{"id":660777,"date":"2026-10-29T16:16:11","date_gmt":"2026-10-29T16:16:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/660777\/"},"modified":"2026-10-29T16:16:11","modified_gmt":"2026-10-29T16:16:11","slug":"employee-firms-win-big-in-billion-dollar-team-moves","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/660777\/","title":{"rendered":"Employee Firms Win Big in Billion-Dollar Team Moves"},"content":{"rendered":"

Over the last three months, the largest advisor teams have moved to a number of channels in the wealth management space, but employee firms, excluding the four wirehouses, have been the biggest beneficiaries of that movement, according to an analysis by Winthrop & Co., a transition consultancy.<\/p>\n

From July 23 to Oct. 22, 2026, a total of 38 $1 billion-plus teams and advisors changed firms, representing at least $78 billion in reported assets.<\/p>\n

Some 15 of those moves and at least $33.2 billion in assets were captured by employee firms, including Raymond James & Associates, Cresset, Janney, NewEdge Wealth, &Partners, Stifel and RBC Wealth Management.<\/p>\n

That was followed by the wirehouse channel, which captured six of those large teams with at least $19.5 billion in client assets, according to Winthrop.<\/p>\n

Winthrop compiled the analysis from publicly reported advisor and team moves in wealth management trade publications or announced by the firm the team joined.<\/p>\n

Related:The Diamond Podcast for Financial Advisors: The Wirehouse Talent Battle<\/a><\/p>\n

Robert Noe Jr., co-founder and CEO of Winthrop, said his firm is starting to see more of the larger teams funnel into the independent RIA channel. That channel saw six of these $1 billion-plus moves and $9.7 billion in assets during the three-month period.<\/p>\n

That included the launch of Blue Horizon Equity<\/a> on Cetera Financial\u2019s Blueprint RIA platform, with over $3.5 billion in assets under administration and almost 50 advisors. Xcelsior Advisor Partners, an independent RIA, added Reeg Private Wealth, a former Baird team, with more than $1.4 billion in client assets.<\/p>\n

The independent broker\/dealer channel added six of these large teams, representing at least $8.1 billion.<\/p>\n

Winthrop breaks out Rockefeller Capital Management into its own category, and reported three moves with at least $4.2 billion in assets during the three months. That included the addition of Jones Wealth Partners<\/a>, a 14-person team in Ohio, to Rockefeller Global Family Office, from Merrill Lynch.<\/p>\n

Raymond James was the top winner of billion-dollar teams, with four moves and $8.7 billion in assets during the period, followed by RBC, with four moves and $5.5 billion in assets. Merrill was also a big winner, with three moves representing at least $15.4 billion, according to Winthrop.<\/p>\n","protected":false},"excerpt":{"rendered":"Over the last three months, the largest advisor teams have moved to a number of channels in the…\n","protected":false},"author":2,"featured_media":660778,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[114,268,85,46,266,267],"class_list":["post-660777","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-il","tag-israel","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/660777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=660777"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/660777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/660778"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=660777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=660777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=660777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}