Morning Memo
Wealth Management Morning Memo

AUGUST 18, 2020

REGULATION AND COMPLIANCE

Advisors Say Clients Not Responding to Form CRS

Some advisors report that few clients have asked any questions resulting from the new disclosure document, leading them to wonder if they are reading it at all. “I think people might just be a little bit numb to the amount of disclosures.”

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TECHNOLOGY

Are In-Person Advisor Conferences Doomed?

Riskalyze might have killed in-person conferences with its virtual "Fearless Week."  

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INDUSTRY

“We’re Not Big Enough to Do Diversity and Inclusion”

Size is not a prohibitive barrier to achieving the successful practice of D&I. What matters most is our willingness to make ourselves uncomfortable initially, act in new ways that produce far more diverse and inclusive results and that help us evolve our organizational cultures rather than simply perpetuate them.

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The Daily Brief

INDUSTRY

LPL Recruits $300M Team From KMS Financial Services

The advisors leave one of the broker/dealers folded into Securities America in the wake of Advisor Group’s acquisition of Ladenburg Thalmann.

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INDUSTRY

Financial Literacy More Important to Americans Than Health and Wellness

“Financial literacy is a survival skill that everyone needs," a recent Schwab survey found.

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