WM Morning Memo
 
Wealth Management Daily Memo

FEBRUARY 08, 2025

RETIREMENT PLANNING

The Best and Worst States to Retire in 2025

Is there such a thing as a “Yellowstone” effect?

Read More >

INDUSTRY

Osaic Is Focus of Latest Cash Sweep Class Action Suit

According to the complaint filed in Arizona federal court, the firm’s cash sweep practices “violate common law, federal law and industry regulations.”

Read More >

WHITE PAPER
2025 FMG Marketing Guide
A comprehensive blueprint to building a marketing strategy that truly moves the needle.
Learn More >
HIGH NET WORTH

Widow of San Diego Padres Owner Alleges Foul Play

The team is at the center of an ownership dispute.

Read More >

INDUSTRY

Morgan Stanley Snags $700M Merrill Advisor Group

The Zelin Group and its five advisors made the move after the lead partner, Jonathan Zelin, had been with Merrill for more than seven years.

Read More >

WHITE PAPER
AI, Data, and Security: Inside the CTO Strategy for Elite RIAs
Wealth management's unsung heroes, non-traditional CTOs, are shaping the industry's future.
Download Now >
Trending Podcasts

The Healthy Advisor: Beyond the C-Suite With Aaron Klein

The former Nitrogen CEO opens up about the challenges and rewards of international adoption and his plan for building a new company.

Read More >

The WealthStack Podcast: How Agentic AI is Revolutionizing Wealth Management with John Connell

Focal's John Connell explores the transformative power of agentic AI in the financial advisory space.

Read More >

ETFS

Vanguard Drops Expense Ratios on 43% of U.S. ETF, Mutual Funds

The asset manager says the reduced expenses on 168 funds will save investors $350 million in 2025.

Read More >

TECHNOLOGY

Popular AI Startup for Advisors, Jump, Raises $20M

The automated note-taking and workflow provider is working with many RIAs and is already an approved LPL vendor.

Read More >

PEOPLE

AssetMark Taps New CTO from BlackRock’s Aladdin

Alex Pape, a former global head of product at Aladdin, will oversee the development of AssetMark’s technology.

Read More >

ALTERNATIVE INVESTMENTS

Asset Managers Have 50+ Interval, Tender Offer Funds in the Pipeline

Consultant XA Investments expects continued growth as advisors continue to adopt the products for client portfolios.

Read More >

REGULATION & COMPLIANCE

FINRA Fines Apex Clearing $3.2M for Securities Lending Violations

This is FINRA’s first enforcement action for violations of Rule 4330, which established requirements for the borrowing of customers’ fully paid or excess margin securities.

Read More >

PEOPLE

Mercer Hires Client Development Director From LPL

Alisa Maute, a former executive vice president at LPL, will lead Mercer’s client development team, which has doubled in size over the past two years to more than 100 professionals.

Read More >

RIA NEWS

CW Advisors Announces Double Deal in Its Own Backyard

Buying Aspire Wealth Management and Fernwood Investment Management will add a combined $800 million to CW Advisors' platform.

Read More >