A Daily Network publication

custodian

LPL Financial

FORT MILL, SC

CRD: 6413

In PWD coverage since October 1, 2026 · 16+ stories

$819BRegulatory AUMSEC Form ADV · Oct 3

41,879EmployeesForm ADV

4Deals on our tracker

+13Talent net · 12 months16 in · 3 out

Regulatory AUM · Aug 16 – Oct 3

Observed recruiting events · 12 monthsOn the wire →

Net +13 · 16 incoming events · 3 outgoing events

Matt Roberts, Kent Voges

Aug 13 · team liftout

Arrivals

HighWater Wealth

Aug 18 · from U.S. Bank

Aug 18 · from Edward Jones

McCutchen Wesson Wealth Advisors

Aug 20 · from Edward Jones

Paxel Financial Consulting

Aug 25 · from Cetera

Mariner Advisor Network

Aug 25 · from Mariner Advisor Network

Preferred Financial Group

Aug 25 · from Harbour Investments

Departures

Aug 19 · to Millenia Investments

Sierra Ridge Advisor Group

Aug 31 · to Cetera

Sep 11 · to WFA Volare

Deal recordFull tracker →

Sep 21, 26Deal announcedPrivate Advisor Group · Mariner Advisor Network — coverage

Aug 25, 26Deal closedMariner Advisor Network — coverage

Aug 16, 26Deal announcedFINNY AI — coverage

Jul 27, 26Deal announced

PWD coverage

practice

Envestnet's Vestmark deal promises advisors no forced platform migrations

The purchase, estimated by analysts at $500 million to $1 billion, arrives six days after Envestnet pledged $1 billion to rebuild the platform advisors already use.

move · Oct 6LPL adds $1.1 billion Praxis team from Wells Fargo Advisors Financial Network

RIA · Oct 6LPL Financial to report third-quarter earnings after market close Oct. 27

Moves · Oct 6LPL lands $1.1 billion Georgia team from Wells Fargo's FiNet

Moves · Oct 5LPL recruits $1.1 billion Praxis team from Wells Fargo's FiNet

Moves · Oct 5Merrill hires Morgan Stanley and Wells Fargo teams managing $770 million

the_wrap · Oct 5Cetera and LPL add teams from Commonwealth and Cambridge on the same day

the_wrap · Oct 5Three advisor teams land at Cetera, LPL and Wells Fargo FiNet

the_wrap · Oct 5Five breakaway teams land on independent platforms; Fitzgerald Financial discloses $185 million

RIA · Oct 5Morningstar survey: 40% of advisors offer private markets as optimism falls

the_wrap · Oct 5FiNet, Cetera, LPL, Kestra and Carson add five multi-adviser teams on Oct. 5

the_tape · Oct 5Cetera, LPL, Kestra, Carson and Wells Fargo lift teams in one day

M&A · Oct 3HB Wealth acquires $700M Texas RIA; Hightower Signature adds Sandy Cove

Moves · Oct 2TradePMR product chief Jon Patullo joins CG Financial as COO and CIO

move · Oct 1Fidelity gives sub-$100 million RIAs until June 2027 to grow or move custody

move · Oct 1Lakewood Wealth's $170 million Ann Arbor team moves from Cambridge to LPL