Morning Memo
 
Wealth Management Morning Memo

SEPTEMBER 27, 2023

REGULATION AND COMPLIANCE

SEC Charges AssetMark for Failing to Disclose Cash Sweep Conflicts

The TAMP also did not disclose conflicts related to custodial support payments; AssetMark will pay $18 million to settle the charges.

FULL ARTICLE

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RIA NEWS

Carson Tech Council Seeks to Create AI-enabled 'Cyborg Advisors'

Carson Group replaced its chief technology officer with a four-person technology team as the firm moves to embrace AI-enabled efficiencies.

FULL ARTICLE

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INDUSTRY

LPL Opens Acquisition Model to External Advisors

LPL's 'liquidity and succession' program aims to ease the economic burden of internal succession for practices, while capturing a larger share of the independent advisory market.

FULL ARTICLE

RETIREMENT NEWS

​​​​​​​New Jersey Selects Vestwell For Its Secure Choice Savings Program

The Garden State is the seventh to partner with Vestwell for its state retirement program. 

FULL ARTICLE

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