DFX Intelligence
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.
Consolidation
What the advisers themselves reported about M&A
Item 4 of Form ADV asks whether the adviser is succeeding to the business of another registered adviser and names the firm acquired. It catches asset purchases and mergers where the target’s registration folds into the buyer’s; a stock purchase that keeps the target registered shows instead as a new owner on Schedule A and, later, as a roster exit. Firms absorbed reads the same events from the people side: half or more of a firm’s registered advisors moving to one other firm within fourteen days, which catches acquisitions before, or without, a succession filing. Press-sourced deals, PE sponsors and consolidator platforms are the next cycle.
- Venturi Private Wealth reported succeeding to the business of The Caprock Group, Llc (Form ADV Item 4)
- Smart Money Group, Llc reported succeeding to the business of Smart Money Group, Llc (Form ADV Item 4)
- Falcon Wealth Planning, Inc. reported succeeding to the business of Falcon Wealth Planning, Inc. (Form ADV Item 4)Aug 28, 2026Succession (Item 4)factFALCON WEALTH PLANNING, INC.RAUM $2.0BandFALCON WEALTH PLANNING, INC.
- Tribe Capital reported succeeding to the business of Tribe Capital (Form ADV Item 4)
- Finaccess Advisors Llc reported succeeding to the business of Finaccess Global Wealth & Asset Management, Llc (Form ADV Item 4)
- Iqvestment, Llc reported succeeding to the business of Marstone Llc (Form ADV Item 4)
- Greycourt & Co., Inc. reported succeeding to the business of Greycourt & Co., Inc. (Form ADV Item 4)
- Rose Capital Advisors, Llc reported succeeding to the business of Premia Global Advisors, Llc (Form ADV Item 4)Jul 31, 2026Succession (Item 4)factROSE CAPITAL ADVISORS, LLCRAUM $608MandPREMIA GLOBAL ADVISORS, LLC
- Fft Wealth Management reported succeeding to the business of Fft Wealth Management (Form ADV Item 4)Jun 30, 2026Succession (Item 4)factCORIENT SHC WEALTH MANAGEMENT (US) LPRAUM $2.3BandCORIENT SHC WEALTH MANAGEMENT (US) LP
- Lgl Partners, Llc reported succeeding to the business of Lgl Partners, Llc (Form ADV Item 4)Jun 30, 2026Succession (Item 4)factCORIENT SHC PARTNERS (US) LPRAUM $1.7BandCORIENT SHC PARTNERS (US) LP
- Mercer Investment Solutions Llc reported succeeding to the business of Secor Investment Management, Lp (Form ADV Item 4)Jun 12, 2026Succession (Item 4)factMERCER INVESTMENT SOLUTIONS LLCRAUM $2.2BandMERCER INVESTMENT SOLUTIONS LLC
- Acorn Financial Advisory Services, Inc. reported succeeding to the business of Acorn Financial Advisory Services, Inc. (Form ADV Item 4)May 28, 2026Succession (Item 4)factACORN FINANCIAL ADVISORY SERVICES, INC.RAUM $1.4BandACORN FINANCIAL ADVISORY SERVICES, INC.
