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 |
|---|---|---|---|---|
| Adam Jay Bornstein | Merrill Lynch, Pierce, Fenner & Smith Incorporated | UBS Financial Services Inc. | — | 10-01-2010 |
| Alec J. Moulton | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Morgan Stanley | — | 01-19-2018 |
| Andrew Huston McGuire | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Plante Moran Financial Advisors | — | 12-20-2018 |
| Andrew Marshall Smith | Merrill Lynch, Pierce, Fenner & Smith Incorporated | L.M. Kohn & Company | — | 07-11-2013 |
| Anthony C Grose | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Chase Investment Services Corp. | — | 01-23-2012 |
| Anthony Costanzo | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Scottrade, Inc. | — | 08-25-2015 |
| Anthony Michael Collica | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Chase Investment Services Corp. | — | 05-03-2010 |
| Anthony Michael Shaieb | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Funds Distributor, LLC | — | 09-23-2014 |
| Antonino Aluia | Merrill Lynch, Pierce, Fenner & Smith Incorporated | MetLife Securities Inc. | — | 12-02-2016 |
| April M. Armstrong | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Edward Jones | — | 01-24-2014 |
| Aroson M. Randle | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Securian Financial Services, Inc. | — | 05-21-2019 |
| Austen Nathaniel Stewart | Merrill Lynch, Pierce, Fenner & Smith Incorporated | J.P. Morgan Securities LLC | — | 06-20-2019 |
| Barry William Barber | Merrill Lynch, Pierce, Fenner & Smith Incorporated | UBS Financial Services Inc. | $25 | 02-19-2016 |
| Benson S. Frost | Merrill Lynch, Pierce, Fenner & Smith Incorporated | LPL Financial LLC | — | 05-08-2018 |
| Bradley C. Berger | Merrill Lynch, Pierce, Fenner & Smith Incorporated | NYLIFE Securities LLC | — | 07-19-2013 |
| Bradley Joseph Mikolajczyk, Nicholas John Kozak | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Morgan Stanley | $25 | 10-01-2010 |
| Branden Jennings Minuth | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Morgan Stanley | — | 01-04-2011 |
| Brian Murray Bell | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Morgan Stanley | — | 06-19-2009 |
| Bruce Kendall Ballard, Shaun Michael Kosnik | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Morgan Stanley | $100 | 12-02-2016 |
| Bryan Charles Kohn | Merrill Lynch, Pierce, Fenner & Smith Incorporated | MetLife Securities Inc. | — | 12-03-2015 |
| Cary Nye Wieting | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Morgan Stanley | — | 10-01-2010 |
| Christopher Camden Johnson | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Morgan Stanley | — | 09-11-2015 |
| Christopher George Malley | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Banc of America Investment Services, Inc. | $150 | 10-23-2009 |
| Cody James Johnson | Merrill Lynch, Pierce, Fenner & Smith Incorporated | PNC Investments | — | 11-12-2015 |
| Dana M Arluna Jr. | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Raymond James & Associates, Inc. | $10 | 02-08-2010 |
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.
