Morning Memo
 
Wealth Management Morning Memo

JUNE 4, 2024

PEOPLE

David Canter Joins Board of $7.5B RIA Parallel Advisors

The former Fidelity and Bluespring exec will serve on the board of directors at Parallel Advisors, a San Francisco-based RIA backed by private equity firm Golden Gate Capital.

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RIA NEWS

Stratos Adds Second Team in As Many Weeks in Its Backyard

Pistone Wealth Advisors brings $120 million in client assets from Beacon Financial Advisory.

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SPONSORED CONTENT

Today’s Business Runs on Content

Financial services still rely on content. Upgrade workflows with the Content Cloud for file management, collaboration, and security.

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RPA

Leading and Adapting in a Changing World

Suggestions on how RPAs and RIAs can navigate it via the words of Tao.

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ALTERNATIVE INVESTMENTS

Private Credit, Wall Street’s Hottest Trade, Has an Ugly Moment

JPMorgan CEO Jamie Dimon recently said he expects problems to emerge in private credit, and warned that “there could be hell to pay.”

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