Morning Memo
Wealth Management Morning Memo

APRIL 30, 2021

BUSINESS PLANNING

Succession Planning Goes In-House

A new crop of programs at IBDs help advisors find successors—keeping their clients, and assets, close to home.

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BUSINESS PLANNING

Can AUM-Based Advisors Be True Fiduciaries?

During a recent Inside Wealth panel, advisor Rick Ferri argued that AUM-based advisors aren't incentivized to put clients first, while attorney Max Schatzow stressed advisor compensation for "value" isn't easily quantified. Either way, advisors should expect more client scrutiny over the price of advice.  

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SPONSORED CONTENT

Running an Advisory Business: Cost, Challenges and Opportunities

Strong front and back office operations are critical links in the chain for advisors.

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MINDY DIAMOND ON INDEPENDENCE

A $500M UBS Breakaway Success Story

Steven Tenney, founding partner and CEO, Great Diamond Partners, discusses "what's in it for clients."

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HIGH NET WORTH

Family Office for $90 Billion Fortune Reshapes Consumer Bets

Public filings give a rare look inside Mousse Partners, the family office for the owners of the Chanel brand.

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SPONSORED CONTENT

The Next Frontier of Fixed Income ESG Investing

Join us for this exclusive webcast on May 4 to hear insights about the evolution of fixed income ESG investing, different approaches to ESG engagement, characteristics of ESG fixed income portfolios, and more.

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