Hai Khoa Dang lost nearly all of a retired couple's $2.2 million in retirement savings, according to a complaint filed by the SEC.

The newly established River's Edge Wealth Partners, with about $500 million in client assets, is led by advisors joining LPL from Wells Fargo.

CAPTRUST boosted its already large retirement plan business with the addition of RIA Plante Moran Financial Advisors' retirement practice, a team boasting $6.27 billion in assets under advisement.

The five-employee, multigenerational, family-run advisory firm serves investors in Alabama.

The addition of The Parker Group, which joins Baird from Morgan Stanley, marks the 11th private wealth management office in the state for the wealth management firm.