- individual and HNW clients (Item 5.D) moved from 2,276.0 to 6,635.0 (+192.0%) between the annual amendments of 2024-09-30 and 2026-04-29; the peer median change was +5.0% (1132 comparable advisers, 99.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $1B to $5B (1,132)99% percentile26.0 robust deviationsconfidence 0.85
- private-client share of RAUM moved from 41.0% to 92.0% between the annual amendments of 2024-09-30 and 2026-04-29filing Apr 29, 2026peers: independent wealth managers, $1B to $5B (1,362)confidence 0.85
- RAUM per account of $540,891,545 against a peer median of $1,921,640 (83 comparable advisers, 100.0th percentile, 227.4 robust deviations)filing Apr 29, 2026peers: independent wealth managers, $20B and over (83)100% percentile227.4 robust deviationsconfidence 0.7
- employees (Item 5.A) moved from 26.0 to 64.0 (+146.0%) between the annual amendments of 2025-04-28 and 2026-04-29; the peer median change was +4.0% (1050 comparable advisers, 100.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $1B to $5B (1,050)100% percentile14.5 robust deviationsconfidence 0.85
- HNW share of RAUM moved from 15.0% to 85.0% between the annual amendments of 2025-03-17 and 2026-04-29filing Apr 29, 2026peers: independent wealth managers, $100M to $500M (5,678)confidence 0.85
- A.G.P / ALLIANCE GLOBAL PARTNERSindependent RIARAUM $2.3Binstitutional asset share shiftChange between filingsinstitutional share of RAUM moved from 59.0% to 7.0% between the annual amendments of 2024-09-30 and 2026-04-29filing Apr 29, 2026peers: independent wealth managers, $1B to $5B (1,362)confidence 0.85
- offices other than the principal office (Item 1.F.5) moved from 5.0 to 11.0 (+120.0%) between the annual amendments of 2025-03-27 and 2026-04-29; the peer median change was 0.0% (142 comparable advisers, 99.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $5B to $20B (142)99% percentile7.7 robust deviationsconfidence 0.85
- private funds (Schedule D 7.B.1) moved from 6.0 to 18.0 (+200.0%) between the annual amendments of 2025-04-24 and 2026-04-29; the peer median change was 0.0% (72 comparable advisers, 100.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $500M to $1B (72)100% percentileconfidence 0.85
- related persons on Schedule D 7.A of 147.0 against a peer median of 11.0 (492 comparable advisers, 99.0th percentile, 15.3 robust deviations)filing Apr 29, 2026peers: asset managers, $5B to $20B (492)99% percentile15.3 robust deviationsconfidence 0.8
- COTTONWOOD WEALTH STRATEGIES, LLCindependent RIARAUM $279Mprivate fund count surgeChange between filingsprivate funds (Schedule D 7.B.1) moved from 2.0 to 4.0 (+100.0%) between the annual amendments of 2025-03-12 and 2026-04-29; the peer median change was 0.0% (126 comparable advisers, 95.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $100M to $500M (126)95% percentileconfidence 0.85
- discretionary share of RAUM moved from 0.0% to 85.0% between the annual amendments of 2025-04-24 and 2026-04-29filing Apr 29, 2026peers: independent wealth managers, $100M to $500M (5,678)confidence 0.85
- institutional share of RAUM of 70% against a peer median of 7% (84 comparable advisers, 100.0th percentile, 8.1 robust deviations)filing Apr 29, 2026peers: independent wealth managers, $20B and over (84)100% percentile8.1 robust deviationsconfidence 0.7
- private-client share of RAUM moved from 100.0% to 39.0% between the annual amendments of 2025-03-06 and 2026-04-29filing Apr 29, 2026peers: independent wealth managers, $100M to $500M (5,678)confidence 0.85
- RAUM (Item 5.F) moved from $26,076,132,878 to $59,316,626,010 (+127.0%) between the annual amendments of 2025-03-31 and 2026-04-29; the peer median change was +15.0% (470 comparable advisers, 99.0th percentile of changes)filing Apr 29, 2026peers: asset managers, $20B and over (470)99% percentile7.2 robust deviationsconfidence 0.85
- RAUM (Item 5.F) moved from $321,042,677 to $881,503,781 (+175.0%) between the annual amendments of 2025-04-28 and 2026-04-29; the peer median change was +17.0% (1298 comparable advisers, 99.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $1B to $5B (1,298)99% percentile16.3 robust deviationsconfidence 0.85
- RAUM (Item 5.F) moved from $2,465,942,230 to $5,390,979,083 (+119.0%) between the annual amendments of 2025-04-25 and 2026-04-29; the peer median change was +13.0% (631 comparable advisers, 97.0th percentile of changes)filing Apr 29, 2026peers: asset managers, $5B to $20B (631)97% percentile5.0 robust deviationsconfidence 0.85
- RAUM (Item 5.F) moved from $285,557,735 to $659,567,714 (+131.0%) between the annual amendments of 2025-03-31 and 2026-04-29; the peer median change was +8.0% (672 comparable advisers, 96.0th percentile of changes)filing Apr 29, 2026peers: asset managers, $500M to $1B (672)96% percentile5.2 robust deviationsconfidence 0.85
- accounts (Item 5.F.2.f) moved from 403.0 to 916.0 (+127.0%) between the annual amendments of 2025-03-11 and 2026-04-29; the peer median change was +5.0% (3686 comparable advisers, 98.0th percentile of changes)filing Apr 29, 2026peers: independent wealth managers, $100M to $500M (3,686)98% percentile13.9 robust deviationsconfidence 0.85
- RAUM (Item 5.F) moved from $353,337,453 to $1,092,744,155 (+209.0%) between the annual amendments of 2025-03-24 and 2026-04-29; the peer median change was +11.0% (1368 comparable advisers, 98.0th percentile of changes)filing Apr 29, 2026peers: asset managers, $1B to $5B (1,368)98% percentile8.5 robust deviationsconfidence 0.85
- RAUM (Item 5.F) moved from $2,452,058,739 to $1,722,962,538 (-30.0%) between the annual amendments of 2025-04-03 and 2026-04-29; the peer median change was +11.0% (1368 comparable advisers, 3.0th percentile of changes)filing Apr 29, 2026peers: asset managers, $1B to $5B (1,368)3.2% percentile1.8 robust deviationsconfidence 0.85
- FUTURA ASSET ADVISORS LLCindependent RIARAUM $115Minstitutional asset share shiftChange between filingsinstitutional share of RAUM moved from 27.0% to 42.0% between the annual amendments of 2025-04-23 and 2026-04-29filing Apr 29, 2026peers: independent wealth managers, $100M to $500M (5,678)confidence 0.85
- institutional share of RAUM moved from 16.0% to 35.0% between the annual amendments of 2025-02-28 and 2026-04-29filing Apr 29, 2026peers: independent wealth managers, under $100M (707)confidence 0.85
- institutional share of RAUM moved from 50.0% to 26.0% between the annual amendments of 2025-04-28 and 2026-04-29filing Apr 29, 2026peers: independent wealth managers, $1B to $5B (1,362)confidence 0.85