Alex Oh, who joins from law firm Paul, Weiss, Rifkind, Wharton & Garrison, replaces Stephanie Avakian, who stepped down from the role in December after a four-year tenure under the Trump administration.
Private equity firm Golden Gate Capital approached Avantax last week, Bloomberg reports, but it's unknown whether the firm will consider a deal.
Tobias Financial Advisors' Marianela Collado tells her story about the importance of a succession plan for financial advisors.
Advisor Services Exchange, the enterprise-level collaboration between Envestnet and Dynasty Financial Partners, is introducing an outsourced CFO capability for all advisors.
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.
