What changed in 2026-02
Comparing the SEC's 2026-01-01 and 2026-02-01 Form ADV snapshots.
Newly registered
157
Deregistered
74
Newly disclosed
22
Major asset moves
40
Firms newly reporting a disclosure
These firms answered Yes this month to an Item 11 question they answered No to the month before. That can reflect a new event, or an amended filing of an older one.
4wealth Advisors, Inc. · Burr Ridge, IL
- A self-regulatory organization found a false statement or omission
- A self-regulatory organization found a violation of its rules
- A self-regulatory organization expelled, suspended, barred, or restricted the firm
Abraham & Co., Inc.
- Any disclosure event involving the firm or its supervised persons
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator entered an order in connection with investment-related activity (past 10 years)
- A self-regulatory organization found a violation of its rules
Alpha Planning and Financial Services, Inc. · Solon, OH
- A court dismissed an investment-related civil action under a settlement agreement
Alphastar Capital Management · Cornelius, NC
- Currently subject to a civil proceeding that could result in a disclosure under 11.H.(1)
Baseline Wealth Management Ltd. · Geneva
- SEC or CFTC found a violation of its regulations or statutes
- SEC or CFTC imposed a civil money penalty or a cease-and-desist order
- Another regulator entered an order in connection with investment-related activity (past 10 years)
Blue Jay Financial Group, LLC · Defiance, OH
- Another regulator entered an order in connection with investment-related activity (past 10 years)
Cambridge Investment Research Advisors, Inc. · Fairfield, IA
- Convicted of or pled guilty/no contest to an investment-related misdemeanor (past 10 years)
Candriam S.C.A. · Strassen
- Charged with a felony (past 10 years)
Expand Financial Group, LLC
- Any disclosure event involving the firm or its supervised persons
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator entered an order in connection with investment-related activity (past 10 years)
Industry Ventures, L.L.C. · San Francisco, CA
- Any disclosure event involving the firm or its supervised persons
- Charged with a felony (past 10 years)
- SEC or CFTC found a violation of its regulations or statutes
- SEC or CFTC entered an order in connection with investment-related activity
- SEC or CFTC imposed a civil money penalty or a cease-and-desist order
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator entered an order in connection with investment-related activity (past 10 years)
- Another regulator denied, suspended, or revoked a registration or restricted activity
Ivesta Corp · New York, NY
- Any disclosure event involving the firm or its supervised persons
- Another regulator found a violation of investment-related regulations or statutes
Liberty Atlantic Advisors · Florence
- Any disclosure event involving the firm or its supervised persons
- Convicted of or pled guilty/no contest to a felony (past 10 years)
Miri Capital Management LLC · Boston, MA
- Another regulator found a violation of investment-related regulations or statutes
Oppenheimer & Co. Inc. · New York, NY
- A court enjoined the firm in connection with investment-related activity (past 10 years)
- A court found involvement in a violation of investment-related statutes or regulations
Pan Capital Management LP · Houston, TX
- Any disclosure event involving the firm or its supervised persons
- A self-regulatory organization found a violation of its rules
Parthenon LLC · Louisville, KY
- Any disclosure event involving the firm or its supervised persons
- Another regulator found a violation of investment-related regulations or statutes
Pinebridge Investments LLC · New York, NY
- Another regulator found a false statement, omission, or dishonest, unfair, or unethical conduct
- Another regulator found a violation of investment-related regulations or statutes
Siler Wealth Management · Longwood, FL
- Any disclosure event involving the firm or its supervised persons
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator entered an order in connection with investment-related activity (past 10 years)
- Another regulator denied, suspended, or revoked a registration or restricted activity
- A self-regulatory organization found a violation of its rules
- A self-regulatory organization expelled, suspended, barred, or restricted the firm
Spc · Ann Arbor, MI
- Another regulator found a false statement, omission, or dishonest, unfair, or unethical conduct
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator entered an order in connection with investment-related activity (past 10 years)
The Patriot Financial Group, LLC · Walpole, MA
- Currently subject to a regulatory proceeding that could result in a disclosure under 11.C., 11.D., or 11.E.
