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Louis Diamond

In network coverage since August 18, 2026 · 8 stories
Network coverage
Moves

Diamond: Merrill, Morgan Stanley, Wells Fargo, UBS net lose 517 experienced advisors in first half

Gross departures of 1,449 experienced advisors at the four firms outpaced 932 recruits, per Diamond Consultants.
move · Oct 8Wirehouses shed a net 517 experienced advisors in the first half of 2026
The Close · Oct 8Wirehouses shed 517 advisors net in H1 2026 as 41 large teams leave
move · Oct 5Schwab offers an informal welcome to Fidelity's sub-$100 million custody clients
RIA · Oct 5Schwab says it already serves 11,000 sub-$100 million RIAs as Fidelity sets a deadline
The Close · Sep 13The AI wealth fight is now over distribution
M&A · Aug 27Vanguard's Altruist bet gives custody a third pole
move · Aug 18A $14 million Merrill team jumps to Rockefeller in Ohio
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