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

Willow Wealth

Asset manager (funds and pooled vehicles)New York, New YorkCRD 282487SEC 801-107574websiteIAPD
Legal name Willow Asset Management LLC
Latest filing Jun 15, 2026
First filing on the tape Mar 28, 2016 · 40 filings
SEC status approved since Apr 6, 2016
RAUM
$1.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.7%
$11.6M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$545M
derived; firm RAUM over IAPD count
Employees
105
26 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
120
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$1.6B as of Jun 15, 2026
Mar 31, 2017$60.0M then
HNW client RAUM$1.4M as of Jun 15, 2026
Mar 31, 2025$1.6M then
State-registered IARs (5.B.3)3 as of Jun 15, 2026
Mar 31, 20170 then
Employees (5.A)105 as of Jun 15, 2026
Mar 31, 20179 then
Private funds120 as of Jun 15, 2026
Mar 31, 201732 then
RAUM -12% over the last fiscal year+11% a year over threeIARs 6 to 3offices 2 to 1
Practice profile
derived from the filing of Jun 15, 2026; every figure names its basis
RAUM per advisor
$545MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
76derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$129,232derivedHNW RAUM over HNW clients
Average account
$4.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
35.0derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-12%derivedbetween the last two annual amendments
Advisor growth, one year
-50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1413%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$10.2M, 216 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)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.5B90%
  • Investment companies$149M9.1%
  • Individuals$10.2M0.6%
  • High-net-worth individuals$1.4M0.1%
  • Pension and profit-sharing plans$26,9670.0%
  • Charitable organizations$2,9810.0%
Individual clients
216reported
HNW clients
11reported
Pension plan clients
2reported
Charitable clients
1reported
Accounts
411reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$10.2M for 216 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.01 fund_share=0.99 institutional_share=0.0 related_bd=true related_bank=false bd_reps=12.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Sean Paul SullivanNew York, NyJan 17, 202317 y2
Mukti Ramesh VasanjiNew York, NyJan 19, 202310 y2
Alexandra Ryann SchifferNew York, NyMay 11, 202311 y1
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 33% of current headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
200 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Ys St Notes LLCOther Private Fund$181M5,683Mar 28, 2023
Ys St Structured Notes LLCOther Private Fund$109M4,212Mar 29, 2024
Ys Gp Tpqf I LLCReal Estate Fund$42.2M822Mar 31, 2022
Ys Ffg Req II LLCReal Estate Fund$23.3M815Mar 28, 2023
Ys Bwa Lf Vii LLCPrivate Equity Fund$21.7M78Mar 29, 2024
Ys Lf Qpf I LLCPrivate Equity Fund$21.6M350Mar 31, 2022
Ys Vc Tpqf I LLCPrivate Equity Fund$20.8M530Mar 31, 2022
Ys Dislo Tpqpf I LLCPrivate Equity Fund$19.4M455Mar 31, 2022
Ys Snd Req II A LLCReal Estate Fund$19.2M723Mar 28, 2023
Ys Cre Tpqpf II LLCReal Estate Fund$18.9M12Mar 28, 2023
Pmi Litfin Psp I LLCno longer reportedPrivate Equity Fund$18.2M1Mar 27, 2020
Ys Pbc Qpf II LLCPrivate Equity Fund$15.7M389Mar 31, 2022
Ys Op Tpqf II LLCPrivate Equity Fund$15.0M402Mar 28, 2023
Ys Itc Req II LLCReal Estate Fund$14.9M355Mar 28, 2023
Ys Esq Lawff Vi LLCno longer reportedPrivate Equity Fund$14.3M95Mar 30, 2018
Ys Cre Tpqpf I LLCReal Estate Fund$14.2M351Mar 31, 2022
Ys Dislo Tpqf II LLCPrivate Equity Fund$13.5M294Mar 28, 2023
Ys Itc Req I LLCReal Estate Fund$11.7M579Mar 28, 2023
Ys Clo LLCOther Private Fund$10.8M263Mar 29, 2024
Ys Lf Clf II LLCPrivate Equity Fund$10.5M130Mar 29, 2024
