ClearPoint Capital joins Ameriprise from LPL Financial. The firm was founded by Michael Tuell, and he is joined by his children Jillian and John who are working to become licensed advisors.

The SEC claimed Motty Mizrahi defrauded clients of more than $3 million over a number of years. Mizrahi and his brother also face criminal charges of wire fraud for the alleged scheme.

In the one year since its original investment from Lovell Minnick, and one month after a further infusion of capital, Pathstone has grown by $7 billion in AUA and has ambitions to reach $50 billion.

Scarlett Abraham Clarke is joining the Massachusetts-based company, and hopes to help the firm cultivate talent and create safe workplaces for employees during the challenge of the remote work environment.

Hart Financial Group said it turned to Hightower to accelerate growth and free up time to spend with clients.

SEC Chairman Jay Clayton said he was 'cautiously satisfied' by Regulation Best Interest's rollout thus far and said that he was seeing harmonization in the customer experience in both brokerage and fee-for-service models.

Former Silver Lane Advisors executive Peter Nesvold makes his second investment in the RIA space.