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Don’t expect too many more large deals like Goldman Sachs’ $750 million acquisition of United Capital in the near future, says Joe Duran’s former business development exec. But there will be plenty of options for consolidation among current RIAs.

He wrote a pivotal opinion on the ability of states to impose income tax.

"This is pretty much first-generation wealth."

Executive Vice President Aaron Schaben will handle business growth and development for the firm while Chief Operations Officer Teri Shepherd will supervise Carson's institution and retail-focused divisions.

The SEC charged AR Capital, its founder, Nick Schorsch, and CFO Brian Block with fraudulently profiting off of REIT mergers.

Michelle Rudd will join the firm from Wells Fargo, where she managed $500 million in client assets.

Patrick Foy and Chris Willis will join LPL Financial from Raymond James Financial Services, citing the firm's platform and resources that can help streamline client services.

Penny Pennington has ambitious growth plans for the nearly 100-year-old brokerage.

Dan Timm, one of Edward Jones' most senior and longstanding employees, is retiring from the company after 36 years.

Fortunes faded.