READ NOWH1 2026, State of Advisor Movement

Winthrop & Co.

Advisor Moves · Publicly Reported

Where billion-dollar teams are landing

Moves first reportedJuly 23 to October 22, 2026

moves of $1B+ each, at least
38 Teams
in reported assets, at least
$78B+
Top channel by moves
Independent RIA
11 of 38 moves, at least $23.2B

At least 38 teams and individual advisors with $1 billion or more in reported assets were publicly reported changing firms between July 23 and October 22, 2026, with at least $78 billion in reported assets between them.

Updated Oct 22, 2026 · Publicly reported moves · How this list is compiled

Moves first reported Jul 23 to Oct 22, 2026. Every sum is a floor, and where two reports differ the lower figure is used.

By channel

ChannelMovesReported assets
Independent RIA11at least $23.2B
Independent broker-dealer7at least $9.9B
Wirehouse6at least $19.5B
Other employee firms9at least $17.9B
Rockefeller3at least $4.2B
Bank2at least $4.0B
Total38at least $78.7B

By destination

FirmMovesReported assets
Raymond James4at least $8.7B
RBC Wealth Management4at least $5.5B
Merrill3at least $15.4B
NewEdge Wealth3at least $6.5B
Rockefeller3at least $4.2B
UBS3at least $4.1B
LPL Financial3at least $3.5B

Firms with three or more moves; a firm's channels are counted together.

Independent RIA

11 moves first reported Jul 23 to Oct 22, 2026 · at least $23.2B reported

  • $4 billion client assets

    BV Group

    WealthManagement.com

    From
    UBS
    To
    Cresset

    First reported Aug 25, 2026

  • $3.5 billion assets under advisement

    iTP Partners

    WealthManagement.com · Enterprise move

    From
    Osaic
    To
    Blue Horizon Equity (own RIA, on Cetera's Blueprint platform)

    First reported Aug 4, 2026

  • $3.1 billion client assets

    A Fort Lauderdale private wealth team

    AdvisorHub

    From
    Bank of America Private Bank
    To
    NewEdge Wealth

    First reported Sep 3, 2026

  • $3 billion client assets

    Hoge-Barrett Group

    WealthManagement.com

    From
    Truist
    To
    Captrust

    First reported Oct 14, 2026

  • $2.2 billion client assets

    A Houston private wealth team

    AdvisorHub

    From
    Bernstein Private Wealth
    To
    NewEdge Wealth

    First reported Aug 18, 2026

  • $1.4 billion client assets

    Round Table Advisors

    AdvisorHub

    From
    Raymond James Financial Services
    To
    Round Table Advisors (own RIA)

    First reported Oct 13, 2026

  • $1.4 billion client assets

    Reeg Private Wealth

    AdvisorHub

    From
    Baird
    To
    Xcelsior Advisor Partners

    First reported Jul 24, 2026

  • $1.3 billion client assets

    Fathom Advisors

    WealthManagement.com

    From
    Ameriprise
    To
    Fathom Advisors (own RIA)

    First reported Sep 16, 2026

  • $1.25 billion client assets

    Shafer Block Wealth Management

    AdvisorHub

    From
    UBS
    To
    NewEdge Wealth

    First reported Sep 15, 2026

  • $1.1 billion client assets

    Rosenwald Private Wealth

    AdvisorHub

    From
    RBC Wealth Management
    To
    Indivisible Partners

    First reported Oct 12, 2026

  • $1 billion client assets

    Civic Financial

    InvestmentNews

    From
    Northwestern Mutual
    To
    Civic Financial (own RIA)

    First reported Jul 23, 2026

Independent broker-dealer, counting Wells Fargo FiNet

7 moves first reported Jul 23 to Oct 22, 2026 · at least $9.9B reported

  • $2.3 billion client assets

    ICG Next

    InvestmentNews

    From
    LPL Financial
    To
    Osaic

    First reported Oct 20, 2026

  • $1.8 billion client assets

    32 North Wealth

    WealthManagement.com

    From
    Wells Fargo Advisors
    To
    &Partners

    First reported Jul 30, 2026

  • $1.4 billion client assets

    Conte Wealth Advisors

    InvestmentNews

    From
    Cambridge Investment Research
    To
    LPL Financial

    First reported Aug 18, 2026

  • $1.3 billion client assets

    Cullman/Holt Group

    AdvisorHub

    From
    UBS
    To
    Wells Fargo FiNet

    First reported Sep 30, 2026

  • $1.1 billion client assets

    Praxis Financial Partners

    AdvisorHub

    From
    Wells Fargo FiNet
    To
    LPL Financial (RIA channel)

    First reported Oct 5, 2026

  • $1 billion client assets

    Prince Financial Services

    WealthManagement.com

    From
    Northwestern Mutual
    To
    LPL Financial (RIA channel)

    First reported Oct 14, 2026

  • $1 billion client assets

    KWM Wealth Advisory

    WealthManagement.com

    From
    Stifel Independent Advisors
    To
    Raymond James Financial Services

    First reported Jul 23, 2026

Wirehouse

6 moves first reported Jul 23 to Oct 22, 2026 · at least $19.5B reported

Other employee firms

9 moves first reported Jul 23 to Oct 22, 2026 · at least $17.9B reported

  • $5.4 billion client assets

    Capital Reserve Group

    WealthManagement.com

    The team's Comerica brokerage was registered through Ameriprise Financial Services, per FINRA BrokerCheck.

