Peter Mallouk of Creative Planning, after years of growing organically, makes his third purchase so far this year, but says the firm will avoid going down the private-equity funded, roll-up path that other national RIAs are pursuing.
Dr. Buss had a succession plan in place to cover his 66% ownership of the Lakers. But even the best-laid plans can crumble.
Edward Jones has lost an effort to prove a terminated advisor was soliciting clients in breach of his employment contract.
