At a glance
- The logged principals are Michael Kawase, Eric Smutko, Audre Schmedes and Anthony Perez, identified in our records as Orchard Financial Group.
- The same day, Kestra Private Wealth Services logged a three-advisor team liftout and multiple additional advisor moves, while Envestnet PMC and Mariner Wealth also recorded advisor moves.
- Separately, Scott Hardy's team left Commonwealth Financial Network for Summit Wealth Group with $189 million in client assets.
Wells Fargo Advisors FiNet recorded an 11-advisor team liftout from Ameriprise Financial on Oct. 12, according to our tracking.
The logged principals are Michael Kawase, Eric Smutko, Audre Schmedes and Anthony Perez, identified in our records as Orchard Financial Group.
The same day, Kestra Private Wealth Services logged a three-advisor team liftout and multiple additional advisor moves, while Envestnet PMC and Mariner Wealth also recorded advisor moves. Avantax Planning Partners advisors moved to Cetera Planning Partners, operating as The Retirement Planning Group, on Oct. 12.
Separately, Scott Hardy's team left Commonwealth Financial Network for Summit Wealth Group with $189 million in client assets. Our coverage classifies that move as a breakaway, not a block trade; the other Oct. 12 entries are recorded as advisor moves or team liftouts within platform entities.
Reported by the Features desk from PWD newsroom tracking. Published . Corrections