Morning Memo
Wealth Management Morning Memo

JUNE 9, 2021

LPL Unveils Pure-Play Custodial Service for Fee-Only RIAs

While LPL has had a custody offering for more than a decade, the firm has spent the last two years investing in it and making it more attractive to fee-only advisors. Now the firm is ready to take it to market with hopes its "white-glove" service model will resonate.

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Industry

Advisor Ric Edelman Steps Back From Edelman Financial Engines

After 35 years in the industry, financial advisor Ric Edelman is stepping back from his day-to-day duties at Edelman Financial Engines.

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SPONSORED CONTENT

Dispelling 5 Securities-Based Lending Myths

Take notice of the new reality for securities-based lending.

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Practice Management

The Life-Changing Benefits of Learning to Think Again

Even the most seasoned professionals stand to gain a great deal by daring to step outside their comfort zones.

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SPONSORED CONTENT

Adding Value in a World of Free

How do you differentiate as an advisor when investors can now get what you traditionally offered for free?

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Technology

Oxford University Quants Say Their AI Can Predict Stock Moves

The algorithm figured out the direction of a price move, with 80 percent certainty, over a period of about 30 seconds.

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Podcasts

CELEBRITY ESTATES PODCAST

Warren Buffett's Complicated Relationship with Money

The Oracle of Omaha is simultaneously one of the world's greatest amassers and spreaders of wealth.

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MINDY DIAMOND ON INDEPENDENCE

The Catalysts Behind the Growth of Mega-Firm Cerity Partners

Kurt Miscinski discusses with Louis Diamond how he and Howard Milstein built Cerity Partners from a startup to a $31 billion behemoth RIA.

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SPONSORED WEBINAR

Digital Transformation: What Does it Mean for RIAs?

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