READ NOWH1 2026, State of Advisor Movement

Winthrop & Co.

Advisor Moves · Publicly Reported

Where billion-dollar teams are landing

Moves first reportedAugust 6 to November 5, 2026

moves of $1B+ each, at least
37 Teams
in reported assets, at least
$83B+
Top channel by moves
Other employee firms
14 of 37 moves, at least $27.2B

At least 37 teams and individual advisors with $1 billion or more in reported assets were publicly reported changing firms between August 6 and November 5, 2026, with at least $83 billion in reported assets between them.

Updated Nov 6, 2026 · Publicly reported moves · How this list is compiled

Moves first reported Aug 6 to Nov 5, 2026. Every sum is a floor, and where two reports differ the lower figure is used.

Reported by WealthManagement.com, Oct 29, 2026, for the Jul 23 to Oct 22 window.

By channel

ChannelMovesReported assets
Independent RIA6at least $27.1B
RIA partnership0None
Independent broker-dealer5at least $7.1B
Wirehouse6at least $12.9B
Other employee firms14at least $27.2B
Rockefeller3at least $4.2B
Bank3at least $5.2B
Total37at least $83.7B

By destination

FirmMovesReported assets
Raymond James4at least $5.0B
NewEdge Wealth3at least $6.5B
Rockefeller3at least $4.2B
RBC Wealth Management3at least $4.0B
LPL Financial3at least $3.5B

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

Independent RIA

6 moves first reported Aug 6 to Nov 5, 2026 · at least $27.1B reported

  • $18.6 billion client assets

    Latigo Peak Partners

    InvestmentNews · Enterprise move

    Two J.P. Morgan Advisors practices, in Boston and Bellevue, launched the firm together; the figure is their combined client assets, reported as roughly $18.6 billion.

    From
    J.P. Morgan
    To
    Latigo Peak Partners (own RIA)

    First reported Oct 19, 2026

  • $3.61 billion client assets under supervision

    Cleros Wealth Partners

    WealthManagement.com

    From
    UBS
    To
    Cleros Wealth Partners (own RIA)

    First reported Nov 4, 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

  • $1.3 billion client assets

    Fathom Advisors

    WealthManagement.com

    From
    Ameriprise
    To
    Fathom Advisors (own RIA)

    First reported Sep 16, 2026

  • $1.1 billion client assets

    Stribling-Whalen Financial Group

    WealthManagement.com

    About $1.1 billion in client assets, per the article.

    From
    Raymond James Financial Services
    To
    Stribling-Whalen Financial Group (own RIA)

    First reported Oct 27, 2026

  • $1.1 billion client assets

    Rosenwald Private Wealth

    AdvisorHub

    From
    RBC Wealth Management
    To
    Indivisible Partners

    First reported Oct 12, 2026

RIA partnership

No move publicly reported Aug 6 to Nov 5, 2026

Independent broker-dealer, counting Wells Fargo FiNet

5 moves first reported Aug 6 to Nov 5, 2026 · at least $7.1B reported

  • $2.3 billion client assets

    ICG Next

    InvestmentNews

    From
    LPL Financial
    To
    Osaic

    First reported Oct 20, 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

    Registered with LPL Financial LLC (brokerage and advisory) per FINRA BrokerCheck.

    From
    Wells Fargo FiNet
    To
    LPL Financial

    First reported Oct 5, 2026

  • $1 billion advisory, brokerage and retirement plan assets

    Prince Financial Services

    WealthManagement.com

    Registered with LPL Financial LLC per FINRA BrokerCheck; the article describes LPL's RIA channel. Reported as about $1 billion.

    From
    Northwestern Mutual
    To
    LPL Financial

    First reported Oct 14, 2026

Wirehouse

6 moves first reported Aug 6 to Nov 5, 2026 · at least $12.9B reported

  • $5.9 billion client assets

    The Barnett, Coon, Armitage, Leach and Moore Group

    Financial Advisor IQ

    Newport Beach, California, with offices in Rancho Santa Fe and Red Bank, New Jersey. The $5.9 billion is as of July, per the team's website, as Financial Advisor IQ reports.

    From
    Merrill
    To
    Morgan Stanley

    First reported Nov 5, 2026

  • $1.8 billion assets

    daRoza Group

    AdvisorHub

    About $1.8 billion per a Forbes ranking, as the article reports. Antonio daRoza joined Morgan Stanley's new Bell Coast Group with two other Merrill advisors and two from RBC; the group's combined assets are not counted as one team's.

