The latest deals in the news…
$1.24B AUM
Lincoln Financial to Commonwealth - May 2023
- Aegis Consulting
- Jacksonville, FL
- In the News: Florida firm overseeing $1.2 billion joins Commonwealth
$1B AUM
Merrill to Sanctuary Wealth – April 2023
- Burnham Harbor Private Wealth
- Chicago, IL
- In the News: Sanctuary adds $1bn Merrill team in Chicago
$1.5B AUM
Merrill to Sanctuary Wealth – February 2023
- Chappell Wealth Management
- Houston, TX
- In the News: Longtime Merrill Team With $1.5 Billion Decamps to Sanctuary
$2.5B AUM
Merrill to Rockefeller – January 2023
- The Jones Connolly Group
- Winter Park, FL
- In the News: Rockefeller Scoops up 3 Merrill Lynch Teams Producing $15.5M Combined
$1B AUM
Merrill to RIA / Goldman Sachs – October 2022
- Beverly Hills Private Wealth
- Beverly Hills, CA
- In the News: Goldman Sachs' Custody Adds $1B Breakaway Team
- Transition Announcement: $1B Merrill Breakaways Opt for New Goldman Sachs Custody Platform
$2.5B AUM
Robert W. Baird & Co. to Raymond James Financial – September 2022
- The Wise Investor Group
- Reston, VA
- In the News: Raymond James Entices $2.8 Billion Advisor Team From Baird
- Transition Announcement: $2.8B Baird Team Leaves for Raymond James
$1B AUM
Merrill to Sanctuary Wealth – September 2022
- Michael J. Mittman, Luke R. McKelvy, William A. Schellenberg / Auric Capital Partners
- Orange County, CA and Denver, CO
- In the News: Merrill Lynch Advisors With $1 Billion Exit to Join Sanctuary Wealth
- Transition Announcement: Merrill Advisors Team Up to Build $1B AUM firm with Sanctuary
$560mm AUM
Merrill to RBC – August 2022
- Brian C. Coatoam, Derek Grimm and Ryan Plank / Coatoam Wealth Management Group
- Winter Park, FL
- In the News: RBC Nabs Merrill Team in Florida with $560 Million Book
$770mm AUM
UBS to Sanctuary Wealth – August 2022
- Matt Murphy and Rebecca Baker / Marble Wealth
- Montgomery, AL
- In the News: Young UBS Team With $770 Million Goes Indie With Sanctuary
- Transition Announcement: Young $770mm UBS Team Opts for Independence with Sanctuary
$850mm AUM
UBS to Sanctuary Wealth – April 2022
- Richard Reyle and Gerry Spitzer / Questar Capital
- Paramus, NJ
- In the News: UBS Loses $850 Million Advisor Team to Sanctuary Wealth
- Transition Announcement: UBS Team with $850mm AUM Goes Independent with Sanctuary Wealth
$920mm AUM
Merrill to Raymond James & Associates – April 2022
- Mark Moyer / Moyer Wealth Management Group of Raymond James
- Zanesville, OH
- In the News: $6.5-Mln Merrill Family Team Jumps to Raymond James in Ohio
- Transition Announcement: Merrill Team with 152 Years LOS and $920mm AUM Moves to Raymond James & Associates
$900mm AUM
UBS to First Republic Private Wealth Management – November 2021
- Max Peckler
- Boston, MA
- In the News: First Republic Lands $7.5-Million UBS Producer in MA
- Transition Announcement: First Republic Private Wealth Management Welcomes UBS Advisor Managing Over $900mm
$1B AUM
Merrill to RBC – September 2021
- Stephen J. Groth, Patrick M. Cummings, Robert Chavez and Katrina R. Stump / RBC Wealth Management
- Portland, OR
- In the News: Merrill Lynch Loses $1 Billion Team To RBC
- Transition Announcement: $1B Merrill Team Leaves for Regional Firm
$850mm AUM
UBS to RIA / Pershing – September 2021
- Barry Mitchell / Next Level Private
- Harrison, NY
- In the News: Wirehouse Exit: $850 Million Team Quits UBS to Launch RIA
- Transition Announcement: $850mm UBS Advisor Breaks Away For Independence
$1.04B AUM
UBS to Wells Fargo Advisors – July 2021
- Lawrence E. “Larry” Smith / OnPointe Wealth Management of Wells Fargo Advisors
- Newport Beach, CA
- In the News: Wells Nabs $7-Million Team Led by 30-Year UBS Vet in Newport Beach
$740mm AUM
Truist/BB&T to Linsco – July 2021
- Kyle Smith and Mike Sandlin / SmithSandlin Wealth Planning
- Raleigh, NC
- In the News: Duo managing $740 million join LPL’s employee channel
$850mm AUM
Merrill Lynch to Raymond James Associates – May 2021
- Steven G. Williams and Kevin Townsend / Williams & Townsend Wealth Management Partners
- Salt Lake City, UT
- In the News: RayJay Lands $871 Mln-AUM Merrill Team
$650mm AUM
Merrill Lynch to LPL Financial Strategic Wealth Services – April 2021
- Josh Brown, Scott Thompson, Joel Gray and James “Jake” Cluverius Jr. / NorthEnd Private Wealth
