In the larger of the moves, a duo managing $1.2 billion in assets joined Stifel, Nicolaus & Co. in  Des Moines, Iowa, according to a spokesperson for the firm. The group, which moved on Tuesday, includes Merrill lifers Grant Clark and Mark Malone as well as client associates Sara O’Brien and Lyndsi Truka.

Source: Merrill Loses $1.2-Billion Team to Stifel in IA, $705-Mln Group to LPL in OK – AdvisorHub

A UBS Wealth Management USA broker who managed $275 million in client assets broke away to join LPL Financials’ Strategic Wealth Services channel, according to an announcement Monday.

Source: UBS Broker Managing $275 Million Jumps to LPL in Washington – AdvisorHub

At Merrill, the Buchers had been part of The Locniskar Pursel Bucher Biddinger Group, according to their former firm’s website. The group had managed $4 billion combined in client assets, according to Forbes, which ranked the team ninth on its best-in-state teams this year. It is now led by managing directors Dana M. Locniskar and Thomas S. Pursel, who could not be reached for comment.

Source: Father-Son Duo Overseeing $700 Million Splits From Merrill Private Wealth Team to Join UBS  – AdvisorHub

A Morgan Stanley team generating around $8 million in annual revenue resigned on Thursday to join Rockefeller Capital Management in Charlotte, North Carolina, according to a source familiar with the move.

Source: Rockefeller Lands $8-Mln Morgan Stanley Team in North Carolina – AdvisorHub

The group managed $1.3 billion in assets at Merrill and is led by 38-year industry veteran James P. Hart, according to an announcement. It also includes Emily Hoag, Natalie Squillace, and James’ son, Nolan, according to an announcement. The team focuses on athletes and entertainers and moved along with client associate Lynda Ott Von Jaeger, UBS said.

Source: UBS Woos Another Merrill Team, $4-Million Group With Sports and Entertainment Focus in NY – AdvisorHub

In the largest shift by assets, a family team who managed $340 million in Denver joined Raymond James & Associates, the firm’s employee channel, from RBC Wealth Management-U.S., according to an announcement Tuesday.

Source: Recruiting Roundup: RayJay Lands RBC Team, LPL Hires From Osaic, And 1792 Wealth Nabs UBS Broker – AdvisorHub

Stifel Financial returned to the Merrill Lynch well and on Thursday hired an advisor that oversaw $431 million in client assets in Frontenac, Missouri, according to a spokesperson for the St. Louis brokerage.

Source: Stifel Lands $3.8-Mln Merrill Lynch Broker in Missouri  – AdvisorHub

CHARLOTTE, N.C. – Oct. 10, 2023 – LPL Financial LLC announced today that financial advisors Brock Hively, CFP®, CPFA®, AIF®, Josh Smeltzer, PPC, AIF®, Aaron Gingrich, CPFA®, AIF®, and Emily Sides, CPFA®, AIF® have joined LPL Financial to launch a new independent practice, Sides Wealth Advisory Group. They chose to affiliate with LPL’s supported independence model, LPL Strategic Wealth Services, and reported having served approximately $900 million in advisory, brokerage and retirement plan assets*. They joi

Source: Sides Wealth Advisory Group Joins LPL Financial