Morning Memo
 
Wealth Management Morning Memo

JANUARY 16, 2023

INDUSTRY

Merrill Grows Advisor Headcount 2% Despite Market Drop

Merrill Lynch Wealth Management President Andy Sieg said we are in a "bull market for advice." Meanwhile, in its quarterly earnings, Wells Fargo reported a slight dip in its headcount over 2021.

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TECHNOLOGY

WealthStack Roundup: Principal Teams with YieldX, Smartleaf on Direct Indexing for Bonds

Principal Asset Management collabs with YieldX and Smartleaf, Modern Life partners with Pacific Life, Advisor360 absorbs Agreement Express and a new hire at Carefull.

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SPONSORED WEBINAR

The Door Is Open … Wider: ESG Investing for Retirement Plans

Join this webinar on Jan. 19th for an explanation of the key changes in the DOL’s ESG ruling, as well as a summary of how the states and the industry are reacting to the regulation.

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HIGH NET WORTH

Recession, Personal Guarantees and Asset Protection

Will the lenders come to collect? Yes, they almost certainly will.

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TECHNOLOGY

Tax Season Gets a Gen Z Revamp on TikTok

A viral video shows the most aesthetically pleasing way to prepare your taxes. Here are some tips that will actually help.

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