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
Rivernorth Capital Management, LLC
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 24 filings
SEC status approved since Oct 15, 2002
RAUM
$6.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$685M
derived; firm RAUM over IAPD count
Employees
20
10 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
5
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$6.2B as of Mar 31, 2026
Mar 30, 2012$1.7B then
HNW client RAUM$0 as of Mar 31, 2026
Mar 31, 2018$0 then
State-registered IARs (5.B.3)8 as of Mar 31, 2026
Mar 28, 20139 then
Employees (5.A)20 as of Mar 31, 2026
Mar 28, 201318 then
Private funds5 as of Mar 31, 2026
Mar 30, 20123 then
RAUM -0.2% over the last fiscal year+1.0% a year over threeIARs 8 to 8
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
- RAUM per advisor
- $685MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $193MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.2derivedItem 5.A over advisors
- Advisors per office
- 4.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- -0.2%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
- Custody
- $1.4B, 5 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$4.6B75%
- Pooled investment vehicles$1.4B23%
- Other investment advisers$143M2.3%
- Charitable organizations$10,3620.0%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 1reported
- Accounts
- 32reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $1.4B for 5 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=5.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Brian Harold Schmucker | Chicago, Il | Jan 26, 2001 | 26 y | 0 |
| Patrick William GalleyChartered Financial Analyst | Chicago, Il | Nov 3, 2004 | 21 y | 0 |
| Melissa Ann Braun | West Palm Beach, Fl | Nov 14, 2006 | 21 y | 0 |
| Eric Martin PestrueChartered Financial Analyst | West Palm Beach, Fl | Dec 10, 2012 | 25 y | 0 |
| Stephen Andrew O'NeillChartered Financial Analyst | West Palm Beach, Fl | Dec 10, 2012 | 19 y | 0 |
| William Allen WebbChartered Financial Analyst | West Palm Beach, Fl | Dec 10, 2012 | 18 y | 4 |
| Christopher Ramesh LakumbChartered Financial Analyst | Vancouver, Wa | Oct 22, 2013 | 19 y | 4 |
| Jonathan Paul Browne | Grosse Pointe, Mi | May 6, 2024 | 12 y | 0 |
| Jeffrey Ryan Feldman | Chicago, Il | Jun 24, 2026 | 25 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 headcount0 left over 36 months
Left, latest
- Andrew Peter Kerai to Capital IdeasJan 5, 2022 · Other
- Eric Joseph Metz to Spiderrock Advisors, LLCAug 20, 2015 · Other
- Trevor J Andrews to Merrill Lynch, Pierce, Fenner & Smith IncorporatedMar 19, 2015 · Other
- Renee Elizabeth Lucas to Strategiq Financial Group, LLCJul 9, 2013 · Other
- Christopher Ramesh Lakumb to Independent Financial PartnersFeb 6, 2012 · Other
- Scott Matthew Riethman to Nationwide Investment Advisors, LLCMar 30, 2007 · Other
- Brian Neal Bollman to Northwestern Mutual Investment Services,LLCNov 7, 2006 · Other
- Donald Lawrence Beasley to Stadion Money Management, LLCDec 31, 2002 · Other
Joined, latest
- Christopher Ramesh Lakumb from Everbank Wealth ManagementOct 22, 2013 · Other
- William Allen Webb from Alpha Capital Funds ManagementDec 10, 2012 · Other
- Christopher Ramesh Lakumb from Interocean Wealth Management LLCJul 6, 2009 · Other
Private funds
8 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Rivernorth Institutional Partners L.P. | Hedge Fund | $734M | 315 | Mar 30, 2012 |
| Rivernorth Spac Arbitrage Fund, LP | Hedge Fund | $196M | 32 | Mar 31, 2021 |
| Rivernorth Capital Partners, L.P. | Hedge Fund | $103M | 118 | Mar 30, 2012 |
| Rivernorth Institutional Partners Offshore Ltd. | Hedge Fund | $56.2M | 18 | Mar 30, 2019 |
| Rivernorth Specialty Finance, LLCno longer reported | Other Private Fund | $14.4M | 20 | Oct 18, 2016 |
| Rivernorth Municipal Partners, L.P.no longer reported | Hedge Fund | $10.7M | 13 | Mar 30, 2012 |
| Rivernorth Trading Partners LPno longer reported | Hedge Fund | $1.6M | 5 | Nov 13, 2013 |
| Rivernorth Select Partners, L.P. | Hedge Fund | $0 | 0 | Mar 28, 2024 |
Owners and control persons
Schedule A and B, latest filing
- Lane Marcus Collins · General Counsel, Secretary And Chief Compliance Officercontrolsince 06/2012 · owns less than 5%
- William Patrick Galley · Chief Executive Officer, Chief Investment Officer, Managercontrolsince 10/2004 · owns less than 5%
- Michael Jonathan Mohrhardt · President And Chief Operating Officer, Managercontrolsince 01/2009 · owns less than 5%
- Harold Brian Schmucker · Founder, Managercontrolsince 08/2000 · owns less than 5%
- William Patrick Galley · Shareholdercontrolsince 11/2010 · owns 50% to 75% of Rivernorth Holding Co.
