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
Ancora Alternatives LLC
Latest filing Mar 31, 2026
First filing on the tape Jan 11, 2021 · 14 filings
SEC status approved since Feb 11, 2021
RAUM
$1.1B
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
54
31 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
17
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$1.1B as of Mar 31, 2026
Mar 24, 2022$1.2B then
HNW client RAUM$0 as of Mar 31, 2026
Mar 24, 2022$5.0M then
State-registered IARs (5.B.3)16 as of Mar 31, 2026
Mar 24, 202217 then
Employees (5.A)54 as of Mar 31, 2026
Mar 24, 202257 then
Private funds17 as of Mar 31, 2026
Mar 24, 20227 then
RAUM +8.0% over the last fiscal year-3.6% a year over threeIARs 16 to 16offices 2 to 1
Practice profile
derived from the filing of Mar 31, 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
- $70.7MderivedRAUM 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
- $113MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.4derivedItem 5.A over advisors
- Advisors per office
- 8.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +8.0%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-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, otherreportedItem 5.G
- Custody
- $1.1B, 10 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- 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)
- an independent public accountant performs a surprise examination (9.C.1)
- controlled by a public reporting company (10.A)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$1.1B94%
- Corporations and businesses$72.6M6.4%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 10reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $1.1B for 10 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.94 institutional_share=0.0 related_bd=true related_bank=true bd_reps=27.0derived
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
27 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Ancora Merlin Institutional, LP | Hedge Fund | $348M | 170 | Mar 22, 2012 |
| Ancora Cataylst Institutional, LP | Hedge Fund | $258M | 222 | Jan 15, 2015 |
| Ancora Cataylst Spv I LPno longer reported | Hedge Fund | $199M | 2,161 | Mar 20, 2019 |
| Ancora Cataylst Spv I Spc Ltdno longer reported | Hedge Fund | $131M | 94 | Jan 11, 2021 |
| Ancora Impact Fund LP - Series Z | Hedge Fund | $67.1M | 1 | Mar 28, 2024 |
| Ancora Impact Fund LP - Series V | Hedge Fund | $64.7M | 289 | Mar 30, 2023 |
| Ancora Impact Fund LP - Series U | Hedge Fund | $63.7M | 95 | Mar 30, 2023 |
| Ancora Impact Fund LP - Series X | Hedge Fund | $55.0M | 251 | Mar 30, 2023 |
| Ancora Impact Fund LP - Series W | Hedge Fund | $54.7M | 97 | Mar 30, 2023 |
| Ancora Catalyst Spv I, LP - Series Jno longer reported | Hedge Fund | $50.7M | 248 | Mar 31, 2021 |
| Ancora Catalyst Spv I Spc Ltd. - Segregated Portfolio Eno longer reported | Hedge Fund | $48.3M | 36 | Mar 31, 2021 |
| Ancora Bellator Fund, LP | Hedge Fund | $47.8M | 113 | Mar 28, 2024 |
| Ancora Commodity Institutional LP | Hedge Fund | $44.6M | 80 | Mar 30, 2020 |
| Ancora Impact Fund LP - Series S | Hedge Fund | $30.2M | 151 | Apr 28, 2022 |
| Ancora Merlin LP | Hedge Fund | $28.3M | 74 | Mar 20, 2019 |
| Ancora Impact Fund Spc Ltd. - Segregated Portfolio H | Hedge Fund | $26.3M | 29 | Apr 28, 2022 |
| Ancora Cataylst, LP | Hedge Fund | $22.3M | 80 | Mar 20, 2019 |
| Ancora Impact Fund LP - Series N | Hedge Fund | $20.6M | 278 | Mar 31, 2021 |
