Morning Memo
 
Wealth Management Morning Memo

JUNE 20, 2023

INDUSTRY

New Investment Outsourcing Firm Ategenos Sells Minority Stake to Envestnet

Fresh off its SEC registration approval, Ategenos, launched by former Brinker Capital executives in May, has also gone live with its new discretionary investment management portfolios. 

FULL ARTICLE

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RPA EDGE

Is the 401(k) Industry a Threat or Opportunity for Wealth Management Firms?

At the very least, fees are going down.

FULL ARTICLE

CLIENT RELATIONS

The Power of Thoughtful Financial Advice During Key Life Events

Proactive engagement reflects a commitment to comprehensive financial wellness, creating a meaningful and long-lasting impact on clients’ lives.

FULL ARTICLE

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PEOPLE

Two Top Pershing Execs Jump Ship

Pershing's Lisa Crafford and Morgan McGovern have resigned from their roles at the RIA custodian.

FULL ARTICLE

EQUITIES

Big US Stocks Surely Can't Outperform Forever

Was Warren Buffett right all along and you should just invest in the S&P 500 with a bit in bonds as a hedge? Yes — at least so far.

FULL ARTICLE

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