- Diamond Hill Capital Management Inc reported succeeding to the business of Diamond Hill Capital Management Inc (Form ADV Item 4)May 22, 2026Succession (Item 4)factDIAMOND HILL CAPITAL MANAGEMENT, LLCRAUM $29BandDIAMOND HILL CAPITAL MANAGEMENT, LLC
- Berla Investment Consulting reported succeeding to the business of Berla Investment Consulting (Form ADV Item 4)
- Soundwatch Capital, Llc reported succeeding to the business of Soundwatch Capital, Llc (Form ADV Item 4)
- Fcp reported succeeding to the business of Fcp (Form ADV Item 4)
- Protocol Wealth, Llc reported succeeding to the business of Protocol Wealth, Llc (Form ADV Item 4)
- Addition Wealth reported succeeding to the business of Addition Wealth (Form ADV Item 4)
- Make The Memory Financial Planning reported succeeding to the business of Make The Memory Financial Planning (Form ADV Item 4)Mar 31, 2026Succession (Item 4)factMAKE THE MEMORY FINANCIAL PLANNINGRAUM $8.8MandMAKE THE MEMORY FINANCIAL PLANNING
- Harbert Fund Advisors, Llc reported succeeding to the business of Harbert Fund Advisors, Llc (Form ADV Item 4)Mar 31, 2026Succession (Item 4)factHARBERT FUND ADVISORS, LLCRAUM $7.8BandHARBERT FUND ADVISORS, LLC
- Talon Llc reported succeeding to the business of Talon Private Wealth, Llc (Form ADV Item 4)
- Ivy Invest Corporation reported succeeding to the business of Buena Capital Advisors D/B/A Ivy Invest (Form ADV Item 4)
- Echelons Capital, Llc reported succeeding to the business of Echelons Capital, Llc (Form ADV Item 4)
- Pine Harbor Wealth Management Llc reported succeeding to the business of Pine Harbor Wealth Management Llc (Form ADV Item 4)Feb 23, 2026Succession (Item 4)factPINE HARBOR WEALTH MANAGEMENT LLCRAUM $507MandPINE HARBOR WEALTH MANAGEMENT LLC
- 1207 Capital Group, Llc reported succeeding to the business of 1207 Capital Group, Llc (Form ADV Item 4)
- Onesource Wealth Management reported succeeding to the business of Onesource Wealth Management (Form ADV Item 4)Feb 10, 2026Succession (Item 4)factONESOURCE WEALTH MANAGEMENTRAUM $150MandONESOURCE WEALTH MANAGEMENT
- B.A. Roberts Financial Services, Inc. reported succeeding to the business of Roberts Financial Services, Llc (Form ADV Item 4)Feb 9, 2026Succession (Item 4)factB.A. ROBERTS FINANCIAL SERVICES, INC.RAUM $374MandB.A. ROBERTS FINANCIAL SERVICES, INC.
- Hamel Associates,Inc. reported succeeding to the business of Hamel Associates,Inc. (Form ADV Item 4)
- Nlg Capital, Inc. reported succeeding to the business of Nlg Capital, Inc. (Form ADV Item 4)
- Legacy Wealth Management Inc reported succeeding to the business of Legacy Wealth Management Inc (Form ADV Item 4)Jan 30, 2026Succession (Item 4)factLEGACY WEALTH MANAGEMENT, LLCRAUM $2.7BandLEGACY WEALTH MANAGEMENT, LLC
- Tolleson Private Wealth Management reported succeeding to the business of Tolleson Private Wealth Management (Form ADV Item 4)Jan 29, 2026Succession (Item 4)factTOLLESON PRIVATE WEALTH MANAGEMENTRAUM $9.3BandTOLLESON PRIVATE WEALTH MANAGEMENT
- Royal Palms Capital, Llc reported succeeding to the business of Royal Palms Capital, Llc (Form ADV Item 4)
- Martel Wealth Advisors, Llc reported succeeding to the business of Martel Wealth Advisors Inc (Form ADV Item 4)Jan 28, 2026Succession (Item 4)factMARTEL WEALTH ADVISORS, LLCRAUM $1.5BandMARTEL WEALTH ADVISORS, LLC
- Radix Financial, Llc reported succeeding to the business of Radix Financial, Llc (Form ADV Item 4)
- Ejf Capital Lp reported succeeding to the business of Ejf Capital Lp (Form ADV Item 4)
- Piedmont Wealth Management reported succeeding to the business of Piedmont Wealth Management (Form ADV Item 4)Jan 24, 2026Succession (Item 4)factPIEDMONT WEALTH MANAGEMENTRAUM $156MandPIEDMONT WEALTH MANAGEMENT
- Bg Investment Services, Llc reported succeeding to the business of Bg Investment Services, Inc. (Form ADV Item 4)Jan 22, 2026Succession (Item 4)factBG INVESTMENT SERVICES, LLCRAUM $868MandBG INVESTMENT SERVICES, LLC