Ys Cc Lf I LLCPrivate Equity Fund$9.4M213Mar 28, 2023
Ys Avn Qpf I LLCPrivate Equity Fund$9.4M206Mar 31, 2022
Ys Snd Req I LLCReal Estate Fund$9.1M380Mar 28, 2023
Ys Snd Req I A LLCReal Estate Fund$9.1M388Mar 28, 2023
Ys Crpt Tpqf I LLCPrivate Equity Fund$8.9M900Mar 28, 2023
Ys Rel Viii LLCReal Estate Fund$8.7M87Mar 31, 2022
Ys Rel Vi LLCReal Estate Fund$8.6M91Mar 30, 2021
Ys Lf Qpf II LLCPrivate Equity Fund$8.1M536Mar 31, 2022
Ys Lf Qpf III LLCPrivate Equity Fund$7.9M169Mar 31, 2022
Ys Lf Clf I LLCPrivate Equity Fund$7.3M96Mar 29, 2024
Ys Vc Gc II LLCPrivate Equity Fund$7.0M89Mar 28, 2023
Ys Pe Direct Tpqf I LLCPrivate Equity Fund$6.5M171Mar 29, 2024
Ys Vc Tpqf II LLCPrivate Equity Fund$6.4M169Mar 28, 2023
Ys Lf Pv I LLCPrivate Equity Fund$6.3M67Mar 29, 2024
Ys Lc Diverpsp Xxx LLCno longer reportedPrivate Equity Fund$6.2M73Mar 29, 2019
Ys Acre Commeprop III LLCno longer reportedPrivate Equity Fund$6.1M95Mar 29, 2019
Ys Lf Tpqf I LLCPrivate Equity Fund$5.8M29Mar 28, 2023
Ys Lc Diverpsp Xxviii LLCno longer reportedPrivate Equity Fund$5.5M93Mar 29, 2019
Yslf Lawff Viii LLCno longer reportedPrivate Equity Fund$5.4M68Mar 29, 2019
Ys Bp Cml IV LLCPrivate Equity Fund$5.3M40Mar 28, 2023
All funds of Willow Wealth
Owners and control persons
Schedule A and B, latest filing
  • Jay Michael Weisz · Chief Executive Officercontrol
    since 07/2023 · owns less than 5%
  • (Nmn) Domenic Miele · Chief Compliance Officer
    since 07/2024 · owns less than 5%
Entity owners
  • Yieldstreet Inc. · Sole Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
New York, Ny · principal301
Offices
Schedule D 1.F, the 25 largest
  • Miami, FL3 employees
  • Athens, Greece2 employees
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • many private funds relative to firm sizeStatic outlier · filing Jun 15, 2026
    private funds per $1B of RAUM of 73.3 against a peer median of 4.3 (953 comparable advisers, 100.0th percentile, 22.1 robust deviations)
    peers: asset managers, $1B to $5B (953) · 100% percentile
  • account count surgeChange between filings · filing Mar 31, 2026
    accounts (Item 5.F.2.f) moved from 209.0 to 411.0 (+97.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was -2.0% (33 comparable advisers, 94.0th percentile of changes)
    peers: asset managers, $1B to $5B (33) · 94% percentile
  • advisor count dropChange between filings · filing Mar 31, 2026
    advisory representatives (Item 5.B.3) moved from 6.0 to 3.0 (-50.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was 0.0% (35 comparable advisers, 6.0th percentile of changes)
    peers: asset managers, $1B to $5B (35) · 5.9% percentile
What changed
consecutive filings, newest first
  • Accounts · 209 to 411
    Nov 17, 2025 to Mar 31, 2026
  • BD registered reps · 7 to 12
    Nov 17, 2025 to Mar 31, 2026
  • Individual clients · 4 to 216
    Nov 17, 2025 to Mar 31, 2026
  • Pooled vehicle clients · 190 to 180
    Nov 17, 2025 to Mar 31, 2026
  • Assets in custody · $158,071 to $10.2M
    Nov 17, 2025 to Mar 31, 2026
  • Employees · 125 to 105
    Nov 17, 2025 to Mar 31, 2026
  • State-registered IARs · 6 to 3
    Nov 17, 2025 to Mar 31, 2026
  • Private funds · 127 to 120
    Nov 17, 2025 to Mar 31, 2026
  • Discretionary RAUM · $1.9B to $1.6B
    Nov 17, 2025 to Mar 31, 2026
  • HNW RAUM · $1.6M to $1.4M
    Nov 17, 2025 to Mar 31, 2026
  • Individual RAUM · $158,071 to $10.2M
    Nov 17, 2025 to Mar 31, 2026
  • Pension RAUM · $31,536 to $26,967
    Nov 17, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $1.7B to $1.5B
    Nov 17, 2025 to Mar 31, 2026
  • RAUM · $1.9B to $1.6B
    Nov 17, 2025 to Mar 31, 2026
  • Business name · YIELDSTREET to WILLOW WEALTH
    Jul 22, 2025 to Nov 17, 2025
  • Financial planning clients · 0 to 0
