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 |
|---|---|---|---|---|
| Kenneth Homer Kubik | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $150 | 10-23-2009 |
| Stephen Michael Callari | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $150 | 10-23-2009 |
| Douglas Isaac Schwartz | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $150 | 10-23-2009 |
| George Albert Lopes | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $100 | 10-23-2009 |
| Roy Alexander Cook | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $100 | 10-23-2009 |
| Dennis Thomas Kruk | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $100 | 10-23-2009 |
| Dendy Leigh Pappas | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $50 | 10-23-2009 |
| David Blaine Ammerman | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $50 | 10-23-2009 |
| Michael Brian Works | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $50 | 10-23-2009 |
| Warren Judson Scroggie | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $50 | 10-23-2009 |
| Jack Louis Heiss IV | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $25 | 10-23-2009 |
| Thomas Michael McKeon Jr. | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $25 | 10-23-2009 |
| Eric Sebastian Sidor | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $10 | 10-23-2009 |
| Shaun Michael Lobeck | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $10 | 10-23-2009 |
| Stamatis Anestis Valaes | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | — | 10-23-2009 |
| Edward Michael Cahill | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | — | 10-23-2009 |
| Peter Michael Panchura | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | — | 10-23-2009 |
| Scott David Erickson | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | — | 10-23-2009 |
| Joseph Giaquinto Jr. | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | — | 10-23-2009 |
| John David Firestone Jr. | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | — | 10-23-2009 |
| David Curry Cross | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | — | 10-23-2009 |
| Theodore James Latimer | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | — | 10-23-2009 |
| Michael Ronald Cischke | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | — | 10-23-2009 |
| William Roland Groom | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | — | 10-23-2009 |
| Frank Everett Davis | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | — | 10-23-2009 |
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.
