Wealth Partners Capital Group continues to hold a minor stake in the $12 billion MAI Capital.

The SEC argued that ISC, with more than $1 billion AUM, also failed to self-report during the SEC's Share Class Selection Disclosure Initiative even though it was eligible to do so.

Wood laid out the thinking behind Ark Investment Management’s approach and called out Michael Burry directly.

Marcus Boggs pleaded guilty earlier this year for swindling clients, including one man who had received a large civil settlement from a wrongful murder conviction. Boggs was sentenced to more than three years in prison.

Leo Group, The Capital Company and BFT Financial Group merged to form $4.3 billion Leo Wealth to better serve international wealth.

The advisor moves, mergers and acquisitions you may have missed the week of Aug. 9-13, 2021.

RIA consulting firm FP Transitions has tapped Scott Leak, whose institutional sales role at TDAI was cut in the wake of Schwab's acquisition, as a senior consultant.