The bank filed a complaint in federal court alleging that the former employees resigned earlier this month and have attracted 48 clients with about $59 million in assets.

UBS recruited two teams with over $1 billion in AUM from Wells Fargo and JP Morgan in Miami.

But they worry about U.S. financial literacy and estate readiness.

The world’s 500 richest people added $1.8 trillion to their combined net worth last year, lifting the total to $7.6 trillion.

Steward Partners has added the Poljak Group to its quick-growing list of firms.

The RIA custody business represented a 'channel conflict' for Morgan Stanley, which sold it to Axos Financial for $55 million.

The settlement between the SEC and Chistoper Hibbard comes several months after he was sentenced to more than eight years in jail for defrauding numerous clients.