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
Avendus Wealth Management Private Limited
Latest filing Jul 1, 2026
First filing on the tape Nov 7, 2011 · 42 filings
SEC status approved since Apr 13, 2011
RAUM
$2.0B
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
38%
$766M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$2.0B
derived; firm RAUM over IAPD count
Employees
248
6 advisory (5.B.1)
Offices
9
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$2.0B as of Jul 1, 2026
Jul 13, 2012$168M then
HNW client RAUM$489M as of Jul 1, 2026
Jun 26, 2018$215M then
State-registered IARs (5.B.3)0 as of Jul 1, 2026
Jun 27, 20131 then
Employees (5.A)248 as of Jul 1, 2026
Jun 27, 201317 then
Private funds: no history
RAUM +19% over the last fiscal year-6.4% a year over threeIARs 0 to 0offices 6 to 9
Practice profile
derived from the filing of Jul 1, 2026; every figure names its basis
Archetypes, each a printed rule
- Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $2.0BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 397derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $15.8MderivedHNW RAUM over HNW clients
- Average account
- $3.7MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 248.0derivedItem 5.A over advisors
- Advisors per office
- 0.1derived10 offices incl. principal (1.F.5)
- RAUM growth, one year
- +20%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.4%derived
- Compensation
- percentage of assets, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
- 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
- is a broker-dealer (6.A.1)
- buys or sells securities as principal to or from clients (8.A.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Corporations and businesses$1.2B62%
- High-net-worth individuals$489M24%
- Individuals$277M14%
- Individual clients
- 366reported
- HNW clients
- 31reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 546reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.38 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| George Aruvendra Mitra | Delhi | Nov 7, 2011 | 16 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
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Kumar Kaushal Aggarwal · Directorcontrolsince 07/2017 · owns less than 5%
- Jagdish Gaurav Deepak · Director (Non-Executive)controlsince 09/2023 · owns less than 5%
- Palak Furia · Chief Compliance Officercontrolsince 06/2024 · owns less than 5%
- Saurabh Rungta · Chief Investment Officercontrolsince 12/2023 · owns less than 5%
- Apurva Shaijwani · Managing Director & Ceocontrolsince 06/2024 · owns less than 5%
Entity owners
- Avendus Capital Private Limited · Shareholder Officerdirect · owns 75% or more
- Redpoint Investments Pte Ltd · Shareholderindirect · owns 50% to 75% of Avendus Capital Private Limited
Related persons
Schedule D 7.A
- Avendus Capital Private Limitedpooled vehicle sponsory
- Avendus Capital Pte. Ltd.investment advisern
- Avendus Capital Public Markets Alternate Strategies Llpinvestment adviserpooled vehicle sponsorn
- Avendus Capital, Inc.broker-dealerinvestment advisern
- Avendus Finance Private Limitedn
- Avendus Investment Managers Private Limitedinvestment adviserpooled vehicle sponsorn
- Avendus Pe Investment Advisors Pvt. Ltdinvestment adviserpooled vehicle sponsorn
- Avezo Advisors Private Limitedinvestment adviserpooled vehicle sponsorn
- Spark Institutional Equities Private Limitedbroker-dealern
Advisers that list Avendus Wealth Management Private Limited as a related person
- 144533 y
Offices
Schedule D 1.F, the 25 largest
- Ahmedabad, India
- Bengaluru, India
- Hyderabad, India
- Kolkata, India
- New Delhi, India
- Pune, India
ADV anomalies
7 against comparable advisers; where to look, not conclusions
- low discretionary shareStatic outlier · filing Jul 1, 2026discretionary share of RAUM of 0% against a peer median of 99% (1360 comparable advisers, 0.0th percentile, 33.2 robust deviations)peers: independent wealth managers, $1B to $5B (1,360) · 0.0% percentile