- Park Place Capital Corporation reported succeeding to the business of Park Place Capital Corporation (Form ADV Item 4)Jan 16, 2026Succession (Item 4)factPARK PLACE CAPITAL CORPORATIONRAUM $879MandPARK PLACE CAPITAL CORPORATION
- E & G Advisors, Llc reported succeeding to the business of E & G Advisors, Lp (Form ADV Item 4)
- Calixto Global Partners Llc reported succeeding to the business of Calixto Global Investors, Lp (Form ADV Item 4)Jan 12, 2026Succession (Item 4)factCALIXTO GLOBAL PARTNERS LLCRAUM $55.8MandCALIXTO GLOBAL PARTNERS LLC
- Aerodigm Wealth Llc reported succeeding to the business of Delap Wealth Advisory, Llc (Form ADV Item 4)
- Xponance Llc reported succeeding to the business of Xponance, Inc. (Form ADV Item 4)
- Nierenberg Investment Management Company, Llc reported succeeding to the business of Nierenberg Investment Management Company, Inc. (Form ADV Item 4)Jan 7, 2026Succession (Item 4)factNIERENBERG INVESTMENT MANAGEMENT COMPANY, LLCRAUM $235MandNIERENBERG INVESTMENT MANAGEMENT COMPANY, LLC
- Square Nine Capital, Lp reported succeeding to the business of Square Nine Capital, Lp (Form ADV Item 4)
- Oldfather Financial Services reported succeeding to the business of Oldfather Financial Services Llc (Form ADV Item 4)Dec 15, 2025Succession (Item 4)factOLDFATHER FINANCIAL SERVICESRAUM $556MandOLDFATHER FINANCIAL SERVICES LLC
- Accountants Proprietary Financial Servicenet, Llc reported succeeding to the business of Accountants Proprietary Financial Servicenet, Inc. (Form ADV Item 4)Dec 11, 2025Succession (Item 4)factACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLCRAUM $464MandACCOUNTANTS PROPRIETARY FINANCIAL SERVICENET, LLC
- Greenwood Gearhart, Llc reported succeeding to the business of Greenwood Gearhart Inc. (Form ADV Item 4)
- Magellan Investment Partners North America, Inc. reported succeeding to the business of Frontegra Asset Management Inc (Form ADV Item 4)Dec 5, 2025Succession (Item 4)factMAGELLAN INVESTMENT PARTNERS NORTH AMERICA, INC.RAUM $119MandMAGELLAN INVESTMENT PARTNERS NORTH AMERICA, INC.
- Future Capital reported succeeding to the business of Future Capital (Form ADV Item 4)
- Wealthspire Retirement Advisory reported succeeding to the business of Wealthspire Retirement Advisory (Form ADV Item 4)Nov 21, 2025Succession (Item 4)factWEALTHSPIRE RETIREMENT ADVISORYRAUM $39BandWEALTHSPIRE RETIREMENT ADVISORY
- Bluedoor Private Wealth, Llc reported succeeding to the business of Live Oak Family Offices Llc (Form ADV Item 4)Nov 19, 2025Succession (Item 4)factBLUEDOOR PRIVATE WEALTH, LLCRAUM $337MandLIVE OAK FAMILY OFFICES LLC
- Alere Planning Llc reported succeeding to the business of Alere Planning Llc (Form ADV Item 4)
- Family Manage Llc reported succeeding to the business of Family Management Corporation (Form ADV Item 4)
- World Advisory Services reported succeeding to the business of World Advisory Services (Form ADV Item 4)
- Ims Capital Management reported succeeding to the business of Ims Capital Management (Form ADV Item 4)
- Pinnacle Wealth Advisors reported succeeding to the business of Pinnacle Wealth Advisors (Form ADV Item 4)
- Elmtree Funds, Llc reported succeeding to the business of Elmtree Funds, Llc (Form ADV Item 4)
- Cornerstone Portfolio Research reported succeeding to the business of Cornerstone Portfolio Research (Form ADV Item 4)Sep 25, 2025Succession (Item 4)factCORNERSTONE PORTFOLIO RESEARCHRAUM $444MandCORNERSTONE PORTFOLIO RESEARCH
- Beacon Capital Management, Inc. reported succeeding to the business of Astor Investment Management Llc (Form ADV Item 4)Aug 30, 2025Succession (Item 4)factBEACON CAPITAL MANAGEMENT, INC.RAUM $4.3BandASTOR INVESTMENT MANAGEMENT LLC
- Invesco Management S.A. reported succeeding to the business of Invesco Asset Management Deutschland Gmbh (Form ADV Item 4)
Page 1 of 28Next
1,631 events.
