What stands out against comparable advisers

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8,320 anomalies

4WEALTH ADVISORS, INC.independent RIARAUM $275Mdiscretionary share shiftChange between filings
discretionary share of RAUM moved from 84.0% to 48.0% between the annual amendments of 2025-03-13 and 2026-04-09
filing Apr 9, 2026peers: independent wealth managers, $100M to $500M (5,683)confidence 0.85
CONNECTIVE CAPITAL MANAGEMENT, LLCasset managerRAUM $230MRAUM up 50 %Change between filings
RAUM (Item 5.F) moved from $100,324,625 to $230,133,537 (+129.0%) between the annual amendments of 2025-03-31 and 2026-04-09; the peer median change was +4.0% (1140 comparable advisers, 98.0th percentile of changes)
filing Apr 9, 2026peers: asset managers, $100M to $500M (1,140)98% percentile5.3 robust deviationsconfidence 0.85
STANCE CAPITAL LLCasset managerRAUM $354Mhigh institutional concentrationStatic outlier
institutional share of RAUM of 28% against a peer median of 0% (1568 comparable advisers, 99.0th percentile, 9.4 robust deviations)
filing Apr 9, 2026peers: asset managers, $100M to $500M (1,568)99% percentile9.4 robust deviationsconfidence 0.8
F••••••• C•••••• A•••••••• L••otherRAUM $65.2Mprivate fund count surgeChange between filings
private funds (Schedule D 7.B.1) moved from 6.0 to 12.0 (+100.0%) between the annual amendments of 2025-04-24 and 2026-04-09; the peer median change was 0.0% (10 comparable advisers, 100.0th percentile of changes)
filing Apr 9, 2026peers: other advisers, under $100M (10)100% percentileconfidence 0.85
S••••••••• I••••••••• M••••••••• L••asset managerRAUM $12Bprivate fund count surgeChange between filings
private funds (Schedule D 7.B.1) moved from 2.0 to 4.0 (+100.0%) between the annual amendments of 2025-03-25 and 2026-04-09; the peer median change was +3.0% (487 comparable advisers, 98.0th percentile of changes)
filing Apr 9, 2026peers: asset managers, $5B to $20B (487)98% percentile9.0 robust deviationsconfidence 0.85
D••••• C••••••• L••otherRAUM $76.6Mdiscretionary share shiftChange between filings
discretionary share of RAUM moved from 100.0% to 45.0% between the annual amendments of 2025-03-20 and 2026-04-09
filing Apr 9, 2026peers: other advisers, under $100M (660)confidence 0.85
B••••••• P•••••• W•••••• L••independent RIARAUM $337MRAUM up 50 %Change between filings
RAUM (Item 5.F) moved from $105,928,806 to $337,266,388 (+218.0%) between the annual amendments of 2025-03-31 and 2026-04-09; the peer median change was +15.0% (4546 comparable advisers, 100.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, $100M to $500M (4,546)100% percentile19.9 robust deviationsconfidence 0.85
F••••••• C•••••• A•••••••• L••otherRAUM $65.2Mdiscretionary share shiftChange between filings
discretionary share of RAUM moved from 2.0% to 100.0% between the annual amendments of 2025-04-24 and 2026-04-09
filing Apr 9, 2026peers: other advisers, under $100M (660)confidence 0.85
C••••• P•••••• W•••••independent RIARAUM $166Mclient count collapseChange between filings
individual and HNW clients (Item 5.D) moved from 326.0 to 184.0 (-44.0%) between the annual amendments of 2025-03-27 and 2026-04-09; the peer median change was +3.0% (3308 comparable advisers, 2.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, $100M to $500M (3,308)2.2% percentile5.5 robust deviationsconfidence 0.85
R•••••• W••••• M••••••••• L••independent RIARAUM $837Mvery high RAUM per advisorStatic outlier
RAUM per registered advisor of $278,992,029 against a peer median of $106,365,769 (1260 comparable advisers, 98.0th percentile, 3.0 robust deviations)
filing Apr 9, 2026peers: independent wealth managers, $500M to $1B (1,260)98% percentile3.0 robust deviationsconfidence 0.8
B••••••••• W•••••independent RIARAUM $525MRAUM up 25 %Change between filings
