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RIA Intelligence

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See which advisory firms are moving, hiring or losing teams before the market notices.

From public filings and registries, dated

What matters now

The wealth stories DFX is following

All wealth stories

From DFX Intelligence, the newsroom DFX writes from its own records. Each story links to the filings and announcements behind it.

DFX graphic: 12 advisors from LPL Financial to Osaic, 69 advisors in 22 group moves into Osaic, May 3 to Oct 30, 2026, October 29, 2026ADVISOR MOVEOct 29, 2026SEC IAPD registrationsDFX graphicFROMTOLPL FinancialOsaic1212 advisors movedOsaic: 69 advisors in 22 group moves,May 3 to Oct 30, 2026

Wealth managementDFX Signals

12 LPL Financial advisors join Osaic on one day, one of 22 group moves in six months

Osaic Wealth took 12 advisors from LPL Financial on October 29. DFX has recorded 22 group moves into Osaic over the past six months and 61 other group departures from LPL.

DFX analysis, writtenOct 29

  1. Wealth managementInvestigation

    The advisor migration: wirehouses lost 777 advisors to other channels in 90 days and recruited 466

    DFX investigationNov 2

  2. Wealth managementAdvisor move

    Five advisors leave Shufro, Rose for Cerity Partners on a single day

    DFX analysis, writtenOct 29

  3. Wealth managementAdvisor move

    5 Ameriprise advisors move to Kestra, which drew 23 group moves in six months

    DFX analysis, writtenOct 28

  4. Wealth managementAdvisor move

    4 of 4 BAY Rivers Group Wealth Partners advisors move to Waterloo Capital the same day

    DFX analysis, writtenOct 29

Advisors in motion

Where advisors are moving, and where firms are active

All moves

Counts of moves on the record, from IAPD registration dates. A move is one advisor's change of firm; bulk corporate re-registrations are left out.

Moves into RIAs were 26% of the advisor moves DFX recorded in Q3 2026, down from 27% in Q2 2026.

Advisor moves by the quarter the advisor left, grouped by where they went. Before 2026-09-15 the roster held only advisors still registered, so earlier quarters undercount people who left the industry.
QuarterInto broker-dealersInto wirehousesInto RIAsInto new firmsOther and unclassifiedTotal
Q1 20242913762176116615167118
Q2 20242757999189813411726960
Q3 202425391029180623210916697
Q4 20242409910165623911616375
Q1 20252824896263726319098529
Q2 202528831014197222512167310
Q3 20253159991199329614037842
Q4 20252688869205618115947388
Q1 202630761020293026921379432
Q2 202631811148226127514278292
Q3 202631811139218125114848236
Q4 2026 (to date)847270666889572828
Advisor moves by the quarter the advisor left, grouped by where they went. Before 2026-09-15 the roster held only advisors still registered, so earlier quarters undercount people who left the industry. Select a quarter to open its transactions.

NY, SC, FL lead; the top five states hold 55% of the placed moves.

For a team or advisor move, the headquarters of the firm the advisors joined; the office they left may be elsewhere. Each state opens the advisory firms headquartered there.

  1. NY204
  2. SC133
  3. FL112
  4. MO84
  5. CA62

1,089 placed in a state; 5 with no state recorded. Last 180 days, by the date of each move or deal.

Opportunities emerging

The lists recruiters and acquirers work from

Live sizes, read with each list's own filter. Every row on these lists is a filed or registered fact.

What are you looking for?

Recruiter, branch manager, platform growth
I recruit advisors

Who may move next: advisors launching their own firm, offices losing their people, firms under a new owner.

  • Launching their own firm
  • Offices losing their people
  • Firms under a new owner
23,765 advisor moves in the last 12 months
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Aggregator, strategic buyer, PE-backed platform
I acquire RIA firms

Firms showing the succession markers that came before ownership changes, tested against later changes, with the filings behind them. A pattern, not a forecast for any one firm.

  • Succession markers
  • Ownership and control
  • Firms by assets
9,465 SEC-registered wealth managers
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Asset manager, wholesaler, alternatives distribution
I distribute products to RIAs

Firms in the position that preceded a first private fund more often than usual, and the ones already using private funds.

  • First private fund patterns
  • Private funds used
  • Custodians and platforms
197,530 private funds on the record
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Technology, compliance, custody, insurance, transition lending
I sell services to RIAs

Advisory firms forming right now, from first filing to approval, with the founders and where each is registered today; and the established firms whose filings changed.

  • Firms forming now
  • Founders and where they are today
  • New offices and CCOs
17,149 SEC-registered advisers
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The methodology says what is measured, what is inferred, and what DFX does not claim.