Morning Memo
Wealth Management Morning Memo

AUGUST 5, 2020

INDUSTRY

American College of Financial Services Aims to Double Number of Black Advisors

“This request is bigger than a commitment to hiring more Black men and women, setting up a diversity council, or cloaking systemic racism and the struggles that Black people face with a problem that means well,” said George Nichols III.  

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ETFS

The Uselessness of ETF Fee Wars

The future of investing doesn’t lie in passive index tracking for near-zero fees. No one minds paying for innovation, argues Andrew Corn.

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SPONSORED CONTENT

Rise in E-Commerce Increases Need to Consider ESG Impacts

As grocery e-commerce accelerates, watch these 4 ESG factors.

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PEOPLE

Morgan Stanley’s Carla Harris Says Success on Wall Street Requires Finding Allies

One of the most senior Black women in finance talks about her career journey and what still needs to change.

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SPONSORED CONTENT

Seven Relationship Skills That Will Impress High-Net-Worth Investors

Attract, serve, and retain HNW investors with these seven tips.

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The Daily Brief

RETIREMENT PLANNING

Schwab: 401(k) Plan Participants Now Need to Save $1.9M to Retire

COVID-19 has exacerbated the anxiety around long-term retirement savings in 401(k) accounts, according to a Schwab survey.

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TECHNOLOGY

Reality Shares Launches Crypto Investment App

The ETF sponsor has tapped advisor Tyrone Ross as CEO of Onramp, its new alternative investment platform.

FULL ARTICLE

SPONSORED WEBINAR

Fireside Chat with the Experts on Midstream/MLPs

Please join us on August 12 at 2pm ET / 11am PT as we discuss the evolving North American midstream energy universe, once heavily tilted towards MLPs, to now a sizeable share for US and Canadian C-Corps.

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