WM Morning Memo
 
Wealth Management Daily Memo

OCTOBER 22, 2024

PEOPLE

LPL Board Names Rich Steinmeier CEO

Following CEO Dan Arnold's sudden firing earlier this month, LPL's board has chosen Steinmeier as his permanent replacement, while CFO Matt Audette adds president to his title.

Read More >

      Advertisement

RIA NEWS

Hightower Takes Majority Stake in Institutional Consultant NEPC

With NEPC, Hightower and its affiliates will represent over $1.8 trillion in assets under advisement and $258 billion in assets under management.

Read More >

SPONSORED CONTENT
How Business-Owning Families Can Work Together
Join this webinar to learn about the importance of strategic philanthropy for family-owned businesses.
Register Now >

      Advertisement

ETFS

SEC Fines WisdomTree $4M for Greenwashing ESG ETFs

The agency said the investment manager failed to adhere to its own investment criteria on three ESG-marketed ETFs that WisdomTree shuttered earlier this year.

Read More >

RIA NEWS

Lido Advisors Acquires $3B Wisconsin RIA

The deal with Pegasus Partners is the largest since Lido sold a minority stake to private equity firm Constellation Wealth Partners earlier this year.

Read More >

SPONSORED VIDEO
Streamlining Practice Management Through Data Aggregation
How using data aggregation with a practice management platform can help grow your retirement plan business.
Watch Now >

      Advertisement

Trending Podcasts

Wealth Management Invest: Breaking Down Semi-Liquid Funds with StepStone CEO Bob Long

StepStone Private Wealth's CEO details how and why the company uses semi-liquid evergreen funds over other private market investment vehicles.

Read More >

Adjusted for Risk: What the New Interest Rate Regime Mean for Dividend Investing

Miramar Capital's Max Wasserman details the impact interest rate cuts have on investor mentality and misconceptions about dividend investing.

Read More >

Realta Wealth Hires New Head of Advisor Relations From Cetera

In the newly created position, Abbey Eastham, a former senior investment solutions manager at Cetera, will manage the relationship between Realta and its network of over 150 advisors.

Read More >