Migration Lanes
IAR registration changes are not evenly scattered across the market. This report isolates firm-to-firm routes used by at least two IARs in the same trailing window: where movement is repeating, how fast it is arriving, and which routes look compressed rather than steady.
Find the pattern behind the movement.
Start with a firm or move directly to a market lens. Each view answers a different question without turning repeated registrations into a conclusion about intent.
Trace the repeat routes around any firm.
Choose a direction to separate where registrations are leaving from where they are arriving. Open any route for timing, tenure, concentration, and reverse flow.
The routes carrying the most movement.
Headline totals show how much movement followed a repeat lane; the list below isolates the highest-volume routes in the current window.
Which firm-to-firm routes are repeating?
Ranked by reported movement count. Select any lane for its full profile.
Compare movement between two firms.
Choose two firms to see movement in both directions and the net exchange between them. Or start with one of the most active relationships ranked below.
Select both firms to build the comparison.The result will show each direction, total exchanged advisors, and which firm had the net gain.
Top firm exchanges
Select a pair to load both directions into the comparison above.
Where departures compress into 30-day windows.
A busy lane tells you where people are going. Not whether you should.
Continuum is platform-agnostic and advisors never pay us. We help you weigh every route against your practice, your clients, and your long-term home - not just the popular one.
MethodologySource, scope, and limitationsRead details +
- Lane
- A firm-to-firm route taken by 2 or more advisors inside the window. A repeating route is a pattern, not a coincidence.
- Burst pattern
- A lane where most of the moves landed inside a single 30-day stretch (4 or more moves with at least three quarters inside the stretch) - the signature of a clustered departure event, branch change, or platform event rather than independent decisions.
- Net exchange (head-to-head)
- Moves from A to B minus moves from B to A inside the window. It counts advisors, not assets, and says nothing about why each advisor moved.
- Clustered departure share
- The share of a firm's departures that landed inside a burst window - a 30-day stretch in which most of a lane's moves occurred, the signature of clustered movement. Losing a team is a different event than losing individuals one at a time.
- This window
- All advisor moves reported in the last 12 months - a rolling trailing-12-month view. The exact dates appear in the header above.
- What counts as a move
- Any registered IAR whose firm registration changed during the window. It is a count of registrations, not vetted client-facing advisors, so it can include non-producing registrants such as home-office or supervisory staff.
- Directional
- These figures describe broad patterns of advisor movement, not audited counts. Use them to spot trends and questions worth exploring, not as a precise scorecard.
Continue exploring
Three useful next views of the same public SEC IAPD registration-change data.