Morning Memo
Wealth Management Morning Memo

NOVEMBER 30, 2017

RETIREMENT PLANNING

A Quick Lesson on RMDs

The end of the year can be the start of confusion for older retirement account owners.

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ETFS

If You’re Going to Invest in Cryptos, Diversify

With the extreme, rapid price appreciation of digital currencies, some clients may be demanding an investment in cryptocurrencies. If you must, diversification is key.

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SPONSORED CONTENT

Beyond the Typical Millennial Research

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MY LIFE AS A CLIENT

Only as Strong as Your Weakest Link

What do your clients really say about you behind your back? Here’s the view from Warren Bimblick, a media consultant in New York City and former executive at Penton Media.

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The Daily Brief

Gen X Saddled With Debt

Members of Generation X continuously struggle with debt, which hinders long-term planning, according to the new Generations Ahead Study from Allianz Life. Generation X’s non-mortgage (credit card and student loan) debt has increased 15 percent since 2014, and nearly half believe they cannot start saving for retirement until such debt is paid. ...

Morningstar: Alternative Fund Fees are Significantly Higher than Other Mutual Funds’
A recent analysis by Morningstar shows that alternative fund fees are about twice as high as fees on other, traditional, actively managed equity and bond funds. Not only are fees high, but alternative funds are the only fund category to show rising costs over the last year. ...

Guggenheim: Recession Coming in Late 2019
Guggenheim Investments released a whitepaper Wednesday that predicts the next recession is due in late 2019 to mid-2020. ...

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