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FinancialADVSR

Est. 2026The front page of wealth managementNew York

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RB An Amazon intern in 2020, Nevis CEO Mark Swan is the unlikely dream weaver for Focus Financial and other big RIA rollups with 'nightmare' integration issues -- with help from Schwab, Fidelity, OpenAI and AnthropicIN SpaceX’s AI segment now drives more than half its revenue. Here’s what advisors should watch nextFP Why AI might recommend your competitor instead of youFP Why clients are choosing phased retirement — and what advisors should know4K SPARK Forum Offering Scholarships for Retirement Plan AdvisorsFP What Schwab's new ETF platform fees mean for clients, advisorsWM RIA Platform Leaders Ask ‘What’s the Advantage in Having Your Own Form ADV?’IN Fake e-vite phishing scams put high-net-worth clients at riskRB Rick Wurster says Schwab is tackling its forced rationing of long/short SMAs with proprietary 'offering' to stretch balance sheet, but it may be more about a fee upside, a long/short manager saysIN Fintech bytes: 55ip, Vise, Syntax push tax-smart tools for RIAs

Monday, October 19, 2026

The Morning Edition

THE RECRUITING SCOREBOARD · OCT 12–18, 2026
The Recruiting Scoreboard, Oct 12–18, 2026
01Janney 2 teams in+$6.8B
02CAPTRUST 1 team in+$3.0B
03LPL Financial 2 teams in+$1.6B
04Kingswood U.S. 1 team in+$1.4B
05Ameriprise 1 team in+$1.2B
In the week of Oct 12–18, 2026, the Financial ADVSR Moves tracker recorded 18 advisor moves with $18B in reported client assets and 12 firm deals. Janney led recruiting with $6.8B in net reported assets across 2 incoming teams. Raymond James had the largest net outflow, $8.2B. Between channels, wirehouses were net losers of 4 teams (−$1.6B).
MARKETS IN 5
Tech and chip stocks led US indexes lower on Friday
STOCKS
Major US indexes fall as tech selloff deepens
SECTORS
Chip stocks extend losing streak to eight sessions
RATES
Ten-year Treasury yield eases to 5.09%
THE FED
Traders ease Fed rate-hike bets after Warsh remarks
GLOBAL
Nikkei falls 1.8% as Wall Street losses spread
Miles Ashford, Markets Correspondent · Read it in five minutes
FROM THE NEWSROOM
Social Security summit to open Protectors Vegas in November
NARSSA will host its first Social Security summit on opening day of the NAIFA-powered Protectors Vegas event, November 9 to 11 at The Venetian in Las Vegas.
Nora Kessler, Practice & Technology Correspondent
THE WIRE
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HOW IT WORKS
Who pays Winthrop & Co.? Never the advisor.
Paid by the firm the advisor joins, on a completed move. No retainer, no hourly fee, no success fee.
HOW WE ARE PAID

Past editions

  1. Elevation Point takes minority stake in ex-UBS Truing Capital team
  2. XYPN launches search for successor to president Vince Hockett
  3. Janney won last week in advisor recruiting
  4. Advisor moves, week of Oct 5–11, 2026: 16 moves, $1.1B Praxis team to LPL
  5. T. Rowe Price adds more than 50 client-facing roles in advisor push
  6. &Partners recruits two UBS regional leaders to head its wealth businesses