Monday, October 26, 2026The Morning EditionOpen AtlasSign inJoin free
FinancialADVSR

Est. 2026The front page of wealth managementNew York

The Morning EditionFree · 6:30 AM ETSubscribe
IN Digital asset custody reshapes how banks compete in tokenized financeIN Fidelity's $100M custody minimum forces small RIAs to pick a pathIN Wealth firms report organic growth rebound, but process gaps persistIN Shareholder support rebounds even as proxy proposals hit new lowIN AI governance gaps leave RIAs exposed to a new wave of cyber threatsIN Home affordability crisis deepens as mortgage rates and hidden costs riseFP Year-end tax planning: 5 moves advisors should review with clients4K 55ip Expands Unified Managed Accounts with BlackRockRB Schwab trumpeted Anthropic's Claude for all 16,000 of its RIAs, but a 20-seat enterprise minimum suddenly sidelines 11,000-plus small firms -- right before IMPACT 20264K Social Security Database Cleanup Corrects 50 Million Records

Monday, October 26, 2026

The Morning Edition

THE RECRUITING SCOREBOARD · OCT 19–25, 2026
The Recruiting Scoreboard, Oct 19–25, 2026
01Latigo Peak Partners 1 team in+$19B
02Osaic 2 teams in+$2.9B
03RBC 1 team in+$1.0B
04Elevation Point 1 team in+$750M
05Raymond James 1 team in+$700M
In the week of Oct 19–25, 2026, the Financial ADVSR Moves tracker recorded 15 advisor moves with $26B in reported client assets and 8 firm deals. Latigo Peak Partners led recruiting with $19B in net reported assets. J.P. Morgan had the largest net outflow, $19B. Between channels, wirehouses were net losers of 2 teams (−$1.8B).
MARKETS IN 5
Oil worries weigh on stocks as Fed meeting nears
STOCKS
S&P 500 slips to second straight weekly decline
COMMODITIES
Brent settles at $116.72 after Houthi attacks
THE FED
Fed expected to hold rates steady on Wednesday
RATES
Ten-year Treasury yield closes Friday at 5.00%
EARNINGS
Deckers and Infosys fall on revenue miss and outlook cut
Miles Ashford, Markets Correspondent · Read it in five minutes
FROM THE NEWSROOM
Syntax links direct indexing engine to Schwab's iRebal rebalancing platform
Syntax says its Direct indexing engine now connects to Schwab Advisor Services' iRebal rebalancing platform, with index models passed by API.
Nora Kessler, Practice & Technology Correspondent
THE WIRE
ADVERTISEMENT
WINTHROP & CO.
FORGIVABLE LOANS
Negotiating a forgivable loan: the terms that actually move
Forgiveness cadence, carve-outs, production thresholds and jurisdiction, in the order to ask for them.
READ THE ANALYSIS
HEAT INDEX · 24 HOURS
1. J.P. Morgan 1 story
2. BlackRock 1 story

Past editions

  1. Latigo Peak Partners won last week in advisor recruiting
  2. Claude for Financial Advisors comes with a 20-seat Enterprise floor
  3. Fired as a financial advisor: what your Form U5 will say, and the clocks that start the day you leave
  4. Elevation Point takes minority stake in ex-UBS Truing Capital team
  5. XYPN launches search for successor to president Vince Hockett
  6. Janney won last week in advisor recruiting
  7. Advisor moves, week of Oct 5–11, 2026: 16 moves, $1.1B Praxis team to LPL
  8. T. Rowe Price adds more than 50 client-facing roles in advisor push
  9. &Partners recruits two UBS regional leaders to head its wealth businesses