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.

SEC-registered adviser

True North Advisors, LLC

Independent wealth managerDallas, TexasCRD 116048SEC 801-66250website IAPD

Latest filing Jul 16, 2026

First filing on the tape Mar 29, 2012 · 43 filings

SEC status approved since Feb 21, 2006

RAUM

$5.4B

reported, Item 5.F

Discretionary

93%

of RAUM

Private clients

72%

$3.9B individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$169M

derived; firm RAUM over IAPD count

Employees

31 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

43 filings and snapshots on the tape

RAUM$5.4B as of Jul 16, 2026

Mar 29, 2012$980M then

HNW client RAUM$3.8B as of Jul 16, 2026

Mar 28, 2018$1.1B then

State-registered IARs (5.B.3)31 as of Jul 16, 2026

Mar 29, 20120 then

Employees (5.A)89 as of Jul 16, 2026

Apr 1, 201323 then

Private funds34 as of Jul 16, 2026

Mar 30, 202014 then

RAUM +21% over the last fiscal year+22% a year over threeIARs 28 to 31offices 3 to 5

Practice profile

derived from the filing of Jul 16, 2026; every figure names its basis

Archetypes, each a printed rule

RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)

RAUM per advisor: $169MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 32derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $6.4MderivedHNW RAUM over HNW clients
Average account: $1.0MderivedRAUM over accounts (5.F.2.f)
Discretionary: 93%derivedof RAUM
Institutional: 0.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 2.8derivedItem 5.A over advisors
Advisors per office: 5.3derived6 offices incl. principal (1.F.5)
RAUM growth, one year: +21%derivedbetween the last two annual amendments
Advisor growth, one year: +11%derivedItem 5.B.3 between annual amendments
Client growth, one year: +16%derived
Compensation: percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, pension consulting, selection of other advisersreportedItem 5.G
Custody: $1.9B, 466 clientsreportedItem 9.A
Ownership: no PE, bank or public-company owner found on Schedule Aderived
Firms absorbed, 24 months: 1derivedhalf or more of a firm's advisors moved here within 14 days
Advisor book size: not public; not estimatedreported

Also answered yes on Form ADV

buys or sells securities as principal to or from clients (8.A.2)
has discretionary authority over which securities are bought or sold (8.C.1)
receives research or other products from a broker-dealer, soft dollars (8.E)
has custody of client cash or bank accounts (9.A.1.a)
has custody of client securities (9.A.1.b)
an independent public accountant performs a surprise examination (9.C.1)
marketing includes hypothetical performance (5.L.3)

Where the RAUM sits

Form ADV Item 5.D, latest filing

High-net-worth individuals$3.8B70%
Pooled investment vehicles$1.1B20%
Corporations and businesses$373M6.9%
Individuals$136M2.5%
Charitable organizations$38.2M0.7%

Individual clients: 428reported
HNW clients: 594reported
Pension plan clients: n/areported
Charitable clients: 7reported
Accounts: 5,298reported
Financial planning clients: 251-500reported
Wrap fee programs: noreported
Custody of client assets: $1.9B for 466 clientsreported
Compensation: % of AUM, fixed, performancereported
Class basis: private_client_share=0.72 fund_share=0.2 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived

