The Recruiting Scoreboard · Nov 2–8, 2026
Morgan Stanley 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 Nov 2–8, 2026, the Financial ADVSR Moves tracker recorded 26 advisor moves with $31B in reported client assets and 20 firm deals. Morgan Stanley led recruiting with $15B in net reported assets across 3 incoming teams. Merrill had the largest net outflow, $16B. Between channels, wirehouses were net losers of 4 teams (−$8.2B).
- Advisor moves
- 26
- Reported assets
- $31B
- Firms gaining
- 10
- Firm deals
- 20
Net reported assets, Nov 2–8, 2026
Won the week
Lost the most
The week’s biggest moves
| Advisor / team | Assets | From | To | Reported |
|---|---|---|---|---|
| Barnett, Coon, Armitage, Leach and Moore | $6.0B | Merrill Lynch | Morgan Stanley | AdvisorHub, Nov 6 |
| — | $5.9B | Merrill Lynch | Morgan Stanley | Financial Advisor IQ, Nov 4 |
| — | $3.6B | UBS | Cleros Wealth Partners | WealthManagement.com, Nov 4 |
| R. Kyle Kight, Alexander D. Armstrong and R. Jamison Packer team | $3.6B | UBS | Cleros Wealth Partners | AdvisorHub, Nov 4 |
| Merrill Lynch and RBC Wealth Management-U.S. advisors | $3.0B | Merrill Lynch | Morgan Stanley | AdvisorHub, Nov 2 |
| — | $1.5B | PNC Private Bank | Raymond James | Financial Advisor IQ, Nov 5 |
| Richmond duo | $1.2B | Truist | Raymond James | InvestmentNews, Nov 5 |
| — | $1.2B | BOK Financial | Cerity Partners | WealthManagement.com, Nov 2 |
| W. Trevor Beaney | $1.0B | Florida Atlantic Securities | NewEdge Wealth | InvestmentNews, Nov 5 |
| Beacon Financial Group | $1.0B | — | Osaic | InvestmentNews, Nov 2 |
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.