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News / 2026-08-19

Daily Advisor News

August 19, 2026

Big movers, new names, and firm exits

Day brief

The advisory sector recorded $790.8M in net flow on August 19, 2026, driven by $1B in total AUM gains and zero reported losses across tracked firms. Gusto Investment Services headlined the day's movers with a $691M increase, bringing its regulatory AUM to $12.7B.

Drucker Wealth also posted sizable growth, adding $120M to reach $891.2M in AUM, a 15.6% jump. Meanwhile, 10 East Partners LLC climbed 22.9%, gaining $112.4M to end the session at $602.7M.

In roster updates, Altura Private Wealth LLC joined with $129.1M in AUM among five new registrations. On the exit side, Eaton Financial Group departed with $382.2M in AUM, while net industry staffing closed up by 3 advisors and 4 locations.

AUM net flow

+$1B Gained 5 firms
$0 Lost 0 firms
$129.1M New firms 1 with AUM
$382.2M Exits 1 with AUM
+$790.8M Net flow Day total

Also tracked: advisors +3 · locations +4

Big Winners

Top 3 AUM gains · $1B tracked across 5 firms

Big Losers

Top 0 AUM drops · $0 tracked across 0 firms

No large AUM drops cleared the bar today.

Hot & New

Top 1 by reported AUM · $129.1M entered · 1 of 5 new names had AUM

ALTURA PRIVATE WEALTH LLC $129.1M AUM $129.1M Advisors 4 Locations 1

Exits

Top 1 by last reported AUM · $382.2M left · 1 of 2 exits had AUM