Billions on the move

More billion-dollar-plus teams have been pulling up stakes and changing firms in the last few years

Jul 11, 2014 @ 10:56 am

By Christina Nelson

Source: <i>InvestmentNews</i> data
Source: InvestmentNews data

A strong market often leads to satisfied clients, and satisfied clients to content advisers who are less eager to jump firms. Mason Braswell recently reported about a lull in adviser movement this year. But when it comes to a big team, particularly one with $1 billion or more in assets under management, even one move can have a significant impact on the losing and gaining firms involved.

This chart reveals the number of billion-dollar-plus moves every six months from 2010 to mid-2014. Compiled, the number of moves per year has grown fairly consistently, though the percentage these billion-dollar deals hold of the total assets under management in all moves has varied from a small portion to almost half.


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