Morning Memo
Wealth Management Morning Memo

OCTOBER 26, 2021

DOL Delays Fiduciary Rule Enforcement to 2022

The Labor Department announced it would not pursue claims against fiduciaries acting "diligently and in good faith" to comply with the rule through Jan. 31, 2022, and it would not enforce rollover requirements through the end of June.

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Sanctuary Lands Missouri Breakaway Advisors with $400 Million in Assets

NobleVest Private Wealth consists of three breakaway founders from Morgan Stanley and one from Ameriprise; it is Sanctuary Wealth’s 17th breakaway firm of the year and the second in the state.

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SPONSORED CONTENT

Busy Doesn't Always Mean Business

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ETFs

Fund News Advisors Can Use: EQM Launches ETF Model Portfolios

In this week's fund news, EQM Capital introduces new ETF model portfolios; IndexIQ's new thematic ETFs to benefit nonprofits; veteran hedge fund manager converts fund to mutual fund; and Valkyrie's bitcoin futures ETF starts trading.

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SPONSORED CONTENT

ProShares: Time to Buy the Aristocrats?

Dividend Aristocrats are at decade-low valuations—Buy?

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Podcast

Celebrity Estates: Britney Spears' Conservatorship

David H. Lenok and Megan Gorman discuss the very public and controversial conservatorship of pop star Britney Spears.

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SPONSORED WEBINAR

Uranium: Fueling Decarbonization on a Path to Net-Zero

Join this webinar on Oct. 28th for an overview of the opportunity in Uranium and nuclear energy. You'll hear how nuclear energy will play a vital role in decarbonizing our modern economy.

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Estate Planning

T&E Panel Tackles Diversity Issues

Practitioners should pursue these objectives.

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