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The group includes an advisor who started his career at Merrill in 1977.
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More than half of these funds have fees higher than 75 basis points.
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Will Lopez is head of the accountant community at
Gusto , which makes payroll and benefits software for small business customers.August 25 -
This follows another August acquisition — an ex-UBS team that managed $1 billion in assets.
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The slate of new hires come from several competitors including Wells Fargo and Edward Jones.
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The saga lays bare the rough-and-tumble ways of distressed investing, where investors look to pull every lever in their favor.
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