| Name of adviser(s) | AUM | Firm leaving | Firm joining | Transition Date |
|---|---|---|---|---|
| Michael Lawrence Siden | $500,000,000 | Morgan Stanley | Rockefeller Financial | 9/4/19 |
| Joshua Glass | $345,000,000 | Wells Fargo Clearing Services | Stifel, Nicolaus & Company | 9/9/19 |
| Harold Uszerowicz | $117,000,000 | Wells Fargo Clearing Services | Stifel, Nicolaus & Company | 9/6/19 |
| Stephen Huggins, Linda Winders, Blair Huggins, JD Huggins | $345,000,000 | Morgan Stanley | Stifel, Nicolaus & Company | 8/23/19 |
| Lawrence Scott Pann and Donnie DeYoung | $325,000,000 | UBS Financial Services Inc. | RBC Wealth Management | 8/22/19 |
| Firm | Total moves |
|---|---|
| 1. LPL Financial LLC | 100 |
| 2. Raymond James Financial Services, Inc. | 35 |
| 3. Edward Jones | 33 |
| 4. Merrill Lynch, Pierce, Fenner & Smith Incorporated | 25 |
| 5. Calton & Associates, Inc. | 25 |
| Firm | Total moves |
|---|---|
| 1. Merrill Lynch, Pierce, Fenner & Smith Incorporated | 69 |
| 2. Wells Fargo Clearing Services, LLC | 53 |
| 3. Morgan Stanley | 51 |
| 4. Ameriprise Financial Services, Inc. | 44 |
| 5. Edward Jones | 40 |
The rebate is political theater, but the healthcare cost crisis underneath it is very much an advisor problem.
It’s a ruthless competition for advisors right now, with buyers promising top dollar to advisors willing to sell.
Vanilla, SS&C and FinTurk are rolling out a mix of agentic and AI-assisted features aimed at planning gaps, client insights, and manual account monitoring.
David Haughton, formerly of Carson Group and Commonwealth Financial Network, takes on VP of engagement role at Hargrove MSO, a subsidiary of Hargrove Firm.
Retirement plan clients may not grasp what fiduciary duties they keep when joining a PEP.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