U.S. Private Wealth, LLC · Palm Beach Gardens, FL
- Any disclosure event involving the firm or its supervised persons
- Another regulator found a violation of investment-related regulations or statutes
- Another regulator entered an order in connection with investment-related activity (past 10 years)
Venrex Investment Management LLP · London
- Another regulator found a violation of investment-related regulations or statutes
Largest reported changes in regulatory assets
These are changes in what firms reported. A large move can reflect client flows, market moves, a restatement, or a reclassification between discretionary and non-discretionary assets. Do not read them as investor behaviour.
| Firm | State | Previous | Current | Change |
|---|---|---|---|---|
| Invesco Capital Management LLC | IL | $740.53 billion | $934.63 billion | +26% |
| Heron View Partners LLC | NY | $73.24 billion | $3.13 billion | -96% |
| Pinebridge Investments LLC | NY | $1.17 billion | $71.09 billion | +5956% |
| Innocap Global Investment Management (Ireland) Ltd | $82.99 billion | $141.06 billion | +70% | |
| Brown Brothers Harriman Credit Partners, LLC | NY | $0 | $55.22 billion | |
| Rbc Global Asset Management (Uk) Limited | $137.80 billion | $178.01 billion | +29% | |
| Rbc Global Asset Management (U.s.) Inc. | MN | $76.50 billion | $104.49 billion | +37% |
| O'connor Alternative Investments, LLC | NY | $0 | $10.27 billion | |
| Venerable Investment Advisers, LLC | PA | $9.80 billion | $16.27 billion | +66% |
| Champlain Investment Partners, LLC | VT | $16.25 billion | $10.18 billion | -37% |
| Polaris Capital Management, LLC | MA | $8.90 billion | $5.45 billion | -39% |
| Southstate Private Capital Management LLC | SC | $1.54 billion | $4.96 billion | +222% |
| Emerald Investment Advisers, LLC | PA | $0 | $2.26 billion | |
| Graniteshares Advisors LLC | NY | $7.02 billion | $9.19 billion | +31% |
| Nuance Investments, LLC | MO | $2.85 billion | $984.3 million | -65% |
| Td Private Client Wealth LLC | NY | $6.45 billion | $8.26 billion | +28% |
| Promus Asset Management, LLC | IL | $2.88 billion | $1.34 billion | -53% |
| Innocap Investment Advisers, LLC. | NY | $1.18 billion | $2.71 billion | +129% |
| Albion River | MD | $726.3 million | $2.06 billion | +184% |
| Facet | FL | $4.75 billion | $6.04 billion | +27% |
| Swiss Re Insurance-linked Investment Advisors Corporation | NY | $3.62 billion | $4.87 billion | +34% |
| Indivisible Partners | FL | $421.3 million | $1.55 billion | +267% |
| Turtle Creek Wealth Advisors, LLC | TX | $1.71 billion | $2.76 billion | +61% |
| Root Financial Partners | TX | $1.11 billion | $2.15 billion | +94% |
| Provenance Wealth Advisors | FL | $3.52 billion | $4.44 billion | +26% |
| Forest Capital Management, LLC | FL | $2.92 billion | $3.75 billion | +28% |
| Tuttle Capital Management, LLC | $3.11 billion | $3.91 billion | +26% | |
| Kr Capital LP | NY | $0 | $792.4 million | |
| Ascentis Independent Advisors, LLC | TX | $880.4 million | $1.65 billion | +88% |
| Ryan Alm Advisers, LLC | $2.07 billion | $2.75 billion | +33% | |
| Aerodigm Wealth LLC | OR | $819.9 million | $1.46 billion | +78% |
| Clear Wave Wealth Management, LLC | NJ | $0 | $617.0 million | |
| Wealthplan Investment Management LLC | NE | $1.57 billion | $2.19 billion | +39% |
| Xypn Invest | MT | $321.0 million | $881.5 million | +175% |
| Nexus One Financial Advisors LLC | TX | $0 | $552.0 million | |
| Evolve Private Wealth, LLC | CA | $1.65 billion | $2.15 billion | +30% |
| Maridea Wealth Management | NY | $469.2 million | $958.7 million | +104% |
| Brightside Capital Partners LLC | FL | $0 | $471.5 million | |
| Pursuit Wealth Strategies, LLC | NC | $0 | $457.5 million | |
| Bg Investment Services, LLC | $439.9 million | $868.5 million | +97% |
Newly registered advisers
No longer registered
Present in the previous snapshot and absent from this one. Firms deregister for many ordinary reasons, including mergers and moving to state registration.