- Greenville, SC
- In the News: $650m Merrill team starts LPL-affiliated shop
$1.25B
Merrill Lynch to Fidelity/Dynasty Financial – March 2021
- Samuel Liebman, Matt Liebman, Aaron Marks and Patrick Swift / Amplius Wealth Advisors
- Blue Bell, PA
- In the News: $1.25bn Merrill team sets up Philadelphia-area RIA
$3.3B AUM
Merrill Lynch to Morgan Stanley – September 2020
- Louis Meltzer, Jacob M. Dunn and Hadi Fakhoury
- New York, NY
- In the News: Morgan Stanley Picks Off Merrill Teams in NYC
$1.2B AUM
UBS to Raymond James & Associates – August 2020
- Jared Stricklin, Darryl Dunn and Robert Meeder / MDS Advisors
- Overland Park, KS
- In the News: Team managing $1.2 billion at UBS joins Raymond James
$1.2B AUM
UBS to Fidelity/Dynasty Financial Partners – June 2020
- Matt Kilgroe / Cyndeo Wealth Partners
- St. Petersburg, FL
- In the News: UBS $1.2 Billion Wealth Team Breaks Away to Open Firm in Florida
$500mm AUM
UBS to Rockefeller Capital Management – June 2020
- Shay Scruggs, Kevin Wright and Trenton Hollas
- Houston, TX
- In the News: UBS Brokers with $15-Mln Production Leave for Rockefeller, RBC and RayJay
$700mm AUM
UBS to Wells Fargo Advisors – May 2020
- Grant Minor, Ben Minor and William Minor
- Canonsburg, PA
- In the News: Wells Recruits $3.5-Mln UBS Family Team
$900mm AUM
Merrill Lynch to Raymond James (RJFS) – February 2020
- Neil Goetzman and Jeff Nau / Goetzman Nau Financial Partners
- Alexandria, VA
- In the News: $900M Independent Team Leaves Merrill Lynch For Raymond James
$2B AUM
Goldman Sachs to Morgan Stanley – September 2019
- David Midgley, Sarem Mukhtar and Michael Vint
- Seattle, WA
- In the News: Morgan Stanley Lands $10-Million Goldman Team in Seattle
$700mm AUM
Merrill Lynch to Rockefeller Capital Management – July 2019
- Neil Rubenstein and James Sandfort / Enclave Wealth Advisors
- Dallas, TX
- In the News: Rockefeller adds five ex-Merrill advisors in Dallas
$372mm AUM
Merrill Lynch to Raymond James Financial Services – July 2019
- Lee Henderson and George Hutter / Henderson Hutter Group
- New Orleans, LA
- In the News: Merrill Lynch Team Bolts for Raymond James
$275mm AUM
Merrill Lynch to Sanctuary Wealth – June 2019
- Terry Murray and Brian Westcoat / Enclave Wealth Advisors
- Walnut Creek, CA
- In the News: $275m Merrill Lynch team breaks away
$450mm AUM
Merrill Lynch to Schwab / Dynasty Financial Partners – May 2019
- Craig Robson / Regent Peak Wealth Advisors
- Atlanta, GA
- In the News: New Wealth Management Firm Joins Dynasty Financial Partners
$1.5B AUM
NorthRock Partners and New York Private Bank & Trust – April 2019
- Strategic Investment
- Minneapolis, MN
- In the News: New York Private Bank & Trust Forms Strategic Partnership With NorthRock Partners
$930mm AUM
Merrill Lynch to Fidelity / Dynasty Financial Partners – August 2018
- Michael Henley / Brandywine Oak Private Wealth
- Kennett Square, PA
- In the News: At 34, and Top-Rated by Forbes, Merrill Advisor Forms His Own Wealth Firm
$1.4B AUM
Goldman Sachs to Schwab / Dynasty Financial Partners – October 2018
- Gary Hirschberg / Aaron Wealth Advisors
- Chicago, IL
- In the News: Goldman Sachs Breakaway: Clients Love My Move … And They’re Following Me
$2.5B AUM
Goldman Sachs to First Republic WM – January 2018
- Matt Babrick and James Wilcox
- Los Angeles, CA
- In the News: First Republic welcomes new managing directors
$800mm AUM
LPL Financial to Focus Financial Partners – January 2018
- Cornerstone Wealth Partners
- Huntersville, NC
- In the News: After blockbuster 2017, Focus Financial nabs $800M LPL team
$800mm AUM
LPL Financial to Mutual Securities – January 2018
- Mark Cortazzo / MACRO Consulting Group
- Parsippany, NJ
- In the News: Mark Cortazzo leaves LPL after five years
$1B AUM
UBS to Merrill Lynch – June 2017
- Joe Gabriele and Paul Vasady-Kovacs
- New York, NY
- In the News: Merrill poaches prominent $1bn team from UBS
$900mm AUM
Merrill Lynch to UBS – November 2017
- Rod Loewenthal
- Chicago, IL
- In the News: $900M team leaves Merrill Lynch for UBS
$610mm AUM
Merrill Lynch to RBC – October 2017
- Larry Prutch, Cengiz Volkan, Alan Goldstein, Neil Fujita and George Castrillon / PVG Group
- Palos Verdes, CA
- In the News: RBC nabs $610M Merrill Lynch team, opens new office