Best Investors
Sign in
Best Investors
Sign in
Day brief
Daily net flow closed at -$3B as sizable firm departures outweighed incoming advisory registrations. GRIZZLE INVESTMENT MANAGEMENT LLC paced the market with a $29.3M increase in regulatory AUM. Overall, 17 new firms added $6.5B, while nine exits accounted for $9.6B in removed assets.
Among existing advisers, GRIZZLE INVESTMENT MANAGEMENT LLC was the lone reported gainer, boosting regulatory AUM by $29.3M (+596.2%) from $4.9M to $34.2M. There were no reported asset declines among continuing firms for the date.
New firm filings contributed $6.5B across 17 additions, led by COVALIS CAPITAL LLP with $4.8B, ARC CAPITAL PARTNERS with $862.5M, and MAYBOURNE PARTNERS MANAGEMENT LP with $500M. Departures totaled nine firms and $9.6B, driven primarily by INGALLS INVESTMENT MANAGEMENT, LLC at $7.8B, followed by INCLUSIVE CAPITAL PARTNERS, L.P. at $591.1M and WAGNER LOFTIN INVESTMENT SERVICES LLC at $396.4M.
Also tracked: advisors -30 · locations +4
Top 1 AUM gains · $29.3M tracked across 1 firms
Top 0 AUM drops · $0 tracked across 0 firms
No large AUM drops cleared the bar today.
Top 3 by reported AUM · $6.5B entered · 6 of 17 new names had AUM
Top 3 by last reported AUM · $9.6B left · 7 of 9 exits had AUM