The Move Desk 12 stories this week · 65 total

The threshold counts assets held at Fidelity, not total firm AUM, and the notice went directly to affected firms.

Spire's advisors keep their own brands as independent contractors, and both advisors and employees become eligible for Concurrent equity after a year.

The three-adviser book spans advisory, brokerage and retirement plan assets; the announcement does not disclose transition terms.

Jeffrey Cullman and Bruce Holt join a Dublin, Ohio practice that held $2.5 billion as of December, while the hiring report cites their team at both $1.3 billion and $1 billion.

The $1 billion team's three principals all came to Truist through the BB&T side.

A source says they must decide by October 1; Wells says the move fits a shift toward larger, higher-producing branch complexes.

The pair produced $7.5 million against the $10 million bar for a 16-year package paying 550% of revenue, on a book sources put at $575 million to $1.2 billion.

The pair’s $7.5 million production fell short of the $10 million minimum for a 16-year offer paying 550% of revenue, while sources put the book between $575 million and $1.2 billion.

The platform build Naureen Hassan is leading will set two prices for UBS's 6,000 brokers: what a team costs to recruit and what a book is worth at retirement.

Retention cash arrives once and is taxed once; the RIA equity it now competes with gets priced by the next transaction, and Ameriprise's own CEO has already written the test for which payment survives.

As Morgan Stanley raises thresholds 10% and Cresset pulls a $4 billion UBS team, UBS's 2027 plan bets a compounding annual payout can beat an upfront check.

An unchanged 2027 payout grid and a funded 25% growth bonus leave UBS advisors comparing a cash advance against a repayment obligation — and force competing RIAs and recruiters to quote the whole move.

Four teams and $10 billion or more out of Ameriprise this year make the Schwab-Dynasty playbook the template for any advisor weighing independence, custodian and package structure at once.

Schwab's Anthropic deal brings scale and a $240 seat; Altruist's lead is measured in years, and firms switching now are already choosing sides.

The same book now trades in two markets, and only one of them seats the advisor who built it.

Winstone's exit gives advisors weighing independence a benchmark: platform equity and a license to buy, set against what the employee-channel seat pays.

Equity in the buyer is the package line that decides whether a breakaway keeps compounding after the signing.

Gateway Financial Partners picks up a group that kept its LPL affiliation by changing supervisors, not platforms.

The first 2027 wirehouse plan lifts production hurdles 10% and prices a 30-year advisor's exit above the top of its own payout grid.

The Minneapolis team kept its clients and its fee schedule; everything else it now rents from one custodian.

More than a thousand registered reps left in the year consolidation ended, and the terms a sitting Osaic advisor can still negotiate are the part of the story that pays.

An OSJ's move reprices the practices inside it; the advisors who stayed just published the math for everyone else.

Two wirehouses spent the same week describing opposite hiring strategies, and the difference tells advisors where a transition check is still on the table.

NewEdge's 22nd office adds $1.25 billion in client assets and eight people to a platform built for multi-generational books.

Consolidators can buy a book; the week showed they cannot buy the advisors who run it, and the recruiting market is repricing on that difference.

A two-year search that weighed Rockefeller and LPL ended at Raymond James' employee channel, the clearest recent test of West Coast recruiting economics.

The no-fee policy is the right answer to a custody market edging closer to the client; the service record behind the promise is still unproven.

Fee hikes and routing rules turn mass-affluent advisors into RIAs' next recruiting class—if the destination firm can serve the clients.

Two teams carrying $950 million left Stifel and Morgan Stanley for Rockefeller, the latest evidence that advisors now price platform ownership above retention dollars.

The release confirms a 17-year Merrill veteran chose independence, but offers none of the numbers an advisor would need to model a similar move.

For advisors weighing hybrid platforms against independent custody, the hire tests whether relationship quality, not payout grids, decides the next platform competition.

A five-adviser Wisconsin firm with Medicare and benefits desks is putting the independent-network choice to a sharper test.

The platform's cash-sweep economics, built on disclosed revenue splits with Carson, Mariner, and Focus, now sit under a private equity owner

The $838 million Crown Legacy move is small next to the wirehouse's own wins, but a year of serial departures backed by equity and platform capital tells a different story.

A family practice that ran its own RIA in the 2000s chose LPL's scale over independence, resetting the benchmark for breakaway economics.

A 16-person Boca Raton team traded the wirehouse for a family-office model, and the math on ultra-high-net-worth moves just shifted.