WealthManagement.com Daily Memo
 
Wealth Management Morning Memo

FEBRUARY 23, 2024

INDUSTRY

LPL Adds $16B From Wintrust Financial Corp.

Wintrust will move two businesses and 85 advisors to the LPL Institution Services platform from Wells Fargo.

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INDUSTRY

J.P. Morgan Accuses Advisor of Soliciting Clients After Jumping to Raymond James

The bank is seeking a temporary restraining order against Matthew D. Sitarski, alleging he accessed client information, violated contractual agreements and lured away clients with nearly $4 million in assets.

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PEOPLE

Wells Fargo Names New Growth Head for Independent Businesses

In a newly created position, Erik Karanik will oversee growth across Wells Fargo Advisors Financial Network and First Clearing.

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WEALTHSTACK ROUNDUP

SEI Makes $10M Investment In TIFIN

Also, Advzyon and Apex announce integrations and AssetMark boosts it 2024 tech budget by $15 million.

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