Wealth Management
 
WealthManagment.com Daily Memo
Wealth Management Daily Memo

NOVEMBER 12, 2024

RIA NEWS

Prime Capital Attracts L.A.-Based Former Edelman Advisor

Andrew Selu is the latest Edelman employee to move to Overland Park, Kan.-based Prime Capital. Several former Edelman advisors have sued to break non-solicitation contracts this year.

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RIA NEWS

Mercer Advisors Adds Nearly $1.7B with Two Deals

The acquisitions of Chapel & Collins and Waypoint Capital Advisors expand Mercer's footprints in the Denver and Minneapolis areas, respectively.

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RIA NEWS

Creative Planning Acquires Fellow Kansas Firm with $550M AUM

Creative Planning's purchase of the Lawrence-based RIA Edmonds Duncan comes several weeks after TPG Capital announced a minority investment into the Peter Mallouk-led RIA.

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MUST READS

10 Investment Must Reads for This Week (Nov. 12, 2024)

It’s been a busy year for active ETFs in general, but the fluctuating interest rate environment has been a particular boon for active fixed-income ETFs. Looser credit conditions could flip the script and make private equity returns more competitive with private credit. These are among the investment must reads we found this week for wealth advisors.

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CAREERS

The Profession Has Failed Past Entrants

Why we need a frank conversation and detailed solutions for retention.

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