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The findings from an investigation by the law firm Dechert showed how the disgraced adviser’s knowledge of the tax system and skill managing the affairs of the ultra-rich helped Black save at least $1 billion, and potentially more than $2 billion.

Marrs Wealth Management of Ames, Iowa, joined the Mercer platform for its succession planning and back-office support.

Gary Wayne Hammond allegedly failed to inform his firm of transactions totaling more than $1.6 million, including significant investments in his half-brother's companies, which FINRA claims were Ponzi schemes.

Here are the breakaways, mergers and acquisitions announced the week of Jan. 18, 2021.

Mercer's purchase of Hart Capital Management represents the sixth deal the large RIA has announced this month.

Paul Lofties, who had been with Securities America since 2003, left the firm in December, and plans to join an advisor coaching and consulting firm.

The pardon of David Tamman was one of more than 140 pardons and commutations the outgoing president announced shortly before the end of his tenure and Joe Biden's inauguration.

Advisors Michael Brown and Brian Flynn have left Magnus and teamed up with practice management coach Penny Phillips to create Journey Strategic Wealth, a new spin on the aggregator model.