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New Jersey Financial News
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Raymond James Won $863M In Three Days. The Teams Were Not Buying The Same Model.
Wealth Management Charles Cooke 8/20/26 Wealth Management Charles Cooke 8/20/26

Raymond James Won $863M In Three Days. The Teams Were Not Buying The Same Model.

Raymond James added $863M from RBC, Wells Fargo and Thrivent in three days, using different channels to attract three very different practices.


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FSI, IRI And NAIFA Fought New Jersey’s Contractor Rule. They Won Changes, Not The Carve-Out.
Wealth Management Charles Cooke 8/19/26 Wealth Management Charles Cooke 8/19/26

FSI, IRI And NAIFA Fought New Jersey’s Contractor Rule. They Won Changes, Not The Carve-Out.

Farther added 27 advisors across 15 states while Raymond James recruited a $300M Wells Fargo team, showing two different paths to wealth growth.

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Raymond James And Wells Fargo Won $3.5B. Both Teams Were Buying Capability.
Wealth Management Charles Cooke 8/19/26 Wealth Management Charles Cooke 8/19/26

Raymond James And Wells Fargo Won $3.5B. Both Teams Were Buying Capability.

Raymond James and Wells Fargo recruited teams managing $1.8B and $1.7B as large practices compete for deeper UHNW and business-owner capabilities.


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A $1.2B UBS Team Went Independent. The Bigger Story Is What Independence Now Means.
Wealth Management Charles Cooke 8/14/26 Wealth Management Charles Cooke 8/14/26

A $1.2B UBS Team Went Independent. The Bigger Story Is What Independence Now Means.

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


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Advisor Recruiting Is Becoming A Battle Over Choice
Wealth Management Charles Cooke 8/12/26 Wealth Management Charles Cooke 8/12/26

Advisor Recruiting Is Becoming A Battle Over Choice

LPL’s latest advisor hires from Wells Fargo and Lincoln Investment show how affiliation choice, niche clients and service now drive recruiting.


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UBS Is Losing Advisors. The Bigger Question Is Whether The Math Works.
Wealth Management Charles Cooke 8/6/26 Wealth Management Charles Cooke 8/6/26

UBS Is Losing Advisors. The Bigger Question Is Whether The Math Works.

UBS lost U.S. wealth advisors after compensation changes, testing whether margin gains can offset advisor attrition and asset outflows.


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A $1.1B RBC Team Joined LPL. The Real Story Is Business Ownership
Wealth Management Charles Cooke 7/27/26 Wealth Management Charles Cooke 7/27/26

A $1.1B RBC Team Joined LPL. The Real Story Is Business Ownership

LPL added Lighthouse Private Wealth from RBC in New Jersey, showing how technology, autonomy and team-based planning are driving advisor moves.


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A Wells Fargo Duo Returned To Merrill. The Charlotte Market Explains Why
Wealth Management Charles Cooke 7/22/26 Wealth Management Charles Cooke 7/22/26

A Wells Fargo Duo Returned To Merrill. The Charlotte Market Explains Why

Merrill hired Ryan Culpepper and Sam Pennell from Wells Fargo in Charlotte, showing how wirehouse recruiting still depends on local markets and team continuity.

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Wells Fargo Added Nearly $1.5B In Advisor Assets. The Real Signal Is Channel Choice
Wealth Management Charles Cooke 7/21/26 Wealth Management Charles Cooke 7/21/26

Wells Fargo Added Nearly $1.5B In Advisor Assets. The Real Signal Is Channel Choice

Wells Fargo added nearly $1.5B in advisor assets across its employee and FiNet channels, showing how flexibility and scale are shaping recruiting.


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Wells Fargo Kept Advisor Pay Steady. So Why Are Compensation Costs Rising?
Wealth Management Charles Cooke 7/14/26 Wealth Management Charles Cooke 7/14/26

Wells Fargo Kept Advisor Pay Steady. So Why Are Compensation Costs Rising?

