A succinct summary of mergers, acquisitions and movement in wealth management for the week ending March 26.

Michael Barry Carter pleaded guilty last July to fraud for making unauthorized fund transfers out of client accounts.

Over the next five years, JPMorgan will partner with various historically black colleges and universities to offer students resources and information about careers in wealth management.

The Morgan Stanley–recommended law firm that represented the transitioning advisors told them their nonsolicit agreements with Schwab were unenforceable, according to their lawsuit against the lawyers.

The Financial Planning Association launched a new knowledge circle to focus on issues unique to the Asian American and Pacific Islander communities.

The firm added its first ever chief data and analytics officer and its first chief marketing officer since 2013, among other leadership hires, in an effort to bring more coherence across the business lines.