Paul Kwak conspired with others to fraudulently apply for business assistance from the Economic Impact Disaster Loan program.

The latest defections include three advisors and an analyst who joined Kestra’s Private Wealth Services unit.

Quotient Wealth Partners, a new RIA created by Goldman PFM defectors, adds more advisors, as does Meridian and Advisors Capital.

Advisors Raymond Bardoul and Brian Fox will establish an Atlanta office for Totus Wealth Management, an OSJ of Cetera Advisors.

One Arizona team has launched their own firm with the support of Dynamic Wealth Advisors, while three other advisors have joined Meridian Wealth Management.

Jonathan Vincent Glenn faces 25 years in prison after pleading guilty to federal securities fraud charges.

The founder of Palantir, Addepar and Opto Investments discusses working with the government, his new alts investment platform and the complexities of RIAs.

The news of employees being let go at the Chicago-based firm follows reports last week that Orion and advisor tech firm Envestnet also faced layoffs.

Justin Maher agreed to a 12-month suspension for not informing Northwestern Mutual of his involvement in co-founding a crypto asset eventually promoted by Kim Kardashian, Paul Pierce, Floyd Mayweather Jr. and other celebrities.