Morning Memo
Wealth Management Morning Memo

JANUARY 13, 2018

HIGH NET WORTH

Craig Sager’s Last Tacky Suit?

The perils of a blended family.

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TECHNOLOGY

Merrill Lynch Will Allow Advisors to Text Clients

The broker/dealer plans to begin rolling out the new service to advisors this month.

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REGULATION AND COMPLIANCE

FINRA Cracks Down on Cryptos, Securities-Backed Lines of Credit

In its annual priorities letter, the regulator flags some new areas of focus for 2018, including cryptocurrencies, securities-backed lines of credit and business continuity.

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REGULATION AND COMPLIANCE

CFA Institute Proposes Preliminary SEC Solution on Fiduciary Standard

The organization calls on the SEC to clarify existing requirements. Meanwhile the regulator is accelerating work on its own fiduciary rule.

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ETFS

RIAs Love ETFs, Just Not for the Reason You Think

Everyone talks about cost and tax advantages, but advisors said the primary driver for them using exchange traded funds is really the underlying index.

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ETFS

Performance of Key ETFs by Category: A Look Back at 2017

Using ETFs to gauge the 2017 performance of key asset classes and strategies.

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ETFS

Boom Times for ETFs to Continue

“We are headed for a period where there will be increased volatility for risk assets. When we see a period like that, we see ETFs benefit afterward,” says Guggenheim’s William Belden.

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HIGH NET WORTH

Re-defining the Family Office

Look to the West Coast for innovation in the family office space.

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ADVISOR CHANNELS

Two RIAs Merge to Create Nearly $20 Billion Firm

Segall Bryant & Hamill and Denver Investments have similar business models as RIAs in the wealth management, institutional and mutual fund spaces.

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PROSPECTING

The ONE Activity to Track This Year

How many times did you ask for the business?

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