Foothills Legacy Wealth Management Joins Hybrid RIA &Partners Amid Wells Fargo Departures

Foothills Legacy Wealth Management joins hybrid RIA &Partners, extending a recruiting run driven by Wells Fargo departures—implications for advisors and clients.

Foothills Legacy Wealth Management, a New York advisory practice, has joined hybrid RIA &Partners, extending a recruiting run that has grown out of recent Wells Fargo departures. The move highlights an ongoing trend of advisors seeking more flexible platforms and independence while retaining access to institutional resources.

&Partners positions itself as a hybrid RIA platform that blends the autonomy of independent firms with the operational support of a larger group. For Foothills Legacy Wealth Management, the transition offers a chance to keep client relationships intact while tapping into technology, compliance, and business-building resources that can scale practice growth.

This addition continues a recruiting momentum centered on advisors leaving Wells Fargo. Over the past months, several teams have shifted to hybrid and independent RIA platforms, citing cultural fit, fee structure, and control over client service as motivating factors. The wave of Wells Fargo departures underscores how large wirehouse environments can encourage experienced advisors to explore alternative models that align more closely with their business goals.

For advisors considering a move, joining a hybrid RIA like &Partners can provide a middle ground: greater control over investment philosophy and client experience without the full administrative burden of a standalone RIA. Hybrid platforms often offer back-office support, compliance oversight, access to custodial relationships, and marketing resources—key benefits that can smooth the transition and minimize disruption for clients.

Clients of practices that transition to hybrid RIAs typically experience continuity of service, though advisors must communicate changes clearly to maintain trust. The benefits for clients include more tailored advice and potentially lower conflicts of interest, as many advisors on independent platforms emphasize fiduciary duty and transparent fee models.

As recruiting activity continues, expect more advisory teams to evaluate hybrid RIA options. Foothills Legacy Wealth Management’s move to &Partners is another data point in the broader shift within wealth management: advisors are prioritizing flexibility, control, and supportive infrastructure when choosing where to build their practices. For wealth management recruiting and industry observers, the trend reflects evolving advisor preferences and the competitive appeal of hybrid RIA platforms.

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