Daily Advisor News

Net flow reached $583M on October 2, 2026, highlighted by a major increase at INTELLECTUS PARTNERS, LLC. Overall net AUM grew by $1.5B across the board, with seven advancing firms taking in a collective $1.8B. Total advisor headcount expanded by a net 141 across tracked firms.

INTELLECTUS PARTNERS, LLC posted the largest gain of the day, adding $1.4B to expand its regulatory AUM by 89.8% from $1.6B to $3B. ADVISORENGINE PORTFOLIO SOLUTIONS INC. also notched a substantial rise, climbing 87.8% with a $154.9M addition to reach $331.3M, while AMBER ROAD INVESTORS LP reported a $107M increase to $107M.

Contractions were limited to a single filer, with AIKYA INVESTMENT MANAGEMENT LIMITED dropping $315.8M. The 5.4% pullback lowered the firm's total regulatory AUM from $5.8B to $5.5B.

In roster shifts, 14 newly registered firms brought in $1.1B, led by COEFFICIENT CAPITAL at $734.6M, HILCO INVESTMENT ADVISORS, LLC at $313.1M, and PLETTENBERG CAPITAL MANAGEMENT, LLC at $50.5M. On the departures side, nine exits accounted for $2B in removed assets, paced by SUNRIVER MANAGEMENT LLC with $1.2B, MILLARES ASSET MANAGEMENT, LLC with $236.2M, and DAVID P. GILLIAM & ASSOCIATES, INC. with $186.7M.