04.20.26

Advisor Recruiting Hit a Four-Year High in 2025

by: Tobias Salinger

Advisor Recruiting Hit a Four-Year High in 2025
Financial Planning (04/20/2026) Tobias Salinger

Financial advisor recruiting surged to a four-year high in 2025, with a 16% increase in experienced advisors switching firms, driven by strong demand, aggressive recruiting and industry consolidation, according to Diamond Consultants' annual Financial Advisor Transition Report. Independence, better support and frustrations with service and compensation changes pushed many advisors to move, while major deals and mergers intensified competition for talent. Independent firms continued to gain the most advisors, though competition from registered investment advisors is growing. Large firms saw mixed results, with some gaining talent and others facing losses.

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