Morning Memo
Wealth Management Morning Memo

DECEMBER 3, 2020

INDUSTRY

LPL Scoops Up Waddell & Reed’s Wealth Business

Broker/dealer Waddell & Reed, an 83-year-old firm, will sell its brokerage business to LPL and its asset management unit to Macquarie. 

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TECHNOLOGY

Fidelity Boosts Wealthscape's Digital Onboarding, Other Capabilities

There are improvements to Fidelity Institutional's Wealthscape platform for both advisors and end-investors.

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SPONSORED CONTENT

The Creation of the All-Powerful Fed

How the Fed evolved into the backstop for the financial system.

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REGULATION AND COMPLIANCE

Delaware Latest State to Propose Best Interest Rule for Annuities

The proposal is based on the NAIC's model regulation intended to align with Reg BI. But if a Biden administration urges changes to the SEC rule, how will states approach amending their own annuity regulations?

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SPONSORED CONTENT

Global Gold-Backed ETFs: A Popular Gateway to the Gold Market

Explore how gold ETFs have provided an efficient way for many investors to access gold.

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Wealthies Circle Spotlight

Experts in Advisory M&A

Gain industry insight into the M&A marketplace and start your search for the perfect acquisition partner.

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The Daily Brief

INDUSTRY

Mariner Wealth Advisors Opens Salt Lake City Office

The new location is the 42nd office, and Mariner's first in Utah.

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ADVISOR CHANNELS

Laird Norton, Filament Merge to Create $6 Billion RIA

Two Seattle-area registered investment advisors come together under the Laird Norton name.

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SPONSORED WEBINAR

Best Practices of a Modern Financial Services Firm

Attend this webinar on Tuesday, Dec. 8th and discover how to transform the role of CFO by incorporating cloud-based solutions that automate accounting processes—from the most basic to the most complex—to improve productivity, gain real-time visibility, and grow the business without the need for excessive hiring.

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