RAUM (Item 5.F) moved from $351,098,560 to $525,185,587 (+50.0%) between the annual amendments of 2025-03-05 and 2026-04-09; the peer median change was +16.0% (1382 comparable advisers, 94.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, $500M to $1B (1,382)94% percentile3.6 robust deviationsconfidence 0.85
C••••••••• W•••••independent RIARAUM $201Maccount count collapseChange between filings
accounts (Item 5.F.2.f) moved from 315.0 to 194.0 (-38.0%) between the annual amendments of 2025-04-25 and 2026-04-09; the peer median change was +5.0% (3683 comparable advisers, 4.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, $100M to $500M (3,683)4.2% percentile4.9 robust deviationsconfidence 0.85
C••••••••• W•••••independent RIARAUM $201MRAUM up 25 %Change between filings
RAUM (Item 5.F) moved from $142,298,803 to $200,778,956 (+41.0%) between the annual amendments of 2025-04-25 and 2026-04-09; the peer median change was +15.0% (4546 comparable advisers, 93.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, $100M to $500M (4,546)93% percentile2.5 robust deviationsconfidence 0.85
A•••• F••••••••independent RIARAUM $169MRAUM up 25 %Change between filings
RAUM (Item 5.F) moved from $125,910,558 to $169,438,931 (+35.0%) between the annual amendments of 2025-03-20 and 2026-04-09; the peer median change was +15.0% (4546 comparable advisers, 90.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, $100M to $500M (4,546)90% percentile1.9 robust deviationsconfidence 0.85
R•••••• W••••• M••••••••• L••independent RIARAUM $837Mclient count collapseChange between filings
individual and HNW clients (Item 5.D) moved from 434.0 to 243.0 (-44.0%) between the annual amendments of 2025-03-25 and 2026-04-09; the peer median change was +5.0% (1214 comparable advisers, 2.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, $500M to $1B (1,214)2.1% percentile6.6 robust deviationsconfidence 0.85
L••••••• F••••• O•••••independent RIARAUM $428Mdiscretionary share shiftChange between filings
discretionary share of RAUM moved from 35.0% to 57.0% between the annual amendments of 2025-03-28 and 2026-04-09
filing Apr 9, 2026peers: independent wealth managers, $100M to $500M (5,683)confidence 0.85
H••••• L•••• L••otherRAUM $395Minstitutional asset share shiftChange between filings
institutional share of RAUM moved from 23.0% to 42.0% between the annual amendments of 2025-03-26 and 2026-04-09
filing Apr 9, 2026peers: other advisers, $100M to $500M (212)confidence 0.85
S••••••••• I••••••••• M••••••••• L••asset managerRAUM $12BRAUM down 25 %Change between filings
RAUM (Item 5.F) moved from $15,384,784,118 to $11,534,579,739 (-25.0%) between the annual amendments of 2025-03-25 and 2026-04-09; the peer median change was +13.0% (632 comparable advisers, 4.0th percentile of changes)
filing Apr 9, 2026peers: asset managers, $5B to $20B (632)3.6% percentile1.8 robust deviationsconfidence 0.85
R•• C•••• A•••• M••••••••• L••••••asset managerRAUM $1.5BRAUM down 25 %Change between filings
RAUM (Item 5.F) moved from $2,206,762,101 to $1,545,172,243 (-30.0%) between the annual amendments of 2025-03-31 and 2026-04-09; the peer median change was +11.0% (1364 comparable advisers, 3.0th percentile of changes)
filing Apr 9, 2026peers: asset managers, $1B to $5B (1,364)3.1% percentile1.8 robust deviationsconfidence 0.85
H•••• A••••••• L••asset managerRAUM $418MRAUM down 25 %Change between filings
RAUM (Item 5.F) moved from $703,765,000 to $417,664,646 (-41.0%) between the annual amendments of 2025-04-24 and 2026-04-09; the peer median change was +4.0% (1140 comparable advisers, 6.0th percentile of changes)
filing Apr 9, 2026peers: asset managers, $100M to $500M (1,140)5.5% percentile1.9 robust deviationsconfidence 0.85
W•••••• P••••••• M••••••••• L••asset managerRAUM $227Memployee count dropChange between filings
