Daily Advisor News

Total net flow reached $1.3B on September 10, 2026, driven by a $450.1M increase at DORSAL CAPITAL MANAGEMENT, LP. Overall, firms posted $1.2B in total gains against $208.5M in reductions, producing a net change of $983.1M. Industry rosters also expanded, showing a net gain of 46 advisors across 20 net locations.

DORSAL CAPITAL MANAGEMENT, LP set the pace among gainers, raising regulatory AUM by 7.3% to finish at $6.6B up from $6.2B. Notable gains were also recorded by 345 INVESTMENT ADVISORY, LLC, which added $295.1M, and R.I.T. WEALTH ADVISORS, which brought in $235.4M.

On the downside, AGIS MANAGEMENT LLC accounted for the day's sole major contraction, dropping $208.5M. The 48.6% decrease brought the firm from $428.7M down to $220.2M.

Newly reporting firms contributed $496M across the industry, headlined by COMMONWEALTH ASSET MANAGEMENT LP with $295.7M, ACUTA CAPITAL PARTNERS, LLC with $172.5M, and BIG ROCK ADVISORS LLC with $27.8M. On the departure side, PINNACLE WEALTH MANAGEMENT, LLC exited with $211.1M.