Morning Memo
Wealth Management Morning Memo

APRIL 7, 2020

REGULATION AND COMPLIANCE

Moving Forward with Reg BI—Communicate Early and Often

COVID-19 caused many firms to put Reg BI compliance on the backburner. Here are three key lessons to help firms get compliant by June 30.

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INDUSTRY

M&A Loan Requests Spike

SkyView Partners, which matches RIAs and lenders, has seen a surge in loan requests from firm principals mostly focusing on partial sales.

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SPONSORED CONTENT

Client Acquisition and Retention

Optimizing the Advisor's Toolbox.

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TECHNOLOGY

Portfolio Management And Reporting Technology: When To Make A Change

How do you know when it is the right time to rip and replace these core pieces of your tech stack?

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CORONAVIRUS COVERAGE

PHILANTHROPY

CARES Act Sweetens the Pot for Charitable Giving

Here’s what the new legislation could mean for your philanthropic clients.

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REGULATION AND COMPLIANCE

SEC Holds Firm on June 30 Reg BI Implementation Date

The SEC's work over the past 10 months with broker/dealers, advisors and regulatory agencies has prepared everyone for compliance by the end of June, Chairman Jay Clayton said.

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PEOPLE

Poll: 15 Classic Books on Investing and the Markets

WealthManagement.com readers recently chose the top books that helped them the most in their investment careers. Give these classics a read during your self-quarantine, if you haven't already.

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SPONSORED CONTENT

CE CREDIT WEBINAR: Pro Strategies for a Resilient Practice In Uncertain Times

In the midst of uncertainty — market upheavals, commodity price shocks, and global health scares — how can you best support your clients, demonstrate the value of your advice, and move from fear to action? Let us provide you with proven strategies used by the pros, including championship athletes and top business executives, to be the calm at the center of the storm.

April 9, 2020 | 4:15 pm ET / 1:15 pm PT

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INDUSTRY

Creative Planning Grows in Crisis

Peter Mallouk’s firm took in $500 million in net new assets, and over a hundred new clients, during the past few weeks. 'It’s been our best month in a long time.'

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ALTERNATIVE INVESTMENTS

Weathering Extreme Markets with Real Estate Investments

Inherent illiquidity can be a boon in times of panic.

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The Daily Brief

REGULATION AND COMPLIANCE

State Regulators Urge SEC to Pause Rulemaking for 90 Days

NASAA says the coronavirus has paved the way for fraudulent activity, especially in the private markets.

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PEOPLE

LPL Hires New Head of Strategy From Fidelity

LPL has hired Aneri Jambusaria as its new head of strategy, replacing Dimple Shah, who left the company last summer.

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INDUSTRY

Securities America Snags $120 Million Team From Cetera

Despite a global pandemic, the recruiting wars continue, with Auburn, Ala.-based 20 / 20 Wealth Management Group joining newly acquired Securities America.  

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