Leo J. Kelly and Joel Guth, whose firms respectively managed more than $2 billion and $1 billion respectively, cut their ties with Chicago-based aggregator last week.
Chicago-based “roll-up” expects to add $6.5 billion from ten firms.
Stifel finds a new producing branch manager for its fledgling Atlanta branch while HighTower picks up a duo in a leafy New York suburb.
Seeks return of $230,000 in severance, alleging the recruiter maligned firm to advisors, current and former employees and competitors in violation of exit agreement.
Advisor Brian Amidei denies allegations of stealing credit for sister team’s accounts, hints at retaliation over his threats to leave.
Acacia Wealth Advisors, which has about $500 million of nondiscretionary client assets, becomes a partner of Chicago-based firm.
Firm continues to recruit after pushing back IPO.
Paul Pagnato and David Karp forfeited millions of dollars of equity in split with firm that they say is beholden to its private-equity backers.