Wealth Management
 
WealthManagment.com Daily Memo
Wealth Management Daily Memo

MAY 15, 2025

IBD NEWS

Advisors Accuse Ameriprise of 'Mud-Slinging' and 'Name Calling'

Ten advisors responded to Ameriprise’s opposition to their motion to stay its lawsuit against LPL, saying it’s “dripping with personal vitriol” and “contempt for their legitimate privacy interests.”

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INDUSTRY NEWS

Former Florida Advisor Gets 8 Years, Owes $37M for Tax Shelter Scheme

Florida-based Stephen Mellinger helped clients prepare tax returns that bilked the IRS of $37 million and earned him and co-conspirators about $3 million in fees and stolen funds.

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WHITE PAPER
The Inaugural BetaNXT Data Modernization Benchmarking Survey
Tracking investment and wealth management decision-makers’ views and progress on data modernization.
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RIA NEWS

Former Hightower Advisor Moves Discrimination Lawsuit to Illinois

Glenn Frank, who was terminated from Hightower in December, is reviving a discrimination lawsuit against the firm in a different venue.

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MARKETING

LPL Financial Launches National Consumer Ad Campaign Featuring Anna Kendrick

LPL Financial is moving away from “quietly delivering” to a national, consumer-focused advertising campaign to bolster its brand recognition.

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WEBINAR
Ask the Experts: Grow Your Practice with Philanthropy: Comparing DAFs and Private Foundations
Explore how donor-advised funds and private foundations help high-net-worth clients achieve philanthropic goals through strategic, impactful giving.
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PHILANTHROPY

Putting Highly Appreciated Assets to Work for Good Causes

Help clients meet philanthropic goals and build their legacies.

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