Steven Pagartanis was sentenced to more than 14 years in prison for his role in the scheme, according to the Justice Department. FINRA had previously barred the Long Island–based advisor from the industry.

The research firm CEO says it is an opportunity to get deeper insight into the growing RIA space.

Infinity Q Capital Management announced it’s shutting a $1.8 billion mutual fund and that it placed James Velissaris on leave, cutting off his access to accounts and trading while hiring an expert to value holdings.

Dorsey will bring deep ties to the RIA space as Altruist's new chief strategy and revenue officer, responsible for business growth and client support.

Jose Anibal Linares defrauded investors out of about $2 million, according to the Justice Department.

Last November, James Booth was sentenced to 42 months in prison for conducting a Ponzi-like scheme on investors and was ordered to pay nearly $5 million.

The regulatory agency claimed Scott Wayne Reed failed to get approval from Wells Fargo when soliciting clients to invest in a software company he himself was invested in.

These are the mergers, acquisitions and firm-to-firm moves that occurred the week of February 14, 2021.

The ultra rich are coming to Florida from not only New York, but from California and the Midwest, too.