WealthManagement.com Daily Memo
Wealth Management Daily Memo

JUNE 29, 2021

INFOGRAPHIC

The Periodic Table of Asset Classes

The Periodic Table of Asset Classes is best perceived as a general organization of financial instruments arrayed in terms of relative liquidity and risk tolerance.  

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INDUSTRY

RIA Channel Gathers More Advisors, Clients in the Pandemic

Despite the impacts of the pandemic, the RIA channel reported a record number of advisory firms and assets under management per advisor, according to an Investment Adviser Association report.

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INDUSTRY

Focus Financial Buys $3.8B AUM Seattle Firm

Focus’ new partner RIA is legacy firm Badgley Phelps Wealth Management.  

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TECHNOLOGY

JPMorgan Agrees to Purchase Values-Investing Fintech OpenInvest

The acquisition follows JPMorgan’s recent takeover of 55ip, a fintech that focuses on helping investors cut their tax liabilities.

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Reassessing Independence in a Post-Pandemic World

The transition to working remotely accelerated the focus on digital marketing—and the realization that going independent is actually feasible.

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