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FinancialADVSR

Est. 2026The front page of wealth managementNew York

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Wirehouses · regionals · independent BDs

Broker-Dealer News

Broker-dealer news from across the wealth management press: the wirehouses, regional and bank-owned firms and independent broker-dealers, and the recruiting, deals and regulation that move them. 55 stories from 14 outlets since August 3, updated every ten minutes.

Stories on the wire
55
Outlets
14
Our reporting
29
Moves · 90 days
28
Deals · 90 days
1
Firms tracked
24

The firms

Wirehouses

National full-service firms whose advisors are employees.

  1. UBS7
  2. Merrill3
  3. Morgan Stanley3
  4. Wells Fargo3

Regionals & banks

Regional, bank-owned and insurance-affiliated firms.

  1. Raymond James7
  2. Ameriprise6
  3. J.P. Morgan6
  4. Janney3
  5. RBC2
  6. Stifel2
  7. Citi1
  8. Edward Jones1
All 14 firms
  1. Rockefeller1
  2. Baird·
  3. Equitable·
  4. Northern Trust·
  5. Oppenheimer·
  6. Truist·

Independent BDs

Broker-dealers serving advisors who run their own practices.

  1. LPL Financial11
  2. Osaic5
  3. Commonwealth1
  4. Cambridge·
  5. Cetera·
  6. Kestra·

From the Newsroom

All our reporting

Latest broker-dealer news

The full wire

  13. News · WealthManagement.com

    55ip Expands UMA Capabilities for RIAs

  32. Regulation · Financial Advisor IQ

    RayJay FAs Claw Back $1.8M from Firm in Arbitration

  36. Moves · Financial Advisor IQ

    RBC Loses FAs with $1.2B to Ameriprise

  37. Moves · Financial Advisor IQ

    $3.5B RayJay FA Team Bolts for Janney

Latest moves

The Moves tracker
  1. UBS Wealth Management USA team$750M

    UBS → Elevation Point · Las Vegas

    AdvisorHub
  2. ICG Next$2.3B

    LPL Financial → Osaic Wealth · New Jersey

    AdvisorHub · WealthManagement.com · Wealth Solutions Report
  3. Latigo Peak Partners$19B

    JP Morgan → Latigo Peak Partners · Palm Beach Gardens, Fla.

    Citywire RIA · WealthManagement.com · InvestmentNews
  4. A team$1.2B

    RBC → Ameriprise

    InvestmentNews
  5. Houston-based advisors$3.5B

    Raymond James → Janney · Houston

    WealthManagement.com · Financial Advisor IQ
  6. Kristie Edling-Day

    LPL Financial → SEI

    InvestmentNews
  7. Houston team$3.3B

    Raymond James → Janney · Houston

    AdvisorHub
  8. Kellam Group$1.2B

    Truist Bank → Rockefeller Global Family Office · Naples, Florida

    AdvisorHub
  9. Michael Lee and Steve Armaly$1.0B

    UBS → Ox Road Capital

    WealthManagement.com
  10. father-son tandem

    UBS → RBC

    InvestmentNews

Broker-Dealer News: questions

What is broker-dealer news?

Broker-dealer news covers the firms through which financial advisors sell securities and earn commissions: the wirehouses (national full-service firms whose advisors are employees), regional, bank-owned and insurance-affiliated firms, and independent broker-dealers, which support advisors who run their own practices. Most broker-dealers are regulated by FINRA and the SEC.

What is the latest broker-dealer news?

The most recent headline is “LPL taps veteran Hullings to lead recruiting in post-Commonwealth deal era” (InvestmentNews, October 21). Financial ADVSR’s latest reporting is “55ip expands UMA offering to RIAs with J.P. Morgan and BlackRock models” (October 21).

Which broker-dealers are in the news most?

On the current wire the most-mentioned are LPL Financial (11 stories), UBS (7 stories), Raymond James (7 stories), Ameriprise (6 stories) and J.P. Morgan (6 stories).

What are the latest broker-dealer advisor moves?

In the last 90 days the Financial ADVSR moves tracker has recorded 28 moves involving broker-dealers. The most recent: UBS Wealth Management USA team ($750M) from UBS to Elevation Point (AdvisorHub, October 20).

Which broker-dealers are recruiting the most assets?

Over the last 90 days, by net assets in reported moves: Janney (+$6.8B, 2 in, 0 out), Osaic Wealth (+$2.3B, 1 in, 0 out) and Ameriprise (+$1.2B, 1 in, 1 out). Only moves reported in the press with assets disclosed are counted, so these are floors, not full totals.

What are the latest broker-dealer deals?

The moves tracker has recorded 1 deal involving broker-dealers in the last 90 days. The most recent: Captrust Lands $3B Truist Team in North Carolina (AdvisorHub, October 14).

What is the latest broker-dealer regulation news?

13 stories on the current wire are about regulation, enforcement or litigation. The most recent: “Citizens Sues Ameriprise, Accusing Ex-Advisor of Breaking Employment Contracts” (WealthManagement.com, October 19).

Which broker-dealers does Financial ADVSR track?

Wirehouses: Merrill, Morgan Stanley, UBS and Wells Fargo. Regionals & banks: Ameriprise, Baird, Citi, Edward Jones, Equitable, J.P. Morgan, Janney, Northern Trust, Oppenheimer, Raymond James, RBC, Rockefeller, Stifel and Truist. Independent BDs: Cambridge, Cetera, Commonwealth, Kestra, LPL Financial and Osaic. Each has its own page of news, moves and deals.

Also: RIA news · All wealth management news