Morning Memo
 
Wealth Management Morning Memo

MAY 25, 2024

HIGH NET WORTH

Six Items that Could Trigger an IRS Audit

Wealthy individuals with a red flag on their tax returns are more at risk.

FULL ARTICLE

RPA

A Peek into the Future for 401(k) Plans

Through the lens of the past and present.  

FULL ARTICLE

SPONSORED CONTENT

AI vs. the Economy – A Tale of Two Outlooks

Why Silicon Valley is confident, amid slowing economic growth.

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INDUSTRY

Schwab's Bernie Clark: The First Trillion Dollar RIA Is Coming

As RIAs continue to consolidate, the industry will soon see a $1 trillion AUM firm emerge, Clark predicted at Schwab’s Institutional Investor Day.

FULL ARTICLE

INDUSTRY

LPL Recruits $4.6B OSJ from Lincoln

Pilot Financial, which has 105 advisors, joins LPL as an office of supervisory jurisdiction, following Lincoln's sale to Osaic.

RELATED:  LPL Lures $705M Merrill Lynch Team to Private Wealth Model

FULL ARTICLE

WEBINAR

Charting Your Course: Strategies for Thriving in Today's Financial Market

Join us on June 17, 2024, to uncover growth strategies such as mergers, organic growth, and strategic partnerships with industry experts and see how top firms lead the pack.

REGISTER NOW

RIA NEWS

AlphaCore Adds Head of Corporate Development From Focus Financial

Aidan Walsh is the latest hire at the firm staked by Constellation Wealth Capital.

FULL ARTICLE

ETFS

ETFs with the Worst Returns Over the Past Five Years

The last half-decade was not good to these funds.

FULL ARTICLE

ALTERNATIVE INVESTMENTS

For Optimal Real Estate Performance, Blend Public and Private Assets

A new report from J.P. Morgan Asset Management examines how different ratios of public to private real estate holdings affect returns and volatility.

FULL ARTICLE

WEALTH MANAGEMENT INVEST PODCAST

Wealth Enhancement Group's Approach to Private Investments

WEG's Doug Huber details strategies that can be employed for portfolio diversification and achieving various investment objectives through alternatives.  

LISTEN NOW

WEALTHSTACK ROUNDUP

Ron Pruitt Named Orion Wealth Management President

Also, Sanctuary Wealth appoints Robert Coppola as chief technology officer, DriveWealth hires new executives and Commonwealth Financial Network partners with iCapital.

FULL ARTICLE

RETIREMENT PLANNING

Report: Half of U.S. Adults 61-65 Have Already Retired

Nearly a third of them are still providing financial support to adult-age children and extended family members.

FULL ARTICLE

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