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The acquisition provides a succession plan for the founding partners of BAR, which has 300 advisors and $4 billion in assets under management.

The Obama-era administrator is a Democratic favorite and already leading Biden's transition efforts.

One day after merging with Independence Advisors, Modera Wealth Management sold a minority stake of its firm to Tria Capital Partners.

Justin Robert King was offering interests in his company, Elevate Investment Fund, when there was no such legal entity, leading to nearly $4 million in investor losses, according to SEC allegations.

The former Merrill Lynch team, led by advisor Lars Olson, wanted to stay in Marion, Ohio, to be part of the town’s revitalization, so they decided to go independent with Sanctuary Wealth.

Signature Bank, the New York lender that’s long catered to the Trump family, also is closing two personal accounts in which the president held about $5.3 million.

According to the commission, the duo claimed a "spiritual revelation" had yielded an algorithm for a high-yielding trading platform, but they were just two con men who met in prison.