employees (Item 5.A) moved from 10.0 to 5.0 (-50.0%) between the annual amendments of 2025-03-28 and 2026-04-09; the peer median change was 0.0% (391 comparable advisers, 2.0th percentile of changes)
filing Apr 9, 2026peers: asset managers, $100M to $500M (391)2.3% percentile4.0 robust deviationsconfidence 0.85
R•••••• W••••• M••••••••• L••independent RIARAUM $837Maccount count surgeChange between filings
accounts (Item 5.F.2.f) moved from 434.0 to 679.0 (+56.0%) between the annual amendments of 2025-03-25 and 2026-04-09; the peer median change was +6.0% (1254 comparable advisers, 95.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, $500M to $1B (1,254)95% percentile6.2 robust deviationsconfidence 0.85
S••• A••••••• L••independent RIARAUM $3.5Maccount count collapseChange between filings
accounts (Item 5.F.2.f) moved from 645.0 to 200.0 (-69.0%) between the annual amendments of 2025-04-01 and 2026-04-09; the peer median change was +2.0% (132 comparable advisers, 5.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, under $100M (132)5.3% percentile3.7 robust deviationsconfidence 0.85
C••••• P•••••• W•••••independent RIARAUM $166MHNW share shiftChange between filings
HNW share of RAUM moved from 34.0% to 60.0% between the annual amendments of 2025-03-27 and 2026-04-09
filing Apr 9, 2026peers: independent wealth managers, $100M to $500M (5,683)confidence 0.85
R•••••• W••••• M••••••••• L••independent RIARAUM $837MRAUM up 50 %Change between filings
RAUM (Item 5.F) moved from $493,000,000 to $836,976,086 (+70.0%) between the annual amendments of 2025-03-25 and 2026-04-09; the peer median change was +16.0% (1382 comparable advisers, 96.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, $500M to $1B (1,382)96% percentile5.7 robust deviationsconfidence 0.85
P•••• W••••• A••••••• L••independent RIARAUM $83.3Moffice count dropChange between filings
offices other than the principal office (Item 1.F.5) moved from 9.0 to 2.0 (-78.0%) between the annual amendments of 2025-03-25 and 2026-04-09; the peer median change was 0.0% (34 comparable advisers, 0.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, under $100M (34)0.0% percentileconfidence 0.85
R•••••• W••••• M••••••••• L••independent RIARAUM $837Mclients down average size upCombination
private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $493,000,000 to $836,976,086, advisors 3 to 3, private clients 434 to 243, offices 0 to 0 (2025-03-25 to 2026-04-09)
filing Apr 9, 2026peers: independent wealth managers, $500M to $1B (1,481)confidence 0.75
L••• I••••••••• L••mixed wealthRAUM $6.8Badvisor count surgeChange between filings
advisory representatives (Item 5.B.3) moved from 5.0 to 9.0 (+80.0%) between the annual amendments of 2025-03-28 and 2026-04-09; the peer median change was +6.0% (220 comparable advisers, 95.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, $5B to $20B (220)95% percentile6.1 robust deviationsconfidence 0.85
C••••• P•••••• W•••••independent RIARAUM $166Mclients down average size upCombination
private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $137,000,000 to $165,500,000, advisors 2 to 2, private clients 326 to 184, offices 0 to 0 (2025-03-27 to 2026-04-09)
filing Apr 9, 2026peers: independent wealth managers, $100M to $500M (5,683)confidence 0.75
S••• A••••••• L••independent RIARAUM $3.5Mclient count collapseChange between filings
individual and HNW clients (Item 5.D) moved from 645.0 to 200.0 (-69.0%) between the annual amendments of 2025-04-01 and 2026-04-09; the peer median change was 0.0% (117 comparable advisers, 3.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, under $100M (117)3.4% percentile6.1 robust deviationsconfidence 0.85
C••••••••• W•••••independent RIARAUM $201Mclient count surgeChange between filings
