Wealth Management Daily Memo

NOVEMBER 13, 2020

REGULATION AND COMPLIANCE

SEC Charges Five Firms With Improperly Selling Volatility-Linked ETPs

Patrick Donachie

The cases against the investment advisory firms marked the first from the Enforcement Division's Exchange-Traded Products Initiative.

TECHNOLOGY

Riskalyze Fintech Report Card: October 2020

Aaron Klein

Riskalyze CEO Aaron Klein gives the thumbs-up or thumbs-down on the biggest news to hit advisor technology in the previous month.

SPONSORED CONTENT

Fiduciary Trust RIA Services

Sponsored by Fiduciary Trust Company

RIA-managed NH Trusts & DAFs; superior-service Custody

PEOPLE

Ex-Wells Fargo CEO Stumpf, Tolstedt Misled Investors, SEC Says

Gregory Mott

John Stumpf, who retired in 2016 after the bank’s deceptions came to light, agreed to pay a $2.5 million fine to settle the allegations.

WEALTHIES CIRCLE PODCAST

Optimize Growth and Profitability With LPL Financial

In partnership with LPL Financial

LPL Financial's Rich Steinmeier discuses the firm's tech strategy for business owners and independent advisors.

Wealthies Circle Spotlight

Open Accounts & Onboard Clients Without Forms

Contributed by Docupace

Create a simple branded digital client onboarding experience for the advisors and clients.

VISIT THE WEALTHIES CIRCLE