Morning Memo
Wealth Management Morning Memo

DECEMBER 15, 2020

EQUITIES

A Pivotal Year for Direct Indexing

Major asset managers made big moves in the direct indexing space in 2020. Will advisors follow along?

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INSURANCE

New Annexus Division to Develop Annuity Products for 401(k)s

While Annexus is not yet ready to discuss specific products, it has filed six patents to bring retirement income products into the 401(k) space. 

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EXCLUSIVE RESEARCH

Closing the Gap Between Recommendation and Action

A substantial number of clients wait five to 10 years to act on advisor recommendations, potentially hurting their long-term investment goals.

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INSURANCE

Planning Using In-Kind Premiums

Private placement variable life insurance can be a useful utility knife for planners.

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FIXED INCOME

Fed Expected to Offer New Guidance, Not Action, on Bond Buying

The additional guidance could provide more clarity on what conditions would eventually prompt the Fed to increase or decrease the pace of bond purchases.

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SPONSORED CONTENT

State of Financial Planning and Fees Report

With financial planning taking center stage, the question becomes how advisors should charge for their services.

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Wealthies Circle Spotlight

What’s Sets Ubiquity Apart From the Rest?

Discover why Ubiquity is the preferred small business 401(k) for Advisors.

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The Daily Brief

REGULATION AND COMPLIANCE

FINRA Boosts Regulatory CE Requirements

The change means reps will take a portion of the regulatory agency's continuing education program once a year, as opposed to every three years.

FULL ARTICLE

ALTERNATIVE INVESTMENTS

Bitcoin's Climb Divides Technologists, Institutions

Israel's "start-up king" said cryptocurrencies are a gateway to "the dark economy," even while a legacy insurer buys $100 million in Bitcoin.

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WEALTHIES CIRCLE DIGITAL FORUM

2021 Planning Strategies

Join a series of live, interactive panel discussions held on December 15th, 2020 covering the current state and future direction of wealth planning featuring executives from finalist firms and industry experts.

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INDUSTRY

Wells Fargo Team With $215M in Assets Joins LPL

The partnership with White Oak Investment Management comes several weeks after LPL purchased the broker/dealer business of Waddell & Reed for $300 million.

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