← Tributary

MERCED CAPITAL, L.P.

MINNETONKA, MN · CRD 137228 · IAPD ↗ · 952-476-7200

$251.2MRegulatory AUM
4Advisory reps
5Employees
0Clients
n/aPlanning clients
6Private funds
1States
0Disclosures
fundSegment
ApprovedSEC status

Filing changes

33
April 2026 — MERCED CAPITAL, L.P. reported RAUM down 43% ($438.3M -> $251.2M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
38
April 2026 — MERCED CAPITAL, L.P. shrank from 6 to 4 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation
33
April 2025 — MERCED CAPITAL, L.P. reported RAUM down 31% ($635.9M -> $438.3M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
38
April 2025 — MERCED CAPITAL, L.P. shrank from 9 to 6 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.