Morning Memo
Wealth Management Morning Memo

APRIL 2, 2021

Q&A: Alex David, Stifel’s New Independent B/D Chief

Stifel is working to revitalize its sleepy independent broker/dealer, Century Securities, starting with a rebrand and a new chief, former Wells Fargo exec Alex David.

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Technology

SEI's Oranj Acquisition: A Shot In The Arm For Its Advisor Unit?

SEI had weeks without competition to review Oranj tech, which will be melded into SEI's Wealth Platform.

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Industry

Michigan RIA Joins Focus Financial Partner Firm

The deal between Investment Counsel and LaFleur & Godfrey will mark the latter's second transaction in the past twelve months, and comes after Focus partner firms had a busy 2020 in M&A activity.

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Industry

How Financial Advisors Can Help Diversify Asset Management

BIPOC and women-owned firms manage just 1.3% of assets. Advisors are in a position to help change that number.

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