WM Morning Memo
 
Wealth Management Daily Memo

OCTOBER 04, 2024

INDUSTRY

LPL Snags $2B Team from Raymond James

The move allows Founder Tom Noble to retire and hand over the reins to the next generation.

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PEOPLE

Fired LPL Chief Championed Firm Culture He Later Violated

The abrupt firing this week of Dan Arnold, who took over as LPL's CEO in 2017 and once told the firm’s advisors that his mission was about “taking care of you, so you can take care of your clients,” is proving a shock.

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FASTCHAT VIDEO
Wealth Management Industry Awards: Interview with Mark Tibergien
Join David Armstrong as he chats with industry legend Mark Tibergien, winner of the Lifetime Achievement Award at the Wealth Management Industry Awards.
Watch Now >

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TECHNOLOGY

The Word on WealthTech For October 2024

F2 Strategy's co-founder and CEO provides his take on the most important wealth management technology news of the last month.

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PODCAST

The Diamond Podcast for Financial Advisors: How a Former Merrill Advisor Found His 'North Star' in the IBD Model

Covenant Capital founder Nate Harris explains why he left Merrill and opted for the independent broker/dealer model, which he felt would allow him to achieve all he desired and then some.

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WEBINAR
Portfolio Solutions for a New Rate Regime
Join our webinar on October 9th to hear how investors are facing the ‘money in motion’ phenomenon, which is occurring against the backdrop of a new rate regime.
Register Now >