WM Morning Memo
 
Wealth Management Daily Memo

JANUARY 28, 2025

RIA NEWS

Judge Voids Hightower Non-Compete Against Former Advisor

“They’re trying to make an example of Darren Reinig so they can send a message to the broader advisor community that if you try to leave Hightower, we’re going to make your life expensive and litigious. And essentially that message has now popped,” the advisor’s attorney said.

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RIA NEWS
Edelman Claims Mariner CEO Bicknell Personally Called Potential Recruit
Mariner’s recruitment scheme “was calculated to ensure Mariner received Edelman’s trade secrets,” according to amendments made to a lawsuit Edelman first filed in 2023.
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2025 MARKET OUTLOOK
Your Clients Need Peace of Mind in 2025. Give It to Them With Estate Advice
Estate planning is becoming a key part of comprehensive financial advice, and with new technologies, advisors can easily offer tailored strategies that stand out and meet growing client demand.
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ALTERNATIVE INVESTMENTS

Retail Alts Fundraising Exceeded Expectations in 2024

The volume of fundraising for alternative investment vehicles through the retail channel reached $122 billion, reports Robert A. Stanger & Co.

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RIA NEWS
Carson Acquires $365M Sacramento Firm
Advisors Jerod Wurm and Casey Frye in Roseville, Calif., join Carson from Wells Fargo Advisors Financial Network.
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WHITE PAPER
2025 FMG Marketing Guide
A comprehensive blueprint to building a marketing strategy that truly moves the needle.
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