M&A & valuation — February 2026
RIA acquirers, investment bankers, valuation firms, and lenders.
125 firms opened this window in the February 2026 SEC roster: 74 deregistered, 39 headcount down, 12 aum down.
65
FIRST HORIZON ADVISORS, INC — (MEMPHIS, TN) left the SEC roster (was $13.62B RAUM, 169 reps). IAPD ↗
65
ALESCO ADVISORS LLC — (PITTSFORD, NY) left the SEC roster (was $4.81B RAUM, 15 reps). IAPD ↗
65
NORTHEAST FINANCIAL — (WESTPORT, CT) left the SEC roster (was $4.59B RAUM, 3 reps). IAPD ↗
65
BARES CAPITAL MANAGEMENT, INC. — (AUSTIN, TX) left the SEC roster (was $1.26B RAUM, 6 reps). IAPD ↗
65
FIRST NATIONAL ADVISORS LLC — (ROCKLAND, MA) left the SEC roster (was $1.37B RAUM, 8 reps). IAPD ↗
65
PROMUS CAPITAL, LLC — (CHICAGO, IL) left the SEC roster (was $1.60B RAUM, 8 reps). IAPD ↗
65
FOUNTAINHEAD ADVISORS — (WARREN, NJ) left the SEC roster (was $1.02B RAUM, 18 reps). IAPD ↗
65
JANNEY CAPITAL MANAGEMENT LLC — (PITTSBURGH, PA) left the SEC roster (was $5.31B RAUM, 8 reps). IAPD ↗
65
MOLONEY SECURITIES ASSET MANAGEMENT LLC — (MANCHESTER, MO) left the SEC roster (was $1.39B RAUM, 61 reps). IAPD ↗
65
JFG WEALTH MANAGEMENT, LLC — (DENVER, CO) left the SEC roster (was $1.16B RAUM, 30 reps). IAPD ↗
63
APC FINANCIAL PLANNING — (KNOXVILLE, TN) left the SEC roster (was $406.6M RAUM, 6 reps). IAPD ↗
63
GRUNDEN FINANCIAL ADVISORY, INC. — (DENTON, TX) left the SEC roster (was $434.7M RAUM, 4 reps). IAPD ↗
63
STRAVA WEALTH — (PITTSBURGH, PA) left the SEC roster (was $388.1M RAUM, 5 reps). IAPD ↗
63
ASCENT CAPITAL — (BEND, OR) left the SEC roster (was $445.6M RAUM, 5 reps). IAPD ↗
63
CAPITAL INSIGHT PARTNERS, LLC — (SCOTTSDALE, AZ) left the SEC roster (was $829.6M RAUM, 7 reps). IAPD ↗
63
APEX FINANCIAL ADVISORS, INC — (YARDLEY, PA) left the SEC roster (was $505.1M RAUM, 2 reps). IAPD ↗
63
WEALTH MANAGEMENT CONSULTANTS COLORADO, LLC — (THE WOODLANDS, TX) left the SEC roster (was $302.5M RAUM, 1 reps). IAPD ↗
63
BRASS TAX WEALTH MANAGEMENT — (CINCINNATI, OH) left the SEC roster (was $860.2M RAUM, 12 reps). IAPD ↗
63
FSA WEALTH MANAGEMENT, LLC — (NEEDHAM, MA) left the SEC roster (was $459.3M RAUM, 5 reps). IAPD ↗
63
LINDENWOLD ADVISORS INC. — (READING, PA) left the SEC roster (was $278.6M RAUM, 3 reps). IAPD ↗
63
ORG PARTNERS — (DALLAS, TX) left the SEC roster (was $772.6M RAUM, 15 reps). IAPD ↗
63
ODYSSEY PERSONAL FINANCIAL ADVISORS, LLC — (ROSWELL, GA) left the SEC roster (was $295.3M RAUM, 2 reps). IAPD ↗
63
FRANKLIN MANAGED OPTIONS STRATEGIES, LLC — (STAMFORD, CT) left the SEC roster (was $972.5M RAUM, 3 reps). IAPD ↗
60
