Lpl Financial

Published WirehouseHUB stories filed under Lpl Financial.

• LPL Recruits Praxis Financial Partners’ $1.1B FiNet Team in Alpharetta

  LPL Financial said Monday that Praxis Financial Partners, an Alpharetta, Georgia planning practice that had been affiliated with Wells Fargo Advisors Financial Network, has moved onto LPL’s broker-dealer and registered investment adviser platforms with about $1.1 billion in advisory, brokerage and retirement-plan assets. left Wells Fargo FiNet, joined LPL, Alpharetta, $1.1B

• UBS Holds Its Grid Flat for 2027 While Morgan Stanley Hikes Revenue Hurdles 10%

  If you're fielding calls from UBS or considering a move there, the grid stability is real — but the real money is in the new succession advance, the 25% NNA bonus, and the banking services kicker. Run those numbers against what Morgan Stanley's tighter hurdles actually cost you before you decide anything.

• Patrick Rowland & Jacob Sullivan Exit Wells Fargo FiNet, Bring $744M Practice to &Partners

  &Partners is systematically pulling established wirehouse and FiNet practices by offering full independence without the infrastructure headaches. If you're eyeing the exit from Wells Fargo's network, this is the template: stage an internal move first, test the independent model, then cut the cord entirely.

• Patrick Rowland & Jacob Sullivan's $744M Team Exits Wells Fargo for &Partners, Becoming Firm's 127th Practice

  &Partners is systematically harvesting Wells Fargo talent—this is the third significant Missouri-area or Wells-origin team in under a year, signaling a direct pipeline that wirehouse retention teams can no longer ignore.

• James Carlson & Kevin Herron's Redstone Wealth Group Exits UBS for Wedbush, Bringing $500M in AUM to Greensboro

  Wedbush is writing real checks to pull established wirehouse teams into the Southeast — if your UBS branch is seeing restlessness, this move signals the competitive pressure is no longer theoretical. Redstone Wealth Group, left UBS, joined Wedbush, $500M

• What Wells Fargo’s Trading Outages Mean for Advisor Retention

  The outages do not prove a broader technology breakdown, but they give top-producing teams another reason to examine vendor resilience, backup execution and infrastructure control. What Wells Fargo team

• Harold 'Red' Le Sage Jr., Jeanette Mattiza & Madison Maggard Launch Le Sage Mattiza Maggard Wealth Management at Raymond James

  Raymond James is winning breakaway talent by offering the employee-channel structure wirehouses provide plus the brand flexibility and client-service autonomy that wirehouses can't match — a combination worth evaluating before your next contract renewal.

• Crown Legacy Wealth Exits Wells Fargo with $838M, Joining &Partners' Pacific Northwest Blitz

  &Partners is executing a systematic extraction of large Wells Fargo teams. If you're managing north of $500M at a wirehouse, your firm's retention desk is already under pressure — and your phone is about to ring.

• LPL Loses Chesterfield Team to Osaic in 'Full-Circle' Succession Play as UBS Quietly Builds Connecticut Scale

  LPL and Osaic continue trading blows in the independent channel while UBS executes a disciplined tuck-in strategy in the Northeast — advisors in both spaces need to know which model is winning the succession argument. left LPL, joined Osaic

• Jim Tucker & Patrick Bria Take $420M Tucker Bria Wealth Strategies from Commonwealth to Cetera

  Cetera is systematically harvesting Commonwealth's advisor base through Summit Financial Networks, offering custody flexibility that keeps established practices intact. If you know Commonwealth-affiliated advisors evaluating their next move, Cetera is making a compelling case—and closing fast. Tucker Bria Wealth Strategies, left Commonwealth, joined Cetera, $420M

• Raymond James Lands in Multi-Firm Recruiting Blitz as Industry Tallies $8B+ in Team Movement

  If you're fielding calls from recruiters right now, you're not alone — this cycle is unusually active, and the packages being floated for $1B+ producers are at multi-year highs. Know your number before you pick up the phone. $1.6B

• LPL Reels In $350M Florida Duo as UBS Counters with Morgan Stanley Defectors in Indiana

  Recruiting deal sizes are swelling and the geography is expanding—if you're a veteran team with $300M+ in AUM, you're a target right now, and the platforms competing for you are offering increasingly differentiated value propositions beyond just the check. left UBS, joined LPL, Florida, $350M

• UBS Wins $5.5M FINRA Award Against Advisor Terance Takyi After Promissory Note Default

  If you're sitting on a wirehouse forgivable loan, understand that the firm's legal team is prepared to pursue every dollar — courts and FINRA panels consistently side with the employer when promissory notes go unpaid. This case is a reminder that the recruiting bonus is never truly 'free money.'

