WealthManagment.com Daily Memo
 
Wealth Management Daily Memo

AUGUST 21, 2023

FINRA Names New Enforcement Division Leader

Executive Vice President Bill St. Louis will take over from interim director Christopher Kelly.

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High Net Worth

FDIC Changes Insurance Coverage of Trust Bank Accounts

Soon, accounts held by trust may be insured by the FDIC for up to $1,250,000, rather than the current $250,000 limit on many individual accounts.

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RESOURCE CENTER

Advisors in Search of the Ideal Broker-Dealer

What Does an Ideal Broker-Dealer Look Like? For advisors who are considering partnering with a new broker-dealer, there are several important issues to investi­gate.

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Industry

Former Carson CMO Lands at FiComm

FiComm has hired Mary Kate Gulick as its new executive vice president of marketing.

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Opinions

Alternatives Education Is Essential For Financial Planners

Planners and clients face challenges and concerns regarding liquidity, fund structures, tax implications, and fees associated with alternative investments. Addressing these concerns requires collaborative educational efforts the industry.

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WHITE PAPER

Blueprint for Building an Enduring Practice

What your business needs to thrive now—and for many years to come.

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Industry

Goldman Sachs Plans to Undo Another Solomon Deal Chasing Mass Market

The acquisition was part of a plan to broaden the firm’s revenue beyond a traditional focus on ultra-wealthy individuals.

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