A&O Advisors helps exonerees who have won substantial civil settlements for the injustices they suffered build a financially secure future after years in prison.
In 1991, five Black teens were falsely convicted of raping and murdering a 14-year-old girl. In 2011, their convictions were vacated, and they reached a wrongful conviction settlement with the state of Illinois for $40 million in 2014.
Jim Roth, a former managing director at BNY Mellon Pershing, is the latest industry vet to join Oyster Consulting as it builds out a wealth management business.
The addition of David Carroll and Jon Springer is the third team to join the firm since Chris Freimuth and his team left BOK Financial Wealth Group to launch it in March.
The SEC had previously revoked International Investment Group's registration as an investment advisor, and also obtained a final judgment requiring the firm to pay $35 million in disgorgement and prejudgment interest.
Kamila McDonnough stressed the need for diversity and experience among the public members of the Board—and need to reach more individuals with interest who are apt to shy away from pursuing a career in the industry.
Kamila McDonnough, the president of an RIA firm and a member of the CFP Board, will take over the role of board chair in 2022, becoming the first Black woman to do so.
