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

Morningside Asset Management

Institutional managerWilmington, DelawareCRD 268789SEC 801-136453websiteIAPD
Legal name Morningside Asset Management LLC
Latest filing May 22, 2026
First filing on the tape Jun 8, 2015 · 3 filings
SEC status approved since Jun 8, 2026
RAUM
$136M
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
4
4 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
3 filings and snapshots on the tape
RAUM$136M as of May 22, 2026
Jun 8, 2015$0 then
HNW client RAUM: $0
State-registered IARs (5.B.3)0 as of May 22, 2026
Jun 8, 20150 then
Employees (5.A)4 as of May 22, 2026
Jun 8, 20156 then
Private funds: no history
Practice profile
derived from the filing of May 22, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
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
$16.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
100%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
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for businesses and institutionsreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$98.7M73%
  • Charitable organizations$36.9M27%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
5reported
Charitable clients
2reported
Accounts
8reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.0 institutional_share=1.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Joined, latest
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Waggoner Yolanda Foreman · Founder / Ceo / Chief Compliance Officercontrol
      since 06/2015 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • business activity changedChange between filings · filing May 22, 2026
      selection of other advisers (Item 5.G.7): yes on the filing of 2015-09-28, no on the filing of 2026-05-22
      peers: institutional managers, $100M to $500M (108)
    What changed
    consecutive filings, newest first
    • Accounts · 1 to 8
      Sep 28, 2015 to May 22, 2026
    • Advisory employees · 5 to 4
      Sep 28, 2015 to May 22, 2026
    • Advisory activities · 2 to 1
      Sep 28, 2015 to May 22, 2026
    • Charity clients · unset to 2.0
      Sep 28, 2015 to May 22, 2026
    • Corporate clients · unset to 0.0
      Sep 28, 2015 to May 22, 2026
    • HNW clients · unset to 0.0
      Sep 28, 2015 to May 22, 2026
    • Individual clients · unset to 0.0
      Sep 28, 2015 to May 22, 2026
    • Pension plan clients · unset to 5.0
      Sep 28, 2015 to May 22, 2026
    • Pooled vehicle clients · unset to 0.0
      Sep 28, 2015 to May 22, 2026
    • Employees · 6 to 4
      Sep 28, 2015 to May 22, 2026
    • Financial planning clients · unset to 0
      Sep 28, 2015 to May 22, 2026
    • HQ city · ATLANTA to WILMINGTON
      Sep 28, 2015 to May 22, 2026
    • HQ state · GA to DE
      Sep 28, 2015 to May 22, 2026
    • Other offices · unset to 2.0
      Sep 28, 2015 to May 22, 2026
    • Discretionary RAUM · $10.2M to $136M
      Sep 28, 2015 to May 22, 2026
    • HNW RAUM · unset to 0.0
      Sep 28, 2015 to May 22, 2026
    • Individual RAUM · unset to 0.0
      Sep 28, 2015 to May 22, 2026
    • Pension RAUM · unset to 98687887.0
      Sep 28, 2015 to May 22, 2026
    • Pooled vehicle RAUM · unset to 0.0
      Sep 28, 2015 to May 22, 2026
    • RAUM · $10.2M to $136M
      Sep 28, 2015 to May 22, 2026
    • Accounts · 0 to 1
      Jun 8, 2015 to Sep 28, 2015
    • Discretionary RAUM · $0 to $10.2M
      Jun 8, 2015 to Sep 28, 2015
    • RAUM · $0 to $10.2M
      Jun 8, 2015 to Sep 28, 2015
    Signals
    2 dated events
    • Cheryl Duda left Morningside Asset Management for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2023-08-03)
      Dec 31, 2022 · Advisor changed firm · fact
    • Morningside Asset Management filed its initial SEC registration (Form ADV)
      Jun 8, 2015 · First SEC registration · 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/morningsideamreportedpublic record, Form ADV, Sep 17, 2026
    Website
    MORNINGSIDEAM.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    302-207-5292reportedpublic record, Form ADV, May 22, 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
    Institutional managerderiveda 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