individual and HNW clients (Item 5.D) moved from 105.0 to 194.0 (+85.0%) between the annual amendments of 2025-04-25 and 2026-04-09; the peer median change was +3.0% (3308 comparable advisers, 99.0th percentile of changes)
filing Apr 9, 2026peers: independent wealth managers, $100M to $500M (3,308)99% percentile9.6 robust deviationsconfidence 0.85
H••••• L•••• L••otherRAUM $395Mdiscretionary share shiftChange between filings
discretionary share of RAUM moved from 100.0% to 71.0% between the annual amendments of 2025-03-26 and 2026-04-09
filing Apr 9, 2026peers: other advisers, $100M to $500M (212)confidence 0.85
H••••• L•••• L••otherRAUM $395MRAUM up 50 %Change between filings
RAUM (Item 5.F) moved from $226,031,370 to $394,569,396 (+75.0%) between the annual amendments of 2025-03-26 and 2026-04-09; the peer median change was +8.0% (161 comparable advisers, 93.0th percentile of changes)
filing Apr 9, 2026peers: other advisers, $100M to $500M (161)93% percentile3.9 robust deviationsconfidence 0.85
D••••• M•••• A•••••••• L••independent RIARAUM $43.3Madvisor count surgeChange between filings
advisory representatives (Item 5.B.3) moved from 5.0 to 14.0 (+180.0%) between the annual amendments of 2025-03-18 and 2026-04-08; the peer median change was 0.0% (56 comparable advisers, 100.0th percentile of changes)
filing Apr 8, 2026peers: independent wealth managers, under $100M (56)100% percentile8.8 robust deviationsconfidence 0.85
M••••••• F•••••••• G••••• L••independent RIARAUM $189Mhigh institutional concentrationStatic outlier
institutional share of RAUM of 46% against a peer median of 0% (5683 comparable advisers, 99.0th percentile, 15.5 robust deviations)
filing Apr 8, 2026peers: independent wealth managers, $100M to $500M (5,683)99% percentile15.5 robust deviationsconfidence 0.8
S•••• C•••••• L••••••otherRAUM $859MRAUM up 50 %Change between filings
RAUM (Item 5.F) moved from $153,410,000 to $859,097,343 (+460.0%) between the annual amendments of 2025-03-26 and 2026-04-08; the peer median change was +12.0% (87 comparable advisers, 99.0th percentile of changes)
filing Apr 8, 2026peers: other advisers, $500M to $1B (87)99% percentile16.2 robust deviationsconfidence 0.85
D••••• M•••• A•••••••• L••independent RIARAUM $43.3Memployee count surgeChange between filings
employees (Item 5.A) moved from 18.0 to 39.0 (+117.0%) between the annual amendments of 2025-03-18 and 2026-04-08; the peer median change was 0.0% (56 comparable advisers, 98.0th percentile of changes)
filing Apr 8, 2026peers: independent wealth managers, under $100M (56)98% percentile7.5 robust deviationsconfidence 0.85
P••••••• G••••• I•••••••• L••institutionalRAUM $2institutional asset share shiftChange between filings
institutional share of RAUM moved from 62.0% to 100.0% between the annual amendments of 2025-03-06 and 2026-04-08
filing Apr 8, 2026peers: institutional managers (486)confidence 0.85
F••••••••• L••independent RIARAUM $837Moffice count dropChange between filings
offices other than the principal office (Item 1.F.5) moved from 4.0 to 0.0 (-100.0%) between the annual amendments of 2025-03-25 and 2026-04-08; the peer median change was 0.0% (232 comparable advisers, 0.0th percentile of changes)
filing Apr 8, 2026peers: independent wealth managers, $500M to $1B (232)0.0% percentile9.5 robust deviationsconfidence 0.85
F••••••••• L••independent RIARAUM $837Minstitutional asset share shiftChange between filings
institutional share of RAUM moved from 27.0% to 5.0% between the annual amendments of 2025-03-25 and 2026-04-08
filing Apr 8, 2026peers: independent wealth managers, $500M to $1B (1,481)confidence 0.85
L•• C•••••• M••••••••• L••independent RIARAUM $250MRAUM up 25 %Change between filings
RAUM (Item 5.F) moved from $170,199,141 to $250,406,715 (+47.0%) between the annual amendments of 2025-04-21 and 2026-04-08; the peer median change was +15.0% (4546 comparable advisers, 95.0th percentile of changes)