    Jul 22, 2025 to Nov 17, 2025
  • Legal name · YIELDSTREET MANAGEMENT, LLC to WILLOW ASSET MANAGEMENT LLC
    Jul 22, 2025 to Nov 17, 2025
  • Other offices · 2 to 1
    Jul 22, 2025 to Nov 17, 2025
  • Accounts · 204 to 209
    Nov 6, 2024 to Mar 31, 2025
  • Advisory employees · 106 to 26
    Nov 6, 2024 to Mar 31, 2025
  • BD registered reps · 0 to 7
    Nov 6, 2024 to Mar 31, 2025
  • Charity clients · unset to 1.0
    Nov 6, 2024 to Mar 31, 2025
  • HNW clients · unset to 11.0
    Nov 6, 2024 to Mar 31, 2025
  • Individual clients · unset to 4.0
    Nov 6, 2024 to Mar 31, 2025
  • Pension plan clients · unset to 2.0
    Nov 6, 2024 to Mar 31, 2025
  • Pooled vehicle clients · 157 to 190
    Nov 6, 2024 to Mar 31, 2025
  • Assets in custody · $1.5B to $158,071
    Nov 6, 2024 to Mar 31, 2025
  • Employees · 143 to 125
    Nov 6, 2024 to Mar 31, 2025
  • State-registered IARs · 10 to 6
    Nov 6, 2024 to Mar 31, 2025
  • Private funds · 96 to 127
    Nov 6, 2024 to Mar 31, 2025
  • Discretionary RAUM · $1.2B to $1.9B
    Nov 6, 2024 to Mar 31, 2025
  • HNW RAUM · unset to 1581287.0
    Nov 6, 2024 to Mar 31, 2025
  • Individual RAUM · unset to 158071.0
    Nov 6, 2024 to Mar 31, 2025
  • Pension RAUM · unset to 31536.0
    Nov 6, 2024 to Mar 31, 2025
  • Pooled vehicle RAUM · $1.1B to $1.7B
    Nov 6, 2024 to Mar 31, 2025
  • RAUM · $1.2B to $1.9B
    Nov 6, 2024 to Mar 31, 2025
  • Related adviser · true to false
    Nov 6, 2024 to Mar 31, 2025
  • Accounts · 184 to 204
    Jan 30, 2024 to Mar 29, 2024
  • Advisory employees · 38 to 106
    Jan 30, 2024 to Mar 29, 2024
  • Pooled vehicle clients · 183 to 157
    Jan 30, 2024 to Mar 29, 2024
Signals
9 dated events
  • David Beck Raphael left Willow Wealth for Klingenstein Fields Advisors (registered 2026-03-30)
    Oct 16, 2025 · Advisor changed firm · fact
  • Willow Wealth reported RAUM $1.9B, up 53% from $1.2B (2024-11-06 to 2025-03-31)
    Mar 31, 2025 · RAUM change · derived
  • Willow Wealth reported 10 state-registered advisory representatives, up from 0 (2024-01-30 to 2024-03-29)
    Mar 29, 2024 · Advisor headcount change · derived
  • (Nmn) Milind Mehere (Chief Executive Officer) no longer on Schedule A of Willow Wealth (listed 2023-05-10, absent 2023-08-02)
    Aug 2, 2023 · Control person left · inference
  • Willow Wealth reported RAUM $1.2B, up 68% from $713.0M (2022-11-18 to 2023-03-28)
    Mar 28, 2023 · RAUM change · derived
  • Willow Wealth reported RAUM $700.7M, up 31% from $536.3M (2020-03-27 to 2021-03-30)
    Mar 30, 2021 · RAUM change · derived
  • Willow Wealth reported RAUM $536.3M, up 55% from $345.1M (2019-11-27 to 2020-03-27)
    Mar 27, 2020 · RAUM change · derived
  • Willow Wealth reported RAUM $263.3M, up 338% from $60.0M (2017-09-29 to 2018-03-30)
    Mar 30, 2018 · RAUM change · derived
  • Yieldstreet filed its initial SEC registration (Form ADV)
    Mar 28, 2016 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
  • Willow Wealth · Independent Sponsors
    shared crd · capital_provider
  • Yieldstreet · Private Equity
    shared crd · organization
How to reach
public business contact points only, each with its source
Firm profile
LINKEDIN.COM/COMPANY/YIELDSTREET-INC.reportedpublic record, Form ADV, Sep 17, 2026
Firm profile
linkedin.com/company/willow-wealthreportedpublic record, Form ADV, Sep 17, 2026
Website
CADRE.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
844-943-5378reportedpublic record, Form ADV, Jun 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
Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
RAUM per advisor
$545Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026
Across the graphs

Willow Wealth 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.

Checking your plan…