PE-owned wealth platforms added 1,745 advisors and lost 948 in twelve months; 20 platforms net positive, 2 net negative
Across 23 of the 40 largest (by RAUM) wealth managers whose Schedule A owner resolves to a private equity sponsor, IAPD registration spans between 2025-09-22 and 2026-09-22 show 1,745 advisors joining and 948 leaving (net +797). Largest movers: W••••• E••••••••• A••••••• S•••••••• L•• +139 (163 in, 24 out; TA Associates on Schedule A since 2019-10-07); M••••• G••••• A••••••• I••• +131 (146 in, 15 out; APH III GP LP on Schedule A since 2023-09-22); R••••••••• C•••••• M••••••••• +118 (141 in, 23 out; Viking Global Investors LP on Schedule A since 2018-08-23); Mariner +83 (128 in, 45 out; L•••••• G•••• • P•••••••• L••• on Schedule A since 2021-07-30); O•••• W•••••• I••• -79 (346 in, 425 out; R•••••••• C•••••• P••••••• on Schedule A since 2019-08-30); B••••• P••••• A•••••••• L•• +75 (92 in, 17 out; Kohlberg Kravis Roberts & Co. L.P. on Schedule A since 2022-02-03); W•••••• A•••••••• L•• +66 (69 in, 3 out; Hggc, LLC on Schedule A since 2022-01-18); K••••• A••••••• S•••••••• L•• +60 (161 in, 101 out; O•• H••• C•••••• M••••••••• L•• on Schedule A since 2023-03-06).