Advisors registered through the firm

32 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
Michael Jay AndersonCertified Financial Planner	Dallas, Tx	May 8, 2017	22 y	2
Matthew Charles Borowski	Dallas, Tx	May 8, 2017	24 y	3
Scott Adair Wood	Dallas, Tx	May 9, 2017	34 y	3
Tara Leigh ScottinoCertified Financial Planner	Dallas, Tx	May 9, 2017	26 y	8
Dhruv ManiktalaChartered Financial Analyst	Dallas, Tx	May 9, 2017	21 y	1
Brian Edward HeiderChartered Financial Analyst	Dallas, Tx	May 9, 2017	12 y	1
Mark Hunter Gehlbach	Dallas, Tx	May 9, 2017	29 y	3
Marcus Jearl Ham	Dallas, Tx	Jun 27, 2018	39 y	1
Christopher Elliott Pate	Fort Worth, Tx	Feb 13, 2019	15 y	1
Caleb Aaron BrianCertified Financial Planner	Dallas, Tx	May 23, 2019	13 y	1
Colin James BindnerCertified Financial Planner	Dallas, Tx	May 23, 2019	13 y	1
Adam Edward FarrisCertified Financial Planner	Dallas, Tx	Jul 16, 2019	11 y	1
Jamie Nicole ScottCertified Financial Planner	Dallas, Tx	Nov 18, 2019	10 y	1
Kellie Law Crewse	Dallas, Tx	Jan 17, 2020	17 y	0
Ivan SalazarCertified Financial Planner	Dallas, Tx	Apr 14, 2022	11 y	1
Braden Ryan ColeChartered Financial Analyst	Dallas, Tx	Jun 14, 2022	18 y	3
Zachary Allan Kuhlman	Dallas, Tx	Aug 17, 2022	16 y	1
Matt Landing PedenChartered Financial Analyst	Dallas, Tx	Sep 29, 2023	32 y	0
Joseph Preston MorrisonCertified Financial Planner	Fort Worth, Tx	Oct 24, 2023	11 y	0
Christopher Holub ConlanChartered Financial Analyst	Dallas, Tx	Nov 6, 2023	13 y	0
William Tennyson Sanders	Dallas, Tx	Sep 17, 2024	27 y	3
Royce Wesley MedlinChartered Financial Analyst	Dallas, Tx	Sep 17, 2024	22 y	4
Corey Bryant LongCertified Financial Planner	Dallas, Tx	Sep 17, 2024	21 y	4
Aaron Robert LangChartered Financial Analyst	Dallas, Tx	Sep 17, 2024	10 y	1
Royce Glenn ItschnerCertified Financial Planner, Personal Financial Specialist	Kerrville, Tx	Sep 17, 2024	31 y	2
Charles Ferrell Hall	Dallas, Tx	Sep 17, 2024	19 y	2
Mark Sebastian Walsh	Dallas, Tx	Sep 21, 2024	27 y	1
Anna Marie HamiltonCertified Financial Planner	Dallas, Tx	Oct 29, 2024	12 y	0
Matthew Brooks DublinChartered Financial Analyst	Dallas, Tx	Jul 2, 2025	32 y	1
Brett David Hoover	Dallas, Tx	Sep 3, 2025	20 y	1
Trevor Rhey DunfeeCertified Financial Planner	Dallas, Tx	Jan 15, 2026	10 y	0
Scott SkrockiCertified Financial Planner	Fort Worth, Tx	Jul 13, 2026	10 y	0

Advisor movement

0 left, 0 joined in 12 months

net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months

Left, latest

Madeline Christine Sabo to Moneta Group Investment Advisors, LLC
Apr 8, 2024 · RIA to RIA
Micah Taylor Adams to Strata Wealth Advisors, LLC
Feb 29, 2024 · RIA to RIA
Dusty Dawn Wallace to Strata Wealth Advisors, LLC
Aug 17, 2021 · RIA to RIA
Michael David Miller to Principia Wealth Advisory, LLC
Jan 3, 2020 · RIA to RIA
Cassandra Humphreys Guerrero to Rgt Wealth Advisors
Jan 12, 2018 · Other
Scott Adair Wood to American Securities Group, Inc.
Dec 31, 2016 · Other
Mark Hunter Gehlbach to American Securities Group, Inc.
Dec 31, 2016 · Other
Matthew Edward Fitzsimmons to American Securities Group, Inc.
Dec 31, 2016 · Other
Alesia Kaye Coffman to Merrill Lynch, Pierce, Fenner & Smith Incorporated
Aug 20, 2015 · Other
Joseph Stephen Penner to American Securities Group, Inc.
Apr 20, 2015 · Other
Timothy Lawrence Dwight to Springvest Wealth Management, Inc.
Apr 16, 2015 · Other
Adam Charles Goldenberg to Rgt Wealth Advisors
Apr 16, 2015 · Other
Barron Dean Beal to Covenant
Apr 17, 2012 · Other
Raymon Bedford Tanner to American Securities Group, Inc.
Dec 9, 2010 · Other
Brennan Gale Cross to American Securities Group, Inc.
Dec 9, 2010 · Other

