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
First Eagle Alternative Credit, LLC
Latest filing Jun 30, 2026
First filing on the tape Mar 28, 2012 · 59 filings
SEC status approved since Apr 21, 2010
RAUM
$13B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
79
42 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
70
reported on Schedule D
History
59 filings and snapshots on the tape
RAUM$13B as of Jun 30, 2026
Mar 28, 2012$277M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 30, 2026
Mar 28, 20120 then
Employees (5.A)79 as of Jun 30, 2026
Mar 28, 201326 then
Private funds70 as of Jun 30, 2026
Mar 31, 20141 then
RAUM -25% over the last fiscal year-14% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 30, 2026; every figure names its basis
Archetypes, each a printed rule
- PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
- RAUM per advisor
- unknownderivedRAUM 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
- $155MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- -25%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
- Custody
- $1.8B, 33 clientsreportedItem 9.A
- Ownership
- a PE fund or sponsor is a 25 percent or greater owner 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.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
- Pooled investment vehicles$10B87%
- Investment companies$781M6.6%
- Other investment advisers$715M6.0%
- Insurance companies$45.0M0.4%
- Sovereign wealth funds$15.2M0.1%
- State and municipal entities$3.1M0.0%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 81reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $1.8B for 33 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.99 institutional_share=0.01 related_bd=true related_bank=true bd_reps=4.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
85 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Wind River 2016-2 Clo Ltd | Securitized Asset Fund | $616M | 1 | Mar 31, 2017 |
| Wind River 2017-1 Clo Ltd. | Securitized Asset Fund | $579M | 1 | Mar 28, 2018 |
| Wind River 2017-3 Clo Ltd. | Securitized Asset Fund | $578M | 1 | Mar 28, 2018 |
| Wind River 2015-1 Clo Ltd. | Securitized Asset Fund | $574M | 1 | Mar 29, 2016 |
| Wind River 2018-2 Clo Ltd. | Securitized Asset Fund | $569M | 1 | Mar 28, 2018 |
| Wind River 2019-3 Clo Ltd. | Securitized Asset Fund | $566M | 1 | Mar 29, 2019 |
| Wind River 2014-1 Clo Ltd. | Securitized Asset Fund | $511M | 1 | Mar 27, 2015 |
| First Eagle Direct Lending V-B, LLC | Hedge Fund | $505M | 15 | Mar 30, 2022 |
| Wind River 2023-1 Clo Ltd | Securitized Asset Fund | $491M | 1 | Mar 30, 2022 |
| Wind River 2018-3 Clo Ltd. | Securitized Asset Fund | $484M | 1 | Mar 29, 2019 |
| Wind River 2021-3 Clo Ltd. | Securitized Asset Fund | $482M | 1 | Mar 30, 2022 |
| Wind River 2019-2 Clo Ltd. | Securitized Asset Fund | $482M | 1 | Mar 29, 2019 |
| Wind River 2014-2 Clo Ltd. | Securitized Asset Fund | $482M | 1 | Mar 27, 2015 |
| Wind River 2021-4 Clo Ltd. | Securitized Asset Fund | $480M | 1 | Mar 30, 2022 |
| Wind River 2021-1 Clo Ltd. | Securitized Asset Fund | $480M | 1 | Mar 30, 2022 |
| Wind River 2019-1 Clo Ltd. | Securitized Asset Fund | $476M | 1 | Mar 29, 2019 |
| Lake Shore Mm Clo IV LLC | Securitized Asset Fund | $475M | 1 | Mar 30, 2022 |
| Wind River 2018-1 Clo Ltd. | Securitized Asset Fund | $463M | 1 | Mar 28, 2018 |
| Wind River 2017-4 Clo Ltd. | Securitized Asset Fund | $451M | 1 | Mar 28, 2018 |
| Wind River 2020-1 Clo Ltd. | Securitized Asset Fund | $390M | 1 | Mar 31, 2021 |
