WealthManagment.com Daily Memo
 
Wealth Management Morning Memo

OCTOBER 3, 2023

INDUSTRY

Sigma Financial Rebrands to ‘Axtella’

After more than 40 years in business, another broker/dealer network updates its brand. The firm also hired Rob Engle as its new chief revenue officer.

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RIA NEWS

Creative Planning Picks Up $1B Kistler-Tiffany Advisors

Creative Planning announces its first acquisition since it agreed to buy Goldman Sachs' Personal Financial Management business.

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Now Available: The 2023 Firm Growth Study Report

Download this new report and discover what sets hyper-growth firms apart in the categories of technology, client engagement, and marketing.

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REGULATION AND COMPLIANCE

FINRA Suspends Rep 1 Year for Not Disclosing Celeb-Backed Crypto Asset

Justin Maher agreed to a 12-month suspension for not informing Northwestern Mutual of his involvement in co-founding a crypto asset eventually promoted by Kim Kardashian, Paul Pierce, Floyd Mayweather Jr. and other celebrities.

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ALTERNATIVE INVESTMENTS

Private Equity Indigestion Relief Is Meant to Hurt

It’s commonplace now for investors to sell their stakes in buyout funds before the vehicle matures. But with better risk management, they shouldn’t need to.

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Digitizing the Client Experience

Harness “digital” to improve the 6-steps of the client.

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