filing Apr 8, 2026peers: independent wealth managers, $100M to $500M (4,546)95% percentile3.1 robust deviationsconfidence 0.85
L•• C•••••• M••••••••• L••independent RIARAUM $250Mclient count collapseChange between filings
individual and HNW clients (Item 5.D) moved from 781.0 to 406.0 (-48.0%) between the annual amendments of 2025-04-21 and 2026-04-08; the peer median change was +3.0% (3308 comparable advisers, 2.0th percentile of changes)
filing Apr 8, 2026peers: independent wealth managers, $100M to $500M (3,308)1.8% percentile6.0 robust deviationsconfidence 0.85
M••••••• R••• P•••••••••independent RIARAUM $597Mclient mix shiftChange between filings
private-client share of RAUM moved from 94.0% to 77.0% between the annual amendments of 2025-03-31 and 2026-04-08
filing Apr 8, 2026peers: independent wealth managers, $500M to $1B (1,481)confidence 0.85
M••••••• R••• P•••••••••independent RIARAUM $597MRAUM up 25 %Change between filings
RAUM (Item 5.F) moved from $399,968,279 to $597,205,588 (+49.0%) between the annual amendments of 2025-03-31 and 2026-04-08; the peer median change was +16.0% (1382 comparable advisers, 94.0th percentile of changes)
filing Apr 8, 2026peers: independent wealth managers, $500M to $1B (1,382)94% percentile3.5 robust deviationsconfidence 0.85
C••••• W••••• M•••••••••independent RIARAUM $1.2Badvisor count dropChange between filings
advisory representatives (Item 5.B.3) moved from 13.0 to 9.0 (-31.0%) between the annual amendments of 2025-02-18 and 2026-04-08; the peer median change was 0.0% (999 comparable advisers, 2.0th percentile of changes); IAPD lists 10 advisers registered here today
filing Apr 8, 2026peers: independent wealth managers, $1B to $5B (999)1.5% percentile2.5 robust deviationsconfidence 0.85
F••••••••• L••independent RIARAUM $837Mclient mix shiftChange between filings
private-client share of RAUM moved from 39.0% to 63.0% between the annual amendments of 2025-03-25 and 2026-04-08
filing Apr 8, 2026peers: independent wealth managers, $500M to $1B (1,481)confidence 0.85
T••••••• F••• A•••••••• L••asset managerRAUM $170Memployee count dropChange between filings
employees (Item 5.A) moved from 10.0 to 7.0 (-30.0%) between the annual amendments of 2025-03-06 and 2026-04-08; the peer median change was 0.0% (391 comparable advisers, 7.0th percentile of changes)
filing Apr 8, 2026peers: asset managers, $100M to $500M (391)6.9% percentile2.4 robust deviationsconfidence 0.85
A••• I••••••••• P••••••• L•asset managerRAUM $7.1Badvisor count dropChange between filings
advisory representatives (Item 5.B.3) moved from 11.0 to 7.0 (-36.0%) between the annual amendments of 2025-03-31 and 2026-04-08; the peer median change was 0.0% (33 comparable advisers, 9.0th percentile of changes); IAPD lists 7 advisers registered here today
filing Apr 8, 2026peers: asset managers, $5B to $20B (33)9.4% percentile2.1 robust deviationsconfidence 0.85
J•••• F•••••••• S•••••••independent RIARAUM $140Mclient mix shiftChange between filings
private-client share of RAUM moved from 99.0% to 79.0% between the annual amendments of 2025-03-26 and 2026-04-08
filing Apr 8, 2026peers: independent wealth managers, $100M to $500M (5,683)confidence 0.85
S••••••••• A•••• M••••••••• L••asset managerRAUM $42BRAUM down 25 %Change between filings
RAUM (Item 5.F) moved from $57,419,484,518 to $42,158,773,377 (-27.0%) between the annual amendments of 2025-03-31 and 2026-04-08; the peer median change was +15.0% (470 comparable advisers, 1.0th percentile of changes)
filing Apr 8, 2026peers: asset managers, $20B and over (470)1.1% percentile2.6 robust deviationsconfidence 0.85
E•••••• E••••• L••BD affiliatedRAUM $322Maccount count collapseChange between filings
