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 |
|---|---|---|---|---|
| Vanessa Jayne Stevens | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 09-13-2019 |
| Harsh Bardhan Jayaswal | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $50 | 09-13-2019 |
| Mitchell Richard Green | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $100 | 06-19-2019 |
| Caroline Magrish Calder | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 03-08-2019 |
| Scott Joseph Schoenberg | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $100 | 08-07-2017 |
| Thomas Herring Steele | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 08-07-2017 |
| Stephen Eric Malone, Tommy Thomas Mills, James Douglas Krantz, Crawford Williamson Long IV | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $100 | 08-04-2017 |
| Robert Eugene Boisvert | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 05-15-2017 |
| Glenn Thomas Ferrell, James Greer Brown, John D Rose | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $25 | 03-29-2017 |
| Lisa N. Lubar | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 03-13-2017 |
| Carla Denise Erikson | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $100 | 03-03-2017 |
| Lisa Robin Rinzler-Lubel | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 03-03-2017 |
| Michael R Schak | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 03-03-2017 |
| Ronald Barry Nadel | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $100 | 12-02-2016 |
| Karen Sue Tekulsky | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 12-02-2016 |
| Martin Michael Neary | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $150 | 08-12-2016 |
| Shu Zhang | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 06-10-2016 |
| Kevin Bruce Miller | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $200 | 06-03-2016 |
| William Dale Patrick, Bryan Christopher Johnson | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $150 | 06-03-2016 |
| Theodore Michael Altholz, Peter Dewitt Martin | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 05-13-2016 |
| Nicholas Yves Terlonge | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 04-18-2016 |
| Stephen G. Takacs | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 01-21-2016 |
| Elizabeth Muse Layne | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $100 | 01-15-2016 |
| Bradley Alan Cull | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | $50 | 07-24-2015 |
| Matthew Stanley Sinon | Morgan Stanley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | — | 10-10-2014 |
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.
