News / 2026-10-16

Daily Advisor News

October 16, 2026

Big movers, new names, and firm exits

Day brief

Net advisor flow reached $8.5B on October 16, 2026, dominated by a multitrillion-scale move at WEALTHFRONT ADVISERS LLC. Overall gains across advancing firms totaled $8.2B, heavily outpacing the $128.2M in reported reductions.

WEALTHFRONT ADVISERS LLC posted the day's largest increase, adding $7.5B (+15.6%) to lift regulatory AUM from $47.7B to $55.2B. ENTRYPOINT CAPITAL, LLC gained $298.8M (+42.7%) to hit $999.2M, while SAVLAN WEALTH PARTNERS brought in $231.8M, climbing from zero.

The day's only reported contraction came from INNOVIUS CAPITAL MANAGEMENT, LLC, which dropped $128.2M (-35%), taking its assets from $366.1M to $237.9M.

A total of 16 newly registered firms added $501M in regulatory AUM, led by ALLSTREET WEALTH with $134.3M, GAP FINANCIAL SERVICES with $132M, and AAN WEALTH ADVISORS LLC with $130M.

AUM net flow

+$8.2B Gained 6 firms

$128.2M Lost 1 firms

$501M New firms 4 with AUM

$0 Exits 0 with AUM

+$8.5B Net flow Day total

Also tracked: advisors +29 · locations +31

Big Winners

Top 3 AUM gains · $8.2B tracked across 6 firms

WEALTHFRONT ADVISERS LLC +$7.5B +15.6% AUM $47.7B → $55.2B Advisors 24 → 25 (+1) Locations 1 → 1 ENTRYPOINT CAPITAL, LLC +$298.8M +42.7% AUM $700.3M → $999.2M Advisors 7 → 7 Locations 1 → 1 SAVLAN WEALTH PARTNERS +$231.8M AUM $0 → $231.8M Advisors 5 → 5 Locations 3 → 3

Big Losers

Top 1 AUM drops · $128.2M tracked across 1 firms

INNOVIUS CAPITAL MANAGEMENT, LLC −$128.2M -35% AUM $366.1M → $237.9M Advisors 6 → 6 Locations 1 → 1

Hot & New

Top 3 by reported AUM · $501M entered · 4 of 16 new names had AUM

ALLSTREET WEALTH $134.3M AUM $134.3M Advisors 2 Locations 2 GAP FINANCIAL SERVICES $132M AUM $132M Advisors 4 Locations 2 AAN WEALTH ADVISORS LLC $130M AUM $130M Advisors 10 Locations 7

Exits

Top 0 by last reported AUM · $0 left · 0 of 1 exits had AUM

No firms with reported AUM exited today.