READ NOWH1 2026, State of Advisor Movement

Winthrop & Co.

Advisor Moves · Updated Daily

Northwestern Mutual advisor departures

Northwestern Mutual's advisor force is built around its insurance-anchored planning model, and advisors who build substantial investment practices inside it often reach a structural ceiling. This tracker logs reported departures: who moved, where they landed, and the assets involved where disclosed.

20
Tracked departures
$13B
Disclosed AUM
12
Distinct destinations
Sep 22, 2026
Latest move
DateTeam / AdvisorsDestinationReported AUMSource
Sep 22, 2026Unnamed Northwestern Mutual teamLPL Financial$1BGoogle News — Northwestern Mutual advisor moves
Sep 21, 2026Unnamed Northwestern Mutual teamOnePoint BFG Wealth Partners$400MGoogle News — Northwestern Mutual advisor moves
Jul 23, 2026Civic Financial (DeSantis, Parisi, Allsop, Monaghan — Boston, MA)Independent RIA (Altruist custody)$1BCitywire
May 1, 2026Emerald Wealth Management (Trautmann, Foor, Hill — Seattle, WA)LPL Financial$815MInvestmentNews
Apr 22, 2026Haba Sherry Wealth ManagementRaymond James$200MWinthrop & Co.
Apr 10, 2026Unnamed Northwestern Mutual advisorCarson (Partners platform)—Google News — Northwestern Mutual advisor moves
Apr 1, 2026Armstrong & Sinoff Financial (Armstrong, Sinoff — Winter Park, FL)OnePoint BFG Wealth Partners$425MInvestmentNews
Mar 1, 2026Edgewater Wealth Management (Middleton, Hjelseth — Tacoma, WA)Composition Wealth$900MInvestmentNews
Feb 1, 2026Voyage Wealth Architects (Brian Eder — Minneapolis, MN)OnePoint BFG Wealth Partners$700MInvestmentNews
Jan 1, 2026Alinity Wealth Management (Kubicek, Bowling, Wilks — Baton Rouge, LA)Mariner Independent$275MWealthManagement.com
Nov 1, 2025Blueprint Wealth Management (James Fetters — Santa Monica, CA)Carson Group$170MCarson Group
Oct 21, 2025Spahn Financial Partners (Spahn, Funke, DeRaedt, Patel — Chicago, IL)OnePoint BFG Wealth Partners$2BBusiness Wire
Oct 1, 2025Pillar Financial Group (Madsen + 6 partners, 34-person team — Seattle, WA)Cetera$1.8BPR Newswire
Sep 1, 2025Tennant Financial (Tennant, Berry, Wade — Ballston Lake, NY)LPL Financial$1.3BInvestmentNews
Nov 1, 2024Happier Wealth (Beck, Macfarlane, Vongsawad, Rosen — Pleasant Grove, UT)LPL Financial$250MInvestmentNews
Aug 1, 2024Garrison Financial Group (Garrison, Hall, Strelau — Littleton, CO)Raymond James$300MInvestmentNews
Jul 1, 2024Sentinel Advisory Group (Cashore, Shulla, Keeling, Grunder — Middleton, WI)Commonwealth Financial Network$300MWealthManagement.com
Jun 1, 2024Scott Dudley & David McQuade (San Diego, CA)Financial Advocates (LPL Financial)$200MFinancial Planning
May 1, 2024High Note Wealth (Katherine Forrester Schneewind)Independent RIA$500MFinancial Planning
Feb 1, 2024Greykasell Wealth Strategies (David Eisenhauer — Danville, CA)Independent RIA$450MInvestmentNews

Moves are logged from trade press and public announcements, linked to their source where one was captured. AUM appears only where the original reporting disclosed it. This tracker records reported moves; it is not a census of every registration change.

FAQ

Northwestern Mutual departures, answered

  • How many advisors have left Northwestern Mutual recently?+
    This tracker currently logs 20 reported departures of advisors and teams from Northwestern Mutual, with the most recent on Sep 22, 2026. It captures publicly reported moves rather than every registration change; Winthrop & Co.'s State of Advisor Movement report measures the complete producing-advisor picture from registered-rep data.
  • Where do departing Northwestern Mutual advisors go?+
    Across the moves tracked here, the most frequent destinations are LPL Financial (4), OnePoint BFG Wealth Partners (4), Raymond James (2). Destinations span rival employee-model firms, regionals, independent broker-dealers, and RIAs; the full destination-channel analysis is in the State of Advisor Movement report.
  • How current and reliable is this tracker?+
    Entries are collected daily from trade press and public announcements, deduplicated, and linked to their source where one was captured. Assets under management are listed only when the reporting disclosed them; 19 of the 20 tracked moves disclose AUM, totaling roughly $13B. The tracker was last updated Sep 25, 2026.

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