At a glance
- Financial terms and the Truist team’s location were not disclosed.
- Merrill added a $1.2 billion UBS team in Santa Fe, and said advisors overseeing $1.8 billion joined from Morgan Stanley, Truist and Wells Fargo during the week.
- LPL added Prince Financial Services, a $1 billion Seattle team from Northwestern Mutual, and Raymond James recruited GFS Advisory, a $350 million Georgia practice from Commonwealth.
Captrust added a 13-person, $3 billion team from Truist, and Chris Hoge, the firm’s head of client solutions, said employee equity is part of the acquisition consideration.
Just over 68% of Captrust’s more than 2,000 employees hold a stake. Financial terms and the Truist team’s location were not disclosed.
Merrill added a $1.2 billion UBS team in Santa Fe, and said advisors overseeing $1.8 billion joined from Morgan Stanley, Truist and Wells Fargo during the week.
LPL added Prince Financial Services, a $1 billion Seattle team from Northwestern Mutual, and Raymond James recruited GFS Advisory, a $350 million Georgia practice from Commonwealth.
Our tracking logged 1,376 advisor moves over the past 30 days, with UBS at 91 events and LPL at 83.
Reported by the Features desk from PWD overnight coverage. Published . Updated Oct 28, 2026 · 2:57 p.m. ET. Corrections