Morning Memo
 
Wealth Management Morning Memo

AUGUST 28, 2023

Massachusetts Court Overturns Robinhood Win

The higher court ruling overturns one that found in the online broker's favor in early 2022.

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Regulatory

Wells Fargo Overcharged Clients $27 Million in Fees, SEC Alleges

In June, Wells Fargo paid the affected accounts $39 million in reimbursed fees with interest.

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RIA Channels

RIA Roundup: Avantax Adds Two Firms, $450M in Assets

In other RIA news, Wealthspire expanded into Denver, Hightower supported the acquisition of Trellis Advisors by partner firm Highland Private Wealth, and Apollon, Kestra PWS and Steward onboarded new advisors.

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WHITE PAPER

Client-Facing Technology Will Power Growth

Wealthtech Survey shows a strong year for tech Investments.

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Practice Management

Four Business Succession Planning Techniques to Consider

Thoughtful succession planning can pave the way for a smooth transition and a thriving future.

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MIDYEAR OUTLOOK

De-risking Retirement Portfolios

Secure your retirement strategy: harnessing annuities for flexibility and stability amidst market volatility

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WEBINAR

Empowering Wealth Management: Mastering Tech Modernization at Scale

Join our webinar on Monday, September 11th, for insights into wealth management's digital transformation. Discover how to elevate revenue, engage clients, and navigate the evolving landscape. Explore tech tools, personalized strategies, and real case insights. Don't miss out!

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RIA Edge

RIA Edge Podcast: Lido’s Ken Stern on Navigating Growth and Culture in Wealth Management

This era in wealth management has seen unparalleled growth opportunity. Lido Advisors has embraced this golden age of shifting demographics and technological advancements to be one of the fastest growing and successful firms in the industry.

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