Joined, latest

Brett David Hoover from Blue Investment Partners LLC
Sep 3, 2025 · RIA to RIA
Matthew Brooks Dublin from Blue Investment Partners LLC
Jul 2, 2025 · RIA to RIA
Mark Sebastian Walsh from Westwood Wealth Management
Sep 21, 2024 · RIA to RIA
Royce Wesley Medlin from Clear Rock Advisors, LLC
Sep 17, 2024 · RIA to RIA
Corey Bryant Long from Clear Rock Advisors, LLC
Sep 17, 2024 · RIA to RIA
Royce Glenn Itschner from Clear Rock Advisors, LLC
Sep 17, 2024 · RIA to RIA
Charles Ferrell Hall from Clear Rock Advisors, LLC
Sep 17, 2024 · RIA to RIA
Aaron Robert Lang from Clear Rock Advisors, LLC
Sep 17, 2024 · RIA to RIA
William Tennyson Sanders from Clear Rock Advisors, LLC
Sep 17, 2024 · RIA to RIA
Zachary Allan Kuhlman from Equitable Advisors, LLC
Aug 17, 2022 · Affiliated broker-dealer or bank to independent RIA
Braden Ryan Cole from Crow Holdings Capital
Jun 14, 2022 · Other
Ivan Salazar from Ameriprise Financial Services, LLC
Apr 14, 2022 · Affiliated broker-dealer or bank to independent RIA
Jamie Nicole Scott from Threadline Wealth
Nov 18, 2019 · RIA to RIA
Dusty Dawn Wallace from Lee Financial Company, LLC
Jul 16, 2019 · RIA to RIA
Adam Edward Farris from Merrill Lynch, Pierce, Fenner & Smith Incorporated
Jul 16, 2019 · Wirehouse to independent RIA

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

3 left for American Securities Group, Inc.
Dec 31, 2016 · Dallas, Tx

6 joined from Clear Rock Advisors, LLC
Sep 17, 2024 · Kerrville, Tx · Firm absorbed

Teams out Teams in

Private funds

34 reported on Schedule D 7.B.(1)

