The results deal a blow to RIA and investor Ancora, which launched a proxy battle with Blucora, parent of broker/dealer Avantax, in mid-March, seeking four seats on the company's board.
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.
The tragic death of her father on 9/11 set advisor Chloe Wohlforth on a life journey influenced by that day.
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.
