WealthManagement.com Daily Memo
 
Wealth Management Morning Memo

FEBRUARY 22, 2024

RIA NEWS

Allianz, Constellation Wealth to Buy $450M Stake in AlTi Global

The capital will be used to pursue organic and acquisition-based growth globally.

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INDUSTRY

$700M California Team Leaves Osaic for Stratos Wealth

Pettinelli Financial Partners is the latest of several firms leaving Osaic this month.

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FASTCHAT VIDEO

What is Innovation in the Mid-Cap Space

Listen in as Ian Sexsmith, CFA, Portfolio Manager and Senior Research Analyst, Parnassus Investments, and David Armstrong, Director of Editorial Strategy & Operations, WealthManagement.com, discuss the untapped potential in mid cap tech stocks and the unique opportunities and risks they pose.

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PEOPLE

Mercer Global Advisors Hires CFO From McKinsey

The RIA has brought on Gün Keresteci, former global head of finance at McKinsey.

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RPA

A More Focused Idea of ‘Convergence’

“Life moves pretty fast. If you don’t stop and look around every once in a while, you could miss it.”  

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