Post-acquisition retention
Which acquirers keep the advisors they buy
For every acquirer with at least three firms absorbed since 2015: the share of acquired advisors still registered through the acquirer 90, 180, 365 and 730 days after the move, measured only on absorptions old enough for the window. A lower bound: people who left the industry are on neither side, and a re-registration to an affiliated CRD in the same group counts as a departure. Sorted from lowest one-year retention.
| Acquirer | Firms | Advisors | 90 d | 180 d | 365 d | 730 d | Teams out after |
|---|---|---|---|---|---|---|---|
| CETERA INVESTMENT ADVISERS LLC | 7 | 53 | 49% | 49% | 49% (53) | 16% (32) | 273 |
| DIVERSIFY ADVISORY SERVICES, LLC | 3 | 26 | 81% | 77% | 62% (26) | 54% (26) | 8 |
| B. RILEY WEALTH ADVISORS, INC. | 3 | 22 | 95% | 91% | 73% (22) | 55% (22) | 25 |
| CHOREO, LLC | 4 | 26 | 85% | 85% | 80% (20) | 75% (20) | 0 |
| NORTHCOAST ASSET MANAGEMENT LLC | 7 | 96 | 98% | 99% | 80% (96) | 23% (79) | 0 |
| BUCKINGHAM STRATEGIC WEALTH, LLC | 15 | 57 | 98% | 98% | 81% (57) | 67% (57) | 8 |
| CW ADVISORS, LLC | 11 | 63 | 86% | 83% | 82% (60) | 78% (37) | 2 |
| CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC. | 8 | 47 | 98% | 91% | 82% (44) | 80% (44) | 227 |
| MODERN WEALTH MANAGEMENT, LLC | 7 | 43 | 89% | 89% | 83% (35) | 78% (23) | 0 |
| EP WEALTH ADVISORS | 22 | 116 | 83% | 83% | 83% (101) | 73% (48) | 0 |
| MERCER GLOBAL ADVISORS INC. | 38 | 196 | 89% | 88% | 84% (138) | 79% (126) | 35 |
| HIGHTOWER ADVISORS, LLC | 42 | 334 | 87% | 85% | 85% (334) | 82% (304) | 150 |
| SECURITIES AMERICA ADVISORS, INC. | 3 | 27 | 93% | 93% | 85% (27) | 85% (27) | 29 |
| GLOBAL RETIREMENT PARTNERS LLC | 7 | 34 | 88% | 88% | 85% (34) | 97% (31) | 9 |
| CWM, LLC | 21 | 94 | 96% | 96% | 85% (55) | 72% (36) | 87 |
| FOCUS PARTNERS WEALTH, LLC | 19 | 155 | 87% | 89% | 86% (125) | 79% (56) | 10 |
| CONNECTUS WEALTH | 3 | 21 | 100% | 100% | 86% (21) | 81% (21) | 6 |
| CURI CAPITAL, LLC | 3 | 21 | 90% | 86% | 86% (21) | 81% (21) | 0 |
| PERIGON WEALTH MANAGEMENT, LLC | 6 | 29 | 86% | 90% | 86% (22) | 86% (22) | 3 |
| SUMMIT FINANCIAL, LLC | 9 | 43 | 91% | 91% | 87% (39) | 100% (9) | 10 |
| MODERA WEALTH MANAGEMENT, LLC | 6 | 27 | 100% | 100% | 88% (24) | 85% (20) | 0 |
| COLDSTREAM WEALTH MANAGEMENT | 6 | 48 | 85% | 85% | 88% (48) | 82% (28) | 0 |
| MAI CAPITAL MANAGEMENT, LLC | 21 | 92 | 89% | 89% | 88% (73) | 93% (58) | 12 |
| OSAIC WEALTH, INC. | 12 | 55 | 98% | 90% | 88% (33) | 79% (29) | 757 |
