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

Bow River Advisers, LLC

Asset manager (funds and pooled vehicles)Denver, ColoradoCRD 325285SEC 801-127488websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Feb 16, 2023 · 6 filings
SEC status approved since Mar 17, 2023
RAUM
$1.2B
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
27
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$1.2B as of Mar 30, 2026
Mar 29, 2024$461M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 29, 20240 then
Employees (5.A)27 as of Mar 30, 2026
Mar 29, 202419 then
Private funds: no history
RAUM +65% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
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
$1.2BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+65%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 assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$1.2B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=8.0derived
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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Reid Jamison Davis · Chief Financial Officercontrol
        since 02/2023 · owns less than 5%
      • David Jeremy Held · Managing Directorcontrol
        since 02/2023 · owns 10% to 25%
      • Clayton Jane Ingalls · Chief Operating Officercontrol
        since 02/2023 · owns less than 5%
      • Daniel James Kerr · Chief Compliance Officercontrol
        since 02/2023 · owns less than 5%
      • Ellard Blair Richardson · Chief Executive Officercontrol
        since 02/2023 · owns less than 5%
      • James Michael Trihy · Directorcontrol
        since 02/2023 · owns less than 5%
      • Ellard Blair Richardson · Officer, Director, Shareholdercontrol
        since 02/2023 · owns 25% to 50% of Bow River Asset Management Corporation II
      Entity owners
      • Bow River Asset Management, LLC · Member
        direct · owns 50% to 75%
      • Bow River Asset Management Corporation II · Member
        indirect · owns 75% or more of Bow River Asset Management, LLC
      • Dzmk Advisors, Inc. · Trustee
        indirect · owns F of Richardson 2012 Trust
      • New York Life Insurance Company · Indirect Interest Holder
        indirect · owns 75% or more of New York Life Investment Management Holdings LLC
      • Richardson 2012 Trust · Shareholder
        indirect · owns 25% to 50% of Bow River Asset Management Corporation II
      • New York Life Investment Management Holdings LLC · Managing Member
        direct · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • Apogem Capital LLC
        investment advisernRAUM $44B
      • Ausbil Investment Management Limited
        investment adviserpooled vehicle sponsornRAUM $14B
      • Bow River Capital
        investment adviseryRAUM $4.2B
      • Bow River Capital 2019 Software Gp, LLC
        pooled vehicle sponsorn
      • Bow River Capital Partners IV, LLC
        pooled vehicle sponsorn
      • Bow River Capital Partners Non-US IV, Ltd
        pooled vehicle sponsorn
      • Bow River Capital Re I, LLC
        pooled vehicle sponsorn
      • Bow River Capital Re II, LLC
        pooled vehicle sponsorn
      • Bow River Capital Re III, LLC
        pooled vehicle sponsorn
      • Bow River Capital Software Growth Equity Fund II Gp LLC
        pooled vehicle sponsorn
      • Bow River Credit Opportunities Fund Gp, LLC
        pooled vehicle sponsorn
      • Bow River Private Equity III Gp, LLC
        pooled vehicle sponsorn
      • Brc Oz 1 LLC
        pooled vehicle sponsorn
      • Brc Oz 2 LLC
        pooled vehicle sponsorn
      • Brc Oz 3 LLC
        pooled vehicle sponsorn
      • Brc Oz 4 LLC
        pooled vehicle sponsorn
      • Brc Oz 5 LLC
        pooled vehicle sponsorn
      • Candriam S.C.A.
