WealthManagement.com Daily Memo
 
Wealth Management Morning Memo

FEBRUARY 12, 2024

REGULATION AND COMPLIANCE

Former Oppenheimer & Co. Advisor Sentenced to Nearly 8 Years in Prison for $49M Ponzi Scheme

John J. Woods pleaded guilty last year to a scheme that spanned more than a decade and harmed hundreds of investors throughout the country, according to the Justice Department.

FULL ARTICLE

Advertisement

RIA NEWS

Former Morgan Stanley Advisor Launches RIA With Tru Independence

An early architect of the wealth management platform at Smith Barney, Christopher Poch has created Promethium Advisors on the tru Independence platform.

FULL ARTICLE

WHITE PAPER

Tech Insights: Navigating the Future of Wealth Management

Insights from industry leaders on the dynamic technology landscape of wealth management.

DOWNLOAD NOW

PEOPLE

Stifel’s IBD Chief Alex David Jumps to Raymond James

The former Stifel and Wells Fargo executive will serve as Northeast division director for Raymond James’ independent advisor channel.

RELATED:  Stifel Independent Advisors Adds Teams from Wells Fargo, LPL Financial

FULL ARTICLE

ALTERNATIVE INVESTMENTS

Morningstar Wealth Adds SMAs to U.S. Wealth Platform

Morningstar sourced the third-party SMAs from asset management firms including AllianceBernstein, John Hancock and others.

FULL ARTICLE