Wealth Management
 
WealthManagment.com Daily Memo
Wealth Management Daily Memo

MAY 29, 2025

REGULATION AND COMPLIANCE

SEC Accuses Advisor of $17M Scheme Targeting Venezuelan Nationals, Clergy

According to the commission, Andrew Jacobus allegedly raised nearly $40 million from clients, falsely claiming he would invest their securities via accounts at U.S.-based brokerage firms.

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RIA CHANNELS

Thiel's Indivisible Adds Women-Led Somerset Advisory

According to filings, John Thiel’s RIA Indivisible has added its third advisory with a firm led by a former Merrill wealth advisor.

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RESOURCE CENTER
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INVESTMENT

Goldman Sachs Adds ‘ETF Look Through’ to Direct Indexing Strategy

The new feature, available to RIAs initially, allows GSAM to “look through” to ETF underlying holdings to understand the risk/tax tradeoff.

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BUSINESS PLANNING

When Everything Changes: The 5 Stages of Advisor Grief

Recognize the emotions of the ongoing disruption in the wealth management world and use them as a catalyst for growth.

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