Fund	Type	Gross assets	Owners	First reported
Western Alternative Strategies, L.P. Multi-Strategy Series	Hedge Fund	$287M	123	Mar 30, 2021
Western Alternative Strategies, L.P. - Income	Hedge Fund	$158M	150	Mar 29, 2023
Western Alternative Strategies, L.P. - Active Equity	Hedge Fund	$82.7M	124	Mar 29, 2019
Western Alternative Strategies, L.P. - Equity	Hedge Fund	$52.0M	67	Feb 1, 2012
Western Alternative Strategies, L.P. - Gps Vi		$43.4M	141	Jul 16, 2026
Western Alternative Strategies, L.P. - Gps IV	Other Private Fund	$38.7M	148	Mar 29, 2023
Western Alternative Strategies, L.P. - Gps V	Other Private Fund	$38.6M	112	Mar 28, 2024
Western Alternative Strategies, L.P. - Credit	Hedge Fund	$36.8M	59	Feb 1, 2012
Western Alternative Strategies, L.P. - Real Estate Vii	Real Estate Fund	$33.8M	73	Mar 29, 2022
Western Alternative Strategies, L.P. - Gps Vii		$29.9M	88	Jul 16, 2026
Western Alternative Strategies, L.P. - Private Opportunties II	Venture Capital Fund	$27.9M	72	Mar 30, 2021
Western Alternative Strategies, L.P. - Private Opportunties	Venture Capital Fund	$27.2M	30	May 3, 2019
Western Alternative Strategies, L.P. Tail Risk	Hedge Fund	$22.0M	172	Mar 30, 2021
Western Alternatives Strategies, L.P. - Co-Gp	Other Private Fund	$20.3M	20	Mar 28, 2024
Western Alternative Strategies, L.P. - Private Opportunities III	Venture Capital Fund	$19.2M	36	Mar 29, 2023
Western Alternative Strategies, L.P. - Gps III	Other Private Fund	$17.9M	105	Mar 29, 2022
Western Alternative Strategies, L.P. - Aps		$17.8M	19	Jul 16, 2026
Western Alternative Strategies, L.P. - Real Estate Vi	Real Estate Fund	$17.7M	41	Mar 30, 2021
Western Alternative Strategies, L.P. - Gps	Other Private Fund	$17.4M	106	Mar 30, 2020
Western Alternative Strategies, L.P. - Gps II	Other Private Fund	$15.3M	95	Mar 30, 2021
Western Alternative Strategies, L.P. Real Estate Viii		$12.5M	38	Jul 16, 2026
Western Alternative Strategies, L.P. - Real Estate V	Real Estate Fund	$9.4M	22	Mar 30, 2020
Western Alternative Strategies, L.P.-Belpointe		$9.1M	48	Jul 16, 2026
Western Alternative Strategies, L.P. -Private Opportunites IV		$8.7M	19	Jul 16, 2026
Western Alternative Strategies, L.P. Energy IV	Other Private Fund	$8.6M	7	Mar 28, 2024
Western Alternative Strategies, L.P. - Real Estate IV	Real Estate Fund	$7.8M	17	Mar 30, 2018
Western Alternative Strategies, L.P., Energy II	Other Private Fund	$5.4M	16	Jul 1, 2015
Western Alternative Strategies, L.P., Energy III	Other Private Fund	$4.5M	14	Jun 22, 2017
Western Alternative Strategies, L.P., Energy	Other Private Fund	$3.3M	17	Mar 26, 2015
Western Alternative Strategies, L.P. - Co-Gp II		$3.1M	7	Jul 16, 2026
Western Alternative Strategies, L.P. - Real Estate III	Real Estate Fund	$2.7M	16	Mar 8, 2016
Western Alternative Strategies, L.P. - Ch4	Other Private Fund	$2.3M	21	Mar 30, 2020
Western Alternative Strategies, L.P. - Real Estate	Real Estate Fund	$1.7M	7	Apr 1, 2013
Western Alternative Strategies, L.P. - Real Estate II	Real Estate Fund	$1.0M	14	Mar 26, 2015

Owners and control persons

Schedule A and B, latest filing

Pond Paula Davis · Md Of Dallascontrol
since 01/2013 · owns less than 5%
Hunter Mark Gehlbach · Managing Member, Presidentcontrol
since 07/2000 · owns 10% to 25%
Dhruv Maniktala · Ciocontrol
since 01/2018 · owns 5% to 10%
Elliott Christopher Pate · Chief Operating Officercontrol
since 01/2019 · owns 5% to 10%
Michael William Sharp · Chief Compliance Officer And Md Of Financecontrol
since 01/2018 · owns less than 5%
Adair Scott Wood · Managing Member, Chief Executive Officercontrol
since 07/2000 · owns 25% to 50%
William John Copeland · Elected Managercontrol
since 01/2024 · owns F of True North Advisors Holdings, LLC
Hunter Mark Gehlbach · Elected Managercontrol
since 01/2024 · owns F of True North Advisors Holdings, LLC
Dhruv Maniktala · Elected Managercontrol
since 01/2024 · owns F of True North Advisors Holdings, LLC
Elliott Christopher Pate · Elected Managercontrol
since 01/2024 · owns F of True North Advisors Holdings, LLC
Adair Scott Wood · Trusteecontrol
since 01/2024 · owns F of Wood Family Trust
Adair Scott Wood · Elected Managercontrol
since 01/2024 · owns F of True North Advisors Holdings, LLC