accounts (Item 5.F.2.f) moved from 1,091.0 to 682.0 (-37.0%) between the annual amendments of 2025-03-27 and 2026-04-08; the peer median change was +6.0% (20 comparable advisers, 5.0th percentile of changes)
filing Apr 8, 2026peers: affiliated wealth managers (20)5.3% percentile0.9 robust deviationsconfidence 0.85
C••••• W••••• M•••••••••independent RIARAUM $1.2Baccount count collapseChange between filings
accounts (Item 5.F.2.f) moved from 4,059.0 to 2,608.0 (-36.0%) between the annual amendments of 2025-02-18 and 2026-04-08; the peer median change was +6.0% (1206 comparable advisers, 2.0th percentile of changes)
filing Apr 8, 2026peers: independent wealth managers, $1B to $5B (1,206)2.5% percentile5.0 robust deviationsconfidence 0.85
C••••• W••••• M•••••••••independent RIARAUM $1.2Bclient count collapseChange between filings
individual and HNW clients (Item 5.D) moved from 975.0 to 592.0 (-39.0%) between the annual amendments of 2025-02-18 and 2026-04-08; the peer median change was +5.0% (1132 comparable advisers, 2.0th percentile of changes)
filing Apr 8, 2026peers: independent wealth managers, $1B to $5B (1,132)1.8% percentile6.1 robust deviationsconfidence 0.85
C••••• W••••• M••••••••• L••independent RIARAUM $14Bdiscretionary share shiftChange between filings
discretionary share of RAUM moved from 52.0% to 67.0% between the annual amendments of 2025-04-01 and 2026-04-08
filing Apr 8, 2026peers: independent wealth managers, $5B to $20B (289)confidence 0.85
S••••••••• A•••• M••••••••• L••asset managerRAUM $42Bemployee count dropChange between filings
employees (Item 5.A) moved from 96.0 to 57.0 (-41.0%) between the annual amendments of 2025-03-31 and 2026-04-08; the peer median change was +3.0% (461 comparable advisers, 2.0th percentile of changes)
filing Apr 8, 2026peers: asset managers, $20B and over (461)1.7% percentile4.4 robust deviationsconfidence 0.85
C••••• W••••• M•••••••••independent RIARAUM $1.2Bemployee count dropChange between filings
employees (Item 5.A) moved from 20.0 to 12.0 (-40.0%) between the annual amendments of 2025-02-18 and 2026-04-08; the peer median change was +4.0% (1050 comparable advisers, 1.0th percentile of changes)
filing Apr 8, 2026peers: independent wealth managers, $1B to $5B (1,050)0.7% percentile4.4 robust deviationsconfidence 0.85
J•••• F•••••••• S•••••••independent RIARAUM $140Minstitutional asset share shiftChange between filings
institutional share of RAUM moved from 1.0% to 21.0% between the annual amendments of 2025-03-26 and 2026-04-08
filing Apr 8, 2026peers: independent wealth managers, $100M to $500M (5,683)confidence 0.85
S••••••••• W•••••mixed wealthRAUM $4.3Bemployee count surgeChange between filings
employees (Item 5.A) moved from 242.0 to 424.0 (+75.0%) between the annual amendments of 2025-03-26 and 2026-04-08; the peer median change was +4.0% (1050 comparable advisers, 98.0th percentile of changes)
filing Apr 8, 2026peers: independent wealth managers, $1B to $5B (1,050)98% percentile7.2 robust deviationsconfidence 0.85
F••••••••• L••independent RIARAUM $837Minstitutional to wealth shiftCombination
institutional share fell 15 points or more while private-client share rose 15 points or more. RAUM $798,146,866 to $836,584,355, advisors 8 to 7, private clients 235 to 170, offices 4 to 0 (2025-03-25 to 2026-04-08)
filing Apr 8, 2026peers: independent wealth managers, $500M to $1B (1,481)confidence 0.75
H•• I••••••••• P•••••••• L••independent RIARAUM $12Baccount count surgeChange between filings
accounts (Item 5.F.2.f) moved from 8,633.0 to 15,595.0 (+81.0%) between the annual amendments of 2025-03-27 and 2026-04-08; the peer median change was +8.0% (253 comparable advisers, 93.0th percentile of changes)
filing Apr 8, 2026peers: independent wealth managers, $5B to $20B (253)93% percentile5.6 robust deviationsconfidence 0.85

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