| Ancora Impact Fund LP - Series Y | Hedge Fund | $16.9M | 1 | Mar 28, 2024 |
| Ancora Commodity Fund LP | Hedge Fund | $12.4M | 26 | Mar 28, 2024 |
| Ancora Impact Fund LP - Series Q | Hedge Fund | $11.7M | 94 | Apr 28, 2022 |
| Ancora Catalyst Spv I, LP - Series Ino longer reported | Hedge Fund | $10.5M | 85 | Mar 31, 2021 |
| Ancora Impact Fund Spc Ltd. - Segregated Portfolio J | Hedge Fund | $5.5M | 10 | Mar 30, 2023 |
| Ancora Impact Fund Spc Ltd. - Segregated Portfolio I | Hedge Fund | $5.3M | 17 | Mar 30, 2023 |
| Ancora Impact Fund LP - Series M | Hedge Fund | $4.0M | 100 | Mar 31, 2021 |
| Ancora Impact Fund Spc Ltd. - Segregated Portfolio G | Hedge Fund | $2.6M | 17 | Apr 28, 2022 |
| Ancora Impact Fund Spc Ltd. - Segregated Portfolio F | Hedge Fund | $742,482 | 25 | Mar 31, 2021 |
Owners and control persons
Schedule A and B, latest filing
- David Frederick Disanto · Chief Executive Officer, Chairmancontrolsince 11/2006 · owns less than 5%
- P Jason Geers · Chief Compliance Officercontrolsince 06/2016 · owns less than 5%
- Keating Lauren Turkisher · Chief Operations Officercontrolsince 12/2020 · owns less than 5%
- Alan Bradley Zucker · Chief Administrative Officercontrolsince 01/2003 · owns less than 5%
- Ashley Benton-Cooper · Compliance Officersince 12/2023 · owns less than 5%
Entity owners
- Ancora Holdings Group, LLC · Memberdirect · owns 75% or more
- Cd&R Ferdinand Co-Investor, L.P. · Partnerindirect · owns 25% to 50% of Cd&R Ferdinand Holdings, L.P.
- Cd&R Ferdinand Holdings, L.P. · Partnerindirect · owns 50% to 75% of Ferdinand Ffp Ultimate Holdings, LP
- Clayton, Dubilier & Rice Fund Xii, L.P. · Partnerindirect · owns 50% to 75% of Cd&R Ferdinand Holdings, L.P.
- Ferdinand Ffp Acquisition, LLC · Shareholder, Class A Common Stockindirect · owns 75% or more of Focus Financial Partners Inc.
- Ferdinand Ffp Intermediate Holdings, LLC · Memberindirect · owns 75% or more of Ferdinand Ffp Acquisition, LLC
- Ferdinand Ffp Parent, Inc. · Memberindirect · owns 75% or more of Ferdinand Ffp Intermediate Holdings, LLC
- Ferdinand Ffp Ultimate Holdings, LP · Shareholderindirect · owns 75% or more of Ferdinand Ffp Parent, Inc.
- Ferdinand Ffp Ultimate Holdings, LP · Shareholder, Class B Common Stockindirect · owns 75% or more of Focus Financial Partners Inc.
- Focus Financial Partners Inc. · Memberindirect · owns 75% or more of Focus Financial Partners, LLC
- Focus Financial Partners, LLC · Memberindirect · owns 75% or more of Focus Operating, LLC
- Focus Operating, LLC · Member (Manager)indirect · owns 75% or more of Ancora Holdings Group, LLC
Related persons
Schedule D 7.A
- Ancora Advisors LLCinvestment advisernRAUM $4.6B
- Ancora Private Wealth Advisors, LLCinvestment advisernRAUM $3.9B
- Ancora Insurance Solutionsreal estaten
- Ancora Retirement Plan Advisors, LLCinvestment adviseryRAUM $1.5B
- Focus Risk Solutions, LLCreal estaten
- Inverness Life Services, LLCreal estaten
- Inverness Securities, LLCbroker-dealerreal estaten
- Source Insurancereal estatey
- Telemus Capital, LLCinvestment advisernRAUM $3.0B
Advisers that list Ancora Alternatives LLC as a related person
Offices
Schedule D 1.F, the 25 largest
- Bloomfield Hills, MI2 employees
- Naples, FL1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- unusual affiliate densityStatic outlier · filing Mar 31, 2026distinct affiliate types checked on Item 7.A of 7.0 against a peer median of 2.0 (797 comparable advisers, 100.0th percentile, 6.7 robust deviations)peers: asset managers, $1B to $5B (797) · 100% percentile
