Wealth Management Daily Memo

OCTOBER 11, 2021

Former Michigan Pastor Sentenced For Investment Ponzi Scheme

Patrick Donachie

According to the Justice Department, Larry Holley, a pastor at Abundant Light Ministries and the co-operator of Treasure Enterprise, raised nearly $9.3 million from more than 140 investors.

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Podcasts

Celebrity Estates: James Brown and Philanthropy After Death with Robert Strauss

David Lenok

What can advisors learn from the 15-year-long fight over the Godfather of Soul's estate?

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Is Investing in Emerging Markets Today Worth the Risks?

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Regulation

Wall Street Enforcer Becomes First Black U.S. Attorney for Manhattan

Christian Berthelsen (Bloomberg)

Damian Williams is taking charge of the office known for being the nation’s most aggressive prosecutor of white-collar crime.

Wealthies Circle Spotlight

Seeking Alternative Sources of Growth Through Private Equity

Contributed by CAIS

Private equity has become an increasingly important asset class to investors as a way to seek access to a broader set of growth opportunities

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