| Wind River 2022-1 Clo Ltd | Securitized Asset Fund | $387M | 1 | Mar 30, 2022 |
| Wind River 2021-2 Clo Ltd. | Securitized Asset Fund | $386M | 1 | Mar 31, 2021 |
| Wind River 2022-2 Clo Ltd | Securitized Asset Fund | $384M | 1 | Mar 30, 2022 |
| First Eagle Bsl Clo 2019-1 Ltd. | Securitized Asset Fund | $381M | 1 | Mar 30, 2020 |
| Wind River 2014-3 Clo Ltd. | Securitized Asset Fund | $370M | 1 | Mar 29, 2016 |
| Lake Shore Mm Clo I, Ltd. | Securitized Asset Fund | $370M | 1 | Mar 28, 2018 |
| Wind River 2014-3k Clo Ltd. | Securitized Asset Fund | $366M | 1 | Mar 29, 2019 |
| Wind River 2013-2 Clo Ltd. | Securitized Asset Fund | $365M | 1 | Mar 31, 2014 |
| Lake Shore Mm Clo V, LLC | Securitized Asset Fund | $363M | 1 | Mar 30, 2022 |
| Kvk Clo 2018-1 Ltd.no longer reported | Securitized Asset Fund | $352M | 1 | Mar 29, 2019 |
| Wind River 2016-1k Clo Ltd. | Securitized Asset Fund | $332M | 1 | Mar 29, 2017 |
| Newstar Fairfield Fund Clo, Ltd | Securitized Asset Fund | $314M | 1 | Mar 31, 2016 |
| First Eagle Direct Lending Fund IV, LLC | Other Private Fund | $312M | 26 | Mar 29, 2019 |
| First Eagle Bank Loan Select Master Fund | Other Private Fund | $309M | 28 | Mar 29, 2012 |
| Ljv I Mm Clo LLC | Securitized Asset Fund | $280M | 1 | Mar 31, 2023 |
| Lake Shore Mm Clo II Ltd | Securitized Asset Fund | $280M | 1 | Mar 29, 2019 |
| Newstar Arlington Senior Loan Program LLC | Securitized Asset Fund | $253M | 1 | Mar 31, 2014 |
| Wind River 2013-1 Clo, Ltd. | Securitized Asset Fund | $242M | 1 | Mar 31, 2014 |
| First Eagle Direct Lending Levered Fund IV, LLC | Hedge Fund | $203M | 12 | Mar 29, 2019 |
| First Eagle Commercial Loan Funding 2016-1 LLC | Securitized Asset Fund | $190M | 1 | Mar 30, 2018 |
Owners and control persons
Schedule A and B, latest filing
- Melanie Dow · Chief Administrative Officercontrolsince 01/2020 · owns less than 5%
- Ray James Fellows · Co-President & Chief Investment Officercontrolsince 02/2024 · owns less than 5%
- John Christopher Flynn · Co-Presidentcontrolsince 02/2024 · owns less than 5%
- Joseph Edward Giordano · Chief Financial Officercontrolsince 09/2021 · owns less than 5%
- Asif Mehdi Mahmud · Chief Executive Officercontrolsince 01/2020 · owns less than 5%
- Michael Brian Margulies · Head Of Finance & Treasurercontrolsince 01/2020 · owns less than 5%
- Ricardo Telmo Martins · Chief Compliance Officercontrolsince 12/2022 · owns less than 5%
- Paul David O'Connor · Head Of Legal And Compliance & Chief Legal Officercontrolsince 01/2020 · owns less than 5%
- Sabrina Rusnak-Carlson · General Counsel & Secretarycontrolsince 02/2018 · owns less than 5%
- Teja Ignacio Dharma Jayanti · Sole Membercontrolsince 01/2020 · owns 75% or more of Vayu Investors LLC
- Teja Ignacio Dharma Jayanti · Membercontrolsince 01/2020 · owns 75% or more of Corsair Capital Group, Ltd.
Entity owners
- First Eagle Investment Management, LLC · Sole And Managing Memberdirect · owns 75% or more
- Bcp Cc Holdings Gp L.L.C. · General Partnerindirect · owns F of Bcp Cc Holdings L.P.
- Bcp Cc Holdings L.P. · Shareholderindirect · owns 50% to 75% of First Eagle Holdings, Inc.
- Blackstone Capital Partners Vi L.P. · Limited Partnerindirect · owns 25% to 50% of Bcp Cc Holdings L.P.
- Blackstone Capital Partners Vi L.P. · Memberindirect · owns 50% to 75% of Bcp Cc Holdings Gp L.L.C.
- Blackstone Holdings III Gp L.P. · General Partnerindirect · owns F of Blackstone Holdings III L.P.
