WealthManagement.com Daily Memo
 
Wealth Management Morning Memo

APRIL 8, 2024

LPL’s Head of Wealth Management Departs

Rob Pettman is leaving the independent broker/dealer after 17 years to join a fintech firm.

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WMIQ RESEARCH REPORT

Client Cash: Mapping an Underexplored Opportunity

Ninety-two percent of advisors report that their clients have expressed interest in HYSAs.

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RIA News

Wealth Enhancement Group Hires Former BlackRock Exec to Direct Investments

Jim Cahn is also moving into a new role, while Dan Stampf was brought in from Empower to head up a new products team.

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Regulatory

FINRA Fines Florida B/D $500K For Not Retaining Business-Related Texts

Dawson James Securities failed to retain more than 10,000 business-related texts, including consumer complaints and client conversations, over 10 years, according to FINRA.

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Estate Planning

Heirs Should Participate in Clients’ Estate Planning

It may produce better outcomes.

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