- business activity changedChange between filings · filing Jul 1, 2026portfolio management for pooled vehicles (Item 5.G.4): no on the filing of 2026-02-09, yes on the filing of 2026-07-01peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Jul 1, 2026AGGARWAL, KAUSHAL, KUMAR (DIRECTOR) left Schedule A between the filings of 2024-06-29 and 2026-07-01peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Jul 1, 2026DEEPAK, GAURAV, JAGDISH (DIRECTOR (NON-EXECUTIVE)) left Schedule A between the filings of 2024-06-29 and 2026-07-01peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Jul 1, 2026RUNGTA, SAURABH (CHIEF INVESTMENT OFFICER) left Schedule A between the filings of 2024-06-29 and 2026-07-01peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Jul 1, 2026FURIA, PALAK (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-06-29 and 2026-07-01peers: independent wealth managers, $1B to $5B (1,360)
- office count surgeChange between filings · filing Feb 9, 2026offices other than the principal office (Item 1.F.5) moved from 6.0 to 9.0 (+50.0%) between the annual amendments of 2024-06-29 and 2026-02-09; the peer median change was 0.0% (379 comparable advisers, 93.0th percentile of changes)peers: independent wealth managers, $1B to $5B (379) · 93% percentile
What changed
consecutive filings, newest first
- Accounts · 461 to 546Feb 9, 2026 to Jul 1, 2026
- Advisory employees · 3 to 6Feb 9, 2026 to Jul 1, 2026
- Advisory activities · 3 to 4Feb 9, 2026 to Jul 1, 2026
- Corporate clients · 126 to 149Feb 9, 2026 to Jul 1, 2026
- HNW clients · 28 to 31Feb 9, 2026 to Jul 1, 2026
- Individual clients · 307 to 366Feb 9, 2026 to Jul 1, 2026
- Employees · 174 to 248Feb 9, 2026 to Jul 1, 2026
- HNW RAUM · $597M to $489MFeb 9, 2026 to Jul 1, 2026
- Individual RAUM · $257M to $277MFeb 9, 2026 to Jul 1, 2026
- Non-discretionary RAUM · $2.0B to $2.0BFeb 9, 2026 to Jul 1, 2026
- RAUM · $2.0B to $2.0BFeb 9, 2026 to Jul 1, 2026
- Accounts · 421 to 461Aug 14, 2024 to Jun 28, 2025
- Advisory employees · 4 to 3Aug 14, 2024 to Jun 28, 2025
- Corporate clients · 100 to 126Aug 14, 2024 to Jun 28, 2025
- HNW clients · 21 to 28Aug 14, 2024 to Jun 28, 2025
- Individual clients · 300 to 307Aug 14, 2024 to Jun 28, 2025
- Employees · 148 to 174Aug 14, 2024 to Jun 28, 2025
- Financial planning clients · 0 to 0Aug 14, 2024 to Jun 28, 2025
- HQ state · unset to Aug 14, 2024 to Jun 28, 2025
- Other offices · 6 to 9Aug 14, 2024 to Jun 28, 2025
- HNW RAUM · $664M to $597MAug 14, 2024 to Jun 28, 2025
- Individual RAUM · $228M to $257MAug 14, 2024 to Jun 28, 2025
- Non-discretionary RAUM · $1.7B to $2.0BAug 14, 2024 to Jun 28, 2025
- RAUM · $1.7B to $2.0BAug 14, 2024 to Jun 28, 2025
- Accounts · 458 to 421Oct 10, 2023 to Jun 29, 2024
- Advisory employees · 6 to 4Oct 10, 2023 to Jun 29, 2024
- Corporate clients · 113 to 100Oct 10, 2023 to Jun 29, 2024
- HNW clients · 19 to 21Oct 10, 2023 to Jun 29, 2024
- Individual clients · 326 to 300Oct 10, 2023 to Jun 29, 2024
- Employees · 155 to 148Oct 10, 2023 to Jun 29, 2024
- HNW RAUM · $333M to $664MOct 10, 2023 to Jun 29, 2024
- Individual RAUM · $204M to $228MOct 10, 2023 to Jun 29, 2024
- Non-discretionary RAUM · $1.7B to $1.7BOct 10, 2023 to Jun 29, 2024
- RAUM · $1.7B to $1.7BOct 10, 2023 to Jun 29, 2024
- Accounts · 553 to 458Oct 4, 2022 to Jun 28, 2023
- Advisory employees · 5 to 6Oct 4, 2022 to Jun 28, 2023
- Corporate clients · 120 to 113Oct 4, 2022 to Jun 28, 2023
- HNW clients · 15 to 19Oct 4, 2022 to Jun 28, 2023
- Individual clients · 418 to 326Oct 4, 2022 to Jun 28, 2023
- Commission compensation · true to falseOct 4, 2022 to Jun 28, 2023
Signals
25 dated events
- Apurva Shaijwani (Managing Director & Ceo) appeared on Schedule A of Avendus Wealth Management Private LimitedJun 29, 2024 · Control person joined · fact
- Arvind Bansal (Head Of Products And Advisory, And Principal Officer - Pms) no longer on Schedule A of Avendus Wealth Management Private Limited (listed 2023-10-10, absent 2024-06-29)Jun 29, 2024 · Control person left · inference
- Subhash Anupam Mohaney (Chief Compliance Officer) no longer on Schedule A of Avendus Wealth Management Private Limited (listed 2023-10-10, absent 2024-06-29)Jun 29, 2024 · Control person left · inference