Entity owners

True North Advisors Holdings, · Member
direct · owns 75% or more
True North Advisors Holdings, LLC · Member
direct · owns 75% or more
Aspire Holdings, LLC · Member
indirect · owns 75% or more of Project Delta Acquisition, LLC
Hggc Fund IV-A.L.P. · Member
indirect · owns 50% to 75% of Aspire Holdings, LLC
Project Delta Acquisition, LLC · Member
indirect · owns 25% to 50% of True North Advisors Holdings, LLC
Wood Family Trust · Member
indirect · owns 25% to 50% of True North Advisors Holdings, LLC

Related persons

Schedule D 7.A

Tnwasgp, LLC
pooled vehicle sponsory

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined
Dallas, Tx · principal	32	2
Fort Worth, Tx	3	1
Kerrville, Tx	3	0

Offices

Schedule D 1.F, the 25 largest

Fort Worth, TX2 employees

ADV anomalies

3 against comparable advisers; where to look, not conclusions

control person changedChange between filings · filing Jul 16, 2026
COPELAND, JOHN, WILLIAM (ELECTED MANAGER) left Schedule A between the filings of 2024-03-28 and 2026-07-16
peers: independent wealth managers, $5B to $20B (289)
control person changedChange between filings · filing Jul 16, 2026
DAVIS, PAULA, POND (MD OF DALLAS) left Schedule A between the filings of 2024-03-28 and 2026-07-16
peers: independent wealth managers, $5B to $20B (289)
office count surgeChange between filings · filing Mar 27, 2026
offices other than the principal office (Item 1.F.5) moved from 3.0 to 5.0 (+67.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was 0.0% (142 comparable advisers, 91.0th percentile of changes)
peers: independent wealth managers, $5B to $20B (142) · 91% percentile

How anomalies are measured

What changed

consecutive filings, newest first

Accounts · 4,317 to 5,298
Jan 5, 2026 to Mar 27, 2026
Advisory employees · 28 to 31
Jan 5, 2026 to Mar 27, 2026
Charity clients · 8 to 7
Jan 5, 2026 to Mar 27, 2026
HNW clients · 514 to 594
Jan 5, 2026 to Mar 27, 2026
Individual clients · 364 to 428
Jan 5, 2026 to Mar 27, 2026
Pooled vehicle clients · 30 to 34
Jan 5, 2026 to Mar 27, 2026
Assets in custody · $1.7B to $1.9B
Jan 5, 2026 to Mar 27, 2026
Employees · 65 to 89
Jan 5, 2026 to Mar 27, 2026
State-registered IARs · 28 to 31
Jan 5, 2026 to Mar 27, 2026
Private funds · 30 to 34
Jan 5, 2026 to Mar 27, 2026
Discretionary RAUM · $4.1B to $5.0B
Jan 5, 2026 to Mar 27, 2026
HNW RAUM · $3.0B to $3.8B
Jan 5, 2026 to Mar 27, 2026
Individual RAUM · $118M to $136M
Jan 5, 2026 to Mar 27, 2026
Non-discretionary RAUM · $372M to $402M
Jan 5, 2026 to Mar 27, 2026
Pooled vehicle RAUM · $934M to $1.1B
Jan 5, 2026 to Mar 27, 2026
RAUM · $4.5B to $5.4B
Jan 5, 2026 to Mar 27, 2026
Other offices · 3 to 5
Mar 31, 2025 to Sep 25, 2025
Accounts · 3,808 to 4,317
Sep 26, 2024 to Mar 31, 2025
Advisory employees · 21 to 28
Sep 26, 2024 to Mar 31, 2025
Charity clients · 6 to 8
Sep 26, 2024 to Mar 31, 2025
Corporate clients · unset to 5.0
Sep 26, 2024 to Mar 31, 2025
HNW clients · 396 to 514
Sep 26, 2024 to Mar 31, 2025
Individual clients · 210 to 364
Sep 26, 2024 to Mar 31, 2025
Pooled vehicle clients · 27 to 30
Sep 26, 2024 to Mar 31, 2025
Assets in custody · $1.2B to $1.7B
Sep 26, 2024 to Mar 31, 2025
Employees · 52 to 65
Sep 26, 2024 to Mar 31, 2025
Financial planning clients · 251-500 to 251-500
Sep 26, 2024 to Mar 31, 2025
State-registered IARs · 21 to 28
Sep 26, 2024 to Mar 31, 2025
Other offices · 1 to 3
Sep 26, 2024 to Mar 31, 2025
Private funds · 27 to 30
Sep 26, 2024 to Mar 31, 2025
Discretionary RAUM · $3.3B to $4.1B
Sep 26, 2024 to Mar 31, 2025
HNW RAUM · $2.4B to $3.0B
Sep 26, 2024 to Mar 31, 2025
Individual RAUM · $134M to $118M
Sep 26, 2024 to Mar 31, 2025
Non-discretionary RAUM · $23.4M to $372M
Sep 26, 2024 to Mar 31, 2025
Pooled vehicle RAUM · $812M to $934M
Sep 26, 2024 to Mar 31, 2025
RAUM · $3.3B to $4.5B
Sep 26, 2024 to Mar 31, 2025
Accounts · 3,532 to 3,808
Oct 3, 2023 to Mar 28, 2024
Advisory employees · 18 to 21
Oct 3, 2023 to Mar 28, 2024
HNW clients · 382 to 396
Oct 3, 2023 to Mar 28, 2024
Individual clients · 227 to 210
Oct 3, 2023 to Mar 28, 2024

