WM Morning Memo
 
Wealth Management Daily Memo

DECEMBER 14, 2024

Meet the Ten to Watch in 2025

You may not know them now, but we think you’ll be hearing more about these 10 individuals in the years ahead.

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PEOPLE

Fired LPL CEO Dan Arnold Settles for $12M In Stock Options

According to records filed with the SEC, Arnold will retain 47,994 non-forfeited options with a price per share of $327.56. This totals about 15% of what he could have received if he had been terminated without cause.

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WHITE PAPER
Apex x Facet — Case Study: Unlocking New Levels of Growth
Facet drives growth with Apex real-time account opening.
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HIGH NET WORTH

Inaugural Survivor Winner Richard Hatch Ordered to Pay $3.3M Tax Bill

The winner of the first season of Survivor faces the consequences of tax evasion and failure to report.

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Trending Podcasts

The WealthStack Podcast: How Digital Vaults Empower Advisors and Families with Martha Underwood

Born out of a personal crisis during Hurricane Irma, Prismm was Martha Underwood’s solution to a pressing problem: secure, centralized access to critical documents.

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Adjusted for Risk: The Benefits of Alternative ETFs

New York Life Investments’ Dan Petersen discusses the benefits of holding alternative ETFs in investment portfolios.

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The Healthy Advisor: Using Life Planning to Turn Inward With George Kinder

George Kinder opens up about his own personal journey that shaped his passion for life planning and mindfulness.

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Focused on the Future: Aligning Wealth with Purpose with Jon Jones

Brighton Jones’ Jon Jones details how the firm’s client-centric, holistic approach has propelled the firm’s growth.

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ALTERNATIVE INVESTMENTS

SoFi Potentially Eying HNW Space with Latest Private Fund Options

The funds, including Cosmos, an SPV holding Space X, are available through SoFi’s partnership with Templum.

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INDUSTRY

Vanguard Launches New Advice and Wealth Management Division

The initiative will be led by Joanna Rotenberg, who is joining the company from Fidelity.

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TECHNOLOGY

TradePMR Bets on Referral Program, Tech in Robinhood Deal

TradePMR's Robb Baldwin outlines the value the deal brings to RIAs, including a more tech-driven referral program and back-office systems not built on legacy platforms.

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HIGH NET WORTH

Federal Court Suspends Corporate Transparency Act Enforcement

Clients and reporting companies should stay tuned for further updates.

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PEOPLE

Long-Time Carson Exec Aaron Schaben to Depart

At the beginning of next year, Schaben will move to Ron Carson's family office as CEO.

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WMTV ON LOCATION

Beyond the LOI: How Integration and Culture Define Success in RIA Deals

Henry Hagenbuch, senior managing director, head of M&A at Lido Advisors, challenges common misconceptions about "day one” transformations, emphasizing the importance of gradual integration and alignment with a firm’s culture.

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HIGH NET WORTH

Wealth Managers Play a Crucial Role in High-Net-Worth Divorces

Wealth managers bring a unique combination of expertise and experience that many matrimonial attorneys may not possess.

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