- Blackstone Holdings III Gp Management L.L.C. · General Partnerindirect · owns F of Blackstone Holdings III Gp L.P.
- Blackstone Holdings III L.P. · Managing Memberindirect · owns 50% to 75% of Bma Vi LLC
- Blackstone Inc. · Sole Memberindirect · owns 75% or more of Blackstone Holdings III Gp Management L.L.C. · public reporting company
- Blackstone Management Associates Vi L.L.C. · General Partnerindirect · owns F of Blackstone Capital Partners Vi L.P.
- Bma Vi LLC · Sole Memberindirect · owns 75% or more of Blackstone Management Associates Vi L.L.C.
- Corsair Capital Feeder, L.P. · Limited Partnerindirect · owns 75% or more of Corsair Capital, L.P.
- Corsair Capital Group, Ltd. · General Partnerindirect · owns F of Corsair Capital Feeder, L.P.
- Corsair Capital Group, Ltd. · General Partnerindirect · owns F of Corsair Capital, L.P.
- Corsair Capital LLC · General Partnerindirect · owns F of Corsair Mentor Management L.P.
- Corsair Capital LLC · General Partnerindirect · owns F of Corsair Partners Mentor Management, L.P.
- Corsair Capital LLC · General Partnerindirect · owns F of Corsair IV Management L.P.
- Corsair Capital Partners Group, Ltd. · General Partnerindirect · owns F of Corsair Capital Partners, L.P.
- Corsair Capital Partners, L.P. · Limited Partnerindirect · owns 75% or more of Corsair Mentor Management L.P.
- Corsair Capital Partners, L.P. · Limited Partnerindirect · owns 75% or more of Corsair IV Management L.P.
Related persons
Schedule D 7.A
- Blackstone Liquid Credit Advisors I LLCinvestment adviserbanknRAUM $52B
- Blackstone Management Partners L.L.C.investment adviserbankyRAUM $146B
- Corsair Advisors LLCbroker-dealern
- Corsair Investments, L.P.investment advisern
- Corsair Partners Mentor Management, Ltd.investment adviserpooled vehicle sponsorn
- Fef Distributors, LLCbroker-dealern
- First Eagle Direct Lending Fund I Gp LLCpooled vehicle sponsorn
- First Eagle Fund Gp, LLCinvestment adviserpooled vehicle sponsorn
- First Eagle Investment Management, LLCinvestment adviseryRAUM $136B
- First Eagle Separate Account Management, LLCinvestment advisernRAUM $908M
- Le Brevent Railcar Gp LLCinvestment adviserpooled vehicle sponsorn
- Napier Park Abs Income Fund Gp Holdings LLCinvestment adviserpooled vehicle sponsorn
- Napier Park Abs Income Fund Gp LPinvestment adviserpooled vehicle sponsorn
- Napier Park Deep Value Fund II Gp LLCinvestment adviserpooled vehicle sponsorn
- Napier Park Deep Value Fund III Gp LLCinvestment adviserpooled vehicle sponsorn
- Napier Park Global Capital (US) LPinvestment adviserbanknRAUM $15B
- Napier Park Global Capital Delaware LLCpooled vehicle sponsorn
- Napier Park Global Capital Gmbhinvestment advisern
- Napier Park Global Capital Ltdinvestment adviserbanknRAUM $9.2B
- Napier Park Multi-Asset Fund I Gp LLCinvestment adviserpooled vehicle sponsorn
- Napier Park Muni Gp LLCinvestment adviserpooled vehicle sponsorn
- Napier Park Railcar Investments III Gp LLCinvestment adviserpooled vehicle sponsorn
- Napier Park Select Fund Gp Holdings LLCinvestment adviserpooled vehicle sponsorn
- Napier Park Select Fund Gp LPinvestment advisern
- Napier Park Strategic Clo Fund Gp Holdings LLCinvestment adviserpooled vehicle sponsorn
- Napier Park Strategic Clo Fund Gp LPinvestment adviserpooled vehicle sponsorn
- Napier Park Strategic Loan Fund Gp Holdings LLCinvestment adviserpooled vehicle sponsorn
- Napier Park Strategic Loan Fund Gp LLCinvestment adviserpooled vehicle sponsorn
- Old Lane India Gp LLCinvestment adviserpooled vehicle sponsorn
- Regatta Loan Management LLCinvestment adviserpooled vehicle sponsorn
