The results deal a blow to RIA and investor Ancora, which launched a proxy battle with Blucora, parent of broker/dealer Avantax, in mid-March, seeking four seats on the company's board.

The bank filed a complaint in federal court alleging that the former employees resigned earlier this month and have attracted 48 clients with about $59 million in assets.

UBS recruited two teams with over $1 billion in AUM from Wells Fargo and JP Morgan in Miami.

But they worry about U.S. financial literacy and estate readiness.

The world’s 500 richest people added $1.8 trillion to their combined net worth last year, lifting the total to $7.6 trillion.

Steward Partners has added the Poljak Group to its quick-growing list of firms.

The RIA custody business represented a 'channel conflict' for Morgan Stanley, which sold it to Axos Financial for $55 million.

The bulk of first quarter RIA M&A occurred in January, contributing to a record quarter, but activity has since slowed down, according to DeVoe & Company.

The DOJ charged Eddy Blizzard with wire fraud and aggravated identity theft. The alleged crime caused the victim's house to go into foreclosure.

The mergers, acquisitions and advisor moves you may have missed the week of April 12 to 16, 2021.