Morning Memo
Wealth Management Morning Memo

JULY 9, 2021

J.D. Power: Wirehouse Advisors Complain of Reduced Home Office Support

Wirehouse advisors reported lower levels of support and greater levels of business disruption over the last year compared to non-wirehouse and independent advisors, according to a J.D. Power survey.

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Industry

How Advisory Firms Leveraged Outsourcing to Survive the Pandemic

By outsourcing costly and time-intensive processes, advisory firms have been able to re-devote their attention to the valuable services they’ve been hired to provide for their clients.

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Industry

Captrust Acquires $2.1B South Carolina RIA

The deal represents Captrust's fifth acquisition so far this year, adding 17 professionals and $2.1 billion in assets.

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Industry

HUB International to Acquire $4.6B Trusted Capital Group

HUB International will expand its retirement and private wealth division with the purchase of TCG.

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