Wealth Management
 
WealthManagment.com Daily Memo
Wealth Management Daily Memo

JANUARY 28, 2025

INDUSTRY

Broker Advocates Uncertain About Trump’s Labor Secretary Choice

Financial Services Institute CEO Dale Brown acknowledged the organization wasn’t as familiar with potential DOL Head Rep. Lori Chavez-DeRamer as it was with SEC Chair Nominee Paul Atkins.

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INDUSTRY

Osaic Adds $6B Navy Federal Investment Services To Institutions Platform

The deal with Navy Federal indicates that Osaic is “open for business” in the large credit union space.

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WMIQ

Advisor Sentiment Index: RIA Economic Optimism Ends 2024 at Record High

Belief in the future of the economy grew for the fourth straight month, even as the post-election bump in market sentiment faded slightly.

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MUST READS

10 Investment Must Reads for This Week (Jan. 28, 2025)

Ray Dalio warned that the runup in values of AI-tied firms is a reminder of dotcom bubble excesses, reports the Financial Times. Single-stock ETFs magnified some of the losses in markets amid the DeepSeek fallout, according to etf.com. These are among the investment must reads we found this week for wealth advisors.

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