September 18, 2025
We are pleased to present the Monthly Report of Recently Registered RIAs - August 2025. We are continuously blown away by the large number of newly independent RIAs and investment firms from the SEC report with a total of 180.
As part of our monthly process, our data team reviewed and scrubbed this month’s raw file of 180 new filings, identifying 63 new wealth manager RIAs and 36 new investment firm RIAs. We then researched the appropriate contacts and related information before uploading everything to Dakota Marketplace.
August 2025 saw a notable pickup in SEC registrations: 63 new RIAs and 36 new investment firms were launched, compared to 45 and 9 in July. RIA registrations jumped 40% month-over-month, while new investment firms quadrupled, marking a strong rebound after July’s sharp decline. The resurgence suggests renewed momentum across both categories, especially on the investment side, though activity remains well below the peaks seen in May. The continued flow of entrants highlights the ongoing dynamism of the space and the need to track shifts closely as market conditions evolve.
The AUM of investment firms again exceeds that of wealth management RIAs, though at a lower scale than in July. Investment firms reported an average AUM of about $190.6 million and a median of $169.9 million, underscoring their relatively larger pools of capital. By comparison, wealth management RIAs recorded an average AUM of $85.6 million and a median of $109 million, highlighting their generally smaller but still meaningful asset bases. The figures reinforce the continued gap between the two groups, with investment firms operating on broader platforms while RIAs remain more modest in scale and client focus.
In this article we’re giving you ten noteworthy and newly independent RIAs that we’ve added to our marketplace.
To view all newly independent wealth management RIAs and key contact information, book a demo of dakota marketplace here.
GoldenX Company (operating as Canopy Capital Group) is a fixed income-focused investment firm headquartered in Winchester, Massachusetts, managing about $482.94 million in discretionary assets via its internet-based sub-advisory platform.
Redefine Ventures, LLC is an investment firm based in the Boulder, Colorado metro area managing approximately $469.43 million in regulatory assets under management, primarily through pooled vehicles focused on sector-defining companies. Founded in 2010 by Kristofor Lofgren, it invests across hardware and software verticals using creative capital structures to back founders tackling large markets with high potential impact.
Kbit Management Ltd. is an RIA based in New York City that manages approximately $306 million in assets under management. The firm focuses on quantitative and systematic trading strategies in the cryptocurrency sector, including market making, arbitrage, and liquidity provision.
Protium Capital Limited is a Hong Kong-based RIA managing approximately $210 million in assets under management. The firm provides discretionary and non-discretionary investment management services to institutions, family offices, pensions, and high-net-worth individuals, employing a long-term, bottom-up equity research strategy.
Room40 Capital LLC is a New York City–based investment firm with a hedge fund focus, managing approximately $209 million in assets under management. The firm specializes in discretionary management of private funds concentrated on digital assets, employing strategies in blockchain, cryptocurrencies, and related securities while providing end-to-end services from sourcing to risk management.
Northsands Capital, L.P. is a Florida-based private investment firm founded in 2023 that manages approximately $203.75 million in discretionary assets under management. The firm focuses on privately negotiated investments in private equity, venture capital, real estate, and other illiquid assets, providing end-to-end services from sourcing and evaluation to management and monitoring.
Triavera Capital LLC is a U.S.-based SEC-registered investment adviser founded and wholly owned by Managing Member Michael Kahn, overseeing approximately $198.65 million in assets under management. The firm provides discretionary investment management to private funds and may also advise separately managed accounts, fund-of-one vehicles, and other private investment structures.
Secure Wealth is a Florida-based RIA managing approximately $113 million in assets under management. The firm provides fiduciary financial planning and investment advisory services with a focus on retirement income strategies, tax-efficient wealth accumulation, estate preservation, and legacy planning for individuals, families, and business owners.
Stonebriar Wealth, LLC is a Utah–based RIA in the Salt Lake City metro area, managing approximately $100 million in assets under management. The firm emphasizes a fiduciary, client-centric approach through its “Cash Flow Clock” framework, delivering personalized strategies for wealth management, income planning, tax optimization, retirement readiness, and estate design.
Bridge Financial Planning, LLC is a fee-only RIA based in the Chattanooga, Tennessee metro area, managing about $93.26 million in discretionary assets, serving professionals with personalized financial planning and investment management.
To view all wealth management RIAs in Dakota Marketplace and access key contact information, book a demo here!
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