WM Morning Memo
 
Wealth Management Daily Memo

OCTOBER 03, 2024

INDUSTRY

Analysts Largely View LPL CEO’s Firing as ‘Isolated Incident’

Analysts don’t expect Dan Arnold’s termination to disrupt the day-to-day, and they have confidence in interim CEO Rich Steinmeier and the rest of the management team.

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PEOPLE
SEC Enforcement Director Gurbir Grewal to Leave Agency
Grewal’s last day will be Oct. 11. He joined the commission in 2021 and has overseen numerous notable cases, including the first actions related to Regulation Best Interest.
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FASTCHAT VIDEO
Protective’s Focus on Variable Annuities for Guaranteed Lifetime income
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ALTERNATIVE INVESTMENTS

Private Credit Explained

A potential alternative to alternatives for the right investors.

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EQUITIES

The Stock Market Is Becoming a Dumping Ground

The quality of smaller listed companies has deteriorated as raising private capital becomes easier than ever.

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