SourcingSourcing

WHITEBOX ADVISORS LLC

C29
CRD 121995·SEC 801-65882·MINNEAPOLIS, MN
AUM
$15.74B
$1B+
Est. Revenue
$157.4M
@ 1% on AUM
Est. EBITDA
$47.2M
@ 30% margin
Est. Deal Value
$377.7M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
WHITEBOX ADVISORS LLC
CRD
121995
SEC file #
801-65882
EIN
000000000
DBA names
—

Economics

AUM
$15.74B
AUM band
$1B+
AUM trajectory
'20'26
$9.25B → $15.74B▲ +70%
Client mix
Pooled Investment Vehicles16

Operations

Employees (total)
67
Advisory staff (per ADV)
35
Advisory staff (5-yr trend)
'20'26
35 advisors → 35 advisors▬ 0%
Primary office
MINNEAPOLIS MN
Branches
—

Custodian & Brokerage

Primary custodian
Goldman Sachslow confidence
Services offered
Portfolio mgmt — pooled vehicles
Fee basis
% of AUMPerformance-based fees

Filings

Latest ADV filing
03/25/2026
ADV-W filed at
—
Website
whiteboxadvisors.com

Compliance

Disclosures (firm)
4
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
SKAGDAY, INC.
Top Owner Pct
62.5
Top Owner Entity Kind
DE
Owner Count
10
Control Persons
SKAGDAY, INC.
MERCER, JACOB, PAUL
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
ok
Rdap Domain
WHITEBOXADVISORS.COM
Rdap Domain Creation Date
2000-02-11T23:09:28Z
Rdap Firm Age Years
26
Rdap Firm Age Band
20+y
Rdap Registrar
GoDaddy.com, LLC

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
Yes
Form 5500 Plan Count
1
Form 5500 Total Participants
114
Form 5500 Compensation Trajectory 3y
20240
Form 5500 Plan Count Trajectory 3y
20241
Schedule C Service Provider Rows
1

SEC EDGAR

Edgar Cik
0001817939
Edgar Registered
Yes
Edgar Filing Count
3
Edgar First Filing Date
2020-07-14
Edgar Last Filing Date
2022-07-14
Edgar Form D Count
3
Edgar Form D Offerings
2022-07-142022-07-14 · 0001817939-22-000001
2021-07-142021-07-14 · 0001780375-21-000002

Compliance & brand

Firm Registration Status
active

All other collected signals (16)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
1
Bc Firm IAR Count
1
Custodian Candidates
Full
Goldman Sachs24
U.s. Bank19
Wells Fargo12
Jpmorgan10
E*trade4
Edgar Addresses
Mailing
MOURANT GOVERNANCE SERVICES (CAYMAN) LTD94 SOLARIS AVENUE, CAMANA BAYGRAND CAYMAN, E9, KY1-1108
Business
MOURANT GOVERNANCE SERVICES (CAYMAN) LTD94 SOLARIS AVENUE, CAMANA BAYGRAND CAYMAN, E9, KY1-1108
Edgar EIN
000000000
Edgar Recent Filings
D/A2022-07-14 · 0001817939-22-000001
D/A2021-07-14 · 0001780375-21-000002
Firm Has Custody
Yes
Mailing Office Differs
No
Rdap Domain Expiration Date
2029-10-15T11:59:59Z
Rdap Domain Last Changed
2022-11-16T22:52:41Z
Rdap Nameservers
Ns1-02.azure-dns.comNs2-02.azure-dns.netNs3-02.azure-dns.orgNs4-02.azure-dns.info
Rdap Secure Dns Enabled
No
Rdap Status
Client Delete ProhibitedClient Renew ProhibitedClient Transfer ProhibitedClient Update Prohibited
Trust Company Affiliate
Yes

People (8)

8
MERCER, JACOB, PAUL
Direct Owner · 17.5%
2987667
ROOS, PAUL, MANUEL
Direct Owner · 7.5%
7418956
STUKAS, NICKOLAS, ARTHUR
Direct Owner · 7.5%
4201725
CONRAD, LISA, RAGGI
Executive Officer · 2.5%
1631111
KARIM, MUQUARRAB, BIN
Executive Officer · 2.5%
4382171
LUTZ, BRIAN, GERALD
Executive Officer · 2.5%
1867169
VOGEL, ROBERT, JACOB
Executive Officer · 2.5%
5070939
PAUL STEPHEN TWITCHELL
IAR
6318257