        investment adviserbankpooled vehicle sponsornRAUM $155B
      • Eagle Strategies LLC
        investment advisernRAUM $32B
      • Flatiron Rr LLC, Manager Series
        investment advisernRAUM $1.2B
      • Indexiq Advisors LLC
        investment adviserbanknRAUM $10B
      • Kartesia Management Sarl
        investment advisern
      • Life Insurance Company Of North America
        real estaten
      • Mackay Shields Europe Investment Management Limited
        investment advisern
      • Mackay Shields LLC
        investment adviserbankpooled vehicle sponsornRAUM $160B
      • Mackay Shields Uk Llp
        investment advisern
      • New York Life Enterprises LLC
        real estaten
      • New York Life Group Insurance Company Of Ny
        real estaten
      • New York Life Insurance And Annuity Corporation
        bankreal estaten
      • New York Life Insurance Company
        bankreal estatey
      Advisers that list Bow River Advisers, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 6 to 5
        Mar 28, 2025 to Mar 30, 2026
      • BD registered reps · 6 to 8
        Mar 28, 2025 to Mar 30, 2026
      • Employees · 23 to 27
        Mar 28, 2025 to Mar 30, 2026
      • Discretionary RAUM · $706M to $1.2B
        Mar 28, 2025 to Mar 30, 2026
      • RAUM · $706M to $1.2B
        Mar 28, 2025 to Mar 30, 2026
      • Advisory employees · 4 to 6
        Mar 29, 2024 to Mar 28, 2025
      • BD registered reps · 5 to 6
        Mar 29, 2024 to Mar 28, 2025
      • Employees · 19 to 23
        Mar 29, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 28, 2025
      • Discretionary RAUM · $461M to $706M
        Mar 29, 2024 to Mar 28, 2025
      • RAUM · $461M to $706M
        Mar 29, 2024 to Mar 28, 2025
      • Advisory employees · 5 to 4
        Apr 3, 2023 to Mar 29, 2024
      • Assets in custody · 0.0 to unset
        Apr 3, 2023 to Mar 29, 2024
      • Custody of client assets · true to false
        Apr 3, 2023 to Mar 29, 2024
      • Employees · 17 to 19
        Apr 3, 2023 to Mar 29, 2024
      • Discretionary RAUM · $326M to $461M
        Apr 3, 2023 to Mar 29, 2024
      • RAUM · $326M to $461M
        Apr 3, 2023 to Mar 29, 2024
      • Related bank · false to true
        Apr 3, 2023 to Mar 29, 2024
      • Related broker-dealer · false to true
        Apr 3, 2023 to Mar 29, 2024
      • Accounts · 0 to 1
        Feb 24, 2023 to Apr 3, 2023
      • Advisory employees · 4 to 5
        Feb 24, 2023 to Apr 3, 2023
      • BD registered reps · 1 to 5
        Feb 24, 2023 to Apr 3, 2023
      • Assets in custody · unset to 0.0
        Feb 24, 2023 to Apr 3, 2023
      • Custody of client assets · false to true
        Feb 24, 2023 to Apr 3, 2023
      • Employees · 10 to 17
        Feb 24, 2023 to Apr 3, 2023
      • Discretionary RAUM · $0 to $326M
        Feb 24, 2023 to Apr 3, 2023
      • RAUM · $0 to $326M
        Feb 24, 2023 to Apr 3, 2023
      Signals
      5 dated events
      • Bow River Advisers, Llc reported RAUM $1.2B, up 65% from $705.7M (2025-03-28 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • Bow River Advisers, Llc reported RAUM $705.7M, up 53% from $461.1M (2024-03-29 to 2025-03-28)
        Mar 28, 2025 · RAUM change · derived
      • Bow River Advisers, Llc reported RAUM $461.1M, up 42% from $325.7M (2023-04-03 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • Guy Richard Thackray (President) no longer on Schedule A of Bow River Advisers, Llc (listed 2023-04-03, absent 2024-03-29)
        Mar 29, 2024 · Control person left · inference
      • Bow River Advisers, Llc filed its initial SEC registration (Form ADV)
        Feb 16, 2023 · 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/297442reportedpublic record, Form ADV, Sep 17, 2026
      Website
      bowriverevergreen.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      (303) 861-8466reportedpublic record, Form ADV, Mar 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