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Independent Intelligence on the Private Wealth Industry
Wednesday, August 26, 2026The Morning Brief →Sign in
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Raymond James Financial

In PWD coverage since August 26, 2026 · 1 story
+2Talent net · 12 months4 in · 2 out
Talent flow · 12 monthsOn the wire →
Net +2 · 4 arrivals · 2 departures
Arrivals
Greg Bruce
Aug 14 · from Charles Schwab
Michelle Sovcik
Aug 14 · from Hightower
Elyn Davis
Aug 14 · from Charles Schwab
Unnamed advisor
Aug 14 · from Wells Fargo
Departures
Michelle Sovcik
Aug 14 · destination pending
Shannon Reid
Aug 14 · destination pending
PWD coverage
Moves

LPL and Raymond James land $470M, but the platform is the pitch

Two advisors left Harbour and Ameriprise for capabilities, not grids, as the platform war becomes the recruiting pitch.
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