WealthManagement.com Daily Memo
Wealth Management Daily Memo

JUNE 28, 2021

INDUSTRY

CI Financial Adds 19th U.S. Firm, $2.6B RIA Radnor Financial Advisors

Radnor Financial Advisors adds to CI Financial tax planning and corporate compensation services.  

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REGULATION AND COMPLIANCE

SEC: California Firm Settles Over 12b-1 Fee Disclosures

The commission argued Crown Capital Securities recommended higher-fee funds to clients without disclosure, and failed to self-report these conflicts to the SEC.

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SPONSORED CONTENT

Market Optimism: What Clients Need to Know

Market concerns you need to discuss with clients to get ahead.

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INSURANCE

Principal Eyes Insurance Block Sale With $18 Billion Reserve

Principal will continue selling variable annuities and invest in growth areas such as global asset management and retirement businesses in the U.S. and select emerging markets.

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EQUITIES

Rob Arnott Says He Told You Tesla Would Be a Drag on the S&P 500

In a new study, the Research Affiliates founder details the long history of bloated companies dragging down capitalization-weighted benchmarks.

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SPONSORED CONTENT

Tackling Climate Change Through the Municipal Bond Market

The Biden administration’s American Jobs Plan addresses both infrastructure and larger environmental issues.

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Back to the Office

BUSINESS PLANNING

Should Advisors Force Employees Back to the Office?

The decision is yours, but make sure to spell out the business case to clients and team members for why it makes sense either way.

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REAL ESTATE

UBS to Let Two-Thirds of Employees Adopt Permanent Hybrid Work

Employees can start applying for hybrid working as soon as local pandemic rules allow.

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SPONSORED CONTENT

Arc Business Management: Building Confidence

Give your firm the confidence to manage bill pay for its High-Net-Worth clients.

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