People

According to a lawsuit filed in Ohio federal court, Paul Saba created fictitious email addresses to falsely accuse two Raymond James employees of assault, insider trading and supporting a networking group for neo-Nazis.

BofA announced it hired Ed Riley and Jessica Mullin several days after unveiling its new advisory group for ultra-high-net-worth clients based out of its Merrill Wealth division.

MacKillop, a pioneer of flat-fee asset management, said the work of integrating First Ascent into GeoWealth is done, and he's looking for his next professional endeavor.

Oklahoma-based financial advisors John “David” Veitch and his son Drew are joining Raymond James’ employee advisor channel, designed for breakaways from wirehouses.

Arun most recently served as COO of Envestnet's Yodlee unit, where he had spent more than 16 years.

Mark Sullivan manages $800 million in client assets and is joining Procyon, while St. Petersburg, Fla.-based advisor Mary Lauritano (managing about $525 million in assets) is joining Raymond James’ employee advisor channel.

The firm has offices in Cedar Rapids and a second location in Las Vegas. The firm’s head said the decision was “our way of ensuring our legacy.”