WealthManagment.com Daily Memo
Wealth Management Daily Memo

FEBRUARY 4, 2021

REGULATION AND COMPLIANCE

GPB Capital Founder and CEO Indicted for Alleged Fraud

In a parallel action to the DOJ’s, the Securities and Exchange Commission also charged GPB and a broker/dealer that marketed its securities with running an allegedly Ponzi-like scheme that raised over $1.7 billion.  

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TECHNOLOGY

Q&A: Former Schwab CEO David Pottruck and Magnifi Chief Rick Hurwitz on the Wealthtech Ecosystem

In addition to being an investor, Pottruck is executive co-chairman of startup Magnifi's board; he and CEO Hurwitz talk about where the industry has come from and where it could go.

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INDUSTRY

Creative Planning Snatches Up $6B Retirement Division

IRON Financial’s retirement division focuses on government agencies, a new focus for Creative Planning.

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MICHAEL KITCES' #FASUCCESS PODCAST

Alex Hopkin on the Evolution of Paraplanning

Simply Paraplanner's Alex Hopkin details what paraplanners do to make an advisory firm more efficient and effective.

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Wealthies Circle Spotlight

Meet the Edward Jones of Now

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