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.

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Channel change (one enterprise)

2 advisors moved from F•• W••••• M••••••••• L•• to F•• W••••• M••••••••• L••

Not a lift-out: the two CRDs file under the same business name, so the two CRDs are one enterprise and nobody left anyone. A channel switch, an integration after an acquisition or an affiliate transfer. Never counted as a team in or out.

othertootherOtherderived from registration dates
Members
AdvisorBranchLeftRegistered
Barry W YergerWilmington, DeMar 23, 2016Mar 29, 2016
L. Paul DorseyWilmington, DeMar 23, 2016Mar 22, 2016
The rule
Registrations ended
Mar 23, 2016
Registered next
Mar 22, 2016 to Mar 29, 2016
Branch state
DE
Cities
1, most in Wilmington, De
Registered there that day
8 (people still on IAPD; an estimate)
Share of that headcount
25%
One enterprise because
the two CRDs file under the same business name
Succession by the destination
none on the tape

A team is two or more advisors whose registrations through one firm ended within fourteen days of each other, from branches in the same state, all registering next through the same other firm. The kind is a printed rule, not a judgment: absorbed when half or more of the firm’s registered people moved or a succession names it, channel change when the two CRDs are one enterprise (same name, same 75%+ owner around the move, or one name the other with a word added), large transfer at fifty or more, lift-out otherwise.