    From
    Merrill
    To
    Morgan Stanley

    First reported Nov 2, 2026

  • $1.4 billion client assets

    Mason Cisney Alcon Wealth Management Group

    AdvisorHub

    From
    Morgan Stanley
    To
    UBS

    First reported Sep 4, 2026

  • $1.4 billion client assets

    Lumina Wealth Partners

    WealthManagement.com

    From
    Bernstein Private Wealth
    To
    UBS

    First reported Aug 31, 2026

  • $1.2 billion client assets

    Vazquez-Monasterio Team

    AdvisorHub

    From
    UBS
    To
    Merrill

    First reported Sep 10, 2026

  • $1.2 billion client assets

    The Aliaskari Group

    AdvisorHub

    From
    Morgan Stanley
    To
    Merrill

    First reported Sep 8, 2026

Other employee firms

14 moves first reported Aug 6 to Nov 5, 2026 · at least $27.2B reported

  • $4 billion client assets

    BV Group

    WealthManagement.com

    From
    UBS
    To
    Cresset

    First reported Aug 25, 2026

  • $3.3 billion client assets

    Edwards Fitzpatrick Group

    AdvisorHub

    From
    Raymond James & Associates
    To
    Janney Montgomery Scott

    First reported Oct 16, 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

  • $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

    KKM Wealth Partners

    WealthManagement.com

    From
    PNC Private Bank
    To
    Raymond James & Associates (Alex. Brown)

    First reported Nov 5, 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

  • $1.25 billion client assets

    Shafer Block Wealth Management

    AdvisorHub

    From
    UBS
    To
    NewEdge Wealth

    First reported Sep 15, 2026

  • $1.2 billion client assets

    Mintz & Gow Group

    InvestmentNews

    From
    Truist
    To
    Raymond James & Associates

    First reported Nov 5, 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 Aug 6 to Nov 5, 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 assets

    Piedmont Wealth Partners

    AdvisorHub

    $1 billion in assets at Truist, attributed by the article to an unnamed source. The headline's $6.2 million is annual revenue.

    From
    Truist
    To
    Rockefeller

    First reported Sep 30, 2026

Bank

3 moves first reported Aug 6 to Nov 5, 2026 · at least $5.2B 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

  • $1.2 billion assets

    Webber Wealth Partners

    AdvisorHub

    Comerica's brokerage accounts were handled by Ameriprise Financial, per the article.

    From
    Comerica
    To
    Citizens Private Wealth

    First reported Oct 28, 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. analysis of internal data, public regulatory records, and publicly reported moves. Moves first reported August 6 to November 5, 2026. Asset figures as reported.

Previous windows

WindowMovesReported assets
Jul 23 to Oct 22, 202638at least $78B

Past windows are kept as they stood when recorded; a later correction, if one is ever needed, is noted beside the entry. Windows overlap, so their totals are never added or subtracted across entries. The current window keeps moving as new moves are reported.

How this list is compiled

Method as of Nov 6, 2026

Window
A move can be listed when it was first publicly reported between August 6 and November 5, 2026, by one of these trade publications (AdvisorHub, InvestmentNews, WealthManagement.com, Barron's, Financial Advisor IQ, Citywire RIA, RIABiz, Financial Planning or Wealth Solutions Report), 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, other than those counted below. Independent broker-dealer counts Wells Fargo FiNet. Other employee firms covers employee-model firms outside the wirehouses, such as RBC, Stifel, Janney, NewEdge Wealth, Captrust, Cresset and Raymond James & Associates. RIA partnership covers firms where the advisor is a partner rather than salaried, the practice keeps its own brand and pays its own costs, and the advisor holds equity in the parent. 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
  • Oct 27, 2026: Following a structural review of each destination firm (who employs the advisor, who owns the clients and the brand, whose equity it is), NewEdge Wealth, Captrust, Cresset and &Partners are now counted with other employee firms, so other employee firms now draw the most moves.
  • Oct 30, 2026: &Partners, an advisor-owned partnership, is now shown as an RIA partnership, so other employee firms now count 14 moves.
How to cite
Winthrop & Co., "Where billion-dollar teams are landing," updated November 6, 2026, winthropco.com/advisor-moves/billion-dollar-teams.

Publicly reported moves out of Edward Jones, Merrill, Northwestern Mutual, UBS and J.P. Morgan, smaller teams included, are kept in the advisor-moves trackers and updated as moves are reported.

Smaller teams that moved, grouped by production level, are on the production levels page.

Which destination fits a team your size is a conversation.

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