Wealth Management
 
WealthManagment.com Daily Memo
Wealth Management Daily Memo

OCTOBER 07, 2024

TECHNOLOGY

MAI Capital Management Acquires $1.2B Fee-Only RIA

The Cleveland-based MAI's acquisition of Halpern Financial is the firm’s eighth deal this year and its 40th since 2018.

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PODCAST

Celebrity Estates: Shannen Doherty and the Importance of Timely Planning

The day before she died, Shannen Doherty finalized her divorce, ensuring her assets would be passed to her chosen beneficiaries.

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The BEAT: Views You Can Use
Make sense of the markets with our investment insights.
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BUSINESS PLANNING

Information Overload May Dilute the Client Experience

More data does not necessarily make for better advice.

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ETFS

Tax-Busting Tactic Loved by Tech Millionaires Is Coming to ETFs

The Cambria Tax Aware ETF and the Stance Sustainable Beta ETF will each be seeded with the appreciated securities of wealthy investors, who will swap their assets for shares in the funds rather than buy into them with cash.

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REAL ESTATE

Public REIT Total Returns Are Up 40% Since October 2023

The shift to a new interest rate environment added more fuel to the fire, pushing REIT total returns up 16.8% in the third quarter alone.

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INDUSTRY

Advisor Campaign Donors Tilt Toward Trump

Kamala Harris' presidential campaign received more money from financial advisors than Donald Trump's, even though the Republican candidate received a greater number of individual donations.

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