At a glance
- Total revenue has risen 20% over two years.
- More than 450 experienced advisors joined the unit in the past 18 months, about 25 a month, from firms including Raymond James, JPMorgan, Ameriprise and Morgan Stanley.
- Client assets now exceed $80 billion, up from roughly $50 billion four years ago.
Prudential Wealth Advisors posted about $1.4 billion in third-quarter 2026 sales, the highest quarterly figure in its history, InvestmentNews reported. Total revenue has risen 20% over two years.
More than 450 experienced advisors joined the unit in the past 18 months, about 25 a month, from firms including Raymond James, JPMorgan, Ameriprise and Morgan Stanley. The business supports more than 3,000 advisors serving nearly 4.3 million individual clients.
Client assets now exceed $80 billion, up from roughly $50 billion four years ago. Terri Kinsella, head of recruiting, said experienced advisors look beyond transition packages to institutional resources, business development support and local leadership.
Advisors weighing a move will deal with a centralized recruiting organization expected to be operational in the second half of 2027, InvestmentNews reported in October. President Patrick Hynes said that model mirrors how LPL Financial recruits independent advisors.
Sales hit a record and assets grew 60% in four years
Prudential Wealth Advisors: Q3 2026 sales, client assets vs four years earlier, advisor additions
Reported by the Moves desk from InvestmentNews. Published . Corrections