WM Morning Memo
 
Wealth Management Daily Memo

APRIL 08, 2025

IBD NEWS

State Securities Regulators Approve Changes to Match Model Rule with Reg BI

The amendments to the model rule wouldn’t automatically change for state-registered reps. By offering the template, NASAA aims for uniformity between states (and between state and federal law).

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IBD NEWS
Prospera Acquires 37-Year-Old St. Louis IBD
Cutter & Company, a St. Louis-based independent broker/dealer, adds about 40 advisors to Prospera's platform.
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FASTCHAT VIDEO
Unlock Specialized Client Services with the Private Bank
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RIA NEWS
Modern Wealth Acquires California-Based RIAs with $1B in Assets
The RIA integrator, founded by United Capital advisors about two years ago, has booked its 14th and 15th deals since launch.
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ETFS

Largest Dividend ETFs Diverge in Exposure After Annual Reconstitutions

Monitoring changes in U.S.-listed dividend-focused ETFs is important since this category had $504 billion in assets.

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