Kate Swimley was hired this month to cover the ultra-wealthy for Apollo’s family office business after almost a decade at BlackRock.

Mills was replaced by Jonathan Leach, previously deputy head of Citigroup’s investment management division after earlier serving as head of investments for North America.

Minority investment will support succession and technology initiatives for the Austin-based institutional asset manager.

Nicolas Puech wants to leave his sizable inheritance to his 51-year old gardener.

But the wirehouse has increased expense allowances for all advisors and reduced incentives for mortgage referrals.

Mariner Wealth Advisors' claims follow Edelman Financial Engines' lawsuit filed last month accusing Mariner of recruiting Edelman advisors, and helping them break non-solicitation agreements.