What changed
consecutive filings, newest first
- Accounts · 17 to 10Mar 21, 2025 to Mar 31, 2026
- Corporate clients · unset to 1.0Mar 21, 2025 to Mar 31, 2026
- Pooled vehicle clients · 13 to 9Mar 21, 2025 to Mar 31, 2026
- Assets in custody · $1.1B to $1.1BMar 21, 2025 to Mar 31, 2026
- Financial planning clients · to 0Mar 21, 2025 to Mar 31, 2026
- Other offices · 2 to 1Mar 21, 2025 to Mar 31, 2026
- Private funds · 23 to 17Mar 21, 2025 to Mar 31, 2026
- Discretionary RAUM · $1.0B to $1.1BMar 21, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $951M to $1.1BMar 21, 2025 to Mar 31, 2026
- RAUM · $1.0B to $1.1BMar 21, 2025 to Mar 31, 2026
- Accounts · 28 to 17Dec 6, 2024 to Mar 21, 2025
- Advisory employees · 35 to 31Dec 6, 2024 to Mar 21, 2025
- BD registered reps · 31 to 27Dec 6, 2024 to Mar 21, 2025
- Corporate clients · 3.0 to unsetDec 6, 2024 to Mar 21, 2025
- HNW clients · 1.0 to unsetDec 6, 2024 to Mar 21, 2025
- Pooled vehicle clients · 22 to 13Dec 6, 2024 to Mar 21, 2025
- Employees · 59 to 54Dec 6, 2024 to Mar 21, 2025
- Insurance-licensed employees · 18 to 16Dec 6, 2024 to Mar 21, 2025
- Financial planning clients · unset to Dec 6, 2024 to Mar 21, 2025
- State-registered IARs · 18 to 16Dec 6, 2024 to Mar 21, 2025
- Private funds · 22 to 23Dec 6, 2024 to Mar 21, 2025
- Discretionary RAUM · $1.3B to $1.0BDec 6, 2024 to Mar 21, 2025
- HNW RAUM · $411,044 to $0Dec 6, 2024 to Mar 21, 2025
- Pooled vehicle RAUM · $1.1B to $951MDec 6, 2024 to Mar 21, 2025
- RAUM · $1.3B to $1.0BDec 6, 2024 to Mar 21, 2025
- State-registered IARs · 19 to 18Dec 26, 2023 to Mar 28, 2024
- Advisory employees · 36 to 35Dec 26, 2023 to Mar 28, 2024
- BD registered reps · 33 to 31Dec 26, 2023 to Mar 28, 2024
- Corporate clients · 4 to 3Dec 26, 2023 to Mar 28, 2024
- Pooled vehicle clients · 21 to 22Dec 26, 2023 to Mar 28, 2024
- Assets in custody · $1.0B to $1.1BDec 26, 2023 to Mar 28, 2024
- Employees · 60 to 59Dec 26, 2023 to Mar 28, 2024
- Insurance-licensed employees · 19 to 18Dec 26, 2023 to Mar 28, 2024
- Private funds · 18 to 22Dec 26, 2023 to Mar 28, 2024
- Discretionary RAUM · $1.3B to $1.3BDec 26, 2023 to Mar 28, 2024
- HNW RAUM · $3.2M to $411,044Dec 26, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $1.0B to $1.1BDec 26, 2023 to Mar 28, 2024
- RAUM · $1.3B to $1.3BDec 26, 2023 to Mar 28, 2024
- Accounts · 22 to 28Apr 28, 2022 to Mar 30, 2023
- BD registered reps · 30 to 33Apr 28, 2022 to Mar 30, 2023
Signals
3 dated events
- Ancora Alternatives Llc reported 17 state-registered advisory representatives, up from 2 (2021-10-29 to 2022-03-24)Mar 24, 2022 · Advisor headcount change · derived
- Ancora Alternatives Llc reported RAUM $1.2B, up 78% from $669.9M (2021-10-29 to 2022-03-24)Mar 24, 2022 · RAUM change · derived
- Ancora Alternatives Llc filed its initial SEC registration (Form ADV)Jan 11, 2021 · 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/ancora-holdingsreportedpublic record, Form ADV, Sep 17, 2026
- Firm profile
- linkedin.com/company/2064318reportedpublic record, Form ADV, Sep 17, 2026
- Website
- focusfinancialpartners.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 216-825-4000reportedpublic 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
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026