Across 23 of the 40 largest (by RAUM) wealth managers whose Schedule A owner resolves to a private equity sponsor, IAPD registration spans between 2025-09-20 and 2026-09-20 show 1,747 advisors joining and 951 leaving (net +796). Largest movers: Wealth Enhancement Advisory Services, Llc +141 (165 in, 24 out; TA Associates on Schedule A since 2019-10-07); Mercer Global Advisors Inc. +131 (146 in, 15 out; APH III GP LP on Schedule A since 2023-09-22); Rockefeller Capital Management +118 (141 in, 23 out; Viking Global Investors LP on Schedule A since 2018-08-23); Mariner +84 (129 in, 45 out; Leonard Green & Partners, L.P. on Schedule A since 2021-07-30); Osaic Wealth, Inc. -79 (347 in, 426 out; Reverence Capital Partners on Schedule A since 2019-08-30); Beacon Pointe Advisors, Llc +75 (92 in, 17 out; Kohlberg Kravis Roberts & Co. L.P. on Schedule A since 2022-02-03); Waverly Advisors, Llc +66 (69 in, 3 out; Hggc, LLC on Schedule A since 2022-01-18); Kestra Advisory Services, Llc +57 (158 in, 101 out; OAK Hill Capital Management, LLC on Schedule A since 2023-03-06).
Sep 20, 2025 to Sep 20, 202623 evidence rowsconfirmed today
Form ADV Schedule A and B name the owners of each adviser. 550 owner rows on 319 advisers resolve by identifier to a sponsor on the private equity graph (precision 1.00 on track Z's labels); 103 of those advisers are wealth managers with 37,613 registered advisors and $4.78T of RAUM as filed. Largest sponsors by wealth platforms: Clayton, Dubilier & Rice, LLC 35 (Ancora Private Wealth Advisors, Llc, Ars Wealth Advisors, Asset Advisors, Badgley Phelps Wealth Managers, ...); Reverence Capital Partners 5 (Osaic Advisory Services, Llc, Osaic Institutions, Inc., Osaic Wealth, Inc., Seia, ...); OAK Hill Capital Management, LLC 5 (Goldstein Advisors, Llc, Hughes Financial Services, Llc, Kestra Advisory Services, Llc, Kestra Private Wealth Services, Llc, ...); Bain Capital Private Equity, LP 4 (Ac Wealth Partners, Envestnet Pmc, Envestnet Portfolio Solutions, Inc., Qrg Capital Management, Inc.); Leonard Green & Partners, L.P. 3 (Mariner, Mariner Advisor Network, Mariner Independent); The Vistria Group, LP 3 (Ingham Retirement Group, Pasi Investments, Llc, The Mather Group, Llc).
Sep 19, 202625 evidence rowsconfirmed today
Among 829 advisers with 25 or more registered advisors, the largest net gains of registered advisors between 2025-09-20 and 2026-09-20: Lpl Financial Llc +867 (1,818 in, 951 out, 23,319 registered); J.P. Morgan Securities Llc +453 (1,114 in, 661 out, 14,152 registered); Raymond James Financial Services Advisors, Inc +318 (641 in, 323 out, 6,694 registered); Empower Advisory Group, Llc +291 (401 in, 110 out, 1,944 registered); Schwab Wealth Advisory, Inc. +203 (260 in, 57 out, 1,643 registered); Vanguard Advisers, Inc. +166 (283 in, 117 out, 2,422 registered). 30,054 firm-to-firm moves in the year across 6,128 firms.
Sep 20, 2025 to Sep 20, 202612 evidence rowsconfirmed today
Between 2026-06-22 and 2026-09-20: 3 Form ADV successions naming another adviser (of 10 successions filed; the rest name the filer's own CRD, a change of legal form) and 40 FIRM_ABSORBED clusters moving 200 advisors. Acquirers: Wealth Enhancement Advisory Services, Llc 4 firms (18 advisors): Arbor Capital Management Inc, Miramar Capital, Trippon Wealth Management Group Llc; Farther 3 firms (10 advisors): Cannon Wealth Management Services, First Investment Corporation, Mountain Peak Wealth Advisors, Llc; Coastal Bridge Advisors 2 firms (15 advisors): One Charles Private Wealth, Waddell & Associates, Llc; Bluespring Wealth Management, Llc 2 firms (15 advisors): Joule Financial, Llc, Ritter Daniher Financial Advisory Llc; Alphacore Capital Llc 2 firms (8 advisors): Brave Family Advisors, Elk River Wealth Management Llc; Matter Family Office 1 firm (14 advisors): Iwp Wealth Management Llc.
Jun 22, 2026 to Sep 20, 202623 evidence rowsconfirmed today