Mariner Wealth Advisors, one of the nation’s largest registered investment advisors and a frequent acquirer of smaller practices, is facing at least three lawsuits alleging it improperly solicited clients of rival firms.
Earlier this month, RWA Wealth Partners sued Mariner in Los Angeles County Superior Court, alleging that Mariner coordinated with a predecessor firm’s employee—referred to in the complaint variously as an “inside man,” a “double agent,” and a willing player of “the Benedict Arnold role”—who allegedly used…
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