Signals

10 dated events

True North Advisors, Llc reported RAUM $4.5B, up 34% from $3.3B (2024-09-26 to 2025-03-31)
Mar 31, 2025 · RAUM change · derived
Clear Rock Advisors, LLC's advisors moved to True North Advisors, LLC (Kerrville, TX): 6 of 6 registered, on the same day
Sep 17, 2024 · Firm absorbed (people side) · derived
Madeline Christine Sabo left True North Advisors, Llc for Moneta Group Investment Advisors, Llc (registered 2025-02-05)
Apr 8, 2024 · Advisor changed firm · fact
William John Copeland (Elected Manager) appeared on Schedule A of True North Advisors, Llc
Mar 28, 2024 · Control person joined · fact
Micah Taylor Adams left True North Advisors, Llc for Strata Wealth Advisors, Llc (registered 2024-02-27)
Feb 29, 2024 · Advisor changed firm · fact
True North Advisors, Llc reported RAUM $2.3B, up 46% from $1.6B (2020-07-20 to 2021-03-30)
Mar 30, 2021 · RAUM change · derived
True North Advisors, Llc reported RAUM $1.4B, up 28% from $1.1B (2019-03-29 to 2019-05-03)
May 3, 2019 · RAUM change · derived
Elliott Christopher Pate (Managing Director Fort Worth) appeared on Schedule A of True North Advisors, Llc
May 3, 2019 · Control person joined · fact
Michael William Sharp (Chief Compliance Officer And Vp Of Finance) appeared on Schedule A of True North Advisors, Llc
Mar 29, 2019 · Control person joined · fact
Dhruv Maniktala (Vp Of Global Investment Strategy) appeared on Schedule A of True North Advisors, Llc
Mar 29, 2019 · Control person joined · fact

Across DFX

shared identifiers only, never a name match

True North Advisors, LLC · Venture Capital
shared crd · organization

How to reach

public business contact points only, each with its source

Business phone: 214-473-4303reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile: LINKEDIN.COM/COMPANY/TRUE-NORTH-ADVISORSreportedpublic record, Form ADV, Sep 17, 2026
Website: westernalts.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 214-360-7300reportedpublic record, Form ADV, Jul 16, 2026
Team page: westernalternativestrategies.com/teamreportedpublished by the firm, firm site, Sep 15, 2026

Provenance

Form ADV: SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors: IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class: Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor: $169Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026

Across the graphs

True North Advisors, LLC is the same institution as 1 record in Real Estate Funds.

Real Estate Funds1

Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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