At a glance
- Align Private Wealth, a two-advisor team led by Scott Gilliam and Travis Blessing, moved $2 billion from PNC Private Bank to LPL's platform on Oct. 14.
- Round Table Advisors, an eight-advisor team in Chattanooga, moved $1.4 billion from Raymond James Financial Services to independence.
- LPL Financial took two of the five teams, and their combined $4.4 billion is about half the $8.66 billion total.
HighWater Wealth, a San Diego team with $2.4 billion in client assets, moved from U.S. Bank to LPL Financial on Oct. 14, according to PWD's tracking. It was the largest of five team moves in the tracking's latest weekly tally, which carried a combined $8.66 billion.
Align Private Wealth, a two-advisor team led by Scott Gilliam and Travis Blessing, moved $2 billion from PNC Private Bank to LPL's platform on Oct. 14. Doyle and Loughman Wealth Management moved $1.76 billion the same day, leaving Wells Fargo Advisors Financial Network for Carson Group.
Round Table Advisors, an eight-advisor team in Chattanooga, moved $1.4 billion from Raymond James Financial Services to independence. Rosenwald Private Wealth, a Baltimore team, moved $1.1 billion from RBC Wealth Management to Indivisible Partners.
| Team | From | To | Client assets |
|---|---|---|---|
| HighWater Wealth | U.S. Bank | LPL Financial | $2.4 billion |
| Align Private Wealth | PNC Private Bank | LPL's platform | $2 billion |
| Doyle and Loughman Wealth Management | Wells Fargo Advisors Financial Network | Carson Group | $1.76 billion |
| Round Table Advisors | Raymond James Financial Services | Independent | $1.4 billion |
| Rosenwald Private Wealth | RBC Wealth Management | Indivisible Partners | $1.1 billion |
LPL Financial took two of the five teams, and their combined $4.4 billion is about half the $8.66 billion total. Carson Group took $1.76 billion, Indivisible Partners $1.1 billion, and Round Table's $1.4 billion went to independence, with no platform named in the tracking.
The headcounts behind the assets run in opposite directions. Align's $2 billion came with two advisors, roughly $1 billion each by simple division. Round Table's $1.4 billion spread across eight advisors, about $175 million each.
One addition in the same weekly tally was larger than any of the five. Captrust Financial Advisors took the 13-advisor, $3 billion Hoge-Barrett Group from Truist Investment Services, a move PWD has already covered and one that sits outside the $8.66 billion total.
Reported by the Moves desk from PWD tracking (internal newsroom graph query results). Published . Corrections
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