NewEdge Wealth has opened its 20th office nationwide in Houston, anchored by a former Bernstein Private Wealth Management team managing $2.2 billion in ultra-high-net-worth client assets.

Independent Financial Group has recruited multiple advisory teams representing more than $1 billion in combined client assets, marking another significant expansion of the firm's advisor network.

UBS has recruited the Stanley Edwards Group out of Morgan Stanley in Cincinnati—a $300 million practice generating $2.5 million in annual revenue—extending the wirehouse recruiting battle into Ohio.

Prospera Financial Services added Chris Palmer's Abound Advisors while Raymond James welcomed the Burklow-led Seven Arrows Wealth, bringing on a combined more than $550 million in client assets as the competition for experienced advisors intensifies.

Rockefeller Capital Management's spring recruiting streak is extending through the summer, adding a six-advisor Merrill Lynch team overseeing $2.1 billion to open a new Columbus, Ohio office.

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.

Merrill Lynch recruited a six-advisor Morgan Stanley team overseeing $13 billion in institutional assets in the Boston area, according to an AdvisorHub report.

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.

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.

A veteran UBS advisory team overseeing approximately $3.5 billion in client assets has left the wirehouse to launch an independent registered investment advisor in San Francisco.