WealthManagement.com Daily Memo
 
Wealth Management Morning Memo

NOVEMBER 29, 2023

PHILANTHROPY

New IRS Proposed Regs Target Donor-Advised Funds

They could expand the number of accounts that qualify as DAFs and the pool of persons subject to applicable excise taxes.

FULL ARTICLE

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PEOPLE

LPL Hires Wells Fargo Alum Jim McHale as CCO

McHale succeeds Mark Seffinger, who is leaving the firm; he'll report to Executive Vice President and Chief Risk Officer Brent Simonich.

FULL ARTICLE

FASTCHAT VIDEO

What Every Advisor Needs to Know About Transition

Learn what every advisor needs to understand in this tell-all from an industry executive who’s seen her fair share of transitions.

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401KTV

401(k) Real Talk Episode 87: November 29, 2023

Open, honest and candid discussion about fund lawsuits, DC plan trends, 403(b) use of PEPs.

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REGULATION AND COMPLIANCE

SEC’s Use of In-House Judges Cast in Doubt by Supreme Court

In a session that lasted more than two hours, the justices suggested that people accused of fraud by the SEC have a constitutional right to go before a federal court jury, at least when the commission is seeking civil penalties.

FULL ARTICLE

WMTV ON LOCATION

Matt Stewart on Credit Markets

Matt Stewart, Chief Operating Officer, Oaktree Strategic Credit Fund at Oaktree Capital Management discusses credit markets.

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