Advisers on the Move
Never miss a move. The industry's only comprehensive database of financial advisers and brokers changing firms. View over a decade of recruiting activity at wirehouses, regional brokerages, RIAs and independent broker-dealers.
Considering changing firms, making a new hire or exploring an acquisition? Visit the Adviser Center.Recruiting Scoreboard (Q4 2019)
Recruiting Gains
Recruiting Losses
Net Gains
Net Losses
| Firm | Total Moves |
| 1. FSC Securities Corporation | 64 |
| 2. Merrill Lynch, Pierce, Fenner & Smith Incorporated | 38 |
| 3. Wells Fargo Clearing Services, LLC | 30 |
| 4. Morgan Stanley | 23 |
| 5. AXA Advisors, LLC | 15 |
Latest moves
| Adviser(s) | Firm joining | Firm leaving | AUM ($M) | Date |
|---|---|---|---|---|
| Carl Michael Ferrazza | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | $50 | 09-03-2013 |
| Frank Arthur Shattuck | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | $50 | 09-03-2013 |
| Carl Joseph Camillo | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | $50 | 09-03-2013 |
| George Daniel Smith III | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | $50 | 09-03-2013 |
| Harlan Vincent Miller | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | $50 | 09-03-2013 |
| Mark Wayne Hicks | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | $50 | 09-03-2013 |
| Jeffrey Charles Knox | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | $25 | 09-03-2013 |
| Jeffrey Robert Mariea | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | $25 | 09-03-2013 |
| Austin John Linden III | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | $25 | 09-03-2013 |
| James Fredrick Henyey | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | $25 | 09-03-2013 |
| Dennis Charles Fox | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | $10 | 09-03-2013 |
| William Eugene Ward | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | — | 09-03-2013 |
| Geoffrey Francis Novack | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | — | 09-03-2013 |
| Michael Francis Cleary | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | — | 09-03-2013 |
| William Bradley Montgomery | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | — | 09-03-2013 |
| Jeffrey David Colvin | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | — | 09-03-2013 |
| Anthony Jay Cisco | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | — | 09-03-2013 |
| Maureen Elizabeth Beno | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | — | 09-03-2013 |
| David R. Peters | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | — | 09-03-2013 |
| Stephen William Edkins | Cetera Advisor Networks LLC | Walnut Street Securities, Inc. | — | 09-03-2013 |
| Melissa Joy Reider | Financial Management Strategies, Inc. | Walnut Street Securities, Inc. | — | 07-02-2013 |
| Robert Alan Billstein | Independence Capital Co., Inc. | Walnut Street Securities, Inc. | — | 10-20-2009 |
| William Gerard McKenna | Provenance Wealth Advisors | Walnut Street Securities, Inc. | — | 04-08-2013 |
| Michael Jay Rosenberg | Royal Alliance Associates, Inc. | Walnut Street Securities, Inc. | $200 | 07-05-2013 |
| Dennis Todd Rife | Royal Alliance Associates, Inc. | Walnut Street Securities, Inc. | $200 | 07-05-2013 |
Disclaimer & Methodology: The InvestmentNews Advisers on the Move database is designed to capture all recruiting activity of retail financial advisers/teams of advisers as they move from one firm to another. The activity recorded within the database comes from a number of sources, including InvestmentNews and other media reports; press releases; direct submissions that have been reviewed by InvestmentNews; and regulatory filings. To qualify as a move, no more than 60 days can have elapsed between the date an adviser/team leaves one firm and the date they join another. Any adviser registration changes that came as a result of merger & acquisition activity are not recorded as moves in the database. Finally, please note that all AUM data is user-submitted and is not audited by InvestmentNews or any regulatory agency. When AUM data is unavailable, a “ — “ is listed in the record’s AUM field entry. All data and information is the property of InvestmentNews LLC and is protected by copyright and other intellectual property laws. All rights are reserved by InvestmentNews LLC. Data may only be viewed on InvestmentNews.com and can not be resold, republished, redistributed, sublicensed, or copied for any other use without the permission of InvestmentNews LLC.
