Wells Fargo Advisors and LPL Financial have both announced significant recruiting wins, reflecting the ongoing shift of advisor talent from traditional wirehouses to independent and hybrid platforms. The moves come amid historically high industry turnover, with more than 2,100 advisor transitions recorded in May 2026 alone, according to AdvizorPro's latest report.
Wells Fargo Advisors added the Sheresky Samsen Group, a four-advisor team based in Greenwich, Connecticut, from RBC Capital Markets. The team includes brothers Steven and Jeffrey Sheresky, along with Jeffrey Samsen, all managing directors of investments, and Kenneth Sheresky, a senior vice president of investments. Together, they oversee more than $1.7 billion in client assets, supported by senior registered client associates Jeannine Barlotta and Stanley Weeks. Anthony Arico, Metro North market leader for Wells Fargo Advisors, described the team as an excellent addition, citing their deep client relationships and long-term planning focus.
This recruitment follows Wells Fargo's other recent additions, including a former Stifel team that joined its FiNet independent channel in June and four advisors from the West Coast. The wirehouse has been actively backfilling even as it loses advisors to independent platforms.
LPL Financial, meanwhile, announced two separate additions of advisors departing Wells Fargo. David Logsdon, founder of Summit Ridge Financial Advisors in the Sun Valley, Idaho area, joined LPL's broker-dealer and RIA platform. With 30 years of industry experience, Logsdon had been with Wells Fargo for 26 years, according to his BrokerCheck record. He oversees approximately $380 million in advisory, brokerage, and retirement plan assets, serving individuals, families, nonprofits, and small businesses across more than a dozen states. His practice focuses on a full balance sheet approach and complex estate planning. Logsdon cited the need for advanced technology and resources as key reasons for his move.
Separately, Doug Haskin and Jenny Haskin launched Haskin Private Wealth Advisors in Sacramento, California, affiliating with LPL's independent network after leaving Wells Fargo. The husband-and-wife team, who have worked together for about six years and bring over two decades of combined experience, are joined by Michael Graham, a former Wells Fargo banker now serving as a registered administrative associate. The Haskins manage approximately $170 million in advisory, brokerage, and retirement plan assets, catering to business owners, retirees, multigenerational families, and younger couples focused on retirement and education planning. Jenny Haskin emphasized that independence allows them to focus on clients without sales quotas or proprietary limitations.
These moves underscore a broader trend: independent and hybrid-independent platforms continue to attract talent from wirehouses, even as wirehouses like Wells Fargo work to replenish their ranks. According to AdvizorPro's May 2026 advisor movement report, LPL led all firms in raw inflows with 117 advisors joining its platform that month. Wells Fargo Advisors recorded 44 inflows against 48 outflows, a net loss of four advisors. In terms of net inflows, LPL led with 53 incoming moves, followed by Schwab, Raymond James, and Cetera, all of which secured net recruitment wins.
For advisors considering a move, the current environment offers a range of options, from wirehouse retention packages to independent platforms with robust support. As the industry evolves, firms that can provide advanced technology, comprehensive guidance, and flexibility are likely to continue winning talent.
