At a glance
- The three moves are a five-advisor Houston team to Janney, ICG next's 22 advisors to Osaic and The Kellam Group's seven advisors to Rockefeller Global Family Office.
- Advisors sizing their own practice against the week have four comparables, from $700 million per advisor at the Houston team to about $105 million at ICG next.
- The four named moves carried $8 billion and 39 advisors, about 12% of the $64.6 billion the tracking recorded in motion for the week.
Three teams managing a combined $7 billion are listed as moving to Janney Montgomery Scott, Osaic and Rockefeller Global Family Office, part of a week in which tracked team assets in motion totaled $64.6 billion.
The three moves are a five-advisor Houston team to Janney, ICG next's 22 advisors to Osaic and The Kellam Group's seven advisors to Rockefeller Global Family Office. All four entries, including UBS's five-advisor Nepa/Susco team in Pittsburgh to RBC Wealth Management, come from The Daily Network's weekly tracking of team moves, which records each as unverified. The dates run Oct. 17 to Oct. 23.
Advisors sizing their own practice against the week have four comparables, from $700 million per advisor at the Houston team to about $105 million at ICG next. The Houston team's $3.5 billion across five advisors, the Pittsburgh team's $1 billion across five, The Kellam Group's $1.2 billion across seven and ICG next's $2.3 billion across 22 describe different businesses: 22 advisors sharing $2.3 billion is not the same proposition as five sharing $3.5 billion, even though each clears $1 billion.
Per-advisor books run from $105 million to $700 million
| Team | From | To | Advisors | Client assets | Date |
|---|---|---|---|---|---|
| Five-advisor Houston team | Raymond James | Janney Montgomery Scott | 5 | $3.5 billion | Oct. 17 |
| ICG next | LPL Financial | Osaic | 22 | $2.3 billion | Oct. 21 |
| The Kellam Group | Truist | Rockefeller Global Family Office | 7 | $1.2 billion | Oct. 18 |
| Nepa/Susco team | UBS | RBC Wealth Management | 5 | $1 billion | Oct. 23 |
The four named moves carried $8 billion and 39 advisors, about 12% of the $64.6 billion the tracking recorded in motion for the week. The tracking marks all four unverified, so the per-advisor math and the totals above are claims to be confirmed rather than completed transfers.
Reported by the Moves desk from The Daily Network weekly team-move tracking (internal newsroom query). Published . Corrections
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