WealthManagment.com Daily Memo
 
Wealth Management Daily Memo

APRIL 10, 2023

Karl Heckenberg Steps Down as CEO of Emigrant Partners

Barry Friedberg, co-chairman of New York Private Bank & Trust, Emigrant Partners’ parent company, will assume Heckenberg’s responsibilities on an interim basis.

FULL ARTICLE

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WHITE PAPER

The Cost of Being Too Liquid

Why advisors should consider developing an “illiquidity bucket.”

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Industry

What the Bank Crisis is Teaching Us About the Industry Landscape

The natural order is being tested in the wealth management industry, and it will be some time before we see who the real winners and losers are.

FULL ARTICLE

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REITs

Publicly-Traded REITs Tread Water in March; Remain Up for the Year

Despite some clamor about the state of real estate financing, mortgage REIT balance sheets remain in good shape.

FULL ARTICLE

FASTCHAT VIDEO

Finding Balance Between Guarantees and Flexibilities in Annuities

Listen in as Corinne Anderson, VP of Retirement Product Strategy at Protective Life, talks about the silver lining in rising interest rates for clients looking to save for retirement.

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People

Nuveen’s John Miller to Retire as Head of Firm’s Municipals Business

The departure was announced alongside Nuveen’s settlement of a years-long legal battle with Preston Hollow Community Capital.

FULL ARTICLE

Podcasts

THE WEALTHSTACK PODCAST

Five Trends Shaping Wealth Management in 2023

Nexus Strategy's Tim Welsh describes the subtle yet dramatic changes happening in the independent wealth space that will shape the industry going forward.

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MINDY DIAMOND ON INDEPENDENCE

The Evolution of an Independent Practice

David Pulcini of SixPoint Financial Partners discusses his path from insurance broker/dealer to independent B/D, and ultimately on to hybrid RIA, RFG Advisory.

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SPONSORED WEBINAR

Investing For The Long Run: How Hedged Equity Can Help Investors Stay The Course

Join the conversation on Wed. Apr. 12th as our presenters dig into how diversification has failed investors for decades, not just in 2022, and how to navigate this uncertain market.

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