News / 2026-10-23

Daily Advisor News

October 23, 2026

Big movers, new names, and firm exits

AUM net flow

+$5.6B Gained 3 firms

$6.4B Lost 3 firms

$651.8M New firms 3 with AUM

$10.5B Exits 2 with AUM

-$10.6B Net flow Day total

Also tracked: advisors +15 · locations +17

Big Winners

Top 3 AUM gains · $5.6B tracked across 3 firms

MERCURY ADVISORY, LLC +$4.6B +25.8% AUM $17.9B → $22.6B Advisors 4 → 4 Locations 1 → 1 BUCKS CAPITAL ADVISERS +$670.7M AUM $0 → $670.7M Advisors 1 → 3 (+2) Locations 1 → 1 LEGGETT CAPITAL PARTNERS +$333.4M AUM $0 → $333.4M Advisors 1 → 1 Locations 1 → 1

Big Losers

Top 3 AUM drops · $6.4B tracked across 3 firms

ORIX ADVISERS, LLC −$4.6B -47.6% AUM $9.6B → $5B Advisors 73 → 73 Locations 5 → 5 WFM ASIA (HK) LIMITED −$925.5M -35.8% AUM $2.6B → $1.7B Advisors 7 → 7 Locations 1 → 1 WFM ASIA (BVI) LIMITED −$925.5M -35.8% AUM $2.6B → $1.7B Advisors 7 → 7 Locations 1 → 1

Hot & New

Top 3 by reported AUM · $651.8M entered · 3 of 13 new names had AUM

PRESIDIO GROUP ADVISORS $438.6M AUM $438.6M Advisors 2 Locations 1

ROUND TABLE INVESTMENT STRATEGIES, LLC $106.7M AUM $106.7M Advisors 3 Locations 2 CARAPACE FINANCIAL ADVISORS LLC $106.5M AUM $106.5M Advisors 5 Locations 2

Exits

Top 2 by last reported AUM · $10.5B left · 2 of 3 exits had AUM

H.M. PAYSON $9.1B Exit AUM $9.1B Advisors 29 Locations 3 SILICON VALLEY RETIREMENT SERVICES, LLC $1.4B Exit AUM $1.4B Advisors 2 Locations 2