Advisor News Network — Wealth Management Intelligence
- UBS's First Green Shoot: Does $8.6M Merrill Hire Signal Recruiting Thaw?
- Another Brick Out of the Wall: $600M Team Departs Ameriprise for RIA Integrated
- Valuations: Comparing a W-2 Bank Deal vs. The Independents
- The 500%+ Deal Isn't the Outlier — It's the New Floor
- Rockefeller Adds $3B Merrill Team, $2B UBS Team in Spring Hiring Push
- Wells Fargo Woos $19M Morgan Stanley NYC Team With RIA Ambitions
- Another $1.9B Team Bolts Ameriprise as StackStone Wealth Launches Its Own RIA
- Morgan Stanley's 50-Basis-Point Crypto Launch Just Reset the Pricing Debate
Markets Wrap
The $100B Question: Why Are the Majority of $10M+ Wirehouse Teams Landing at Wells Fargo?
Of the last 25 teams managing $10M or more in trailing-12-month production to make a move, 15 of them — a full 60% — landed at either Wells Fargo Advisors or Wells Fargo FiNet.
Wells Fargo Lands $1.7 Billion RBC Team as Recruiting Momentum Continues
Wells Fargo Advisors recruited The Sheresky Samsen Group from RBC Capital Markets, a Greenwich, Connecticut team overseeing more than $1.7 billion in client assets, extending one of 2026's strongest recruiting runs.
Morgan Stanley Nabs $1.5B J.P. Morgan Team in NYC
Morgan Stanley recruited TruCore Advisors, a J.P. Morgan Securities team managing approximately $1.5 billion in client assets, signaling a more aggressive recruiting posture.
Custodians & Independents
LiveMerrill's $8M / $1.3B Rising Star Lands at Morgan Stanley After Fierce Recruiting Battle
Shyan Ardalan, a 35-year-old Merrill advisor managing roughly $1.3 billion in Los Angeles, left for Morgan Stanley after spending his entire career at the Thundering Herd.