A year after two bestselling authors teamed up with the heady dream of building the country's first national RIA to serve a million clients, the dream has died.

Bestselling "Finish Rich" author David Bach is out as vice chairman of Edelman Financial. "We are both disappointed, but that is how life goes sometimes," author Ric Edelman says of the split, while declining to discuss the reasons behind it. "We have no animosity towards each other, and we wish each other the best. David is a great guy and I enjoy spending time with him, and it's a shame that we won't be doing so in the business going forward."

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