Advisor moves: LPL lands $350M veteran advisor duo in Florida. Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana. AUG 13, 2026 LPL has announced that Matt Roberts and Kent Voges have joined Frontline Investment Advisors, an LPL Financial-affiliated firm powered by 15 Wealth. Roberts and Voges, who worked together for 24 years, moved their Tampa-based practice from Valic Financial Advisors, now known as Corebridge Financial. The pair reported serving approximately $350 million in advisory, brokerage and retirement plan assets. Their practice focuses on individuals and families preparing for or living in retirement, along with helping the next generation build and preserve wealth. The team is supported operationally by Carol Gray. "We've always believed that financial advice starts with listening and education," Roberts said. "Every client's situation is different, and our goal is to help them feel informed, comfortable and confident about the decisions they're making." Voges pointed to the operational backing behind the move. "The support offered through 15 Wealth and Frontline Investment Advisors allows us to streamline our business and dedicate more of our time to serving clients," he said. Raymond James adds two teams managing more than $500 million. Raymond James & Associates, the firm's employee advisor channel, brought on two separate teams in the Midwest this week. Abby Stancik and Julie Sabransky joined RJA in Deerfield, Illinois, operating as Stancik & Sabransky Wealth Management of Raymond James. The pair arrive from Wells Fargo, where they previously managed more than $200 million in client assets, and serve individuals and families, healthcare professionals and retirees. They are joined by client service associates Melissa Hypes and Blake Carpenter. "We chose Raymond James because its culture reflects the way we serve clients with objectivity, long-term thinking and a strong commitment to putting people first," said Stancik, a veteran wth 27 years of industry experience. Sabransky has been in the industry for 32 years. Separately, Michael Rose and Scott Gillespie joined RJA in Lafayette, Indiana, forming Pathway Advisory Group after departing Stifel, where they managed $316 million in client assets. The team, joined by senior registered service associate Patty Horner, works with individuals, families and small business owners, with an emphasis on multi-generational wealth planning, retirement and education strategies. "Raymond James provides our team with the culture, succession planning and local leadership to support the long-term growth of our clients and our practice," said Rose, who has been in the ndustry for 25 years. Gillespie started his career in financial services in 2000. UBS lands Cincinnati-area duo from Morgan Stanley. In Kenwood, Ohio, UBS added financial advisors Mitch Edwards and Jeff Stanley, who joined from Morgan Stanley to form The Stanley Edwards Group within the firm's Ohio-Indiana-Kentucky market. A veteran of the US Air Force, Edwards brings experience serving pre-retirees, retirees and business owners through wealth planning and investment management, having held roles including senior vice president, wealth management, and senior portfolio manager at his prior firm. Stanley focuses on helping clients preserve and manage wealth through customized financial planning built around individual and family priorities. Andrew Dempsey, market executive for the region, welcomed the pair, highlighting their "substantial industry experience, [strong] commitment to their clients and deep relationships in the Ohio market."

BitMEX to shut down after 11 years. CW 30 BitMEX and BitMart announced plans to cease operations. Movement Labs filed for bankruptcy after prolonged weak network activity. Meanwhile, Mirae Asset rebranded Korbit as Digital X following its acquisition, while LMAX explores strategic options, including a potential IPO or sale. BitMEX and BitMart announce exchange closures. Two cryptocurrency exchanges, BitMEX and BitMart, have announced they will cease operations. BitMEX, the pioneering derivatives exchange founded in 2014, will close on September 23, 2026, following a strategic review by its board. The exchange, known for inventing the 100x leverage perpetual swap, has stopped new account registrations immediately. From August 26, users can only reduce positions, not open new ones. All open positions will be force-closed at the closure time. BitMEX highlighted its 11-year track record of zero funds lost to hacks. Users are urged to withdraw funds before the deadline, after which account fees will apply to remaining balances. BitMart also announced an orderly cessation of operations, though specific details were not immediately available Movement Labs files for bankruptcy. The Movement blockchain has filed for bankruptcy after struggling to generate meaningful revenue since November 2025. According to DeFiLlama data, on-chain app daily revenue consistently fell below $800, while daily network fees remained in single digits, with just $1 in the past 24 hours. This poor performance came despite the project raising $141.4 million in total funding. The native token's fully diluted valuation has collapsed to $107 million, down over 99% from its peak. The stark contrast between the substantial capital raised and minimal operational revenue highlights the challenges facing the blockchain project. Mirae Asset rebrands Korbit to Digital X. South Korean financial giant Mirae Asset has completed its acquisition of 97.15% of local crypto exchange Korbit and rebranded it as Digital X. The company plans to build an investment ecosystem connecting RWA, security tokens, stablecoins, traditional assets, and digital assets. Mirae Asset emphasized its goal is not to surpass Upbit or Bithumb, but to combine global investment expertise with digital asset infrastructure to promote sustainable development in Korea's digital asset industry. Korbit currently holds less than 1% of the Korean market. Meanwhile, institutional forex and digital asset trading platform LMAX Group has hired Morgan Stanley and Stifel's KBW to evaluate strategic options, including a potential sale, SPAC merger, or IPO in the US or Europe. The company could be valued at up to $5 billion, with a Nasdaq listing being the preferred option. In 2021, J.C. Flowers acquired 30% of LMAX for $300 million, valuing the company at around $1 billion at the time. About 1token: 1Token is a digital asset investment management platform providing Crypto PMS, RMS, and Portfolio Accounting Software, managing over $20 billion in assets for more than 100 clients worldwide. All-in-one support designed for allocators, portfolio managers, treasury managers and fund operations and accountants, seeking transparency and control. * Front office (portfolio managers and traders) to view live position and exposure, calculate trading PnL and historical performance. * Middle office (ops and risk) to maintain portfolios and API accounts, book OTC trades, monitor risk metrics and analyze VaR/STV, generate shadow NAV with investor subscription/redemption/dividend. * Back office (admin and auditors) to collect and reconcile trades, generate valuation and PnL reporting under FIFO/WAC tax strategy.