Advisor moves outnumber breakaways about 17 to 1 in our 30-day count
LPL Financial recorded 123 tracked events, followed by UBS at 92 and Kestra Private Wealth Services at 69.
At a glance
In the past 30 days, our records show 77 breakaway events, 1,297 advisor moves and 348 team liftouts.
LPL Financial recorded 123 tracked events over the window, the highest count in our records, ahead of UBS at 92 and Kestra Private Wealth Services at 69.
Custodian changes were the rarest category in our 30-day records, at 43 events, below office openings at 46 and breakaways at 77.
In the past 30 days, our records show 77 breakaway events, 1,297 advisor moves and 348 team liftouts. Advisor moves outnumbered breakaways by about 17 to one; team liftouts did so by about 4.5 to one. The counts are events, not people.
LPL Financial recorded 123 tracked events over the window, the highest count in our records, ahead of UBS at 92 and Kestra Private Wealth Services at 69. The 12 most active firms each recorded at least 43 events. Those names are not one channel: UBS is a wirehouse, LPL Financial and Raymond James Financial Services are independent broker-dealers, and Kestra Private Wealth Services, The Wealth Consulting Group and RFG Advisory are platform and advisory firms.
| Firm | Tracked events (30 days) |
|---|---|
| LPL Financial | 123 |
| UBS | 92 |
| Kestra Private Wealth Services | 69 |
| The Wealth Consulting Group | 67 |
| The Retirement Planning Group | 65 |
| RFG Advisory | 63 |
| Raymond James Financial Services | 63 |
| Northwestern Mutual | 58 |
| Prime Capital Financial | 54 |
| OpenArc Corporate Advisory | 46 |
| Mariner Wealth | 44 |
| Ascentis Independent Advisors | 43 |
One 30-day window cannot show whether breakaway activity is slowing or the broader move count is rising.
Custodian changes were the rarest category in our 30-day records, at 43 events, below office openings at 46 and breakaways at 77.
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