HUTCHINSON FINANCIAL ADVISORS, INC — (GLEN ALLEN, VA) left the SEC roster (was $120.9M RAUM, 1 reps). IAPD ↗
60
JOHN T. MCCARTHY, LLC — (location n/a) left the SEC roster (was $57.8M RAUM, 1 reps). IAPD ↗
60
VOYAGER CAPITAL MANAGEMENT, LLC — (LAKE GENEVA, WI) left the SEC roster (was $216.6M RAUM, 2 reps). IAPD ↗
60
INDEPENDENT FINANCIAL ADVISORS — (location n/a) left the SEC roster (was $109.7M RAUM, 1 reps). IAPD ↗
60
FIVE SEASONS FINANCIAL PLANNING LLC — (SALT LAKE CITY, UT) left the SEC roster (was $109.3M RAUM, 1 reps). IAPD ↗
60
THE RIKOON GROUP, LLC — (location n/a) left the SEC roster (was $72.2M RAUM, 2 reps). IAPD ↗
60
BASSETT HARGROVE INVESTMENT COUNSEL, LLC — (CHADDS FORD, PA) left the SEC roster (was $114.9M RAUM, 1 reps). IAPD ↗
60
GREAT NORTHERN ASSET MANAGEMENT, LLC — (VANCOUVER, WA) left the SEC roster (was $222.3M RAUM, 3 reps). IAPD ↗
60
MORSE CAPITAL PARTNERS, LLC — (RICHMOND, VA) left the SEC roster (was $246.1M RAUM, 4 reps). IAPD ↗
60
BAKER & YOEST INVESTMENT ADVISERS, INC. — (DEERFIELD, IL) left the SEC roster (was $101.7M RAUM, 2 reps). IAPD ↗
60
INTEGRITY RIA, LLC — (LAFAYETTE, LA) left the SEC roster (was $130.5M RAUM, 2 reps). IAPD ↗
60
KDM CAPITAL LLC — (location n/a) left the SEC roster (was $72.3M RAUM, 1 reps). IAPD ↗
60
HOLDUN FAMILY OFFICE LLC — (MIAMI, FL) left the SEC roster (was $114.5M RAUM, 2 reps). IAPD ↗
60
WELLINGTON WEALTH STRATEGIES, LLC — (INDIANAPOLIS, IN) left the SEC roster (was $145.6M RAUM, 8 reps). IAPD ↗
60
WIZEST INC. — (location n/a) left the SEC roster (was $52,017 RAUM, 1 reps). IAPD ↗
60
CERTUS WEALTH MANAGEMENT LLC — (location n/a) left the SEC roster (was $162.8M RAUM, 1 reps). IAPD ↗
60
MARINER WEALTH ADVISORS — (OVERLAND PARK, KS) left the SEC roster (was $2.2M RAUM, 1 reps). IAPD ↗
60
B.SIDE INVESTMENTS LLC — (location n/a) left the SEC roster — its 120-day provisional registration did not convert (was $11.8M RAUM, 1 reps). IAPD ↗
60
NEXTMOVE CAPITAL INC. — (location n/a) left the SEC roster — its 120-day provisional registration did not convert (was $0 RAUM, 1 reps). IAPD ↗
55
RBC GLOBAL ASSET MANAGEMENT (U.S.) INC. — shrank from 48 to 37 advisory reps. IAPD ↗
55
CPC ADVISORS, LLC — shrank from 22 to 17 advisory reps. IAPD ↗
55
EPOCH INVESTMENT PARTNERS, INC. — shrank from 141 to 130 advisory reps. IAPD ↗
55
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC — shrank from 124 to 113 advisory reps. IAPD ↗
55
ULRICH INVESTMENT CONSULTANTS — shrank from 13 to 10 advisory reps. IAPD ↗
55
IMPERIAL FUND ASSET MANAGEMENT LLC — shrank from 4 to 2 advisory reps. IAPD ↗
55
