Advisers on the Move: Latest trends in recruiting

Advisers on the Move: Latest trends in recruiting
Top moves, net gains and losses, plus daily move activity updated weekly
MAY 20, 2019
By  Ellie Zhu
Daily adviser move activity
Net gains/losses in adviser headcount by channel, 2019 year-to-date
Top 5 moves of the week
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
Recruiting Gains for second quarter
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
Recruiting Losses for second quarter
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
Source: InvestmentNews Advisers on the Move database
Note: Adviser moves are latest based on research and industry and government records.

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