Daily Advisor News

Daily Advisor News recorded a net flow of -$763.6M for July 8, 2026, alongside an overall net AUM change of -$1.8B across 125 filing events. Top movers were headlined by a $2.2B drop at ALPHAQUEST LLC offset by fresh additions from emerging managers. Industry footprint grew overall, adding a net 8 advisors and 13 physical locations.

MOSAIC WEALTH MANAGEMENT LLC led all additions with a $285M gain to reach $285M in regulatory AUM, followed by PATHWAY FINANCIAL SOLUTIONS, INC. with a $135.3M addition to reach $135.3M. On the losing side, ALPHAQUEST LLC fell $2.2B (-98.6%) from $2.2B down to $31.4M.

8 new firms registered with a total of $1.3B in reported AUM, led by COMPOUND ADVISORS, LLC ($732.3M), WELLSPRING GBL, LLC ($300.5M), and THIRD EYE CAPITAL MANAGEMENT, LLC ($291.3M). On the exit side, 4 firms removed filings representing $326.8M in AUM, led by WATERSTONE WEALTH ADVISORS, LLC ($164.9M) and MERIDIAN WEALTH ADVISORS, LLC ($156.2M). Note that Form ADV regulatory AUM figures may differ from fund sizes reported in press releases.