Morning Memo
Wealth Management Morning Memo

JULY 24, 2018

INDUSTRY

Lightyear-Fueled Wealth Enhancement Group Acquires Yet Another RIA

The acquisition of a retirement planning firm in Jacksonville is the sixth major acquisition Jeff Dekko’s hybrid firm has made since being acquired by Donald Marron’s Lightyear Capital.

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PEOPLE

Fidelity Advisor Managing $2.7 Billion Joins RIA

Larry Rollins said Monday he was joining Brenton Point Wealth Advisors.

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SPONSORED CONTENT

It's Now or Never for Energy Stocks

Major opportunities continue to exist in commodities, especially in energy.

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ETFS

Single Versus Multi-Factor ETFs

It is important to understand that when investors shift their market-cap focus, sector exposure can vary even inside similar sounding strategies.

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The Daily Brief

ALTERNATIVE INVESTMENTS

Despite Returns, HNWIs Are Still Interested In Cryptocurrencies

Nearly 30 percent of high net worth clients have a high degree of interest in cryptocurrencies, according to Capgemini's Top 10 Trends in Wealth Management report.

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ALTERNATIVE INVESTMENTS

ICOs Rake In Assets, Yet Lack Contractual Safeguards

A University of Pennsylvania Law School's review of 2017's 50 largest Initial Coin Offerings by amount raised found significant discrepancies between ICO code and the "contractual promises" made by ICO promoters.

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PEOPLE

McKinsey Director Named CFO of New Broker/Dealer

Bill McCauley has been named the chief financial officer of the broker/dealer Independent Financial Partners plans to launch in 2019.

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