WealthManagment.com Daily Memo
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Wealth Management Daily Memo

DECEMBER 7, 2020

INDUSTRY

What’s Behind LPL’s Decision to Buy Waddell & Reed?

Diana Britton

Waddell & Reed doesn’t bring scale to LPL, but rather a financial planning-focused group of advisors best poised to take advantage of what the larger firm can offer, says LPL Head of Recruiting Rich Steinmeier.

FULL ARTICLE

INDUSTRY

Snowden Lane Attracts $500 Million Buffalo Team From Merrill Lynch

Patrick Donachie

Magnolia Wealth Advisors will be Snowden Lane’s 12th office, and the new addition will put the company over $6 billion in assets under management.

FULL ARTICLE

SPONSORED CONTENT

Commercial Real Estate: A Real Alternative to Fixed Income

Sponsored by Black Creek Group

With many investors seeking income alternatives to diversify their portfolios – it may be time to consider commercial real estate.

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INSURANCE

Should a Life Settlement be on Your Client’s Year-End Planning List?

Jon Mendelsohn

Capital gains rates will likely rise in 2021, making this option less attractive unless completed before year end.  

FULL ARTICLE

WEALTHIES CIRCLE PODCAST

Fidelity's Digital Solutions

In partnership with Fidelity Investments

Fidelity Institutional's Lisa Burns introduces the firm’s technological integration system available for financial professionals.

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Wealthies Circle Spotlight

Technology to Enable Financial Planning

Contributed by LPL Financial

Financial planning & the right technology can help your practice thrive.

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