WealthManagment.com Daily Memo
 
Wealth Management Daily Memo

JULY 28, 2023

INDUSTRY

LPL Reports Record Recruiting Quarter on Heels of B/D Acquisition

Following the announcement of its acquisition of Crown Capital Securities, LPL said it added $19 billion in recruited assets and 421 net new advisors during the second quarter.

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RIA ROUNDUP

Manhattan West Exceeds $1B in Assets with Private Wealth Recruits

Aspiriant, Key Private Bank and Merrill Lynch lost advisors to Manhattan West and Steward Partners in moves announced this week, while F.L.Putnam expanded in Maine.  

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WHITE PAPER

2023 Midyear Market and Economic Outlook

The debt ceiling was resolved, but other risks persist. Find out what that means for the rest of 2023.

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TECHNOLOGY

TIFIN Launches TIFIN.AI Platform

J.P. Morgan's latest investment in the startup incubator is fueling the firm's next round of AI-enhanced technology tools for advisors.

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PROSPECTING

A Can't-Miss Way to Build COI Relationships

It’s based on the idea that you should be current in all areas of your clients’ financial lives, not just their investments.

FULL ARTICLE

WHITE PAPER

As Rates Rise, Consider Fixed Income that Floats

How floating rate direct loans have thrived in past periods of rising interest rates and market volatility.

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