Defendants told investors they were buying portfolios of bad consumer debt; instead money went to a multimillion-dollar sports car collection, casinos and jewelry.
Multop Financial, which provides wealth and tax-planning services, has as many accountants as it does advisors.
The deal is another step toward $10 billion in assets, but the CEO sees it growing much larger.
Targeting institutional assets, qplum’s personnel additions signal new growth goals.
The head of the group has more than 35 years of experience.