Wealth Management Morning Memo

MAY 15, 2021

PEOPLE

More TD Ameritrade Execs Get the Boot at Schwab

Diana Britton

In the latest round of layoffs in the wake of Schwab's ongoing integration of TD Ameritrade, TDAI executives Vanessa Oligino, Greg Menefee and Scott Leak are shown the door.

TECHNOLOGY

Riskalyze Campaign Attacks Orion's HiddenLevers, RiXtrema

Samuel Steinberger

Citing 'fiduciary responsibilities,' Riskalyze CEO Aaron Klein is publicly targeting the 'wildly inaccurate' and 'predictive guesswork' of his competitors.

RELATED: Riskalyze Launches 'The Risk Wars' but Backtracks on Naming Names

SPONSORED CONTENT

Will Outsourcing Model Management Hurt Your Value?

Sponsored by Orion Portfolio Solutions

Learn about the two most-cited reasons why advisors don’t outsource their model management, and the most advantageous reasons to consider it.

HIGH NET WORTH

What Does the Archegos Collapse Mean for Family Offices?

Matthew Erskine

Credit Suisse and the other banks did not ask enough questions, nor did they get the right answers about what Archegos was doing.

INDUSTRY

The 15 Best-Paying Metro Areas for Financial Advisors

WealthManagement.com Staff

For advisors looking to see how far their pay will stretch, location matters.

SPONSORED CONTENT

From Support to Superglue – How Bill Pay Activities Add Value to High-Net-Worth Client Relationships

Sponsored by Bill.com

A new innovative approach to referrals.

ETFS

Real Estate Is This Year’s Top-Performing Sector

Brad Zigler

Small-tilted ETFs produced the best risk-adjusted returns.

REAL ESTATE

Why One Investor is Betting Billions on SFRs

Bendix Anderson

Transcendent Electra plans to acquire or develop rental housing totaling $3 billion over the next three years.

SPONSORED WEBINAR

AI and the Future of Financial Management

The role of finance leaders and advisors, within financial services, is changing for the better. Join this webinar on May 18th and hear from Aaron Harris, CTO at Sage, as he shares his vision of the future of financial management and how AI can empower your finance team and build continuous trust.

INDUSTRY

RBC Wealth Management Recruits $1.6B Team From UBS

Asia Martin

RBC adds advisors specialized in the equine industry and socially responsible and ESG investing.

ESTATE PLANNING

Till Death (And Qualified Trusts) Do Us Part

Andrew M. Nerney and Stephanie Rapp

There are many reasons to shift the beneficial interest of a QTIP trust and its underlying assets during a surviving spouse’s lifetime.

ETFS

As Inflation Rates Rise, Look to Financials, Small-Cap Stocks

Lawrence Carrel

A panel of market observers from Informa Financial Intelligence see strong headwinds hitting an overly exuberant market.

ETFS

The 20 ETFs with the Best Returns Over the Past Year

Aniket Ullal, CFRA Research

Funds focused on metals and other commodities fared the best over the past year.