AUM CHANGES

Kayne Anderson reports $14.3B in regulatory AUM; 33 firms show changes

Kayne Anderson Capital Advisors, L.P. reported $14.3B in regulatory AUM in its latest filing, compared with $34.1B earlier. Comparable differences for 33 firms were observed Oct. 30–Nov. 1, 2026.

By Maya Chen··1 min read

Reported regulatory AUM: before and after

33firms with verified reported regulatory AUM changes

Previous reportLatest report

KAYNE ANDERSON CAPITAL ADVISORS, L.P.
$34.11B$14.29B
BAKERAVENUE
$5.09B$7.72B
SHEPHERD FINANCIAL
$6.18B$7.47B
PHOCAS FINANCIAL CORPORATION
$682.71M$27.86M

Bars are scaled within each firm. Selected largest dollar changes · all qualifying firms in the article table. Reported differences do not measure asset flows.

Bakeravenue reported $7.7B in regulatory AUM in its latest Form ADV filing, dated Oct. 30, compared with $5.1B in its earlier filing, dated Sept. 17. These are differences between reported amounts; they do not establish asset flows or when assets may have moved.

Across the complete comparison cohort, 33 firms had exact differences between reported regulatory AUM amounts observed from Oct. 30 through Nov. 1, 2026. The dates describe when comparisons were observed, not a filing window.

Kayne Anderson Capital Advisors, L.P. reported $14.3B in regulatory AUM in its latest filing, dated Oct. 29, compared with $34.1B in an earlier filing, dated Aug. 6. The comparison establishes a difference in reported amounts but does not identify its cause.

Shepherd Financial reported $7.5B in regulatory AUM in its latest filing, dated Oct. 30, compared with $6.2B in an earlier filing, dated March 31. Phocas Financial Corporation reported $27,861,708 in its latest filing, dated Oct. 29, versus $682.7M in an earlier filing, dated May 12. These Form ADV figures are reported regulatory AUM, not necessarily each firm’s total AUM.

All firms with verified reported regulatory AUM changes

Complete qualifying firm list for observations Oct 30 – Nov 1, 2026. Dollar and percentage changes compare reported Form ADV amounts; they do not measure flows. 8 comparisons without two exact reported amounts are excluded.

Showing rows 1–25 of 33. The CSV contains the complete table.

FirmCRDPrevious reported regulatory AUM (USD)Latest reported regulatory AUM (USD)Change in reported regulatory AUM (USD)Change (%)Previous filingLatest filingObserved
Abundance Advisers3108879,480,707 USD14,944,833 USD5,464,126 USD+57.63%02/11/202610/29/202610/30/2026
Admiral Guy Investment Advisory, LLC337222200,000 USD235,000 USD35,000 USD+17.50%07/07/202610/29/202610/30/2026
Advisors Asset Management, Inc.467272,209,285,931 USD1,795,723,887 USD-413,562,044 USD-18.72%08/13/202610/29/202610/30/2026
Bakeravenue1326575,086,036,641 USD7,724,862,152 USD2,638,825,511 USD+51.88%09/17/202610/30/202610/31/2026
Cardinal Wealth Management LLC3399385,000 USD400 USD-4,600 USD-92.00%07/01/202610/30/202610/31/2026
Centerview Wealth Advisors, LLC173260144,000,000 USD163,273,482 USD19,273,482 USD+13.38%03/23/202610/30/202610/31/2026
City of London Investment Management Company Limited1109868,059,266,455 USD8,059,485,241 USD218,786 USD+0.00%09/25/202610/30/202610/31/2026
East River Capital Management LLC3294852,473,397 USD4,010,498 USD1,537,101 USD+62.15%09/05/202510/29/202610/30/2026
First Dallas Securities, Inc.24549335,711,026 USD398,438,408 USD62,727,382 USD+18.68%10/31/202510/30/202610/31/2026
Frazer Bay Investments L. L. C.1795183,189,552 USD3,128,221 USD-61,331 USD-1.92%04/30/202510/30/202610/31/2026
Hodges Capital Management Inc.1100801,240,237,495 USD1,549,926,391 USD309,688,896 USD+24.97%10/23/202610/30/202610/31/2026
Hyvorian Financial339194448,301 USD464,115 USD15,814 USD+3.53%07/06/202610/30/202610/31/2026
Immaculate Wealth Management, LLC167657140,823,690 USD156,718,117 USD15,894,427 USD+11.29%10/09/202610/29/202610/30/2026
Income Focus Advisors LLC3387160 USD12,039,694 USD12,039,694 USDNot applicable (previous AUM zero)06/10/202610/30/202610/31/2026
Integritas Wealth Strategies, LLC3323593,746,674 USD7,907,747 USD4,161,073 USD+111.06%08/11/202610/30/202610/31/2026
Kayne Anderson Capital Advisors, L.P.10453634,109,306,018 USD14,287,185,225 USD-19,822,120,793 USD-58.11%08/06/202610/29/202610/30/2026
KRM Advisory Services3192064,700,000 USD4,970,000 USD270,000 USD+5.74%07/15/202610/30/202610/31/2026
Liberty Street Advisors, Inc.1429491,884,608,463 USD2,383,628,123 USD499,019,660 USD+26.48%03/27/202610/30/202610/31/2026
Lighthouse Financial, LLC31467199,322,313 USD114,337,268 USD15,014,955 USD+15.12%03/30/202610/30/202610/31/2026
Lloyds Intrepid Wealth Management30783961,322,360 USD68,601,121 USD7,278,761 USD+11.87%03/17/202610/30/202610/31/2026
Phocas Financial Corporation135470682,712,667 USD27,861,708 USD-654,850,959 USD-95.92%05/12/202610/29/202610/30/2026
Pruvise304365150,000 USD250,000 USD100,000 USD+66.67%10/08/202610/29/202610/30/2026
Sanjac Alpha LP3293025,296,141 USD9,618,933 USD4,322,792 USD+81.62%03/29/202610/30/202610/31/2026
Savevest, LLC17536515,296,547 USD17,540,912 USD2,244,365 USD+14.67%03/23/202610/29/202610/30/2026
Shepherd Financial2886236,177,640,329 USD7,471,986,154 USD1,294,345,825 USD+20.95%03/31/202610/30/202610/31/2026

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