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WHITE DEER

HOUSTON, TX · CRD 161361 · IAPD ↗ · whitedeerenergy.com · 713-581-6900

$960.8MRegulatory AUM
7Advisory reps
9Employees
0Clients
n/aPlanning clients
12Private funds
1States
0Disclosures
fundSegment
ApprovedSEC status

Filing changes

33
April 2026 — WHITE DEER reported RAUM down 34% ($1.45B -> $960.8M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
40
August 2024 — WHITE DEER shrank from 10 to 8 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation
35
April 2024 — WHITE DEER reported RAUM down 30% ($1.90B -> $1.34B).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions

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