Daily Advisor News

Net advisor flow reached $11.2B on September 30, 2026, pushing overall industry net expansion to $11.6B. Substantial asset additions were spearheaded by Morant Wright Management Limited and Beacon Coast Partners, LLC as gaining firms overwhelmed contracting peers. In total, 21 firms posted gains against just three decliners, accompanied by a net increase of 107 advisors.

Morant Wright Management Limited topped the leaderboard, surging by $3.6B or 47.9% to bring its assets from $7.4B to $11B. Beacon Coast Partners, LLC added $2.3B to reach $2.3B from zero, while M1 Advisory grew by $1.5B, climbing from $633,573 to $1.5B.

Losses were led by Versor Investments LP, which fell by $618.1M or 46.3% to finish at $718.1M down from $1.3B. Viburnum Funds Pty Ltd dropped $57M to close at $219.4M, and Global Partnerships trimmed $23.8M to bring its AUM to $197.3M.

In roster updates, Harvest Investment Consultants LLC marked the largest exit of the day, removing $549M in regulatory AUM. On the onboarding side, Legacy Partners Financial Group, LLC arrived with $107.6M in reported assets.