MATAURO, LLC — shrank from 14 to 10 advisory reps. IAPD ↗
53
GLASS JACOBSON WEALTH ADVISORS — shrank from 18 to 9 advisory reps. IAPD ↗
53
MARIN WEALTH ADVISORS LLC — shrank from 4 to 2 advisory reps. IAPD ↗
53
FREEDOM INVESTMENT MANAGEMENT, INC. — shrank from 8 to 6 advisory reps. IAPD ↗
53
NEPSIS, INC. — shrank from 25 to 18 advisory reps. IAPD ↗
53
NUANCE INVESTMENTS, LLC — shrank from 8 to 3 advisory reps. IAPD ↗
53
REGIS METRO ASSOCIATES, INC. — shrank from 4 to 2 advisory reps. IAPD ↗
53
SKYLINE ADVISORS, INC. — shrank from 7 to 5 advisory reps. IAPD ↗
53
STRATEGIC ADVOCATES, LLC — shrank from 7 to 3 advisory reps. IAPD ↗
53
ACORN CREEK CAPITAL LLC — shrank from 6 to 4 advisory reps. IAPD ↗
50
CHAMPLAIN INVESTMENT PARTNERS, LLC — reported RAUM down 37% ($16.25B -> $10.18B). IAPD ↗
50
TDC CAPITAL ADVISORS, INC. — shrank from 4 to 1 advisory reps. IAPD ↗
50
CAMBRIDGE CAPE COD ADVISORS, LLC — shrank from 2 to 0 advisory reps. IAPD ↗
50
WAYPOINT STRATEGIC ADVISORS — shrank from 7 to 4 advisory reps. IAPD ↗
50
CONCEPTUAL FINANCIAL ADVISORS, LLC — shrank from 3 to 1 advisory reps. IAPD ↗
50
ABBONDANDOLO WEALTH MANAGEMENT CORP — shrank from 3 to 1 advisory reps. IAPD ↗
50
FULCRUM WEALTH ADVISORS, LLC — shrank from 4 to 2 advisory reps. IAPD ↗
50
CANNON WEALTH MANAGEMENT SERVICES — shrank from 7 to 5 advisory reps. IAPD ↗
50
DOUBLE DUTY MONEY MANAGEMENT LLC — shrank from 5 to 3 advisory reps. IAPD ↗
50
MARTINWRIGHT ADVISORY, LLC — shrank from 4 to 1 advisory reps. IAPD ↗
48
NEPSIS, INC. — reported RAUM down 31% ($497.8M -> $344.5M). IAPD ↗
48
NUANCE INVESTMENTS, LLC — reported RAUM down 65% ($2.85B -> $984.3M). IAPD ↗
45
FINANCIAL SERVICE GROUP INC — reported RAUM down 34% ($324.7M -> $215.0M). IAPD ↗
45
LONGBOARD ASSET MANAGEMENT — reported RAUM down 27% ($141.7M -> $103.8M). IAPD ↗
45
CHANNEL INVESTMENT PARTNERS — reported RAUM down 78% ($34.4M -> $7.6M). IAPD ↗
55
PRECEPT ADVISORY GROUP LLC — (IRVINE, CA) left the SEC roster (was $5.01B RAUM, 7 reps). IAPD ↗institutional
53
ALLEGIANT REAL ESTATE CAPITAL, LP — (NEW YORK, NY) left the SEC roster (was $326.0M RAUM, 1 reps). IAPD ↗institutional
50
HEARTHSTONE INC., A CALIFORNIA CORPORATION — (CALABASAS, CA) left the SEC roster (was $2.44B RAUM, 8 reps). IAPD ↗fund
50
50
FRONTIER PARTNERS, INC. — (WESTMONT, IL) left the SEC roster (was $0 RAUM, 0 reps). IAPD ↗institutional
50
MORNINGSTAR RESEARCH SERVICES LLC — (CHICAGO, IL) left the SEC roster (was $0 RAUM, 128 reps). IAPD ↗institutional
50
WARRINGTON ASSET MANAGEMENT LLC — (DALLAS, TX) left the SEC roster (was $174.5M RAUM, 3 reps). IAPD ↗institutional
