Alerus Securities Corporation
$1.1B reported client assets across 5 advisory firms in FY2022 annual amendments
Reported client assets over time
$1.1B
$2.0B
2017
2022
Same-firm comparison: 4 firms that reported Alerus Securities Corporation in both FY2021 and FY2022 annual amendments (ADV Item 5.K.(3)). Fiscal years come directly from the SEC filing-type table; filing dates are not used as a year-end proxy. 2017, 2018 are shown but partial — only FY2017: 2 cohort firms, FY2018: 2 cohort firms.
| Advisory firm | RAUM at custodian | Firm total AUM | Share | As of |
|---|---|---|---|---|
| Intellicents Investment Solutions Inc | $819M | $5.1B | 16.2% | 03/21/2023 |
| Icapital, Llc | $133M | $958M | 13.9% | 03/28/2023 |
| Carolina Wealth Management, Inc. | $126M | $516M | 24.3% | 03/30/2023 |
| Adirondack Capital Advisors, Llc | $19.7M | $251M | 7.9% | 03/17/2023 |
| Keating Financial Advisory Services, Inc. | $11.7M | $272M | 4.3% | 02/13/2023 |
From Form ADV Schedule D 5.K.(3): custodians named at the 10%-of-SMA-assets threshold, with reported dollar amounts. "Share" is reported amount as a share of the firm's total regulatory AUM.