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April 22, 2026
2026 Transition Report Discussed
By Peter Saalfield
The number of experienced financial advisors who changed firms or models rose to the highest annual total since 2022, when Diamond Consultants began tracking the moves.
![]()
April 22, 2026
2026 Transition Report Discussed
By Peter Saalfield
The number of experienced financial advisors who changed firms or models rose to the highest annual total since 2022, when Diamond Consultants began tracking the moves.
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UBS is increasing its recruiting efforts, offering top advisors deals of up to 550% of annual revenue while targeting experienced private bankers.
Advisors at some of the largest firms in the country are leaving, and not in a trickle. In 2024 alone, more than 9,600 experienced advisors changed firms, according to industry data from Diamond Consultants.
June 12, 2026Louis Diamond QuotedBy Andrew Cohen Median compensation for financial planners reached $195,000 in 2025, marking a 15% year-over-year