Week Ending October 10th, 2026
10/10/2026|
This week’s news on financial advisor transitions, launches, deals & comp, firm/platform updates, business succession/M&A and more…
🔄 TOP ADVISOR MOVES & WIREHOUSE UPDATES
- $472M Team Joins &Partners From LPL-Affiliated Bank in Illinois
(AdvisorHub) - $580M Ameriprise Team Jumps to Wells Fargo FiNet in California
(AdvisorHub) - LPL Lands $1.1B Wells Fargo FiNet Team in Georgia
(AdvisorHub) - Four Practices Bring $1B to Newly Formed Ascentis Independent
(WealthManagement.com) - Merit Buys $1.1B Commonwealth Practice in Western NY
(AdvisorHub)
🏢 FIRM UPDATES
- Nearly 1,000 RIAs Affected by Fidelity’s New Asset Minimum: Report
(Citywire RIA) - Betterment Courts Fidelity RIAs With Platform Fee Waiver Through 2028
(AdvisorHub) - Schwab’s Jon Beatty Is One Custody Head Offering a Port in the Storm After Fidelity Unmoors Its Sub-$100M RIAs
(RIABiz) - Wealthspire Launches $2.9B Sports and Entertainment Practice
(WealthManagement.com)
👔 LEADERSHIP MOVES
- Creative Planning Hires New Marketing Chief
(WealthManagement.com) - $13bn Composition Wealth Hires Joint CCO and General Counsel
(Citywire RIA) - D.A. Davidson & Co. Restructures Wealth Management Division, Appoints New Regional Directors
(AdvisorHub)
🤖 AI / WEALTHTECH / FINTECH
- Why Wealth Managers Are Not Seeing Expected AI Returns
(WealthManagement.com)
🤝 RIA / M&A UPDATES
- Deals & Moves: The Mather Group, AlphaCore Snag $400M RIAs
(WealthManagement.com) - Hightower Folds $1B Michigan Affiliate into Signature Wealth
(AdvisorHub) - Hightower’s Bahnsen Group Adds $1.1 Billion Naples Practice
(AdvisorHub) - Aspen Standard Buys $1B Louisiana RIA
(AdvisorHub) - $5B Trilogy Adds $1B RIA Specializing in Aviation Workers
(WealthManagement.com) - Cresset Aims for $13.1B Trust Business With NAT Deal
(WealthManagement.com) - Focus Financial Eyeing Return to ‘Larger Scale’ External Deals
(Citywire RIA) - EXCLUSIVE: RIA Investor WPCG Is Exploring UK Wealth Deals
(Citywire RIA) - Mercer Advisors Completes $1.9B Debt Refinancing
(WealthManagement.com)
⚖️ COMPLIANCE / LEGAL
- Panel Backs Former Merrill Trainee in Dispute Over Pension Rollover
(AdvisorHub) - Finra Dings Ex-LPL Broker Who Settled With Client Off the Books
(AdvisorHub) - Ex-Morgan Stanley Broker Convicted of Defrauding NBA Players Wins Sentencing Delay
(AdvisorHub)