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Total Advisors
Counts the number of financial advisors, reflecting the company's distribution strength and capacity to serve clients.The sharp step-up in advisors beginning late‑2024 reflects an acquisition-driven jump (Commonwealth) rather than pure organic growth; headcount has since settled near ~32k with smaller quarter-to-quarter moves. That larger distribution footprint materially boosts revenue scale and recurring fee potential, but the long‑term payoff depends on Commonwealth retention (currently mid‑80s vs a 90% target) and converting the record recruiting pipeline into sticky advisors and assets—watch retention, NNA trends, and integration EBITDA as the determinative follow‑through metrics.
Date | Total Advisors |
|---|---|
Jun 30, 2026 | 32.48K |
Mar 31, 2026 | 32.14K |
Dec 31, 2025 | 32.18K |
Sep 30, 2025 | 32.13K |
Jun 30, 2025 | 29.35K |
Mar 31, 2025 | 29.49K |
Dec 31, 2024 | 28.89K |
Sep 30, 2024 | 23.69K |
Jun 30, 2024 | 23.46K |
Mar 31, 2024 | 22.88K |