WealthManagment.com Daily Memo
 
Wealth Management Daily Memo

AUGUST 2, 2022

RIA NEWS

Two Ohio RIAs Merge, With Merchant Backing

Beachwood, Ohio-based RIAs MGO Investment Advisors and One Seven, which share a family connection, have merged, with Merchant Investment Management taking a minority stake in the new entity.

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RIA NEWS

Mariner Expands Portfolio Offerings with Latest Acquisition

Heber Fuger Wendin Investment Advisors, with $8.6 billion in assets, brings to Mariner its client roster of community banks and credit unions.

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WHITE PAPER

Transitioning Your Practice the Way You Want

Explore succession planning options as an independent advisor.

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RPA EDGE

The Case for More 401(k) Education and Training

Empty certifications that require no experience and limited interaction only adds to plan sponsors’ mistrust of the industry.

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REGULATION AND COMPLIANCE

Robinhood Crypto Unit Fined $30M by New York Regulator

The New York State Department of Financial Services alleges Robinhood lacked sufficient staff and resources to ensure compliance with the Bank Secrecy Act and anti-money-laundering rules.

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SPONSORED WEBINAR

The Rise in Interest Rates and the Impact on Wealth Management

Join this webinar on August 23rd for a timely discussion on how the Fed may be inadvertently slowing down M&A strategies in 2022.

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