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.Mariner Wealth faces suit after luring seven employees, $621M in assets from competitor
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.
Members of the United Auto Workers at General Motors' Fairfax Assembly Plant in Kansas City, Kansas, voted Monday on a new four-year labor agreement. Similar votes occurred at GM facilities nationwide.