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Why top advisors are crossing the fence and how recent moves reinforce the trend

If you’re the kind of advisor who tracks moves, it should come as no surprise that AdvisorHub is reporting this week another move out of Edward Jones, this time a team managing more than $300 million in assets joining Ameriprise Financial in search of greater flexibility, independence, and support. For those following industry trends, this isn’t an isolated event. It is part of a steady pattern of high-performing teams leaving Jones for platforms that offer the technology, autonomy, and infrastructure needed to scale.

And though we don’t know the terms of this particular deal, with offers still topping 300 percent, this move likely provided a very nice payday for the team, another reminder of how competitive the recruiting landscape remains for top producers.

We’ve written extensively about what’s behind these departures, from the cracks advisors see when they peer over the fence, to questions of whether the firm can pull off a Range Rover-style transformation, and the signals that tell advisors when it’s time to make a move.

This latest transition fits the pattern: experienced advisors reaching a growth ceiling at Jones and opting for a platform that promises both freedom and support. The trend is not slowing, it is accelerating.

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