You may think jumping from one wirehouse to another is like moving to the familiar house next door, with no hassles and little due diligence necessary. But any move, including one where there are preconceived expectations and a lucrative transition package, should move the needle in a positive way for your business. While these opportunities to leave may be enticing, advisors should consider all aspects of a move, including how it will impact their business, clients and life.
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
