January 24, 2022
By Alex Padalka
Wealthcare said it grew its client assets by more than half a billion dollars last year, bringing its total to $4.8 billion.
The firm — a business unit of Financeware, a NewSpring Holdings platform company — also says it brought on 18 new advisors during last year, bringing its total to more than 165.
Among those who joined Wealthcare in 2021 were Ayad Amary, who joined Wealthcare from TIAA-CREF.
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
