WealthManagement.com Daily Memo
 
Wealth Management Morning Memo

FEBRUARY 6, 2024

REGULATION AND COMPLIANCE

Lawmakers Reintroduce Bill Banning Forced Arbitration

The “Investor Choice Act” would prohibit b/ds and advisors from mandating client arbitration. Additionally, PIABA and other investor advocates are pressuring the SEC to ban the practice.

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INDUSTRY

LPL Recruits $520M Team From Osaic

The Equity Design Group team cited consolidation at Osaic as one of the reasons for jumping to LPL.

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WEBINAR

Golden Era for Credit: Floating-Rate Market Opportunities for 2024

Join our webinar on February 20th, as experts from Morgan Stanley explore the thriving opportunities in floating-rate credit investments

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ETFS

Spot Bitcoin ETFs Highlight a Busy Month of Launches

The 11 new spot bitcoin ETFs were among the more than 50 new ETFs that debuted in January.

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MUST READS

11 Investment Must Reads for This Week

Morningstar profiled the 15 funds that have destroyed the most wealth over the past 10 years. Investors who lost money on a deal are trying to shut down a real estate crowdfunding site. These are among the investment must reads we found this week for wealth advisors.

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