News / 2026-08-21

Daily Advisor News

August 21, 2026

Big movers, new names, and firm exits

Day brief

Total net flow reached $3.7B on August 21, 2026, fueled by major new filings and solid expansions among existing firms. TBG-BEDFORD GROUP LLC led headline gainers with a $758.1M increase in regulatory AUM. Across the industry, advisor counts increased by a net 74 across 35 net new locations.

TBG-BEDFORD GROUP LLC topped the leaderboard among existing firms, adding $758.1M to finish at $758.1M. ROCHESTER WEALTH STRATEGIES, LLC advanced $25.9M to $203.6M (+14.6%), and SHANKLAND FINANCIAL ADVISORS, LLC increased by $13.6M to $101.8M (+15.4%). No firms reported net AUM declines for the day.

Newly reporting firms brought in $3B across 10 entrants with AUM out of 18 total additions. CORRUM CAPITAL MANAGEMENT LLC led all new registrations with $1.4B, followed by BANYAN TREE ADVISORS PVT. LTD. with $561.5M and KVP CAPITAL ADVISORS, LP with $220.9M.

AUM net flow

+$797.6M Gained 3 firms

$0 Lost 0 firms

$3B New firms 10 with AUM

$0 Exits 0 with AUM

+$3.7B Net flow Day total

Also tracked: advisors +74 · locations +35

Big Winners

Top 3 AUM gains · $797.6M tracked across 3 firms

TBG-BEDFORD GROUP LLC +$758.1M AUM $0 → $758.1M Advisors 9 → 9 Locations 3 → 3 ROCHESTER WEALTH STRATEGIES, LLC +$25.9M +14.6% AUM $177.8M → $203.6M Advisors 4 → 4 Locations 1 → 1 SHANKLAND FINANCIAL ADVISORS, LLC +$13.6M +15.4% AUM $88.2M → $101.8M Advisors 1 → 1 Locations 1 → 1

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 · $3B entered · 10 of 18 new names had AUM

CORRUM CAPITAL MANAGEMENT LLC $1.4B AUM $1.4B Advisors 10 Locations 2

BANYAN TREE ADVISORS PVT. LTD. $561.5M AUM $561.5M Advisors 21 Locations 2

KVP CAPITAL ADVISORS, LP $220.9M AUM $220.9M Advisors 2 Locations 2

Exits

Top 0 by last reported AUM · $0 left · 0 of 2 exits had AUM

No firms with reported AUM exited today.