Cetera recruited a $380M LPL team while Raymond James added $210M from Commonwealth, exposing two different pressures around LPL’s growth.

Sanctuary landed a $1.2B UBS breakaway while Raymond James added Commonwealth and Wells Fargo teams, showing how advisor independence is changing.

The broker-dealer index surged after the 2024 election, but wealth stocks still depend on rates, regulation, M&A and advisor growth.

Raymond James’ strongest recruiting outlook since 2008 shows how Commonwealth disruption, advisor choice and culture drive advisor moves.

Raymond James ETF Platform Turns Product Into Strategy

Raymond James’ advisor equity financing program gives independent practices capital while testing control, succession and M&A strategy.

J.D. Power says younger advisors want AI, social media and brand support as firms face an aging advisor workforce.

Commonwealth lost 653 advisors after LPL’s deal, raising questions about headcount retention, asset retention and broker-dealer culture.

Raymond James named Franklin Templeton veteran Ronice Barlow COO of its independent contractor division as advisor support competition grows.

Raymond James adds Pioneer Valley Financial Group from Commonwealth, showing how LPL’s deal keeps fueling advisor recruiting.

Ameriprise added Kendall Wealth Management from Edward Jones, showing how female-led family practices are choosing flexibility, technology and independence.

TritonPoint Partners added Greg Powers and expanded into Arizona and California, showing how advisor-owned platforms compete for veteran talent.

Cetera named Paul Polese to lead RIA Blueprint, strengthening its RIA and branches strategy as advisors demand more affiliation choice.

RBC recruited BLS Financial Group from UBS in Michigan, adding a $1.1B team as wirehouse recruiting, UHNW service and legal transition risks intensify.

Raymond James recruited 18 former Commonwealth teams with nearly $4.5B in assets, turning LPL’s acquisition into a live advisor-retention test.

LPL’s Commonwealth deal faced about 5% advisor attrition early, but the bigger issue is whether asset retention, culture and conversion hold.

Raymond James took a majority stake in GreensLedge, strengthening structured credit, securitization and capital markets links to wealth clients.

Raymond James added LPL and Commonwealth advisors as LPL, Ameriprise and rivals keep fighting for platform fit, retention and advisor independence.

Raymond James added Bank Midwest’s $692M wealth program, showing how bank-based advisor channels are competing for local trust and platform scale.

Raymond James added Forsa Wealth Partners from Edward Jones, showing how father-son teams, business-owner clients and independence are shaping recruiting.