Industry

The number of pro bono legal clinics for retail investors harmed by bad investment advice has fallen dramatically over the past decade, leaving many small-dollar claimants to face arbitration panels alone or, more often, do nothing at all.

Bento addresses wealth transfer and financial literacy while Holistiplan joins LPL's Vendor Affinity Program and Addepar adds UBS as client.

In its 12th acquisition this year, WEG adds a ninth office in Northern California.

A former Morgan Stanley Private Wealth advisor and team launched the multifamily office and investment firm based in Radnor, Pa., with locations in New York City and Boston, backed by Dynasty Financial Partners.

James Millegan faces as much as five years in prison after a jury found him guilty of evading $2.5 million in income taxes, according to the Department of Justice.