ria

Commonwealth

In network coverage since September 22, 2026 · 16+ stories

1Deals on our tracker

1Moves on the wire · 12 months

Observed recruiting events · 12 monthsOn the wire →

Doussard Financial

Oct 7 · team liftout

Deal recordFull tracker →

Feb 28, 25Deal announcedLPL Financial Holdings Inc.

Network coverage

Features

UBS Bought $5.3 Billion of Recruits and Lost $11 Billion

UBS recruited eight teams and $5.3 billion of disclosed books while $11 billion walked out. An advisor holding the offer should price it after forfeiture, against that record.

Practice management · Oct 26Osaic adds $576M Stifel book; founder's daughter cites succession help

Data · Oct 16Ox Road Capital reports $1.1 billion and 93% retention 225 days after UBS exit

Features · Oct 15Captrust adds $3B Truist team; Chris Hoge says equity part of deal

Features · Oct 8Ascentis Adds $1B in Practices, Keeps Raymond James Custody

Moves · Oct 7Osaic, Cetera and Raymond James add books from Equitable, Commonwealth and LPL

Practice management · Oct 6Fidelity backs Savvy Wealth's RIA custody platform, expected in mid-2027

The Wrap · Oct 5Cetera re-flags Avantax team to Cetera Planning Partners

The Wrap · Oct 1Treasury draft rules would auto-open 63.36 million child accounts

The Wrap · Sep 28ERIC asks Treasury to make BNY the clearinghouse for employer Trump Account contributions

Moves · Sep 25Ameriprise leaks $9.3 billion as custody platforms win

Moves · Sep 24Ameriprise pays advisors to stay, and the market prices the tab

Data · Sep 24LPL's organic compounding rests on a modeled advisory mix

Policy & ERISA · Sep 24Trump Accounts enroll millions, but only 5% of the families they target

RIA · Sep 24Fidelity rents Savvy a custody front end and keeps the spread

Recruiting & transitions · Sep 22Merrill sells the map while advisors get paid in equity

Your firm & industry

Investments

Clients & planning

Data & tools

Alternatives by asset class

Commonwealth

UBS Bought $5.3 Billion of Recruits and Lost $11 Billion