Morning Memo
Wealth Management Morning Memo

APRIL 9, 2020

INDUSTRY

Advisors Hit Hurdles in Applying for PPP Loans

The Paycheck Protection Program is aimed to help assist small businesses retain employees, but advisors have joined others in navigating changing guidelines and ran into immense demand.

FULL ARTICLE

TECHNOLOGY

Advisor's Silver Lining: Free Planning Everywhere

You get a plan! You get a plan! Financial planning software developers are eagerly using market volatility as an opportunity to get new customers.

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SPONSORED CONTENT

Unlock the Business-Building Potential of Education

You don’t have to advise retirement plans to take advantage of opportunities with business owners.

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TECHNOLOGY

What You Should Know About New Cybersecurity Risks

Cyber criminals are using the heightened fear around COVID-19 as a way to create scams that appear legitimate and urgent. Here's how to combat them.

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PHILANTHROPY

Six Gifting and Tax Strategies for the Current Environment

Even amid the turmoil, opportunities still exist.

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SPONSORED WEBINAR

Harnessing the Power of Price-to-Sales

Research of the monthly price-to-sales multiple of the S&P 500 Index over the past 30+ years shows a nearly 90% correlation between the price-to-sales of the index and its future 10-year return. So how can using the price-to-sales ratio of a diversified portfolio of stocks provide guidance to potential forward-looking returns? Learn more by attending this webinar as we discuss the power of evaluating investments based on price-to-sales multiples—and their long-term predictability of future returns and more.

Thursday, April 16, 2020 | 2:00 PM EDT

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CORONAVIRUS COVERAGE

TECHNOLOGY

From Remote Desktops, Fintechs Offer Warnings and Lessons For Advisors

As remote working becomes plain old working, what can advisors learn from the fintechs that support them?

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INDUSTRY

Transitioning in the Midst of a Pandemic

The spread of coronavirus put a kink in Blyth & Associates’ transition to LPL, but the team found that most things could be done virtually.

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COLLEGE PLANNING

How to Evaluate the Financial Health of Colleges in the New Era

Colleges are entering a new era that could be worse than the Great Recession. Advisors can help families of college-bound teens navigate the uncertainty.

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INDUSTRY

Advisor Events and Conferences Affected by Coronavirus

UPDATED: Is my event still on? Here's a running list of wealth management events and conferences canceled and postponed by the novel coronavirus pandemic.  

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ESTATE PLANNING

Litigation in the Time of COVID-19

Despite court closures, there are steps parties can take to protect themselves and their claims.

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ESTATE PLANNING

Dealing with “Panic Wills”

Amid the pandemic, individuals seek to get their estate plans in order.

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The Daily Brief

TECHNOLOGY

RIA in a Box Introduces Automated Form CRS Creation Tool

To create the automated Form CRS, the tool pulls from a firm’s Form ADV and a short, rules-based questionnaire.

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PHILANTHROPY

Nonprofit Grant Volumes Climb 36% in March in Response to COVID-19

While nearly eight in 10 donors expect to maintain or increase their charitable giving this year, nearly half of recent volunteers plan to decrease the amount of time they volunteer or stop it altogether due to social distancing guidelines, according to Fidelity Charitable.

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TECHNOLOGY

DriveWealth to Bring Fractional Trading to HSAs

DriveHSA will develop technology to allow individuals to trade fractional shares of equities, ETFs, ADRs and mutual funds inside HSAs.

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