    From
    Comerica
    To
    Raymond James & Associates

    First reported Jul 30, 2026

  • $3.3 billion client assets

    Edwards Fitzpatrick Group

    AdvisorHub

    From
    Raymond James & Associates
    To
    Janney Montgomery Scott

    First reported Oct 16, 2026

  • $2 billion client assets

    Behun and Harris

    AdvisorHub

    From
    Bank of America Private Bank
    To
    RBC Wealth Management

    First reported Sep 22, 2026

  • $1.5 billion client assets

    Focus Wealth Management

    AdvisorHub

    From
    UBS
    To
    RBC Wealth Management

    First reported Jul 30, 2026

  • $1.35 billion client assets

    Hall Wealth Advisory Group

    AdvisorHub

    From
    Jefferies
    To
    Stifel

    First reported Sep 16, 2026

  • $1.25 billion client assets

    Greenwood Wealth Partners

    WealthManagement.com

    From
    D.M. Kelly & Company
    To
    Raymond James & Associates

    First reported Sep 24, 2026

  • $1.1 billion client assets

    The Carlson Group

    WealthManagement.com

    From
    Baird
    To
    Raymond James & Associates

    First reported Aug 6, 2026

  • $1 billion client assets

    Nepa/Susco Team

    AdvisorHub

    From
    UBS
    To
    RBC Wealth Management

    First reported Oct 22, 2026

  • $1 billion client assets

    The Sexton Group

    AdvisorHub

    From
    Morgan Stanley
    To
    RBC Wealth Management

    First reported Aug 6, 2026

Rockefeller

3 moves first reported Jul 23 to Oct 22, 2026 · at least $4.2B reported

  • $2 billion client assets

    Jones Wealth Partners

    WealthManagement.com

    From
    Merrill
    To
    Rockefeller

    First reported Aug 7, 2026

  • $1.2 billion client assets

    The Kellam Group

    AdvisorHub

    From
    Truist
    To
    Rockefeller

    First reported Oct 16, 2026

  • $1 billion client assets

    Piedmont Wealth Partners

    AdvisorHub

    About $1 billion in client assets, per the article.

    From
    Truist
    To
    Rockefeller

    First reported Sep 30, 2026

Bank

2 moves first reported Jul 23 to Oct 22, 2026 · at least $4.0B reported

  • $3 billion client assets

    Teresa Radzinski

    AdvisorHub · Individual advisor

    From
    Bank of America Private Bank
    To
    Citi Private Bank

    First reported Sep 11, 2026

  • $1 billion client assets

    MacLellan Bickle Wealth Partners

    WealthManagement.com

    From
    Northern Trust
    To
    Citizens Private Wealth

    First reported Aug 26, 2026

Source: Winthrop & Co. compilation of publicly reported moves, July 23 to October 22, 2026 (AdvisorHub, InvestmentNews and WealthManagement.com). Asset figures as reported.

How this list is compiled

Method as of Oct 22, 2026

Window
A move can be listed when it was first publicly reported between July 23 and October 22, 2026, by AdvisorHub, InvestmentNews, WealthManagement.com or Barron's, or announced by the firm the team joined. The list rolls forward as new moves are reported.
What counts
A team or an individual advisor with $1 billion or more in reported assets that changed firms, including a team that launched its own RIA. An enterprise move, a group of advisors or offices changing firms together, is listed once and labelled. An executive or management hire does not count, and separate teams announced together under one combined figure are not shown as one team.
Figures
Assets are shown as reported, in the source's own terms (client assets, assets under management, assets under advisement). Where reports differ, the lower figure is used. Every total is a floor: at least the amount shown. A reported figure describes what a team managed when it moved; it does not say how much of it has transferred.
Destinations
Independent RIA covers a team's own new RIA, RIA platforms and aggregators, and RIAs owned by no broker-dealer, bank or wirehouse. Independent broker-dealer counts Wells Fargo FiNet. Other employee firms covers employee-model firms outside the wirehouses, such as RBC, Stifel, Janney and Raymond James & Associates. Rockefeller is shown on its own. Bank covers private banks. A team joining a broker-dealer's RIA channel is counted with the broker-dealer.
Held moves
A move is held, and never shown or counted, while no report this list can rest a figure on is available, or while the only reported figure includes advisors or assets that did not move.
Corrections and removal
A wrong figure or destination is corrected within one business day. An advisor or team named here can ask to be removed and is taken off within one business day. Write to info@winthropco.com.
Corrections log
None as of Oct 22, 2026.
How to cite
Winthrop & Co., "Where billion-dollar teams are landing," updated October 22, 2026, winthropco.com/advisor-moves/billion-dollar-teams.

Publicly reported moves out of Edward Jones, Merrill, Northwestern Mutual and UBS, smaller teams included, are logged daily in the advisor-moves trackers.

Which destination fits a team your size is a conversation.

Every conversation is held in strict confidence, and the advisor never pays.