Daily Advisor News

The advisory space posted a net flow of $1.3B on October 21, 2026, driven by strong expansions among top-tier firms. BRITE AVENUE CAPITAL LP led the day after adding $430.3M to reach $430.3M, followed by BEAU MORGAN ADVISORS climbing $269.9M to cross the billion-dollar mark at $1.1B. Total gained assets reached $866.6M against just $29.4M in reported losses.

Growth was concentrated across a handful of standout advancers. In addition to BRITE AVENUE CAPITAL LP, FERGHANA INVESTMENT PARTNERS, LP surged by $122.2M (+122.2%) to reach $222.2M, while BEAU MORGAN ADVISORS lifted regulatory AUM by 34%. On the downside, IRONOAK WEALTH posted the session's sole tracked drop, declining $29.4M (-18.1%) from $162M to $132.6M.

Newly reporting advisors brought in $654.2M in AUM across 11 firms, led by MIURA INVESTMENT ADVISORS, INC with $391.8M, BOLLIN WEALTH MANAGEMENT, LLC with $152.7M, and RETIREPATH WEALTH, LLC with $109.7M. Exits totaled $234.6M across three firms, headlined by LANIER ASSET MANAGEMENT, LLC ($141.7M) and CANNON GLOBAL INVESTMENT MANAGEMENT, LLC ($92.9M).