Morning Memo
 
Wealth Management Morning Memo

SEPTEMBER 3, 2022

I’m an Advisor. This Book Changed My Life

The 13 books that your colleagues say rocked their world.

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RIA News

Two Women-Led RIAs Merge With Bluespring Support

The combined firm, operating under the Curo Private Wealth brand, oversees $460 million in assets and provides Bluespring with a D.C. hub that it can continue to build out.

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Regulatory

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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WHITE PAPER

Demystifying the Independent Channel

Learn which advisors seek independence and why.

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Client Relations

10 Techniques for Grieving Advisors

You're constantly checking in on aging clients, but who's checking in on you?

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Technology

Orion to Pull Back on Acquisitions, Focus on Integration

Tapping into Amazon's cloud service, the wealthtech company will slow its acquisition pace to focus on integrating the multiple businesses—and data—into one unified platform, executives say.

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Regulatory

CFP Board Vacates Suspension of Former UBS Advisor

The CFP Board reversed Joseph Whitney's interim suspension after New Jersey prosecutors dismissed criminal charges of conspiracy against him.

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Estate Planning

Newman's Own Estate Fight

Paul Newman’s daughters sue the Newman's Own Foundation, alleging contributions to their designated charities were improperly reduced.

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Practice Management

Keeping your Status: Getting the Most of Your Custodial Relationship

Explosive growth in the advisor industry has strained ancillary services, especially in the custodial space.

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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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