Morning Memo
 
Wealth Management Morning Memo

MAY 3, 2023

HIGH NET WORTH

Advising Clients on Strike

In light of the recent Writer's Guild strike, advisors can play an important role in helping clients caught up in a work stoppage.

FULL ARTICLE

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INDUSTRY

Lido Advisors Picks Up $1B First Republic Team in San Diego

Another advisor team—this time a San Diego-based group that managed $1 billion in client assets—has departed First Republic, as JPMorgan Chase takes over the troubled bank.

FULL ARTICLE

WHITE PAPER

Advisory Annuities and the Role of Fiduciary Duty

Overcoming the RIA/Annuity disconnect by addressing common financial advisor objections.

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REGULATION AND COMPLIANCE

Former Wells Fargo Advisor Sentenced for Identity Theft, Stealing Client Funds

Tyler Rigsbee will spend two years in prison for faking a client’s identity to steal from their account and stealing from another to cover up the initial theft.

FULL ARTICLE

RIA EDGE PODCAST

The Evolution of RIA M&A With Focus Financial’s Rajini Kodialam

Rajini Kodialam, Focus Financial's co-founder and chief operating officer, discusses the M&A opportunities that exist today for RIAs.

Sponsored by Schwab Advisor Services

LISTEN NOW

WHITE PAPER

Blueprint for Building an Enduring Practice

What your business needs to thrive now—and for many years to come.

LEARN MORE

WMRE

REAL ESTATE

Institutional Investors Still Like Real Estate, But Are Waiting for Better Prices

Some of the bigger players are still making deals. But the majority are waiting for market dislocation to work itself out so they can take advantage of the resulting bargains.

FULL ARTICLE

REAL ESTATE

Real Estate Debt Funds Step in to Fill a Financing Void

Real estate debt funds are targeting all types of strategies, but are becoming particularly active on construction financing, an area where the pullback from banks has been more severe.

FULL ARTICLE

SPONSORED WEBINAR

The Critical Minerals Supply Crunch: Mining the Energy Transition for Investment Opportunity

Join us on May 4th to how the supply-demand scenarios for lithium, uranium, copper, and nickel may impact miners, and the resulting investment opportunities.

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