Morning Memo
Wealth Management Morning Memo

JANUARY 14, 2020

CAREERS

As Wirehouses Change, The Advisor Is No Longer King

As firms drive toward greater profitability and workforce retention, a new environment has developed—one where advisors have far less control over their business lives.

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EQUITIES

Picking Winners Has Been the Biggest Loser

Portfolio managers have proven they cannot predictably pick winning companies consistently. They may have a better shot at weeding out the losers.

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SPONSORED CONTENT

When it Comes to REITs, Active Management Matters

Capitalizing on an Inefficient Market: The Case for Active REITs.

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ESTATE PLANNING

Practical Pointers When Using Powers of Appointment

Put safeguards in place to avoid abuses or plan for uncertainty.

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SPONSORED WEBINAR

Staying the Course in a Time of Increasing Risk

A decade of ultra-easy monetary policy has led corporate issuers to accumulate record levels of debt, making them vulnerable to downgrades when the turn in the business cycle arrives. In this time of increasing risk, we’ll share insights on tensions in the macro environment and potential implications to investors.

Thursday, January 16, 2020 | 4:15 PM ET  

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The Daily Brief

PEOPLE

Citizens Bank-Owned RIA Clarfeld Names Rick Suarez New CEO

Rick Suarez will serve as CEO of Clarfeld, a $3.9 billion RIA acquired by Citizens Bank last year.

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INDUSTRY

New England Capital, St. Germain Investment Management Merge

St. Germain Investment Management acquired Gage-Wiley & Co. and its affiliate New England Capital.

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