Robert Paolini of Paolini Advisors will align with Independent Advisor Alliance, and joins LPL Financial from FSC Securities.

The announcement is the newest move by Atria, a wealth management holding company founded by Doug Ketterer, a former Morgan Stanley executive.

A federal judge ordered Massachusetts investment advisor Michael J. Breton to repay investors for cherry picking profitable trades for himself and sticking clients with the losers.

The three advisors that make up JCG cited LPL's new "ClientGoals" addition to the ClientWorks platform as an enticing benefit of the new partnership.

Kestra Financial has added $180 million firm Moore Wealth Management.

Mercer Global Advisors said it has acquired Sage Future Financial, a $100 million RIA based in Albuquerque that serves approximately 45 households.

The 414-foot vessel was the fourth-largest in the world when it was built in 2003. It has gone through an eight-month refit and features 13 cabins two elevators, an eight-person submarine, two helipads and garage space for helicopters and an SUV.

Royal Harbor Partners, which is using Purshe Kaplan Sterling Investments as its broker/dealer, is led by partners Glenn Royal, Michele Jones and Natalie Picha.

Elias Herbert Hafen told clients to liquidate stocks and retirement accounts to invest in a fake investment fund, according to allegations; instead, the money went toward his expensive art collection.