WealthManagment.com Daily Memo
 
Wealth Management Daily Memo

SEPTEMBER 1, 2022

DOL Orders Wells Fargo to Pay $22M for Retaliation Against Whistleblower

Wells Fargo improperly terminated a senior manager that voiced concerns regarding potential financial law violations, including wire fraud.

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Industry

CFP Board And Schwab Unveil Diversity Scholarship Program

At least half of the recipients will be from populations underrepresented in the profession.

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Industry

Jefferies Tells Staff to Come Back to Office on Consistent Basis

The company has “no issue” when employees need to work from home from time to time, though it wants senior bankers to be coming in to motivate their junior counterparts, according to a memo to staff. The memo follows similar moves from banks including Goldman Sachs Group Inc. and Morgan Stanley in recent days.

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WMIQ RESEARCH

How COVID-19 Impacted Investment Outsourcing Strategy

About half of all respondents to the new Race to Scalability 2022 Study who outsource report increasing their overall use of third-party providers over the past three years.

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Prospecting

Getting Through a Gatekeeper to Your Potential Client

Do’s and don’ts for advisors.

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ETFs

The Most Actively Traded ETFs in the Past Month

These funds saw the most activity over the past 30 days.

FULL ARTICLE