- Harold Brian Schmucker · Shareholdercontrolsince 01/2010 · owns 25% to 50% of Rivernorth Holding Co.
Entity owners
- Rivernorth Financial Holdings LLC · Memberdirect · owns 75% or more
- Rivernorth Holding Co. · Memberindirect · owns 75% or more of Rivernorth Financial Holdings, LLC
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| West Palm Beach, Fl · principal | 6 | 0 | 0 | ||
| Chicago, Il | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Chicago, IL7 employees
What changed
consecutive filings, newest first
- Accounts · 30 to 32Mar 26, 2025 to Mar 31, 2026
- Assets in custody · $973M to $1.4BMar 26, 2025 to Mar 31, 2026
- Employees · 19 to 20Mar 26, 2025 to Mar 31, 2026
- Discretionary RAUM · $6.2B to $6.2BMar 26, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $1.3B to $1.4BMar 26, 2025 to Mar 31, 2026
- RAUM · $6.2B to $6.2BMar 26, 2025 to Mar 31, 2026
- Related adviser · false to trueMar 26, 2025 to Mar 31, 2026
- Advisory employees · 8 to 10Jul 5, 2024 to Mar 26, 2025
- BD registered reps · 4 to 5Jul 5, 2024 to Mar 26, 2025
- Charity clients · 2 to 1Jul 5, 2024 to Mar 26, 2025
- Assets in custody · $1.0B to $973MJul 5, 2024 to Mar 26, 2025
- Employees · 18 to 19Jul 5, 2024 to Mar 26, 2025
- Financial planning clients · 0 to 0Jul 5, 2024 to Mar 26, 2025
- Discretionary RAUM · $6.8B to $6.2BJul 5, 2024 to Mar 26, 2025
- Pooled vehicle RAUM · $2.1B to $1.3BJul 5, 2024 to Mar 26, 2025
- RAUM · $6.8B to $6.2BJul 5, 2024 to Mar 26, 2025
- Accounts · 23 to 30Apr 3, 2023 to Mar 28, 2024
- Pooled vehicle clients · 4 to 5Apr 3, 2023 to Mar 28, 2024
- Assets in custody · $1.1B to $1.0BApr 3, 2023 to Mar 28, 2024
- Private funds · 4 to 5Apr 3, 2023 to Mar 28, 2024
- Discretionary RAUM · $6.0B to $6.8BApr 3, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $1.1B to $2.1BApr 3, 2023 to Mar 28, 2024
- RAUM · $6.0B to $6.8BApr 3, 2023 to Mar 28, 2024
- Accounts · 19 to 23Apr 7, 2022 to Mar 30, 2023
- Charity clients · 1 to 2Apr 7, 2022 to Mar 30, 2023
- Assets in custody · $1.2B to $1.1BApr 7, 2022 to Mar 30, 2023
- Employees · 17 to 18Apr 7, 2022 to Mar 30, 2023
- Discretionary RAUM · $6.5B to $6.0BApr 7, 2022 to Mar 30, 2023
- Pooled vehicle RAUM · $1.2B to $1.1BApr 7, 2022 to Mar 30, 2023
- RAUM · $6.5B to $6.0BApr 7, 2022 to Mar 30, 2023
- Accounts · 18 to 19Mar 31, 2021 to Mar 31, 2022
- Advisory employees · 7 to 8Mar 31, 2021 to Mar 31, 2022
- Advisory activities · 4 to 3Mar 31, 2021 to Mar 31, 2022
- Assets in custody · $727M to $1.2BMar 31, 2021 to Mar 31, 2022
- Employees · 20 to 17Mar 31, 2021 to Mar 31, 2022
- HQ city · CHICAGO to WEST PALM BEACHMar 31, 2021 to Mar 31, 2022
- HQ state · IL to FLMar 31, 2021 to Mar 31, 2022
- State-registered IARs · 10 to 8Mar 31, 2021 to Mar 31, 2022
- Other offices · 0 to 1Mar 31, 2021 to Mar 31, 2022
- Discretionary RAUM · $5.3B to $6.5BMar 31, 2021 to Mar 31, 2022
Signals
2 dated events
- Andrew Peter Kerai left Rivernorth Capital Management, Llc for Capital Ideas (registered 2022-01-19)Jan 5, 2022 · Advisor changed firm · fact
- Rivernorth Capital Management, Llc reported RAUM $4.7B, up 36% from $3.5B (2019-03-30 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- LINKEDIN.COM/COMPANY/RIVERNORTH-CAPITAL-MANAGEMENT-LLCreportedpublic record, Form ADV, Sep 17, 2026
- Website
- RIVERNORTH.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 561-484-7185reportedpublic record, Form ADV, Mar 31, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $685Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026