Advisers that list First Eagle Alternative Credit, LLC as a related person
Offices
Schedule D 1.F, the 25 largest
- Chicago, IL39 employees
- New York, NY6 employees
- Norwalk, CT1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- employee count dropChange between filings · filing Apr 30, 2026employees (Item 5.A) moved from 118.0 to 79.0 (-33.0%) between the annual amendments of 2025-03-31 and 2026-04-30; the peer median change was +3.0% (595 comparable advisers, 1.0th percentile of changes)peers: asset managers, $5B to $20B (595) · 0.8% percentile
- RAUM down 25 %Change between filings · filing Apr 30, 2026RAUM (Item 5.F) moved from $16,820,719,677 to $12,562,376,360 (-25.0%) between the annual amendments of 2025-03-31 and 2026-04-30; the peer median change was +13.0% (631 comparable advisers, 3.0th percentile of changes)peers: asset managers, $5B to $20B (631) · 3.5% percentile
What changed
consecutive filings, newest first
- Accounts · 96 to 81Sep 17, 2025 to Mar 27, 2026
- Advisory employees · 55 to 42Sep 17, 2025 to Mar 27, 2026
- BD registered reps · 9 to 4Sep 17, 2025 to Mar 27, 2026
- Pooled vehicle clients · 86 to 70Sep 17, 2025 to Mar 27, 2026
- Assets in custody · $1.9B to $1.8BSep 17, 2025 to Mar 27, 2026
- Employees · 118 to 79Sep 17, 2025 to Mar 27, 2026
- Private funds · 67 to 70Sep 17, 2025 to Mar 27, 2026
- Discretionary RAUM · $17B to $13BSep 17, 2025 to Mar 27, 2026
- Non-discretionary RAUM · $3.4M to $3.1MSep 17, 2025 to Mar 27, 2026
- Pooled vehicle RAUM · $15B to $10BSep 17, 2025 to Mar 27, 2026
- RAUM · $17B to $13BSep 17, 2025 to Mar 27, 2026
- Financial planning clients · unset to Mar 31, 2025 to May 8, 2025
- Accounts · 99 to 96Jan 7, 2025 to Mar 31, 2025
- Advisory employees · 63 to 55Jan 7, 2025 to Mar 31, 2025
- BD registered reps · 8 to 9Jan 7, 2025 to Mar 31, 2025
- Pooled vehicle clients · 89 to 86Jan 7, 2025 to Mar 31, 2025
- Assets in custody · $1.7B to $1.9BJan 7, 2025 to Mar 31, 2025
- Employees · 123 to 118Jan 7, 2025 to Mar 31, 2025
- Private funds · 70 to 67Jan 7, 2025 to Mar 31, 2025
- Discretionary RAUM · $20B to $17BJan 7, 2025 to Mar 31, 2025
- Non-discretionary RAUM · $3.6M to $3.4MJan 7, 2025 to Mar 31, 2025
- Pooled vehicle RAUM · $18B to $15BJan 7, 2025 to Mar 31, 2025
- RAUM · $20B to $17BJan 7, 2025 to Mar 31, 2025
- Other offices · 3 to 2Jun 28, 2024 to Jan 7, 2025
- Accounts · 100 to 99May 9, 2023 to Mar 28, 2024
- Advisory employees · 60 to 63May 9, 2023 to Mar 28, 2024
- BD registered reps · 6 to 8May 9, 2023 to Mar 28, 2024
- Pooled vehicle clients · 90 to 89May 9, 2023 to Mar 28, 2024
- Assets in custody · $1.3B to $1.7BMay 9, 2023 to Mar 28, 2024
- Employees · 119 to 123May 9, 2023 to Mar 28, 2024
- Private funds · 72 to 70May 9, 2023 to Mar 28, 2024
- Discretionary RAUM · $20B to $20BMay 9, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $4.0M to $3.6MMay 9, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $18B to $18BMay 9, 2023 to Mar 28, 2024
- RAUM · $20B to $20BMay 9, 2023 to Mar 28, 2024
- Accounts · 101 to 100Jan 13, 2023 to Mar 31, 2023
- Advisory employees · 63 to 60Jan 13, 2023 to Mar 31, 2023
- Pooled vehicle clients · 88 to 90Jan 13, 2023 to Mar 31, 2023
- Assets in custody · $1.4B to $1.3BJan 13, 2023 to Mar 31, 2023
- Employees · 128 to 119Jan 13, 2023 to Mar 31, 2023
Signals
20 dated events
- First Eagle Alternative Credit, Llc reported RAUM $12.6B, down 25% from $16.8B (2025-09-17 to 2026-03-27)Mar 27, 2026 · RAUM change · derived
- Ricardo Telmo Martins (Chief Compliance Officer) appeared on Schedule A of First Eagle Alternative Credit, LlcJan 3, 2023 · Control person joined · fact