50
50
IFC WHIPLIGHT, LLC — (MOUNT PLEASANT, SC) left the SEC roster (was $0 RAUM, 1 reps). IAPD ↗institutional
48
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48
HONEYCOMB ASSET MANAGEMENT LP — (NEW YORK, NY) left the SEC roster (was $552.1M RAUM, 4 reps). IAPD ↗fund
48
ADVANTAGE ALPHA CAPITAL PARTNERS LP — (SAN FRANCISCO, CA) left the SEC roster (was $521.4M RAUM, 5 reps). IAPD ↗fund
48
14B CAPITAL MANAGEMENT LP — (location n/a) left the SEC roster (was $284.9M RAUM, 2 reps). IAPD ↗fund
45
BAIRD CAPITAL PARTNERS MANAGEMENT COMPANY V, LLC — (MILWAUKEE, WI) left the SEC roster (was $1.5M RAUM, 3 reps). IAPD ↗fund
45
VICENTE CAPITAL PARTNERS, LLC — (LOS ANGELES, CA) left the SEC roster (was $134.3M RAUM, 4 reps). IAPD ↗fund
45
ENDURANT CAPITAL MANAGEMENT LP — (SAN MATEO, CA) left the SEC roster (was $98.3M RAUM, 1 reps). IAPD ↗fund
45
SEMANTEON CAPITAL MANAGEMENT, LP — (NEWTON, MA) left the SEC roster (was $227.8M RAUM, 2 reps). IAPD ↗fund
45
DIGITAL ASSET MANAGEMENT — (PHOENIX, AZ) left the SEC roster — its 120-day provisional registration did not convert (was $0 RAUM, 1 reps). IAPD ↗fund
45
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45
40
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35
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35
NOMURA ASSET MANAGEMENT SINGAPORE LIMITED — (SINGAPORE, Singapore) left the SEC roster (was $13.02B RAUM, 23 reps). IAPD ↗foreign
35
ARGYLE STREET MANAGEMENT LIMITED — (HONG KONG, Hong Kong) left the SEC roster (was $1.67B RAUM, 14 reps). IAPD ↗foreign
35
PLATINUM ASSET MANAGEMENT — (SYDNEY, Australia) left the SEC roster (was $5.04B RAUM, 22 reps). IAPD ↗foreign
35
BNP PARIBAS ASSET MANAGEMENT UK LIMITED — (LONDON, United Kingdom) left the SEC roster (was $54.20B RAUM, 90 reps). IAPD ↗foreign
35
35
SETANTA ASSET MANAGEMENT LTD — (DUBLIN, Ireland) left the SEC roster (was $15.02B RAUM, 18 reps). IAPD ↗foreign
35
TENSAI HOLDING COMPANY, LLC — (LONDON, United Kingdom) left the SEC roster (was $9.33B RAUM, 37 reps). IAPD ↗foreign
35
30
SETIA PARTNERS LIMITED — (HONG KONG, Hong Kong) left the SEC roster (was $8.8M RAUM, 2 reps). IAPD ↗foreign
30
FAIRBANK INVESTMENT MANAGEMENT LIMITED — (THORNHILL, ONTARIO, Canada) left the SEC roster (was $189.6M RAUM, 7 reps). IAPD ↗foreign
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15
Free page: firm, event, phone, website. The paid feed adds every window as CSV, filters by state and AUM band, and alerts the day the roster drops. Data: SEC Form ADV monthly roster; confirm on IAPD before acting.