# Advisor moves, week of Nov 2–8, 2026: 26 moves, including $6.0B Merrill-to-Morgan Stanley team

URL: https://www.financialadvsr.com/article/advisor-moves-week-of-nov-2-8-2026-26-moves-including-6-0b-merrill-to-morgan-7904bf
Published: November 10, 2026
By: Grant Whitmore, Moves Correspondent
Section: Moves
Publisher: Financial ADVSR (https://www.financialadvsr.com)

The Financial ADVSR Moves tracker logged 26 moves that week, 15 disclosing $31B in client assets, with Morgan Stanley the top net recruiter at +$15B.

The Financial ADVSR Moves tracker recorded 26 advisor, team and executive moves in the week of Nov 2–8, 2026. The 15 moves that disclosed assets reported $31B in client assets combined. The largest move was a $6.0B group of Barnett, Coon, Armitage, Leach and Moore, which AdvisorHub reported moved from Merrill Lynch to Morgan Stanley in Newport Beach, California. Morgan Stanley was also the week's biggest net recruiting gain, at +$15B in reported assets across three teams.

Besides the Barnett group, Financial Advisor IQ reported a $5.9B team moving from Merrill Lynch to Morgan Stanley. AdvisorHub reported a $3.0B combined group of Merrill Lynch and RBC Wealth Management-U.S. advisors, which it said moved from Merrill Lynch to Morgan Stanley. The tracker records these as separate entries from the three Morgan Stanley teams in the net total.

Cleros Wealth Partners was also among the week's top net gainers, at +$7.2B in reported assets across two teams. WealthManagement.com reported a $3.6B team moving from UBS to Cleros in Fort Worth. AdvisorHub separately reported a $3.6B UBS team launching at Cleros in Fort Worth, Texas, and named R. Kyle Kight, Alexander D. Armstrong and R. Jamison Packer.

Raymond James was another top net gainer, at +$2.7B in reported assets across two teams. Financial Advisor IQ reported a $1.5B team moving from PNC Private Bank to Raymond James. InvestmentNews reported a Richmond duo with $1.2B in client assets moving from Truist to Raymond James in Richmond.

Among the independent broker-dealers, InvestmentNews reported that Beacon Financial Group, with $1.0B in client assets, moved to Osaic in Aurora, Ohio. The same outlet reported that LPL Financial took a $390M team from Cetera. The report on that move does not state a destination beyond LPL Financial. InvestmentNews also reported a $240M team moving to OnePoint BFG in West Palm Beach, without naming a prior firm.

On the RIA side, WealthManagement.com reported that Cerity Partners took a $1.2B team from BOK Financial in Arizona. InvestmentNews reported that Prospera took a $600M Cornerstone team in Rochester. AdvisorHub reported that Rockefeller Global Family Office took HPS Wealth Partners, with $700M in client assets, from Truist Bank in Atlanta. Citywire RIA reported that Wealth With Options moved from Mariner Wealth Advisors to Brooklyn FI (BKFi) in Brooklyn, N.Y., and that Timber Ridge Financial moved from CS Planning to RFG Advisory in Wenatchee, Wash. The tracker records no asset figures for those last two moves.

Wirehouse activity included two reports on one advisor. AdvisorHub reported that J.P. Morgan drew a $940M advisor from Merrill Lynch in Los Angeles, identified as J. Tiffany Yu. WealthManagement.com separately reported a move from Merrill to Elevate Wealth Partners by Tiffany Yu. The two reports name different destinations, and this article does not choose between them. InvestmentNews also reported that NewEdge Wealth added W. Trevor Beaney, with $1.0B in client assets, from Florida Atlantic Securities in Coral Gables.

Executive and individual moves were recorded as well. WealthManagement.com reported that Callie Cox moved from Ritholtz to Plancorp Wealth Management in St. Louis. Citywire RIA reported that Lily Lai moved from First Citizens to Cresset, that Rob Kay moved from Schwab Advisor Network to Focus Partners Wealth, and that Patrick Dunne moved from Hightower to Dispatch. AdvisorHub reported that James T. moved from LPL Financial to &Partners. WealthManagement.com also reported that Tom Metzger moved from Citizens to Osaic and that Manish Shrivastava moved to Osaic. The tracker records no prior firm for Shrivastava.

The tracker also recorded 20 firm deals that week. The full weekly table, along with past weeks, is available on the Financial ADVSR Recruiting Scoreboard at https://www.financialadvsr.com/advisor-moves/scoreboard/2026-11-02.

Key facts:
- Week total: 26 moves recorded by the Financial ADVSR Moves tracker, with 15 disclosing $31B in client assets combined
- Morgan Stanley: +$15B in reported assets across three teams, the week's biggest net recruiting gain
- Barnett, Coon, Armitage, Leach and Moore: $6.0B in client assets, moved from Merrill Lynch to Morgan Stanley in Newport Beach, California (AdvisorHub)
- Cleros Wealth Partners: +$7.2B in reported assets across two teams, including a $3.6B team from UBS in Fort Worth (WealthManagement.com, AdvisorHub)
- Raymond James: +$2.7B in reported assets across two teams (Financial Advisor IQ, InvestmentNews)

Why it matters: For recruiters and team leaders, a weekly table of moves shows where teams are landing and which platforms are drawing them. Asset figures are shown as each outlet reported them, so comparisons across firms should take the reporting source into account.

