Daily Advisor News

The advisory industry registered $707.4B in positive net flow as massive reporting updates reshaped the regulatory asset landscape. CAPITAL RESEARCH AND MANAGEMENT COMPANY powered the day's total with a $567.2B increase, bringing regulatory AUM to $4320.8B. Total additions across the industry reached $707.2B against $1.6B in reductions, accompanied by a net gain of 59 advisors and 33 locations.

Gains were concentrated among Capital Group affiliates. CAPITAL BANK AND TRUST COMPANY posted an increase of $111.7B, an 80.2% jump that lifted assets to $251B, while CAPITAL INTERNATIONAL, INC. added $6.3B to close at $58.2B.

Asset declines were led by H.A.M.L, which shed $1.5B to end at $9.7B. BLACKRIDGE ASSET MANAGEMENT, LLC fell $153.6M, a 41.5% decrease bringing its regulatory AUM to $216.7M.

In new arrivals, COLLABORATIVE FUND MANAGEMENT LLC filed with $1.8B in regulatory AUM, followed by ASK CAPITAL INVESTMENT MANAGERS at $110.4M. Exits removed GVS FINANCIAL GROUP, INC. and its $118M in assets, alongside MARIN WEALTH ADVISORS LLC with $76.1M.