Modern Wealth hired a chief compliance office who will work out of the firm's Lenexa office, which was established through the acquisition of Barber Financial Group in April and since has bolted on two other financial planning firms.

Kansas City-based CorEnergy Infrastructure Trust will face serious issues with its debt if its doesn't win an appeal against delisting by the New York Stock Exchange. The company lacks the cash or liquidity to pay off notes whose repayment the delisting would trigger.

The Kansas City Chiefs are in a win-now situation, with nearly half the team up for free agency in the offseason. The combination of several high-paid (and very valuable) players and others going and coming via free agency could complicate the team's salary cap math.

Edelman Financial Engines is suing Overland Park-based Mariner Wealth Advisors after it hired at least seven former employees and allegedly used them to get former clients to move about $621 million in assets.

Dan Lowe won a $4.1 million settlement in a case against his former partners at RED Development, but as soon as the money was awarded, creditors began lining up and staking a claim to it.

The big local player will team up with Mazars, the world's 11th-largest accounting firm, by acquiring its U.S. subsidiary. Although the two companies will maintain separate ownership, they will operate under a single, new brand once the deal closes in June.