Wells Fargo kept its 2026 advisor pay plan steady, but rising compensation costs show how strong markets can create grid creep pressure.


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&Partners Is Turning Advisor Ownership Into A Recruiting Weapon
Wealth Management Charles Cooke 7/9/26 Wealth Management Charles Cooke 7/9/26

&Partners Is Turning Advisor Ownership Into A Recruiting Weapon

&Partners added Gerardi Wealth Management from Wells Fargo, showing how advisor-owned platforms are competing for large wealth teams.


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Wells Fargo’s $1B Merrill Team Win Shows Its Recruiting Rebound
Wealth Management Charles Cooke 7/8/26 Wealth Management Charles Cooke 7/8/26

Wells Fargo’s $1B Merrill Team Win Shows Its Recruiting Rebound

Wells Fargo Advisors added a nearly $1B Merrill team in Bellevue, showing how private client recruiting and regional wealth growth are shifting.

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Blackstone’s BCRED Payout Cut Shows Private Credit’s Bigger Test
Wealth Management Charles Cooke 7/6/26 Wealth Management Charles Cooke 7/6/26

Blackstone’s BCRED Payout Cut Shows Private Credit’s Bigger Test

Ameriprise, Osaic, Kestra and Wells Fargo added major advisor teams, showing how recruiting is splitting across employee, independent and breakaway channels.


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&Partners Hit 100 Practices. The Bigger Story Is Its Ownership Bet
Wealth Management Charles Cooke 7/3/26 Wealth Management Charles Cooke 7/3/26

&Partners Hit 100 Practices. The Bigger Story Is Its Ownership Bet

 &Partners reached 100 advisor practices with Mannen Financial Group, showing how ownership, equity and culture are shaping advisor recruiting.

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Wells Fargo’s $750M Recruiting Run Shows Why Family-Led Advisor Teams Still Matter
Charles Cooke 6/26/26 Charles Cooke 6/26/26

Wells Fargo’s $750M Recruiting Run Shows Why Family-Led Advisor Teams Still Matter

Wells Fargo added advisor teams from Morgan Stanley and Ameriprise, showing how regional, family-linked practices remain central to recruiting.

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Wells Fargo’s $800M Recruiting Week Shows How Advisor Moves Are Splitting By Channel
Wealth Management Charles Cooke 6/25/26 Wealth Management Charles Cooke 6/25/26

Wells Fargo’s $800M Recruiting Week Shows How Advisor Moves Are Splitting By Channel

Wells Fargo recruited advisors from RBC, UBS and Citizens, showing how multiple channels are shaping advisor movement across wealth firms.

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Wells Fargo’s $3.1B JPMorgan Win Shows How Advisor Recruiting Is Splitting
Wealth Management Charles Cooke 6/18/26 Wealth Management Charles Cooke 6/18/26

Wells Fargo’s $3.1B JPMorgan Win Shows How Advisor Recruiting Is Splitting

Wells Fargo added a $3.1B JPMorgan team while Janney and Prime Capital made regional planning hires, showing three recruiting lanes.

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Wells Fargo’s Naples Win Shows Advisor Recruiting Is A Channel-by-Channel Fight
Wealth Management Charles Cooke 6/12/26 Wealth Management Charles Cooke 6/12/26

Wells Fargo’s Naples Win Shows Advisor Recruiting Is A Channel-by-Channel Fight

Wells Fargo added Douglas DiGiorno from UBS in Naples as Raymond James and JPMorgan also made major advisor moves.

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Wells Fargo, LPL And Cetera Add Advisor Teams In New Recruiting Moves
Wealth Management Charles Cooke 5/25/26 Wealth Management Charles Cooke 5/25/26

Wells Fargo, LPL And Cetera Add Advisor Teams In New Recruiting Moves

Wells Fargo, LPL and Cetera added advisor teams from Morgan Stanley, UBS and Commonwealth as recruiting activity continues.

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