Morning Memo
 
Wealth Management Morning Memo

JANUARY 13, 2024

ETFS

SEC Approves 11 Bitcoin ETFs

The decision comes a day after the commission’s X handle was hacked, with someone falsely posting the SEC had approved the funds.

RELATED:
Spot Bitcoin ETF Race Kicks Off With a Fee War
What to Tell Investor Clients About Bitcoin ETFs


FULL ARTICLE

TECHNOLOGY

What’s Next For Envestnet After Bill Crager

Since taking over as CEO following co-founder Jud Bergman’s death in 2019, Crager and the company have weathered several storms.

FULL ARTICLE

RPA EDGE

2024 Will Be the Year of the PEPs

Record keepers are the biggest inhibitors.  

FULL ARTICLE

PEOPLE

Goldman Sachs Names New Head of Retirement

Greg Wilson, currently the head of Workplace Advisory Solutions for Goldman Sachs Ayco, will serve as head of retirement within Goldman Sachs’ Asset & Wealth Management division.

FULL ARTICLE

RIA NEWS

Cambridge Launches New RIA Acquisition Model

The IBD has created a new RIA, BridgePort Financial Solutions, to execute on its flexible acquisition strategy; it launches with three transactions and $1 billion in assets under advisement.

FULL ARTICLE

ESTATE PLANNING

New Risks with Grantor Trust Reimbursement Provisions

IRS changes its position in CCA 202352018.

FULL ARTICLE

ESTATE PLANNING

Live from Heckerling: Planning for Modest Estates

Just because you have a tool doesn’t mean you should use it.

FULL ARTICLE

INSURANCE

Life Insurance as an Investment for Retirement

Sold as a tax play, it’s more about the policy and the agent.

FULL ARTICLE

ESTATE PLANNING

Live from Heckerling: Is ESG Investing Sustainable for Trustees?

To what extent can a trustee allow for beneficiaries’ wishes and still retain settlor intent?

FULL ARTICLE

RIA NEWS

Diversify Launches New W-2 Division with Three Deals

Diversify adds more than $2 billion in AUM with the debut of its acquisitive employee model.

FULL ARTICLE

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