Morning Memo
Wealth Management Morning Memo

MARCH 16, 2018

DOL FIDUCIARY RULE

Court of Appeals Vacates DOL Fiduciary Rule

The Fifth Circuit Court of Appeals argues the Department of Labor lacked the statutory authority to promulgate the rule, a major victory for the brokerage industry.

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RETIREMENT PLANNING

Employee Benefits Post Tax Reform

The trend toward de-risking continues.

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The Next Wave of Advice Management

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BUSINESS PLANNING

Developing a Mindset for Good Habits

For every good habit you develop, at least one bad habit is discarded.

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The Daily Brief

Assets on Wealth Management Platforms to Nearly Double by 2022

Assets on wealth management platforms, including the so-called robo advisors, is expected to nearly double in the next five years. The global market for wealth management platforms is expected to grow from $1.7 billion in 2017 to $3.2 billion by 2022, according to research from ReportLinker. ...

Diversification Even More Critical in the Crypto Space
Late last month, Matt Hougan stepped down from his position as CEO of Inside ETFs to join cryptocurrency index fund manager Bitwise Asset Management. His first order of business in the crypto space? To make the case for diversification. Hougan released a new research report analyzing the monthly returns of the 10 largest coins over the past year. ...

Oranj Expands MAX Offerings
Oranj has added four asset managers to its OranjMax platform. First Ascent Asset Management, Marisco Capital Management, OppenheimerFunds and SpiderRock Advisors are now able to host model portfolios and funds on OranjMAX, the firm announced. ...

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