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The new lawsuit comes several weeks after the RIA acquirer dropped its claims against Lars Knudsen. The firm claimed the advisor had broken his restrictive covenants after being fired.

Rush Benton will replace Cascadia Capital CEO and Chairman Michael Butler on the board.

The firm hired Todd Fithian, co-founder and CEO of The Legacy Companies, to lead its expansion into Canada.

Modera Wealth Management has brought on Kirsten Ly, a former Hightower executive, as director of marketing.

Eric Lordi has departed J.P. Morgan to head up Citi's Wealth Platform and Experience unit.

Andrew Selu is the latest Edelman employee to move to Overland Park, Kan.-based Prime Capital. Several former Edelman advisors have sued to break non-solicitation contracts this year.