Firms in this story, from their SEC Form ADV filings:
- Beacon Financial Group (Dallas, TX; SEC CRD 110038): $1.3B regulatory assets under management, 1,052 clients, 8 advisory staff, 1 offices, custodians Charles Schwab, Fidelity; Form ADV filed 2026-03-13. https://www.financialadvsr.com/rias/beacon-financial-group
- Cerity Partners (New York, NY; SEC CRD 151559): $162B regulatory assets under management, 26,230 clients, 1,102 advisory staff, 67 offices, custodians Charles Schwab, Fidelity Distributors Company; Form ADV filed 2026-07-13. https://www.financialadvsr.com/rias/cerity-partners-llc
- Brooklyn FI (Brooklyn, NY; SEC CRD 292115): $563M regulatory assets under management, 373 clients, 10 advisory staff, 17 offices, custodians Charles Schwab; Form ADV filed 2026-09-03. https://www.financialadvsr.com/rias/brooklyn-fi-llc
- CS Planning (Portland, OR; SEC CRD 149937): $2.0B regulatory assets under management, 4,200 clients, 49 advisory staff, 21 offices, custodians Fidelity, Charles Schwab; Form ADV filed 2026-06-30. https://www.financialadvsr.com/rias/cs-planning-corp

Sources:
- financialadvsr.com: https://www.financialadvsr.com/advisor-moves/scoreboard/2026-11-02
- advisorhub.com: https://www.advisorhub.com/morgan-stanley-scoops-up-merrill-team-managing-nearly-6b-in-california/
- financialadvisoriq.com: https://www.financialadvisoriq.com/c/5293013/764063
- wealthmanagement.com: https://www.wealthmanagement.com/ria-news/ubs-advisors-launch-cleros-wealth-partners
- advisorhub.com: https://www.advisorhub.com/3-6-billion-ubs-team-launches-ria-backed-by-elevation-point/
- advisorhub.com: https://www.advisorhub.com/merrill-rbc-advisors-with-3b-combined-team-up-at-morgan-stanley/
- financialadvisoriq.com: https://www.financialadvisoriq.com/c/5292993/764073
- wealthmanagement.com: https://www.wealthmanagement.com/ria-news/bok-financial-sues-ex-advisors-over-cerity-move
- investmentnews.com: https://www.investmentnews.com/independent-broker-dealers/richmond-duo-with-12b-in-assets-joins-raymond-james-from-truist/268894
- investmentnews.com: https://www.investmentnews.com/independent-broker-dealers/ohio-ria-managing-nearly-1b-joins-osaic-for-succession-planning/268830
- investmentnews.com: https://www.investmentnews.com/ria-news/newedge-wealth-adds-former-florida-atlantic-securities-ceo-to-coral-gables-office/268891
- advisorhub.com: https://www.advisorhub.com/j-p-morgan-snags-merrill-lifer-managing-940-million-in-los-angeles/
- advisorhub.com: https://www.advisorhub.com/rockefeller-lands-700-million-truist-team-in-atlanta/
- investmentnews.com: https://www.investmentnews.com/ria-news/ria-moves-prospera-lands-600m-cornerstone-team-in-rochester/268899
- investmentnews.com: https://www.investmentnews.com/independent-broker-dealers/advisor-moves-raymond-james-and-lpl-add-veteran-teams-in-ohio-and-pennsylvania/268874
- wealthmanagement.com: https://www.wealthmanagement.com/career-moves/callie-cox-leaves-ritholtz-for-plancorp-strategy-role
- citywire.com: https://citywire.com/ria/news/cresset-hires-strategy-exec-from-first-citizens/a2502540
- citywire.com: https://citywire.com/ria/news/focus-partners-wealth-hires-veteran-schwab-referral-network-director/a2502521
- citywire.com: https://citywire.com/ria/news/former-hightower-coo-shares-the-potential-that-led-him-to-join-dispatch/a2502518
- wealthmanagement.com: https://www.wealthmanagement.com/wirehouse-news/jpmorgan-lures-940-million-merrill-advisor-to-la-team
- advisorhub.com: https://www.advisorhub.com/partners-nabs-lpls-chief-compliance-officer/
- citywire.com: https://citywire.com/ria/news/ex-mariner-independent-practice-joins-accelerated-backed-brooklyn-fi/a2502653
- citywire.com: https://citywire.com/ria/news/8bn-rfg-advisory-adds-washington-state-shop-with-teachers-niche/a2502655
- wealthmanagement.com: https://www.wealthmanagement.com/ibd-news/osaic-hires-new-head-of-empowered-independence-cmo