WealthManagment.com Daily Memo
 
Wealth Management Morning Memo

OCTOBER 17, 2023

RIA NEWS

Fidelity Unveils Resources to Help Advisors Go Independent

The new Fidelity Independence Hub offers information and tools for advisors thinking about striking out on their own.

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RIA NEWS

Beacon Pointe Completes First Wirehouse Breakaway Acquisition

Beacon Pointe is looking to the wirehouses to bring over talent and assets at lower multiples.  

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INDUSTRY

Merrill Lynch on Track for Record Year in Client Acquisitions

Merrill added about 33,500 net new client relationships year-to-date, according to the firm's third quarter earnings. Wells Fargo also announced earnings this week, with mixed results for its wealth management business.

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Goldman Sachs to Shift PFM Resources Toward the Ultra High Net Worth
Schwab’s Custody Asset Growth Slows in Q3


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TECHNOLOGY

FinanceHQ Emerges From Stealth Mode

The digital lead generation provider is banking on its proprietary technology to stand out in a crowded field.

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ADJUSTED FOR RISK PODCAST

Trying to Make Sense of The Current Investment Landscape

Uncertainty is the only certainty.

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Investment Strategies

Top RIAs on The Current Investing Climate: Cerity Partners

Cerity Partners CIO Ben Pace likes core fixed income while underweighting U.S. large cap equities.  

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