Wealth Management
 
WealthManagment.com Daily Memo
Wealth Management Daily Memo

JULY 09, 2024

RIA NEWS

RFG Promotes Shannon Spotswood to CEO

Spotswood, who has led day-to-day operations of RFG for the past nine years, succeeds founder Bobby White, who moves into an executive chairman role.

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RIA NEWS

Wealth Enhancement Group Snags $123M Massachusetts RIA

The acquisition of Peak Financial Services represents WEG’s fourth Massachusetts location.

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RESOURCE CENTER
How to Add Value in a World of Free
This industry brief discusses ways for advisors to differentiate their services and compete by showing their value.
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MUST READS

11 Investment Must Reads for This Week

Investors put $413 billion into U.S. ETFs in the first half of 2024, the highest six-month total since the second half of 2021, according to Morningstar. A Bloomberg analyst said July 18 is his “best guess” as to when spot Ethereum ETFs could be approved. These are among the investment must reads we found this week for wealth advisors.

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ETFS

ETF Issuers Stay Active in June

ETF managers remained busy in closing out the first half of 2024. Overall, asset mangers launched 50 ETFs in June.

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WMIQ RESEARCH REPORT
Interest in M&A Swells Along With Firm Valuations
As the economy stabilizes, financial advisors are recognizing the benefits of mergers and acquisitions.
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