- James Andrew Morris (Chief Compliance Officer & Associate General Counsel) no longer on Schedule A of First Eagle Alternative Credit, Llc (listed 2022-05-02, absent 2022-07-15)Jul 15, 2022 · Control person left · inference
- Joseph Edward Giordano (Chief Financial Officer) appeared on Schedule A of First Eagle Alternative Credit, LlcMar 30, 2022 · Control person joined · fact
- Mervyn Evan Davies (Limited Partner) no longer on Schedule A of First Eagle Alternative Credit, Llc (listed 2022-02-11, absent 2022-03-30)Mar 30, 2022 · Control person left · inference
- William Terrence Olson (Chief Financial Officer And Chief Operating Officer) no longer on Schedule A of First Eagle Alternative Credit, Llc (listed 2021-05-14, absent 2021-07-29)Jul 29, 2021 · Control person left · inference
- First Eagle Alternative Credit, Llc reported RAUM $20.2B, up 36% from $14.8B (2021-02-04 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- Asif Mehdi Mahmud (Chief Executive Officer) appeared on Schedule A of First Eagle Alternative Credit, LlcFeb 28, 2020 · Control person joined · fact
- David Oconnor (Head Of Legal, Compliance, Senior Vice President & Chief Legal Officer) appeared on Schedule A of First Eagle Alternative Credit, LlcFeb 28, 2020 · Control person joined · fact
- Melanie Dow (Chief Administrative Officer & Senior Vice President) appeared on Schedule A of First Eagle Alternative Credit, LlcFeb 28, 2020 · Control person joined · fact
- J Andrew Morris (Chief Compliance Officer) appeared on Schedule A of First Eagle Alternative Credit, LlcFeb 28, 2020 · Control person joined · fact
- Brian Margulies (Head Of Finance, Senior Vice President & Treasurer) appeared on Schedule A of First Eagle Alternative Credit, LlcFeb 28, 2020 · Control person joined · fact
- Teja Ignacio Dharma Jayanti (Sole Member) appeared on Schedule A of First Eagle Alternative Credit, LlcFeb 28, 2020 · Control person joined · fact
- Mervyn Evan Davies (Limited Partner) appeared on Schedule A of First Eagle Alternative Credit, LlcFeb 28, 2020 · Control person joined · fact
- Martin Thomas Hagerty (Director) no longer on Schedule A of First Eagle Alternative Credit, Llc (listed 2019-04-26, absent 2020-02-28)Feb 28, 2020 · Control person left · inference
- Joseph Anthony Dinovi (Director) no longer on Schedule A of First Eagle Alternative Credit, Llc (listed 2019-04-26, absent 2020-02-28)Feb 28, 2020 · Control person left · inference
- Dale Joshua Bresler (Director) no longer on Schedule A of First Eagle Alternative Credit, Llc (listed 2019-04-26, absent 2020-02-28)Feb 28, 2020 · Control person left · inference
- Winston Brian Good (Senior Managing Director) no longer on Schedule A of First Eagle Alternative Credit, Llc (listed 2019-04-26, absent 2020-02-28)Feb 28, 2020 · Control person left · inference
- First Eagle Alternative Credit, Llc reported RAUM $12.3B, up 60% from $7.7B (2018-12-10 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- First Eagle Alternative Credit, Llc reported RAUM $7.7B, up 65% from $4.7B (2018-02-16 to 2018-03-28)Mar 28, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- First Eagle Alternative Credit, LLC · Independent Sponsorsshared crd · capital_provider
- First Eagle Alternative Credit, LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/first-eagle-investment-managementreportedpublic record, Form ADV, Sep 17, 2026
- Website
- firsteagle.com/FEACreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 617-848-2577reportedpublic record, Form ADV, Jun 30, 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
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026