Morning Memo
Wealth Management Morning Memo

SEPTEMBER 4, 2020

REGULATION AND COMPLIANCE

DOL Fiduciary Proposal Critics Say New Rule Would Cause Client Confusion

Critics and supporters of the Labor Department's fiduciary exemption proposal spoke during an all-day virtual session.

FULL ARTICLE

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CAREERS

Five Reasons Your Grid Payout Doesn't Matter

Why that percentage number should not be the be-all-and-end-all of your career.

FULL ARTICLE

ETFS

Darkest Quant Fears Ring True in $1 Trillion World of Smart Beta

According to a new study, hundreds of strategies that showed significant outperformance in backtesting are failing to live up to their hype once they are packaged up and sold as exchange-traded funds.

FULL ARTICLE

The Daily Brief

TECHNOLOGY

Clara Shih Stepping Down As Hearsay Systems CEO

Shih is moving into the role of executive chairperson, COO Mike Boese is taking over as CEO.

FULL ARTICLE

INDUSTRY

Wealth Enhancement Group Acquires $440M NY RIA

Wealth Enhancement Group acquired its third New York office.

FULL ARTICLE

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