RIA aggregators, IBDs, and M&A teams need firm-level intelligence they can trust for due diligence — not marketing databases repackaged for deal sourcing. AllocatorBase gives you SEC-verified data on every registered investment advisor in the country, with scoring and pipeline infrastructure to manage your target list inside your CRM.
The RIA consolidation wave is accelerating. Aggregators like Focus Financial, Creative Planning, Hightower, and Wealth Enhancement Group are acquiring firms at record pace. IBDs are recruiting breakaway advisors from wirehouses. Private equity firms are backing wealth management roll-ups. Every one of these transactions starts with the same question: which firms are the right targets?
Most deal teams answer that question with scraped contact databases, conference badge scans, and word-of-mouth referrals. The data is inconsistent, the AUM figures are unverified, and there is no systematic way to score, pipeline, or track targets through a deal process.
Form ADV changes this. Every registered investment advisor files Form ADV with the SEC annually and updates it for material changes. This filing contains verified AUM, client counts, client type breakdowns, fee structures, custodian relationships, and regulatory history. AllocatorBase extracts, scores, and pipelines this data so your deal team can work from regulatory-grade intelligence instead of scraped estimates.
AllocatorBase gives recruiting and M&A teams three things that contact databases don't: regulatory-grade firmographics, target scoring, and deal pipeline infrastructure.
Every RIA profile is built from Form ADV filings and IAPD regulatory data. Verified AUM, AUM growth trajectory, number of clients, client type mix (HNW, institutional, retail), fee structures, custodian relationships, CRD numbers, and filing history. No scraped data. No unverified estimates. Every data point is traceable to a public regulatory filing.
Each firm receives a Probability Score (0–100) that you can configure for your acquisition criteria — AUM band, growth rate, geographic fit, client type alignment, custodian compatibility. The score ranks your targets so your deal team focuses on the highest-probability opportunities first, not the ones that happen to be at the top of a spreadsheet.
AllocatorBase installs pipeline stages into HubSpot or Salesforce that match the M&A workflow: target identification, initial outreach, introductory meeting, NDA/CIM, LOI, due diligence, close. Track every target through your deal process with the same infrastructure that capital formation teams use for fundraising pipelines.
How many targets are in each stage? What is the average time from identification to LOI? Where are deals stalling? Velocity analytics give your leadership team visibility into the M&A pipeline that a spreadsheet tracker can't provide.
Filter the entire RIA universe by AUM band, growth rate, geography, custodian, client type, and fee structure. Score targets against your acquisition criteria. Pipeline the top 50–200 into your CRM with deal-specific stages and track progression from identification through close.
Use Form ADV data to find RIAs with characteristics that signal recruiting readiness — specific AUM thresholds, certain custodian relationships, growth trajectories, or client type concentrations. Pipeline candidates in your CRM with recruiting-specific deal stages.
Private equity firms backing wealth management roll-ups need regulatory-grade firmographics for target screening and preliminary due diligence. Form ADV data provides verified AUM, client counts, fee revenue indicators, and regulatory history — the foundation of any LOI model.
M&A advisors sourcing buy-side or sell-side mandates in wealth management need a systematic view of the target universe. AllocatorBase provides the data layer and CRM pipeline to manage deal flow at scale — beyond the conference-and-referral model.
| Data Category | Fields Available | M&A Relevance |
|---|---|---|
| AUM & growth | Regulatory AUM, discretionary vs advisory, AUM over time | Target sizing, growth trajectory, revenue modeling |
| Client composition | Number of clients, HNW count, institutional count, client type breakdown | Revenue quality, client concentration risk |
| Fee structure | Fee schedule, performance fees, hourly/fixed fees | Revenue model, margin estimation |
| Custodian relationships | Primary custodians (Schwab, Fidelity, Pershing, etc.) | Integration complexity, platform compatibility |
| Regulatory history | CRD number, filing dates, amendment history, disclosure events | Compliance risk, due diligence flags |
| Alternatives allocation | Percentage of AUM in private funds, alternatives exposure | Sophistication indicator, cross-sell potential |
| Firm structure | Ownership type, number of employees, office locations | Integration planning, geographic expansion |
AdvizorPro has specific features built for recruiting that AllocatorBase does not offer. Here is an honest comparison.
| Capability | AllocatorBase | AdvizorPro |
|---|---|---|
| Firm-level AUM (verified) | ✓ SEC ADV-sourced | Partial verification |
| AUM growth trajectory | ✓ From filing history | ✓ |
| Client type breakdown | ✓ From Form ADV | Partial |
| Fee structure data | ✓ From Form ADV | — |
| Regulatory filing history | ✓ Full CRD/IAPD | ✓ |
| Target scoring | ✓ 0–100 configurable | ✓ Lead scoring (fit) |
| Deal pipeline in CRM | ✓ M&A-specific stages | — |
| Pipeline velocity analytics | ✓ | — |
| Advisor-level production estimates | — | ✓ |
| Personal signals (hobbies, alma mater) | — | ✓ AI-tagged |
| Succession & transition signals | — | ✓ |
| Regulatory risk flags | From ADV disclosures | ✓ Detailed |
| Wealth team mapping (25K+ teams) | — | ✓ |
| Published pricing | ✓ From $750/mo | — |
AdvizorPro has genuine advantages for advisor-level recruiting workflows. Be honest about your needs:
The strongest M&A and recruiting workflows use both layers. AdvizorPro provides advisor-level intelligence — individual production, personal signals, succession readiness, team mapping. AllocatorBase provides firm-level screening and deal infrastructure — verified AUM, growth trajectory, client composition, fee structure, and a CRM pipeline that tracks targets through your deal process.
One is discovery and advisor-level context. The other is screening and pipeline execution. You can use both — the data subscription starts at $750/month, a fraction of a single M&A advisory retainer.
A $2,500 Capital Formation Audit can be scoped for M&A and recruiting workflows. We assess your current target screening process, CRM infrastructure, and pipeline management — then deliver a roadmap for building a systematic deal pipeline.
Learn About the Audit →