- 1128 Capital, LLC · Plano, TX
- 14b Capital Management LP
- 50t Funds · New York, NY
- Advantage Alpha Capital Partners LP · San Francisco, CA
- Alesco Advisors LLC · Pittsford, NY
- Allegiant Real Estate Capital, LP · New York, NY
- Altruvista LLC · Houston, TX
- Apc Financial Planning · Knoxville, TN
- Apex Financial Advisors, Inc · Yardley, PA
- Argyle Street Management Limited · Hong Kong
- Ascent Capital · Bend, OR
- B.side Investments LLC
- Baird Capital Partners Management Company V, LLC · Milwaukee, WI
- Baker & Yoest Investment Advisers, Inc. · Deerfield, IL
- Bares Capital Management, Inc. · Austin, TX
- Bassett Hargrove Investment Counsel, LLC · Chadds Ford, PA
- Bnp Paribas Asset Management Uk Limited · London
- Brass Tax Wealth Management · Cincinnati, OH
- Capital Insight Partners, LLC · Scottsdale, AZ
- Cephei Capital · Hong Kong
- Certus Wealth Management LLC
- Digital Asset Management · Phoenix, AZ
- Endurant Capital Management LP · San Mateo, CA
- Fairbank Investment Management Limited · Thornhill, Ontario
- First Horizon Advisors, Inc · Memphis, TN
- First National Advisors LLC · Rockland, MA
- Five Seasons Financial Planning LLC · Salt Lake City, UT
- Fort, L.P. · Chevy Chase, MD
- Fountainhead Advisors · Warren, NJ
- Franklin Managed Options Strategies, LLC · Stamford, CT
- Frontier Partners, Inc. · Westmont, IL
- Fsa Wealth Management, LLC · Needham, MA
- Great Northern Asset Management, LLC · Vancouver, WA
- Grunden Financial Advisory, Inc. · Denton, TX
- Hearthstone Inc., a California Corporation · Calabasas, CA
- Holdun Family Office LLC · Miami, FL
- Hollis Park Partners LP
- Honeycomb Asset Management LP · New York, NY
- Hutchinson Financial Advisors, Inc · Glen Allen, VA
- Ifc Whiplight, LLC · Mount Pleasant, SC
- Independent Financial Advisors
- Integrity Ria, LLC · Lafayette, LA
- Janney Capital Management LLC · Pittsburgh, PA
- Jfg Wealth Management, LLC · Denver, CO
- John T. Mccarthy, LLC
- Kdm Capital LLC
- Lindenwold Advisors Inc. · Reading, PA
- Lnw · Seattle, WA
- Mariner Wealth Advisors · Overland Park, KS
- Moloney Securities Asset Management LLC · Manchester, MO
- Morningstar Research Services LLC · Chicago, IL
- Morse Capital Partners, LLC · Richmond, VA
- Nextmove Capital Inc.
- Nomura Asset Management Singapore Limited · Singapore
- Northeast Financial · Westport, CT
- Odyssey Personal Financial Advisors, LLC · Roswell, GA
- Org Partners · Dallas, TX
- Platinum Asset Management · Sydney
- Precept Advisory Group LLC · Irvine, CA
- Promus Capital, LLC · Chicago, IL
- Re-occur · Westlake, TX
- Semanteon Capital Management, LP · Newton, MA
- Setanta Asset Management Ltd · Dublin
- Setia Partners Limited · Hong Kong
- Strava Wealth · Pittsburgh, PA
- Tc43 LLC · New York, NY
- Tensai Holding Company, LLC · London
- The Rikoon Group, LLC
- Vicente Capital Partners, LLC · Los Angeles, CA
- Voyager Capital Management, LLC · Lake Geneva, WI
- Warrington Asset Management LLC · Dallas, TX
- Wealth Management Consultants Colorado, LLC · The Woodlands, TX
- Wellington Wealth Strategies, LLC · Indianapolis, IN
- Wizest Inc.