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News / 2026-07-11

Daily Advisor News

July 11, 2026

Big movers, new names, and firm exits

Day brief

Daily Advisor News tracked a net flow of $879.3M on July 11, 2026, led by significant gains among expanding firms and new registrations. Total AUM gained across winning firms reached $731.2M with zero reported firm losses. The industry expanded its footprint for the day with a net addition of 8 advisors and 16 office locations.

Bridgecreek Financial Group led all gainers by adding $649.9M in regulatory AUM to reach $649.9M. Peltoma Capital Partners followed with a $42.3M gain (+25%) to $211.2M, while Arden Global Family Offices grew by $39M (+36.4%) to $146M.

Ten new firms entered the filings representing $1B in total AUM, headlined by GDEV Management, LLC ($459.7M), Gridline ($332.1M), and Minko Wealth ($119.1M). Offsetting these additions were four firm exits accounting for $875.7M in dead AUM, including Olstein Capital Management, L.P. ($564.1M) and Northstar Financial Planners, Inc. ($311.6M). Form ADV regulatory AUM figures may differ from fund sizes reported in press releases.

AUM net flow

+$731.2M Gained 3 firms
$0 Lost 0 firms
$1B New firms 4 with AUM
$875.7M Exits 2 with AUM
+$879.3M Net flow Day total

Also tracked: advisors +8 · locations +16

Big Winners

Top 3 AUM gains · $731.2M tracked across 3 firms

Big Losers

Top 0 AUM drops · $0 tracked across 0 firms

No large AUM drops cleared the bar today.

Hot & New

Top 3 by reported AUM · $1B entered · 4 of 10 new names had AUM

Exits

Top 2 by last reported AUM · $875.7M left · 2 of 4 exits had AUM