James Millegan didn’t pay more than $2.5 million in taxes and instead used the money for personal expenses, including a classic Rolls-Royce.

Three participants in the Virtual Externship program share their experiences.

Conceived as a response to pandemic shutdowns, the program solves for a much larger problem.

Financial Design Group is joining LPL from Securian Financial Services, and comes after teams with $1.45 billion collective assets joined the firm’s Strategic Wealth Services division this month.

Launched in 2019, the firm encountered challenges landing enough customers and additional capital.

The longtime executive will lead Citigroup's wealth management unit; Lindsay Hans and Eric Schimpf will co-lead Merrill Lynch Wealth Management, reporting to Bank of America's CEO.

The advisors have a shared history at KLS Professional Advisors Group in New York, a family office-focused RIA acquired by Boston Private in 2004.

The Department of Justice also charged Surage Roshan Perera of wire fraud, investment advisor fraud and money laundering, for allegedly defrauding an unnamed investor.

Celebs are looking for equity-based endorsements in the hope of a big pay day — but this strategy won’t work for everyone.