2021 represented an extraordinary year of success in the wealth management industry.
While advisors demonstrated creativity in how they increased revenue, served clients and managed their businesses, increased competition for top talent made it a “seller’s market” for those seeking new partners and models.
It set in motion a trend of movement that once again reached historic levels.
We’re proud to have helped so many advisors and teams find their best business lives and look forward to a new year destined to be as active as the one that preceded it.
Below is just a sampling of publically announced transitions completed in 2021. For more information, please contact us.
Brad Bruce, Joanna Horton, April Bierle and Cheryl McCarson
Merrill Lynch > Sanctuary Wealth Partners AUM: $1,220,000,000
Matt and Sam Liebman and Aaron Marks
Merrill Lynch > RIA Launch (Dynasty Financial Partners/Fidelity) AUM: $1,200,000,000
Hammond Han, Guillermo Garcia and Nona Avetisyan
UBS > Morgan Stanley AUM: $1,190,000,000
Patrick M. Cummings, Stephen J. Groth, Robert V. Chavez and Katrina R. Stump
Merrill Lynch > RBC Wealth Management AUM: $1,000,000,000
Ben Archer and Matt Lang
UBS > Morgan Stanley PWM AUM: $1,000,000,000
Max Peckler
UBS > First Republic AUM: $900,000,000
Barry Mitchell
UBS > RIA Launch (Pershing) AUM: $850,000,000
Kevin Townsend, Steven G. Williams, Steven Ray Williams and Pam Fisher
Merrill Lynch > Raymond James & Associates AUM: $850,000,000
Larry Smith, C. Scott Sutcliff, Linda Lyons and Alexandra Nichols
UBS > Wells Fargo Private Client Group AUM: $800,000,000
Ted Hamstra
Merrill Lynch > William Blair AUM: $700,000,000
Kyle Smith and Mike Sandlin
Truist Advisor Services > LPL Linsco AUM: $700,000,000
Josh Brown, Scott Thompson, Joel Gray and James Cluverius
Merrill Lynch > LPL SWS AUM: $650,000,000
Ryan and John Birkhauser
Merrill Lynch > RBC Wealth Management AUM: $450,000,000
Jake Schlicht and Chad Goodchild
Merrill Lynch > RIA Launch (TruClarity/Schwab) AUM: $350,000,000
Monish Verma
UBS > RIA Launch AUM: $300,000,000
Kreg Urquhart
UBS > Stifel Nicolaus AUM: $175,000,000
Nathaniel Langley
Avantax > Commonwealth Financial Network AUM: $140,000,000
Charles Brown
Mass Mutual > NewEdge Advisors AUM: $140,000,000