- Saurabh Rungta (Chief Investment Officer) appeared on Schedule A of Avendus Wealth Management Private LimitedJun 29, 2024 · Control person joined · fact
- Palak Furia (Chief Compliance Officer) appeared on Schedule A of Avendus Wealth Management Private LimitedJun 29, 2024 · Control person joined · fact
- Akshaya Bhargava (Non-Executive Director) no longer on Schedule A of Avendus Wealth Management Private Limited (listed 2023-06-28, absent 2023-10-10)Oct 10, 2023 · Control person left · inference
- Rajendra Nitin Singh (Managing Director And Chief Executive Officer) no longer on Schedule A of Avendus Wealth Management Private Limited (listed 2023-06-28, absent 2023-10-10)Oct 10, 2023 · Control person left · inference
- Avendus Wealth Management Private Limited reported RAUM $1.7B, down 31% from $2.4B (2022-10-04 to 2023-06-28)Jun 28, 2023 · RAUM change · derived
- Falli Zarksis Gotla (Executive Director) no longer on Schedule A of Avendus Wealth Management Private Limited (listed 2022-10-04, absent 2023-06-28)Jun 28, 2023 · Control person left · inference
- Anupam Mohaney (Chief Compliance Officer) appeared on Schedule A of Avendus Wealth Management Private LimitedSep 15, 2022 · Control person joined · fact
- Sneha Das (Cheif Compliance Offier) no longer on Schedule A of Avendus Wealth Management Private Limited (listed 2022-06-28, absent 2022-09-15)Sep 15, 2022 · Control person left · inference
- Avendus Wealth Management Private Limited reported RAUM $2.4B, up 185% from $853.4M (2021-10-25 to 2022-06-28)Jun 28, 2022 · RAUM change · derived
- Mayuresh Priya Sonavane (Chief Compliance Officer) no longer on Schedule A of Avendus Wealth Management Private Limited (listed 2021-06-28, absent 2021-10-25)Oct 25, 2021 · Control person left · inference
- Sneha Das (Cheif Compliance Offier) appeared on Schedule A of Avendus Wealth Management Private LimitedOct 25, 2021 · Control person joined · fact
- Binod Pankaj Fitkariwala (Chief Operating Officer) no longer on Schedule A of Avendus Wealth Management Private Limited (listed 2020-11-10, absent 2021-06-28)Jun 28, 2021 · Control person left · inference
- Rajkumar Ranu Vohra (Director) no longer on Schedule A of Avendus Wealth Management Private Limited (listed 2020-11-10, absent 2021-06-28)Jun 28, 2021 · Control person left · inference
- Jagdish Gaurav Deepak (Director) appeared on Schedule A of Avendus Wealth Management Private LimitedJun 28, 2021 · Control person joined · fact
- Rajendra Nitin Singh (Managing Director And Chief Executive Officer) appeared on Schedule A of Avendus Wealth Management Private LimitedJun 26, 2020 · Control person joined · fact
- Avendus Wealth Management Private Limited reported RAUM $1.0B, down 29% from $1.4B (2019-11-04 to 2020-06-26)Jun 26, 2020 · RAUM change · derived
- Aruvendra George Mitra (Chief Executive Officer And Managing Director) no longer on Schedule A of Avendus Wealth Management Private Limited (listed 2019-11-04, absent 2020-06-26)Jun 26, 2020 · Control person left · inference
- Akshaya Bhargava (Non-Executive Director) appeared on Schedule A of Avendus Wealth Management Private LimitedJun 26, 2020 · Control person joined · fact
- Binod Pankaj Fitkariwala (Chief Operating Officer) appeared on Schedule A of Avendus Wealth Management Private LimitedJun 26, 2020 · Control person joined · fact
- Avendus Wealth Management Private Limited reported RAUM $1.6B, up 78% from $894.4M (2018-06-26 to 2019-06-25)Jun 25, 2019 · RAUM change · derived
- Avendus Wealth Management Private Limited reported RAUM $894.4M, up 100% from $447.4M (2017-06-28 to 2018-06-26)Jun 26, 2018 · RAUM change · derived
- Avendus Capital Private Ltd. reported succeeding to the business of Another Adviser (Form ADV Item 4)Dec 21, 2012 · Succession (Item 4) · fact
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/avendusreportedpublic record, Form ADV, Sep 17, 2026
- Website
- avendus.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- +91-22-6648-0909reportedpublic record, Form ADV, Jul 1, 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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $2.0Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026