Volatility, according to Merriam-Webster, is defined as something that is “likely to change in a very sudden or extreme way.”
That’s certainly an appropriate descriptor for stock markets throughout August and September. We have repeatedly been asked if these unpredictable market swings have a negative impact on financial advisors moving to new firms.
The answer: A resounding “No!”
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