| FINANCIAL ENGINES ADVISOR CENTER, LLC | 9 | 35 | 91% | 91% | 89% (35) | 0.0% (35) | 8 |
| CREATIVE PLANNING | 26 | 178 | 92% | 89% | 89% (153) | 83% (128) | 12 |
| LIDO | 12 | 82 | 93% | 91% | 90% (58) | 69% (13) | 0 |
| BEACON POINTE ADVISORS, LLC | 24 | 128 | 94% | 98% | 90% (80) | 89% (53) | 0 |
| CORIENT | 29 | 264 | 94% | 93% | 90% (215) | 87% (197) | 39 |
| PRIME CAPITAL FINANCIAL | 7 | 31 | 100% | 100% | 90% (31) | 87% (23) | 3 |
| RWA WEALTH PARTNERS | 3 | 21 | 100% | 95% | 90% (21) | 90% (21) | 0 |
| ALLWORTH FINANCIAL, L.P. | 14 | 69 | 97% | 92% | 91% (53) | 87% (23) | 14 |
| ARAX ADVISORY PARTNERS | 5 | 56 | 95% | 95% | 91% (32) | 100% (4) | 0 |
| CERITY PARTNERS LLC | 33 | 245 | 93% | 93% | 91% (192) | 88% (145) | 0 |
| WEALTHSPIRE ADVISORS | 4 | 23 | 96% | 96% | 91% (23) | 91% (23) | 0 |
| HUB INVESTMENT PARTNERS, LLC | 5 | 46 | 98% | 97% | 92% (36) | 75% (16) | 0 |
| ONEDIGITAL | 12 | 55 | 95% | 94% | 92% (51) | 89% (45) | 71 |
| MARINER | 34 | 200 | 93% | 94% | 93% (181) | 89% (175) | 40 |
| LPL FINANCIAL LLC | 33 | 185 | 94% | 95% | 93% (154) | 91% (129) | 3,834 |
| PRIVATE ADVISOR GROUP, LLC | 3 | 29 | 93% | 93% | 93% (29) | 93% (29) | 18 |
| WEALTHSPIRE ADVISORS | 5 | 47 | 94% | 96% | 94% (47) | 91% (44) | 0 |
| CRESSET ASSET MANAGEMENT, LLC | 5 | 49 | 98% | 98% | 94% (49) | 82% (49) | 2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 61 | 353 | 96% | 96% | 94% (294) | 91% (254) | 0 |
| CAPTRUST | 43 | 389 | 95% | 94% | 95% (341) | 93% (306) | 0 |
| CX INSTITUTIONAL, LLC | 4 | 21 | 100% | 100% | 95% (21) | 100% (10) | 0 |
| APELLA WEALTH | 8 | 48 | 100% | 98% | 95% (22) | 82% (17) | 0 |
| SEQUOIA FINANCIAL GROUP, L.L.C. | 11 | 54 | 98% | 98% | 96% (46) | 88% (40) | 3 |
| AMERIPRISE FINANCIAL SERVICES, LLC | 3 | 24 | 96% | 96% | 96% (24) | 96% (24) | 224 |
| APOLLON WEALTH MANAGEMENT, LLC | 7 | 29 | 93% | 93% | 96% (26) | 100% (16) | 0 |
| SAVANT WEALTH MANAGEMENT | 19 | 154 | 99% | 99% | 96% (107) | 94% (90) | 0 |
| RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC | 9 | 67 | 99% | 96% | 96% (55) | 94% (52) | 491 |
| MERIT FINANCIAL ADVISORS | 11 | 49 | 98% | 98% | 97% (32) | 88% (8) | 4 |
| WAVERLY ADVISORS, LLC | 22 | 131 | 98% | 98% | 98% (88) | 93% (45) | 0 |
| PATHSTONE | 4 | 71 | 97% | 98% | 98% (48) | 96% (48) | 0 |
| NEWEDGE ADVISORS | 5 | 34 | 97% | 100% | 100% (23) | 100% (19) | 20 |
| MOLONEY SECURITIES ASSET MANAGEMENT LLC | 3 | 47 | 100% | 100% | 100% (47) | 96% (47) | 0 |