• UBS, Raymond James, and Carson All Active in Recruiting Push as Inter-Wirehouse Movement Accelerates

  With UBS, Raymond James, and Carson all hunting advisor talent in the same cycle, established teams with clean books carry serious leverage right now — know your number before anyone calls. left UBS

• Carson Group Acquires $1.8B Wells Fargo FiNet Practice Doyle and Loughman Wealth Management

  Wells Fargo's FiNet channel is hemorrhaging multi-billion-dollar practices to aggressive RIA acquirers like Carson Group — if you're in that channel, expect a call soon, and know your leverage before you pick up.

• Merrill Pulls Morgan Stanley Advisors Into Chicago North & Nashville While LPL Raids Cetera Across Two States

  If you're at Morgan Stanley in Chicago or Nashville, expect a Merrill recruiter call soon—and if you're at a mid-size IBD like Cetera, LPL's checkbook is clearly open. The battleground is every major metro market, and transition packages are only getting richer. left Morgan Stanley, joined Merrill

• OneSeven Hits 22-State Footprint with 4-Year USA Today Win Streak, Intensifying Its Pitch to Wirehouse Breakaways

  If you're a wirehouse producer weighing independence, OneSeven's pitch has gotten materially stronger: 22-state infrastructure, four consecutive national rankings, AI-driven tech, and a leadership team that has lived the transition themselves. The enterprise-value monetization story is the hook that separates them from simple breakaway custodian platforms.

• Wells Fargo FiNet Poaches Second LPL Recruiting Exec as Independent Channel War Escalates

  FiNet is no longer playing defense. If you're an independent-minded wirehouse advisor—or an IBD rep weighing options—Wells Fargo is rebuilding its recruiting engine specifically to come after your book. Watch for elevated transition packages and infrastructure investment at FiNet over the next 12–18 months. left LPL, joined Wells Fargo FiNet

• Sheresky Samsen Group's $1.7B Practice Leaves RBC for Wells Fargo as Greenwich Team Picks Wirehouse Over Independence

  Wells Fargo is writing the biggest checks in the wirehouse recruiting market right now — if you're fielding a call from their team, they're serious and they're funded. Sheresky Samsen Group, left RBC, joined Wells Fargo, $1.7B

• UBS vs. LPL: The Wirehouse Recruiting War Heating Up in Mid-2025 as Both Firms Accelerate Advisor Acquisition

  If you're being recruited by both UBS and LPL simultaneously — which is increasingly common — understand that these firms are fishing in the same pond with fundamentally different rods. UBS is offering structured team infrastructure and a global HNW brand; LPL is offering equity-like economics and independence. The gap between those two value propositions is where your negotiating leverage lives.

• Kevin Daniels' $500M Tribute Financial Team Leaves United Planners for LPL — Plus Morgan Stanley Loses $800M Sports & Entertainment Trio to Citizens

  LPL's hybrid BD/RIA platform keeps pulling $500M+ independent teams away from smaller IBDs, and Morgan Stanley's sports and entertainment niche is now a confirmed recruiting target — both moves signal where assets are flowing in 2025. Tribute Financial, left United Planners, joined LPL, $500M

• LPL and UBS Each Land $1B+ Advisor Teams in Dual Recruiting Win

  Two $1B+ moves in one news cycle confirms that planning-focused teams and niche institutional specialists are the most aggressively recruited profiles in 2025 — if you have either, your phone should be ringing. $1B+

• RBC Poaches Its Own: Osaic's Recruiting Chief Kristen Kimmell Returns as West Divisional Director—A First for the Firm

  RBC just added a seasoned recruiter who spent five years studying how the independent channel attracts advisors. Expect the West Division to get more aggressive on transitions and retention offers. left Osaic, joined RBC

• RBC Poaches Back Osaic's Recruiting Chief Kristen Kimmell After 4-Year Independent Detour

  RBC is re-arming its recruiting operation with an executive who spent four years learning how the independent channel hunts advisors—that's a direct threat to every IBD and wirehouse competing for the same talent pool.