Morning Memo
Wealth Management Morning Memo

OCTOBER 12, 2019

PEOPLE

Ken Fisher’s Sexual Comments Roil Tiburon Conference

Advisor Alex Chalekian says he was 'disgusted' by comments made by the billionaire investor and advisor during a fireside chat at the Tiburon CEO Summit this week.

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PEOPLE

Tiburon Head Responds to Fisher’s 'Offensive Comments'

Tiburon Managing Partner Chip Roame said he would not name names, although he did commend Alex Chalekian for speaking out about billionaire investor and advisor Ken Fisher’s inappropriate comments at Roame’s summit.

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SPONSORED CONTENT

Navigating Volatility, Committed to Reliable Investing

Granular analysis of individual securities combined with macro thinking can drive better value while providing the potential for greater consistency.

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HIGH NET WORTH

Where Have All the High-Net-Worth Clients Gone?

Gone to Florida, everyone.

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INDUSTRY

Fidelity Follows Rivals to Zero-Fee Trades

The custodial firm announced today it too would eliminate the $4.95 commission on trades, including for RIAs, and reiterated that, unlike rivals, it does not sell trade order flow.

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SPONSORED CONTENT

Surfing the Wealth Management M&A Wave

Advisors commonly worry about their clients not transitioning with them during an M or A. Check out this resource for strategies to ensure they do, and to deliver them stellar service through the process.

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INDUSTRY

Ignore the Empire Builders; Do Right by Your Clients

The fee-based world is looking a lot like the old brokerage world in some disturbing ways.

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ETFS

The 25 Most Heavily Traded ETFs in the Past Month

These funds saw the most action during the past 30 days.

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REGULATION AND COMPLIANCE

Advisor Viewpoints on Compliance and Regulation

Cybersecurity threats top the list of concerns. 

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WEALTHCASTS

Dead Celebrity Podcast: Anthony Bourdain, Aretha Franklin and the Basics of Trusts

In this episode, David Lenok and Geoff Madsen discuss the benefits of using trusts in estate planning.  

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PHILANTHROPY

How to Handle Gifts From 'Tainted' Donors

Charities may need to 'return to sender.'  

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PROSPECTING

Nine Words You Should Never Say in Sales

Here's what to say instead.

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