The Recruiting Scoreboard · Oct 5–11, 2026
LPL Financial won the week
Which firms gained and lost advisor teams last week, by net reported client assets, from the Financial ADVSR Moves tracker.
In the week of Oct 5–11, 2026, the Financial ADVSR Moves tracker recorded 16 advisor moves with $5.3B in reported client assets and 14 firm deals. LPL Financial led recruiting with $1.1B in net reported assets. Raymond James had the largest net outflow, $1.0B. Between channels, wirehouses were net gainers of 1 team (−$520M).
- Advisor moves
- 16
- Reported assets
- $5.3B
- Firms gaining
- 5
- Firm deals
- 14
Net reported assets, Oct 5–11, 2026
Won the week
Lost the most
The week’s biggest moves
| Advisor / team | Assets | From | To | Reported |
|---|---|---|---|---|
| Praxis Financial Partners | $1.1B | Wells Fargo FiNet | LPL Financial | WealthManagement.com · InvestmentNews · Wealth Solutions Report, Oct 5 |
| Four Practices | $1.0B | Raymond James | Ascentis Independent Advisors | Wealth Solutions Report, Oct 9 |
| — | $1.0B | — | Hightower | InvestmentNews · Financial Advisor IQ, Oct 8 |
| — | $1.0B | — | Merit | InvestmentNews, Oct 8 |
| Ameriprise Financial franchisee team | $580M | Ameriprise Financial | Wells Fargo FiNet | AdvisorHub · InvestmentNews, Oct 8 |
| — | $410M | UBS | Wells Fargo | InvestmentNews, Oct 6 |
| — | $245M | Equitable | Osaic | InvestmentNews, Oct 7 |
How the scoreboard works
Each Monday we add up the week before, Monday to Sunday, from the Financial ADVSR Moves tracker, which reads the wealth management press and records every reported advisor move: the team, the firms on each side and the client assets as reported. A firm’s net is the assets of the teams it gained minus the assets of the teams it lost. Moves that didn’t disclose assets count toward the team totals but not the net.
Most moves never make the press, so these numbers are a floor, not an industry total. Free to cite with credit to Financial ADVSR and a link to this page. The live list is on the Advisor Moves tracker, and the month adds up in the Advisor Moves Report.